TUINEN MOL: 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 MOL
Largest movements
- Current investments +€207,787
new in 2025: €207,787
- Cash +€189,459
up €189,459 (+79.4%), from €238,487 to €427,946
mainly Net result for the year (+€266,905) and Depreciation (+€105,229)
- Tangible fixed assets +€85,726
up €85,726 (+12.2%), from €703,438 to €789,164
of which Plant, machinery and equipment: +€77,062
- Deferred charges and accrued income -€55,325
no longer reported in 2025 (was €55,325)
- Receivables within one year -€49,665
down €49,665 (-18.0%), from €276,332 to €226,667
of which Trade receivables: -€64,547
- Reserves +€203,347
up €203,347 (+17.9%), from €1.1m to €1.3m
of which Distributable reserves: +€214,280
- Other debts +€66,151
new in 2025: €66,151
- Debts after one year +€58,269
up €58,269 (+52.8%), from €110,355 to €168,623
- Trade debts +€32,894
up €32,894 (+22.4%), from €146,752 to €179,646
- Current portion of long-term debt +€19,902
new in 2025: €19,902
- Gross operating margin +€405,435
up €405,435 (+49.6%), from €817,579 to €1.2m
- Staff costs +€90,341
up €90,341 (+13.7%), from €657,285 to €747,626
- Taxes +€75,174
up €75,174 (+669%), from €11,230 to €86,404
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 | €1,455,133 | €1,838,626 | +€383,493 | +26.4% |
| Fixed assets | 21/28 | €704,295 | €789,164 | +€84,869 | +12.1% |
| Intangible fixed assets | 21 | €857 | €0 | -€857 | -100% |
| Tangible fixed assets | 22/27 | €703,438 | €789,164 | +€85,726 | +12.2% |
| Land and buildings | 22 | €262,899 | €250,164 | -€12,735 | -4.8% |
| Plant, machinery and equipment | 23 | €219,823 | €296,885 | +€77,062 | +35.1% |
| Furniture and vehicles | 24 | €81,916 | €120,665 | +€38,749 | +47.3% |
| Leasing and similar rights | 25 | €138,800 | €121,450 | -€17,350 | -12.5% |
| Current assets | 29/58 | €750,838 | €1,049,461 | +€298,623 | +39.8% |
| Stocks and contracts in progress | 3 | €180,693 | €187,061 | +€6,368 | +3.5% |
| Stocks | 30/36 | €180,693 | €187,061 | +€6,368 | +3.5% |
| Amounts receivable within one year | 40/41 | €276,332 | €226,667 | -€49,665 | -18.0% |
| Trade receivables | 40 | €243,328 | €178,781 | -€64,547 | -26.5% |
| Other amounts receivable | 41 | €33,004 | €47,886 | +€14,882 | +45.1% |
| Current investments | 50/53 | - | €207,787 | +€207,787 | |
| Cash at bank and in hand | 54/58 | €238,487 | €427,946 | +€189,459 | +79.4% |
| Deferred charges and accrued income | 490/1 | €55,325 | - | -€55,325 | |
| Total equity and liabilities | 10/49 | €1,455,133 | €1,838,626 | +€383,493 | +26.4% |
| Equity | 10/15 | €1,138,912 | €1,342,260 | +€203,347 | +17.9% |
| Reserves | 13 | €1,138,912 | €1,342,260 | +€203,347 | +17.9% |
| Non-distributable reserves | 130/1 | €283,558 | €220,000 | -€63,558 | -22.4% |
| Reserves not available under the articles | 1311 | €283,558 | €220,000 | -€63,558 | -22.4% |
| Tax-exempt reserves | 132 | - | €52,625 | +€52,625 | |
| Distributable reserves | 133 | €855,354 | €1,069,635 | +€214,280 | +25.1% |
| Amounts payable | 17/49 | €316,221 | €496,366 | +€180,145 | +57.0% |
| Amounts payable after more than one year | 17 | €110,355 | €168,623 | +€58,269 | +52.8% |
| Financial debts | 170/4 | €110,355 | €168,623 | +€58,269 | +52.8% |
| Amounts payable within one year | 42/48 | €205,866 | €327,743 | +€121,877 | +59.2% |
| Current portion of amounts payable after more than one year | 42 | - | €19,902 | +€19,902 | |
| Trade debts | 44 | €146,752 | €179,646 | +€32,894 | +22.4% |
| Suppliers | 440/4 | €146,752 | €179,646 | +€32,894 | +22.4% |
| Taxes, remuneration and social security | 45 | €59,114 | €62,044 | +€2,930 | +5.0% |
| Taxes | 450/3 | €870 | €870 | = | 0.0% |
| Remuneration and social security | 454/9 | €58,244 | €61,173 | +€2,930 | +5.0% |
| Other amounts payable | 47/48 | - | €66,151 | +€66,151 | |
| Non-recurring operating income | 76A | - | €1,645 | +€1,645 | |
| Remuneration, social security and pensions | 62 | €657,285 | €747,626 | +€90,341 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,448 | €105,229 | -€219 | -0.2% |
| Other operating charges | 640/8 | €9,752 | €16,629 | +€6,878 | +70.5% |
| Non-recurring operating charges | 66A | €3,131 | - | -€3,131 | |
| Gross operating margin | 9900 | €817,579 | €1,223,014 | +€405,435 | +49.6% |
| Operating profit (loss) | 9901 | €41,964 | €353,530 | +€311,566 | +742% |
| Financial income | 75/76B | €2,962 | €3,518 | +€556 | +18.8% |
| Recurring financial income | 75 | €2,962 | €3,518 | +€556 | +18.8% |
| Financial charges | 65/66B | €2,665 | €3,738 | +€1,074 | +40.3% |
| Recurring financial charges | 65 | €2,665 | €3,738 | +€1,074 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €42,261 | €353,309 | +€311,048 | +736% |
| Income taxes | 67/77 | €11,230 | €86,404 | +€75,174 | +669% |
| Profit (loss) for the period | 9904 | €31,031 | €266,905 | +€235,875 | +760% |
| Transfer to tax-exempt reserves | 689 | - | €52,625 | +€52,625 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,031 | €214,280 | +€183,250 | +591% |
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 29 October 2026 via checked.be.