VB Tuintechniek: 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.
VB Tuintechniek
Largest movements
- Tangible fixed assets +€215,381
up €215,381 (+442%), from €48,719 to €264,100
of which Leasing and similar rights: +€222,483
- Receivables within one year +€211,119
up €211,119 (+513%), from €41,168 to €252,288
of which Trade receivables: +€217,913
- Stocks and contracts +€48,332
up €48,332 (+11.3%), from €428,209 to €476,540
- Cash +€16,308
up €16,308 (+120%), from €13,553 to €29,861
mainly Trade debts (+€199,439) and Net result for the year (+€99,649)
- Trade debts +€199,439
up €199,439 (+146%), from €136,943 to €336,382
- Reserves +€99,649
up €99,649 (+149%), from €66,971 to €166,620
- Debts after one year +€78,047
up €78,047 (+38.2%), from €204,201 to €282,249
- Tax, wage and social debts +€70,420
up €70,420 (+252%), from €27,924 to €98,344
of which Taxes: +€49,325
- Current portion of long-term debt +€30,299
up €30,299, from €0 to €30,299
- Gross operating margin +€180,784
up €180,784 (+109%), from €165,468 to €346,252
- Staff costs +€64,894
up €64,894 (+71.1%), from €91,302 to €156,195
- Depreciation +€29,734
up €29,734 (+169%), from €17,645 to €47,379
- Taxes +€11,584
up €11,584 (+74.6%), from €15,521 to €27,105
- Financial income -€6,117
down €6,117 (-94.8%), from €6,455 to €338
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 | €556,985 | €1,042,374 | +€485,389 | +87.1% |
| Fixed assets | 21/28 | €74,055 | €283,685 | +€209,631 | +283% |
| Intangible fixed assets | 21 | €25,336 | €19,586 | -€5,750 | -22.7% |
| Tangible fixed assets | 22/27 | €48,719 | €264,100 | +€215,381 | +442% |
| Plant, machinery and equipment | 23 | €48,719 | €41,617 | -€7,102 | -14.6% |
| Leasing and similar rights | 25 | - | €222,483 | +€222,483 | |
| Current assets | 29/58 | €482,930 | €758,689 | +€275,759 | +57.1% |
| Stocks and contracts in progress | 3 | €428,209 | €476,540 | +€48,332 | +11.3% |
| Stocks | 30/36 | €428,209 | €476,540 | +€48,332 | +11.3% |
| Amounts receivable within one year | 40/41 | €41,168 | €252,288 | +€211,119 | +513% |
| Trade receivables | 40 | €33,413 | €251,326 | +€217,913 | +652% |
| Other amounts receivable | 41 | €7,755 | €961 | -€6,794 | -87.6% |
| Cash at bank and in hand | 54/58 | €13,553 | €29,861 | +€16,308 | +120% |
| Total equity and liabilities | 10/49 | €556,985 | €1,042,374 | +€485,389 | +87.1% |
| Equity | 10/15 | €85,571 | €185,220 | +€99,649 | +116% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,971 | €166,620 | +€99,649 | +149% |
| Distributable reserves | 133 | €66,971 | €166,620 | +€99,649 | +149% |
| Amounts payable | 17/49 | €471,414 | €857,154 | +€385,741 | +81.8% |
| Amounts payable after more than one year | 17 | €204,201 | €282,249 | +€78,047 | +38.2% |
| Financial debts | 170/4 | €204,201 | €282,249 | +€78,047 | +38.2% |
| Amounts payable within one year | 42/48 | €267,212 | €574,906 | +€307,693 | +115% |
| Current portion of amounts payable after more than one year | 42 | €0 | €30,299 | +€30,299 | |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €136,943 | €336,382 | +€199,439 | +146% |
| Suppliers | 440/4 | €136,943 | €336,382 | +€199,439 | +146% |
| Taxes, remuneration and social security | 45 | €27,924 | €98,344 | +€70,420 | +252% |
| Taxes | 450/3 | €24,748 | €74,073 | +€49,325 | +199% |
| Remuneration and social security | 454/9 | €3,176 | €24,271 | +€21,095 | +664% |
| Other amounts payable | 47/48 | €2,346 | €9,881 | +€7,535 | +321% |
| Remuneration, social security and pensions | 62 | €91,302 | €156,195 | +€64,894 | +71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,645 | €47,379 | +€29,734 | +169% |
| Other operating charges | 640/8 | €900 | €5,169 | +€4,268 | +474% |
| Gross operating margin | 9900 | €165,468 | €346,252 | +€180,784 | +109% |
| Operating profit (loss) | 9901 | €55,621 | €137,509 | +€81,889 | +147% |
| Financial income | 75/76B | €6,455 | €338 | -€6,117 | -94.8% |
| Recurring financial income | 75 | €6,455 | €338 | -€6,117 | -94.8% |
| Financial charges | 65/66B | €6,016 | €11,094 | +€5,078 | +84.4% |
| Recurring financial charges | 65 | €6,016 | €11,094 | +€5,078 | +84.4% |
| Profit (loss) for the period before taxes | 9903 | €56,059 | €126,753 | +€70,694 | +126% |
| Income taxes | 67/77 | €15,521 | €27,105 | +€11,584 | +74.6% |
| Profit (loss) for the period | 9904 | €40,539 | €99,649 | +€59,110 | +146% |
| Profit (loss) for the period to be appropriated | 9905 | €40,539 | €99,649 | +€59,110 | +146% |
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 19 October 2026 via checked.be.