Tuinen Vanbinst: 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 Vanbinst
Largest movements
- Tangible fixed assets +€104,006
up €104,006 (+66.0%), from €157,684 to €261,690
of which Leasing and similar rights: +€72,256
- Receivables within one year +€53,850
up €53,850 (+284%), from €18,942 to €72,792
of which Trade receivables: +€53,294
- Cash -€8,671
down €8,671 (-31.1%), from €27,905 to €19,233
mainly Investment in fixed assets (net) (-€143,513) and Receivables within one year (-€53,850)
- Debts after one year +€57,305
up €57,305 (+52.2%), from €109,796 to €167,101
- Trade debts +€44,141
up €44,141 (+315%), from €13,994 to €58,135
- Profit (loss) carried forward +€30,805
up €30,805 (+55.8%), from €55,189 to €85,994
- Tax, wage and social debts +€13,354
up €13,354 (+1,134%), from €1,177 to €14,531
of which Taxes: +€9,586
- Current portion of long-term debt +€11,804
up €11,804 (+61.5%), from €19,197 to €31,002
- Gross operating margin +€75,780
up €75,780 (+194%), from €39,070 to €114,850
- Staff costs +€23,111
new in 2025: €23,111
- Depreciation +€21,142
up €21,142 (+112%), from €18,819 to €39,961
- Taxes +€10,570
up €10,570 (+1,041%), from €1,016 to €11,586
- Financial charges +€4,551
up €4,551 (+103%), from €4,403 to €8,954
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 | €213,000 | €362,924 | +€149,923 | +70.4% |
| Fixed assets | 21/28 | €161,030 | €264,582 | +€103,552 | +64.3% |
| Intangible fixed assets | 21 | €1,611 | €1,157 | -€454 | -28.2% |
| Tangible fixed assets | 22/27 | €157,684 | €261,690 | +€104,006 | +66.0% |
| Plant, machinery and equipment | 23 | €5,175 | €18,747 | +€13,572 | +262% |
| Furniture and vehicles | 24 | €4,339 | €22,516 | +€18,178 | +419% |
| Leasing and similar rights | 25 | €148,171 | €220,427 | +€72,256 | +48.8% |
| Financial fixed assets | 28 | €1,735 | €1,735 | = | 0.0% |
| Current assets | 29/58 | €51,971 | €98,342 | +€46,371 | +89.2% |
| Amounts receivable within one year | 40/41 | €18,942 | €72,792 | +€53,850 | +284% |
| Trade receivables | 40 | €15,115 | €68,410 | +€53,294 | +353% |
| Other amounts receivable | 41 | €3,827 | €4,382 | +€556 | +14.5% |
| Cash at bank and in hand | 54/58 | €27,905 | €19,233 | -€8,671 | -31.1% |
| Deferred charges and accrued income | 490/1 | €5,124 | €6,316 | +€1,192 | +23.3% |
| Total equity and liabilities | 10/49 | €213,000 | €362,924 | +€149,923 | +70.4% |
| Equity | 10/15 | €57,122 | €87,927 | +€30,805 | +53.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €1,433 | €1,433 | = | 0.0% |
| Distributable reserves | 133 | €1,433 | €1,433 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,189 | €85,994 | +€30,805 | +55.8% |
| Amounts payable | 17/49 | €155,879 | €274,997 | +€119,118 | +76.4% |
| Amounts payable after more than one year | 17 | €109,796 | €167,101 | +€57,305 | +52.2% |
| Financial debts | 170/4 | €109,796 | €167,101 | +€57,305 | +52.2% |
| Amounts payable within one year | 42/48 | €45,282 | €107,095 | +€61,813 | +137% |
| Current portion of amounts payable after more than one year | 42 | €19,197 | €31,002 | +€11,804 | +61.5% |
| Trade debts | 44 | €13,994 | €58,135 | +€44,141 | +315% |
| Suppliers | 440/4 | €13,994 | €58,135 | +€44,141 | +315% |
| Taxes, remuneration and social security | 45 | €1,177 | €14,531 | +€13,354 | +1,134% |
| Taxes | 450/3 | €0 | €9,586 | +€9,586 | |
| Remuneration and social security | 454/9 | €1,177 | €4,945 | +€3,768 | +320% |
| Other amounts payable | 47/48 | €10,914 | €3,428 | -€7,486 | -68.6% |
| Accrued charges and deferred income | 492/3 | €800 | €800 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €23,111 | +€23,111 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,819 | €39,961 | +€21,142 | +112% |
| Other operating charges | 640/8 | €211 | €676 | +€465 | +220% |
| Gross operating margin | 9900 | €39,070 | €114,850 | +€75,780 | +194% |
| Operating profit (loss) | 9901 | €20,040 | €51,102 | +€31,062 | +155% |
| Financial income | 75/76B | €35 | €243 | +€208 | +590% |
| Recurring financial income | 75 | €35 | €243 | +€208 | +590% |
| Financial charges | 65/66B | €4,403 | €8,954 | +€4,551 | +103% |
| Recurring financial charges | 65 | €4,403 | €8,954 | +€4,551 | +103% |
| Profit (loss) for the period before taxes | 9903 | €15,672 | €42,391 | +€26,719 | +170% |
| Income taxes | 67/77 | €1,016 | €11,586 | +€10,570 | +1,041% |
| Profit (loss) for the period | 9904 | €14,656 | €30,805 | +€16,149 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €14,656 | €30,805 | +€16,149 | +110% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.