DEGROOTE BEHEER: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
What changed
DEGROOTE BEHEER
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€174,824
2024 · €1.3m-€1.1m
Equity
€13.9m
2024 · €13.7m+€174,824
Cash
€4,566
2024 · €5,156-€589
Balance sheet total
€26.7m
2024 · €26.3m+€378,780
Largest movements
Assets
- Receivables within one year +€496,162
up €496,162 (+49.9%), from €993,432 to €1.5m
of which Other amounts receivable: +€841,901
Equity and liabilities
- Other debts +€551,665
up €551,665 (+12.1%), from €4.6m to €5.1m
- Trade debts -€297,265
down €297,265 (-98.8%), from €300,850 to €3,584
Income statement
- Financial income -€1.3m
down €1.3m (-96.7%), from €1.4m to €45,523
of which Financial income: -€1.3m
- Financial charges -€147,807
down €147,807 (-30.2%), from €488,931 to €341,124
- Turnover +€57,220
up €57,220 (+3.7%), from €1.6m to €1.6m
- Staff costs -€52,980
down €52,980 (-18.3%), from €289,683 to €236,703
- Taxes +€40,363
up €40,363 (+6,751%), from €598 to €40,961
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.3m
Turnover
+€57,220
Other operating income
+€3,900
Services and other goods
-€30,569
Staff costs
+€52,980
Depreciation
+€4,878
Other operating charges
+€595
Financial income
-€1.3m
Financial charges
+€147,807
Taxes
-€40,363
Result 2025
€174,824
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€89,258
Investment
+€9,485
Financing
+€79,184
Cash 2024
€5,156
From operations (derived)
-€89,258
Net result for the year
+€174,824
Depreciation
+€106,748
Receivables within one year
-€496,162
Smaller working-capital items
+€1,686
Trade debts
-€297,265
Tax, wage and social debts
-€130,754
Other debts
+€551,665
Investment (derived)
+€9,485
Investment in fixed assets (net)
+€9,485
Financing
+€79,184
Current portion of long-term debt
-€92,500
Short-term financial debts
+€171,684
Cash 2025
€4,566
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,298,329 | €26,677,109 | +€378,780 | +1.4% |
| Fixed assets | 21/28 | €25,292,819 | €25,176,586 | -€116,233 | -0.5% |
| Tangible fixed assets | 22/27 | €986,419 | €870,186 | -€116,233 | -11.8% |
| Land and buildings | 22 | €933,505 | €836,693 | -€96,813 | -10.4% |
| Furniture and vehicles | 24 | €52,914 | €33,493 | -€19,421 | -36.7% |
| Financial fixed assets | 28 | €24,306,400 | €24,306,400 | = | 0.0% |
| Affiliated companies | 280/1 | €24,306,400 | €24,306,400 | = | 0.0% |
| Participating interests | 280 | €24,306,400 | €24,306,400 | = | 0.0% |
| Current assets | 29/58 | €1,005,510 | €1,500,523 | +€495,013 | +49.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €993,432 | €1,489,594 | +€496,162 | +49.9% |
| Trade receivables | 40 | €352,487 | €6,748 | -€345,739 | -98.1% |
| Other amounts receivable | 41 | €640,945 | €1,482,846 | +€841,901 | +131% |
| Cash at bank and in hand | 54/58 | €5,156 | €4,566 | -€589 | -11.4% |
| Deferred charges and accrued income | 490/1 | €6,923 | €6,363 | -€560 | -8.1% |
| Total equity and liabilities | 10/49 | €26,298,329 | €26,677,109 | +€378,780 | +1.4% |
| Equity | 10/15 | €13,680,389 | €13,855,213 | +€174,824 | +1.3% |
| Contributions | 10/11 | €9,618,145 | €9,618,145 | = | 0.0% |
| Reserves | 13 | €613 | €613 | = | 0.0% |
| Tax-exempt reserves | 132 | €613 | €613 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,061,632 | €4,236,455 | +€174,824 | +4.3% |
| Amounts payable | 17/49 | €12,617,940 | €12,821,896 | +€203,956 | +1.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €12,617,940 | €12,820,769 | +€202,830 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €92,500 | €0 | -€92,500 | -100% |
| Financial debts | 43 | €7,441,500 | €7,613,184 | +€171,684 | +2.3% |
| Credit institutions | 430/8 | €7,441,500 | €7,613,184 | +€171,684 | +2.3% |
| Trade debts | 44 | €300,850 | €3,584 | -€297,265 | -98.8% |
| Suppliers | 440/4 | €300,850 | €3,584 | -€297,265 | -98.8% |
| Taxes, remuneration and social security | 45 | €226,675 | €95,921 | -€130,754 | -57.7% |
| Taxes | 450/3 | €167,137 | €65,744 | -€101,394 | -60.7% |
| Remuneration and social security | 454/9 | €59,538 | €30,177 | -€29,361 | -49.3% |
| Other amounts payable | 47/48 | €4,556,415 | €5,108,080 | +€551,665 | +12.1% |
| Accrued charges and deferred income | 492/3 | - | €1,126 | +€1,126 | |
| Operating income | 70/76A | €1,558,760 | €1,619,880 | +€61,120 | +3.9% |
| Turnover | 70 | €1,558,760 | €1,615,980 | +€57,220 | +3.7% |
| Other operating income | 74 | €0 | €3,900 | +€3,900 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €1,136,379 | €1,108,495 | -€27,885 | -2.5% |
| Services and other goods | 61 | €729,574 | €760,142 | +€30,569 | +4.2% |
| Remuneration, social security and pensions | 62 | €289,683 | €236,703 | -€52,980 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,627 | €106,748 | -€4,878 | -4.4% |
| Other operating charges | 640/8 | €5,496 | €4,901 | -€595 | -10.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €422,381 | €511,385 | +€89,004 | +21.1% |
| Financial income | 75/76B | €1,379,210 | €45,523 | -€1.3m | -96.7% |
| Recurring financial income | 75 | €1,379,210 | €33,258 | -€1.3m | -97.6% |
| Income from financial fixed assets | 750 | €1,349,486 | €0 | -€1.3m | -100% |
| Income from current assets | 751 | €29,724 | €33,253 | +€3,529 | +11.9% |
| Other financial income | 752/9 | - | €5 | +€5 | |
| Non-recurring financial income | 76B | - | €12,265 | +€12,265 | |
| Financial charges | 65/66B | €488,931 | €341,124 | -€147,807 | -30.2% |
| Recurring financial charges | 65 | €488,931 | €341,124 | -€147,807 | -30.2% |
| Debt charges | 650 | €488,225 | €340,637 | -€147,588 | -30.2% |
| Other financial charges | 652/9 | €706 | €486 | -€220 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €1,312,660 | €215,784 | -€1.1m | -83.6% |
| Income taxes | 67/77 | €598 | €40,961 | +€40,363 | +6,751% |
| Taxes | 670/3 | €598 | €40,961 | +€40,363 | +6,751% |
| Profit (loss) for the period | 9904 | €1,312,062 | €174,824 | -€1.1m | -86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,312,062 | €174,824 | -€1.1m | -86.7% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.