GROELKE: 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.
GROELKE
Largest movements
- Cash -€22,381
down €22,381 (-92.0%), from €24,335 to €1,954
mainly Trade debts (-€19,893) and Tax, wage and social debts (-€15,420)
- Trade debts -€19,893
down €19,893 (-35.3%), from €56,398 to €36,505
- Tax, wage and social debts -€15,420
down €15,420 (-71.8%), from €21,482 to €6,062
of which Taxes: -€15,388
- Other debts +€12,089
up €12,089 (+12.5%), from €96,607 to €108,696
- Gross operating margin -€136,847
down €136,847 (-97.4%), from €140,529 to €3,683
- Taxes -€22,469
down €22,469 (-97.5%), from €23,039 to €570
- Staff costs -€3,937
down €3,937 (-97.9%), from €4,022 to €85
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €318,038 | €296,333 | -€21,705 | -6.8% |
| Current assets | 29/58 | €318,038 | €296,333 | -€21,705 | -6.8% |
| Amounts receivable within one year | 40/41 | €293,583 | €294,379 | +€796 | +0.3% |
| Trade receivables | 40 | €117,949 | €99,314 | -€18,635 | -15.8% |
| Other amounts receivable | 41 | €175,635 | €195,065 | +€19,430 | +11.1% |
| Cash at bank and in hand | 54/58 | €24,335 | €1,954 | -€22,381 | -92.0% |
| Deferred charges and accrued income | 490/1 | €119 | €0 | -€119 | -100% |
| Total equity and liabilities | 10/49 | €318,038 | €296,333 | -€21,705 | -6.8% |
| Equity | 10/15 | €143,551 | €145,070 | +€1,519 | +1.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €123,551 | €125,070 | +€1,519 | +1.2% |
| Distributable reserves | 133 | €123,551 | €125,070 | +€1,519 | +1.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €174,487 | €151,263 | -€23,224 | -13.3% |
| Amounts payable within one year | 42/48 | €174,487 | €151,263 | -€23,224 | -13.3% |
| Trade debts | 44 | €56,398 | €36,505 | -€19,893 | -35.3% |
| Suppliers | 440/4 | €56,398 | €36,505 | -€19,893 | -35.3% |
| Taxes, remuneration and social security | 45 | €21,482 | €6,062 | -€15,420 | -71.8% |
| Taxes | 450/3 | €17,770 | €2,382 | -€15,388 | -86.6% |
| Remuneration and social security | 454/9 | €3,712 | €3,680 | -€32 | -0.9% |
| Other amounts payable | 47/48 | €96,607 | €108,696 | +€12,089 | +12.5% |
| Remuneration, social security and pensions | 62 | €4,022 | €85 | -€3,937 | -97.9% |
| Other operating charges | 640/8 | €818 | €840 | +€22 | +2.8% |
| Non-recurring operating charges | 66A | €893 | €0 | -€893 | -100% |
| Gross operating margin | 9900 | €140,529 | €3,683 | -€136,847 | -97.4% |
| Operating profit (loss) | 9901 | €134,798 | €2,758 | -€132,040 | -98.0% |
| Financial income | 75/76B | €0 | €30 | +€30 | +29,900% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +29,900% |
| Financial charges | 65/66B | €266 | €699 | +€433 | +163% |
| Recurring financial charges | 65 | €266 | €699 | +€433 | +163% |
| Profit (loss) for the period before taxes | 9903 | €134,532 | €2,089 | -€132,443 | -98.4% |
| Income taxes | 67/77 | €23,039 | €570 | -€22,469 | -97.5% |
| Profit (loss) for the period | 9904 | €111,493 | €1,519 | -€109,973 | -98.6% |
| Profit (loss) for the period to be appropriated | 9905 | €111,493 | €1,519 | -€109,973 | -98.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.