Van Doninck Tuinen: 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.
Van Doninck Tuinen
Largest movements
- Receivables within one year -€3,277
down €3,277 (-21.6%), from €15,156 to €11,879
of which Other amounts receivable: -€2,532
- Tangible fixed assets -€2,126
down €2,126 (-11.8%), from €17,988 to €15,862
of which Plant, machinery and equipment: -€3,380
- Stocks and contracts +€2,122
new in 2025: €2,122
- Cash -€2,043
down €2,043 (-86.3%), from €2,367 to €323
mainly Net result for the year (-€4,460) and Investment in fixed assets (net) (-€2,277)
- Deferred charges and accrued income -€1,142
down €1,142 (-90.1%), from €1,268 to €126
- Reserves -€4,460
down €4,460 (-36.4%), from €12,237 to €7,777
- Tax, wage and social debts +€2,132
up €2,132 (+21.1%), from €10,107 to €12,240
of which Remuneration and social security: +€6,000
- Trade debts -€1,756
down €1,756 (-20.2%), from €8,712 to €6,956
- Current portion of long-term debt -€1,491
down €1,491 (-100%), from €1,491 to €0
- Other debts -€1,233
down €1,233 (-100%), from €1,233 to €0
- Gross operating margin -€2,104
down €2,104 (-49.9%), from €4,212 to €2,108
- Depreciation +€1,243
up €1,243 (+39.3%), from €3,161 to €4,403
- Other operating charges -€198
down €198 (-9.8%), from €2,011 to €1,813
- Financial charges +€89
up €89 (+46.2%), from €194 to €283
- Taxes -€45
down €45 (-39.5%), from €113 to €68
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 | €36,779 | €30,312 | -€6,467 | -17.6% |
| Fixed assets | 21/28 | €17,988 | €15,862 | -€2,126 | -11.8% |
| Tangible fixed assets | 22/27 | €17,988 | €15,862 | -€2,126 | -11.8% |
| Plant, machinery and equipment | 23 | €14,910 | €11,530 | -€3,380 | -22.7% |
| Furniture and vehicles | 24 | €3,078 | €4,332 | +€1,254 | +40.7% |
| Current assets | 29/58 | €18,791 | €14,450 | -€4,341 | -23.1% |
| Stocks and contracts in progress | 3 | - | €2,122 | +€2,122 | |
| Stocks | 30/36 | - | €2,122 | +€2,122 | |
| Amounts receivable within one year | 40/41 | €15,156 | €11,879 | -€3,277 | -21.6% |
| Trade receivables | 40 | €12,607 | €11,862 | -€745 | -5.9% |
| Other amounts receivable | 41 | €2,549 | €17 | -€2,532 | -99.3% |
| Cash at bank and in hand | 54/58 | €2,367 | €323 | -€2,043 | -86.3% |
| Deferred charges and accrued income | 490/1 | €1,268 | €126 | -€1,142 | -90.1% |
| Total equity and liabilities | 10/49 | €36,779 | €30,312 | -€6,467 | -17.6% |
| Equity | 10/15 | €15,237 | €10,777 | -€4,460 | -29.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,237 | €7,777 | -€4,460 | -36.4% |
| Distributable reserves | 133 | €12,237 | €7,777 | -€4,460 | -36.4% |
| Amounts payable | 17/49 | €21,542 | €19,535 | -€2,007 | -9.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €21,542 | €19,535 | -€2,007 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €1,491 | €0 | -€1,491 | -100% |
| Financial debts | 43 | - | €340 | +€340 | |
| Credit institutions | 430/8 | - | €340 | +€340 | |
| Trade debts | 44 | €8,712 | €6,956 | -€1,756 | -20.2% |
| Suppliers | 440/4 | €8,712 | €6,956 | -€1,756 | -20.2% |
| Taxes, remuneration and social security | 45 | €10,107 | €12,240 | +€2,132 | +21.1% |
| Taxes | 450/3 | €4,107 | €240 | -€3,868 | -94.2% |
| Remuneration and social security | 454/9 | €6,000 | €12,000 | +€6,000 | +100% |
| Other amounts payable | 47/48 | €1,233 | €0 | -€1,233 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,161 | €4,403 | +€1,243 | +39.3% |
| Other operating charges | 640/8 | €2,011 | €1,813 | -€198 | -9.8% |
| Non-recurring operating charges | 66A | €270 | €0 | -€270 | -100% |
| Gross operating margin | 9900 | €4,212 | €2,108 | -€2,104 | -49.9% |
| Operating profit (loss) | 9901 | -€1,230 | -€4,108 | -€2,879 | -234% |
| Financial income | 75/76B | €14 | €0 | -€13 | -99.9% |
| Recurring financial income | 75 | €14 | €0 | -€13 | -99.9% |
| Financial charges | 65/66B | €194 | €283 | +€89 | +46.2% |
| Recurring financial charges | 65 | €194 | €283 | +€89 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,410 | -€4,392 | -€2,982 | -211% |
| Income taxes | 67/77 | €113 | €68 | -€45 | -39.5% |
| Profit (loss) for the period | 9904 | -€1,523 | -€4,460 | -€2,937 | -193% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,523 | -€4,460 | -€2,937 | -193% |
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.