DE TUINVRIEND HDS: what changed
DE TUINVRIEND HDS
Largest movements
- Receivables within one year -€245,718
down €245,718 (-26.7%), from €921,622 to €675,904
of which Other amounts receivable: -€257,001
- Stocks and contracts +€52,042
up €52,042 (+14.1%), from €370,087 to €422,129
- Tangible fixed assets -€51,325
down €51,325 (-29.7%), from €172,788 to €121,463
- Cash -€33,561
down €33,561 (-11.0%), from €303,796 to €270,235
mainly Contributions, distributions and other (-€322,900) and Stocks and contracts (-€52,042)
- Reserves -€139,669
down €139,669 (-19.1%), from €729,572 to €589,903
of which Distributable reserves: -€139,669
- Trade debts -€47,393
down €47,393 (-60.5%), from €78,305 to €30,912
- Current portion of long-term debt -€31,841
down €31,841 (-50.1%), from €63,524 to €31,683
- Other debts -€31,384
down €31,384 (-50.8%), from €61,750 to €30,366
- Tax, wage and social debts -€21,615
down €21,615 (-13.0%), from €166,754 to €145,139
of which Taxes: -€21,421
- Financial income -€17,215
down €17,215 (-41.5%), from €41,453 to €24,238
- Taxes -€11,944
down €11,944 (-13.0%), from €91,921 to €79,977
- Staff costs +€11,495
up €11,495 (+6.0%), from €191,644 to €203,139
- Gross operating margin -€6,829
down €6,829 (-1.3%), from €512,733 to €505,904
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,768,294 | €1,491,376 | -€276,918 | -15.7% |
| Fixed assets | 21/28 | €172,788 | €121,463 | -€51,325 | -29.7% |
| Tangible fixed assets | 22/27 | €172,788 | €121,463 | -€51,325 | -29.7% |
| Land and buildings | 22 | €90,316 | €66,651 | -€23,666 | -26.2% |
| Plant, machinery and equipment | 23 | €58,531 | €38,575 | -€19,956 | -34.1% |
| Furniture and vehicles | 24 | €23,832 | €16,156 | -€7,676 | -32.2% |
| Other tangible fixed assets | 26 | €109 | €82 | -€27 | -25.0% |
| Current assets | 29/58 | €1,595,505 | €1,369,913 | -€225,593 | -14.1% |
| Stocks and contracts in progress | 3 | €370,087 | €422,129 | +€52,042 | +14.1% |
| Stocks | 30/36 | €370,087 | €422,129 | +€52,042 | +14.1% |
| Amounts receivable within one year | 40/41 | €921,622 | €675,904 | -€245,718 | -26.7% |
| Trade receivables | 40 | €27,336 | €38,618 | +€11,282 | +41.3% |
| Other amounts receivable | 41 | €894,286 | €637,286 | -€257,001 | -28.7% |
| Cash at bank and in hand | 54/58 | €303,796 | €270,235 | -€33,561 | -11.0% |
| Deferred charges and accrued income | 490/1 | - | €1,644 | +€1,644 | |
| Total equity and liabilities | 10/49 | €1,768,294 | €1,491,376 | -€276,918 | -15.7% |
| Equity | 10/15 | €1,392,945 | €1,253,276 | -€139,669 | -10.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €729,572 | €589,903 | -€139,669 | -19.1% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €723,375 | €583,706 | -€139,669 | -19.3% |
| Profit (loss) carried forward | 14 | €601,399 | €601,399 | = | 0.0% |
| Amounts payable | 17/49 | €375,349 | €238,100 | -€137,249 | -36.6% |
| Amounts payable after more than one year | 17 | €5,016 | - | -€5,016 | |
| Financial debts | 170/4 | €5,016 | - | -€5,016 | |
| Amounts payable within one year | 42/48 | €370,333 | €238,100 | -€132,233 | -35.7% |
| Current portion of amounts payable after more than one year | 42 | €63,524 | €31,683 | -€31,841 | -50.1% |
| Trade debts | 44 | €78,305 | €30,912 | -€47,393 | -60.5% |
| Suppliers | 440/4 | €78,305 | €30,912 | -€47,393 | -60.5% |
| Taxes, remuneration and social security | 45 | €166,754 | €145,139 | -€21,615 | -13.0% |
| Taxes | 450/3 | €136,946 | €115,526 | -€21,421 | -15.6% |
| Remuneration and social security | 454/9 | €29,808 | €29,613 | -€194 | -0.7% |
| Other amounts payable | 47/48 | €61,750 | €30,366 | -€31,384 | -50.8% |
| Remuneration, social security and pensions | 62 | €191,644 | €203,139 | +€11,495 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,705 | €51,325 | -€3,380 | -6.2% |
| Other operating charges | 640/8 | €5,735 | €4,974 | -€761 | -13.3% |
| Non-recurring operating charges | 66A | - | €2,080 | +€2,080 | |
| Gross operating margin | 9900 | €512,733 | €505,904 | -€6,829 | -1.3% |
| Operating profit (loss) | 9901 | €260,650 | €244,386 | -€16,264 | -6.2% |
| Financial income | 75/76B | €41,453 | €24,238 | -€17,215 | -41.5% |
| Recurring financial income | 75 | €41,453 | €24,238 | -€17,215 | -41.5% |
| Financial charges | 65/66B | €6,206 | €5,416 | -€790 | -12.7% |
| Recurring financial charges | 65 | €6,206 | €5,416 | -€790 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €295,898 | €263,208 | -€32,689 | -11.0% |
| Income taxes | 67/77 | €91,921 | €79,977 | -€11,944 | -13.0% |
| Profit (loss) for the period | 9904 | €203,976 | €183,231 | -€20,745 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €203,976 | €183,231 | -€20,745 | -10.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.