OR Espaces Verts: 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.
OR Espaces Verts
Largest movements
- Cash +€88,123
up €88,123 (+51.3%), from €171,789 to €259,912
mainly Other debts (+€76,055) and Net result for the year (+€69,778)
- Tangible fixed assets +€24,012
up €24,012 (+29.6%), from €81,155 to €105,167
of which Furniture and vehicles: +€27,497
- Receivables within one year +€13,787
up €13,787 (+24.2%), from €56,911 to €70,698
of which Trade receivables: +€7,158
- Other debts +€76,055
up €76,055 (+1,328%), from €5,726 to €81,781
- Debts after one year +€26,932
up €26,932, from €0 to €26,932
- Tax, wage and social debts +€15,397
up €15,397 (+71.6%), from €21,503 to €36,901
of which Remuneration and social security: +€9,276
- Current portion of long-term debt +€9,245
up €9,245 (+723%), from €1,279 to €10,524
- Reserves -€6,557
down €6,557 (-2.5%), from €266,931 to €260,374
- Gross operating margin -€49,602
down €49,602 (-14.7%), from €337,174 to €287,572
- Taxes -€20,438
down €20,438 (-46.5%), from €43,961 to €23,523
- Depreciation +€8,337
up €8,337 (+36.4%), from €22,916 to €31,253
- Other operating charges +€5,408
up €5,408 (+258%), from €2,093 to €7,501
- Staff costs -€3,673
down €3,673 (-2.3%), from €156,464 to €152,790
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 | €325,594 | €448,935 | +€123,340 | +37.9% |
| Fixed assets | 21/28 | €81,205 | €105,217 | +€24,012 | +29.6% |
| Tangible fixed assets | 22/27 | €81,155 | €105,167 | +€24,012 | +29.6% |
| Plant, machinery and equipment | 23 | €13,376 | €8,595 | -€4,781 | -35.7% |
| Furniture and vehicles | 24 | €49,533 | €77,030 | +€27,497 | +55.5% |
| Other tangible fixed assets | 26 | €18,246 | €19,542 | +€1,296 | +7.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €244,389 | €343,718 | +€99,328 | +40.6% |
| Stocks and contracts in progress | 3 | €3,000 | €2,500 | -€500 | -16.7% |
| Stocks | 30/36 | €3,000 | €2,500 | -€500 | -16.7% |
| Amounts receivable within one year | 40/41 | €56,911 | €70,698 | +€13,787 | +24.2% |
| Trade receivables | 40 | €53,040 | €60,198 | +€7,158 | +13.5% |
| Other amounts receivable | 41 | €3,871 | €10,500 | +€6,629 | +171% |
| Cash at bank and in hand | 54/58 | €171,789 | €259,912 | +€88,123 | +51.3% |
| Deferred charges and accrued income | 490/1 | €12,689 | €10,607 | -€2,082 | -16.4% |
| Total equity and liabilities | 10/49 | €325,594 | €448,935 | +€123,340 | +37.9% |
| Equity | 10/15 | €285,531 | €278,974 | -€6,557 | -2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €266,931 | €260,374 | -€6,557 | -2.5% |
| Distributable reserves | 133 | €266,931 | €260,374 | -€6,557 | -2.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €40,063 | €169,961 | +€129,897 | +324% |
| Amounts payable after more than one year | 17 | €0 | €26,932 | +€26,932 | |
| Financial debts | 170/4 | €0 | €26,932 | +€26,932 | |
| Amounts payable within one year | 42/48 | €40,063 | €142,268 | +€102,205 | +255% |
| Current portion of amounts payable after more than one year | 42 | €1,279 | €10,524 | +€9,245 | +723% |
| Trade debts | 44 | €11,555 | €13,062 | +€1,507 | +13.0% |
| Suppliers | 440/4 | €11,555 | €13,062 | +€1,507 | +13.0% |
| Taxes, remuneration and social security | 45 | €21,503 | €36,901 | +€15,397 | +71.6% |
| Taxes | 450/3 | €6,212 | €12,334 | +€6,122 | +98.5% |
| Remuneration and social security | 454/9 | €15,291 | €24,567 | +€9,276 | +60.7% |
| Other amounts payable | 47/48 | €5,726 | €81,781 | +€76,055 | +1,328% |
| Accrued charges and deferred income | 492/3 | €0 | €760 | +€760 | |
| Non-recurring operating income | 76A | €8,570 | €0 | -€8,570 | -100% |
| Remuneration, social security and pensions | 62 | €156,464 | €152,790 | -€3,673 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,916 | €31,253 | +€8,337 | +36.4% |
| Other operating charges | 640/8 | €2,093 | €7,501 | +€5,408 | +258% |
| Gross operating margin | 9900 | €337,174 | €287,572 | -€49,602 | -14.7% |
| Operating profit (loss) | 9901 | €155,701 | €96,028 | -€59,674 | -38.3% |
| Financial income | 75/76B | €248 | €98 | -€150 | -60.5% |
| Recurring financial income | 75 | €248 | €98 | -€150 | -60.5% |
| Financial charges | 65/66B | €1,914 | €2,824 | +€910 | +47.5% |
| Recurring financial charges | 65 | €1,914 | €2,824 | +€910 | +47.5% |
| Profit (loss) for the period before taxes | 9903 | €154,035 | €93,302 | -€60,733 | -39.4% |
| Income taxes | 67/77 | €43,961 | €23,523 | -€20,438 | -46.5% |
| Profit (loss) for the period | 9904 | €110,074 | €69,778 | -€40,295 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €110,074 | €69,778 | -€40,295 | -36.6% |
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 16 October 2026 via checked.be.