AVB-TUINEN: 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.
AVB-TUINEN
Largest movements
- Current investments +€15,789
new in 2025: €15,789
- Cash -€12,712
no longer reported in 2025 (was €12,712)
mainly Investment in fixed assets (net) (-€85,987) and Trade debts (-€36,767)
- Other debts +€53,650
up €53,650 (+358%), from €15,000 to €68,650
- Trade debts -€36,767
down €36,767 (-38.3%), from €96,082 to €59,315
- Debts after one year -€34,365
down €34,365 (-4.0%), from €869,316 to €834,951
- Reserves +€22,560
up €22,560 (+11.1%), from €203,728 to €226,288
of which Distributable reserves: +€22,560
- Gross operating margin +€36,845
up €36,845 (+28.9%), from €127,466 to €164,311
- Depreciation +€13,289
up €13,289 (+21.6%), from €61,659 to €74,948
- Financial charges +€11,077
up €11,077 (+50.0%), from €22,175 to €33,252
- Financial income -€6,130
down €6,130 (-89.4%), from €6,855 to €725
- Taxes -€3,816
down €3,816 (-20.1%), from €19,031 to €15,215
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 | €1,247,320 | €1,244,839 | -€2,481 | -0.2% |
| Fixed assets | 21/28 | €1,185,655 | €1,196,693 | +€11,038 | +0.9% |
| Intangible fixed assets | 21 | €200 | - | -€200 | |
| Tangible fixed assets | 22/27 | €1,185,455 | €1,196,693 | +€11,238 | +0.9% |
| Land and buildings | 22 | €1,120,584 | €1,082,476 | -€38,108 | -3.4% |
| Plant, machinery and equipment | 23 | €32,628 | €44,963 | +€12,335 | +37.8% |
| Furniture and vehicles | 24 | €32,243 | €69,255 | +€37,012 | +115% |
| Current assets | 29/58 | €61,665 | €48,146 | -€13,519 | -21.9% |
| Amounts receivable within one year | 40/41 | €42,953 | €32,357 | -€10,596 | -24.7% |
| Trade receivables | 40 | €38,792 | €32,357 | -€6,435 | -16.6% |
| Other amounts receivable | 41 | €4,161 | - | -€4,161 | |
| Current investments | 50/53 | - | €15,789 | +€15,789 | |
| Cash at bank and in hand | 54/58 | €12,712 | - | -€12,712 | |
| Deferred charges and accrued income | 490/1 | €6,000 | - | -€6,000 | |
| Total equity and liabilities | 10/49 | €1,247,320 | €1,244,839 | -€2,481 | -0.2% |
| Equity | 10/15 | €222,328 | €244,888 | +€22,560 | +10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €203,728 | €226,288 | +€22,560 | +11.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €201,868 | €224,428 | +€22,560 | +11.2% |
| Amounts payable | 17/49 | €1,024,992 | €999,951 | -€25,041 | -2.4% |
| Amounts payable after more than one year | 17 | €869,316 | €834,951 | -€34,365 | -4.0% |
| Financial debts | 170/4 | €869,316 | €834,951 | -€34,365 | -4.0% |
| Amounts payable within one year | 42/48 | €155,676 | €162,330 | +€6,654 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €33,126 | €34,365 | +€1,239 | +3.7% |
| Trade debts | 44 | €96,082 | €59,315 | -€36,767 | -38.3% |
| Suppliers | 440/4 | €96,082 | €59,315 | -€36,767 | -38.3% |
| Taxes, remuneration and social security | 45 | €11,468 | - | -€11,468 | |
| Taxes | 450/3 | €11,468 | - | -€11,468 | |
| Other amounts payable | 47/48 | €15,000 | €68,650 | +€53,650 | +358% |
| Accrued charges and deferred income | 492/3 | - | €2,670 | +€2,670 | |
| Remuneration, social security and pensions | 62 | €17,596 | €14,031 | -€3,565 | -20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,659 | €74,948 | +€13,289 | +21.6% |
| Other operating charges | 640/8 | €2,072 | €5,031 | +€2,959 | +143% |
| Gross operating margin | 9900 | €127,466 | €164,311 | +€36,845 | +28.9% |
| Operating profit (loss) | 9901 | €46,139 | €70,301 | +€24,162 | +52.4% |
| Financial income | 75/76B | €6,855 | €725 | -€6,130 | -89.4% |
| Recurring financial income | 75 | €6,855 | €725 | -€6,130 | -89.4% |
| Financial charges | 65/66B | €22,175 | €33,252 | +€11,077 | +50.0% |
| Recurring financial charges | 65 | €22,175 | €33,252 | +€11,077 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €30,819 | €37,774 | +€6,955 | +22.6% |
| Income taxes | 67/77 | €19,031 | €15,215 | -€3,816 | -20.1% |
| Profit (loss) for the period | 9904 | €11,788 | €22,560 | +€10,772 | +91.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,788 | €22,560 | +€10,772 | +91.4% |
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.