TUINAANLEG BOUDRY: 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.
TUINAANLEG BOUDRY
Largest movements
- Cash +€66,445
up €66,445 (+79.1%), from €83,964 to €150,408
mainly Depreciation (+€166,344) and Net result for the year (+€42,981)
- Tangible fixed assets -€32,377
down €32,377 (-2.7%), from €1.2m to €1.2m
of which Plant, machinery and equipment: -€41,026
- Reserves +€42,981
up €42,981 (+79.0%), from €54,410 to €97,391
- Debts after one year -€29,958
down €29,958 (-7.6%), from €394,019 to €364,061
- Current portion of long-term debt +€14,521
up €14,521 (+17.0%), from €85,395 to €99,917
- Gross operating margin +€182,323
up €182,323 (+56.8%), from €320,728 to €503,051
- Depreciation +€129,961
up €129,961 (+357%), from €36,383 to €166,344
- Staff costs +€43,981
up €43,981 (+21.5%), from €204,215 to €248,196
- Financial charges +€17,323
up €17,323 (+423%), from €4,094 to €21,417
- Other operating charges +€6,645
up €6,645 (+234%), from €2,841 to €9,486
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 | €1,383,458 | €1,422,254 | +€38,796 | +2.8% |
| Fixed assets | 21/28 | €1,242,877 | €1,204,500 | -€38,377 | -3.1% |
| Intangible fixed assets | 21 | €28,475 | €22,475 | -€6,000 | -21.1% |
| Tangible fixed assets | 22/27 | €1,214,401 | €1,182,024 | -€32,377 | -2.7% |
| Land and buildings | 22 | €586,834 | €573,709 | -€13,125 | -2.2% |
| Plant, machinery and equipment | 23 | €339,638 | €298,612 | -€41,026 | -12.1% |
| Furniture and vehicles | 24 | €287,929 | €309,703 | +€21,774 | +7.6% |
| Current assets | 29/58 | €140,581 | €217,755 | +€77,173 | +54.9% |
| Stocks and contracts in progress | 3 | €11,685 | €5,118 | -€6,566 | -56.2% |
| Stocks | 30/36 | €11,685 | €5,118 | -€6,566 | -56.2% |
| Amounts receivable within one year | 40/41 | €41,876 | €54,828 | +€12,952 | +30.9% |
| Trade receivables | 40 | €41,868 | €50,581 | +€8,712 | +20.8% |
| Other amounts receivable | 41 | €8 | €4,247 | +€4,240 | +54,846% |
| Cash at bank and in hand | 54/58 | €83,964 | €150,408 | +€66,445 | +79.1% |
| Deferred charges and accrued income | 490/1 | €3,057 | €7,400 | +€4,344 | +142% |
| Total equity and liabilities | 10/49 | €1,383,458 | €1,422,254 | +€38,796 | +2.8% |
| Equity | 10/15 | €654,935 | €697,916 | +€42,981 | +6.6% |
| Contributions | 10/11 | €600,525 | €600,525 | = | 0.0% |
| Reserves | 13 | €54,410 | €97,391 | +€42,981 | +79.0% |
| Distributable reserves | 133 | €54,410 | €97,391 | +€42,981 | +79.0% |
| Amounts payable | 17/49 | €728,523 | €724,338 | -€4,184 | -0.6% |
| Amounts payable after more than one year | 17 | €394,019 | €364,061 | -€29,958 | -7.6% |
| Financial debts | 170/4 | €394,019 | €364,061 | -€29,958 | -7.6% |
| Amounts payable within one year | 42/48 | €334,503 | €360,277 | +€25,774 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €85,395 | €99,917 | +€14,521 | +17.0% |
| Trade debts | 44 | €41,166 | €33,338 | -€7,828 | -19.0% |
| Suppliers | 440/4 | €41,166 | €33,338 | -€7,828 | -19.0% |
| Taxes, remuneration and social security | 45 | €29,434 | €42,004 | +€12,570 | +42.7% |
| Taxes | 450/3 | €15,600 | €24,473 | +€8,873 | +56.9% |
| Remuneration and social security | 454/9 | €13,834 | €17,532 | +€3,698 | +26.7% |
| Other amounts payable | 47/48 | €178,508 | €185,018 | +€6,510 | +3.6% |
| Remuneration, social security and pensions | 62 | €204,215 | €248,196 | +€43,981 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,383 | €166,344 | +€129,961 | +357% |
| Other operating charges | 640/8 | €2,841 | €9,486 | +€6,645 | +234% |
| Non-recurring operating charges | 66A | - | €175 | +€175 | |
| Gross operating margin | 9900 | €320,728 | €503,051 | +€182,323 | +56.8% |
| Operating profit (loss) | 9901 | €77,289 | €78,851 | +€1,562 | +2.0% |
| Financial income | 75/76B | €492 | €1,313 | +€821 | +167% |
| Recurring financial income | 75 | €492 | €1,313 | +€821 | +167% |
| Financial charges | 65/66B | €4,094 | €21,417 | +€17,323 | +423% |
| Recurring financial charges | 65 | €4,094 | €21,417 | +€17,323 | +423% |
| Profit (loss) for the period before taxes | 9903 | €73,687 | €58,748 | -€14,940 | -20.3% |
| Income taxes | 67/77 | €19,277 | €15,767 | -€3,510 | -18.2% |
| Profit (loss) for the period | 9904 | €54,410 | €42,981 | -€11,430 | -21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,410 | €42,981 | -€11,430 | -21.0% |
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 31 October 2026 via checked.be.