Tuinen Cnudde: 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.
Tuinen Cnudde
Largest movements
- Cash +€31,247
up €31,247 (+1,103%), from €2,833 to €34,080
mainly Depreciation (+€38,801) and Trade debts (+€13,663)
- Receivables within one year +€13,634
up €13,634 (+79.6%), from €17,125 to €30,759
of which Other amounts receivable: +€7,858
- Tangible fixed assets -€10,875
down €10,875 (-17.7%), from €61,568 to €50,693
of which Furniture and vehicles: -€30,166
- Deferred charges and accrued income -€2,471
down €2,471 (-71.7%), from €3,449 to €977
- Financial fixed assets +€2,100
new in 2025: €2,100
- Trade debts +€13,663
up €13,663 (+125%), from €10,966 to €24,629
- Profit (loss) carried forward +€9,881
up €9,881 (+33.4%), from €29,622 to €39,503
- Tax, wage and social debts +€7,320
up €7,320 (+154%), from €4,753 to €12,073
- Debts after one year +€4,946
up €4,946 (+22.6%), from €21,852 to €26,798
- Other debts -€1,739
no longer reported in 2025 (was €1,739)
- Gross operating margin +€15,268
up €15,268 (+38.2%), from €39,983 to €55,251
- Depreciation +€3,831
up €3,831 (+11.0%), from €34,970 to €38,801
- Taxes +€2,351
up €2,351 (+297%), from €792 to €3,142
- Other operating charges -€969
down €969 (-40.7%), from €2,377 to €1,409
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 | €86,074 | €119,733 | +€33,658 | +39.1% |
| Fixed assets | 21/28 | €61,568 | €52,793 | -€8,775 | -14.3% |
| Tangible fixed assets | 22/27 | €61,568 | €50,693 | -€10,875 | -17.7% |
| Plant, machinery and equipment | 23 | €2,711 | €22,002 | +€19,291 | +712% |
| Furniture and vehicles | 24 | €58,857 | €28,691 | -€30,166 | -51.3% |
| Financial fixed assets | 28 | - | €2,100 | +€2,100 | |
| Current assets | 29/58 | €24,506 | €66,940 | +€42,434 | +173% |
| Stocks and contracts in progress | 3 | €1,100 | €1,124 | +€24 | +2.1% |
| Stocks | 30/36 | €1,100 | €1,124 | +€24 | +2.1% |
| Amounts receivable within one year | 40/41 | €17,125 | €30,759 | +€13,634 | +79.6% |
| Trade receivables | 40 | €16,857 | €22,633 | +€5,776 | +34.3% |
| Other amounts receivable | 41 | €268 | €8,126 | +€7,858 | +2,936% |
| Cash at bank and in hand | 54/58 | €2,833 | €34,080 | +€31,247 | +1,103% |
| Deferred charges and accrued income | 490/1 | €3,449 | €977 | -€2,471 | -71.7% |
| Total equity and liabilities | 10/49 | €86,074 | €119,733 | +€33,658 | +39.1% |
| Equity | 10/15 | €32,622 | €42,503 | +€9,881 | +30.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,622 | €39,503 | +€9,881 | +33.4% |
| Amounts payable | 17/49 | €53,452 | €77,230 | +€23,778 | +44.5% |
| Amounts payable after more than one year | 17 | €21,852 | €26,798 | +€4,946 | +22.6% |
| Financial debts | 170/4 | €21,852 | €26,798 | +€4,946 | +22.6% |
| Amounts payable within one year | 42/48 | €31,536 | €50,366 | +€18,830 | +59.7% |
| Current portion of amounts payable after more than one year | 42 | €14,078 | €13,664 | -€414 | -2.9% |
| Trade debts | 44 | €10,966 | €24,629 | +€13,663 | +125% |
| Suppliers | 440/4 | €10,966 | €24,629 | +€13,663 | +125% |
| Taxes, remuneration and social security | 45 | €4,753 | €12,073 | +€7,320 | +154% |
| Taxes | 450/3 | €4,753 | €12,073 | +€7,320 | +154% |
| Other amounts payable | 47/48 | €1,739 | - | -€1,739 | |
| Accrued charges and deferred income | 492/3 | €64 | €66 | +€2 | +3.0% |
| Non-recurring operating income | 76A | €1,031 | €2,841 | +€1,810 | +175% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,970 | €38,801 | +€3,831 | +11.0% |
| Other operating charges | 640/8 | €2,377 | €1,409 | -€969 | -40.7% |
| Gross operating margin | 9900 | €39,983 | €55,251 | +€15,268 | +38.2% |
| Operating profit (loss) | 9901 | €2,636 | €15,041 | +€12,405 | +471% |
| Financial income | 75/76B | €6 | €27 | +€21 | +347% |
| Recurring financial income | 75 | €6 | €27 | +€21 | +347% |
| Financial charges | 65/66B | €1,816 | €2,044 | +€229 | +12.6% |
| Recurring financial charges | 65 | €1,816 | €2,044 | +€229 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €826 | €13,023 | +€12,197 | +1,476% |
| Income taxes | 67/77 | €792 | €3,142 | +€2,351 | +297% |
| Profit (loss) for the period | 9904 | €35 | €9,881 | +€9,846 | +28,440% |
| Profit (loss) for the period to be appropriated | 9905 | €35 | €9,881 | +€9,846 | +28,440% |
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 30 October 2026 via checked.be.