Tuinen Thomas: 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 Thomas
Largest movements
- Tangible fixed assets +€162,374
up €162,374 (+4,848%), from €3,350 to €165,723
of which Furniture and vehicles: +€152,657
- Intangible fixed assets +€20,488
up €20,488 (+1,628%), from €1,259 to €21,746
- Cash -€15,173
down €15,173 (-58.6%), from €25,891 to €10,718
mainly Investment in fixed assets (net) (-€217,885) and Stocks and contracts (-€4,042)
- Stocks and contracts +€4,042
new in 2025: €4,042
- Deferred charges and accrued income +€2,627
up €2,627 (+120%), from €2,196 to €4,823
- Other debts +€54,377
up €54,377 (+370%), from €14,682 to €69,058
- Debts after one year +€39,784
new in 2025: €39,784
- Reserves +€35,957
up €35,957 (+382%), from €9,403 to €45,360
- Current portion of long-term debt +€26,367
new in 2025: €26,367
- Tax, wage and social debts +€13,929
up €13,929 (+450%), from €3,097 to €17,026
- Gross operating margin +€77,163
up €77,163 (+567%), from €13,608 to €90,771
- Depreciation +€34,959
up €34,959 (+54,360%), from €64 to €35,023
- Taxes +€12,588
up €12,588 (+406%), from €3,097 to €15,685
- Financial charges +€2,251
up €2,251 (+18,495%), from €12 to €2,263
- Other operating charges +€951
up €951 (+92.2%), from €1,031 to €1,982
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 | €38,323 | €211,159 | +€172,836 | +451% |
| Fixed assets | 21/28 | €4,608 | €187,470 | +€182,861 | +3,968% |
| Intangible fixed assets | 21 | €1,259 | €21,746 | +€20,488 | +1,628% |
| Tangible fixed assets | 22/27 | €3,350 | €165,723 | +€162,374 | +4,848% |
| Plant, machinery and equipment | 23 | €3,350 | €13,067 | +€9,717 | +290% |
| Furniture and vehicles | 24 | - | €152,657 | +€152,657 | |
| Current assets | 29/58 | €33,715 | €23,690 | -€10,025 | -29.7% |
| Stocks and contracts in progress | 3 | - | €4,042 | +€4,042 | |
| Stocks | 30/36 | - | €4,042 | +€4,042 | |
| Amounts receivable within one year | 40/41 | €5,628 | €4,107 | -€1,521 | -27.0% |
| Trade receivables | 40 | €5,308 | €4,107 | -€1,201 | -22.6% |
| Other amounts receivable | 41 | €320 | €0 | -€320 | -100% |
| Cash at bank and in hand | 54/58 | €25,891 | €10,718 | -€15,173 | -58.6% |
| Deferred charges and accrued income | 490/1 | €2,196 | €4,823 | +€2,627 | +120% |
| Total equity and liabilities | 10/49 | €38,323 | €211,159 | +€172,836 | +451% |
| Equity | 10/15 | €15,403 | €51,360 | +€35,957 | +233% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €9,403 | €45,360 | +€35,957 | +382% |
| Distributable reserves | 133 | €9,403 | €45,360 | +€35,957 | +382% |
| Amounts payable | 17/49 | €22,920 | €159,799 | +€136,879 | +597% |
| Amounts payable after more than one year | 17 | - | €39,784 | +€39,784 | |
| Financial debts | 170/4 | - | €39,784 | +€39,784 | |
| Amounts payable within one year | 42/48 | €22,920 | €120,015 | +€97,096 | +424% |
| Current portion of amounts payable after more than one year | 42 | - | €26,367 | +€26,367 | |
| Trade debts | 44 | €5,141 | €7,565 | +€2,424 | +47.1% |
| Suppliers | 440/4 | €5,141 | €7,565 | +€2,424 | +47.1% |
| Taxes, remuneration and social security | 45 | €3,097 | €17,026 | +€13,929 | +450% |
| Taxes | 450/3 | €3,097 | €17,026 | +€13,929 | +450% |
| Other amounts payable | 47/48 | €14,682 | €69,058 | +€54,377 | +370% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64 | €35,023 | +€34,959 | +54,360% |
| Other operating charges | 640/8 | €1,031 | €1,982 | +€951 | +92.2% |
| Gross operating margin | 9900 | €13,608 | €90,771 | +€77,163 | +567% |
| Operating profit (loss) | 9901 | €12,512 | €53,766 | +€41,254 | +330% |
| Financial income | 75/76B | €0 | €139 | +€139 | +694,350% |
| Recurring financial income | 75 | €0 | €139 | +€139 | +694,350% |
| Financial charges | 65/66B | €12 | €2,263 | +€2,251 | +18,495% |
| Recurring financial charges | 65 | €12 | €2,263 | +€2,251 | +18,495% |
| Profit (loss) for the period before taxes | 9903 | €12,500 | €51,642 | +€39,142 | +313% |
| Income taxes | 67/77 | €3,097 | €15,685 | +€12,588 | +406% |
| Profit (loss) for the period | 9904 | €9,403 | €35,957 | +€26,554 | +282% |
| Profit (loss) for the period to be appropriated | 9905 | €9,403 | €35,957 | +€26,554 | +282% |
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 14 October 2026 via checked.be.