DEGROOTE A.: 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.
DEGROOTE A.
Largest movements
- Cash +€105,231
up €105,231 (+87.5%), from €120,333 to €225,564
mainly Current investments (+€80,000) and Net result for the year (+€12,609)
- Current investments -€80,000
down €80,000 (-100%), from €80,000 to €0
- Receivables within one year +€9,789
up €9,789 (+55.0%), from €17,783 to €27,573
of which Trade receivables: +€7,511
- Tangible fixed assets -€5,569
down €5,569 (-42.7%), from €13,046 to €7,477
of which Plant, machinery and equipment: -€3,373
- Stocks and contracts -€3,927
down €3,927 (-31.3%), from €12,562 to €8,635
- Reserves +€12,609
up €12,609 (+11.1%), from €113,593 to €126,202
- Trade debts +€10,469
up €10,469 (+293%), from €3,575 to €14,044
- Other debts +€4,523
up €4,523 (+4.7%), from €96,605 to €101,128
- Staff costs +€6,564
up €6,564 (+23.8%), from €27,628 to €34,193
- Gross operating margin -€4,615
down €4,615 (-5.7%), from €81,241 to €76,626
- Other operating charges -€3,630
down €3,630 (-27.5%), from €13,208 to €9,577
- Taxes -€2,510
down €2,510 (-30.1%), from €8,328 to €5,817
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 | €250,451 | €278,652 | +€28,201 | +11.3% |
| Fixed assets | 21/28 | €13,046 | €7,477 | -€5,569 | -42.7% |
| Tangible fixed assets | 22/27 | €13,046 | €7,477 | -€5,569 | -42.7% |
| Land and buildings | 22 | €976 | €471 | -€505 | -51.7% |
| Plant, machinery and equipment | 23 | €8,940 | €5,566 | -€3,373 | -37.7% |
| Furniture and vehicles | 24 | €1,159 | €722 | -€437 | -37.7% |
| Other tangible fixed assets | 26 | €1,971 | €717 | -€1,254 | -63.6% |
| Current assets | 29/58 | €237,405 | €271,176 | +€33,770 | +14.2% |
| Stocks and contracts in progress | 3 | €12,562 | €8,635 | -€3,927 | -31.3% |
| Stocks | 30/36 | €12,562 | €8,635 | -€3,927 | -31.3% |
| Amounts receivable within one year | 40/41 | €17,783 | €27,573 | +€9,789 | +55.0% |
| Trade receivables | 40 | €13,141 | €20,652 | +€7,511 | +57.2% |
| Other amounts receivable | 41 | €4,642 | €6,921 | +€2,279 | +49.1% |
| Current investments | 50/53 | €80,000 | €0 | -€80,000 | -100% |
| Cash at bank and in hand | 54/58 | €120,333 | €225,564 | +€105,231 | +87.5% |
| Deferred charges and accrued income | 490/1 | €6,727 | €9,403 | +€2,677 | +39.8% |
| Total equity and liabilities | 10/49 | €250,451 | €278,652 | +€28,201 | +11.3% |
| Equity | 10/15 | €132,193 | €144,802 | +€12,609 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €113,593 | €126,202 | +€12,609 | +11.1% |
| Distributable reserves | 133 | €113,593 | €126,202 | +€12,609 | +11.1% |
| Amounts payable | 17/49 | €118,258 | €133,850 | +€15,592 | +13.2% |
| Amounts payable within one year | 42/48 | €111,201 | €126,840 | +€15,639 | +14.1% |
| Trade debts | 44 | €3,575 | €14,044 | +€10,469 | +293% |
| Suppliers | 440/4 | €3,575 | €14,044 | +€10,469 | +293% |
| Taxes, remuneration and social security | 45 | €11,020 | €11,667 | +€647 | +5.9% |
| Taxes | 450/3 | €8,777 | €8,800 | +€23 | +0.3% |
| Remuneration and social security | 454/9 | €2,243 | €2,867 | +€624 | +27.8% |
| Other amounts payable | 47/48 | €96,605 | €101,128 | +€4,523 | +4.7% |
| Accrued charges and deferred income | 492/3 | €7,057 | €7,011 | -€47 | -0.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €27,628 | €34,193 | +€6,564 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,571 | €7,165 | -€406 | -5.4% |
| Other operating charges | 640/8 | €13,208 | €9,577 | -€3,630 | -27.5% |
| Gross operating margin | 9900 | €81,241 | €76,626 | -€4,615 | -5.7% |
| Operating profit (loss) | 9901 | €32,834 | €25,690 | -€7,143 | -21.8% |
| Financial income | 75/76B | €2,146 | €1,692 | -€454 | -21.2% |
| Recurring financial income | 75 | €2,146 | €1,692 | -€454 | -21.2% |
| Financial charges | 65/66B | €8,297 | €8,956 | +€659 | +7.9% |
| Recurring financial charges | 65 | €8,297 | €8,956 | +€659 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €26,682 | €18,426 | -€8,256 | -30.9% |
| Income taxes | 67/77 | €8,328 | €5,817 | -€2,510 | -30.1% |
| Profit (loss) for the period | 9904 | €18,354 | €12,609 | -€5,745 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,354 | €12,609 | -€5,745 | -31.3% |
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 16 October 2026 via checked.be.