DE GROENE LEEUW: what changed
DE GROENE LEEUW
Largest movements
- Stocks and contracts -€86,313
no longer reported in 2025 (was €86,313)
- Receivables within one year -€61,577
down €61,577 (-95.7%), from €64,346 to €2,769
of which Other amounts receivable: -€52,849
- Cash +€8,414
up €8,414 (+146%), from €5,778 to €14,192
mainly Stocks and contracts (+€86,313) and Receivables within one year (+€61,577)
- Tangible fixed assets -€3,809
down €3,809 (-42.5%), from €8,969 to €5,160
- Profit (loss) carried forward -€94,742
down €94,742 (-220%), from -€43,019 to -€137,760
- Other debts -€46,032
down €46,032 (-36.3%), from €126,652 to €80,620
- Tax, wage and social debts -€2,835
down €2,835 (-25.0%), from €11,354 to €8,518
of which Taxes: -€2,835
- Financial charges +€55,064
up €55,064 (+58,860%), from €94 to €55,157
of which Non-recurring financial charges: +€55,065
- Gross operating margin -€36,431
down €36,431, from €9,643 to -€26,788
- Staff costs -€5,406
down €5,406 (-44.1%), from €12,262 to €6,856
- Depreciation -€496
down €496 (-11.5%), from €4,305 to €3,809
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €168,279 | €23,999 | -€144,280 | -85.7% |
| Fixed assets | 21/28 | €10,369 | €6,560 | -€3,809 | -36.7% |
| Tangible fixed assets | 22/27 | €8,969 | €5,160 | -€3,809 | -42.5% |
| Plant, machinery and equipment | 23 | €8,969 | €5,160 | -€3,809 | -42.5% |
| Financial fixed assets | 28 | €1,400 | €1,400 | = | 0.0% |
| Current assets | 29/58 | €157,910 | €17,439 | -€140,471 | -89.0% |
| Stocks and contracts in progress | 3 | €86,313 | - | -€86,313 | |
| Stocks | 30/36 | €86,313 | - | -€86,313 | |
| Amounts receivable within one year | 40/41 | €64,346 | €2,769 | -€61,577 | -95.7% |
| Trade receivables | 40 | €10,089 | €1,360 | -€8,728 | -86.5% |
| Other amounts receivable | 41 | €54,258 | €1,409 | -€52,849 | -97.4% |
| Current investments | 50/53 | €9 | - | -€9 | |
| Cash at bank and in hand | 54/58 | €5,778 | €14,192 | +€8,414 | +146% |
| Deferred charges and accrued income | 490/1 | €1,464 | €479 | -€985 | -67.3% |
| Total equity and liabilities | 10/49 | €168,279 | €23,999 | -€144,280 | -85.7% |
| Equity | 10/15 | €23,820 | -€70,921 | -€94,742 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,239 | €48,239 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €46,379 | €46,379 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,019 | -€137,760 | -€94,742 | -220% |
| Amounts payable | 17/49 | €144,459 | €94,920 | -€49,538 | -34.3% |
| Amounts payable within one year | 42/48 | €144,459 | €94,920 | -€49,538 | -34.3% |
| Trade debts | 44 | €6,453 | €5,782 | -€671 | -10.4% |
| Suppliers | 440/4 | €6,453 | €5,782 | -€671 | -10.4% |
| Taxes, remuneration and social security | 45 | €11,354 | €8,518 | -€2,835 | -25.0% |
| Taxes | 450/3 | €3,080 | €245 | -€2,835 | -92.0% |
| Remuneration and social security | 454/9 | €8,273 | €8,273 | = | 0.0% |
| Other amounts payable | 47/48 | €126,652 | €80,620 | -€46,032 | -36.3% |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Remuneration, social security and pensions | 62 | €12,262 | €6,856 | -€5,406 | -44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,305 | €3,809 | -€496 | -11.5% |
| Other operating charges | 640/8 | €1,850 | €2,039 | +€190 | +10.2% |
| Gross operating margin | 9900 | €9,643 | -€26,788 | -€36,431 | |
| Operating profit (loss) | 9901 | -€8,774 | -€39,492 | -€30,719 | -350% |
| Financial income | 75/76B | €205 | €13 | -€192 | -93.6% |
| Recurring financial income | 75 | €205 | €13 | -€192 | -93.6% |
| Financial charges | 65/66B | €94 | €55,157 | +€55,064 | +58,860% |
| Recurring financial charges | 65 | €94 | €92 | -€1 | -1.6% |
| Non-recurring financial charges | 66B | - | €55,065 | +€55,065 | |
| Profit (loss) for the period before taxes | 9903 | -€8,662 | -€94,636 | -€85,974 | -993% |
| Income taxes | 67/77 | €259 | €105 | -€154 | -59.3% |
| Profit (loss) for the period | 9904 | -€8,921 | -€94,742 | -€85,820 | -962% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,921 | -€94,742 | -€85,820 | -962% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.