DE GROENE HAND: 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.
DE GROENE HAND
Largest movements
- Cash +€72,014
up €72,014 (+44.4%), from €162,352 to €234,366
mainly Net result for the year (+€56,120) and Depreciation (+€37,416)
- Tangible fixed assets -€32,416
down €32,416 (-10.0%), from €322,622 to €290,207
of which Leasing and similar rights: -€20,254
- Receivables within one year -€31,494
down €31,494 (-61.6%), from €51,156 to €19,662
of which Trade receivables: -€30,560
- Current investments +€12,000
up €12,000 (+52.2%), from €23,000 to €35,000
- Reserves +€56,120
up €56,120 (+22.0%), from €255,548 to €311,668
- Debts after one year -€35,972
down €35,972 (-15.1%), from €237,912 to €201,939
- Tax, wage and social debts +€8,073
up €8,073 (+455%), from €1,772 to €9,846
- Gross operating margin +€11,585
up €11,585 (+10.5%), from €110,091 to €121,676
- Taxes +€4,391
up €4,391 (+21.0%), from €20,871 to €25,262
- Financial income +€3,739
up €3,739 (+716%), from €522 to €4,262
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 | €559,309 | €581,208 | +€21,899 | +3.9% |
| Fixed assets | 21/28 | €322,622 | €290,207 | -€32,416 | -10.0% |
| Tangible fixed assets | 22/27 | €322,622 | €290,207 | -€32,416 | -10.0% |
| Land and buildings | 22 | €258,854 | €248,972 | -€9,883 | -3.8% |
| Plant, machinery and equipment | 23 | €2,607 | €5,967 | +€3,361 | +129% |
| Furniture and vehicles | 24 | €7,109 | €1,470 | -€5,640 | -79.3% |
| Leasing and similar rights | 25 | €54,052 | €33,798 | -€20,254 | -37.5% |
| Current assets | 29/58 | €236,686 | €291,001 | +€54,314 | +22.9% |
| Amounts receivable within one year | 40/41 | €51,156 | €19,662 | -€31,494 | -61.6% |
| Trade receivables | 40 | €46,607 | €16,047 | -€30,560 | -65.6% |
| Other amounts receivable | 41 | €4,549 | €3,615 | -€934 | -20.5% |
| Current investments | 50/53 | €23,000 | €35,000 | +€12,000 | +52.2% |
| Cash at bank and in hand | 54/58 | €162,352 | €234,366 | +€72,014 | +44.4% |
| Deferred charges and accrued income | 490/1 | €178 | €1,973 | +€1,794 | +1,006% |
| Total equity and liabilities | 10/49 | €559,309 | €581,208 | +€21,899 | +3.9% |
| Equity | 10/15 | €267,948 | €324,068 | +€56,120 | +20.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €255,548 | €311,668 | +€56,120 | +22.0% |
| Distributable reserves | 133 | €255,548 | €311,668 | +€56,120 | +22.0% |
| Amounts payable | 17/49 | €291,361 | €257,140 | -€34,221 | -11.7% |
| Amounts payable after more than one year | 17 | €237,912 | €201,939 | -€35,972 | -15.1% |
| Financial debts | 170/4 | €237,912 | €201,939 | -€35,972 | -15.1% |
| Amounts payable within one year | 42/48 | €53,449 | €55,201 | +€1,752 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €37,215 | €35,972 | -€1,243 | -3.3% |
| Trade debts | 44 | €7,251 | €4,213 | -€3,039 | -41.9% |
| Suppliers | 440/4 | €7,251 | €4,213 | -€3,039 | -41.9% |
| Taxes, remuneration and social security | 45 | €1,772 | €9,846 | +€8,073 | +455% |
| Taxes | 450/3 | €1,772 | €9,846 | +€8,073 | +455% |
| Other amounts payable | 47/48 | €7,210 | €5,170 | -€2,040 | -28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,785 | €37,416 | -€369 | -1.0% |
| Other operating charges | 640/8 | €1,783 | €2,541 | +€758 | +42.5% |
| Gross operating margin | 9900 | €110,091 | €121,676 | +€11,585 | +10.5% |
| Operating profit (loss) | 9901 | €70,523 | €81,719 | +€11,197 | +15.9% |
| Financial income | 75/76B | €522 | €4,262 | +€3,739 | +716% |
| Recurring financial income | 75 | €522 | €4,262 | +€3,739 | +716% |
| Financial charges | 65/66B | €5,698 | €4,600 | -€1,098 | -19.3% |
| Recurring financial charges | 65 | €5,698 | €4,600 | -€1,098 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €65,347 | €81,381 | +€16,034 | +24.5% |
| Income taxes | 67/77 | €20,871 | €25,262 | +€4,391 | +21.0% |
| Profit (loss) for the period | 9904 | €44,476 | €56,120 | +€11,643 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,476 | €56,120 | +€11,643 | +26.2% |
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 21 October 2026 via checked.be.