GROENDESIGN: 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.
GROENDESIGN
Largest movements
- Tangible fixed assets -€30,374
down €30,374 (-4.0%), from €753,664 to €723,289
of which Land and buildings: -€27,850
- Receivables within one year -€11,020
down €11,020 (-37.0%), from €29,757 to €18,738
- Debts after one year -€39,109
down €39,109 (-10.8%), from €360,956 to €321,847
- Reserves +€19,699
up €19,699 (+7.3%), from €268,499 to €288,198
- Trade debts -€11,073
down €11,073 (-44.0%), from €25,190 to €14,117
- Gross operating margin +€9,691
up €9,691 (+7.8%), from €123,558 to €133,249
- Staff costs +€3,711
up €3,711 (+6.6%), from €56,151 to €59,863
- Taxes +€3,667
up €3,667 (+75.1%), from €4,880 to €8,547
- Depreciation -€2,539
down €2,539 (-7.5%), from €33,955 to €31,416
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 | €785,769 | €751,245 | -€34,524 | -4.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €753,664 | €723,289 | -€30,374 | -4.0% |
| Tangible fixed assets | 22/27 | €753,664 | €723,289 | -€30,374 | -4.0% |
| Land and buildings | 22 | €746,832 | €718,982 | -€27,850 | -3.7% |
| Plant, machinery and equipment | 23 | €4,983 | €4,018 | -€965 | -19.4% |
| Furniture and vehicles | 24 | €1,849 | €289 | -€1,559 | -84.4% |
| Current assets | 29/58 | €32,105 | €27,956 | -€4,150 | -12.9% |
| Stocks and contracts in progress | 3 | €418 | €823 | +€405 | +96.8% |
| Stocks | 30/36 | €418 | €823 | +€405 | +96.8% |
| Amounts receivable within one year | 40/41 | €29,757 | €18,738 | -€11,020 | -37.0% |
| Trade receivables | 40 | €29,757 | €18,738 | -€11,020 | -37.0% |
| Cash at bank and in hand | 54/58 | - | €6,390 | +€6,390 | |
| Deferred charges and accrued income | 490/1 | €1,930 | €2,005 | +€75 | +3.9% |
| Total equity and liabilities | 10/49 | €785,769 | €751,245 | -€34,524 | -4.4% |
| Equity | 10/15 | €317,997 | €337,695 | +€19,699 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €268,499 | €288,198 | +€19,699 | +7.3% |
| Distributable reserves | 133 | €268,499 | €288,198 | +€19,699 | +7.3% |
| Profit (loss) carried forward | 14 | €30,897 | €30,897 | = | 0.0% |
| Amounts payable | 17/49 | €467,772 | €413,550 | -€54,223 | -11.6% |
| Amounts payable after more than one year | 17 | €360,956 | €321,847 | -€39,109 | -10.8% |
| Financial debts | 170/4 | €360,956 | €321,847 | -€39,109 | -10.8% |
| Amounts payable within one year | 42/48 | €106,502 | €91,284 | -€15,218 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €38,245 | €39,109 | +€865 | +2.3% |
| Financial debts | 43 | €5,249 | - | -€5,249 | |
| Credit institutions | 430/8 | €5,249 | - | -€5,249 | |
| Trade debts | 44 | €25,190 | €14,117 | -€11,073 | -44.0% |
| Suppliers | 440/4 | €25,190 | €14,117 | -€11,073 | -44.0% |
| Taxes, remuneration and social security | 45 | €30,364 | €30,424 | +€60 | +0.2% |
| Taxes | 450/3 | €19,264 | €20,576 | +€1,313 | +6.8% |
| Remuneration and social security | 454/9 | €11,100 | €9,847 | -€1,253 | -11.3% |
| Other amounts payable | 47/48 | €7,455 | €7,635 | +€180 | +2.4% |
| Accrued charges and deferred income | 492/3 | €314 | €418 | +€104 | +33.2% |
| Remuneration, social security and pensions | 62 | €56,151 | €59,863 | +€3,711 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,955 | €31,416 | -€2,539 | -7.5% |
| Other operating charges | 640/8 | €1,983 | €3,260 | +€1,277 | +64.4% |
| Non-recurring operating charges | 66A | €22 | €789 | +€766 | +3445.8% |
| Gross operating margin | 9900 | €123,558 | €133,249 | +€9,691 | +7.8% |
| Operating profit (loss) | 9901 | €31,447 | €37,923 | +€6,476 | +20.6% |
| Financial income | 75/76B | €22 | €261 | +€239 | +1078.2% |
| Recurring financial income | 75 | €22 | €261 | +€239 | +1078.2% |
| Financial charges | 65/66B | €10,678 | €9,937 | -€741 | -6.9% |
| Recurring financial charges | 65 | €10,678 | €9,937 | -€741 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €20,791 | €28,246 | +€7,455 | +35.9% |
| Income taxes | 67/77 | €4,880 | €8,547 | +€3,667 | +75.1% |
| Profit (loss) for the period | 9904 | €15,910 | €19,699 | +€3,789 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,910 | €19,699 | +€3,789 | +23.8% |
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 8 October 2026 via checked.be.