NEW GARDEN: what changed
Two financial 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.
NEW GARDEN
Largest movements
- Receivables within one year -€2,284
down €2,284 (-63.8%), from €3,579 to €1,295
of which Trade receivables: -€1,614
- Tangible fixed assets -€565
down €565 (-65.0%), from €869 to €304
- Cash -€528
down €528 (-1.9%), from €27,394 to €26,865
mainly Other debts (-€6,952) and Accrued charges and deferred income (-€601)
- Other debts -€6,952
down €6,952 (-63.3%), from €10,978 to €4,026
- Profit (loss) carried forward +€3,594
up €3,594 (+22.8%), from -€15,759 to -€12,165
- Tax, wage and social debts +€788
up €788 (+11.6%), from €6,823 to €7,611
of which Remuneration and social security: +€622
- Accrued charges and deferred income -€601
down €601 (-100.0%), from €601 to €0
- Staff costs +€11,817
up €11,817 (+81.9%), from €14,426 to €26,242
- Gross operating margin +€2,982
up €2,982 (+10.1%), from €29,588 to €32,570
- Depreciation -€1,328
down €1,328 (-70.2%), from €1,893 to €565
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.
Derived cash bridge
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 | €36,715 | €33,381 | -€3,335 | -9.1% |
| Fixed assets | 21/28 | €4,469 | €3,904 | -€565 | -12.6% |
| Tangible fixed assets | 22/27 | €869 | €304 | -€565 | -65.0% |
| Plant, machinery and equipment | 23 | €869 | €304 | -€565 | -65.0% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €32,246 | €29,477 | -€2,770 | -8.6% |
| Stocks and contracts in progress | 3 | €1,225 | €1,266 | +€41 | +3.3% |
| Stocks | 30/36 | €1,225 | €1,266 | +€41 | +3.3% |
| Amounts receivable within one year | 40/41 | €3,579 | €1,295 | -€2,284 | -63.8% |
| Trade receivables | 40 | €2,894 | €1,280 | -€1,614 | -55.8% |
| Other amounts receivable | 41 | €685 | €15 | -€669 | -97.8% |
| Cash at bank and in hand | 54/58 | €27,394 | €26,865 | -€528 | -1.9% |
| Deferred charges and accrued income | 490/1 | €49 | €51 | +€2 | +3.4% |
| Total equity and liabilities | 10/49 | €36,715 | €33,381 | -€3,335 | -9.1% |
| Equity | 10/15 | €15,868 | €19,462 | +€3,594 | +22.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,227 | €19,227 | = | 0.0% |
| Distributable reserves | 133 | €19,227 | €19,227 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,759 | -€12,165 | +€3,594 | +22.8% |
| Amounts payable | 17/49 | €20,848 | €13,918 | -€6,929 | -33.2% |
| Amounts payable within one year | 42/48 | €20,246 | €13,918 | -€6,328 | -31.3% |
| Trade debts | 44 | €2,445 | €2,281 | -€164 | -6.7% |
| Suppliers | 440/4 | €2,445 | €2,281 | -€164 | -6.7% |
| Taxes, remuneration and social security | 45 | €6,823 | €7,611 | +€788 | +11.6% |
| Taxes | 450/3 | €1,011 | €1,177 | +€167 | +16.5% |
| Remuneration and social security | 454/9 | €5,813 | €6,434 | +€622 | +10.7% |
| Other amounts payable | 47/48 | €10,978 | €4,026 | -€6,952 | -63.3% |
| Accrued charges and deferred income | 492/3 | €601 | €0 | -€601 | -100.0% |
| Remuneration, social security and pensions | 62 | €14,426 | €26,242 | +€11,817 | +81.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,893 | €565 | -€1,328 | -70.2% |
| Other operating charges | 640/8 | €1,037 | €1,287 | +€250 | +24.1% |
| Gross operating margin | 9900 | €29,588 | €32,570 | +€2,982 | +10.1% |
| Operating profit (loss) | 9901 | €12,232 | €4,475 | -€7,757 | -63.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -68.6% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -68.6% |
| Financial charges | 65/66B | €982 | €740 | -€242 | -24.6% |
| Recurring financial charges | 65 | €982 | €740 | -€242 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €11,251 | €3,735 | -€7,515 | -66.8% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €11,111 | €3,594 | -€7,517 | -67.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,111 | €3,594 | -€7,517 | -67.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.