C. DE GROOTE: 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.
C. DE GROOTE
Largest movements
- Tangible fixed assets -€31,159
down €31,159 (-13.5%), from €230,098 to €198,939
of which Land and buildings: -€18,454
- Cash +€4,676
up €4,676 (+567%), from €825 to €5,501
mainly Depreciation (+€31,159) and Other debts (+€2,861)
- Tax, wage and social debts -€14,271
down €14,271 (-92.4%), from €15,443 to €1,172
- Profit (loss) carried forward -€7,172
down €7,172 (-6.2%), from -€115,480 to -€122,652
- Reserves -€5,926
down €5,926 (-14.3%), from €41,481 to €35,556
- Other debts +€2,861
up €2,861 (+5.3%), from €54,201 to €57,063
- Gross operating margin -€4,925
down €4,925 (-18.2%), from €27,061 to €22,136
- Other operating charges -€2,274
down €2,274 (-28.8%), from €7,905 to €5,630
- Financial charges -€828
down €828 (-93.9%), from €882 to €54
- Taxes +€366
new in 2025: €366
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 | €230,923 | €204,441 | -€26,483 | -11.5% |
| Fixed assets | 21/28 | €230,098 | €198,939 | -€31,159 | -13.5% |
| Tangible fixed assets | 22/27 | €230,098 | €198,939 | -€31,159 | -13.5% |
| Land and buildings | 22 | €181,196 | €162,742 | -€18,454 | -10.2% |
| Plant, machinery and equipment | 23 | €4,677 | €4,314 | -€363 | -7.8% |
| Furniture and vehicles | 24 | €44,226 | €31,884 | -€12,342 | -27.9% |
| Current assets | 29/58 | €825 | €5,501 | +€4,676 | +567% |
| Cash at bank and in hand | 54/58 | €825 | €5,501 | +€4,676 | +567% |
| Total equity and liabilities | 10/49 | €230,923 | €204,441 | -€26,483 | -11.5% |
| Equity | 10/15 | €112,219 | €99,121 | -€13,098 | -11.7% |
| Contributions | 10/11 | €186,218 | €186,218 | = | 0.0% |
| Capital | 10 | €186,218 | €186,218 | = | 0.0% |
| Issued capital | 100 | €186,218 | €186,218 | = | 0.0% |
| Reserves | 13 | €41,481 | €35,556 | -€5,926 | -14.3% |
| Tax-exempt reserves | 132 | €41,481 | €35,556 | -€5,926 | -14.3% |
| Profit (loss) carried forward | 14 | -€115,480 | -€122,652 | -€7,172 | -6.2% |
| Provisions and deferred taxes | 16 | €13,827 | €11,852 | -€1,975 | -14.3% |
| Deferred taxes | 168 | €13,827 | €11,852 | -€1,975 | -14.3% |
| Amounts payable | 17/49 | €104,877 | €93,467 | -€11,410 | -10.9% |
| Amounts payable within one year | 42/48 | €69,645 | €58,235 | -€11,410 | -16.4% |
| Taxes, remuneration and social security | 45 | €15,443 | €1,172 | -€14,271 | -92.4% |
| Taxes | 450/3 | €15,443 | €1,172 | -€14,271 | -92.4% |
| Other amounts payable | 47/48 | €54,201 | €57,063 | +€2,861 | +5.3% |
| Accrued charges and deferred income | 492/3 | €35,232 | €35,232 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,227 | €31,159 | -€68 | -0.2% |
| Other operating charges | 640/8 | €7,905 | €5,630 | -€2,274 | -28.8% |
| Gross operating margin | 9900 | €27,061 | €22,136 | -€4,925 | -18.2% |
| Operating profit (loss) | 9901 | -€12,070 | -€14,653 | -€2,583 | -21.4% |
| Financial income | 75/76B | €2 | €0 | -€2 | -86.7% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -86.7% |
| Financial charges | 65/66B | €882 | €54 | -€828 | -93.9% |
| Recurring financial charges | 65 | €882 | €54 | -€828 | -93.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,950 | -€14,707 | -€1,757 | -13.6% |
| Income taxes | 67/77 | - | €366 | +€366 | |
| Profit (loss) for the period | 9904 | -€12,950 | -€15,073 | -€2,123 | -16.4% |
| Transfer from tax-exempt reserves | 789 | €7,901 | €7,901 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,049 | -€7,172 | -€2,123 | -42.0% |
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 20 October 2026 via checked.be.