De Grote: what changed
Two fiscal 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 Grote
Largest movements
- Tangible fixed assets -€11,036
down €11,036 (-21.3%), from €51,793 to €40,757
of which Furniture and vehicles: -€10,176
- Cash -€4,236
down €4,236 (-77.6%), from €5,460 to €1,224
mainly Net result for the year (-€87,199) and Debts after one year (-€15,219)
- Other debts +€90,848
up €90,848 (+56.6%), from €160,559 to €251,407
- Profit (loss) carried forward -€87,199
down €87,199 (-299.9%), from -€29,072 to -€116,270
- Debts after one year -€15,219
down €15,219 (-39.2%), from €38,781 to €23,562
- Trade debts -€12,946
down €12,946 (-96.8%), from €13,370 to €424
- Current portion of long-term debt +€7,749
new in 2025: €7,749
- Gross operating margin -€59,038
down €59,038 (-445.4%), from -€13,254 to -€72,292
- Purchases and services -€14,758
no longer reported in 2025 (was €14,758)
- Other operating charges -€10,569
down €10,569 (-87.7%), from €12,050 to €1,481
- Depreciation +€7,649
up €7,649 (+225.9%), from €3,387 to €11,036
- Financial charges +€1,151
up €1,151 (+459.0%), from €251 to €1,402
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.
Cash bridge derived
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 | €188,769 | €173,002 | -€15,767 | -8.4% |
| Fixed assets | 21/28 | €51,793 | €40,757 | -€11,036 | -21.3% |
| Tangible fixed assets | 22/27 | €51,793 | €40,757 | -€11,036 | -21.3% |
| Plant, machinery and equipment | 23 | €3,672 | €2,813 | -€860 | -23.4% |
| Furniture and vehicles | 24 | €48,121 | €37,944 | -€10,176 | -21.1% |
| Current assets | 29/58 | €136,976 | €132,245 | -€4,731 | -3.5% |
| Stocks and contracts in progress | 3 | €130,000 | €130,000 | = | 0.0% |
| Stocks | 30/36 | €130,000 | €130,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,460 | €1,224 | -€4,236 | -77.6% |
| Deferred charges and accrued income | 490/1 | €1,516 | €1,021 | -€495 | -32.6% |
| Total equity and liabilities | 10/49 | €188,769 | €173,002 | -€15,767 | -8.4% |
| Equity | 10/15 | -€24,072 | -€111,270 | -€87,199 | -362.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,072 | -€116,270 | -€87,199 | -299.9% |
| Amounts payable | 17/49 | €212,840 | €284,272 | +€71,432 | +33.6% |
| Amounts payable after more than one year | 17 | €38,781 | €23,562 | -€15,219 | -39.2% |
| Financial debts | 170/4 | €38,781 | €23,562 | -€15,219 | -39.2% |
| Amounts payable within one year | 42/48 | €174,059 | €260,710 | +€86,651 | +49.8% |
| Current portion of amounts payable after more than one year | 42 | - | €7,749 | +€7,749 | |
| Trade debts | 44 | €13,370 | €424 | -€12,946 | -96.8% |
| Suppliers | 440/4 | €13,370 | €424 | -€12,946 | -96.8% |
| Taxes, remuneration and social security | 45 | €130 | €1,130 | +€1,000 | +769.1% |
| Taxes | 450/3 | €130 | €1,130 | +€1,000 | +769.1% |
| Other amounts payable | 47/48 | €160,559 | €251,407 | +€90,848 | +56.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €14,758 | - | -€14,758 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,387 | €11,036 | +€7,649 | +225.9% |
| Other operating charges | 640/8 | €12,050 | €1,481 | -€10,569 | -87.7% |
| Gross operating margin | 9900 | -€13,254 | -€72,292 | -€59,038 | -445.4% |
| Operating profit (loss) | 9901 | -€28,691 | -€84,809 | -€56,118 | -195.6% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €251 | €1,402 | +€1,151 | +459.0% |
| Recurring financial charges | 65 | €251 | €1,402 | +€1,151 | +459.0% |
| Profit (loss) for the period before taxes | 9903 | -€28,942 | -€86,199 | -€57,257 | -197.8% |
| Income taxes | 67/77 | €130 | €1,000 | +€870 | +669.1% |
| Profit (loss) for the period | 9904 | -€29,072 | -€87,199 | -€58,127 | -199.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,072 | -€87,199 | -€58,127 | -199.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.