Reesink Turfcare BE: 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.
Reesink Turfcare BE
Largest movements
- Receivables within one year +€301,587
up €301,587 (+46.7%), from €645,459 to €947,046
- Stocks and contracts -€94,706
down €94,706 (-44.1%), from €214,626 to €119,920
- Tangible fixed assets -€44,118
down €44,118 (-24.2%), from €182,114 to €137,996
of which Plant, machinery and equipment: -€30,496
- Receivables after one year -€17,352
down €17,352 (-100.0%), from €17,352 to €0
- Current portion of long-term debt +€700,862
up €700,862 (+1,145%), from €61,234 to €762,096
- Trade debts -€358,423
down €358,423 (-53.5%), from €669,975 to €311,551
- Profit (loss) carried forward -€172,965
down €172,965 (-137%), from -€125,986 to -€298,950
- Tax, wage and social debts -€34,810
down €34,810 (-13.0%), from €268,381 to €233,570
of which Taxes: -€46,146
- Accrued charges and deferred income +€21,108
up €21,108, from €0 to €21,108
- Gross operating margin -€248,231
down €248,231 (-24.3%), from €1.0m to €772,652
- Taxes -€54,830
down €54,830, from €45,789 to -€9,041
- Provisions +€41,148
no longer reported in 2024 (was -€41,148)
- Staff costs +€23,964
up €23,964 (+2.9%), from €817,435 to €841,399
- Write-downs +€16,607
new in 2024: €16,607
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,073,603 | €1,229,376 | +€155,772 | +14.5% |
| Fixed assets | 21/28 | €193,524 | €149,406 | -€44,118 | -22.8% |
| Tangible fixed assets | 22/27 | €182,114 | €137,996 | -€44,118 | -24.2% |
| Plant, machinery and equipment | 23 | €132,734 | €102,239 | -€30,496 | -23.0% |
| Furniture and vehicles | 24 | €17,422 | €11,691 | -€5,731 | -32.9% |
| Other tangible fixed assets | 26 | €31,957 | €24,067 | -€7,891 | -24.7% |
| Financial fixed assets | 28 | €11,410 | €11,410 | = | 0.0% |
| Current assets | 29/58 | €880,079 | €1,079,969 | +€199,890 | +22.7% |
| Amounts receivable after more than one year | 29 | €17,352 | €0 | -€17,352 | -100.0% |
| Trade receivables | 290 | €17,352 | €0 | -€17,352 | -100.0% |
| Stocks and contracts in progress | 3 | €214,626 | €119,920 | -€94,706 | -44.1% |
| Stocks | 30/36 | €214,626 | €119,920 | -€94,706 | -44.1% |
| Amounts receivable within one year | 40/41 | €645,459 | €947,046 | +€301,587 | +46.7% |
| Trade receivables | 40 | €645,459 | €947,046 | +€301,587 | +46.7% |
| Cash at bank and in hand | 54/58 | €807 | €0 | -€807 | -100% |
| Deferred charges and accrued income | 490/1 | €1,835 | €13,003 | +€11,168 | +609% |
| Total equity and liabilities | 10/49 | €1,073,603 | €1,229,376 | +€155,772 | +14.5% |
| Equity | 10/15 | €74,014 | -€98,950 | -€172,965 | |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,986 | -€298,950 | -€172,965 | -137% |
| Amounts payable | 17/49 | €999,589 | €1,328,326 | +€328,737 | +32.9% |
| Amounts payable within one year | 42/48 | €999,589 | €1,307,218 | +€307,629 | +30.8% |
| Current portion of amounts payable after more than one year | 42 | €61,234 | €762,096 | +€700,862 | +1,145% |
| Trade debts | 44 | €669,975 | €311,551 | -€358,423 | -53.5% |
| Suppliers | 440/4 | €669,975 | €311,551 | -€358,423 | -53.5% |
| Taxes, remuneration and social security | 45 | €268,381 | €233,570 | -€34,810 | -13.0% |
| Taxes | 450/3 | €160,818 | €114,672 | -€46,146 | -28.7% |
| Remuneration and social security | 454/9 | €107,562 | €118,898 | +€11,336 | +10.5% |
| Accrued charges and deferred income | 492/3 | €0 | €21,108 | +€21,108 | |
| Non-recurring operating income | 76A | €21,364 | €0 | -€21,364 | -100% |
| Remuneration, social security and pensions | 62 | €817,435 | €841,399 | +€23,964 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,113 | €46,916 | +€3,803 | +8.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,607 | +€16,607 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€41,148 | - | +€41,148 | |
| Other operating charges | 640/8 | €31,730 | €28,214 | -€3,516 | -11.1% |
| Gross operating margin | 9900 | €1,020,883 | €772,652 | -€248,231 | -24.3% |
| Operating profit (loss) | 9901 | €169,754 | -€160,484 | -€330,237 | |
| Financial charges | 65/66B | €8,416 | €21,522 | +€13,106 | +156% |
| Recurring financial charges | 65 | €8,416 | €21,522 | +€13,106 | +156% |
| Profit (loss) for the period before taxes | 9903 | €161,338 | -€182,006 | -€343,344 | |
| Income taxes | 67/77 | €45,789 | -€9,041 | -€54,830 | |
| Profit (loss) for the period | 9904 | €115,549 | -€172,965 | -€288,514 | |
| Profit (loss) for the period to be appropriated | 9905 | €115,549 | -€172,965 | -€288,514 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.