Dr. De Groote W.: what changed
Dr. De Groote W.
Largest movements
- Cash -€227,283
down €227,283 (-66.7%), from €340,848 to €113,565
mainly Contributions, distributions and other (-€561,737) and Net result for the year (-€8,189)
- Tangible fixed assets -€16,464
down €16,464 (-3.8%), from €430,783 to €414,319
of which Land and buildings: -€28,808
- Receivables within one year -€10,714
down €10,714 (-38.7%), from €27,655 to €16,942
of which Trade receivables: -€9,058
- Reserves -€561,736
down €561,736 (-72.8%), from €771,514 to €209,778
- Other debts +€321,943
new in 2025: €321,943
- Profit (loss) carried forward -€8,190
down €8,190, from €1 to -€8,189
- Gross operating margin -€36,218
down €36,218 (-72.7%), from €49,796 to €13,578
- Taxes -€4,936
down €4,936 (-47.1%), from €10,483 to €5,547
- Financial income +€1,874
up €1,874 (+535,449%), from €0 to €1,874
- Other operating charges -€1,839
down €1,839 (-55.5%), from €3,314 to €1,475
- Depreciation +€1,118
up €1,118 (+7.3%), from €15,346 to €16,464
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €799,630 | €544,826 | -€254,805 | -31.9% |
| Fixed assets | 21/28 | €430,783 | €414,319 | -€16,464 | -3.8% |
| Tangible fixed assets | 22/27 | €430,783 | €414,319 | -€16,464 | -3.8% |
| Land and buildings | 22 | €430,327 | €401,518 | -€28,808 | -6.7% |
| Plant, machinery and equipment | 23 | - | €12,419 | +€12,419 | |
| Furniture and vehicles | 24 | €456 | €381 | -€75 | -16.4% |
| Current assets | 29/58 | €368,847 | €130,506 | -€238,341 | -64.6% |
| Amounts receivable within one year | 40/41 | €27,655 | €16,942 | -€10,714 | -38.7% |
| Trade receivables | 40 | €11,075 | €2,017 | -€9,058 | -81.8% |
| Other amounts receivable | 41 | €16,580 | €14,925 | -€1,655 | -10.0% |
| Cash at bank and in hand | 54/58 | €340,848 | €113,565 | -€227,283 | -66.7% |
| Deferred charges and accrued income | 490/1 | €344 | €0 | -€344 | -100% |
| Total equity and liabilities | 10/49 | €799,630 | €544,826 | -€254,805 | -31.9% |
| Equity | 10/15 | €791,515 | €221,588 | -€569,927 | -72.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €771,514 | €209,778 | -€561,736 | -72.8% |
| Distributable reserves | 133 | €771,514 | €209,778 | -€561,736 | -72.8% |
| Profit (loss) carried forward | 14 | €1 | -€8,189 | -€8,190 | |
| Amounts payable | 17/49 | €8,115 | €323,237 | +€315,122 | +3,883% |
| Amounts payable within one year | 42/48 | €8,115 | €323,008 | +€314,893 | +3,880% |
| Trade debts | 44 | €4,631 | €0 | -€4,631 | -100% |
| Suppliers | 440/4 | €4,631 | €0 | -€4,631 | -100% |
| Taxes, remuneration and social security | 45 | €3,485 | €1,065 | -€2,420 | -69.4% |
| Taxes | 450/3 | €3,485 | €1,065 | -€2,420 | -69.4% |
| Other amounts payable | 47/48 | - | €321,943 | +€321,943 | |
| Accrued charges and deferred income | 492/3 | - | €229 | +€229 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,346 | €16,464 | +€1,118 | +7.3% |
| Other operating charges | 640/8 | €3,314 | €1,475 | -€1,839 | -55.5% |
| Gross operating margin | 9900 | €49,796 | €13,578 | -€36,218 | -72.7% |
| Operating profit (loss) | 9901 | €31,136 | -€4,361 | -€35,497 | |
| Financial income | 75/76B | €0 | €1,874 | +€1,874 | +535,449% |
| Recurring financial income | 75 | €0 | €1,874 | +€1,874 | +535,449% |
| Financial charges | 65/66B | €252 | €156 | -€97 | -38.4% |
| Recurring financial charges | 65 | €252 | €156 | -€97 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | €30,884 | -€2,642 | -€33,526 | |
| Income taxes | 67/77 | €10,483 | €5,547 | -€4,936 | -47.1% |
| Profit (loss) for the period | 9904 | €20,401 | -€8,189 | -€28,590 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,401 | -€8,189 | -€28,590 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.