Gro Grund: 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.
Gro Grund
Largest movements
- Tangible fixed assets -€306,553
no longer reported in 2025 (was €306,553)
- Cash +€107,637
up €107,637 (+11,549%), from €932 to €108,569
mainly Investment in fixed assets (net) (+€306,553) and Net result for the year (+€55,516)
- Receivables within one year +€9,325
up €9,325 (+30.7%), from €30,384 to €39,709
of which Trade receivables: +€9,224
- Debts after one year -€242,438
no longer reported in 2025 (was €242,438)
- Reserves +€52,622
up €52,622 (+433%), from €12,163 to €64,785
- Current portion of long-term debt -€4,885
down €4,885 (-24.6%), from €19,885 to €15,000
- Gross operating margin +€51,231
up €51,231 (+151%), from €33,980 to €85,212
- Taxes +€14,780
up €14,780 (+1,677%), from €881 to €15,661
- Depreciation -€14,135
no longer reported in 2025 (was €14,135)
- Other operating charges +€1,604
up €1,604 (+26.4%), from €6,066 to €7,671
- Financial charges +€1,445
up €1,445 (+29.4%), from €4,919 to €6,364
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 | €338,074 | €148,278 | -€189,796 | -56.1% |
| Fixed assets | 21/28 | €306,553 | - | -€306,553 | |
| Tangible fixed assets | 22/27 | €306,553 | - | -€306,553 | |
| Land and buildings | 22 | €306,553 | - | -€306,553 | |
| Current assets | 29/58 | €31,521 | €148,278 | +€116,757 | +370% |
| Amounts receivable within one year | 40/41 | €30,384 | €39,709 | +€9,325 | +30.7% |
| Trade receivables | 40 | €30,384 | €39,608 | +€9,224 | +30.4% |
| Other amounts receivable | 41 | - | €101 | +€101 | |
| Cash at bank and in hand | 54/58 | €932 | €108,569 | +€107,637 | +11,549% |
| Deferred charges and accrued income | 490/1 | €205 | - | -€205 | |
| Total equity and liabilities | 10/49 | €338,074 | €148,278 | -€189,796 | -56.1% |
| Equity | 10/15 | €12,269 | €67,785 | +€55,516 | +452% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,163 | €64,785 | +€52,622 | +433% |
| Distributable reserves | 133 | €12,163 | €64,785 | +€52,622 | +433% |
| Profit (loss) carried forward | 14 | -€2,894 | - | +€2,894 | |
| Amounts payable | 17/49 | €325,805 | €80,493 | -€245,312 | -75.3% |
| Amounts payable after more than one year | 17 | €242,438 | - | -€242,438 | |
| Financial debts | 170/4 | €242,438 | - | -€242,438 | |
| Amounts payable within one year | 42/48 | €83,367 | €78,920 | -€4,447 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €19,885 | €15,000 | -€4,885 | -24.6% |
| Trade debts | 44 | €5,882 | €5,602 | -€281 | -4.8% |
| Suppliers | 440/4 | €5,882 | €5,602 | -€281 | -4.8% |
| Taxes, remuneration and social security | 45 | €3,318 | €4,252 | +€934 | +28.2% |
| Taxes | 450/3 | €3,318 | €4,252 | +€934 | +28.2% |
| Other amounts payable | 47/48 | €54,282 | €54,066 | -€216 | -0.4% |
| Accrued charges and deferred income | 492/3 | - | €1,572 | +€1,572 | |
| Non-recurring operating income | 76A | - | €83,447 | +€83,447 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,135 | - | -€14,135 | |
| Other operating charges | 640/8 | €6,066 | €7,671 | +€1,604 | +26.4% |
| Gross operating margin | 9900 | €33,980 | €85,212 | +€51,231 | +151% |
| Operating profit (loss) | 9901 | €13,779 | €77,541 | +€63,762 | +463% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,919 | €6,364 | +€1,445 | +29.4% |
| Recurring financial charges | 65 | €4,919 | €6,364 | +€1,445 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €8,860 | €71,177 | +€62,317 | +703% |
| Income taxes | 67/77 | €881 | €15,661 | +€14,780 | +1,677% |
| Profit (loss) for the period | 9904 | €7,979 | €55,516 | +€47,537 | +596% |
| Profit (loss) for the period to be appropriated | 9905 | €7,979 | €55,516 | +€47,537 | +596% |
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 29 October 2026 via checked.be.