TUINEN IMPENS: 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 IMPENS
Largest movements
- Cash -€55,833
down €55,833 (-38.8%), from €143,956 to €88,122
mainly Investment in fixed assets (net) (-€139,385) and Other debts (-€59,546)
- Tangible fixed assets +€47,240
up €47,240 (+25.9%), from €182,188 to €229,429
of which Furniture and vehicles: +€91,561
- Receivables within one year +€39,775
up €39,775 (+32.5%), from €122,405 to €162,179
of which Trade receivables: +€38,536
- Stocks and contracts +€18,658
up €18,658 (+45.1%), from €41,343 to €60,000
of which Contracts in progress: +€15,998
- Debts after one year +€71,460
new in 2025: €71,460
- Other debts -€59,546
down €59,546 (-19.9%), from €299,120 to €239,575
- Tax, wage and social debts -€28,047
down €28,047 (-54.8%), from €51,216 to €23,169
of which Taxes: -€17,618
- Current portion of long-term debt +€26,662
up €26,662, from €0 to €26,662
- Reserves +€26,065
up €26,065 (+23.8%), from €109,599 to €135,664
- Gross operating margin +€25,956
up €25,956 (+12.7%), from €204,641 to €230,597
- Depreciation +€9,517
up €9,517 (+11.5%), from €82,493 to €92,010
- Staff costs +€2,858
up €2,858 (+2.9%), from €99,208 to €102,067
- Financial charges +€2,391
up €2,391 (+328%), from €729 to €3,120
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 | €496,425 | €541,146 | +€44,721 | +9.0% |
| Fixed assets | 21/28 | €182,188 | €229,564 | +€47,375 | +26.0% |
| Tangible fixed assets | 22/27 | €182,188 | €229,429 | +€47,240 | +25.9% |
| Plant, machinery and equipment | 23 | €101,389 | €57,069 | -€44,320 | -43.7% |
| Furniture and vehicles | 24 | €80,799 | €172,360 | +€91,561 | +113% |
| Financial fixed assets | 28 | - | €135 | +€135 | |
| Current assets | 29/58 | €314,237 | €311,582 | -€2,655 | -0.8% |
| Stocks and contracts in progress | 3 | €41,343 | €60,000 | +€18,658 | +45.1% |
| Stocks | 30/36 | €17,340 | €20,000 | +€2,660 | +15.3% |
| Contracts in progress | 37 | €24,003 | €40,000 | +€15,998 | +66.6% |
| Amounts receivable within one year | 40/41 | €122,405 | €162,179 | +€39,775 | +32.5% |
| Trade receivables | 40 | €121,694 | €160,230 | +€38,536 | +31.7% |
| Other amounts receivable | 41 | €711 | €1,949 | +€1,239 | +174% |
| Cash at bank and in hand | 54/58 | €143,956 | €88,122 | -€55,833 | -38.8% |
| Deferred charges and accrued income | 490/1 | €6,534 | €1,280 | -€5,254 | -80.4% |
| Total equity and liabilities | 10/49 | €496,425 | €541,146 | +€44,721 | +9.0% |
| Equity | 10/15 | €114,604 | €140,670 | +€26,066 | +22.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €109,599 | €135,664 | +€26,065 | +23.8% |
| Distributable reserves | 133 | €109,599 | €135,664 | +€26,065 | +23.8% |
| Profit (loss) carried forward | 14 | €5 | €6 | +€1 | +15.6% |
| Amounts payable | 17/49 | €381,821 | €400,475 | +€18,655 | +4.9% |
| Amounts payable after more than one year | 17 | - | €71,460 | +€71,460 | |
| Financial debts | 170/4 | - | €71,460 | +€71,460 | |
| Amounts payable within one year | 42/48 | €381,821 | €329,015 | -€52,805 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | €26,662 | +€26,662 | |
| Trade debts | 44 | €31,484 | €39,610 | +€8,125 | +25.8% |
| Suppliers | 440/4 | €31,484 | €39,610 | +€8,125 | +25.8% |
| Taxes, remuneration and social security | 45 | €51,216 | €23,169 | -€28,047 | -54.8% |
| Taxes | 450/3 | €28,664 | €11,046 | -€17,618 | -61.5% |
| Remuneration and social security | 454/9 | €22,552 | €12,122 | -€10,429 | -46.2% |
| Other amounts payable | 47/48 | €299,120 | €239,575 | -€59,546 | -19.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €99,208 | €102,067 | +€2,858 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,493 | €92,010 | +€9,517 | +11.5% |
| Other operating charges | 640/8 | €851 | €1,047 | +€196 | +23.0% |
| Gross operating margin | 9900 | €204,641 | €230,597 | +€25,956 | +12.7% |
| Operating profit (loss) | 9901 | €22,089 | €35,474 | +€13,385 | +60.6% |
| Financial income | 75/76B | €43 | €30 | -€13 | -30.4% |
| Recurring financial income | 75 | €43 | €30 | -€13 | -30.4% |
| Financial charges | 65/66B | €729 | €3,120 | +€2,391 | +328% |
| Recurring financial charges | 65 | €729 | €3,120 | +€2,391 | +328% |
| Profit (loss) for the period before taxes | 9903 | €21,403 | €32,384 | +€10,981 | +51.3% |
| Income taxes | 67/77 | €5,104 | €6,318 | +€1,215 | +23.8% |
| Profit (loss) for the period | 9904 | €16,300 | €26,066 | +€9,766 | +59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,300 | €26,066 | +€9,766 | +59.9% |
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 28 October 2026 via checked.be.