TUINCENTRUM DE WOLF: 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.
TUINCENTRUM DE WOLF
Largest movements
- Receivables within one year +€45,814
up €45,814 (+30.4%), from €150,719 to €196,532
of which Trade receivables: +€48,226
- Tangible fixed assets -€38,503
down €38,503 (-10.8%), from €355,316 to €316,813
of which Land and buildings: -€33,953
- Stocks and contracts -€30,751
down €30,751 (-26.7%), from €115,301 to €84,550
- Cash +€23,059
up €23,059 (+13.1%), from €176,569 to €199,628
mainly Depreciation (+€38,503) and Stocks and contracts (+€30,751)
- Debts after one year -€25,000
down €25,000 (-11.2%), from €222,544 to €197,544
- Reserves +€16,347
up €16,347 (+7.9%), from €206,414 to €222,761
- Other debts +€14,738
up €14,738 (+4.9%), from €303,054 to €317,792
- Trade debts -€9,582
no longer reported in 2025 (was €9,582)
- Financial charges +€20,312
up €20,312 (+209.9%), from €9,676 to €29,988
- Depreciation -€13,375
down €13,375 (-25.8%), from €51,878 to €38,503
- Gross operating margin +€7,885
up €7,885 (+5.1%), from €154,658 to €162,543
- Other operating charges -€3,880
down €3,880 (-33.8%), from €11,468 to €7,588
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.
Cash bridge derived
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 | €801,541 | €800,772 | -€769 | -0.1% |
| Fixed assets | 21/28 | €355,580 | €317,077 | -€38,503 | -10.8% |
| Tangible fixed assets | 22/27 | €355,316 | €316,813 | -€38,503 | -10.8% |
| Land and buildings | 22 | €333,797 | €299,844 | -€33,953 | -10.2% |
| Other tangible fixed assets | 26 | €21,519 | €16,969 | -€4,550 | -21.1% |
| Financial fixed assets | 28 | €264 | €264 | = | 0.0% |
| Current assets | 29/58 | €445,961 | €483,695 | +€37,734 | +8.5% |
| Stocks and contracts in progress | 3 | €115,301 | €84,550 | -€30,751 | -26.7% |
| Stocks | 30/36 | €115,301 | €84,550 | -€30,751 | -26.7% |
| Amounts receivable within one year | 40/41 | €150,719 | €196,532 | +€45,814 | +30.4% |
| Trade receivables | 40 | €141,652 | €189,879 | +€48,226 | +34.0% |
| Other amounts receivable | 41 | €9,066 | €6,654 | -€2,413 | -26.6% |
| Cash at bank and in hand | 54/58 | €176,569 | €199,628 | +€23,059 | +13.1% |
| Deferred charges and accrued income | 490/1 | €3,372 | €2,984 | -€388 | -11.5% |
| Total equity and liabilities | 10/49 | €801,541 | €800,772 | -€769 | -0.1% |
| Equity | 10/15 | €225,414 | €241,761 | +€16,347 | +7.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €206,414 | €222,761 | +€16,347 | +7.9% |
| Non-distributable reserves | 130/1 | €206,414 | €222,761 | +€16,347 | +7.9% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Other | 1319 | €204,514 | €220,861 | +€16,347 | +8.0% |
| Amounts payable | 17/49 | €576,127 | €559,011 | -€17,116 | -3.0% |
| Amounts payable after more than one year | 17 | €222,544 | €197,544 | -€25,000 | -11.2% |
| Financial debts | 170/4 | €222,544 | €197,544 | -€25,000 | -11.2% |
| Amounts payable within one year | 42/48 | €353,583 | €361,467 | +€7,884 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €25,830 | €25,802 | -€28 | -0.1% |
| Trade debts | 44 | €9,582 | - | -€9,582 | |
| Suppliers | 440/4 | €9,582 | - | -€9,582 | |
| Taxes, remuneration and social security | 45 | €15,117 | €17,873 | +€2,756 | +18.2% |
| Taxes | 450/3 | €15,117 | €17,873 | +€2,756 | +18.2% |
| Other amounts payable | 47/48 | €303,054 | €317,792 | +€14,738 | +4.9% |
| Remuneration, social security and pensions | 62 | €64,954 | €65,112 | +€158 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,878 | €38,503 | -€13,375 | -25.8% |
| Other operating charges | 640/8 | €11,468 | €7,588 | -€3,880 | -33.8% |
| Gross operating margin | 9900 | €154,658 | €162,543 | +€7,885 | +5.1% |
| Operating profit (loss) | 9901 | €26,358 | €51,340 | +€24,982 | +94.8% |
| Financial income | 75/76B | €1,665 | €1,383 | -€281 | -16.9% |
| Recurring financial income | 75 | €1,665 | €1,383 | -€281 | -16.9% |
| Financial charges | 65/66B | €9,676 | €29,988 | +€20,312 | +209.9% |
| Recurring financial charges | 65 | €9,676 | €29,988 | +€20,312 | +209.9% |
| Profit (loss) for the period before taxes | 9903 | €18,346 | €22,735 | +€4,389 | +23.9% |
| Income taxes | 67/77 | €5,075 | €6,388 | +€1,313 | +25.9% |
| Profit (loss) for the period | 9904 | €13,271 | €16,347 | +€3,075 | +23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,271 | €16,347 | +€3,075 | +23.2% |
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 11 October 2026 via checked.be.