DE VOLLE GROND: 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 VOLLE GROND
Largest movements
- Receivables within one year +€32,103
up €32,103 (+216%), from €14,846 to €46,948
of which Trade receivables: +€32,103
- Intangible fixed assets +€9,565
up €9,565 (+77.5%), from €12,339 to €21,904
- Cash +€8,614
up €8,614 (+25.1%), from €34,332 to €42,947
mainly Short-term financial debts (+€37,037) and Accrued charges and deferred income (+€12,253)
- Tangible fixed assets -€7,321
down €7,321 (-14.8%), from €49,424 to €42,104
- Deferred charges and accrued income +€7,113
up €7,113 (+861%), from €826 to €7,939
- Profit (loss) carried forward -€37,098
down €37,098 (-54.8%), from -€67,728 to -€104,827
- Short-term financial debts +€37,037
new in 2025: €37,037
- Accrued charges and deferred income +€12,253
new in 2025: €12,253
- Contributions +€12,250
up €12,250 (+14.8%), from €82,950 to €95,200
- Debts after one year +€7,628
up €7,628 (+17.9%), from €42,538 to €50,166
- Staff costs +€26,367
up €26,367 (+29.2%), from €90,332 to €116,699
- Gross operating margin +€15,612
up €15,612 (+20.5%), from €76,339 to €91,951
- Depreciation +€1,921
up €1,921 (+23.3%), from €8,255 to €10,176
- Financial charges +€1,847
up €1,847 (+40.4%), from €4,576 to €6,422
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 | €112,187 | €162,261 | +€50,074 | +44.6% |
| Fixed assets | 21/28 | €62,183 | €64,428 | +€2,244 | +3.6% |
| Intangible fixed assets | 21 | €12,339 | €21,904 | +€9,565 | +77.5% |
| Tangible fixed assets | 22/27 | €49,424 | €42,104 | -€7,321 | -14.8% |
| Plant, machinery and equipment | 23 | €6,612 | €3,556 | -€3,056 | -46.2% |
| Furniture and vehicles | 24 | €4,870 | €3,591 | -€1,280 | -26.3% |
| Other tangible fixed assets | 26 | €37,942 | €34,957 | -€2,985 | -7.9% |
| Financial fixed assets | 28 | €420 | €420 | = | 0.0% |
| Current assets | 29/58 | €50,004 | €97,834 | +€47,830 | +95.7% |
| Amounts receivable within one year | 40/41 | €14,846 | €46,948 | +€32,103 | +216% |
| Trade receivables | 40 | €9,777 | €41,879 | +€32,103 | +328% |
| Other amounts receivable | 41 | €5,069 | €5,069 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €34,332 | €42,947 | +€8,614 | +25.1% |
| Deferred charges and accrued income | 490/1 | €826 | €7,939 | +€7,113 | +861% |
| Total equity and liabilities | 10/49 | €112,187 | €162,261 | +€50,074 | +44.6% |
| Equity | 10/15 | €21,266 | -€3,582 | -€24,848 | |
| Contributions | 10/11 | €82,950 | €95,200 | +€12,250 | +14.8% |
| Reserves | 13 | €6,044 | €6,044 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,044 | €6,044 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,044 | €6,044 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,728 | -€104,827 | -€37,098 | -54.8% |
| Amounts payable | 17/49 | €90,921 | €165,843 | +€74,922 | +82.4% |
| Amounts payable after more than one year | 17 | €42,538 | €50,166 | +€7,628 | +17.9% |
| Financial debts | 170/4 | €42,538 | €50,166 | +€7,628 | +17.9% |
| Amounts payable within one year | 42/48 | €48,383 | €103,424 | +€55,041 | +114% |
| Current portion of amounts payable after more than one year | 42 | €2,579 | €7,034 | +€4,456 | +173% |
| Financial debts | 43 | - | €37,037 | +€37,037 | |
| Credit institutions | 430/8 | - | €37,037 | +€37,037 | |
| Trade debts | 44 | €28,274 | €35,148 | +€6,875 | +24.3% |
| Suppliers | 440/4 | €28,274 | €35,148 | +€6,875 | +24.3% |
| Taxes, remuneration and social security | 45 | €17,531 | €24,204 | +€6,674 | +38.1% |
| Taxes | 450/3 | €5,822 | €8,999 | +€3,176 | +54.6% |
| Remuneration and social security | 454/9 | €11,708 | €15,205 | +€3,497 | +29.9% |
| Accrued charges and deferred income | 492/3 | - | €12,253 | +€12,253 | |
| Remuneration, social security and pensions | 62 | €90,332 | €116,699 | +€26,367 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,255 | €10,176 | +€1,921 | +23.3% |
| Other operating charges | 640/8 | €1,108 | €856 | -€251 | -22.7% |
| Non-recurring operating charges | 66A | - | -€5,104 | -€5,104 | |
| Gross operating margin | 9900 | €76,339 | €91,951 | +€15,612 | +20.5% |
| Operating profit (loss) | 9901 | -€23,356 | -€30,676 | -€7,320 | -31.3% |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €4,576 | €6,422 | +€1,847 | +40.4% |
| Recurring financial charges | 65 | €4,576 | €6,422 | +€1,847 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | -€27,915 | -€37,098 | -€9,183 | -32.9% |
| Income taxes | 67/77 | €13 | €0 | -€13 | -100% |
| Profit (loss) for the period | 9904 | -€27,929 | -€37,098 | -€9,170 | -32.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,929 | -€37,098 | -€9,170 | -32.8% |
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 28 October 2026 via checked.be.