DE GROENE DALHOEVE: 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.
What changed
DE GROENE DALHOEVE
NACE 01.471, Crop and animal production, hunting and related service activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€127,607
2024 · €41,591+€86,016
Equity
€604,829
2024 · €618,413-€13,584
Cash
€311,451
2024 · €197,889+€113,563
Balance sheet total
€2.2m
2024 · €2.2m-€10,118
Largest movements
Assets
- Cash +€113,563
up €113,563 (+57.4%), from €197,889 to €311,451
mainly Depreciation (+€187,875) and Net result for the year (+€127,607)
- Tangible fixed assets -€112,247
down €112,247 (-6.0%), from €1.9m to €1.8m
of which Land and buildings: -€104,438
Equity and liabilities
- Debts after one year -€133,158
down €133,158 (-10.5%), from €1.3m to €1.1m
- Other debts +€118,445
up €118,445 (+154%), from €77,115 to €195,560
- Tax, wage and social debts +€29,690
up €29,690 (+189%), from €15,731 to €45,421
Income statement
- Gross operating margin +€124,415
up €124,415 (+41.7%), from €298,239 to €422,654
- Taxes +€37,118
up €37,118 (+298%), from €12,449 to €49,566
- Depreciation +€4,840
up €4,840 (+2.6%), from €183,035 to €187,875
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.
Result 2024
€41,591
Gross operating margin
+€124,415
Staff costs
-€469
Depreciation
-€4,840
Other operating charges
+€3,694
Financial income
+€116
Financial charges
+€217
Taxes
-€37,118
Result 2025
€127,607
raises the resultlowers the result
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.
From operations
+€452,392
Investment
-€64,000
Financing
-€274,829
Cash 2024
€197,889
From operations (derived)
+€452,392
Net result for the year
+€127,607
Depreciation
+€187,875
Receivables within one year
+€454
Deferred charges and accrued income
-€648
Provisions
-€519
Trade debts
-€14,174
Tax, wage and social debts
+€29,690
Other debts
+€118,445
Accrued charges and deferred income
+€3,662
Investment (derived)
-€64,000
Investment in fixed assets (net)
-€64,000
Financing
-€274,829
Debts after one year
-€133,158
Current portion of long-term debt
+€2,900
Short-term financial debts
-€3,381
Contributions, distributions and other
-€141,191
Cash 2025
€311,451
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,180,271 | €2,170,153 | -€10,118 | -0.5% |
| Formation expenses | 20 | €6,342 | €5,776 | -€565 | -8.9% |
| Fixed assets | 21/28 | €1,921,340 | €1,798,030 | -€123,309 | -6.4% |
| Intangible fixed assets | 21 | €39,133 | €28,071 | -€11,063 | -28.3% |
| Tangible fixed assets | 22/27 | €1,882,207 | €1,769,960 | -€112,247 | -6.0% |
| Land and buildings | 22 | €1,369,224 | €1,264,786 | -€104,438 | -7.6% |
| Plant, machinery and equipment | 23 | €499,842 | €460,073 | -€39,769 | -8.0% |
| Furniture and vehicles | 24 | €13,140 | €45,100 | +€31,960 | +243% |
| Current assets | 29/58 | €252,589 | €366,346 | +€113,757 | +45.0% |
| Amounts receivable within one year | 40/41 | €51,844 | €51,390 | -€454 | -0.9% |
| Trade receivables | 40 | €51,844 | €51,373 | -€470 | -0.9% |
| Other amounts receivable | 41 | - | €17 | +€17 | |
| Cash at bank and in hand | 54/58 | €197,889 | €311,451 | +€113,563 | +57.4% |
| Deferred charges and accrued income | 490/1 | €2,857 | €3,505 | +€648 | +22.7% |
| Total equity and liabilities | 10/49 | €2,180,271 | €2,170,153 | -€10,118 | -0.5% |
| Equity | 10/15 | €618,413 | €604,829 | -€13,584 | -2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €478,572 | €474,853 | -€3,719 | -0.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €478,572 | €474,853 | -€3,719 | -0.8% |
| Profit (loss) carried forward | 14 | €1,169 | €1,169 | = | 0.0% |
| Investment grants | 15 | €120,073 | €110,208 | -€9,865 | -8.2% |
| Provisions and deferred taxes | 16 | €6,320 | €5,800 | -€519 | -8.2% |
| Deferred taxes | 168 | €6,320 | €5,800 | -€519 | -8.2% |
| Amounts payable | 17/49 | €1,555,538 | €1,559,524 | +€3,986 | +0.3% |
| Amounts payable after more than one year | 17 | €1,270,558 | €1,137,400 | -€133,158 | -10.5% |
| Financial debts | 170/4 | €1,270,558 | €1,137,400 | -€133,158 | -10.5% |
| Amounts payable within one year | 42/48 | €283,496 | €416,977 | +€133,481 | +47.1% |
| Current portion of amounts payable after more than one year | 42 | €166,008 | €168,908 | +€2,900 | +1.7% |
| Financial debts | 43 | €3,381 | €0 | -€3,381 | -100% |
| Credit institutions | 430/8 | €3,381 | €0 | -€3,381 | -100% |
| Trade debts | 44 | €21,262 | €7,088 | -€14,174 | -66.7% |
| Suppliers | 440/4 | €21,262 | €7,088 | -€14,174 | -66.7% |
| Taxes, remuneration and social security | 45 | €15,731 | €45,421 | +€29,690 | +189% |
| Taxes | 450/3 | €15,731 | €45,421 | +€29,690 | +189% |
| Other amounts payable | 47/48 | €77,115 | €195,560 | +€118,445 | +154% |
| Accrued charges and deferred income | 492/3 | €1,484 | €5,146 | +€3,662 | +247% |
| Remuneration, social security and pensions | 62 | - | €469 | +€469 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €183,035 | €187,875 | +€4,840 | +2.6% |
| Other operating charges | 640/8 | €21,664 | €17,970 | -€3,694 | -17.1% |
| Gross operating margin | 9900 | €298,239 | €422,654 | +€124,415 | +41.7% |
| Operating profit (loss) | 9901 | €93,540 | €216,340 | +€122,801 | +131% |
| Financial income | 75/76B | €10,509 | €10,625 | +€116 | +1.1% |
| Recurring financial income | 75 | €10,509 | €10,625 | +€116 | +1.1% |
| Financial charges | 65/66B | €50,528 | €50,311 | -€217 | -0.4% |
| Recurring financial charges | 65 | €50,528 | €50,311 | -€217 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €53,521 | €176,654 | +€123,133 | +230% |
| Transfer from deferred taxes | 780 | €519 | €519 | = | 0.0% |
| Income taxes | 67/77 | €12,449 | €49,566 | +€37,118 | +298% |
| Profit (loss) for the period | 9904 | €41,591 | €127,607 | +€86,016 | +207% |
| Profit (loss) for the period to be appropriated | 9905 | €41,591 | €127,607 | +€86,016 | +207% |
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 25 October 2026 via checked.be.