GROENDESIGN VANDEVELDE: what changed
What changed
GROENDESIGN VANDEVELDE
NACE 81.300, Landscape service activities
filed annual accounts (NBB)
Net result for the year
€96,437
2024 · €69,536+€26,901
Equity
€362,824
2024 · €266,387+€96,437
Cash
€143,309
2024 · €166,680-€23,371
Balance sheet total
€2.1m
2024 · €2.0m+€133,841
Largest movements
Assets
- Stocks and contracts +€108,276
up €108,276 (+34.3%), from €315,899 to €424,176
- Tangible fixed assets +€35,478
up €35,478 (+2.6%), from €1.4m to €1.4m
of which Plant, machinery and equipment: +€29,263
- Cash -€23,371
down €23,371 (-14.0%), from €166,680 to €143,309
mainly Investment in fixed assets (net) (-€126,230) and Stocks and contracts (-€108,276)
Equity and liabilities
- Reserves +€340,886
up €340,886 (+21,498%), from €1,586 to €342,471
of which Distributable reserves: +€340,886
- Profit (loss) carried forward -€244,449
down €244,449 (-99.9%), from €244,802 to €353
- Short-term financial debts +€111,701
up €111,701 (+3,304%), from €3,381 to €115,082
- Other debts -€65,491
down €65,491 (-25.4%), from €257,689 to €192,198
Income statement
- Staff costs +€40,768
up €40,768 (+35.1%), from €116,255 to €157,023
- Gross operating margin +€32,908
up €32,908 (+8.5%), from €385,120 to €418,028
- Depreciation +€22,974
up €22,974 (+33.9%), from €67,778 to €90,752
- Taxes +€17,153
up €17,153 (+142%), from €12,111 to €29,264
- Financial charges +€6,942
up €6,942 (+16.4%), from €42,245 to €49,187
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.
Result 2024
€69,536
Gross operating margin
+€32,908
Staff costs
-€40,768
Depreciation
-€22,974
Other operating charges
-€2,617
Other operating items
+€84,301
Financial income
+€147
Financial charges
-€6,942
Taxes
-€17,153
Result 2025
€96,437
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€22,066
Investment
-€126,230
Financing
+€124,925
Cash 2024
€166,680
From operations (derived)
-€22,066
Net result for the year
+€96,437
Depreciation
+€90,752
Stocks and contracts
-€108,276
Receivables within one year
-€5,456
Deferred charges and accrued income
-€8,001
Trade debts
-€18,584
Tax, wage and social debts
-€1,833
Other debts
-€65,491
Accrued charges and deferred income
-€1,613
Investment (derived)
-€126,230
Investment in fixed assets (net)
-€126,230
Financing
+€124,925
Debts after one year
+€11,401
Current portion of long-term debt
+€1,823
Short-term financial debts
+€111,701
Cash 2025
€143,309
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,972,547 | €2,106,388 | +€133,841 | +6.8% |
| Fixed assets | 21/28 | €1,363,722 | €1,399,200 | +€35,478 | +2.6% |
| Tangible fixed assets | 22/27 | €1,353,172 | €1,388,650 | +€35,478 | +2.6% |
| Land and buildings | 22 | €1,299,469 | €1,295,682 | -€3,788 | -0.3% |
| Plant, machinery and equipment | 23 | €53,703 | €82,966 | +€29,263 | +54.5% |
| Furniture and vehicles | 24 | - | €10,003 | +€10,003 | |
| Financial fixed assets | 28 | €10,550 | €10,550 | = | 0.0% |
| Current assets | 29/58 | €608,825 | €707,188 | +€98,363 | +16.2% |
| Stocks and contracts in progress | 3 | €315,899 | €424,176 | +€108,276 | +34.3% |
| Stocks | 30/36 | €315,899 | €424,176 | +€108,276 | +34.3% |
| Amounts receivable within one year | 40/41 | €126,029 | €131,485 | +€5,456 | +4.3% |
