TOF 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.
TOF TUINEN
Largest movements
- Receivables within one year +€18,437
up €18,437 (+470%), from €3,925 to €22,363
of which Trade receivables: +€21,937
- Financial fixed assets +€18,000
up €18,000 (+2,676%), from €673 to €18,673
- Cash -€9,308
down €9,308 (-34.4%), from €27,082 to €17,773
mainly Receivables within one year (-€18,437) and Investment in fixed assets (net) (-€18,058)
- Tangible fixed assets -€2,022
down €2,022 (-37.4%), from €5,407 to €3,385
- Reserves +€20,965
up €20,965 (+76.5%), from €27,403 to €48,368
- Tax, wage and social debts +€5,170
up €5,170 (+182%), from €2,846 to €8,015
- Other debts -€754
no longer reported in 2025 (was €754)
- Gross operating margin -€1,464
down €1,464 (-4.7%), from €30,925 to €29,461
- Taxes -€1,311
down €1,311 (-25.7%), from €5,103 to €3,792
- Depreciation -€1,278
down €1,278 (-38.1%), from €3,358 to €2,080
- Staff costs -€762
down €762 (-26.8%), from €2,840 to €2,078
- Financial charges +€321
up €321 (+2,854%), from €11 to €332
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 | €37,087 | €62,194 | +€25,107 | +67.7% |
| Fixed assets | 21/28 | €6,080 | €22,058 | +€15,978 | +263% |
| Tangible fixed assets | 22/27 | €5,407 | €3,385 | -€2,022 | -37.4% |
| Furniture and vehicles | 24 | €5,407 | €3,385 | -€2,022 | -37.4% |
| Financial fixed assets | 28 | €673 | €18,673 | +€18,000 | +2,676% |
| Current assets | 29/58 | €31,007 | €40,136 | +€9,129 | +29.4% |
| Amounts receivable within one year | 40/41 | €3,925 | €22,363 | +€18,437 | +470% |
| Trade receivables | 40 | €29 | €21,966 | +€21,937 | +76,277% |
| Other amounts receivable | 41 | €3,897 | €397 | -€3,500 | -89.8% |
| Cash at bank and in hand | 54/58 | €27,082 | €17,773 | -€9,308 | -34.4% |
| Total equity and liabilities | 10/49 | €37,087 | €62,194 | +€25,107 | +67.7% |
| Equity | 10/15 | €32,403 | €53,368 | +€20,965 | +64.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €27,403 | €48,368 | +€20,965 | +76.5% |
| Distributable reserves | 133 | €27,403 | €48,368 | +€20,965 | +76.5% |
| Amounts payable | 17/49 | €4,684 | €8,826 | +€4,142 | +88.4% |
| Amounts payable within one year | 42/48 | €4,684 | €8,826 | +€4,142 | +88.4% |
| Trade debts | 44 | €1,085 | €810 | -€274 | -25.3% |
| Suppliers | 440/4 | €1,085 | €810 | -€274 | -25.3% |
| Taxes, remuneration and social security | 45 | €2,846 | €8,015 | +€5,170 | +182% |
| Taxes | 450/3 | €2,846 | €8,015 | +€5,170 | +182% |
| Other amounts payable | 47/48 | €754 | - | -€754 | |
| Non-recurring operating income | 76A | - | €3,069 | +€3,069 | |
| Remuneration, social security and pensions | 62 | €2,840 | €2,078 | -€762 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,358 | €2,080 | -€1,278 | -38.1% |
| Other operating charges | 640/8 | €209 | €213 | +€4 | +1.8% |
| Gross operating margin | 9900 | €30,925 | €29,461 | -€1,464 | -4.7% |
| Operating profit (loss) | 9901 | €24,518 | €25,090 | +€572 | +2.3% |
| Financial charges | 65/66B | €11 | €332 | +€321 | +2,854% |
| Recurring financial charges | 65 | €11 | €332 | +€321 | +2,854% |
| Profit (loss) for the period before taxes | 9903 | €24,507 | €24,758 | +€251 | +1.0% |
| Income taxes | 67/77 | €5,103 | €3,792 | -€1,311 | -25.7% |
| Profit (loss) for the period | 9904 | €19,404 | €20,965 | +€1,561 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,404 | €20,965 | +€1,561 | +8.0% |
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 28 October 2026 via checked.be.