PAJOTE 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.
PAJOTE GARDEN
Largest movements
- Tangible fixed assets +€12,448
up €12,448 (+16.1%), from €77,486 to €89,935
of which Furniture and vehicles: +€7,876
- Receivables within one year -€7,276
down €7,276 (-33.6%), from €21,643 to €14,367
of which Other amounts receivable: -€8,308
- Cash -€5,415
down €5,415 (-90.8%), from €5,965 to €550
mainly Investment in fixed assets (net) (-€16,359) and Trade debts (-€11,387)
- Deferred charges and accrued income +€1,105
up €1,105 (+25.7%), from €4,305 to €5,410
- Trade debts -€11,387
down €11,387 (-70.6%), from €16,139 to €4,752
- Tax, wage and social debts +€10,772
up €10,772 (+81.0%), from €13,293 to €24,065
- Advances received +€6,000
new in 2025: €6,000
- Profit (loss) carried forward -€3,660
down €3,660 (-34.8%), from -€10,506 to -€14,166
- Taxes +€16,834
up €16,834 (+814%), from €2,067 to €18,902
- Staff costs -€15,775
down €15,775 (-72.8%), from €21,665 to €5,890
- Gross operating margin -€7,107
down €7,107 (-20.3%), from €34,986 to €27,880
- Financial income +€5,267
new in 2025: €5,267
- Other operating charges +€5,263
up €5,263 (+234%), from €2,248 to €7,512
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 | €109,558 | €110,421 | +€863 | +0.8% |
| Fixed assets | 21/28 | €77,646 | €90,095 | +€12,448 | +16.0% |
| Tangible fixed assets | 22/27 | €77,486 | €89,935 | +€12,448 | +16.1% |
| Land and buildings | 22 | €74,368 | €74,368 | = | 0.0% |
| Furniture and vehicles | 24 | €3,118 | €10,994 | +€7,876 | +253% |
| Other tangible fixed assets | 26 | - | €4,572 | +€4,572 | |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €31,912 | €20,327 | -€11,585 | -36.3% |
| Amounts receivable within one year | 40/41 | €21,643 | €14,367 | -€7,276 | -33.6% |
| Trade receivables | 40 | €4,131 | €5,163 | +€1,032 | +25.0% |
| Other amounts receivable | 41 | €17,512 | €9,203 | -€8,308 | -47.4% |
| Cash at bank and in hand | 54/58 | €5,965 | €550 | -€5,415 | -90.8% |
| Deferred charges and accrued income | 490/1 | €4,305 | €5,410 | +€1,105 | +25.7% |
| Total equity and liabilities | 10/49 | €109,558 | €110,421 | +€863 | +0.8% |
| Equity | 10/15 | €79,264 | €75,605 | -€3,660 | -4.6% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €19,771 | €19,771 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,771 | €19,771 | +€7,000 | +54.8% |
| Reserves not available under the articles | 1311 | €12,771 | €19,771 | +€7,000 | +54.8% |
| Distributable reserves | 133 | €7,000 | - | -€7,000 | |
| Profit (loss) carried forward | 14 | -€10,506 | -€14,166 | -€3,660 | -34.8% |
| Amounts payable | 17/49 | €30,294 | €34,817 | +€4,523 | +14.9% |
| Amounts payable within one year | 42/48 | €30,294 | €34,817 | +€4,523 | +14.9% |
| Trade debts | 44 | €16,139 | €4,752 | -€11,387 | -70.6% |
| Suppliers | 440/4 | €16,139 | €4,752 | -€11,387 | -70.6% |
| Advances received on contracts in progress | 46 | - | €6,000 | +€6,000 | |
| Taxes, remuneration and social security | 45 | €13,293 | €24,065 | +€10,772 | +81.0% |
| Taxes | 450/3 | €13,293 | €24,065 | +€10,772 | +81.0% |
| Other amounts payable | 47/48 | €862 | - | -€862 | |
| Remuneration, social security and pensions | 62 | €21,665 | €5,890 | -€15,775 | -72.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,878 | €3,911 | +€1,033 | +35.9% |
| Other operating charges | 640/8 | €2,248 | €7,512 | +€5,263 | +234% |
| Gross operating margin | 9900 | €34,986 | €27,880 | -€7,107 | -20.3% |
| Operating profit (loss) | 9901 | €8,195 | €10,567 | +€2,372 | +28.9% |
| Financial income | 75/76B | - | €5,267 | +€5,267 | |
| Recurring financial income | 75 | - | €5,267 | +€5,267 | |
| Financial charges | 65/66B | €269 | €592 | +€323 | +120% |
| Recurring financial charges | 65 | €269 | €592 | +€323 | +120% |
| Profit (loss) for the period before taxes | 9903 | €7,926 | €15,242 | +€7,316 | +92.3% |
| Income taxes | 67/77 | €2,067 | €18,902 | +€16,834 | +814% |
| Profit (loss) for the period | 9904 | €5,858 | -€3,660 | -€9,518 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,858 | -€3,660 | -€9,518 |
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 31 October 2026 via checked.be.