| Trade receivables | 40 | €32,862 | €39,880 | +€7,018 | +21.4% |
| Other amounts receivable | 41 | €93,167 | €91,605 | -€1,562 | -1.7% |
| Cash at bank and in hand | 54/58 | €166,680 | €143,309 | -€23,371 | -14.0% |
| Deferred charges and accrued income | 490/1 | €217 | €8,218 | +€8,001 | +3,688% |
| Total equity and liabilities | 10/49 | €1,972,547 | €2,106,388 | +€133,841 | +6.8% |
| Equity | 10/15 | €266,387 | €362,824 | +€96,437 | +36.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,586 | €342,471 | +€340,886 | +21,498% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €1,471 | €1,471 | = | 0.0% |
| Distributable reserves | 133 | €114 | €341,000 | +€340,886 | +298,342% |
| Profit (loss) carried forward | 14 | €244,802 | €353 | -€244,449 | -99.9% |
| Amounts payable | 17/49 | €1,706,160 | €1,743,564 | +€37,404 | +2.2% |
| Amounts payable after more than one year | 17 | €1,006,811 | €1,018,212 | +€11,401 | +1.1% |
| Financial debts | 170/4 | €1,006,811 | €909,809 | -€97,002 | -9.6% |
| Other amounts payable | 178/9 | - | €108,402 | +€108,402 | |
| Amounts payable within one year | 42/48 | €681,628 | €709,244 | +€27,616 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €95,179 | €97,002 | +€1,823 | +1.9% |
| Financial debts | 43 | €3,381 | €115,082 | +€111,701 | +3,304% |
| Credit institutions | 430/8 | €3,381 | €115,082 | +€111,701 | +3,304% |
| Trade debts | 44 | €259,654 | €241,070 | -€18,584 | -7.2% |
| Suppliers | 440/4 | €259,654 | €241,070 | -€18,584 | -7.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €65,726 | €63,893 | -€1,833 | -2.8% |
| Taxes | 450/3 | €43,664 | €32,080 | -€11,584 | -26.5% |
| Remuneration and social security | 454/9 | €22,062 | €31,813 | +€9,751 | +44.2% |
| Other amounts payable | 47/48 | €257,689 | €192,198 | -€65,491 | -25.4% |
| Accrued charges and deferred income | 492/3 | €17,721 | €16,107 | -€1,613 | -9.1% |
| Non-recurring operating income | 76A | €54,800 | €0 | -€54,800 | -100% |
| Remuneration, social security and pensions | 62 | €116,255 | €157,023 | +€40,768 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,778 | €90,752 | +€22,974 | +33.9% |
| Other operating charges | 640/8 | €4,611 | €7,228 | +€2,617 | +56.8% |
| Non-recurring operating charges | 66A | €84,301 | €0 | -€84,301 | -100% |
| Gross operating margin | 9900 | €385,120 | €418,028 | +€32,908 | +8.5% |
| Operating profit (loss) | 9901 | €112,176 | €163,025 | +€50,849 | +45.3% |
| Financial income | 75/76B | €11,716 | €11,863 | +€147 | +1.3% |
| Recurring financial income | 75 | €11,716 | €11,863 | +€147 | +1.3% |
| Financial charges | 65/66B | €42,245 | €49,187 | +€6,942 | +16.4% |
| Recurring financial charges | 65 | €42,245 | €49,187 | +€6,942 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €81,647 | €125,701 | +€44,054 | +54.0% |
| Income taxes | 67/77 | €12,111 | €29,264 | +€17,153 | +142% |
| Profit (loss) for the period | 9904 | €69,536 | €96,437 | +€26,901 | +38.7% |
| Profit (loss) for the period to be appropriated | 9905 | €69,536 | €96,437 | +€26,901 | +38.7% |
Next steps
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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 7 November 2026 via checked.be.