GROBRO: 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.
GROBRO
Largest movements
- Tangible fixed assets +€226,178
up €226,178 (+15.0%), from €1.5m to €1.7m
of which Plant, machinery and equipment: +€289,656
- Debts after one year +€82,831
up €82,831 (+11.7%), from €705,358 to €788,189
- Current portion of long-term debt +€73,722
up €73,722 (+59.6%), from €123,722 to €197,444
- Profit (loss) carried forward +€68,916
up €68,916 (+25.3%), from €272,435 to €341,351
- Accrued charges and deferred income -€46,095
down €46,095 (-100.0%), from €46,095 to €0
- Trade debts +€38,603
up €38,603 (+23.6%), from €163,886 to €202,489
- Gross operating margin +€141,638
up €141,638 (+66.5%), from €212,913 to €354,551
- Depreciation +€83,480
up €83,480 (+50.8%), from €164,430 to €247,910
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,523,001 | €1,753,964 | +€230,964 | +15.2% |
| Fixed assets | 21/28 | €1,505,706 | €1,731,884 | +€226,178 | +15.0% |
| Tangible fixed assets | 22/27 | €1,505,706 | €1,731,884 | +€226,178 | +15.0% |
| Land and buildings | 22 | €1,226,754 | €1,203,509 | -€23,245 | -1.9% |
| Plant, machinery and equipment | 23 | €177,187 | €466,843 | +€289,656 | +163.5% |
| Furniture and vehicles | 24 | €101,765 | €61,532 | -€40,233 | -39.5% |
| Current assets | 29/58 | €17,294 | €22,080 | +€4,786 | +27.7% |
| Amounts receivable within one year | 40/41 | €15,008 | €20,520 | +€5,512 | +36.7% |
| Trade receivables | 40 | €0 | €20,520 | +€20,520 | |
| Other amounts receivable | 41 | €15,008 | €0 | -€15,008 | -100.0% |
| Cash at bank and in hand | 54/58 | €746 | €19 | -€727 | -97.4% |
| Deferred charges and accrued income | 490/1 | €1,540 | €1,540 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,523,001 | €1,753,964 | +€230,964 | +15.2% |
| Equity | 10/15 | €394,435 | €463,351 | +€68,916 | +17.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €102,000 | €102,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €272,435 | €341,351 | +€68,916 | +25.3% |
| Amounts payable | 17/49 | €1,128,565 | €1,290,613 | +€162,048 | +14.4% |
| Amounts payable after more than one year | 17 | €705,358 | €788,189 | +€82,831 | +11.7% |
| Financial debts | 170/4 | €705,358 | €788,189 | +€82,831 | +11.7% |
| Amounts payable within one year | 42/48 | €377,112 | €502,425 | +€125,312 | +33.2% |
| Current portion of amounts payable after more than one year | 42 | €123,722 | €197,444 | +€73,722 | +59.6% |
| Trade debts | 44 | €163,886 | €202,489 | +€38,603 | +23.6% |
| Suppliers | 440/4 | €163,886 | €202,489 | +€38,603 | +23.6% |
| Taxes, remuneration and social security | 45 | €24,439 | €10,508 | -€13,931 | -57.0% |
| Taxes | 450/3 | €24,439 | €10,508 | -€13,931 | -57.0% |
| Other amounts payable | 47/48 | €65,065 | €91,983 | +€26,918 | +41.4% |
| Accrued charges and deferred income | 492/3 | €46,095 | €0 | -€46,095 | -100.0% |
| Non-recurring operating income | 76A | €105,591 | €55,000 | -€50,591 | -47.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164,430 | €247,910 | +€83,480 | +50.8% |
| Other operating charges | 640/8 | €5,115 | €2,747 | -€2,367 | -46.3% |
| Gross operating margin | 9900 | €212,913 | €354,551 | +€141,638 | +66.5% |
| Operating profit (loss) | 9901 | €43,368 | €103,894 | +€60,526 | +139.6% |
| Financial charges | 65/66B | €26,250 | €29,210 | +€2,960 | +11.3% |
| Recurring financial charges | 65 | €26,250 | €29,210 | +€2,960 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €17,118 | €74,684 | +€57,566 | +336.3% |
| Income taxes | 67/77 | €6,191 | €5,768 | -€423 | -6.8% |
| Profit (loss) for the period | 9904 | €10,927 | €68,916 | +€57,989 | +530.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,927 | €68,916 | +€57,989 | +530.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.