DAENE TUINTEAM: 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.
DAENE TUINTEAM
Largest movements
- Cash -€105,464
down €105,464 (-65.8%), from €160,346 to €54,882
mainly Current investments (-€59,337) and Contributions, distributions and other (-€44,375)
- Current investments +€59,337
new in 2025: €59,337
- Receivables within one year +€29,151
up €29,151 (+60.6%), from €48,087 to €77,238
of which Trade receivables: +€23,283
- Tangible fixed assets -€19,081
down €19,081 (-6.8%), from €280,948 to €261,867
of which Furniture and vehicles: -€18,512
- Debts after one year -€12,787
down €12,787 (-51.2%), from €24,973 to €12,186
- Tax, wage and social debts -€8,750
down €8,750 (-46.4%), from €18,864 to €10,113
of which Taxes: -€5,385
- Current portion of long-term debt -€5,617
down €5,617 (-30.5%), from €18,404 to €12,787
- Accrued charges and deferred income -€5,250
no longer reported in 2025 (was €5,250)
- Gross operating margin -€89,921
down €89,921 (-28.0%), from €321,084 to €231,163
- Staff costs -€59,753
down €59,753 (-32.6%), from €183,441 to €123,688
- Taxes -€8,103
down €8,103 (-31.2%), from €25,992 to €17,889
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.
Cash bridge derived
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 | €496,334 | €460,237 | -€36,097 | -7.3% |
| Fixed assets | 21/28 | €281,123 | €262,042 | -€19,081 | -6.8% |
| Tangible fixed assets | 22/27 | €280,948 | €261,867 | -€19,081 | -6.8% |
| Land and buildings | 22 | €192,815 | €180,571 | -€12,244 | -6.4% |
| Plant, machinery and equipment | 23 | €13,856 | €26,348 | +€12,492 | +90.2% |
| Furniture and vehicles | 24 | €71,009 | €52,497 | -€18,512 | -26.1% |
| Other tangible fixed assets | 26 | €3,267 | €2,451 | -€817 | -25.0% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €215,211 | €198,195 | -€17,016 | -7.9% |
| Stocks and contracts in progress | 3 | €5,538 | €4,775 | -€763 | -13.8% |
| Stocks | 30/36 | €5,538 | €4,775 | -€763 | -13.8% |
| Amounts receivable within one year | 40/41 | €48,087 | €77,238 | +€29,151 | +60.6% |
| Trade receivables | 40 | €40,311 | €63,594 | +€23,283 | +57.8% |
| Other amounts receivable | 41 | €7,776 | €13,644 | +€5,868 | +75.5% |
| Current investments | 50/53 | - | €59,337 | +€59,337 | |
| Cash at bank and in hand | 54/58 | €160,346 | €54,882 | -€105,464 | -65.8% |
| Deferred charges and accrued income | 490/1 | €1,240 | €1,963 | +€723 | +58.3% |
| Total equity and liabilities | 10/49 | €496,334 | €460,237 | -€36,097 | -7.3% |
| Equity | 10/15 | €418,018 | €418,481 | +€463 | +0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €411,818 | €412,281 | +€463 | +0.1% |
| Tax-exempt reserves | 132 | €19,737 | €19,737 | = | 0.0% |
| Distributable reserves | 133 | €392,081 | €392,544 | +€463 | +0.1% |
| Amounts payable | 17/49 | €78,316 | €41,756 | -€36,560 | -46.7% |
| Amounts payable after more than one year | 17 | €24,973 | €12,186 | -€12,787 | -51.2% |
| Financial debts | 170/4 | €24,973 | €12,186 | -€12,787 | -51.2% |
| Amounts payable within one year | 42/48 | €48,093 | €29,570 | -€18,523 | -38.5% |
| Current portion of amounts payable after more than one year | 42 | €18,404 | €12,787 | -€5,617 | -30.5% |
| Trade debts | 44 | €9,965 | €6,670 | -€3,295 | -33.1% |
| Suppliers | 440/4 | €9,965 | €6,670 | -€3,295 | -33.1% |
| Taxes, remuneration and social security | 45 | €18,864 | €10,113 | -€8,750 | -46.4% |
| Taxes | 450/3 | €6,647 | €1,262 | -€5,385 | -81.0% |
| Remuneration and social security | 454/9 | €12,216 | €8,851 | -€3,365 | -27.5% |
| Other amounts payable | 47/48 | €861 | - | -€861 | |
| Accrued charges and deferred income | 492/3 | €5,250 | - | -€5,250 | |
| Remuneration, social security and pensions | 62 | €183,441 | €123,688 | -€59,753 | -32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,932 | €35,696 | +€1,764 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €421 | +€421 | |
| Other operating charges | 640/8 | €8,212 | €9,403 | +€1,191 | +14.5% |
| Non-recurring operating charges | 66A | €161 | - | -€161 | |
| Gross operating margin | 9900 | €321,084 | €231,163 | -€89,921 | -28.0% |
| Operating profit (loss) | 9901 | €95,338 | €61,955 | -€33,383 | -35.0% |
| Financial income | 75/76B | €686 | €3,699 | +€3,013 | +438.9% |
| Recurring financial income | 75 | €686 | €3,699 | +€3,013 | +438.9% |
| Financial charges | 65/66B | €4,215 | €2,927 | -€1,287 | -30.5% |
| Recurring financial charges | 65 | €4,215 | €2,927 | -€1,287 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €91,810 | €62,727 | -€29,083 | -31.7% |
| Income taxes | 67/77 | €25,992 | €17,889 | -€8,103 | -31.2% |
| Profit (loss) for the period | 9904 | €65,817 | €44,838 | -€20,980 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €65,817 | €44,838 | -€20,980 | -31.9% |
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 9 October 2026 via checked.be.