GRODAKA: 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.
GRODAKA
Largest movements
- Cash +€2.3m
up €2.3m (+131%), from €1.8m to €4.1m
mainly Current investments (+€1.5m) and Net result for the year (+€797,824)
- Current investments -€1.5m
no longer reported in 2025 (was €1.5m)
- Receivables within one year +€72,470
up €72,470 (+18.5%), from €390,729 to €463,199
of which Trade receivables: +€72,470
- Other debts +€517,100
up €517,100 (+2,042%), from €25,322 to €542,422
- Reserves +€275,127
up €275,127 (+5.2%), from €5.3m to €5.6m
of which Distributable reserves: +€275,127
- Tax, wage and social debts +€111,513
up €111,513 (+136%), from €82,194 to €193,708
- Gross operating margin +€297,318
up €297,318 (+26.9%), from €1.1m to €1.4m
- Taxes +€106,207
up €106,207 (+44.9%), from €236,700 to €342,907
- Other operating charges -€46,236
down €46,236 (-42.0%), from €110,076 to €63,841
- Financial income +€45,199
up €45,199 (+210%), from €21,530 to €66,728
- Depreciation +€32,312
up €32,312 (+12.6%), from €256,044 to €288,356
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 | €5,691,171 | €6,608,658 | +€917,488 | +16.1% |
| Fixed assets | 21/28 | €2,018,196 | €2,004,800 | -€13,396 | -0.7% |
| Tangible fixed assets | 22/27 | €2,018,196 | €2,004,800 | -€13,396 | -0.7% |
| Land and buildings | 22 | €1,613,134 | €1,579,053 | -€34,081 | -2.1% |
| Plant, machinery and equipment | 23 | €33,106 | €25,066 | -€8,040 | -24.3% |
| Furniture and vehicles | 24 | €371,956 | €400,681 | +€28,725 | +7.7% |
| Current assets | 29/58 | €3,672,974 | €4,603,858 | +€930,884 | +25.3% |
| Stocks and contracts in progress | 3 | €23,891 | €28,429 | +€4,538 | +19.0% |
| Stocks | 30/36 | €23,891 | €28,429 | +€4,538 | +19.0% |
| Amounts receivable within one year | 40/41 | €390,729 | €463,199 | +€72,470 | +18.5% |
| Trade receivables | 40 | €390,403 | €462,873 | +€72,470 | +18.6% |
| Other amounts receivable | 41 | €325 | €325 | = | 0.0% |
| Current investments | 50/53 | €1,475,000 | - | -€1.5m | |
| Cash at bank and in hand | 54/58 | €1,783,354 | €4,112,031 | +€2.3m | +131% |
| Deferred charges and accrued income | 490/1 | - | €200 | +€200 | |
| Total equity and liabilities | 10/49 | €5,691,171 | €6,608,658 | +€917,488 | +16.1% |
| Equity | 10/15 | €5,439,300 | €5,714,427 | +€275,127 | +5.1% |
| Contributions | 10/11 | €123,948 | €123,948 | = | 0.0% |
| Capital | 10 | €123,948 | €123,948 | = | 0.0% |
| Issued capital | 100 | €123,948 | €123,948 | = | 0.0% |
| Reserves | 13 | €5,315,352 | €5,590,479 | +€275,127 | +5.2% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,743 | €23,743 | = | 0.0% |
| Distributable reserves | 133 | €5,279,214 | €5,554,341 | +€275,127 | +5.2% |
| Amounts payable | 17/49 | €251,871 | €894,232 | +€642,361 | +255% |
| Amounts payable within one year | 42/48 | €250,444 | €891,539 | +€641,094 | +256% |
| Trade debts | 44 | €142,873 | €146,917 | +€4,044 | +2.8% |
| Suppliers | 440/4 | €142,873 | €146,917 | +€4,044 | +2.8% |
| Advances received on contracts in progress | 46 | €55 | €8,492 | +€8,437 | +15,340% |
| Taxes, remuneration and social security | 45 | €82,194 | €193,708 | +€111,513 | +136% |
| Taxes | 450/3 | €82,194 | €193,708 | +€111,513 | +136% |
| Other amounts payable | 47/48 | €25,322 | €542,422 | +€517,100 | +2,042% |
| Accrued charges and deferred income | 492/3 | €1,426 | €2,693 | +€1,267 | +88.8% |
| Non-recurring operating income | 76A | €18,500 | €74,000 | +€55,500 | +300% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256,044 | €288,356 | +€32,312 | +12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€27,831 | -€27,831 | |
| Other operating charges | 640/8 | €110,076 | €63,841 | -€46,236 | -42.0% |
| Gross operating margin | 9900 | €1,103,550 | €1,400,868 | +€297,318 | +26.9% |
| Operating profit (loss) | 9901 | €737,429 | €1,076,502 | +€339,072 | +46.0% |
| Financial income | 75/76B | €21,530 | €66,728 | +€45,199 | +210% |
| Recurring financial income | 75 | €21,530 | €66,728 | +€45,199 | +210% |
| Financial charges | 65/66B | €2,527 | €2,499 | -€28 | -1.1% |
| Recurring financial charges | 65 | €2,527 | €2,499 | -€28 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €756,432 | €1,140,731 | +€384,299 | +50.8% |
| Income taxes | 67/77 | €236,700 | €342,907 | +€106,207 | +44.9% |
| Profit (loss) for the period | 9904 | €519,732 | €797,824 | +€278,092 | +53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €519,732 | €797,824 | +€278,092 | +53.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.