TUINDECO: 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.
TUINDECO
Largest movements
- Tangible fixed assets -€20,417
down €20,417 (-22.2%), from €92,133 to €71,717
- Receivables within one year -€4,315
down €4,315 (-80.2%), from €5,382 to €1,067
of which Trade receivables: -€4,898
- Cash +€3,623
up €3,623 (+120.2%), from €3,015 to €6,637
mainly Depreciation (+€21,422) and Receivables within one year (+€4,315)
- Debts after one year -€9,386
down €9,386 (-28.5%), from €32,908 to €23,522
- Profit (loss) carried forward -€5,682
down €5,682 (-55.2%), from -€10,289 to -€15,972
- Other debts -€2,932
down €2,932 (-10.2%), from €28,830 to €25,898
- Current portion of long-term debt -€2,519
down €2,519 (-21.2%), from €11,904 to €9,386
- Gross operating margin +€4,025
up €4,025 (+25.7%), from €15,683 to €19,707
- Financial charges -€493
down €493 (-21.3%), from €2,315 to €1,822
- Depreciation -€253
down €253 (-1.2%), from €21,674 to €21,422
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 | €101,554 | €80,445 | -€21,109 | -20.8% |
| Fixed assets | 21/28 | €92,268 | €71,852 | -€20,417 | -22.1% |
| Tangible fixed assets | 22/27 | €92,133 | €71,717 | -€20,417 | -22.2% |
| Land and buildings | 22 | €24,000 | €21,600 | -€2,400 | -10.0% |
| Plant, machinery and equipment | 23 | €23,279 | €15,987 | -€7,292 | -31.3% |
| Furniture and vehicles | 24 | €4,185 | €2,804 | -€1,380 | -33.0% |
| Leasing and similar rights | 25 | €40,670 | €31,326 | -€9,344 | -23.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €9,286 | €8,593 | -€693 | -7.5% |
| Amounts receivable within one year | 40/41 | €5,382 | €1,067 | -€4,315 | -80.2% |
| Trade receivables | 40 | €5,020 | €122 | -€4,898 | -97.6% |
| Other amounts receivable | 41 | €362 | €944 | +€582 | +160.8% |
| Cash at bank and in hand | 54/58 | €3,015 | €6,637 | +€3,623 | +120.2% |
| Deferred charges and accrued income | 490/1 | €889 | €889 | = | 0.0% |
| Total equity and liabilities | 10/49 | €101,554 | €80,445 | -€21,109 | -20.8% |
| Equity | 10/15 | €24,330 | €18,647 | -€5,682 | -23.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €16,027 | €16,027 | = | 0.0% |
| Distributable reserves | 133 | €16,027 | €16,027 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,289 | -€15,972 | -€5,682 | -55.2% |
| Amounts payable | 17/49 | €77,225 | €61,798 | -€15,427 | -20.0% |
| Amounts payable after more than one year | 17 | €32,908 | €23,522 | -€9,386 | -28.5% |
| Financial debts | 170/4 | €32,908 | €23,522 | -€9,386 | -28.5% |
| Amounts payable within one year | 42/48 | €44,317 | €38,276 | -€6,041 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €11,904 | €9,386 | -€2,519 | -21.2% |
| Trade debts | 44 | €2,356 | €1,689 | -€667 | -28.3% |
| Suppliers | 440/4 | €2,356 | €1,689 | -€667 | -28.3% |
| Taxes, remuneration and social security | 45 | €1,227 | €1,303 | +€76 | +6.2% |
| Taxes | 450/3 | €1,227 | €1,303 | +€76 | +6.2% |
| Other amounts payable | 47/48 | €28,830 | €25,898 | -€2,932 | -10.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,674 | €21,422 | -€253 | -1.2% |
| Other operating charges | 640/8 | €1,926 | €2,096 | +€170 | +8.9% |
| Gross operating margin | 9900 | €15,683 | €19,707 | +€4,025 | +25.7% |
| Operating profit (loss) | 9901 | -€7,917 | -€3,810 | +€4,107 | +51.9% |
| Financial income | 75/76B | €2 | €10 | +€7 | +322.7% |
| Recurring financial income | 75 | €2 | €10 | +€7 | +322.7% |
| Financial charges | 65/66B | €2,315 | €1,822 | -€493 | -21.3% |
| Recurring financial charges | 65 | €2,315 | €1,822 | -€493 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,230 | -€5,623 | +€4,607 | +45.0% |
| Income taxes | 67/77 | €59 | €60 | +€0 | +0.8% |
| Profit (loss) for the period | 9904 | -€10,289 | -€5,682 | +€4,607 | +44.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,289 | -€5,682 | +€4,607 | +44.8% |
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 9 October 2026 via checked.be.