Tuinen Vleminckx: 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 Vleminckx
Largest movements
- Stocks and contracts -€14,260
down €14,260 (-46.2%), from €30,850 to €16,590
- Receivables within one year +€12,420
up €12,420 (+18.2%), from €68,090 to €80,510
of which Trade receivables: +€11,161
- Tangible fixed assets -€5,482
down €5,482 (-8.6%), from €64,103 to €58,620
of which Leasing and similar rights: -€8,640
- Cash +€3,469
up €3,469 (+29.6%), from €11,730 to €15,199
mainly Depreciation (+€17,706) and Stocks and contracts (+€14,260)
- Reserves +€10,945
up €10,945 (+54.0%), from €20,250 to €31,195
- Debts after one year -€6,927
down €6,927 (-25.1%), from €27,625 to €20,698
- Trade debts -€6,309
down €6,309 (-14.0%), from €45,157 to €38,848
- Other debts -€6,084
down €6,084 (-14.5%), from €42,056 to €35,971
- Tax, wage and social debts +€3,542
up €3,542 (+89.7%), from €3,951 to €7,493
- Gross operating margin -€7,487
down €7,487 (-15.5%), from €48,252 to €40,765
- Depreciation +€3,032
up €3,032 (+20.7%), from €14,674 to €17,706
- Financial charges +€1,327
up €1,327 (+20.0%), from €6,641 to €7,969
- Taxes +€735
up €735 (+36.7%), from €2,000 to €2,735
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 | €175,765 | €171,433 | -€4,331 | -2.5% |
| Fixed assets | 21/28 | €64,353 | €58,870 | -€5,482 | -8.5% |
| Tangible fixed assets | 22/27 | €64,103 | €58,620 | -€5,482 | -8.6% |
| Plant, machinery and equipment | 23 | €32,267 | €29,335 | -€2,932 | -9.1% |
| Furniture and vehicles | 24 | €4,651 | €10,741 | +€6,090 | +131% |
| Leasing and similar rights | 25 | €27,184 | €18,544 | -€8,640 | -31.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €111,412 | €112,563 | +€1,151 | +1.0% |
| Stocks and contracts in progress | 3 | €30,850 | €16,590 | -€14,260 | -46.2% |
| Stocks | 30/36 | €30,850 | €16,590 | -€14,260 | -46.2% |
| Amounts receivable within one year | 40/41 | €68,090 | €80,510 | +€12,420 | +18.2% |
| Trade receivables | 40 | €63,244 | €74,405 | +€11,161 | +17.6% |
| Other amounts receivable | 41 | €4,846 | €6,105 | +€1,260 | +26.0% |
| Cash at bank and in hand | 54/58 | €11,730 | €15,199 | +€3,469 | +29.6% |
| Deferred charges and accrued income | 490/1 | €742 | €263 | -€479 | -64.5% |
| Total equity and liabilities | 10/49 | €175,765 | €171,433 | -€4,331 | -2.5% |
| Equity | 10/15 | €43,488 | €54,433 | +€10,945 | +25.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €20,250 | €31,195 | +€10,945 | +54.0% |
| Distributable reserves | 133 | €20,250 | €31,195 | +€10,945 | +54.0% |
| Profit (loss) carried forward | 14 | €20,738 | €20,738 | +€0 | 0.0% |
| Amounts payable | 17/49 | €132,277 | €117,000 | -€15,277 | -11.5% |
| Amounts payable after more than one year | 17 | €27,625 | €20,698 | -€6,927 | -25.1% |
| Financial debts | 170/4 | €27,625 | €20,698 | -€6,927 | -25.1% |
| Amounts payable within one year | 42/48 | €104,652 | €96,303 | -€8,350 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €10,839 | €13,990 | +€3,151 | +29.1% |
| Trade debts | 44 | €45,157 | €38,848 | -€6,309 | -14.0% |
| Suppliers | 440/4 | €45,157 | €38,848 | -€6,309 | -14.0% |
| Advances received on contracts in progress | 46 | €2,650 | - | -€2,650 | |
| Taxes, remuneration and social security | 45 | €3,951 | €7,493 | +€3,542 | +89.7% |
| Taxes | 450/3 | €3,951 | €7,493 | +€3,542 | +89.7% |
| Other amounts payable | 47/48 | €42,056 | €35,971 | -€6,084 | -14.5% |
| Non-recurring operating income | 76A | €7,747 | - | -€7,747 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,674 | €17,706 | +€3,032 | +20.7% |
| Other operating charges | 640/8 | €1,070 | €1,476 | +€406 | +38.0% |
| Gross operating margin | 9900 | €48,252 | €40,765 | -€7,487 | -15.5% |
| Operating profit (loss) | 9901 | €32,509 | €21,583 | -€10,925 | -33.6% |
| Financial income | 75/76B | €26 | €65 | +€39 | +152% |
| Recurring financial income | 75 | €26 | €65 | +€39 | +152% |
| Financial charges | 65/66B | €6,641 | €7,969 | +€1,327 | +20.0% |
| Recurring financial charges | 65 | €6,641 | €7,969 | +€1,327 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €25,893 | €13,680 | -€12,213 | -47.2% |
| Income taxes | 67/77 | €2,000 | €2,735 | +€735 | +36.7% |
| Profit (loss) for the period | 9904 | €23,893 | €10,945 | -€12,948 | -54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,893 | €10,945 | -€12,948 | -54.2% |
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 29 October 2026 via checked.be.