TUINEN MUTTON: what changed
Two fiscal 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 MUTTON
Largest movements
- Tangible fixed assets +€49,922
up €49,922 (+35.9%), from €139,240 to €189,162
of which Furniture and vehicles: +€59,294
- Cash +€25,303
up €25,303 (+24.6%), from €102,841 to €128,144
mainly Debts after one year (+€57,724) and Net result for the year (+€47,548)
- Deferred charges and accrued income +€10,162
up €10,162 (+168.1%), from €6,047 to €16,209
- Receivables within one year -€9,363
down €9,363 (-12.3%), from €75,947 to €66,584
of which Trade receivables: -€6,749
- Debts after one year +€57,724
up €57,724 (+91.6%), from €63,042 to €120,766
- Trade debts -€53,031
down €53,031 (-90.6%), from €58,539 to €5,508
- Profit (loss) carried forward +€47,548
up €47,548 (+32.6%), from €145,952 to €193,500
- Tax, wage and social debts +€12,544
up €12,544 (+62.7%), from €20,002 to €32,546
of which Taxes: +€12,681
- Current portion of long-term debt +€11,142
up €11,142 (+45.8%), from €24,330 to €35,472
- Gross operating margin +€18,083
up €18,083 (+13.1%), from €138,314 to €156,397
- Staff costs +€3,991
up €3,991 (+7.5%), from €53,044 to €57,035
- Taxes +€2,808
up €2,808 (+26.4%), from €10,617 to €13,425
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.
Cash bridge derived
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 | €326,125 | €402,149 | +€76,024 | +23.3% |
| Fixed assets | 21/28 | €139,290 | €189,212 | +€49,922 | +35.8% |
| Tangible fixed assets | 22/27 | €139,240 | €189,162 | +€49,922 | +35.9% |
| Land and buildings | 22 | €42,000 | €33,600 | -€8,400 | -20.0% |
| Plant, machinery and equipment | 23 | €19,538 | €18,566 | -€972 | -5.0% |
| Furniture and vehicles | 24 | €77,702 | €136,996 | +€59,294 | +76.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €186,835 | €212,937 | +€26,102 | +14.0% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €75,947 | €66,584 | -€9,363 | -12.3% |
| Trade receivables | 40 | €73,333 | €66,584 | -€6,749 | -9.2% |
| Other amounts receivable | 41 | €2,614 | - | -€2,614 | |
| Cash at bank and in hand | 54/58 | €102,841 | €128,144 | +€25,303 | +24.6% |
| Deferred charges and accrued income | 490/1 | €6,047 | €16,209 | +€10,162 | +168.1% |
| Total equity and liabilities | 10/49 | €326,125 | €402,149 | +€76,024 | +23.3% |
| Equity | 10/15 | €160,212 | €207,760 | +€47,548 | +29.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,952 | €193,500 | +€47,548 | +32.6% |
| Amounts payable | 17/49 | €165,913 | €194,389 | +€28,476 | +17.2% |
| Amounts payable after more than one year | 17 | €63,042 | €120,766 | +€57,724 | +91.6% |
| Financial debts | 170/4 | €63,042 | €120,766 | +€57,724 | +91.6% |
| Amounts payable within one year | 42/48 | €102,871 | €73,623 | -€29,248 | -28.4% |
| Current portion of amounts payable after more than one year | 42 | €24,330 | €35,472 | +€11,142 | +45.8% |
| Trade debts | 44 | €58,539 | €5,508 | -€53,031 | -90.6% |
| Suppliers | 440/4 | €58,539 | €5,508 | -€53,031 | -90.6% |
| Taxes, remuneration and social security | 45 | €20,002 | €32,546 | +€12,544 | +62.7% |
| Taxes | 450/3 | €11,072 | €23,753 | +€12,681 | +114.5% |
| Remuneration and social security | 454/9 | €8,930 | €8,793 | -€137 | -1.5% |
| Other amounts payable | 47/48 | - | €97 | +€97 | |
| Non-recurring operating income | 76A | - | €14,148 | +€14,148 | |
| Remuneration, social security and pensions | 62 | €53,044 | €57,035 | +€3,991 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,485 | €30,534 | +€49 | +0.2% |
| Other operating charges | 640/8 | €2,024 | €3,060 | +€1,036 | +51.2% |
| Gross operating margin | 9900 | €138,314 | €156,397 | +€18,083 | +13.1% |
| Operating profit (loss) | 9901 | €52,761 | €65,768 | +€13,007 | +24.7% |
| Financial charges | 65/66B | €4,911 | €4,795 | -€116 | -2.4% |
| Recurring financial charges | 65 | €4,911 | €4,795 | -€116 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €47,850 | €60,973 | +€13,123 | +27.4% |
| Income taxes | 67/77 | €10,617 | €13,425 | +€2,808 | +26.4% |
| Profit (loss) for the period | 9904 | €37,233 | €47,548 | +€10,315 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,233 | €47,548 | +€10,315 | +27.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.