DS GROEN & GROND: what changed
What changed
DS GROEN & GROND
NACE 81.300, Landscape service activities
filed annual accounts (NBB)
Net result for the year
-€25,014
2024 · €19,540-€44,554
Equity
€89,110
2024 · €114,125-€25,014
Cash
€48,080
2024 · €8,691+€39,389
Balance sheet total
€1.3m
2024 · €1.2m+€64,247
Largest movements
Assets
- Cash +€39,389
up €39,389 (+453%), from €8,691 to €48,080
mainly Depreciation (+€183,558) and Debts after one year (+€56,707)
- Tangible fixed assets +€27,567
up €27,567 (+2.3%), from €1.2m to €1.2m
of which Furniture and vehicles: +€71,473
Equity and liabilities
- Debts after one year +€56,707
up €56,707 (+5.8%), from €972,728 to €1.0m
- Current portion of long-term debt +€30,131
up €30,131 (+31.1%), from €96,744 to €126,875
- Reserves -€25,014
down €25,014 (-33.7%), from €74,125 to €49,110
Income statement
- Depreciation +€30,400
up €30,400 (+19.8%), from €153,157 to €183,558
- Staff costs +€13,937
new in 2025: €13,937
- Financial charges +€13,011
up €13,011 (+43.1%), from €30,221 to €43,232
- Gross operating margin +€10,486
up €10,486 (+5.0%), from €209,681 to €220,167
- Taxes -€4,195
down €4,195 (-94.2%), from €4,455 to €259
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
€19,540
Gross operating margin
+€10,486
Staff costs
-€13,937
Depreciation
-€30,400
Other operating charges
-€1,770
Financial income
-€117
Financial charges
-€13,011
Taxes
+€4,195
Result 2025
-€25,014
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
+€163,626
Investment
-€211,075
Financing
+€86,838
Cash 2024
€8,691
From operations (derived)
+€163,626
Net result for the year
-€25,014
Depreciation
+€183,558
Receivables within one year
+€4,556
Deferred charges and accrued income
-€1,897
Trade debts
+€11,172
Tax, wage and social debts
-€1,056
Other debts
-€8,583
Accrued charges and deferred income
+€891
Investment (derived)
-€211,075
Investment in fixed assets (net)
-€211,075
Financing
+€86,838
Debts after one year
+€56,707
Current portion of long-term debt
+€30,131
Cash 2025
€48,080
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,214,522 | €1,278,770 | +€64,247 | +5.3% |
| Fixed assets | 21/28 | €1,187,734 | €1,215,251 | +€27,517 | +2.3% |
| Intangible fixed assets | 21 | €410 | €360 | -€50 | -12.2% |
| Tangible fixed assets | 22/27 | €1,187,325 | €1,214,892 | +€27,567 | +2.3% |
| Land and buildings | 22 | €906,611 | €840,133 | -€66,478 | -7.3% |
| Plant, machinery and equipment | 23 | €72,652 | €95,225 | +€22,573 | +31.1% |
| Furniture and vehicles | 24 | €208,061 | €279,534 | +€71,473 | +34.4% |
| Current assets | 29/58 | €26,788 | €63,519 | +€36,731 | +137% |
| Amounts receivable within one year | 40/41 | €16,083 | €11,528 | -€4,556 | -28.3% |
| Trade receivables | 40 | €13,418 | €8,673 | -€4,745 | -35.4% |
| Other amounts receivable | 41 | €2,665 | €2,854 | +€189 | +7.1% |
| Cash at bank and in hand | 54/58 | €8,691 | €48,080 | +€39,389 | +453% |
| Deferred charges and accrued income | 490/1 | €2,014 | €3,912 | +€1,897 | +94.2% |
| Total equity and liabilities | 10/49 | €1,214,522 | €1,278,770 | +€64,247 | +5.3% |
| Equity | 10/15 | €114,125 | €89,110 | -€25,014 | -21.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €74,125 | €49,110 | -€25,014 | -33.7% |
| Distributable reserves | 133 | €74,125 | €49,110 | -€25,014 | -33.7% |
| Amounts payable | 17/49 | €1,100,398 | €1,189,659 | +€89,262 | +8.1% |
| Amounts payable after more than one year | 17 | €972,728 | €1,029,435 | +€56,707 | +5.8% |
| Financial debts | 170/4 | €972,728 | €1,029,435 | +€56,707 | +5.8% |
| Amounts payable within one year | 42/48 | €124,519 | €156,183 | +€31,664 | +25.4% |
| Current portion of amounts payable after more than one year | 42 | €96,744 | €126,875 | +€30,131 | +31.1% |
| Trade debts | 44 | €12,626 | €23,799 | +€11,172 | +88.5% |
| Suppliers | 440/4 | €12,626 | €23,799 | +€11,172 | +88.5% |
| Taxes, remuneration and social security | 45 | €5,355 | €4,299 | -€1,056 | -19.7% |
| Taxes | 450/3 | €5,355 | €2,491 | -€2,864 | -53.5% |
| Remuneration and social security | 454/9 | - | €1,808 | +€1,808 | |
| Other amounts payable | 47/48 | €9,794 | €1,211 | -€8,583 | -87.6% |
| Accrued charges and deferred income | 492/3 | €3,150 | €4,041 | +€891 | +28.3% |
| Non-recurring operating income | 76A | - | €9,707 | +€9,707 | |
| Remuneration, social security and pensions | 62 | - | €13,937 | +€13,937 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153,157 | €183,558 | +€30,400 | +19.8% |
| Other operating charges | 640/8 | €2,434 | €4,204 | +€1,770 | +72.7% |
| Gross operating margin | 9900 | €209,681 | €220,167 | +€10,486 | +5.0% |
| Operating profit (loss) | 9901 | €54,089 | €18,468 | -€35,621 | -65.9% |
| Financial income | 75/76B | €126 | €9 | -€117 | -92.8% |
| Recurring financial income | 75 | €126 | €9 | -€117 | -92.8% |
| Financial charges | 65/66B | €30,221 | €43,232 | +€13,011 | +43.1% |
| Recurring financial charges | 65 | €30,221 | €43,232 | +€13,011 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | €23,995 | -€24,755 | -€48,749 | |
| Income taxes | 67/77 | €4,455 | €259 | -€4,195 | -94.2% |
| Profit (loss) for the period | 9904 | €19,540 | -€25,014 | -€44,554 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,540 | -€25,014 | -€44,554 |
Next steps
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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 3 November 2026 via checked.be.