GROENCONCEPT: 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.
GROENCONCEPT
Largest movements
- Receivables within one year -€36,587
down €36,587 (-59.6%), from €61,387 to €24,800
of which Trade receivables: -€34,065
- Stocks and contracts -€27,500
down €27,500 (-57.9%), from €47,500 to €20,000
- Tangible fixed assets -€11,550
down €11,550 (-31.4%), from €36,802 to €25,252
of which Furniture and vehicles: -€9,331
- Cash -€5,246
down €5,246 (-55.2%), from €9,512 to €4,265
mainly Other debts (-€114,316) and Net result for the year (-€73,281)
- Deferred charges and accrued income -€2,020
down €2,020 (-88.5%), from €2,283 to €263
- Debts after one year +€150,000
new in 2025: €150,000
- Other debts -€114,316
down €114,316 (-63.0%), from €181,449 to €67,132
- Profit (loss) carried forward -€73,281
down €73,281 (-66.7%), from -€109,813 to -€183,094
- Tax, wage and social debts -€26,031
down €26,031 (-84.3%), from €30,874 to €4,843
- Trade debts -€19,276
down €19,276 (-81.4%), from €23,685 to €4,409
- Gross operating margin -€21,558
down €21,558 (-74.0%), from -€29,139 to -€50,697
- Depreciation +€6,229
up €6,229 (+117%), from €5,321 to €11,550
- Financial charges +€6,103
up €6,103 (+307%), from €1,985 to €8,089
- Other operating charges +€1,538
up €1,538 (+105%), from €1,470 to €3,008
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 | €157,484 | €74,581 | -€82,903 | -52.6% |
| Fixed assets | 21/28 | €36,802 | €25,252 | -€11,550 | -31.4% |
| Tangible fixed assets | 22/27 | €36,802 | €25,252 | -€11,550 | -31.4% |
| Plant, machinery and equipment | 23 | €3,237 | €1,017 | -€2,219 | -68.6% |
| Furniture and vehicles | 24 | €33,565 | €24,234 | -€9,331 | -27.8% |
| Current assets | 29/58 | €120,681 | €49,329 | -€71,353 | -59.1% |
| Stocks and contracts in progress | 3 | €47,500 | €20,000 | -€27,500 | -57.9% |
| Stocks | 30/36 | €47,500 | €20,000 | -€27,500 | -57.9% |
| Amounts receivable within one year | 40/41 | €61,387 | €24,800 | -€36,587 | -59.6% |
| Trade receivables | 40 | €58,855 | €24,790 | -€34,065 | -57.9% |
| Other amounts receivable | 41 | €2,532 | €10 | -€2,522 | -99.6% |
| Cash at bank and in hand | 54/58 | €9,512 | €4,265 | -€5,246 | -55.2% |
| Deferred charges and accrued income | 490/1 | €2,283 | €263 | -€2,020 | -88.5% |
| Total equity and liabilities | 10/49 | €157,484 | €74,581 | -€82,903 | -52.6% |
| Equity | 10/15 | -€78,523 | -€151,804 | -€73,281 | -93.3% |
| Contributions | 10/11 | €18,900 | €18,900 | = | 0.0% |
| Reserves | 13 | €12,390 | €12,390 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,890 | €1,890 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,890 | €1,890 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,500 | €10,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,813 | -€183,094 | -€73,281 | -66.7% |
| Amounts payable | 17/49 | €236,007 | €226,385 | -€9,622 | -4.1% |
| Amounts payable after more than one year | 17 | - | €150,000 | +€150,000 | |
| Financial debts | 170/4 | - | €150,000 | +€150,000 | |
| Amounts payable within one year | 42/48 | €236,007 | €76,385 | -€159,622 | -67.6% |
| Trade debts | 44 | €23,685 | €4,409 | -€19,276 | -81.4% |
| Suppliers | 440/4 | €23,685 | €4,409 | -€19,276 | -81.4% |
| Taxes, remuneration and social security | 45 | €30,874 | €4,843 | -€26,031 | -84.3% |
| Taxes | 450/3 | €30,874 | €4,843 | -€26,031 | -84.3% |
| Other amounts payable | 47/48 | €181,449 | €67,132 | -€114,316 | -63.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,321 | €11,550 | +€6,229 | +117% |
| Other operating charges | 640/8 | €1,470 | €3,008 | +€1,538 | +105% |
| Gross operating margin | 9900 | -€29,139 | -€50,697 | -€21,558 | -74.0% |
| Operating profit (loss) | 9901 | -€35,931 | -€65,256 | -€29,325 | -81.6% |
| Financial income | 75/76B | €162 | €63 | -€99 | -60.9% |
| Recurring financial income | 75 | €162 | €63 | -€99 | -60.9% |
| Financial charges | 65/66B | €1,985 | €8,089 | +€6,103 | +307% |
| Recurring financial charges | 65 | €1,985 | €8,089 | +€6,103 | +307% |
| Profit (loss) for the period before taxes | 9903 | -€37,753 | -€73,281 | -€35,527 | -94.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€37,753 | -€73,281 | -€35,527 | -94.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,753 | -€73,281 | -€35,527 | -94.1% |
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 16 October 2026 via checked.be.