GROEN OP MAAT: what changed
GROEN OP MAAT
Largest movements
- Cash +€25,547
up €25,547 (+118%), from €21,584 to €47,131
mainly Net result for the year (+€16,200) and Trade debts (+€7,430)
- Receivables within one year +€3,922
up €3,922 (+92.3%), from €4,249 to €8,171
of which Trade receivables: +€6,384
- Tangible fixed assets -€2,579
down €2,579 (-20.9%), from €12,324 to €9,745
- Reserves +€16,200
up €16,200 (+85.6%), from €18,918 to €35,119
- Trade debts +€7,430
up €7,430 (+248%), from €2,997 to €10,428
- Tax, wage and social debts +€3,203
up €3,203 (+26.7%), from €12,003 to €15,205
of which Taxes: +€5,362
- Gross operating margin +€2,883
up €2,883 (+12.3%), from €23,346 to €26,229
- Depreciation +€2,007
up €2,007 (+351%), from €572 to €2,579
- Taxes +€464
up €464 (+7.4%), from €6,277 to €6,741
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,713 | €66,686 | +€26,973 | +67.9% |
| Fixed assets | 21/28 | €12,324 | €9,745 | -€2,579 | -20.9% |
| Tangible fixed assets | 22/27 | €12,324 | €9,745 | -€2,579 | -20.9% |
| Plant, machinery and equipment | 23 | €12,324 | €9,745 | -€2,579 | -20.9% |
| Current assets | 29/58 | €27,389 | €56,941 | +€29,552 | +108% |
| Amounts receivable within one year | 40/41 | €4,249 | €8,171 | +€3,922 | +92.3% |
| Trade receivables | 40 | €966 | €7,350 | +€6,384 | +661% |
| Other amounts receivable | 41 | €3,282 | €821 | -€2,461 | -75.0% |
| Cash at bank and in hand | 54/58 | €21,584 | €47,131 | +€25,547 | +118% |
| Deferred charges and accrued income | 490/1 | €1,556 | €1,639 | +€83 | +5.3% |
| Total equity and liabilities | 10/49 | €39,713 | €66,686 | +€26,973 | +67.9% |
| Equity | 10/15 | €23,918 | €40,119 | +€16,200 | +67.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,918 | €35,119 | +€16,200 | +85.6% |
| Distributable reserves | 133 | €18,918 | €35,119 | +€16,200 | +85.6% |
| Amounts payable | 17/49 | €15,795 | €26,567 | +€10,773 | +68.2% |
| Amounts payable within one year | 42/48 | €15,795 | €26,567 | +€10,773 | +68.2% |
| Trade debts | 44 | €2,997 | €10,428 | +€7,430 | +248% |
| Suppliers | 440/4 | €2,997 | €10,428 | +€7,430 | +248% |
| Taxes, remuneration and social security | 45 | €12,003 | €15,205 | +€3,203 | +26.7% |
| Taxes | 450/3 | €7,656 | €13,018 | +€5,362 | +70.0% |
| Remuneration and social security | 454/9 | €4,347 | €2,188 | -€2,159 | -49.7% |
| Other amounts payable | 47/48 | €795 | €934 | +€140 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €572 | €2,579 | +€2,007 | +351% |
| Other operating charges | 640/8 | €480 | €489 | +€10 | +2.0% |
| Gross operating margin | 9900 | €23,346 | €26,229 | +€2,883 | +12.3% |
| Operating profit (loss) | 9901 | €22,294 | €23,160 | +€866 | +3.9% |
| Financial charges | 65/66B | €64 | €218 | +€155 | +243% |
| Recurring financial charges | 65 | €64 | €218 | +€155 | +243% |
| Profit (loss) for the period before taxes | 9903 | €22,230 | €22,941 | +€712 | +3.2% |
| Income taxes | 67/77 | €6,277 | €6,741 | +€464 | +7.4% |
| Profit (loss) for the period | 9904 | €15,953 | €16,200 | +€247 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,953 | €16,200 | +€247 | +1.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.