Groen-Contrast: what changed
Two fiscal 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-Contrast
Largest movements
- Receivables within one year -€94,441
down €94,441 (-68.2%), from €138,421 to €43,980
of which Trade receivables: -€81,520
- Tangible fixed assets +€20,417
up €20,417 (+1.8%), from €1.1m to €1.2m
of which Furniture and vehicles: +€72,105
- Deferred charges and accrued income -€16,157
down €16,157 (-17.1%), from €94,300 to €78,142
- Debts after one year -€89,702
down €89,702 (-9.7%), from €920,410 to €830,708
- Current portion of long-term debt +€26,852
up €26,852 (+21.0%), from €128,094 to €154,946
- Staff costs -€42,618
down €42,618 (-23.1%), from €184,164 to €141,547
- Gross operating margin -€31,046
down €31,046 (-9.8%), from €318,034 to €286,988
- Depreciation +€20,071
up €20,071 (+23.7%), from €84,717 to €104,787
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.
Cash bridge derived
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 | €1,425,886 | €1,349,854 | -€76,031 | -5.3% |
| Fixed assets | 21/28 | €1,145,348 | €1,165,766 | +€20,417 | +1.8% |
| Tangible fixed assets | 22/27 | €1,145,078 | €1,165,496 | +€20,417 | +1.8% |
| Land and buildings | 22 | €704,588 | €683,653 | -€20,934 | -3.0% |
| Plant, machinery and equipment | 23 | €124,835 | €112,475 | -€12,360 | -9.9% |
| Furniture and vehicles | 24 | €223,233 | €295,337 | +€72,105 | +32.3% |
| Leasing and similar rights | 25 | €92,423 | €74,030 | -€18,393 | -19.9% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €280,537 | €184,089 | -€96,449 | -34.4% |
| Stocks and contracts in progress | 3 | €30,000 | €30,000 | = | 0.0% |
| Stocks | 30/36 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €138,421 | €43,980 | -€94,441 | -68.2% |
| Trade receivables | 40 | €123,847 | €42,327 | -€81,520 | -65.8% |
| Other amounts receivable | 41 | €14,574 | €1,653 | -€12,921 | -88.7% |
| Cash at bank and in hand | 54/58 | €17,816 | €31,967 | +€14,150 | +79.4% |
| Deferred charges and accrued income | 490/1 | €94,300 | €78,142 | -€16,157 | -17.1% |
| Total equity and liabilities | 10/49 | €1,425,886 | €1,349,854 | -€76,031 | -5.3% |
| Equity | 10/15 | €292,139 | €295,679 | +€3,540 | +1.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €252,139 | €255,679 | +€3,540 | +1.4% |
| Distributable reserves | 133 | €252,139 | €255,679 | +€3,540 | +1.4% |
| Amounts payable | 17/49 | €1,133,747 | €1,054,175 | -€79,571 | -7.0% |
| Amounts payable after more than one year | 17 | €920,410 | €830,708 | -€89,702 | -9.7% |
| Financial debts | 170/4 | €920,410 | €830,708 | -€89,702 | -9.7% |
| Amounts payable within one year | 42/48 | €211,573 | €220,811 | +€9,238 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €128,094 | €154,946 | +€26,852 | +21.0% |
| Trade debts | 44 | €63,296 | €50,531 | -€12,765 | -20.2% |
| Suppliers | 440/4 | €63,296 | €50,531 | -€12,765 | -20.2% |
| Taxes, remuneration and social security | 45 | €20,183 | €15,334 | -€4,849 | -24.0% |
| Taxes | 450/3 | €13,553 | €10,018 | -€3,535 | -26.1% |
| Remuneration and social security | 454/9 | €6,630 | €5,316 | -€1,315 | -19.8% |
| Accrued charges and deferred income | 492/3 | €1,764 | €2,656 | +€893 | +50.6% |
| Non-recurring operating income | 76A | €32,421 | €0 | -€32,421 | -100.0% |
| Remuneration, social security and pensions | 62 | €184,164 | €141,547 | -€42,618 | -23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,717 | €104,787 | +€20,071 | +23.7% |
| Other operating charges | 640/8 | €9,040 | €9,371 | +€331 | +3.7% |
| Gross operating margin | 9900 | €318,034 | €286,988 | -€31,046 | -9.8% |
| Operating profit (loss) | 9901 | €40,114 | €31,283 | -€8,830 | -22.0% |
| Financial income | 75/76B | €341 | €422 | +€81 | +23.7% |
| Recurring financial income | 75 | €341 | €422 | +€81 | +23.7% |
| Financial charges | 65/66B | €27,163 | €26,045 | -€1,118 | -4.1% |
| Recurring financial charges | 65 | €27,163 | €26,045 | -€1,118 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €13,292 | €5,660 | -€7,632 | -57.4% |
| Income taxes | 67/77 | €2,694 | €2,120 | -€574 | -21.3% |
| Profit (loss) for the period | 9904 | €10,597 | €3,540 | -€7,057 | -66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,597 | €3,540 | -€7,057 | -66.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.