DE GROOTE WILLIAM: 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 WILLIAM
Largest movements
- Cash +€17,114
up €17,114 (+20.0%), from €85,437 to €102,551
mainly Net result for the year (+€129,381) and Deferred charges and accrued income (+€10,000)
- Deferred charges and accrued income -€10,000
down €10,000 (-99.0%), from €10,100 to €100
- Receivables within one year +€4,822
up €4,822 (+11.8%), from €40,906 to €45,728
of which Other amounts receivable: +€21,822
- Reserves +€9,381
up €9,381 (+18.7%), from €50,138 to €59,519
- Other debts +€6,340
up €6,340 (+238%), from €2,658 to €8,998
- Tax, wage and social debts -€4,397
down €4,397 (-8.9%), from €49,311 to €44,915
- Gross operating margin +€7,097
up €7,097 (+4.1%), from €171,285 to €178,383
- Taxes +€2,233
up €2,233 (+5.0%), from €44,281 to €46,514
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.
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 | €137,531 | €148,855 | +€11,324 | +8.2% |
| Fixed assets | 21/28 | €1,088 | €477 | -€612 | -56.2% |
| Tangible fixed assets | 22/27 | €1,088 | €477 | -€612 | -56.2% |
| Furniture and vehicles | 24 | €1,088 | €477 | -€612 | -56.2% |
| Current assets | 29/58 | €136,443 | €148,379 | +€11,936 | +8.7% |
| Amounts receivable within one year | 40/41 | €40,906 | €45,728 | +€4,822 | +11.8% |
| Trade receivables | 40 | €34,243 | €17,243 | -€17,001 | -49.6% |
| Other amounts receivable | 41 | €6,663 | €28,486 | +€21,822 | +328% |
| Cash at bank and in hand | 54/58 | €85,437 | €102,551 | +€17,114 | +20.0% |
| Deferred charges and accrued income | 490/1 | €10,100 | €100 | -€10,000 | -99.0% |
| Total equity and liabilities | 10/49 | €137,531 | €148,855 | +€11,324 | +8.2% |
| Equity | 10/15 | €85,561 | €94,942 | +€9,381 | +11.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €50,138 | €59,519 | +€9,381 | +18.7% |
| Distributable reserves | 133 | €50,138 | €59,519 | +€9,381 | +18.7% |
| Profit (loss) carried forward | 14 | €15,423 | €15,423 | = | 0.0% |
| Amounts payable | 17/49 | €51,970 | €53,913 | +€1,943 | +3.7% |
| Amounts payable within one year | 42/48 | €51,970 | €53,913 | +€1,943 | +3.7% |
| Taxes, remuneration and social security | 45 | €49,311 | €44,915 | -€4,397 | -8.9% |
| Taxes | 450/3 | €49,311 | €44,915 | -€4,397 | -8.9% |
| Other amounts payable | 47/48 | €2,658 | €8,998 | +€6,340 | +238% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €612 | €612 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,889 | €1,941 | +€53 | +2.8% |
| Gross operating margin | 9900 | €171,285 | €178,383 | +€7,097 | +4.1% |
| Operating profit (loss) | 9901 | €168,785 | €175,830 | +€7,045 | +4.2% |
| Financial income | 75/76B | €176 | €176 | = | 0.0% |
| Recurring financial income | 75 | €176 | €176 | = | 0.0% |
| Financial charges | 65/66B | €85 | €109 | +€25 | +28.9% |
| Recurring financial charges | 65 | €85 | €109 | +€25 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €168,876 | €175,896 | +€7,020 | +4.2% |
| Income taxes | 67/77 | €44,281 | €46,514 | +€2,233 | +5.0% |
| Profit (loss) for the period | 9904 | €124,594 | €129,381 | +€4,787 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €124,594 | €129,381 | +€4,787 | +3.8% |
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 22 October 2026 via checked.be.