GROBUS BEHEER: 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.
GROBUS BEHEER
Largest movements
- Cash +€14,517
up €14,517 (+13.4%), from €108,422 to €122,939
mainly Net result for the year (+€27,384) and Trade debts (+€1,442)
- Reserves +€27,384
up €27,384 (+47.5%), from €57,644 to €85,029
- Other debts -€14,064
down €14,064 (-7.2%), from €195,377 to €181,313
- Financial charges -€2,427
down €2,427 (-15.9%), from €15,310 to €12,883
- Gross operating margin -€1,373
down €1,373 (-2.5%), from €55,988 to €54,615
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 | €391,785 | €407,582 | +€15,797 | +4.0% |
| Fixed assets | 21/28 | €270,430 | €271,819 | +€1,389 | +0.5% |
| Tangible fixed assets | 22/27 | €430 | €1,819 | +€1,389 | +323% |
| Plant, machinery and equipment | 23 | - | €1,819 | +€1,819 | |
| Furniture and vehicles | 24 | €430 | - | -€430 | |
| Financial fixed assets | 28 | €270,000 | €270,000 | = | 0.0% |
| Current assets | 29/58 | €121,355 | €135,763 | +€14,408 | +11.9% |
| Amounts receivable within one year | 40/41 | €12,234 | €12,086 | -€148 | -1.2% |
| Trade receivables | 40 | €7,803 | €8,086 | +€283 | +3.6% |
| Other amounts receivable | 41 | €4,431 | €4,000 | -€431 | -9.7% |
| Cash at bank and in hand | 54/58 | €108,422 | €122,939 | +€14,517 | +13.4% |
| Deferred charges and accrued income | 490/1 | €700 | €738 | +€39 | +5.5% |
| Total equity and liabilities | 10/49 | €391,785 | €407,582 | +€15,797 | +4.0% |
| Equity | 10/15 | €192,644 | €220,029 | +€27,384 | +14.2% |
| Contributions | 10/11 | €135,000 | €135,000 | = | 0.0% |
| Reserves | 13 | €57,644 | €85,029 | +€27,384 | +47.5% |
| Distributable reserves | 133 | €57,644 | €85,029 | +€27,384 | +47.5% |
| Amounts payable | 17/49 | €199,141 | €187,553 | -€11,588 | -5.8% |
| Amounts payable within one year | 42/48 | €199,121 | €187,538 | -€11,583 | -5.8% |
| Trade debts | 44 | €602 | €2,044 | +€1,442 | +239% |
| Suppliers | 440/4 | €602 | €2,044 | +€1,442 | +239% |
| Taxes, remuneration and social security | 45 | €3,142 | €4,181 | +€1,039 | +33.1% |
| Taxes | 450/3 | €3,142 | €4,181 | +€1,039 | +33.1% |
| Other amounts payable | 47/48 | €195,377 | €181,313 | -€14,064 | -7.2% |
| Accrued charges and deferred income | 492/3 | €20 | €15 | -€5 | -23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €672 | €460 | -€212 | -31.6% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €55,988 | €54,615 | -€1,373 | -2.5% |
| Operating profit (loss) | 9901 | €54,811 | €53,635 | -€1,175 | -2.1% |
| Financial charges | 65/66B | €15,310 | €12,883 | -€2,427 | -15.9% |
| Recurring financial charges | 65 | €15,310 | €12,883 | -€2,427 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €39,501 | €40,752 | +€1,252 | +3.2% |
| Income taxes | 67/77 | €13,073 | €13,368 | +€295 | +2.3% |
| Profit (loss) for the period | 9904 | €26,428 | €27,384 | +€957 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,428 | €27,384 | +€957 | +3.6% |
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 26 October 2026 via checked.be.