TULIFLOR: what changed
Two fiscal 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.
TULIFLOR
Largest movements
- Receivables within one year +€454,038
up €454,038 (+28.2%), from €1.6m to €2.1m
of which Other amounts receivable: +€1.1m
- Cash +€445,726
up €445,726 (+183.2%), from €243,354 to €689,080
mainly Debts after one year (+€1.0m) and Depreciation (+€647,729)
- Stocks and contracts +€328,976
up €328,976 (+45.3%), from €726,051 to €1.1m
- Debts after one year +€1.0m
up €1.0m (+51.4%), from €2.0m to €3.0m
- Trade debts -€674,739
down €674,739 (-43.8%), from €1.5m to €864,518
- Reserves +€368,108
up €368,108 (+19.2%), from €1.9m to €2.3m
of which Distributable reserves: +€347,058
- Accrued charges and deferred income +€316,597
up €316,597 (+23010.9%), from €1,376 to €317,973
- Other debts +€233,442
up €233,442 (+150.2%), from €155,418 to €388,860
- Staff costs -€110,792
down €110,792 (-16.3%), from €680,132 to €569,340
- Depreciation +€102,372
up €102,372 (+18.8%), from €545,357 to €647,729
- Financial charges +€51,755
up €51,755 (+44.4%), from €116,683 to €168,438
- Gross operating margin -€51,370
down €51,370 (-2.7%), from €1.9m to €1.9m
- Financial income +€45,313
up €45,313 (+1123.1%), from €4,035 to €49,348
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.
Cash bridge derived
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 | €6,350,616 | €7,639,285 | +€1.3m | +20.3% |
| Fixed assets | 21/28 | €3,748,626 | €3,807,622 | +€58,996 | +1.6% |
| Tangible fixed assets | 22/27 | €3,746,036 | €3,801,882 | +€55,846 | +1.5% |
| Land and buildings | 22 | €307,947 | €300,054 | -€7,893 | -2.6% |
| Plant, machinery and equipment | 23 | €3,351,397 | €3,440,415 | +€89,018 | +2.7% |
| Furniture and vehicles | 24 | €80,463 | €56,652 | -€23,811 | -29.6% |
| Other tangible fixed assets | 26 | €6,228 | €4,761 | -€1,467 | -23.6% |
| Financial fixed assets | 28 | €2,590 | €5,740 | +€3,150 | +121.6% |
| Current assets | 29/58 | €2,601,990 | €3,831,664 | +€1.2m | +47.3% |
| Amounts receivable after more than one year | 29 | - | €7,537 | +€7,537 | |
| Other amounts receivable | 291 | - | €7,537 | +€7,537 | |
| Stocks and contracts in progress | 3 | €726,051 | €1,055,027 | +€328,976 | +45.3% |
| Stocks | 30/36 | €726,051 | €1,055,027 | +€328,976 | +45.3% |
| Amounts receivable within one year | 40/41 | €1,610,784 | €2,064,822 | +€454,038 | +28.2% |
| Trade receivables | 40 | €755,340 | €124,608 | -€630,732 | -83.5% |
| Other amounts receivable | 41 | €855,444 | €1,940,214 | +€1.1m | +126.8% |
| Cash at bank and in hand | 54/58 | €243,354 | €689,080 | +€445,726 | +183.2% |
| Deferred charges and accrued income | 490/1 | €21,801 | €15,197 | -€6,604 | -30.3% |
| Total equity and liabilities | 10/49 | €6,350,616 | €7,639,285 | +€1.3m | +20.3% |
| Equity | 10/15 | €2,116,617 | €2,484,725 | +€368,108 | +17.4% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €1,916,617 | €2,284,725 | +€368,108 | +19.2% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,000 | €20,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €341,010 | €362,060 | +€21,050 | +6.2% |
| Distributable reserves | 133 | €1,555,607 | €1,902,665 | +€347,058 | +22.3% |
| Amounts payable | 17/49 | €4,233,999 | €5,154,560 | +€920,561 | +21.7% |
| Amounts payable after more than one year | 17 | €1,984,330 | €3,003,595 | +€1.0m | +51.4% |
| Financial debts | 170/4 | €1,984,330 | €3,003,595 | +€1.0m | +51.4% |
| Amounts payable within one year | 42/48 | €2,248,294 | €1,832,992 | -€415,302 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €491,057 | €553,401 | +€62,344 | +12.7% |
| Trade debts | 44 | €1,539,258 | €864,518 | -€674,739 | -43.8% |
| Suppliers | 440/4 | €1,539,258 | €864,518 | -€674,739 | -43.8% |
| Taxes, remuneration and social security | 45 | €62,561 | €26,212 | -€36,348 | -58.1% |
| Taxes | 450/3 | €10,806 | €4,678 | -€6,127 | -56.7% |
| Remuneration and social security | 454/9 | €51,755 | €21,534 | -€30,221 | -58.4% |
| Other amounts payable | 47/48 | €155,418 | €388,860 | +€233,442 | +150.2% |
| Accrued charges and deferred income | 492/3 | €1,376 | €317,973 | +€316,597 | +23010.9% |
| Remuneration, social security and pensions | 62 | €680,132 | €569,340 | -€110,792 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €545,357 | €647,729 | +€102,372 | +18.8% |
| Other operating charges | 640/8 | €3,438 | €4,343 | +€905 | +26.3% |
| Gross operating margin | 9900 | €1,903,412 | €1,852,041 | -€51,370 | -2.7% |
| Operating profit (loss) | 9901 | €674,484 | €630,629 | -€43,855 | -6.5% |
| Financial income | 75/76B | €4,035 | €49,348 | +€45,313 | +1123.1% |
| Recurring financial income | 75 | €4,035 | €49,348 | +€45,313 | +1123.1% |
| Financial charges | 65/66B | €116,683 | €168,438 | +€51,755 | +44.4% |
| Recurring financial charges | 65 | €116,683 | €168,438 | +€51,755 | +44.4% |
| Profit (loss) for the period before taxes | 9903 | €561,836 | €511,539 | -€50,297 | -9.0% |
| Income taxes | 67/77 | €124,321 | €143,431 | +€19,110 | +15.4% |
| Profit (loss) for the period | 9904 | €437,515 | €368,108 | -€69,407 | -15.9% |
| Transfer from tax-exempt reserves | 789 | - | €126,300 | +€126,300 | |
| Transfer to tax-exempt reserves | 689 | €214,710 | €147,350 | -€67,360 | -31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €222,805 | €347,058 | +€124,253 | +55.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.