GROBETON: what changed
Two fiscal 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.
What changed
GROBETON
NACE 23.610, Manufacture of other non-metallic mineral products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€747,807
2024 · €464,035+€283,773
Equity
€2.0m
2024 · €3.3m-€1.3m
Cash
€4,483
2024 · €15,515-€11,032
Balance sheet total
€3.2m
2024 · €7.7m-€4.5m
Largest movements
Assets
- Tangible fixed assets -€2.7m
down €2.7m (-49.3%), from €5.4m to €2.7m
of which Plant, machinery and equipment: -€1.8m
- Stocks and contracts -€1.7m
no longer reported in 2025 (was €1.7m)
- Receivables within one year -€86,969
down €86,969 (-16.0%), from €544,352 to €457,382
of which Other amounts receivable: -€448,170
Equity and liabilities
- Debts after one year -€1.5m
down €1.5m (-70.1%), from €2.1m to €622,529
- Trade debts -€824,224
down €824,224 (-97.9%), from €841,898 to €17,674
- Profit (loss) carried forward -€688,344
down €688,344 (-31.6%), from €2.2m to €1.5m
- Reserves -€340,855
down €340,855 (-61.0%), from €558,750 to €217,895
of which Distributable reserves: -€355,638
- Other debts -€282,733
down €282,733 (-45.3%), from €624,100 to €341,367
Income statement
- Turnover -€4.1m
down €4.1m (-36.3%), from €11.4m to €7.3m
- Goods and materials -€2.6m
down €2.6m (-44.8%), from €5.8m to €3.2m
of which Purchases: -€2.3m
- Staff costs -€778,199
down €778,199 (-40.6%), from €1.9m to €1.1m
- Services and other goods -€677,552
down €677,552 (-41.2%), from €1.6m to €965,523
- Depreciation -€372,793
down €372,793 (-28.8%), from €1.3m to €922,210
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.
Result 2024
€464,035
Turnover
-€4.1m
Other operating income
-€14,181
Goods and materials
+€2.6m
Services and other goods
+€677,552
Staff costs
+€778,199
Depreciation
+€372,793
Other operating charges
-€7,209
Other operating items
+€107,348
Financial income
-€29,710
Financial charges
+€106,323
Taxes
-€190,725
Result 2025
€747,807
Cash bridge derived
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.
From operations
+€2.0m
Investment
+€1.8m
Financing
-€3.8m
Cash 2024
€15,515
From operations (derived)
+€2.0m
Net result for the year
+€747,807
Depreciation
+€922,210
Stocks and contracts
+€1.7m
Receivables within one year
+€86,969
Deferred charges and accrued income
-€948
Trade debts
-€824,224
Tax, wage and social debts
-€269,796
Other debts
-€282,733
Accrued charges and deferred income
-€50,540
Investment (derived)
+€1.8m
Investment in fixed assets (net)
+€1.8m
Financing
-€3.8m
Debts after one year
-€1.5m
Current portion of long-term debt
-€250,208
Short-term financial debts
+€1,665
Contributions, distributions and other
-€2.1m
Cash 2025
€4,483
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,680,747 | €3,208,561 | -€4.5m | -58.2% |
| Fixed assets | 21/28 | €5,421,075 | €2,728,651 | -€2.7m | -49.7% |
| Intangible fixed assets | 21 | €33,560 | - | -€33,560 | |
| Tangible fixed assets | 22/27 | €5,386,065 | €2,728,651 | -€2.7m | -49.3% |
| Land and buildings | 22 | €2,738,317 | €2,521,097 | -€217,219 | -7.9% |
| Plant, machinery and equipment | 23 | €2,007,269 | €207,554 | -€1.8m | -89.7% |
| Furniture and vehicles | 24 | €122,736 | - | -€122,736 | |
| Leasing and similar rights | 25 | €207,743 | - | -€207,743 | |
| Assets under construction and advance payments | 27 | €310,000 | - | -€310,000 | |
| Financial fixed assets | 28 | €1,450 | - | -€1,450 | |
| Other financial fixed assets | 284/8 | €1,450 | - | -€1,450 | |
| Amounts receivable and cash guarantees | 285/8 | €1,450 | - | -€1,450 | |
| Current assets | 29/58 | €2,259,672 | €479,910 | -€1.8m | -78.8% |
| Stocks and contracts in progress | 3 | €1,682,709 | - | -€1.7m | |
| Stocks | 30/36 | €1,682,709 | - | -€1.7m | |
| Raw materials and consumables | 30/31 | €523,598 | - | -€523,598 | |
| Finished goods | 33 | €1,159,111 | - | -€1.2m | |
| Amounts receivable within one year | 40/41 | €544,352 | €457,382 | -€86,969 | -16.0% |
| Trade receivables | 40 | €14,960 | €376,161 | +€361,201 | +2414.4% |
| Other amounts receivable | 41 | €529,392 | €81,221 | -€448,170 | -84.7% |
| Cash at bank and in hand | 54/58 | €15,515 | €4,483 | -€11,032 | -71.1% |
| Deferred charges and accrued income | 490/1 | €17,097 | €18,045 | +€948 | +5.5% |
