DE GROENE LINDE: what changed
What changed
DE GROENE LINDE
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€153,780
2024 · €140,250+€13,529
Equity
€332,222
2024 · €328,551+€3,671
Cash
€305,388
2024 · €119,808+€185,580
Balance sheet total
€855,458
2024 · €713,558+€141,900
Largest movements
Assets
- Cash +€185,580
up €185,580 (+155%), from €119,808 to €305,388
mainly Net result for the year (+€153,780) and Other debts (+€142,553)
- Tangible fixed assets -€30,051
down €30,051 (-5.5%), from €550,477 to €520,426
of which Land and buildings: -€18,642
Equity and liabilities
- Other debts +€142,553
up €142,553 (+40.4%), from €352,565 to €495,119
Income statement
- Gross operating margin +€19,781
up €19,781 (+7.4%), from €268,767 to €288,549
- Other operating charges +€10,187
up €10,187 (+715%), from €1,424 to €11,611
- Depreciation -€7,394
down €7,394 (-11.1%), from €66,807 to €59,414
- Taxes +€3,251
up €3,251 (+7.5%), from €43,338 to €46,589
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.
Result 2024
€140,250
Gross operating margin
+€19,781
Depreciation
+€7,394
Other operating charges
-€10,187
Financial income
-€3
Financial charges
-€205
Taxes
-€3,251
Result 2025
€153,780
raises the resultlowers the result
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.
From operations
+€364,596
Investment
-€28,907
Financing
-€150,109
Cash 2024
€119,808
From operations (derived)
+€364,596
Net result for the year
+€153,780
Depreciation
+€59,414
Receivables within one year
+€8,270
Deferred charges and accrued income
+€4,903
Trade debts
+€4,091
Tax, wage and social debts
-€5,188
Other debts
+€142,553
Accrued charges and deferred income
-€3,228
Investment (derived)
-€28,907
Investment in fixed assets (net)
-€28,907
Financing
-€150,109
Contributions, distributions and other
-€150,109
Cash 2025
€305,388
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €713,558 | €855,458 | +€141,900 | +19.9% |
| Fixed assets | 21/28 | €551,838 | €521,331 | -€30,507 | -5.5% |
| Intangible fixed assets | 21 | €1,361 | €905 | -€456 | -33.5% |
| Tangible fixed assets | 22/27 | €550,477 | €520,426 | -€30,051 | -5.5% |
| Land and buildings | 22 | €469,773 | €451,131 | -€18,642 | -4.0% |
| Plant, machinery and equipment | 23 | €22,683 | €23,046 | +€363 | +1.6% |
| Furniture and vehicles | 24 | €58,020 | €46,249 | -€11,771 | -20.3% |
| Current assets | 29/58 | €161,720 | €334,127 | +€172,407 | +107% |
| Amounts receivable within one year | 40/41 | €35,542 | €27,272 | -€8,270 | -23.3% |
| Trade receivables | 40 | €28,646 | €26,049 | -€2,597 | -9.1% |
| Other amounts receivable | 41 | €6,896 | €1,223 | -€5,673 | -82.3% |
| Cash at bank and in hand | 54/58 | €119,808 | €305,388 | +€185,580 | +155% |
| Deferred charges and accrued income | 490/1 | €6,370 | €1,466 | -€4,903 | -77.0% |
| Total equity and liabilities | 10/49 | €713,558 | €855,458 | +€141,900 | +19.9% |
| Equity | 10/15 | €328,551 | €332,222 | +€3,671 | +1.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €318,551 | €322,222 | +€3,671 | +1.2% |
| Distributable reserves | 133 | €318,551 | €322,222 | +€3,671 | +1.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €385,007 | €523,236 | +€138,229 | +35.9% |
| Amounts payable within one year | 42/48 | €361,671 | €503,128 | +€141,457 | +39.1% |
| Trade debts | 44 | €235 | €4,326 | +€4,091 | +1,743% |
| Suppliers | 440/4 | €235 | €4,326 | +€4,091 | +1,743% |
| Taxes, remuneration and social security | 45 | €8,871 | €3,684 | -€5,188 | -58.5% |
| Taxes | 450/3 | €8,871 | €3,684 | -€5,188 | -58.5% |
| Other amounts payable | 47/48 | €352,565 | €495,119 | +€142,553 | +40.4% |
| Accrued charges and deferred income | 492/3 | €23,336 | €20,108 | -€3,228 | -13.8% |
| Non-recurring operating income | 76A | - | €5,104 | +€5,104 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,807 | €59,414 | -€7,394 | -11.1% |
| Other operating charges | 640/8 | €1,424 | €11,611 | +€10,187 | +715% |
| Gross operating margin | 9900 | €268,767 | €288,549 | +€19,781 | +7.4% |
| Operating profit (loss) | 9901 | €200,536 | €217,524 | +€16,988 | +8.5% |
| Financial income | 75/76B | €9 | €6 | -€3 | -31.9% |
| Recurring financial income | 75 | €9 | €6 | -€3 | -31.9% |
| Financial charges | 65/66B | €16,957 | €17,162 | +€205 | +1.2% |
| Recurring financial charges | 65 | €16,957 | €17,162 | +€205 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €183,589 | €200,369 | +€16,780 | +9.1% |
| Income taxes | 67/77 | €43,338 | €46,589 | +€3,251 | +7.5% |
| Profit (loss) for the period | 9904 | €140,250 | €153,780 | +€13,529 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €140,250 | €153,780 | +€13,529 | +9.6% |
Next steps
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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 8 November 2026 via checked.be.