GRODEMO: 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.
GRODEMO
Largest movements
- Receivables within one year +€29,442
up €29,442 (+17.9%), from €164,418 to €193,861
of which Trade receivables: +€30,301
- Cash -€6,730
down €6,730 (-6.9%), from €97,370 to €90,639
mainly Contributions, distributions and other (-€180,000) and Receivables within one year (-€29,442)
- Other debts +€159,260
up €159,260 (+4,204%), from €3,789 to €163,049
- Reserves -€134,030
down €134,030 (-99.9%), from €134,121 to €92
of which Distributable reserves: -€134,030
- Tax, wage and social debts +€22,001
up €22,001 (+43.1%), from €51,074 to €73,075
of which Taxes: +€17,685
- Trade debts -€16,027
down €16,027 (-22.1%), from €72,559 to €56,533
- Staff costs +€29,678
up €29,678 (+9.2%), from €321,385 to €351,063
- Gross operating margin +€24,405
up €24,405 (+6.1%), from €402,855 to €427,260
- Depreciation -€8,234
down €8,234 (-53.1%), from €15,510 to €7,277
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 | €290,013 | €317,184 | +€27,171 | +9.4% |
| Fixed assets | 21/28 | €16,403 | €19,118 | +€2,716 | +16.6% |
| Tangible fixed assets | 22/27 | €16,403 | €19,118 | +€2,716 | +16.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €16,403 | €19,118 | +€2,716 | +16.6% |
| Current assets | 29/58 | €273,610 | €298,065 | +€24,455 | +8.9% |
| Amounts receivable within one year | 40/41 | €164,418 | €193,861 | +€29,442 | +17.9% |
| Trade receivables | 40 | €163,208 | €193,509 | +€30,301 | +18.6% |
| Other amounts receivable | 41 | €1,210 | €351 | -€859 | -71.0% |
| Cash at bank and in hand | 54/58 | €97,370 | €90,639 | -€6,730 | -6.9% |
| Deferred charges and accrued income | 490/1 | €11,822 | €13,565 | +€1,743 | +14.7% |
| Total equity and liabilities | 10/49 | €290,013 | €317,184 | +€27,171 | +9.4% |
| Equity | 10/15 | €152,721 | €18,692 | -€134,030 | -87.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €134,121 | €92 | -€134,030 | -99.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €134,121 | €92 | -€134,030 | -99.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €137,292 | €298,492 | +€161,200 | +117% |
| Amounts payable after more than one year | 17 | €5,836 | €2,804 | -€3,031 | -51.9% |
| Financial debts | 170/4 | €5,836 | €2,804 | -€3,031 | -51.9% |
| Amounts payable within one year | 42/48 | €131,456 | €295,688 | +€164,232 | +125% |
| Current portion of amounts payable after more than one year | 42 | €4,034 | €3,031 | -€1,003 | -24.9% |
| Trade debts | 44 | €72,559 | €56,533 | -€16,027 | -22.1% |
| Suppliers | 440/4 | €72,559 | €56,533 | -€16,027 | -22.1% |
| Taxes, remuneration and social security | 45 | €51,074 | €73,075 | +€22,001 | +43.1% |
| Taxes | 450/3 | €25,453 | €43,137 | +€17,685 | +69.5% |
| Remuneration and social security | 454/9 | €25,621 | €29,938 | +€4,317 | +16.8% |
| Other amounts payable | 47/48 | €3,789 | €163,049 | +€159,260 | +4,204% |
| Remuneration, social security and pensions | 62 | €321,385 | €351,063 | +€29,678 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,510 | €7,277 | -€8,234 | -53.1% |
| Other operating charges | 640/8 | €1,092 | €952 | -€140 | -12.9% |
| Gross operating margin | 9900 | €402,855 | €427,260 | +€24,405 | +6.1% |
| Operating profit (loss) | 9901 | €64,868 | €67,969 | +€3,101 | +4.8% |
| Financial income | 75/76B | €258 | €118 | -€141 | -54.4% |
| Recurring financial income | 75 | €258 | €118 | -€141 | -54.4% |
| Financial charges | 65/66B | €5,173 | €4,506 | -€667 | -12.9% |
| Recurring financial charges | 65 | €5,173 | €4,506 | -€667 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €59,953 | €63,580 | +€3,627 | +6.1% |
| Income taxes | 67/77 | €16,982 | €17,610 | +€628 | +3.7% |
| Profit (loss) for the period | 9904 | €42,971 | €45,970 | +€3,000 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,971 | €45,970 | +€3,000 | +7.0% |
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 17 October 2026 via checked.be.