TUINSTOCK: 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.
What changed
TUINSTOCK
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€17,480
2024 · €580+€16,900
Equity
€344,050
2024 · €326,570+€17,480
Cash
€30,809
2024 · €15,744+€15,065
Balance sheet total
€1.1m
2024 · €1.1m-€42,956
Largest movements
Assets
- Tangible fixed assets -€46,359
down €46,359 (-7.4%), from €626,449 to €580,090
of which Land and buildings: -€30,904
- Cash +€15,065
up €15,065 (+95.7%), from €15,744 to €30,809
mainly Depreciation (+€46,359) and Net result for the year (+€17,480)
Equity and liabilities
- Debts after one year -€49,431
down €49,431 (-14.8%), from €333,722 to €284,292
- Profit (loss) carried forward +€15,663
up €15,663, from -€15,663 to €0
Income statement
- Gross operating margin +€34,454
up €34,454 (+31.3%), from €109,992 to €144,446
- Staff costs +€4,448
up €4,448 (+8.7%), from €50,864 to €55,313
- Other operating charges +€2,568
up €2,568 (+95.3%), from €2,693 to €5,260
- Financial charges -€2,119
down €2,119 (-21.9%), from €9,692 to €7,573
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.
Result 2024
€580
Gross operating margin
+€34,454
Staff costs
-€4,448
Depreciation
-€194
Other operating charges
-€2,568
Other operating items
-€11,129
Financial income
+€6
Financial charges
+€2,119
Taxes
-€1,339
Result 2025
€17,480
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€75,104
Investment
€0
Financing
-€60,039
Cash 2024
€15,744
From operations (derived)
+€75,104
Net result for the year
+€17,480
Depreciation
+€46,359
Stocks and contracts
+€10,158
Receivables within one year
+€2,565
Deferred charges and accrued income
-€1,060
Trade debts
-€4,783
Tax, wage and social debts
+€3,671
Other debts
+€715
Financing
-€60,039
Debts after one year
-€49,431
Current portion of long-term debt
-€10,608
Cash 2025
€30,809
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,124,339 | €1,081,383 | -€42,956 | -3.8% |
| Fixed assets | 21/28 | €626,584 | €580,225 | -€46,359 | -7.4% |
| Tangible fixed assets | 22/27 | €626,449 | €580,090 | -€46,359 | -7.4% |
| Land and buildings | 22 | €560,434 | €529,530 | -€30,904 | -5.5% |
| Plant, machinery and equipment | 23 | €38,539 | €31,529 | -€7,010 | -18.2% |
| Furniture and vehicles | 24 | €27,476 | €19,031 | -€8,445 | -30.7% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €497,755 | €501,158 | +€3,403 | +0.7% |
| Stocks and contracts in progress | 3 | €440,041 | €429,883 | -€10,158 | -2.3% |
| Stocks | 30/36 | €440,041 | €429,883 | -€10,158 | -2.3% |
| Amounts receivable within one year | 40/41 | €39,656 | €37,091 | -€2,565 | -6.5% |
| Trade receivables | 40 | €5,765 | €1,397 | -€4,368 | -75.8% |
| Other amounts receivable | 41 | €33,891 | €35,694 | +€1,804 | +5.3% |
| Cash at bank and in hand | 54/58 | €15,744 | €30,809 | +€15,065 | +95.7% |
| Deferred charges and accrued income | 490/1 | €2,314 | €3,375 | +€1,060 | +45.8% |
| Total equity and liabilities | 10/49 | €1,124,339 | €1,081,383 | -€42,956 | -3.8% |
| Equity | 10/15 | €326,570 | €344,050 | +€17,480 | +5.4% |
| Contributions | 10/11 | €24,378 | €24,378 | = | 0.0% |
| Reserves | 13 | €317,856 | €319,673 | +€1,817 | +0.6% |
| Non-distributable reserves | 130/1 | €3,471 | €3,471 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,471 | €3,471 | = | 0.0% |
| Tax-exempt reserves | 132 | €36,650 | €36,650 | = | 0.0% |
| Distributable reserves | 133 | €277,735 | €279,552 | +€1,817 | +0.7% |
| Profit (loss) carried forward | 14 | -€15,663 | €0 | +€15,663 | |
| Amounts payable | 17/49 | €797,769 | €737,333 | -€60,436 | -7.6% |
| Amounts payable after more than one year | 17 | €333,722 | €284,292 | -€49,431 | -14.8% |
| Financial debts | 170/4 | €333,722 | €284,292 | -€49,431 | -14.8% |
| Amounts payable within one year | 42/48 | €464,047 | €453,041 | -€11,005 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €60,039 | €49,431 | -€10,608 | -17.7% |
| Trade debts | 44 | €146,907 | €142,124 | -€4,783 | -3.3% |
| Suppliers | 440/4 | €146,907 | €142,124 | -€4,783 | -3.3% |
| Taxes, remuneration and social security | 45 | €11,958 | €15,630 | +€3,671 | +30.7% |
| Taxes | 450/3 | €2,034 | €2,862 | +€828 | +40.7% |
| Remuneration and social security | 454/9 | €9,924 | €12,767 | +€2,843 | +28.6% |
| Other amounts payable | 47/48 | €245,143 | €245,858 | +€715 | +0.3% |
| Remuneration, social security and pensions | 62 | €50,864 | €55,313 | +€4,448 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,165 | €46,359 | +€194 | +0.4% |
| Other operating charges | 640/8 | €2,693 | €5,260 | +€2,568 | +95.3% |
| Non-recurring operating charges | 66A | - | €11,129 | +€11,129 | |
| Gross operating margin | 9900 | €109,992 | €144,446 | +€34,454 | +31.3% |
| Operating profit (loss) | 9901 | €10,270 | €26,385 | +€16,115 | +157% |
| Financial income | 75/76B | €2 | €8 | +€6 | +386% |
| Recurring financial income | 75 | €2 | €8 | +€6 | +386% |
| Financial charges | 65/66B | €9,692 | €7,573 | -€2,119 | -21.9% |
| Recurring financial charges | 65 | €9,692 | €7,573 | -€2,119 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €580 | €18,819 | +€18,239 | +3,145% |
| Income taxes | 67/77 | €0 | €1,339 | +€1,339 | |
| Profit (loss) for the period | 9904 | €580 | €17,480 | +€16,900 | +2,914% |
| Profit (loss) for the period to be appropriated | 9905 | €580 | €17,480 | +€16,900 | +2,914% |
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 14 October 2026 via checked.be.