TUINSTRA BEHEER: 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.
TUINSTRA BEHEER
Largest movements
- Cash -€62,834
down €62,834 (-95.6%), from €65,734 to €2,900
mainly Current investments (-€35,282) and Receivables within one year (-€19,457)
- Current investments +€35,282
up €35,282 (+28.8%), from €122,314 to €157,596
- Receivables within one year +€19,457
up €19,457 (+63.4%), from €30,665 to €50,122
of which Other amounts receivable: +€20,353
- Reserves -€10,578
down €10,578 (-1.2%), from €890,796 to €880,218
of which Distributable reserves: -€10,578
- Financial charges -€1,562
down €1,562 (-27.1%), from €5,770 to €4,208
- Gross operating margin +€1,413
up €1,413 (+8.2%), from -€17,312 to -€15,899
- Financial income -€1,212
down €1,212 (-9.1%), from €13,384 to €12,172
- Other operating charges -€514
down €514 (-22.5%), from €2,283 to €1,769
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 | €920,708 | €905,567 | -€15,141 | -1.6% |
| Fixed assets | 21/28 | €669,043 | €668,511 | -€532 | -0.1% |
| Tangible fixed assets | 22/27 | €3,106 | €2,574 | -€532 | -17.1% |
| Plant, machinery and equipment | 23 | €1,356 | €824 | -€532 | -39.2% |
| Furniture and vehicles | 24 | €1,750 | €1,750 | = | 0.0% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €665,936 | €665,936 | = | 0.0% |
| Current assets | 29/58 | €251,665 | €237,057 | -€14,609 | -5.8% |
| Amounts receivable within one year | 40/41 | €30,665 | €50,122 | +€19,457 | +63.4% |
| Trade receivables | 40 | €1,470 | €574 | -€896 | -60.9% |
| Other amounts receivable | 41 | €29,195 | €49,548 | +€20,353 | +69.7% |
| Current investments | 50/53 | €122,314 | €157,596 | +€35,282 | +28.8% |
| Cash at bank and in hand | 54/58 | €65,734 | €2,900 | -€62,834 | -95.6% |
| Deferred charges and accrued income | 490/1 | €32,951 | €26,438 | -€6,513 | -19.8% |
| Total equity and liabilities | 10/49 | €920,708 | €905,567 | -€15,141 | -1.6% |
| Equity | 10/15 | €914,560 | €903,982 | -€10,578 | -1.2% |
| Contributions | 10/11 | €23,764 | €23,764 | = | 0.0% |
| Reserves | 13 | €890,796 | €880,218 | -€10,578 | -1.2% |
| Non-distributable reserves | 130/1 | €2,376 | €2,376 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,376 | €2,376 | = | 0.0% |
| Distributable reserves | 133 | €888,420 | €877,842 | -€10,578 | -1.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €6,148 | €1,585 | -€4,563 | -74.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €6,148 | €1,585 | -€4,563 | -74.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,057 | €776 | -€281 | -26.6% |
| Suppliers | 440/4 | €1,057 | €776 | -€281 | -26.6% |
| Taxes, remuneration and social security | 45 | €5,091 | €809 | -€4,282 | -84.1% |
| Taxes | 450/3 | €5,091 | €809 | -€4,282 | -84.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €532 | €532 | = | 0.0% |
| Other operating charges | 640/8 | €2,283 | €1,769 | -€514 | -22.5% |
| Non-recurring operating charges | 66A | €21,895 | €0 | -€21,895 | -100% |
| Gross operating margin | 9900 | -€17,312 | -€15,899 | +€1,413 | +8.2% |
| Operating profit (loss) | 9901 | -€42,023 | -€18,201 | +€23,822 | +56.7% |
| Financial income | 75/76B | €13,384 | €12,172 | -€1,212 | -9.1% |
| Recurring financial income | 75 | €13,384 | €12,172 | -€1,212 | -9.1% |
| Financial charges | 65/66B | €5,770 | €4,208 | -€1,562 | -27.1% |
| Recurring financial charges | 65 | €5,770 | €4,208 | -€1,562 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | -€34,409 | -€10,237 | +€24,172 | +70.2% |
| Income taxes | 67/77 | €423 | €341 | -€82 | -19.4% |
| Profit (loss) for the period | 9904 | -€34,832 | -€10,578 | +€24,254 | +69.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,832 | -€10,578 | +€24,254 | +69.6% |
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 25 October 2026 via checked.be.