COTTAGE TUINEN: what changed
COTTAGE TUINEN
Largest movements
- Tangible fixed assets -€4,259
down €4,259 (-31.0%), from €13,738 to €9,479
of which Furniture and vehicles: -€3,884
- Receivables within one year -€3,444
no longer reported in 2023 (was €3,444)
- Other debts +€15,851
up €15,851 (+52.2%), from €30,361 to €46,212
- Trade debts -€13,728
down €13,728 (-96.5%), from €14,220 to €492
- Profit (loss) carried forward -€9,028
down €9,028 (-24.3%), from -€37,150 to -€46,178
- Tax, wage and social debts -€1,600
no longer reported in 2023 (was €1,600)
- Short-term financial debts +€714
new in 2023: €714
- Gross operating margin -€3,903
down €3,903 (-663%), from -€589 to -€4,492
- Depreciation -€1,833
down €1,833 (-30.1%), from €6,092 to €4,259
- Staff costs -€695
no longer reported in 2023 (was €695)
- Other operating charges -€163
down €163 (-43.8%), from €372 to €209
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,582 | €9,792 | -€7,790 | -44.3% |
| Fixed assets | 21/28 | €13,763 | €9,504 | -€4,259 | -30.9% |
| Tangible fixed assets | 22/27 | €13,738 | €9,479 | -€4,259 | -31.0% |
| Land and buildings | 22 | €172 | €95 | -€77 | -45.0% |
| Plant, machinery and equipment | 23 | €5,798 | €5,500 | -€298 | -5.1% |
| Furniture and vehicles | 24 | €7,769 | €3,884 | -€3,884 | -50.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €3,819 | €288 | -€3,531 | -92.5% |
| Amounts receivable within one year | 40/41 | €3,444 | - | -€3,444 | |
| Other amounts receivable | 41 | €3,444 | - | -€3,444 | |
| Cash at bank and in hand | 54/58 | €375 | €288 | -€87 | -23.3% |
| Total equity and liabilities | 10/49 | €17,582 | €9,792 | -€7,790 | -44.3% |
| Equity | 10/15 | -€28,598 | -€37,626 | -€9,028 | -31.6% |
| Contributions | 10/11 | €6,693 | €6,693 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,150 | -€46,178 | -€9,028 | -24.3% |
| Amounts payable | 17/49 | €46,180 | €47,418 | +€1,238 | +2.7% |
| Amounts payable within one year | 42/48 | €46,180 | €47,418 | +€1,238 | +2.7% |
| Financial debts | 43 | - | €714 | +€714 | |
| Credit institutions | 430/8 | - | €714 | +€714 | |
| Trade debts | 44 | €14,220 | €492 | -€13,728 | -96.5% |
| Suppliers | 440/4 | €14,220 | €492 | -€13,728 | -96.5% |
| Taxes, remuneration and social security | 45 | €1,600 | - | -€1,600 | |
| Taxes | 450/3 | €1,600 | - | -€1,600 | |
| Other amounts payable | 47/48 | €30,361 | €46,212 | +€15,851 | +52.2% |
| Remuneration, social security and pensions | 62 | €695 | - | -€695 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,092 | €4,259 | -€1,833 | -30.1% |
| Other operating charges | 640/8 | €372 | €209 | -€163 | -43.8% |
| Gross operating margin | 9900 | -€589 | -€4,492 | -€3,903 | -663% |
| Operating profit (loss) | 9901 | -€7,748 | -€8,960 | -€1,212 | -15.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €66 | €68 | +€2 | +3.2% |
| Recurring financial charges | 65 | €66 | €68 | +€2 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,814 | -€9,028 | -€1,214 | -15.5% |
| Profit (loss) for the period | 9904 | -€7,814 | -€9,028 | -€1,214 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,814 | -€9,028 | -€1,214 | -15.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.