DE GROTE GOESTING: 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 GROTE GOESTING
Largest movements
- Receivables within one year +€17,727
up €17,727 (+307%), from €5,784 to €23,511
of which Trade receivables: +€11,160
- Cash -€12,706
down €12,706 (-22.8%), from €55,802 to €43,096
mainly Receivables within one year (-€17,727) and Contributions, distributions and other (-€10,229)
- Deferred charges and accrued income -€2,499
down €2,499 (-60.5%), from €4,133 to €1,635
- Tangible fixed assets -€2,052
down €2,052 (-15.3%), from €13,430 to €11,379
of which Land and buildings: -€1,498
- Profit (loss) carried forward +€11,571
no longer reported in 2025 (was -€11,571)
- Trade debts -€7,304
down €7,304 (-27.4%), from €26,636 to €19,332
- Reserves -€2,204
down €2,204 (-3.6%), from €61,452 to €59,248
of which Distributable reserves: -€2,204
- Tax, wage and social debts -€1,190
down €1,190 (-18.9%), from €6,297 to €5,106
of which Taxes: -€771
- Gross operating margin +€31,200
up €31,200 (+33.4%), from €93,498 to €124,697
- Staff costs +€15,266
up €15,266 (+20.3%), from €75,129 to €90,395
- Taxes +€3,555
up €3,555 (+446%), from €798 to €4,352
- Depreciation -€1,743
down €1,743 (-16.8%), from €10,358 to €8,615
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 | €92,414 | €92,885 | +€471 | +0.5% |
| Fixed assets | 21/28 | €16,430 | €14,379 | -€2,052 | -12.5% |
| Tangible fixed assets | 22/27 | €13,430 | €11,379 | -€2,052 | -15.3% |
| Land and buildings | 22 | €1,498 | - | -€1,498 | |
| Plant, machinery and equipment | 23 | €6,200 | €5,858 | -€342 | -5.5% |
| Furniture and vehicles | 24 | €2,171 | €3,207 | +€1,036 | +47.7% |
| Other tangible fixed assets | 26 | €3,562 | €2,314 | -€1,248 | -35.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €75,984 | €78,506 | +€2,522 | +3.3% |
| Stocks and contracts in progress | 3 | €10,265 | €10,265 | = | 0.0% |
| Stocks | 30/36 | €10,265 | €10,265 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,784 | €23,511 | +€17,727 | +307% |
| Trade receivables | 40 | €182 | €11,342 | +€11,160 | +6,132% |
| Other amounts receivable | 41 | €5,602 | €12,169 | +€6,567 | +117% |
| Cash at bank and in hand | 54/58 | €55,802 | €43,096 | -€12,706 | -22.8% |
| Deferred charges and accrued income | 490/1 | €4,133 | €1,635 | -€2,499 | -60.5% |
| Total equity and liabilities | 10/49 | €92,414 | €92,885 | +€471 | +0.5% |
| Equity | 10/15 | €56,081 | €65,448 | +€9,367 | +16.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €61,452 | €59,248 | -€2,204 | -3.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,900 | €19,900 | = | 0.0% |
| Distributable reserves | 133 | €39,552 | €37,348 | -€2,204 | -5.6% |
| Profit (loss) carried forward | 14 | -€11,571 | - | +€11,571 | |
| Amounts payable | 17/49 | €36,333 | €27,437 | -€8,896 | -24.5% |
| Amounts payable within one year | 42/48 | €36,333 | €27,437 | -€8,896 | -24.5% |
| Trade debts | 44 | €26,636 | €19,332 | -€7,304 | -27.4% |
| Suppliers | 440/4 | €26,636 | €19,332 | -€7,304 | -27.4% |
| Taxes, remuneration and social security | 45 | €6,297 | €5,106 | -€1,190 | -18.9% |
| Taxes | 450/3 | €771 | - | -€771 | |
| Remuneration and social security | 454/9 | €5,525 | €5,106 | -€419 | -7.6% |
| Other amounts payable | 47/48 | €3,400 | €2,998 | -€401 | -11.8% |
| Non-recurring operating income | 76A | €9,132 | - | -€9,132 | |
| Remuneration, social security and pensions | 62 | €75,129 | €90,395 | +€15,266 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,358 | €8,615 | -€1,743 | -16.8% |
| Other operating charges | 640/8 | €1,481 | €1,470 | -€11 | -0.8% |
| Gross operating margin | 9900 | €93,498 | €124,697 | +€31,200 | +33.4% |
| Operating profit (loss) | 9901 | €6,529 | €24,217 | +€17,688 | +271% |
| Financial income | 75/76B | €18 | €1 | -€17 | -95.5% |
| Recurring financial income | 75 | €18 | €1 | -€17 | -95.5% |
| Financial charges | 65/66B | €273 | €270 | -€3 | -1.2% |
| Recurring financial charges | 65 | €273 | €270 | -€3 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €6,274 | €23,948 | +€17,674 | +282% |
| Income taxes | 67/77 | €798 | €4,352 | +€3,555 | +446% |
| Profit (loss) for the period | 9904 | €5,476 | €19,596 | +€14,119 | +258% |
| Profit (loss) for the period to be appropriated | 9905 | €5,476 | €19,596 | +€14,119 | +258% |
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 17 October 2026 via checked.be.