POOL GARDEN DESIGN: 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.
POOL GARDEN DESIGN
Largest movements
- Receivables within one year +€122,118
up €122,118 (+148%), from €82,475 to €204,592
of which Trade receivables: +€124,150
- Reserves +€105,568
up €105,568 (+53.6%), from €196,995 to €302,562
- Debts after one year -€99,957
down €99,957 (-7.8%), from €1.3m to €1.2m
- Tax, wage and social debts +€69,522
up €69,522 (+1,545%), from €4,500 to €74,022
- Current portion of long-term debt +€57,224
up €57,224 (+85.7%), from €66,795 to €124,019
- Accrued charges and deferred income +€35,593
new in 2025: €35,593
- Gross operating margin +€168,882
up €168,882 (+170%), from €99,298 to €268,180
- Financial charges +€44,909
up €44,909 (+202%), from €22,201 to €67,111
- Taxes +€39,631
up €39,631 (+1,335%), from €2,968 to €42,598
- Depreciation -€17,649
down €17,649 (-26.4%), from €66,801 to €49,152
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 | €1,895,068 | €2,040,882 | +€145,815 | +7.7% |
| Fixed assets | 21/28 | €1,812,593 | €1,821,952 | +€9,359 | +0.5% |
| Intangible fixed assets | 21 | €248 | €248 | = | 0.0% |
| Tangible fixed assets | 22/27 | €852,345 | €861,704 | +€9,359 | +1.1% |
| Land and buildings | 22 | €850,304 | €859,172 | +€8,867 | +1.0% |
| Plant, machinery and equipment | 23 | €2,041 | €1,214 | -€826 | -40.5% |
| Furniture and vehicles | 24 | - | €1,318 | +€1,318 | |
| Financial fixed assets | 28 | €960,000 | €960,000 | = | 0.0% |
| Current assets | 29/58 | €82,475 | €218,931 | +€136,456 | +165% |
| Amounts receivable within one year | 40/41 | €82,475 | €204,592 | +€122,118 | +148% |
| Trade receivables | 40 | €80,442 | €204,592 | +€124,150 | +154% |
| Other amounts receivable | 41 | €2,032 | - | -€2,032 | |
| Cash at bank and in hand | 54/58 | - | €14,338 | +€14,338 | |
| Total equity and liabilities | 10/49 | €1,895,068 | €2,040,882 | +€145,815 | +7.7% |
| Equity | 10/15 | €215,595 | €321,162 | +€105,568 | +49.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €196,995 | €302,562 | +€105,568 | +53.6% |
| Distributable reserves | 133 | €196,995 | €302,562 | +€105,568 | +53.6% |
| Amounts payable | 17/49 | €1,679,473 | €1,719,720 | +€40,247 | +2.4% |
| Amounts payable after more than one year | 17 | €1,283,278 | €1,183,322 | -€99,957 | -7.8% |
| Financial debts | 170/4 | €1,283,278 | €1,183,322 | -€99,957 | -7.8% |
| Amounts payable within one year | 42/48 | €396,195 | €500,806 | +€104,611 | +26.4% |
| Current portion of amounts payable after more than one year | 42 | €66,795 | €124,019 | +€57,224 | +85.7% |
| Financial debts | 43 | €42,069 | €14,639 | -€27,430 | -65.2% |
| Credit institutions | 430/8 | €42,069 | €14,639 | -€27,430 | -65.2% |
| Trade debts | 44 | €25,781 | €9,262 | -€16,519 | -64.1% |
| Suppliers | 440/4 | €25,781 | €9,262 | -€16,519 | -64.1% |
| Taxes, remuneration and social security | 45 | €4,500 | €74,022 | +€69,522 | +1,545% |
| Taxes | 450/3 | €4,500 | €74,022 | +€69,522 | +1,545% |
| Other amounts payable | 47/48 | €257,049 | €278,863 | +€21,813 | +8.5% |
| Accrued charges and deferred income | 492/3 | - | €35,593 | +€35,593 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,801 | €49,152 | -€17,649 | -26.4% |
| Other operating charges | 640/8 | €2,759 | €3,751 | +€992 | +36.0% |
| Gross operating margin | 9900 | €99,298 | €268,180 | +€168,882 | +170% |
| Operating profit (loss) | 9901 | €29,738 | €215,277 | +€185,538 | +624% |
| Financial charges | 65/66B | €22,201 | €67,111 | +€44,909 | +202% |
| Recurring financial charges | 65 | €22,201 | €67,111 | +€44,909 | +202% |
| Profit (loss) for the period before taxes | 9903 | €7,537 | €148,166 | +€140,629 | +1,866% |
| Income taxes | 67/77 | €2,968 | €42,598 | +€39,631 | +1,335% |
| Profit (loss) for the period | 9904 | €4,570 | €105,568 | +€100,998 | +2,210% |
| Profit (loss) for the period to be appropriated | 9905 | €4,570 | €105,568 | +€100,998 | +2,210% |
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.