MK Tuinen: what changed
MK Tuinen
Largest movements
- Receivables within one year +€15,442
up €15,442 (+43.6%), from €35,401 to €50,843
of which Trade receivables: +€13,560
- Tangible fixed assets -€9,011
down €9,011 (-40.4%), from €22,300 to €13,290
of which Furniture and vehicles: -€5,764
- Cash +€6,226
up €6,226 (+72.3%), from €8,614 to €14,840
mainly Net result for the year (+€27,103) and Depreciation (+€12,011)
- Profit (loss) carried forward +€27,103
up €27,103, from -€6,156 to €20,947
- Trade debts -€13,217
down €13,217 (-33.8%), from €39,157 to €25,941
- Other debts -€2,201
down €2,201 (-13.1%), from €16,854 to €14,653
- Gross operating margin +€19,233
up €19,233 (+35.0%), from €54,897 to €74,130
- Depreciation -€13,478
down €13,478 (-52.9%), from €25,489 to €12,011
- Staff costs +€9,632
up €9,632 (+57.8%), from €16,665 to €26,297
- Taxes +€6,024
new in 2025: €6,024
- Financial charges -€1,631
down €1,631 (-62.8%), from €2,596 to €964
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 | €70,503 | €82,897 | +€12,394 | +17.6% |
| Fixed assets | 21/28 | €22,450 | €13,440 | -€9,011 | -40.1% |
| Tangible fixed assets | 22/27 | €22,300 | €13,290 | -€9,011 | -40.4% |
| Plant, machinery and equipment | 23 | €6,259 | €3,377 | -€2,883 | -46.1% |
| Furniture and vehicles | 24 | €12,702 | €6,938 | -€5,764 | -45.4% |
| Other tangible fixed assets | 26 | €3,339 | €2,975 | -€365 | -10.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €48,053 | €69,458 | +€21,405 | +44.5% |
| Stocks and contracts in progress | 3 | €2,058 | €2,058 | = | 0.0% |
| Stocks | 30/36 | €2,058 | €2,058 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,401 | €50,843 | +€15,442 | +43.6% |
| Trade receivables | 40 | €35,401 | €48,961 | +€13,560 | +38.3% |
| Other amounts receivable | 41 | €0 | €1,882 | +€1,882 | |
| Cash at bank and in hand | 54/58 | €8,614 | €14,840 | +€6,226 | +72.3% |
| Deferred charges and accrued income | 490/1 | €1,980 | €1,717 | -€263 | -13.3% |
| Total equity and liabilities | 10/49 | €70,503 | €82,897 | +€12,394 | +17.6% |
| Equity | 10/15 | €1,844 | €28,947 | +€27,103 | +1,469% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,156 | €20,947 | +€27,103 | |
| Amounts payable | 17/49 | €68,659 | €53,950 | -€14,709 | -21.4% |
| Amounts payable within one year | 42/48 | €68,206 | €53,483 | -€14,722 | -21.6% |
| Trade debts | 44 | €39,157 | €25,941 | -€13,217 | -33.8% |
| Suppliers | 440/4 | €39,157 | €25,941 | -€13,217 | -33.8% |
| Taxes, remuneration and social security | 45 | €12,195 | €12,890 | +€695 | +5.7% |
| Taxes | 450/3 | €8,160 | €9,354 | +€1,194 | +14.6% |
| Remuneration and social security | 454/9 | €4,035 | €3,536 | -€499 | -12.4% |
| Other amounts payable | 47/48 | €16,854 | €14,653 | -€2,201 | -13.1% |
| Accrued charges and deferred income | 492/3 | €453 | €467 | +€14 | +3.0% |
| Remuneration, social security and pensions | 62 | €16,665 | €26,297 | +€9,632 | +57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,489 | €12,011 | -€13,478 | -52.9% |
| Other operating charges | 640/8 | €1,511 | €1,763 | +€252 | +16.7% |
| Gross operating margin | 9900 | €54,897 | €74,130 | +€19,233 | +35.0% |
| Operating profit (loss) | 9901 | €11,232 | €34,059 | +€22,827 | +203% |
| Financial income | 75/76B | - | €33 | +€33 | |
| Recurring financial income | 75 | - | €33 | +€33 | |
| Financial charges | 65/66B | €2,596 | €964 | -€1,631 | -62.8% |
| Recurring financial charges | 65 | €2,596 | €964 | -€1,631 | -62.8% |
| Profit (loss) for the period before taxes | 9903 | €8,636 | €33,127 | +€24,491 | +284% |
| Income taxes | 67/77 | - | €6,024 | +€6,024 | |
| Profit (loss) for the period | 9904 | €8,636 | €27,103 | +€18,467 | +214% |
| Profit (loss) for the period to be appropriated | 9905 | €8,636 | €27,103 | +€18,467 | +214% |
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.