NEW GARDENS: 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 GARDENS
Largest movements
- Receivables within one year +€17,884
up €17,884 (+95.8%), from €18,673 to €36,557
of which Trade receivables: +€13,608
- Cash -€7,188
down €7,188 (-71.0%), from €10,127 to €2,939
mainly Receivables within one year (-€17,884) and Contributions, distributions and other (-€7,000)
- Tangible fixed assets -€3,689
down €3,689 (-50.1%), from €7,368 to €3,679
of which Furniture and vehicles: -€2,015
- Reserves +€3,566
up €3,566 (+15.3%), from €23,244 to €26,810
- Tax, wage and social debts +€2,230
up €2,230 (+43.4%), from €5,135 to €7,365
of which Taxes: +€1,530
- Other debts +€2,000
up €2,000 (+40.0%), from €5,000 to €7,000
- Trade debts -€789
no longer reported in 2025 (was €789)
- Turnover +€21,848
up €21,848 (+41.3%), from €52,860 to €74,708
- Purchases and services +€20,437
up €20,437 (+54.9%), from €37,240 to €57,677
- Depreciation -€2,054
down €2,054 (-30.1%), from €6,819 to €4,765
- Gross operating margin +€1,686
up €1,686 (+9.4%), from €17,923 to €19,609
- Other operating charges +€1,208
up €1,208 (+147%), from €822 to €2,030
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 | €36,168 | €43,175 | +€7,007 | +19.4% |
| Fixed assets | 21/28 | €7,368 | €3,679 | -€3,689 | -50.1% |
| Tangible fixed assets | 22/27 | €7,368 | €3,679 | -€3,689 | -50.1% |
| Plant, machinery and equipment | 23 | €3,834 | €2,160 | -€1,674 | -43.7% |
| Furniture and vehicles | 24 | €3,534 | €1,519 | -€2,015 | -57.0% |
| Current assets | 29/58 | €28,800 | €39,496 | +€10,696 | +37.1% |
| Amounts receivable within one year | 40/41 | €18,673 | €36,557 | +€17,884 | +95.8% |
| Trade receivables | 40 | €5,900 | €19,508 | +€13,608 | +231% |
| Other amounts receivable | 41 | €12,773 | €17,049 | +€4,276 | +33.5% |
| Cash at bank and in hand | 54/58 | €10,127 | €2,939 | -€7,188 | -71.0% |
| Total equity and liabilities | 10/49 | €36,168 | €43,175 | +€7,007 | +19.4% |
| Equity | 10/15 | €25,244 | €28,810 | +€3,566 | +14.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €23,244 | €26,810 | +€3,566 | +15.3% |
| Distributable reserves | 133 | €23,244 | €26,810 | +€3,566 | +15.3% |
| Amounts payable | 17/49 | €10,924 | €14,365 | +€3,441 | +31.5% |
| Amounts payable within one year | 42/48 | €10,924 | €14,365 | +€3,441 | +31.5% |
| Trade debts | 44 | €789 | - | -€789 | |
| Suppliers | 440/4 | €789 | - | -€789 | |
| Taxes, remuneration and social security | 45 | €5,135 | €7,365 | +€2,230 | +43.4% |
| Taxes | 450/3 | €5,135 | €6,665 | +€1,530 | +29.8% |
| Remuneration and social security | 454/9 | - | €700 | +€700 | |
| Other amounts payable | 47/48 | €5,000 | €7,000 | +€2,000 | +40.0% |
| Turnover | 70 | €52,860 | €74,708 | +€21,848 | +41.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €37,240 | €57,677 | +€20,437 | +54.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,819 | €4,765 | -€2,054 | -30.1% |
| Other operating charges | 640/8 | €822 | €2,030 | +€1,208 | +147% |
| Gross operating margin | 9900 | €17,923 | €19,609 | +€1,686 | +9.4% |
| Operating profit (loss) | 9901 | €10,281 | €12,813 | +€2,532 | +24.6% |
| Financial charges | 65/66B | €330 | €350 | +€20 | +6.1% |
| Recurring financial charges | 65 | €330 | €350 | +€20 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €9,951 | €12,463 | +€2,512 | +25.2% |
| Income taxes | 67/77 | €1,639 | €1,897 | +€259 | +15.8% |
| Profit (loss) for the period | 9904 | €8,313 | €10,566 | +€2,253 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,313 | €10,566 | +€2,253 | +27.1% |
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 29 October 2026 via checked.be.