Tuinen Massagé: 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 Massagé
Largest movements
- Receivables within one year -€47,113
down €47,113 (-53.8%), from €87,637 to €40,523
of which Trade receivables: -€47,453
- Cash -€27,055
down €27,055 (-84.8%), from €31,895 to €4,840
mainly Trade debts (-€48,397) and Tax, wage and social debts (-€15,349)
- Tangible fixed assets -€7,659
down €7,659 (-12.7%), from €60,094 to €52,435
of which Plant, machinery and equipment: -€4,789
- Deferred charges and accrued income +€7,500
new in 2025: €7,500
- Trade debts -€48,397
down €48,397 (-61.3%), from €78,914 to €30,517
- Tax, wage and social debts -€15,349
down €15,349 (-77.5%), from €19,795 to €4,446
- Debts after one year -€6,938
down €6,938 (-20.4%), from €34,067 to €27,129
- Other debts -€4,121
down €4,121 (-19.4%), from €21,282 to €17,161
- Gross operating margin -€2,491
down €2,491 (-14.4%), from €17,286 to €14,795
- Depreciation -€1,174
down €1,174 (-11.3%), from €10,382 to €9,209
- Financial charges -€891
down €891 (-29.4%), from €3,031 to €2,139
- Taxes +€829
up €829, from -€7 to €822
- Financial income -€214
down €214 (-91.0%), from €235 to €21
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 | €189,506 | €116,530 | -€72,976 | -38.5% |
| Fixed assets | 21/28 | €60,124 | €52,465 | -€7,659 | -12.7% |
| Tangible fixed assets | 22/27 | €60,094 | €52,435 | -€7,659 | -12.7% |
| Plant, machinery and equipment | 23 | €51,508 | €46,719 | -€4,789 | -9.3% |
| Furniture and vehicles | 24 | €7,887 | €5,201 | -€2,687 | -34.1% |
| Other tangible fixed assets | 26 | €699 | €516 | -€183 | -26.2% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €129,382 | €64,064 | -€65,318 | -50.5% |
| Stocks and contracts in progress | 3 | €9,851 | €11,201 | +€1,350 | +13.7% |
| Stocks | 30/36 | €9,851 | €11,201 | +€1,350 | +13.7% |
| Amounts receivable within one year | 40/41 | €87,637 | €40,523 | -€47,113 | -53.8% |
| Trade receivables | 40 | €87,482 | €40,029 | -€47,453 | -54.2% |
| Other amounts receivable | 41 | €155 | €495 | +€340 | +220% |
| Cash at bank and in hand | 54/58 | €31,895 | €4,840 | -€27,055 | -84.8% |
| Deferred charges and accrued income | 490/1 | - | €7,500 | +€7,500 | |
| Total equity and liabilities | 10/49 | €189,506 | €116,530 | -€72,976 | -38.5% |
| Equity | 10/15 | €28,844 | €30,343 | +€1,499 | +5.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,167 | €19,167 | +€1,000 | +5.5% |
| Non-distributable reserves | 130/1 | €267 | €267 | = | 0.0% |
| Reserves not available under the articles | 1311 | €267 | €267 | = | 0.0% |
| Distributable reserves | 133 | €17,900 | €18,900 | +€1,000 | +5.6% |
| Profit (loss) carried forward | 14 | €4,477 | €4,976 | +€499 | +11.2% |
| Amounts payable | 17/49 | €160,662 | €86,187 | -€74,476 | -46.4% |
| Amounts payable after more than one year | 17 | €34,067 | €27,129 | -€6,938 | -20.4% |
| Financial debts | 170/4 | €34,067 | €27,129 | -€6,938 | -20.4% |
| Amounts payable within one year | 42/48 | €126,595 | €59,058 | -€67,538 | -53.3% |
| Current portion of amounts payable after more than one year | 42 | €6,605 | €6,934 | +€329 | +5.0% |
| Trade debts | 44 | €78,914 | €30,517 | -€48,397 | -61.3% |
| Suppliers | 440/4 | €78,914 | €30,517 | -€48,397 | -61.3% |
| Taxes, remuneration and social security | 45 | €19,795 | €4,446 | -€15,349 | -77.5% |
| Taxes | 450/3 | €19,795 | €4,446 | -€15,349 | -77.5% |
| Other amounts payable | 47/48 | €21,282 | €17,161 | -€4,121 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,382 | €9,209 | -€1,174 | -11.3% |
| Other operating charges | 640/8 | €949 | €1,147 | +€198 | +20.9% |
| Gross operating margin | 9900 | €17,286 | €14,795 | -€2,491 | -14.4% |
| Operating profit (loss) | 9901 | €5,955 | €4,440 | -€1,515 | -25.4% |
| Financial income | 75/76B | €235 | €21 | -€214 | -91.0% |
| Recurring financial income | 75 | €235 | €21 | -€214 | -91.0% |
| Financial charges | 65/66B | €3,031 | €2,139 | -€891 | -29.4% |
| Recurring financial charges | 65 | €3,031 | €2,139 | -€891 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €3,160 | €2,322 | -€838 | -26.5% |
| Income taxes | 67/77 | -€7 | €822 | +€829 | |
| Profit (loss) for the period | 9904 | €3,167 | €1,499 | -€1,667 | -52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,167 | €1,499 | -€1,667 | -52.7% |
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 30 October 2026 via checked.be.