MT 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.
MT TUINEN
Largest movements
- Receivables within one year +€27,391
up €27,391 (+92.7%), from €29,556 to €56,947
of which Trade receivables: +€27,044
- Tangible fixed assets -€3,961
down €3,961 (-40.3%), from €9,823 to €5,862
of which Furniture and vehicles: -€2,713
- Deferred charges and accrued income +€1,139
up €1,139 (+191%), from €596 to €1,734
- Tax, wage and social debts +€11,800
up €11,800 (+248%), from €4,764 to €16,564
of which Taxes: +€9,550
- Other debts +€9,938
up €9,938 (+224%), from €4,446 to €14,384
- Trade debts +€4,283
up €4,283 (+37.4%), from €11,449 to €15,732
- Profit (loss) carried forward -€1,891
down €1,891 (-9.4%), from -€20,147 to -€22,038
- Gross operating margin -€10,907
down €10,907 (-40.9%), from €26,665 to €15,758
- Other operating charges +€1,047
up €1,047 (+42.9%), from €2,439 to €3,486
- Depreciation -€437
down €437 (-8.9%), from €4,897 to €4,461
- Financial charges +€354
up €354 (+5.1%), from €6,880 to €7,235
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
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 | €42,116 | €66,755 | +€24,639 | +58.5% |
| Fixed assets | 21/28 | €9,823 | €5,932 | -€3,891 | -39.6% |
| Tangible fixed assets | 22/27 | €9,823 | €5,862 | -€3,961 | -40.3% |
| Plant, machinery and equipment | 23 | €2,288 | €1,041 | -€1,247 | -54.5% |
| Furniture and vehicles | 24 | €7,535 | €4,822 | -€2,713 | -36.0% |
| Financial fixed assets | 28 | - | €70 | +€70 | |
| Current assets | 29/58 | €32,293 | €60,823 | +€28,530 | +88.3% |
| Stocks and contracts in progress | 3 | €2,140 | €2,140 | = | 0.0% |
| Stocks | 30/36 | €2,140 | €2,140 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €29,556 | €56,947 | +€27,391 | +92.7% |
| Trade receivables | 40 | €27,950 | €54,994 | +€27,044 | +96.8% |
| Other amounts receivable | 41 | €1,606 | €1,953 | +€347 | +21.6% |
| Cash at bank and in hand | 54/58 | €1 | €1 | +€0 | +1.4% |
| Deferred charges and accrued income | 490/1 | €596 | €1,734 | +€1,139 | +191% |
| Total equity and liabilities | 10/49 | €42,116 | €66,755 | +€24,639 | +58.5% |
| Equity | 10/15 | -€10,147 | -€12,038 | -€1,891 | -18.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,147 | -€22,038 | -€1,891 | -9.4% |
| Amounts payable | 17/49 | €52,263 | €78,793 | +€26,530 | +50.8% |
| Amounts payable within one year | 42/48 | €52,263 | €78,793 | +€26,530 | +50.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €16,766 | €17,275 | +€509 | +3.0% |
| Credit institutions | 430/8 | €16,766 | €17,275 | +€509 | +3.0% |
| Trade debts | 44 | €11,449 | €15,732 | +€4,283 | +37.4% |
| Suppliers | 440/4 | €11,449 | €15,732 | +€4,283 | +37.4% |
| Advances received on contracts in progress | 46 | €14,838 | €14,838 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,764 | €16,564 | +€11,800 | +248% |
| Taxes | 450/3 | €4,764 | €14,314 | +€9,550 | +200% |
| Remuneration and social security | 454/9 | - | €2,250 | +€2,250 | |
| Other amounts payable | 47/48 | €4,446 | €14,384 | +€9,938 | +224% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €8,080 | €0 | -€8,080 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,897 | €4,461 | -€437 | -8.9% |
| Other operating charges | 640/8 | €2,439 | €3,486 | +€1,047 | +42.9% |
| Gross operating margin | 9900 | €26,665 | €15,758 | -€10,907 | -40.9% |
| Operating profit (loss) | 9901 | €19,328 | €7,811 | -€11,517 | -59.6% |
| Financial income | 75/76B | €515 | €421 | -€94 | -18.3% |
| Recurring financial income | 75 | €515 | €421 | -€94 | -18.3% |
| Financial charges | 65/66B | €6,880 | €7,235 | +€354 | +5.1% |
| Recurring financial charges | 65 | €6,880 | €7,235 | +€354 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €12,962 | €997 | -€11,965 | -92.3% |
| Income taxes | 67/77 | €3,119 | €2,888 | -€231 | -7.4% |
| Profit (loss) for the period | 9904 | €9,844 | -€1,891 | -€11,734 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,844 | -€1,891 | -€11,734 |
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 27 October 2026 via checked.be.