DE GROOTE & C°: 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 GROOTE & C°
Largest movements
- Tangible fixed assets +€143,558
up €143,558 (+441%), from €32,570 to €176,127
of which Leasing and similar rights: +€103,936
- Cash +€50,926
up €50,926 (+240%), from €21,195 to €72,121
mainly Debts after one year (+€80,427) and Trade debts (+€57,892)
- Receivables within one year -€13,360
down €13,360 (-46.9%), from €28,469 to €15,110
of which Trade receivables: -€18,995
- Debts after one year +€80,427
up €80,427 (+2,355%), from €3,415 to €83,842
- Trade debts +€57,892
up €57,892 (+7,012%), from €826 to €58,718
- Reserves +€23,424
up €23,424 (+40.2%), from €58,262 to €81,687
- Current portion of long-term debt +€13,081
up €13,081 (+178%), from €7,365 to €20,446
- Tax, wage and social debts +€6,300
new in 2025: €6,300
- Gross operating margin +€27,884
up €27,884 (+126%), from €22,185 to €50,069
- Taxes +€7,220
up €7,220 (+3,203%), from €225 to €7,445
- Depreciation +€1,669
up €1,669 (+11.3%), from €14,722 to €16,392
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 | €82,269 | €263,393 | +€181,124 | +220% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €32,605 | €176,162 | +€143,558 | +440% |
| Tangible fixed assets | 22/27 | €32,570 | €176,127 | +€143,558 | +441% |
| Land and buildings | 22 | €4,775 | €3,993 | -€782 | -16.4% |
| Plant, machinery and equipment | 23 | €27,128 | €13,819 | -€13,308 | -49.1% |
| Furniture and vehicles | 24 | €667 | €54,379 | +€53,712 | +8,054% |
| Leasing and similar rights | 25 | - | €103,936 | +€103,936 | |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €49,664 | €87,231 | +€37,567 | +75.6% |
| Amounts receivable within one year | 40/41 | €28,469 | €15,110 | -€13,360 | -46.9% |
| Trade receivables | 40 | €21,040 | €2,045 | -€18,995 | -90.3% |
| Other amounts receivable | 41 | €7,429 | €13,065 | +€5,635 | +75.9% |
| Cash at bank and in hand | 54/58 | €21,195 | €72,121 | +€50,926 | +240% |
| Total equity and liabilities | 10/49 | €82,269 | €263,393 | +€181,124 | +220% |
| Equity | 10/15 | €70,662 | €94,087 | +€23,424 | +33.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €58,262 | €81,687 | +€23,424 | +40.2% |
| Distributable reserves | 133 | €58,262 | €81,687 | +€23,424 | +40.2% |
| Amounts payable | 17/49 | €11,606 | €169,306 | +€157,700 | +1,359% |
| Amounts payable after more than one year | 17 | €3,415 | €83,842 | +€80,427 | +2,355% |
| Financial debts | 170/4 | €3,415 | €83,842 | +€80,427 | +2,355% |
| Amounts payable within one year | 42/48 | €8,191 | €85,464 | +€77,273 | +943% |
| Current portion of amounts payable after more than one year | 42 | €7,365 | €20,446 | +€13,081 | +178% |
| Trade debts | 44 | €826 | €58,718 | +€57,892 | +7,012% |
| Suppliers | 440/4 | €826 | €58,718 | +€57,892 | +7,012% |
| Taxes, remuneration and social security | 45 | - | €6,300 | +€6,300 | |
| Taxes | 450/3 | - | €6,300 | +€6,300 | |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €199 | €514 | +€315 | +159% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,722 | €16,392 | +€1,669 | +11.3% |
| Other operating charges | 640/8 | €1,188 | €1,168 | -€19 | -1.6% |
| Gross operating margin | 9900 | €22,185 | €50,069 | +€27,884 | +126% |
| Operating profit (loss) | 9901 | €6,076 | €31,995 | +€25,919 | +427% |
| Financial charges | 65/66B | €697 | €1,126 | +€429 | +61.6% |
| Recurring financial charges | 65 | €697 | €1,126 | +€429 | +61.6% |
| Profit (loss) for the period before taxes | 9903 | €5,379 | €30,869 | +€25,490 | +474% |
| Income taxes | 67/77 | €225 | €7,445 | +€7,220 | +3,203% |
| Profit (loss) for the period | 9904 | €5,154 | €23,424 | +€18,271 | +355% |
| Profit (loss) for the period to be appropriated | 9905 | €5,154 | €23,424 | +€18,271 | +355% |
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 28 October 2026 via checked.be.