ARNO DE GROOTE: what changed
What changed
ARNO DE GROOTE
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€264,829
2023 · €136,228+€128,601
Equity
€1.3m
2023 · €1.1m+€192,736
Cash
€438,517
2023 · €570,155-€131,639
Balance sheet total
€1.9m
2023 · €1.8m+€135,636
Largest movements
Assets
- Receivables after one year +€466,826
up €466,826 (+449%), from €103,864 to €570,689
- Tangible fixed assets -€210,373
down €210,373 (-35.5%), from €593,211 to €382,838
of which Land and buildings: -€187,221
- Cash -€131,639
down €131,639 (-23.1%), from €570,155 to €438,517
mainly Receivables after one year (-€466,826) and Debts after one year (-€79,284)
Equity and liabilities
- Reserves +€192,736
up €192,736 (+18.4%), from €1.0m to €1.2m
of which Distributable reserves: +€192,736
- Debts after one year -€79,284
down €79,284 (-25.3%), from €312,924 to €233,641
- Short-term financial debts -€77,202
down €77,202 (-19.6%), from €393,284 to €316,083
- Tax, wage and social debts +€52,411
up €52,411 (+1,022%), from €5,127 to €57,538
- Current portion of long-term debt +€27,859
new in 2024: €27,859
Income statement
- Gross operating margin +€160,013
up €160,013 (+53.6%), from €298,559 to €458,572
- Taxes +€90,785
up €90,785 (+136%), from €66,993 to €157,778
- Depreciation -€45,756
down €45,756 (-55.9%), from €81,791 to €36,035
- Financial income +€14,034
up €14,034 (+109%), from €12,920 to €26,954
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€136,228
Gross operating margin
+€160,013
Depreciation
+€45,756
Other operating charges
-€1,293
Financial income
+€14,034
Financial charges
+€876
Taxes
-€90,785
Result 2024
€264,829
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€105,257
Investment
+€174,338
Financing
-€200,720
Cash 2023
€570,155
From operations (derived)
-€105,257
Net result for the year
+€264,829
Depreciation
+€36,035
Receivables after one year
-€466,826
Receivables within one year
+€7,539
Deferred charges and accrued income
-€18,361
Trade debts
+€11,099
Tax, wage and social debts
+€52,411
Accrued charges and deferred income
+€8,017
Investment (derived)
+€174,338
Investment in fixed assets (net)
+€174,338
Financing
-€200,720
Debts after one year
-€79,284
Current portion of long-term debt
+€27,859
Short-term financial debts
-€77,202
Contributions, distributions and other
-€72,094
Cash 2024
€438,517
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,806,445 | €1,942,081 | +€135,636 | +7.5% |
| Fixed assets | 21/28 | €1,045,411 | €835,038 | -€210,373 | -20.1% |
| Tangible fixed assets | 22/27 | €593,211 | €382,838 | -€210,373 | -35.5% |
| Land and buildings | 22 | €541,227 | €354,006 | -€187,221 | -34.6% |
| Furniture and vehicles | 24 | €51,984 | €28,832 | -€23,152 | -44.5% |
| Financial fixed assets | 28 | €452,200 | €452,200 | = | 0.0% |
| Current assets | 29/58 | €761,034 | €1,107,043 | +€346,009 | +45.5% |
| Amounts receivable after more than one year | 29 | €103,864 | €570,689 | +€466,826 | +449% |
| Other amounts receivable | 291 | €103,864 | €570,689 | +€466,826 | +449% |
| Amounts receivable within one year | 40/41 | €67,355 | €59,816 | -€7,539 | -11.2% |
| Other amounts receivable | 41 | €67,355 | €59,816 | -€7,539 | -11.2% |
| Cash at bank and in hand | 54/58 | €570,155 | €438,517 | -€131,639 | -23.1% |
| Deferred charges and accrued income | 490/1 | €19,660 | €38,021 | +€18,361 | +93.4% |
| Total equity and liabilities | 10/49 | €1,806,445 | €1,942,081 | +€135,636 | +7.5% |
| Equity | 10/15 | €1,079,977 | €1,272,713 | +€192,736 | +17.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,049,977 | €1,242,713 | +€192,736 | +18.4% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €1,046,977 | €1,239,713 | +€192,736 | +18.4% |
| Amounts payable | 17/49 | €726,469 | €669,368 | -€57,100 | -7.9% |
| Amounts payable after more than one year | 17 | €312,924 | €233,641 | -€79,284 | -25.3% |
| Financial debts | 170/4 | €312,924 | €233,641 | -€79,284 | -25.3% |
| Amounts payable within one year | 42/48 | €403,174 | €417,341 | +€14,167 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | - | €27,859 | +€27,859 | |
| Financial debts | 43 | €393,284 | €316,083 | -€77,202 | -19.6% |
| Credit institutions | 430/8 | €393,284 | €316,083 | -€77,202 | -19.6% |
| Trade debts | 44 | €4,763 | €15,861 | +€11,099 | +233% |
| Suppliers | 440/4 | €4,763 | €15,861 | +€11,099 | +233% |
| Taxes, remuneration and social security | 45 | €5,127 | €57,538 | +€52,411 | +1,022% |
| Taxes | 450/3 | €5,127 | €57,538 | +€52,411 | +1,022% |
| Accrued charges and deferred income | 492/3 | €10,370 | €18,387 | +€8,017 | +77.3% |
| Non-recurring operating income | 76A | - | €139,991 | +€139,991 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,791 | €36,035 | -€45,756 | -55.9% |
| Other operating charges | 640/8 | €4,995 | €6,288 | +€1,293 | +25.9% |
| Gross operating margin | 9900 | €298,559 | €458,572 | +€160,013 | +53.6% |
| Operating profit (loss) | 9901 | €211,773 | €416,249 | +€204,477 | +96.6% |
| Financial income | 75/76B | €12,920 | €26,954 | +€14,034 | +109% |
| Recurring financial income | 75 | €12,920 | €26,954 | +€14,034 | +109% |
| Financial charges | 65/66B | €21,472 | €20,596 | -€876 | -4.1% |
| Recurring financial charges | 65 | €21,472 | €20,596 | -€876 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €203,221 | €422,607 | +€219,386 | +108% |
| Income taxes | 67/77 | €66,993 | €157,778 | +€90,785 | +136% |
| Profit (loss) for the period | 9904 | €136,228 | €264,829 | +€128,601 | +94.4% |
| Profit (loss) for the period to be appropriated | 9905 | €136,228 | €264,829 | +€128,601 | +94.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 April 2023 and 30 April 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.