TIENDESCHUURVELD: 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.
TIENDESCHUURVELD
Largest movements
- Cash +€36,283
up €36,283 (+117%), from €30,961 to €67,245
mainly Net result for the year (+€34,116) and Depreciation (+€29,137)
- Tangible fixed assets -€29,137
down €29,137 (-7.7%), from €378,364 to €349,226
of which Land and buildings: -€28,439
- Reserves +€34,116
up €34,116 (+6.4%), from €531,248 to €565,365
of which Distributable reserves: +€34,116
- Debts after one year -€30,669
down €30,669 (-3.7%), from €829,968 to €799,299
- Financial charges -€18,586
down €18,586 (-37.5%), from €49,504 to €30,917
- Financial income -€12,660
down €12,660 (-22.5%), from €56,202 to €43,542
- Gross operating margin +€3,693
up €3,693 (+6.7%), from €54,723 to €58,416
- Taxes +€875
up €875 (+34.5%), from €2,536 to €3,412
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 | €1,453,682 | €1,464,272 | +€10,590 | +0.7% |
| Fixed assets | 21/28 | €1,416,414 | €1,387,276 | -€29,137 | -2.1% |
| Tangible fixed assets | 22/27 | €378,364 | €349,226 | -€29,137 | -7.7% |
| Land and buildings | 22 | €377,665 | €349,226 | -€28,439 | -7.5% |
| Furniture and vehicles | 24 | €699 | €0 | -€699 | -100% |
| Financial fixed assets | 28 | €1,038,050 | €1,038,050 | = | 0.0% |
| Current assets | 29/58 | €37,269 | €76,996 | +€39,727 | +107% |
| Amounts receivable within one year | 40/41 | €1,334 | €1,546 | +€212 | +15.9% |
| Other amounts receivable | 41 | €1,334 | €1,546 | +€212 | +15.9% |
| Cash at bank and in hand | 54/58 | €30,961 | €67,245 | +€36,283 | +117% |
| Deferred charges and accrued income | 490/1 | €4,974 | €8,206 | +€3,232 | +65.0% |
| Total equity and liabilities | 10/49 | €1,453,682 | €1,464,272 | +€10,590 | +0.7% |
| Equity | 10/15 | €550,411 | €584,528 | +€34,116 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €531,248 | €565,365 | +€34,116 | +6.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €529,388 | €563,505 | +€34,116 | +6.4% |
| Profit (loss) carried forward | 14 | €563 | €563 | = | 0.0% |
| Amounts payable | 17/49 | €903,271 | €879,744 | -€23,527 | -2.6% |
| Amounts payable after more than one year | 17 | €829,968 | €799,299 | -€30,669 | -3.7% |
| Financial debts | 170/4 | €829,968 | €799,299 | -€30,669 | -3.7% |
| Amounts payable within one year | 42/48 | €45,777 | €53,430 | +€7,653 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €30,226 | €30,669 | +€443 | +1.5% |
| Trade debts | 44 | €15,508 | €14,478 | -€1,030 | -6.6% |
| Suppliers | 440/4 | €15,508 | €14,478 | -€1,030 | -6.6% |
| Taxes, remuneration and social security | 45 | €43 | €3,370 | +€3,327 | +7,802% |
| Taxes | 450/3 | €43 | €3,370 | +€3,327 | +7,802% |
| Other amounts payable | 47/48 | €0 | €4,914 | +€4,914 | |
| Accrued charges and deferred income | 492/3 | €27,526 | €27,015 | -€511 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,215 | €29,137 | -€78 | -0.3% |
| Other operating charges | 640/8 | €4,306 | €4,375 | +€68 | +1.6% |
| Gross operating margin | 9900 | €54,723 | €58,416 | +€3,693 | +6.7% |
| Operating profit (loss) | 9901 | €21,201 | €24,904 | +€3,702 | +17.5% |
| Financial income | 75/76B | €56,202 | €43,542 | -€12,660 | -22.5% |
| Recurring financial income | 75 | €56,202 | €43,542 | -€12,660 | -22.5% |
| Financial charges | 65/66B | €49,504 | €30,917 | -€18,586 | -37.5% |
| Recurring financial charges | 65 | €49,504 | €30,917 | -€18,586 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €27,900 | €37,528 | +€9,628 | +34.5% |
| Income taxes | 67/77 | €2,536 | €3,412 | +€875 | +34.5% |
| Profit (loss) for the period | 9904 | €25,363 | €34,116 | +€8,753 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,363 | €34,116 | +€8,753 | +34.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.