Tuinen Viktor: 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 Viktor
Largest movements
- Tangible fixed assets +€43,761
up €43,761 (+79.8%), from €54,820 to €98,581
of which Plant, machinery and equipment: +€56,735
- Receivables within one year +€27,491
up €27,491 (+141%), from €19,464 to €46,955
of which Other amounts receivable: +€15,833
- Cash -€3,633
down €3,633 (-8.6%), from €42,289 to €38,656
mainly Investment in fixed assets (net) (-€65,470) and Receivables within one year (-€27,491)
- Debts after one year +€31,661
up €31,661 (+282%), from €11,225 to €42,886
- Trade debts +€12,682
up €12,682 (+63.4%), from €19,988 to €32,669
- Profit (loss) carried forward +€11,958
up €11,958 (+20.7%), from €57,870 to €69,828
- Current portion of long-term debt +€10,012
up €10,012 (+175%), from €5,722 to €15,734
- Other debts +€7,632
up €7,632 (+57.4%), from €13,306 to €20,938
- Gross operating margin +€10,929
up €10,929 (+37.3%), from €29,266 to €40,195
- Depreciation -€3,198
down €3,198 (-12.8%), from €24,906 to €21,709
- Taxes +€2,618
up €2,618 (+400%), from €655 to €3,273
- Other operating charges +€1,991
up €1,991 (+409%), from €487 to €2,477
- Financial charges -€510
down €510 (-33.0%), from €1,547 to €1,037
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 | €117,538 | €185,034 | +€67,495 | +57.4% |
| Fixed assets | 21/28 | €54,820 | €98,581 | +€43,761 | +79.8% |
| Tangible fixed assets | 22/27 | €54,820 | €98,581 | +€43,761 | +79.8% |
| Plant, machinery and equipment | 23 | €23,110 | €79,845 | +€56,735 | +246% |
| Furniture and vehicles | 24 | €14,909 | €9,889 | -€5,020 | -33.7% |
| Leasing and similar rights | 25 | €16,801 | €8,847 | -€7,954 | -47.3% |
| Current assets | 29/58 | €62,718 | €86,452 | +€23,734 | +37.8% |
| Amounts receivable within one year | 40/41 | €19,464 | €46,955 | +€27,491 | +141% |
| Trade receivables | 40 | €18,976 | €30,633 | +€11,658 | +61.4% |
| Other amounts receivable | 41 | €489 | €16,321 | +€15,833 | +3,241% |
| Cash at bank and in hand | 54/58 | €42,289 | €38,656 | -€3,633 | -8.6% |
| Deferred charges and accrued income | 490/1 | €965 | €842 | -€124 | -12.8% |
| Total equity and liabilities | 10/49 | €117,538 | €185,034 | +€67,495 | +57.4% |
| Equity | 10/15 | €59,870 | €71,828 | +€11,958 | +20.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,870 | €69,828 | +€11,958 | +20.7% |
| Amounts payable | 17/49 | €57,669 | €113,205 | +€55,537 | +96.3% |
| Amounts payable after more than one year | 17 | €11,225 | €42,886 | +€31,661 | +282% |
| Financial debts | 170/4 | €11,225 | €42,886 | +€31,661 | +282% |
| Amounts payable within one year | 42/48 | €46,444 | €70,320 | +€23,876 | +51.4% |
| Current portion of amounts payable after more than one year | 42 | €5,722 | €15,734 | +€10,012 | +175% |
| Trade debts | 44 | €19,988 | €32,669 | +€12,682 | +63.4% |
| Suppliers | 440/4 | €19,988 | €32,669 | +€12,682 | +63.4% |
| Taxes, remuneration and social security | 45 | €7,428 | €978 | -€6,450 | -86.8% |
| Taxes | 450/3 | €7,428 | €978 | -€6,450 | -86.8% |
| Other amounts payable | 47/48 | €13,306 | €20,938 | +€7,632 | +57.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,906 | €21,709 | -€3,198 | -12.8% |
| Other operating charges | 640/8 | €487 | €2,477 | +€1,991 | +409% |
| Gross operating margin | 9900 | €29,266 | €40,195 | +€10,929 | +37.3% |
| Operating profit (loss) | 9901 | €3,873 | €16,008 | +€12,136 | +313% |
| Financial income | 75/76B | €166 | €260 | +€94 | +56.3% |
| Recurring financial income | 75 | €166 | €260 | +€94 | +56.3% |
| Financial charges | 65/66B | €1,547 | €1,037 | -€510 | -33.0% |
| Recurring financial charges | 65 | €1,547 | €1,037 | -€510 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €2,492 | €15,231 | +€12,740 | +511% |
| Income taxes | 67/77 | €655 | €3,273 | +€2,618 | +400% |
| Profit (loss) for the period | 9904 | €1,837 | €11,958 | +€10,121 | +551% |
| Profit (loss) for the period to be appropriated | 9905 | €1,837 | €11,958 | +€10,121 | +551% |
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 30 October 2026 via checked.be.