TUINEN VCS: 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 VCS
Largest movements
- Current investments -€17,354
no longer reported in 2025 (was €17,354)
- Tangible fixed assets -€4,252
down €4,252 (-17.9%), from €23,820 to €19,568
of which Leasing and similar rights: -€6,525
- Cash -€2,547
down €2,547 (-25.4%), from €10,010 to €7,463
mainly Debts after one year (-€15,346) and Current portion of long-term debt (-€14,863)
- Receivables within one year +€2,154
up €2,154 (+5.8%), from €37,412 to €39,567
of which Trade receivables: +€2,014
- Deferred charges and accrued income -€2,047
down €2,047 (-65.2%), from €3,137 to €1,090
- Debts after one year -€15,346
down €15,346 (-28.1%), from €54,558 to €39,211
- Current portion of long-term debt -€14,863
down €14,863 (-67.1%), from €22,150 to €7,287
- Trade debts +€7,476
up €7,476 (+132%), from €5,673 to €13,149
- Tax, wage and social debts -€2,086
no longer reported in 2025 (was €2,086)
- Gross operating margin +€23,341
up €23,341, from -€11,802 to €11,539
- Depreciation -€5,264
down €5,264 (-35.1%), from €15,016 to €9,752
- Financial charges +€1,137
up €1,137 (+183%), from €620 to €1,757
- Staff costs +€1,004
no longer reported in 2025 (was -€1,004)
- Financial income +€573
up €573 (+1,251%), from €46 to €618
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 | €95,277 | €70,472 | -€24,805 | -26.0% |
| Fixed assets | 21/28 | €23,820 | €19,568 | -€4,252 | -17.9% |
| Tangible fixed assets | 22/27 | €23,820 | €19,568 | -€4,252 | -17.9% |
| Plant, machinery and equipment | 23 | €6,778 | €9,051 | +€2,273 | +33.5% |
| Leasing and similar rights | 25 | €17,042 | €10,517 | -€6,525 | -38.3% |
| Current assets | 29/58 | €71,457 | €50,904 | -€20,553 | -28.8% |
| Stocks and contracts in progress | 3 | €3,544 | €2,784 | -€760 | -21.4% |
| Stocks | 30/36 | €3,544 | €2,784 | -€760 | -21.4% |
| Amounts receivable within one year | 40/41 | €37,412 | €39,567 | +€2,154 | +5.8% |
| Trade receivables | 40 | €37,406 | €39,420 | +€2,014 | +5.4% |
| Other amounts receivable | 41 | €6 | €146 | +€140 | +2,268% |
| Current investments | 50/53 | €17,354 | - | -€17,354 | |
| Cash at bank and in hand | 54/58 | €10,010 | €7,463 | -€2,547 | -25.4% |
| Deferred charges and accrued income | 490/1 | €3,137 | €1,090 | -€2,047 | -65.2% |
| Total equity and liabilities | 10/49 | €95,277 | €70,472 | -€24,805 | -26.0% |
| Equity | 10/15 | €7,787 | €8,435 | +€648 | +8.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,213 | -€11,565 | +€648 | +5.3% |
| Amounts payable | 17/49 | €87,490 | €62,037 | -€25,453 | -29.1% |
| Amounts payable after more than one year | 17 | €54,558 | €39,211 | -€15,346 | -28.1% |
| Financial debts | 170/4 | €54,558 | €39,211 | -€15,346 | -28.1% |
| Amounts payable within one year | 42/48 | €32,932 | €22,826 | -€10,106 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €22,150 | €7,287 | -€14,863 | -67.1% |
| Trade debts | 44 | €5,673 | €13,149 | +€7,476 | +132% |
| Suppliers | 440/4 | €5,673 | €13,149 | +€7,476 | +132% |
| Taxes, remuneration and social security | 45 | €2,086 | - | -€2,086 | |
| Taxes | 450/3 | €2,086 | - | -€2,086 | |
| Other amounts payable | 47/48 | €3,023 | €2,390 | -€634 | -21.0% |
| Non-recurring operating income | 76A | - | €3,306 | +€3,306 | |
| Remuneration, social security and pensions | 62 | -€1,004 | - | +€1,004 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,016 | €9,752 | -€5,264 | -35.1% |
| Non-recurring operating charges | 66A | €2,133 | - | -€2,133 | |
| Gross operating margin | 9900 | -€11,802 | €11,539 | +€23,341 | |
| Operating profit (loss) | 9901 | -€27,947 | €1,787 | +€29,735 | |
| Financial income | 75/76B | €46 | €618 | +€573 | +1,251% |
| Recurring financial income | 75 | €46 | €618 | +€573 | +1,251% |
| Financial charges | 65/66B | €620 | €1,757 | +€1,137 | +183% |
| Recurring financial charges | 65 | €620 | €1,757 | +€1,137 | +183% |
| Profit (loss) for the period before taxes | 9903 | -€28,521 | €649 | +€29,170 | |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | -€28,521 | €648 | +€29,169 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,521 | €648 | +€29,169 |
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 31 October 2026 via checked.be.