| Total equity and liabilities | 10/49 | €7,680,747 | €3,208,561 | -€4.5m | -58.2% |
| Equity | 10/15 | €3,314,278 | €1,976,162 | -€1.3m | -40.4% |
| Contributions | 10/11 | €400,000 | €234,589 | -€165,411 | -41.4% |
| Capital | 10 | €400,000 | €234,589 | -€165,411 | -41.4% |
| Issued capital | 100 | €400,000 | €234,589 | -€165,411 | -41.4% |
| Reserves | 13 | €558,750 | €217,895 | -€340,855 | -61.0% |
| Non-distributable reserves | 130/1 | €40,000 | €58,548 | +€18,548 | +46.4% |
| Legal reserve | 130 | €40,000 | €23,600 | -€16,400 | -41.0% |
| Reserves not available under the articles | 1311 | - | €34,948 | +€34,948 | |
| Tax-exempt reserves | 132 | €18,750 | €14,986 | -€3,764 | -20.1% |
| Distributable reserves | 133 | €500,000 | €144,362 | -€355,638 | -71.1% |
| Profit (loss) carried forward | 14 | €2,179,409 | €1,491,065 | -€688,344 | -31.6% |
| Investment grants | 15 | €176,119 | €32,613 | -€143,506 | -81.5% |
| Provisions and deferred taxes | 16 | €10,871 | €10,871 | = | 0.0% |
| Deferred taxes | 168 | €10,871 | €10,871 | = | 0.0% |
| Amounts payable | 17/49 | €4,355,598 | €1,221,528 | -€3.1m | -72.0% |
| Amounts payable after more than one year | 17 | €2,080,763 | €622,529 | -€1.5m | -70.1% |
| Financial debts | 170/4 | €2,080,763 | €622,529 | -€1.5m | -70.1% |
| Leasing and similar obligations | 172 | €119,443 | - | -€119,443 | |
| Credit institutions | 173 | €1,961,320 | €622,529 | -€1.3m | -68.3% |
| Amounts payable within one year | 42/48 | €2,224,294 | €598,998 | -€1.6m | -73.1% |
| Current portion of amounts payable after more than one year | 42 | €460,897 | €210,689 | -€250,208 | -54.3% |
| Financial debts | 43 | €24,540 | €26,205 | +€1,665 | +6.8% |
| Credit institutions | 430/8 | €24,540 | €26,205 | +€1,665 | +6.8% |
| Trade debts | 44 | €841,898 | €17,674 | -€824,224 | -97.9% |
| Suppliers | 440/4 | €841,898 | €17,674 | -€824,224 | -97.9% |
| Taxes, remuneration and social security | 45 | €272,859 | €3,063 | -€269,796 | -98.9% |
| Taxes | 450/3 | €19,756 | €3,063 | -€16,693 | -84.5% |
| Remuneration and social security | 454/9 | €253,103 | - | -€253,103 | |
| Other amounts payable | 47/48 | €624,100 | €341,367 | -€282,733 | -45.3% |
| Accrued charges and deferred income | 492/3 | €50,540 | - | -€50,540 | |
| Operating income | 70/76A | €11,340,745 | €7,284,856 | -€4.1m | -35.8% |
| Turnover | 70 | €11,388,013 | €7,250,930 | -€4.1m | -36.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€95,258 | €115 | +€95,374 | |
| Other operating income | 74 | €47,991 | €33,810 | -€14,181 | -29.5% |
| Operating charges | 60/66A | €10,764,521 | €6,310,748 | -€4.5m | -41.4% |
| Goods for resale, raw materials and consumables | 60 | €5,843,167 | €3,222,702 | -€2.6m | -44.8% |
| Purchases | 600/8 | €5,588,942 | €3,318,546 | -€2.3m | -40.6% |
| Change in stocks: decrease (increase) | 609 | €254,225 | -€95,844 | -€350,069 | |
| Services and other goods | 61 | €1,643,075 | €965,523 | -€677,552 | -41.2% |
| Remuneration, social security and pensions | 62 | €1,915,248 | €1,137,048 | -€778,199 | -40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,295,003 | €922,210 | -€372,793 | -28.8% |
| Other operating charges | 640/8 | €56,055 | €63,264 | +€7,209 | +12.9% |
| Non-recurring operating charges | 66A | €11,974 | - | -€11,974 | |
| Operating profit (loss) | 9901 | €576,224 | €974,108 | +€397,884 | +69.1% |
| Financial income | 75/76B | €68,102 | €38,393 | -€29,710 | -43.6% |
| Recurring financial income | 75 | €68,102 | €38,393 | -€29,710 | -43.6% |
| Other financial income | 752/9 | €68,102 | €38,393 | -€29,710 | -43.6% |
| Financial charges | 65/66B | €177,238 | €70,915 | -€106,323 | -60.0% |
| Recurring financial charges | 65 | €177,238 | €70,915 | -€106,323 | -60.0% |
| Debt charges | 650 | €169,402 | €67,165 | -€102,237 | -60.4% |
| Other financial charges | 652/9 | €7,836 | €3,750 | -€4,086 | -52.1% |
| Profit (loss) for the period before taxes | 9903 | €467,089 | €941,586 | +€474,497 | +101.6% |
| Income taxes | 67/77 | €3,054 | €193,779 | +€190,725 | +6244.6% |
| Taxes | 670/3 | €3,054 | €193,779 | +€190,725 | +6244.6% |
| Profit (loss) for the period | 9904 | €464,035 | €747,807 | +€283,773 | +61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €464,035 | €747,807 | +€283,773 | +61.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.