FPT 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.
FPT TUINEN
Largest movements
- Tangible fixed assets +€72,039
up €72,039 (+13.3%), from €542,407 to €614,446
of which Leasing and similar rights: +€53,450
- Deferred charges and accrued income -€18,406
no longer reported in 2025 (was €18,406)
- Receivables within one year -€8,258
down €8,258 (-4.5%), from €183,261 to €175,003
of which Trade receivables: -€13,369
- Reserves +€38,557
up €38,557 (+14.4%), from €268,364 to €306,921
- Short-term financial debts -€23,491
down €23,491 (-77.7%), from €30,237 to €6,746
of which Credit institutions: -€20,102
- Current portion of long-term debt +€20,495
up €20,495 (+42.1%), from €48,666 to €69,161
- Debts after one year +€18,599
up €18,599 (+5.6%), from €333,355 to €351,953
- Gross operating margin +€134,977
up €134,977 (+70.0%), from €192,937 to €327,914
- Staff costs +€56,014
up €56,014 (+59.9%), from €93,444 to €149,458
- Write-downs +€11,830
new in 2025: €11,830
- Taxes +€8,735
new in 2025: €8,735
- Depreciation +€3,943
up €3,943 (+4.2%), from €93,520 to €97,464
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €761,574 | €806,949 | +€45,375 | +6.0% |
| Fixed assets | 21/28 | €542,407 | €614,446 | +€72,039 | +13.3% |
| Tangible fixed assets | 22/27 | €542,407 | €614,446 | +€72,039 | +13.3% |
| Land and buildings | 22 | €321,667 | €310,467 | -€11,200 | -3.5% |
| Plant, machinery and equipment | 23 | €61,140 | €89,786 | +€28,646 | +46.9% |
| Furniture and vehicles | 24 | €11,685 | €16,346 | +€4,661 | +39.9% |
| Leasing and similar rights | 25 | €122,646 | €176,097 | +€53,450 | +43.6% |
| Other tangible fixed assets | 26 | €25,269 | €21,750 | -€3,519 | -13.9% |
| Current assets | 29/58 | €219,167 | €192,503 | -€26,664 | -12.2% |
| Amounts receivable after more than one year | 29 | €17,500 | €17,500 | = | 0.0% |
| Other amounts receivable | 291 | €17,500 | €17,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €183,261 | €175,003 | -€8,258 | -4.5% |
| Trade receivables | 40 | €182,261 | €168,891 | -€13,369 | -7.3% |
| Other amounts receivable | 41 | €1,000 | €6,111 | +€5,111 | +511% |
| Deferred charges and accrued income | 490/1 | €18,406 | - | -€18,406 | |
| Total equity and liabilities | 10/49 | €761,574 | €806,949 | +€45,375 | +6.0% |
| Equity | 10/15 | €288,364 | €326,921 | +€38,557 | +13.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €268,364 | €306,921 | +€38,557 | +14.4% |
| Distributable reserves | 133 | €268,364 | €306,921 | +€38,557 | +14.4% |
| Amounts payable | 17/49 | €473,210 | €480,028 | +€6,817 | +1.4% |
| Amounts payable after more than one year | 17 | €333,355 | €351,953 | +€18,599 | +5.6% |
| Financial debts | 170/4 | €333,355 | €351,953 | +€18,599 | +5.6% |
| Amounts payable within one year | 42/48 | €139,856 | €128,074 | -€11,781 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €48,666 | €69,161 | +€20,495 | +42.1% |
| Financial debts | 43 | €30,237 | €6,746 | -€23,491 | -77.7% |
| Credit institutions | 430/8 | €25,166 | €5,064 | -€20,102 | -79.9% |
| Other loans | 439 | €5,071 | €1,682 | -€3,389 | -66.8% |
| Trade debts | 44 | €20,012 | €18,117 | -€1,895 | -9.5% |
| Suppliers | 440/4 | €20,012 | €18,117 | -€1,895 | -9.5% |
| Taxes, remuneration and social security | 45 | €24,303 | €17,217 | -€7,086 | -29.2% |
| Taxes | 450/3 | €9,018 | - | -€9,018 | |
| Remuneration and social security | 454/9 | €15,285 | €17,217 | +€1,932 | +12.6% |
| Other amounts payable | 47/48 | €16,638 | €16,834 | +€196 | +1.2% |
| Non-recurring operating income | 76A | - | €55,149 | +€55,149 | |
| Remuneration, social security and pensions | 62 | €93,444 | €149,458 | +€56,014 | +59.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,520 | €97,464 | +€3,943 | +4.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €11,830 | +€11,830 | |
| Other operating charges | 640/8 | €4,184 | €4,295 | +€110 | +2.6% |
| Gross operating margin | 9900 | €192,937 | €327,914 | +€134,977 | +70.0% |
| Operating profit (loss) | 9901 | €1,788 | €64,868 | +€63,080 | +3,527% |
| Financial income | 75/76B | €198 | €438 | +€239 | +121% |
| Recurring financial income | 75 | €198 | €438 | +€239 | +121% |
| Financial charges | 65/66B | €19,154 | €18,014 | -€1,140 | -6.0% |
| Recurring financial charges | 65 | €19,154 | €18,014 | -€1,140 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,168 | €47,292 | +€64,460 | |
| Income taxes | 67/77 | - | €8,735 | +€8,735 | |
| Profit (loss) for the period | 9904 | -€17,168 | €38,557 | +€55,725 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,168 | €38,557 | +€55,725 |
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.