A&S Grondwerken: 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.
A&S Grondwerken
Largest movements
- Tangible fixed assets +€222,433
up €222,433 (+23.3%), from €954,581 to €1.2m
of which Land and buildings: +€355,000
- Receivables within one year +€51,381
up €51,381 (+21.4%), from €240,417 to €291,798
of which Other amounts receivable: +€38,118
- Debts after one year +€242,737
up €242,737 (+81.1%), from €299,406 to €542,143
- Reserves +€36,570
up €36,570 (+6.5%), from €565,745 to €602,315
- Current portion of long-term debt -€20,047
down €20,047 (-11.5%), from €173,667 to €153,620
- Other debts +€18,487
up €18,487 (+13.9%), from €132,624 to €151,112
- Tax, wage and social debts -€16,390
down €16,390 (-86.1%), from €19,035 to €2,645
of which Taxes: -€11,750
- Gross operating margin -€180,207
down €180,207 (-25.4%), from €710,678 to €530,471
- Depreciation +€111,825
up €111,825 (+44.5%), from €251,359 to €363,185
- Other operating charges -€71,552
down €71,552 (-94.6%), from €75,618 to €4,066
- Taxes -€50,089
down €50,089 (-88.3%), from €56,750 to €6,661
- Staff costs +€13,298
up €13,298 (+15.9%), from €83,484 to €96,782
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 | €1,232,468 | €1,507,529 | +€275,061 | +22.3% |
| Fixed assets | 21/28 | €955,456 | €1,177,689 | +€222,233 | +23.3% |
| Tangible fixed assets | 22/27 | €954,581 | €1,177,014 | +€222,433 | +23.3% |
| Land and buildings | 22 | - | €355,000 | +€355,000 | |
| Plant, machinery and equipment | 23 | €428,440 | €384,051 | -€44,390 | -10.4% |
| Furniture and vehicles | 24 | €69,419 | €44,474 | -€24,945 | -35.9% |
| Leasing and similar rights | 25 | €456,722 | €385,484 | -€71,238 | -15.6% |
| Other tangible fixed assets | 26 | - | €8,005 | +€8,005 | |
| Financial fixed assets | 28 | €875 | €675 | -€200 | -22.9% |
| Current assets | 29/58 | €277,012 | €329,840 | +€52,828 | +19.1% |
| Amounts receivable within one year | 40/41 | €240,417 | €291,798 | +€51,381 | +21.4% |
| Trade receivables | 40 | €230,874 | €244,137 | +€13,263 | +5.7% |
| Other amounts receivable | 41 | €9,543 | €47,661 | +€38,118 | +399% |
| Cash at bank and in hand | 54/58 | €32,197 | €25,864 | -€6,333 | -19.7% |
| Deferred charges and accrued income | 490/1 | €4,397 | €12,177 | +€7,780 | +177% |
| Total equity and liabilities | 10/49 | €1,232,468 | €1,507,529 | +€275,061 | +22.3% |
| Equity | 10/15 | €570,745 | €607,315 | +€36,570 | +6.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €565,745 | €602,315 | +€36,570 | +6.5% |
| Distributable reserves | 133 | €565,745 | €602,315 | +€36,570 | +6.5% |
| Amounts payable | 17/49 | €661,723 | €900,214 | +€238,491 | +36.0% |
| Amounts payable after more than one year | 17 | €299,406 | €542,143 | +€242,737 | +81.1% |
| Financial debts | 170/4 | €299,406 | €542,143 | +€242,737 | +81.1% |
| Amounts payable within one year | 42/48 | €362,317 | €357,407 | -€4,910 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €173,667 | €153,620 | -€20,047 | -11.5% |
| Trade debts | 44 | €36,991 | €50,031 | +€13,040 | +35.3% |
| Suppliers | 440/4 | €36,991 | €50,031 | +€13,040 | +35.3% |
| Taxes, remuneration and social security | 45 | €19,035 | €2,645 | -€16,390 | -86.1% |
| Taxes | 450/3 | €11,750 | - | -€11,750 | |
| Remuneration and social security | 454/9 | €7,285 | €2,645 | -€4,640 | -63.7% |
| Other amounts payable | 47/48 | €132,624 | €151,112 | +€18,487 | +13.9% |
| Accrued charges and deferred income | 492/3 | - | €664 | +€664 | |
| Remuneration, social security and pensions | 62 | €83,484 | €96,782 | +€13,298 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251,359 | €363,185 | +€111,825 | +44.5% |
| Other operating charges | 640/8 | €75,618 | €4,066 | -€71,552 | -94.6% |
| Non-recurring operating charges | 66A | €2,457 | - | -€2,457 | |
| Gross operating margin | 9900 | €710,678 | €530,471 | -€180,207 | -25.4% |
| Operating profit (loss) | 9901 | €297,759 | €66,439 | -€231,321 | -77.7% |
| Financial income | 75/76B | €1,319 | €847 | -€472 | -35.8% |
| Recurring financial income | 75 | €1,319 | €847 | -€472 | -35.8% |
| Financial charges | 65/66B | €19,209 | €24,055 | +€4,847 | +25.2% |
| Recurring financial charges | 65 | €19,209 | €24,055 | +€4,847 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | €279,870 | €43,230 | -€236,639 | -84.6% |
| Income taxes | 67/77 | €56,750 | €6,661 | -€50,089 | -88.3% |
| Profit (loss) for the period | 9904 | €223,120 | €36,570 | -€186,550 | -83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €223,120 | €36,570 | -€186,550 | -83.6% |
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 28 October 2026 via checked.be.