GROB TECHNICS: 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.
GROB TECHNICS
Largest movements
- Cash -€81,639
down €81,639 (-24.3%), from €335,859 to €254,220
mainly Contributions, distributions and other (-€240,758) and Trade debts (-€143,691)
- Tangible fixed assets +€63,830
up €63,830 (+72.2%), from €88,468 to €152,298
of which Furniture and vehicles: +€65,628
- Receivables within one year -€39,908
down €39,908 (-27.0%), from €147,821 to €107,913
of which Other amounts receivable: -€34,430
- Trade debts -€143,691
down €143,691 (-87.9%), from €163,551 to €19,861
- Other debts +€48,973
up €48,973 (+25.5%), from €191,786 to €240,758
- Debts after one year +€20,414
new in 2025: €20,414
- Tax, wage and social debts +€19,092
up €19,092 (+146%), from €13,036 to €32,128
of which Remuneration and social security: +€14,337
- Gross operating margin +€109,606
up €109,606 (+23.0%), from €476,916 to €586,521
- Staff costs +€52,231
up €52,231 (+30.6%), from €170,655 to €222,887
- Financial income -€12,039
down €12,039 (-53.8%), from €22,373 to €10,334
- Depreciation -€9,949
down €9,949 (-21.3%), from €46,798 to €36,849
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 | €589,508 | €534,717 | -€54,790 | -9.3% |
| Fixed assets | 21/28 | €88,468 | €152,298 | +€63,830 | +72.2% |
| Tangible fixed assets | 22/27 | €88,468 | €152,298 | +€63,830 | +72.2% |
| Land and buildings | 22 | €35,044 | €28,606 | -€6,438 | -18.4% |
| Plant, machinery and equipment | 23 | - | €4,640 | +€4,640 | |
| Furniture and vehicles | 24 | €53,424 | €119,052 | +€65,628 | +123% |
| Current assets | 29/58 | €501,040 | €382,419 | -€118,621 | -23.7% |
| Stocks and contracts in progress | 3 | €17,360 | €20,287 | +€2,926 | +16.9% |
| Stocks | 30/36 | €17,360 | €20,287 | +€2,926 | +16.9% |
| Amounts receivable within one year | 40/41 | €147,821 | €107,913 | -€39,908 | -27.0% |
| Trade receivables | 40 | €58,279 | €52,801 | -€5,477 | -9.4% |
| Other amounts receivable | 41 | €89,542 | €55,112 | -€34,430 | -38.5% |
| Cash at bank and in hand | 54/58 | €335,859 | €254,220 | -€81,639 | -24.3% |
| Total equity and liabilities | 10/49 | €589,508 | €534,717 | -€54,790 | -9.3% |
| Equity | 10/15 | €214,328 | €214,328 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €208,128 | €208,128 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €206,268 | €206,268 | = | 0.0% |
| Amounts payable | 17/49 | €375,180 | €320,389 | -€54,790 | -14.6% |
| Amounts payable after more than one year | 17 | - | €20,414 | +€20,414 | |
| Financial debts | 170/4 | - | €20,414 | +€20,414 | |
| Amounts payable within one year | 42/48 | €375,180 | €299,975 | -€75,204 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €6,806 | €7,228 | +€422 | +6.2% |
| Trade debts | 44 | €163,551 | €19,861 | -€143,691 | -87.9% |
| Suppliers | 440/4 | €163,551 | €19,861 | -€143,691 | -87.9% |
| Taxes, remuneration and social security | 45 | €13,036 | €32,128 | +€19,092 | +146% |
| Taxes | 450/3 | €1,800 | €6,555 | +€4,755 | +264% |
| Remuneration and social security | 454/9 | €11,236 | €25,573 | +€14,337 | +128% |
| Other amounts payable | 47/48 | €191,786 | €240,758 | +€48,973 | +25.5% |
| Remuneration, social security and pensions | 62 | €170,655 | €222,887 | +€52,231 | +30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,798 | €36,849 | -€9,949 | -21.3% |
| Other operating charges | 640/8 | €2,656 | €2,406 | -€250 | -9.4% |
| Gross operating margin | 9900 | €476,916 | €586,521 | +€109,606 | +23.0% |
| Operating profit (loss) | 9901 | €256,806 | €324,379 | +€67,573 | +26.3% |
| Financial income | 75/76B | €22,373 | €10,334 | -€12,039 | -53.8% |
| Recurring financial income | 75 | €22,373 | €10,334 | -€12,039 | -53.8% |
| Financial charges | 65/66B | €1,166 | €1,968 | +€802 | +68.8% |
| Recurring financial charges | 65 | €1,166 | €1,968 | +€802 | +68.8% |
| Profit (loss) for the period before taxes | 9903 | €278,014 | €332,746 | +€54,732 | +19.7% |
| Income taxes | 67/77 | €86,228 | €91,987 | +€5,759 | +6.7% |
| Profit (loss) for the period | 9904 | €191,786 | €240,758 | +€48,973 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €191,786 | €240,758 | +€48,973 | +25.5% |
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 20 October 2026 via checked.be.