LR Garden: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LR Garden
Largest movements
- Tangible fixed assets -€18,756
down €18,756 (-35.8%), from €52,376 to €33,620
of which Furniture and vehicles: -€10,368
- Receivables within one year +€8,534
up €8,534 (+218.3%), from €3,910 to €12,444
of which Trade receivables: +€11,986
- Cash +€3,224
up €3,224 (+26.4%), from €12,215 to €15,438
mainly Depreciation (+€32,660) and Tax, wage and social debts (+€1,136)
- Debts after one year -€6,684
down €6,684 (-31.7%), from €21,066 to €14,382
- Other debts -€2,847
down €2,847 (-8.0%), from €35,527 to €32,680
- Tax, wage and social debts +€1,136
up €1,136 (+2341.5%), from €49 to €1,185
- Profit (loss) carried forward +€1,015
up €1,015 (+135.9%), from €747 to €1,762
- Gross operating margin +€6,815
up €6,815 (+22.8%), from €29,922 to €36,738
- Depreciation +€3,062
up €3,062 (+10.3%), from €29,598 to €32,660
- Write-downs +€1,009
new in 2025: €1,009
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,151 | €64,072 | -€7,080 | -10.0% |
| Fixed assets | 21/28 | €52,376 | €33,620 | -€18,756 | -35.8% |
| Tangible fixed assets | 22/27 | €52,376 | €33,620 | -€18,756 | -35.8% |
| Plant, machinery and equipment | 23 | €37,506 | €29,118 | -€8,388 | -22.4% |
| Furniture and vehicles | 24 | €14,870 | €4,502 | -€10,368 | -69.7% |
| Current assets | 29/58 | €18,775 | €30,452 | +€11,677 | +62.2% |
| Amounts receivable within one year | 40/41 | €3,910 | €12,444 | +€8,534 | +218.3% |
| Trade receivables | 40 | - | €11,986 | +€11,986 | |
| Other amounts receivable | 41 | €3,910 | €458 | -€3,452 | -88.3% |
| Cash at bank and in hand | 54/58 | €12,215 | €15,438 | +€3,224 | +26.4% |
| Deferred charges and accrued income | 490/1 | €2,651 | €2,569 | -€81 | -3.1% |
| Total equity and liabilities | 10/49 | €71,151 | €64,072 | -€7,080 | -10.0% |
| Equity | 10/15 | €5,747 | €6,762 | +€1,015 | +17.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €747 | €1,762 | +€1,015 | +135.9% |
| Amounts payable | 17/49 | €65,404 | €57,310 | -€8,095 | -12.4% |
| Amounts payable after more than one year | 17 | €21,066 | €14,382 | -€6,684 | -31.7% |
| Financial debts | 170/4 | €21,066 | €14,382 | -€6,684 | -31.7% |
| Amounts payable within one year | 42/48 | €43,708 | €42,298 | -€1,410 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €6,368 | €6,684 | +€316 | +5.0% |
| Trade debts | 44 | €1,765 | €1,749 | -€16 | -0.9% |
| Suppliers | 440/4 | €1,765 | €1,749 | -€16 | -0.9% |
| Taxes, remuneration and social security | 45 | €49 | €1,185 | +€1,136 | +2341.5% |
| Taxes | 450/3 | €49 | €1,185 | +€1,136 | +2341.5% |
| Other amounts payable | 47/48 | €35,527 | €32,680 | -€2,847 | -8.0% |
| Accrued charges and deferred income | 492/3 | €630 | €630 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,598 | €32,660 | +€3,062 | +10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,009 | +€1,009 | |
| Other operating charges | 640/8 | €300 | €566 | +€266 | +88.7% |
| Gross operating margin | 9900 | €29,922 | €36,738 | +€6,815 | +22.8% |
| Operating profit (loss) | 9901 | €24 | €2,502 | +€2,478 | +10466.5% |
| Financial income | 75/76B | €3 | €1 | -€2 | -81.0% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -81.0% |
| Financial charges | 65/66B | €1,600 | €1,283 | -€317 | -19.8% |
| Recurring financial charges | 65 | €1,600 | €1,283 | -€317 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,574 | €1,220 | +€2,794 | |
| Income taxes | 67/77 | - | €205 | +€205 | |
| Profit (loss) for the period | 9904 | -€1,574 | €1,015 | +€2,589 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,574 | €1,015 | +€2,589 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.