TUINCENTRUM MIERMANS: 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 MIERMANS
Largest movements
- Cash +€160,715
up €160,715 (+128%), from €125,744 to €286,458
mainly Current investments (+€100,000) and Trade debts (+€33,180)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Receivables within one year +€16,043
up €16,043 (+24.9%), from €64,411 to €80,453
of which Trade receivables: +€11,526
- Tangible fixed assets -€9,701
down €9,701 (-38.5%), from €25,212 to €15,510
of which Plant, machinery and equipment: -€5,729
- Trade debts +€33,180
up €33,180 (+321%), from €10,328 to €43,508
- Reserves +€22,067
up €22,067 (+9.5%), from €233,109 to €255,176
- Tax, wage and social debts +€10,438
up €10,438 (+101%), from €10,292 to €20,729
of which Taxes: +€10,154
- Gross operating margin -€31,737
down €31,737 (-25.8%), from €122,894 to €91,157
- Staff costs -€7,571
down €7,571 (-14.3%), from €53,080 to €45,509
- Taxes -€7,082
down €7,082 (-39.6%), from €17,888 to €10,806
- Other operating charges -€3,571
down €3,571 (-55.4%), from €6,442 to €2,871
- Financial income -€3,169
down €3,169 (-69.8%), from €4,541 to €1,372
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 | €427,868 | €490,133 | +€62,266 | +14.6% |
| Fixed assets | 21/28 | €25,212 | €15,510 | -€9,701 | -38.5% |
| Tangible fixed assets | 22/27 | €25,212 | €15,510 | -€9,701 | -38.5% |
| Plant, machinery and equipment | 23 | €10,217 | €4,489 | -€5,729 | -56.1% |
| Furniture and vehicles | 24 | €8,481 | €6,327 | -€2,155 | -25.4% |
| Other tangible fixed assets | 26 | €6,513 | €4,695 | -€1,818 | -27.9% |
| Current assets | 29/58 | €402,656 | €474,623 | +€71,967 | +17.9% |
| Stocks and contracts in progress | 3 | €106,483 | €102,240 | -€4,243 | -4.0% |
| Stocks | 30/36 | €106,483 | €102,240 | -€4,243 | -4.0% |
| Amounts receivable within one year | 40/41 | €64,411 | €80,453 | +€16,043 | +24.9% |
| Trade receivables | 40 | €51,411 | €62,937 | +€11,526 | +22.4% |
| Other amounts receivable | 41 | €13,000 | €17,516 | +€4,517 | +34.7% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €125,744 | €286,458 | +€160,715 | +128% |
| Deferred charges and accrued income | 490/1 | €6,019 | €5,472 | -€547 | -9.1% |
| Total equity and liabilities | 10/49 | €427,868 | €490,133 | +€62,266 | +14.6% |
| Equity | 10/15 | €398,240 | €420,307 | +€22,067 | +5.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €233,109 | €255,176 | +€22,067 | +9.5% |
| Distributable reserves | 133 | €233,109 | €255,176 | +€22,067 | +9.5% |
| Profit (loss) carried forward | 14 | €152,731 | €152,731 | = | 0.0% |
| Amounts payable | 17/49 | €29,628 | €69,827 | +€40,198 | +136% |
| Amounts payable after more than one year | 17 | €1,149 | - | -€1,149 | |
| Financial debts | 170/4 | €1,149 | - | -€1,149 | |
| Amounts payable within one year | 42/48 | €28,480 | €69,827 | +€41,347 | +145% |
| Current portion of amounts payable after more than one year | 42 | €3,415 | €1,149 | -€2,267 | -66.4% |
| Financial debts | 43 | €4,444 | €4,441 | -€4 | -0.1% |
| Credit institutions | 430/8 | €4,444 | €4,441 | -€4 | -0.1% |
| Trade debts | 44 | €10,328 | €43,508 | +€33,180 | +321% |
| Suppliers | 440/4 | €10,328 | €43,508 | +€33,180 | +321% |
| Taxes, remuneration and social security | 45 | €10,292 | €20,729 | +€10,438 | +101% |
| Taxes | 450/3 | €5,661 | €15,815 | +€10,154 | +179% |
| Remuneration and social security | 454/9 | €4,631 | €4,915 | +€284 | +6.1% |
| Remuneration, social security and pensions | 62 | €53,080 | €45,509 | -€7,571 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,016 | €9,701 | +€686 | +7.6% |
| Other operating charges | 640/8 | €6,442 | €2,871 | -€3,571 | -55.4% |
| Gross operating margin | 9900 | €122,894 | €91,157 | -€31,737 | -25.8% |
| Operating profit (loss) | 9901 | €54,356 | €33,075 | -€21,280 | -39.2% |
| Financial income | 75/76B | €4,541 | €1,372 | -€3,169 | -69.8% |
| Recurring financial income | 75 | €4,541 | €1,372 | -€3,169 | -69.8% |
| Financial charges | 65/66B | €2,781 | €1,574 | -€1,207 | -43.4% |
| Recurring financial charges | 65 | €2,781 | €1,574 | -€1,207 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | €56,115 | €32,873 | -€23,242 | -41.4% |
| Income taxes | 67/77 | €17,888 | €10,806 | -€7,082 | -39.6% |
| Profit (loss) for the period | 9904 | €38,227 | €22,067 | -€16,160 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,227 | €22,067 | -€16,160 | -42.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.