DR. DE GROOT VEVA: 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.
DR. DE GROOT VEVA
Largest movements
- Current investments +€50,000
up €50,000 (+20.0%), from €250,000 to €300,000
- Receivables within one year +€36,435
new in 2025: €36,435
- Cash +€35,712
up €35,712 (+3.9%), from €919,130 to €954,842
mainly Net result for the year (+€252,312) and Other debts (+€102,842)
- Other debts +€102,842
up €102,842 (+2,551%), from €4,032 to €106,873
- Reserves +€80,201
up €80,201 (+7.1%), from €1.1m to €1.2m
- Tax, wage and social debts -€77,986
down €77,986 (-89.3%), from €87,320 to €9,333
- Gross operating margin -€157,227
down €157,227 (-30.4%), from €517,531 to €360,304
- Taxes -€51,653
down €51,653 (-31.7%), from €163,113 to €111,460
- Financial income +€5,244
up €5,244 (+196%), from €2,669 to €7,913
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 | €1,234,351 | €1,344,494 | +€110,144 | +8.9% |
| Fixed assets | 21/28 | €50,520 | €47,618 | -€2,903 | -5.7% |
| Tangible fixed assets | 22/27 | €50,520 | €47,618 | -€2,903 | -5.7% |
| Land and buildings | 22 | €47,869 | €45,643 | -€2,226 | -4.7% |
| Furniture and vehicles | 24 | €2,651 | €1,975 | -€676 | -25.5% |
| Current assets | 29/58 | €1,183,830 | €1,296,876 | +€113,046 | +9.5% |
| Amounts receivable within one year | 40/41 | - | €36,435 | +€36,435 | |
| Trade receivables | 40 | - | €36,435 | +€36,435 | |
| Current investments | 50/53 | €250,000 | €300,000 | +€50,000 | +20.0% |
| Cash at bank and in hand | 54/58 | €919,130 | €954,842 | +€35,712 | +3.9% |
| Deferred charges and accrued income | 490/1 | €14,700 | €5,600 | -€9,101 | -61.9% |
| Total equity and liabilities | 10/49 | €1,234,351 | €1,344,494 | +€110,144 | +8.9% |
| Equity | 10/15 | €1,141,375 | €1,221,576 | +€80,201 | +7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,122,775 | €1,202,976 | +€80,201 | +7.1% |
| Distributable reserves | 133 | €1,122,775 | €1,202,976 | +€80,201 | +7.1% |
| Amounts payable | 17/49 | €92,975 | €122,918 | +€29,943 | +32.2% |
| Amounts payable within one year | 42/48 | €92,975 | €122,918 | +€29,943 | +32.2% |
| Trade debts | 44 | €1,624 | €6,711 | +€5,087 | +313% |
| Suppliers | 440/4 | €1,624 | €6,711 | +€5,087 | +313% |
| Taxes, remuneration and social security | 45 | €87,320 | €9,333 | -€77,986 | -89.3% |
| Taxes | 450/3 | €87,320 | €9,333 | -€77,986 | -89.3% |
| Other amounts payable | 47/48 | €4,032 | €106,873 | +€102,842 | +2,551% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,903 | €2,903 | -€0 | 0.0% |
| Other operating charges | 640/8 | €760 | €1,466 | +€706 | +92.9% |
| Gross operating margin | 9900 | €517,531 | €360,304 | -€157,227 | -30.4% |
| Operating profit (loss) | 9901 | €513,869 | €355,936 | -€157,932 | -30.7% |
| Financial income | 75/76B | €2,669 | €7,913 | +€5,244 | +196% |
| Recurring financial income | 75 | €2,669 | €7,913 | +€5,244 | +196% |
| Financial charges | 65/66B | €152 | €78 | -€74 | -48.7% |
| Recurring financial charges | 65 | €152 | €78 | -€74 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €516,385 | €363,771 | -€152,614 | -29.6% |
| Income taxes | 67/77 | €163,113 | €111,460 | -€51,653 | -31.7% |
| Profit (loss) for the period | 9904 | €353,272 | €252,312 | -€100,961 | -28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €353,272 | €252,312 | -€100,961 | -28.6% |
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 30 October 2026 via checked.be.