KVD Tuinen: what changed
What changed
KVD Tuinen
NACE 81.300, Landscape service activities
filed annual accounts (NBB)
Net result for the year
€6,029
2024 · €9,319-€3,289
Equity
€145,239
2024 · €139,210+€6,029
Cash
€5,625
2024 · €29,840-€24,215
Balance sheet total
€252,501
2024 · €269,513-€17,012
Largest movements
Assets
- Cash -€24,215
down €24,215 (-81.1%), from €29,840 to €5,625
mainly Debts after one year (-€24,487) and Receivables within one year (-€14,514)
- Tangible fixed assets -€21,845
down €21,845 (-13.0%), from €168,051 to €146,207
of which Other tangible fixed assets: -€11,433
- Receivables within one year +€14,514
up €14,514 (+64.6%), from €22,468 to €36,982
of which Trade receivables: +€10,160
- Receivables after one year +€10,500
up €10,500 (+25.3%), from €41,500 to €52,000
- Stocks and contracts +€3,025
up €3,025 (+52.6%), from €5,750 to €8,775
Equity and liabilities
- Debts after one year -€24,487
down €24,487 (-24.8%), from €98,848 to €74,361
- Profit (loss) carried forward +€6,029
up €6,029 (+6.2%), from €97,750 to €103,779
Income statement
- Gross operating margin -€3,550
down €3,550 (-6.1%), from €58,414 to €54,864
- Taxes -€1,052
down €1,052 (-36.0%), from €2,921 to €1,869
- Staff costs +€931
up €931 (+6.1%), from €15,342 to €16,273
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.
Result 2024
€9,319
Gross operating margin
-€3,550
Staff costs
-€931
Depreciation
-€2
Other operating charges
-€296
Financial income
+€284
Financial charges
+€153
Taxes
+€1,052
Result 2025
€6,029
raises the resultlowers the result
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.
From operations
+€2,085
Investment
-€2,806
Financing
-€23,493
Cash 2024
€29,840
From operations (derived)
+€2,085
Net result for the year
+€6,029
Depreciation
+€24,650
Receivables after one year
-€10,500
Stocks and contracts
-€3,025
Receivables within one year
-€14,514
Deferred charges and accrued income
-€1,008
Trade debts
-€73
Tax, wage and social debts
+€46
Other debts
+€479
Investment (derived)
-€2,806
Investment in fixed assets (net)
-€2,806
Financing
-€23,493
Debts after one year
-€24,487
Current portion of long-term debt
+€993
Cash 2025
€5,625
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €269,513 | €252,501 | -€17,012 | -6.3% |
| Fixed assets | 21/28 | €168,941 | €147,097 | -€21,845 | -12.9% |
| Tangible fixed assets | 22/27 | €168,051 | €146,207 | -€21,845 | -13.0% |
| Plant, machinery and equipment | 23 | €65,680 | €55,868 | -€9,812 | -14.9% |
| Furniture and vehicles | 24 | €2,333 | €1,733 | -€600 | -25.7% |
| Other tangible fixed assets | 26 | €100,039 | €88,606 | -€11,433 | -11.4% |
| Financial fixed assets | 28 | €890 | €890 | = | 0.0% |
| Current assets | 29/58 | €100,571 | €105,404 | +€4,833 | +4.8% |
| Amounts receivable after more than one year | 29 | €41,500 | €52,000 | +€10,500 | +25.3% |
| Other amounts receivable | 291 | €41,500 | €52,000 | +€10,500 | +25.3% |
| Stocks and contracts in progress | 3 | €5,750 | €8,775 | +€3,025 | +52.6% |
| Stocks | 30/36 | €5,750 | €8,775 | +€3,025 | +52.6% |
| Amounts receivable within one year | 40/41 | €22,468 | €36,982 | +€14,514 | +64.6% |
| Trade receivables | 40 | €20,549 | €30,708 | +€10,160 | +49.4% |
| Other amounts receivable | 41 | €1,919 | €6,273 | +€4,354 | +227% |
| Cash at bank and in hand | 54/58 | €29,840 | €5,625 | -€24,215 | -81.1% |
| Deferred charges and accrued income | 490/1 | €1,013 | €2,022 | +€1,008 | +99.5% |
| Total equity and liabilities | 10/49 | €269,513 | €252,501 | -€17,012 | -6.3% |
| Equity | 10/15 | €139,210 | €145,239 | +€6,029 | +4.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €11,460 | €11,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €8,460 | €8,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,750 | €103,779 | +€6,029 | +6.2% |
| Amounts payable | 17/49 | €130,303 | €107,261 | -€23,042 | -17.7% |
| Amounts payable after more than one year | 17 | €98,848 | €74,361 | -€24,487 | -24.8% |
| Financial debts | 170/4 | €98,848 | €74,361 | -€24,487 | -24.8% |
| Amounts payable within one year | 42/48 | €31,455 | €32,900 | +€1,445 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €23,493 | €24,487 | +€993 | +4.2% |
| Trade debts | 44 | €4,176 | €4,103 | -€73 | -1.7% |
| Suppliers | 440/4 | €4,176 | €4,103 | -€73 | -1.7% |
| Taxes, remuneration and social security | 45 | €2,798 | €2,844 | +€46 | +1.6% |
| Taxes | 450/3 | €1,717 | €1,724 | +€8 | +0.4% |
| Remuneration and social security | 454/9 | €1,081 | €1,120 | +€38 | +3.6% |
| Other amounts payable | 47/48 | €988 | €1,466 | +€479 | +48.5% |
| Remuneration, social security and pensions | 62 | €15,342 | €16,273 | +€931 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,649 | €24,650 | +€2 | 0.0% |
| Other operating charges | 640/8 | €2,066 | €2,362 | +€296 | +14.3% |
| Gross operating margin | 9900 | €58,414 | €54,864 | -€3,550 | -6.1% |
| Operating profit (loss) | 9901 | €16,357 | €11,578 | -€4,779 | -29.2% |
| Financial income | 75/76B | €830 | €1,114 | +€284 | +34.3% |
| Recurring financial income | 75 | €830 | €1,114 | +€284 | +34.3% |
| Financial charges | 65/66B | €4,948 | €4,795 | -€153 | -3.1% |
| Recurring financial charges | 65 | €4,948 | €4,795 | -€153 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €12,240 | €7,898 | -€4,341 | -35.5% |
| Income taxes | 67/77 | €2,921 | €1,869 | -€1,052 | -36.0% |
| Profit (loss) for the period | 9904 | €9,319 | €6,029 | -€3,289 | -35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,319 | €6,029 | -€3,289 | -35.3% |
Next steps
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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 6 November 2026 via checked.be.