DE GROOTE PASCAL: 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.
What changed
DE GROOTE PASCAL
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€159,118
2024 · -€11,780-€147,338
Equity
€3.8m
2024 · €4.0m-€181,918
Cash
€28,728
2024 · €185,147-€156,419
Balance sheet total
€13.1m
2024 · €13.2m-€164,965
Largest movements
Assets
- Cash -€156,419
down €156,419 (-84.5%), from €185,147 to €28,728
mainly Other debts (-€217,278) and Net result for the year (-€159,118)
Equity and liabilities
- Other debts -€217,278
down €217,278 (-22.1%), from €980,951 to €763,673
- Short-term financial debts +€200,000
up €200,000 (+2.6%), from €7.8m to €8.0m
of which Other loans: +€7.8m
- Profit (loss) carried forward -€159,118
down €159,118 (-1,123%), from -€14,167 to -€173,285
Income statement
- Financial charges +€257,045
up €257,045 (+826%), from €31,129 to €288,174
- Financial income +€89,440
up €89,440, from €0 to €89,440
- Gross operating margin +€15,714
up €15,714 (+43.0%), from €36,564 to €52,278
- Depreciation -€3,942
down €3,942 (-27.3%), from €14,456 to €10,514
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.
Result 2024
-€11,780
Gross operating margin
+€15,714
Depreciation
+€3,942
Other operating charges
+€204
Financial income
+€89,440
Financial charges
-€257,045
Taxes
+€406
Result 2025
-€159,118
raises the resultlowers the result
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.
From operations
-€341,129
Investment
+€7,510
Financing
+€177,200
Cash 2024
€185,147
From operations (derived)
-€341,129
Net result for the year
-€159,118
Depreciation
+€10,514
Stocks and contracts
-€19,180
Receivables within one year
+€10,589
Deferred charges and accrued income
-€887
Trade debts
-€11,942
Tax, wage and social debts
+€997
Other debts
-€217,278
Accrued charges and deferred income
+€45,176
Investment (derived)
+€7,510
Investment in fixed assets (net)
+€7,510
Financing
+€177,200
Short-term financial debts
+€200,000
Contributions, distributions and other
-€22,800
Cash 2025
€28,728
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,233,889 | €13,068,924 | -€164,965 | -1.2% |
| Fixed assets | 21/28 | €12,937,646 | €12,919,622 | -€18,024 | -0.1% |
| Tangible fixed assets | 22/27 | €39,117 | €11,092 | -€28,024 | -71.6% |
| Land and buildings | 22 | €14,746 | €10,726 | -€4,020 | -27.3% |
| Plant, machinery and equipment | 23 | €17,510 | €0 | -€17,510 | -100% |
| Furniture and vehicles | 24 | €6,860 | €366 | -€6,494 | -94.7% |
| Financial fixed assets | 28 | €12,898,530 | €12,908,530 | +€10,000 | +0.1% |
| Current assets | 29/58 | €296,243 | €149,302 | -€146,941 | -49.6% |
| Stocks and contracts in progress | 3 | €46,917 | €66,097 | +€19,180 | +40.9% |
| Stocks | 30/36 | €46,917 | €66,097 | +€19,180 | +40.9% |
| Amounts receivable within one year | 40/41 | €61,719 | €51,130 | -€10,589 | -17.2% |
| Trade receivables | 40 | €10,890 | €18,150 | +€7,260 | +66.7% |
| Other amounts receivable | 41 | €50,829 | €32,980 | -€17,849 | -35.1% |
| Cash at bank and in hand | 54/58 | €185,147 | €28,728 | -€156,419 | -84.5% |
| Deferred charges and accrued income | 490/1 | €2,460 | €3,347 | +€887 | +36.1% |
| Total equity and liabilities | 10/49 | €13,233,889 | €13,068,924 | -€164,965 | -1.2% |
| Equity | 10/15 | €3,980,533 | €3,798,615 | -€181,918 | -4.6% |
| Contributions | 10/11 | €3,962,400 | €3,962,400 | = | 0.0% |
| Reserves | 13 | €32,300 | €9,500 | -€22,800 | -70.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €32,300 | €9,500 | -€22,800 | -70.6% |
| Profit (loss) carried forward | 14 | -€14,167 | -€173,285 | -€159,118 | -1,123% |
| Amounts payable | 17/49 | €9,253,356 | €9,270,309 | +€16,953 | +0.2% |
| Amounts payable within one year | 42/48 | €8,761,716 | €8,733,492 | -€28,224 | -0.3% |
| Financial debts | 43 | €7,750,000 | €7,950,000 | +€200,000 | +2.6% |
| Credit institutions | 430/8 | €7,750,000 | €200,000 | -€7.6m | -97.4% |
| Other loans | 439 | - | €7,750,000 | +€7.8m | |
| Trade debts | 44 | €16,994 | €5,052 | -€11,942 | -70.3% |
| Suppliers | 440/4 | €16,994 | €5,052 | -€11,942 | -70.3% |
| Taxes, remuneration and social security | 45 | €13,770 | €14,767 | +€997 | +7.2% |
| Taxes | 450/3 | €10,770 | €11,767 | +€997 | +9.3% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €980,951 | €763,673 | -€217,278 | -22.1% |
| Accrued charges and deferred income | 492/3 | €491,641 | €536,817 | +€45,176 | +9.2% |
| Non-recurring operating income | 76A | - | €4,170 | +€4,170 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,456 | €10,514 | -€3,942 | -27.3% |
| Other operating charges | 640/8 | €2,131 | €1,927 | -€204 | -9.6% |
| Gross operating margin | 9900 | €36,564 | €52,278 | +€15,714 | +43.0% |
| Operating profit (loss) | 9901 | €19,977 | €39,838 | +€19,861 | +99.4% |
| Financial income | 75/76B | €0 | €89,440 | +€89,440 | |
| Recurring financial income | 75 | €0 | €89,440 | +€89,440 | |
| Financial charges | 65/66B | €31,129 | €288,174 | +€257,045 | +826% |
| Recurring financial charges | 65 | €31,129 | €288,174 | +€257,045 | +826% |
| Profit (loss) for the period before taxes | 9903 | -€11,152 | -€158,897 | -€147,744 | -1,325% |
| Income taxes | 67/77 | €628 | €221 | -€406 | -64.7% |
| Profit (loss) for the period | 9904 | -€11,780 | -€159,118 | -€147,338 | -1,251% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,780 | -€159,118 | -€147,338 | -1,251% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.