DE GROODT: 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 GROODT
Largest movements
- Receivables after one year +€316,835
new in 2024: €316,835
- Cash -€144,069
down €144,069 (-94.8%), from €151,954 to €7,885
mainly Receivables after one year (-€316,835) and Investment in fixed assets (net) (-€31,113)
- Tangible fixed assets +€19,878
up €19,878 (+116%), from €17,185 to €37,062
of which Leasing and similar rights: +€21,741
- Receivables within one year -€6,352
down €6,352 (-8.8%), from €71,827 to €65,475
of which Other amounts receivable: -€71,827
- Reserves +€125,000
up €125,000 (+6,720%), from €1,860 to €126,860
of which Distributable reserves: +€125,000
- Tax, wage and social debts +€60,177
up €60,177 (+234%), from €25,755 to €85,932
- Profit (loss) carried forward +€4,368
up €4,368 (+2.6%), from €168,260 to €172,628
- Gross operating margin +€123,781
up €123,781 (+156%), from €79,506 to €203,287
- Taxes +€42,616
up €42,616 (+266%), from €16,017 to €58,633
- Depreciation +€3,492
up €3,492 (+45.1%), from €7,743 to €11,236
- Financial income -€2,893
no longer reported in 2024 (was €2,893)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,966 | €427,258 | +€186,292 | +77.3% |
| Fixed assets | 21/28 | €17,185 | €37,062 | +€19,878 | +116% |
| Tangible fixed assets | 22/27 | €17,185 | €37,062 | +€19,878 | +116% |
| Furniture and vehicles | 24 | €7,847 | €5,983 | -€1,864 | -23.8% |
| Leasing and similar rights | 25 | €9,338 | €31,079 | +€21,741 | +233% |
| Current assets | 29/58 | €223,781 | €390,195 | +€166,414 | +74.4% |
| Amounts receivable after more than one year | 29 | - | €316,835 | +€316,835 | |
| Other amounts receivable | 291 | - | €316,835 | +€316,835 | |
| Amounts receivable within one year | 40/41 | €71,827 | €65,475 | -€6,352 | -8.8% |
| Trade receivables | 40 | - | €65,475 | +€65,475 | |
| Other amounts receivable | 41 | €71,827 | - | -€71,827 | |
| Cash at bank and in hand | 54/58 | €151,954 | €7,885 | -€144,069 | -94.8% |
| Total equity and liabilities | 10/49 | €240,966 | €427,258 | +€186,292 | +77.3% |
| Equity | 10/15 | €188,720 | €318,088 | +€129,368 | +68.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €126,860 | +€125,000 | +6,720% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €125,000 | +€125,000 | |
| Profit (loss) carried forward | 14 | €168,260 | €172,628 | +€4,368 | +2.6% |
| Amounts payable | 17/49 | €52,245 | €109,169 | +€56,924 | +109% |
| Amounts payable after more than one year | 17 | €3,405 | €1,029 | -€2,376 | -69.8% |
| Financial debts | 170/4 | €3,405 | €1,029 | -€2,376 | -69.8% |
| Amounts payable within one year | 42/48 | €48,841 | €108,140 | +€59,299 | +121% |
| Current portion of amounts payable after more than one year | 42 | €2,248 | €2,376 | +€128 | +5.7% |
| Trade debts | 44 | €20,838 | €19,833 | -€1,005 | -4.8% |
| Suppliers | 440/4 | €20,838 | €19,833 | -€1,005 | -4.8% |
| Taxes, remuneration and social security | 45 | €25,755 | €85,932 | +€60,177 | +234% |
| Taxes | 450/3 | €25,755 | €85,932 | +€60,177 | +234% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,743 | €11,236 | +€3,492 | +45.1% |
| Other operating charges | 640/8 | €1,635 | €980 | -€655 | -40.0% |
| Non-recurring operating charges | 66A | €76 | - | -€76 | |
| Gross operating margin | 9900 | €79,506 | €203,287 | +€123,781 | +156% |
| Operating profit (loss) | 9901 | €70,051 | €191,071 | +€121,020 | +173% |
| Financial income | 75/76B | €2,893 | - | -€2,893 | |
| Recurring financial income | 75 | €2,893 | - | -€2,893 | |
| Financial charges | 65/66B | €1,869 | €3,070 | +€1,202 | +64.3% |
| Recurring financial charges | 65 | €1,869 | €3,070 | +€1,202 | +64.3% |
| Profit (loss) for the period before taxes | 9903 | €71,075 | €188,001 | +€116,926 | +165% |
| Income taxes | 67/77 | €16,017 | €58,633 | +€42,616 | +266% |
| Profit (loss) for the period | 9904 | €55,058 | €129,368 | +€74,310 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €55,058 | €129,368 | +€74,310 | +135% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.