DEGROMA: 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.
DEGROMA
Largest movements
- Receivables within one year +€45,845
up €45,845 (+279%), from €16,436 to €62,281
- Tangible fixed assets -€33,187
down €33,187 (-2.0%), from €1.7m to €1.6m
of which Land and buildings: -€33,082
- Cash +€24,050
up €24,050 (+40.7%), from €59,078 to €83,128
mainly Depreciation (+€77,893) and Trade debts (+€30,055)
- Trade debts +€30,055
up €30,055 (+58.8%), from €51,082 to €81,137
- Debts after one year -€22,405
down €22,405 (-2.3%), from €979,701 to €957,296
- Reserves +€21,500
up €21,500 (+7.6%), from €281,238 to €302,738
of which Distributable reserves: +€20,425
- Gross operating margin +€16,545
up €16,545 (+13.8%), from €119,927 to €136,472
- Depreciation +€11,554
up €11,554 (+17.4%), from €66,339 to €77,893
- Financial income -€2,847
down €2,847 (-38.3%), from €7,430 to €4,583
- Other operating charges +€2,215
up €2,215 (+24.3%), from €9,123 to €11,338
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 | €1,872,146 | €1,899,011 | +€26,866 | +1.4% |
| Fixed assets | 21/28 | €1,705,716 | €1,671,089 | -€34,627 | -2.0% |
| Tangible fixed assets | 22/27 | €1,661,776 | €1,628,589 | -€33,187 | -2.0% |
| Land and buildings | 22 | €1,661,671 | €1,628,589 | -€33,082 | -2.0% |
| Furniture and vehicles | 24 | €105 | - | -€105 | |
| Financial fixed assets | 28 | €43,940 | €42,500 | -€1,440 | -3.3% |
| Current assets | 29/58 | €166,430 | €227,922 | +€61,492 | +36.9% |
| Amounts receivable within one year | 40/41 | €16,436 | €62,281 | +€45,845 | +279% |
| Trade receivables | 40 | €16,436 | €62,281 | +€45,845 | +279% |
| Current investments | 50/53 | €89,640 | €79,310 | -€10,330 | -11.5% |
| Cash at bank and in hand | 54/58 | €59,078 | €83,128 | +€24,050 | +40.7% |
| Deferred charges and accrued income | 490/1 | €1,276 | €3,203 | +€1,928 | +151% |
| Total equity and liabilities | 10/49 | €1,872,146 | €1,899,011 | +€26,866 | +1.4% |
| Equity | 10/15 | €505,809 | €527,309 | +€21,500 | +4.3% |
| Contributions | 10/11 | €224,571 | €224,571 | = | 0.0% |
| Capital | 10 | €224,571 | €224,571 | = | 0.0% |
| Issued capital | 100 | €224,571 | €224,571 | = | 0.0% |
| Reserves | 13 | €281,238 | €302,738 | +€21,500 | +7.6% |
| Non-distributable reserves | 130/1 | €17,472 | €18,547 | +€1,075 | +6.2% |
| Legal reserve | 130 | €17,472 | €18,547 | +€1,075 | +6.2% |
| Distributable reserves | 133 | €263,766 | €284,191 | +€20,425 | +7.7% |
| Amounts payable | 17/49 | €1,366,336 | €1,371,702 | +€5,366 | +0.4% |
| Amounts payable after more than one year | 17 | €979,701 | €957,296 | -€22,405 | -2.3% |
| Financial debts | 170/4 | €979,701 | €957,296 | -€22,405 | -2.3% |
| Amounts payable within one year | 42/48 | €343,533 | €358,857 | +€15,324 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €21,503 | €22,405 | +€903 | +4.2% |
| Trade debts | 44 | €51,082 | €81,137 | +€30,055 | +58.8% |
| Suppliers | 440/4 | €51,082 | €81,137 | +€30,055 | +58.8% |
| Taxes, remuneration and social security | 45 | €37,070 | €26,098 | -€10,971 | -29.6% |
| Taxes | 450/3 | €37,070 | €26,098 | -€10,971 | -29.6% |
| Other amounts payable | 47/48 | €233,879 | €229,216 | -€4,662 | -2.0% |
| Accrued charges and deferred income | 492/3 | €43,103 | €55,550 | +€12,447 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,339 | €77,893 | +€11,554 | +17.4% |
| Other operating charges | 640/8 | €9,123 | €11,338 | +€2,215 | +24.3% |
| Gross operating margin | 9900 | €119,927 | €136,472 | +€16,545 | +13.8% |
| Operating profit (loss) | 9901 | €44,465 | €47,241 | +€2,776 | +6.2% |
| Financial income | 75/76B | €7,430 | €4,583 | -€2,847 | -38.3% |
| Recurring financial income | 75 | €7,430 | €4,583 | -€2,847 | -38.3% |
| Financial charges | 65/66B | €20,388 | €20,873 | +€486 | +2.4% |
| Recurring financial charges | 65 | €20,388 | €20,873 | +€486 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €31,507 | €30,950 | -€556 | -1.8% |
| Income taxes | 67/77 | €9,355 | €9,450 | +€96 | +1.0% |
| Profit (loss) for the period | 9904 | €22,152 | €21,500 | -€652 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,152 | €21,500 | -€652 | -2.9% |
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 21 October 2026 via checked.be.