TUINEN VAN WIN: what changed
TUINEN VAN WIN
Largest movements
- Tangible fixed assets +€44,318
up €44,318 (+30.0%), from €147,708 to €192,026
of which Plant, machinery and equipment: +€82,301
- Receivables within one year +€22,825
up €22,825 (+43.4%), from €52,538 to €75,363
of which Other amounts receivable: +€33,493
- Cash +€7,721
up €7,721 (+8.0%), from €96,143 to €103,864
mainly Depreciation (+€81,090) and Net result for the year (+€34,826)
- Reserves +€34,826
up €34,826 (+23.5%), from €148,054 to €182,879
- Debts after one year +€27,867
up €27,867 (+36.7%), from €75,986 to €103,853
- Current portion of long-term debt +€17,994
up €17,994 (+68.3%), from €26,362 to €44,356
- Trade debts -€13,834
down €13,834 (-67.6%), from €20,474 to €6,640
- Tax, wage and social debts +€4,670
up €4,670 (+38.0%), from €12,299 to €16,969
of which Remuneration and social security: +€6,029
- Depreciation +€22,782
up €22,782 (+39.1%), from €58,308 to €81,090
- Gross operating margin +€18,185
up €18,185 (+15.2%), from €119,548 to €137,733
- Taxes -€3,959
down €3,959 (-27.3%), from €14,481 to €10,522
- Staff costs +€1,739
new in 2025: €1,739
- Financial charges +€1,530
up €1,530 (+21.8%), from €7,027 to €8,557
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €296,625 | €371,482 | +€74,857 | +25.2% |
| Fixed assets | 21/28 | €147,708 | €192,026 | +€44,318 | +30.0% |
| Tangible fixed assets | 22/27 | €147,708 | €192,026 | +€44,318 | +30.0% |
| Land and buildings | 22 | €18,200 | €18,200 | = | 0.0% |
| Plant, machinery and equipment | 23 | €48,307 | €130,608 | +€82,301 | +170% |
| Furniture and vehicles | 24 | €81,200 | €43,217 | -€37,983 | -46.8% |
| Current assets | 29/58 | €148,917 | €179,456 | +€30,539 | +20.5% |
| Amounts receivable within one year | 40/41 | €52,538 | €75,363 | +€22,825 | +43.4% |
| Trade receivables | 40 | €50,538 | €39,870 | -€10,668 | -21.1% |
| Other amounts receivable | 41 | €2,000 | €35,493 | +€33,493 | +1,675% |
| Cash at bank and in hand | 54/58 | €96,143 | €103,864 | +€7,721 | +8.0% |
| Deferred charges and accrued income | 490/1 | €237 | €229 | -€7 | -3.0% |
| Total equity and liabilities | 10/49 | €296,625 | €371,482 | +€74,857 | +25.2% |
| Equity | 10/15 | €158,054 | €192,879 | +€34,826 | +22.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €148,054 | €182,879 | +€34,826 | +23.5% |
| Distributable reserves | 133 | €148,054 | €182,879 | +€34,826 | +23.5% |
| Amounts payable | 17/49 | €138,571 | €178,602 | +€40,031 | +28.9% |
| Amounts payable after more than one year | 17 | €75,986 | €103,853 | +€27,867 | +36.7% |
| Financial debts | 170/4 | €75,986 | €103,853 | +€27,867 | +36.7% |
| Amounts payable within one year | 42/48 | €62,198 | €74,350 | +€12,152 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €26,362 | €44,356 | +€17,994 | +68.3% |
| Trade debts | 44 | €20,474 | €6,640 | -€13,834 | -67.6% |
| Suppliers | 440/4 | €20,474 | €6,640 | -€13,834 | -67.6% |
| Taxes, remuneration and social security | 45 | €12,299 | €16,969 | +€4,670 | +38.0% |
| Taxes | 450/3 | €9,299 | €7,940 | -€1,359 | -14.6% |
| Remuneration and social security | 454/9 | €3,000 | €9,029 | +€6,029 | +201% |
| Other amounts payable | 47/48 | €3,063 | €6,385 | +€3,322 | +108% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Remuneration, social security and pensions | 62 | - | €1,739 | +€1,739 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,308 | €81,090 | +€22,782 | +39.1% |
| Other operating charges | 640/8 | €1,777 | €1,532 | -€245 | -13.8% |
| Gross operating margin | 9900 | €119,548 | €137,733 | +€18,185 | +15.2% |
| Operating profit (loss) | 9901 | €59,462 | €53,372 | -€6,090 | -10.2% |
| Financial income | 75/76B | €541 | €532 | -€9 | -1.6% |
| Recurring financial income | 75 | €541 | €532 | -€9 | -1.6% |
| Financial charges | 65/66B | €7,027 | €8,557 | +€1,530 | +21.8% |
| Recurring financial charges | 65 | €7,027 | €8,557 | +€1,530 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | €52,976 | €45,347 | -€7,629 | -14.4% |
| Income taxes | 67/77 | €14,481 | €10,522 | -€3,959 | -27.3% |
| Profit (loss) for the period | 9904 | €38,496 | €34,826 | -€3,670 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,496 | €34,826 | -€3,670 | -9.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.