BRAM 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.
BRAM TUINEN
Largest movements
- Receivables within one year -€25,126
down €25,126 (-58.1%), from €43,215 to €18,089
of which Trade receivables: -€23,673
- Cash +€11,267
up €11,267 (+272%), from €4,137 to €15,404
mainly Other debts (+€26,114) and Receivables within one year (+€25,126)
- Tangible fixed assets +€10,182
up €10,182 (+42.6%), from €23,898 to €34,080
of which Furniture and vehicles: +€17,081
- Trade debts -€61,711
down €61,711 (-92.7%), from €66,540 to €4,829
- Other debts +€26,114
new in 2025: €26,114
- Profit (loss) carried forward +€23,419
up €23,419 (+83.8%), from -€27,945 to -€4,527
- Short-term financial debts +€7,500
new in 2025: €7,500
- Tax, wage and social debts +€5,968
up €5,968 (+149%), from €4,006 to €9,975
- Gross operating margin +€17,049
up €17,049 (+43.8%), from €38,889 to €55,939
- Taxes +€14,614
new in 2025: €14,614
- Financial charges -€14,531
down €14,531 (-74.1%), from €19,607 to €5,075
- Depreciation +€1,956
up €1,956 (+23.9%), from €8,195 to €10,151
- Other operating charges -€1,151
down €1,151 (-29.9%), from €3,849 to €2,698
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 | €72,342 | €67,819 | -€4,524 | -6.3% |
| Fixed assets | 21/28 | €24,612 | €34,080 | +€9,468 | +38.5% |
| Intangible fixed assets | 21 | €714 | - | -€714 | |
| Tangible fixed assets | 22/27 | €23,898 | €34,080 | +€10,182 | +42.6% |
| Plant, machinery and equipment | 23 | €1,843 | €1,612 | -€232 | -12.6% |
| Furniture and vehicles | 24 | - | €17,081 | +€17,081 | |
| Leasing and similar rights | 25 | €22,054 | €15,387 | -€6,668 | -30.2% |
| Current assets | 29/58 | €47,730 | €33,739 | -€13,992 | -29.3% |
| Amounts receivable within one year | 40/41 | €43,215 | €18,089 | -€25,126 | -58.1% |
| Trade receivables | 40 | €37,278 | €13,605 | -€23,673 | -63.5% |
| Other amounts receivable | 41 | €5,937 | €4,484 | -€1,453 | -24.5% |
| Cash at bank and in hand | 54/58 | €4,137 | €15,404 | +€11,267 | +272% |
| Deferred charges and accrued income | 490/1 | €379 | €246 | -€133 | -35.1% |
| Total equity and liabilities | 10/49 | €72,342 | €67,819 | -€4,524 | -6.3% |
| Equity | 10/15 | -€21,745 | €1,673 | +€23,419 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,945 | -€4,527 | +€23,419 | +83.8% |
| Amounts payable | 17/49 | €94,088 | €66,145 | -€27,942 | -29.7% |
| Amounts payable after more than one year | 17 | €17,650 | €11,929 | -€5,721 | -32.4% |
| Financial debts | 170/4 | €17,650 | €11,929 | -€5,721 | -32.4% |
| Amounts payable within one year | 42/48 | €75,269 | €52,203 | -€23,066 | -30.6% |
| Current portion of amounts payable after more than one year | 42 | €4,722 | €3,785 | -€937 | -19.8% |
| Financial debts | 43 | - | €7,500 | +€7,500 | |
| Other loans | 439 | - | €7,500 | +€7,500 | |
| Trade debts | 44 | €66,540 | €4,829 | -€61,711 | -92.7% |
| Suppliers | 440/4 | €66,540 | €4,829 | -€61,711 | -92.7% |
| Taxes, remuneration and social security | 45 | €4,006 | €9,975 | +€5,968 | +149% |
| Taxes | 450/3 | €4,006 | €9,975 | +€5,968 | +149% |
| Other amounts payable | 47/48 | - | €26,114 | +€26,114 | |
| Accrued charges and deferred income | 492/3 | €1,169 | €2,014 | +€845 | +72.2% |
| Non-recurring operating income | 76A | €22,389 | - | -€22,389 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,195 | €10,151 | +€1,956 | +23.9% |
| Other operating charges | 640/8 | €3,849 | €2,698 | -€1,151 | -29.9% |
| Gross operating margin | 9900 | €38,889 | €55,939 | +€17,049 | +43.8% |
| Operating profit (loss) | 9901 | €26,845 | €43,089 | +€16,244 | +60.5% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €19,607 | €5,075 | -€14,531 | -74.1% |
| Recurring financial charges | 65 | €19,607 | €5,075 | -€14,531 | -74.1% |
| Profit (loss) for the period before taxes | 9903 | €7,239 | €38,033 | +€30,794 | +425% |
| Income taxes | 67/77 | - | €14,614 | +€14,614 | |
| Profit (loss) for the period | 9904 | €7,239 | €23,419 | +€16,180 | +224% |
| Profit (loss) for the period to be appropriated | 9905 | €7,239 | €23,419 | +€16,180 | +224% |
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.