Groen Consultancy: 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.
Groen Consultancy
Largest movements
- Tangible fixed assets +€476,982
up €476,982 (+111%), from €429,698 to €906,680
of which Land and buildings: +€515,200
- Receivables within one year +€276,946
up €276,946 (+90.4%), from €306,498 to €583,444
of which Trade receivables: +€277,441
- Cash +€88,209
up €88,209 (+39.4%), from €223,773 to €311,982
mainly Net result for the year (+€507,225) and Debts after one year (+€290,742)
- Reserves +€307,225
up €307,225 (+63.8%), from €481,471 to €788,696
- Debts after one year +€290,742
up €290,742 (+158%), from €184,081 to €474,823
- Other debts +€147,738
up €147,738 (+283%), from €52,262 to €200,000
- Short-term financial debts +€54,065
up €54,065 (+59.1%), from €91,474 to €145,538
- Trade debts +€28,620
up €28,620 (+74.5%), from €38,417 to €67,038
- Gross operating margin +€361,908
up €361,908 (+70.3%), from €514,582 to €876,490
- Taxes +€78,637
up €78,637 (+83.3%), from €94,415 to €173,053
- Staff costs +€45,875
up €45,875 (+695%), from €6,601 to €52,476
- Depreciation +€16,506
up €16,506 (+17.5%), from €94,138 to €110,645
- Financial charges +€14,269
up €14,269 (+98.9%), from €14,426 to €28,696
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 | €969,596 | €1,812,596 | +€843,000 | +86.9% |
| Fixed assets | 21/28 | €431,577 | €908,559 | +€476,982 | +111% |
| Tangible fixed assets | 22/27 | €429,698 | €906,680 | +€476,982 | +111% |
| Land and buildings | 22 | - | €515,200 | +€515,200 | |
| Plant, machinery and equipment | 23 | €210,121 | €185,586 | -€24,535 | -11.7% |
| Furniture and vehicles | 24 | €187,757 | €184,182 | -€3,575 | -1.9% |
| Leasing and similar rights | 25 | €31,820 | €21,712 | -€10,108 | -31.8% |
| Financial fixed assets | 28 | €1,879 | €1,879 | = | 0.0% |
| Current assets | 29/58 | €538,020 | €904,037 | +€366,018 | +68.0% |
| Amounts receivable within one year | 40/41 | €306,498 | €583,444 | +€276,946 | +90.4% |
| Trade receivables | 40 | €284,140 | €561,581 | +€277,441 | +97.6% |
| Other amounts receivable | 41 | €22,358 | €21,863 | -€495 | -2.2% |
| Cash at bank and in hand | 54/58 | €223,773 | €311,982 | +€88,209 | +39.4% |
| Deferred charges and accrued income | 490/1 | €7,748 | €8,612 | +€863 | +11.1% |
| Total equity and liabilities | 10/49 | €969,596 | €1,812,596 | +€843,000 | +86.9% |
| Equity | 10/15 | €482,471 | €789,696 | +€307,225 | +63.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €481,471 | €788,696 | +€307,225 | +63.8% |
| Distributable reserves | 133 | €481,471 | €788,696 | +€307,225 | +63.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €487,125 | €1,022,900 | +€535,775 | +110% |
| Amounts payable after more than one year | 17 | €184,081 | €474,823 | +€290,742 | +158% |
| Financial debts | 170/4 | €184,081 | €474,823 | +€290,742 | +158% |
| Amounts payable within one year | 42/48 | €303,044 | €548,077 | +€245,033 | +80.9% |
| Current portion of amounts payable after more than one year | 42 | €66,303 | €92,989 | +€26,687 | +40.2% |
| Financial debts | 43 | €91,474 | €145,538 | +€54,065 | +59.1% |
| Credit institutions | 430/8 | €91,474 | €145,538 | +€54,065 | +59.1% |
| Trade debts | 44 | €38,417 | €67,038 | +€28,620 | +74.5% |
| Suppliers | 440/4 | €38,417 | €67,038 | +€28,620 | +74.5% |
| Taxes, remuneration and social security | 45 | €54,588 | €42,512 | -€12,076 | -22.1% |
| Taxes | 450/3 | €54,588 | €35,891 | -€18,697 | -34.3% |
| Remuneration and social security | 454/9 | - | €6,621 | +€6,621 | |
| Other amounts payable | 47/48 | €52,262 | €200,000 | +€147,738 | +283% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €6,601 | €52,476 | +€45,875 | +695% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,138 | €110,645 | +€16,506 | +17.5% |
| Other operating charges | 640/8 | €4,351 | €8,455 | +€4,104 | +94.3% |
| Non-recurring operating charges | 66A | €880 | - | -€880 | |
| Gross operating margin | 9900 | €514,582 | €876,490 | +€361,908 | +70.3% |
| Operating profit (loss) | 9901 | €408,611 | €704,915 | +€296,304 | +72.5% |
| Financial income | 75/76B | €46 | €4,059 | +€4,012 | +8,632% |
| Recurring financial income | 75 | €46 | €4,059 | +€4,012 | +8,632% |
| Financial charges | 65/66B | €14,426 | €28,696 | +€14,269 | +98.9% |
| Recurring financial charges | 65 | €14,426 | €28,696 | +€14,269 | +98.9% |
| Profit (loss) for the period before taxes | 9903 | €394,231 | €680,278 | +€286,046 | +72.6% |
| Income taxes | 67/77 | €94,415 | €173,053 | +€78,637 | +83.3% |
| Profit (loss) for the period | 9904 | €299,816 | €507,225 | +€207,409 | +69.2% |
| Profit (loss) for the period to be appropriated | 9905 | €299,816 | €507,225 | +€207,409 | +69.2% |
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 21 October 2026 via checked.be.