Tuinen Borremans: what changed
Tuinen Borremans
Largest movements
- Receivables within one year -€37,106
down €37,106 (-71.7%), from €51,738 to €14,632
of which Trade receivables: -€37,078
- Tangible fixed assets -€21,062
down €21,062 (-18.3%), from €115,397 to €94,335
of which Furniture and vehicles: -€23,766
- Stocks and contracts +€7,013
new in 2025: €7,013
- Cash +€3,792
up €3,792 (+115%), from €3,303 to €7,095
mainly Receivables within one year (+€37,106) and Debts after one year (+€30,716)
- Trade debts -€90,603
down €90,603 (-90.6%), from €100,057 to €9,453
- Debts after one year +€30,716
up €30,716 (+55.4%), from €55,443 to €86,159
of which Financial debts: +€36,200
- Current portion of long-term debt +€7,682
up €7,682 (+80.0%), from €9,601 to €17,283
- Tax, wage and social debts +€6,106
up €6,106 (+2,199%), from €278 to €6,384
of which Remuneration and social security: +€6,106
- Accrued charges and deferred income -€3,999
down €3,999 (-100%), from €3,999 to €0
- Other operating charges -€19,469
down €19,469 (-95.7%), from €20,335 to €867
- Depreciation +€10,109
up €10,109 (+196%), from €5,146 to €15,254
- Gross operating margin +€3,474
up €3,474 (+12.0%), from €28,985 to €32,459
- Financial charges +€2,642
up €2,642 (+161%), from €1,644 to €4,286
- Taxes +€1,480
new in 2025: €1,480
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,438 | €123,333 | -€47,104 | -27.6% |
| Fixed assets | 21/28 | €115,397 | €94,335 | -€21,062 | -18.3% |
| Tangible fixed assets | 22/27 | €115,397 | €94,335 | -€21,062 | -18.3% |
| Plant, machinery and equipment | 23 | €14,972 | €17,676 | +€2,704 | +18.1% |
| Furniture and vehicles | 24 | €100,426 | €76,660 | -€23,766 | -23.7% |
| Current assets | 29/58 | €55,040 | €28,998 | -€26,043 | -47.3% |
| Stocks and contracts in progress | 3 | - | €7,013 | +€7,013 | |
| Stocks | 30/36 | - | €7,013 | +€7,013 | |
| Amounts receivable within one year | 40/41 | €51,738 | €14,632 | -€37,106 | -71.7% |
| Trade receivables | 40 | €48,271 | €11,193 | -€37,078 | -76.8% |
| Other amounts receivable | 41 | €3,467 | €3,439 | -€28 | -0.8% |
| Cash at bank and in hand | 54/58 | €3,303 | €7,095 | +€3,792 | +115% |
| Deferred charges and accrued income | 490/1 | - | €258 | +€258 | |
| Total equity and liabilities | 10/49 | €170,438 | €123,333 | -€47,104 | -27.6% |
| Equity | 10/15 | €922 | €2,986 | +€2,064 | +224% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €986 | +€986 | |
| Distributable reserves | 133 | - | €986 | +€986 | |
| Profit (loss) carried forward | 14 | -€1,078 | €0 | +€1,078 | |
| Amounts payable | 17/49 | €169,516 | €120,347 | -€49,168 | -29.0% |
| Amounts payable after more than one year | 17 | €55,443 | €86,159 | +€30,716 | +55.4% |
| Financial debts | 170/4 | €22,443 | €58,643 | +€36,200 | +161% |
| Other amounts payable | 178/9 | €33,000 | €27,516 | -€5,484 | -16.6% |
| Amounts payable within one year | 42/48 | €110,073 | €34,188 | -€75,885 | -68.9% |
| Current portion of amounts payable after more than one year | 42 | €9,601 | €17,283 | +€7,682 | +80.0% |
| Financial debts | 43 | - | €1,068 | +€1,068 | |
| Credit institutions | 430/8 | - | €1,068 | +€1,068 | |
| Trade debts | 44 | €100,057 | €9,453 | -€90,603 | -90.6% |
| Suppliers | 440/4 | €100,057 | €9,453 | -€90,603 | -90.6% |
| Taxes, remuneration and social security | 45 | €278 | €6,384 | +€6,106 | +2,199% |
| Taxes | 450/3 | €278 | €278 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €6,106 | +€6,106 | |
| Other amounts payable | 47/48 | €138 | €0 | -€138 | -100% |
| Accrued charges and deferred income | 492/3 | €3,999 | €0 | -€3,999 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,146 | €15,254 | +€10,109 | +196% |
| Other operating charges | 640/8 | €20,335 | €867 | -€19,469 | -95.7% |
| Non-recurring operating charges | 66A | - | €8,672 | +€8,672 | |
| Gross operating margin | 9900 | €28,985 | €32,459 | +€3,474 | +12.0% |
| Operating profit (loss) | 9901 | €3,504 | €7,666 | +€4,162 | +119% |
| Financial income | 75/76B | €13 | €163 | +€150 | +1,161% |
| Recurring financial income | 75 | €13 | €163 | +€150 | +1,161% |
| Financial charges | 65/66B | €1,644 | €4,286 | +€2,642 | +161% |
| Recurring financial charges | 65 | €1,644 | €4,286 | +€2,642 | +161% |
| Profit (loss) for the period before taxes | 9903 | €1,874 | €3,544 | +€1,670 | +89.1% |
| Income taxes | 67/77 | - | €1,480 | +€1,480 | |
| Profit (loss) for the period | 9904 | €1,874 | €2,064 | +€190 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,874 | €2,064 | +€190 | +10.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.