GROENE POORT DREEF: what changed
GROENE POORT DREEF
Largest movements
- Stocks and contracts -€1.2m
down €1.2m (-65.5%), from €1.8m to €625,427
of which Contracts in progress: -€837,564
- Receivables within one year -€523,978
down €523,978 (-97.6%), from €536,709 to €12,731
of which Trade receivables: -€514,213
- Cash -€122,314
down €122,314 (-6.7%), from €1.8m to €1.7m
mainly Advances received (-€1.2m) and Contributions, distributions and other (-€1.0m)
- Advances received -€1.2m
down €1.2m (-64.0%), from €1.9m to €670,046
- Reserves -€612,336
down €612,336 (-30.5%), from €2.0m to €1.4m
of which Distributable reserves: -€612,336
- Gross operating margin -€2.0m
down €2.0m (-81.0%), from €2.5m to €472,599
- Taxes -€485,425
down €485,425 (-79.0%), from €614,646 to €129,221
- Financial charges -€123,710
down €123,710 (-90.1%), from €137,297 to €13,587
- Financial income -€52,268
down €52,268 (-46.3%), from €112,853 to €60,585
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 | €4,205,306 | €2,352,327 | -€1.9m | -44.1% |
| Fixed assets | 21/28 | €25,372 | €3,800 | -€21,572 | -85.0% |
| Financial fixed assets | 28 | €25,372 | €3,800 | -€21,572 | -85.0% |
| Current assets | 29/58 | €4,179,933 | €2,348,526 | -€1.8m | -43.8% |
| Stocks and contracts in progress | 3 | €1,810,542 | €625,427 | -€1.2m | -65.5% |
| Stocks | 30/36 | €347,551 | - | -€347,551 | |
| Contracts in progress | 37 | €1,462,991 | €625,427 | -€837,564 | -57.3% |
| Amounts receivable within one year | 40/41 | €536,709 | €12,731 | -€523,978 | -97.6% |
| Trade receivables | 40 | €515,842 | €1,629 | -€514,213 | -99.7% |
| Other amounts receivable | 41 | €20,867 | €11,102 | -€9,764 | -46.8% |
| Cash at bank and in hand | 54/58 | €1,832,682 | €1,710,369 | -€122,314 | -6.7% |
| Total equity and liabilities | 10/49 | €4,205,306 | €2,352,327 | -€1.9m | -44.1% |
| Equity | 10/15 | €2,082,824 | €1,470,488 | -€612,336 | -29.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €2,007,824 | €1,395,488 | -€612,336 | -30.5% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €2,000,324 | €1,387,988 | -€612,336 | -30.6% |
| Amounts payable | 17/49 | €2,122,482 | €881,838 | -€1.2m | -58.5% |
| Amounts payable within one year | 42/48 | €2,116,222 | €879,332 | -€1.2m | -58.4% |
| Trade debts | 44 | €97,466 | €78,235 | -€19,231 | -19.7% |
| Suppliers | 440/4 | €97,466 | €78,235 | -€19,231 | -19.7% |
| Advances received on contracts in progress | 46 | €1,861,915 | €670,046 | -€1.2m | -64.0% |
| Taxes, remuneration and social security | 45 | €156,841 | €131,051 | -€25,790 | -16.4% |
| Taxes | 450/3 | €156,841 | €131,051 | -€25,790 | -16.4% |
| Accrued charges and deferred income | 492/3 | €6,260 | €2,506 | -€3,754 | -60.0% |
| Other operating charges | 640/8 | €513 | €2,712 | +€2,198 | +428% |
| Gross operating margin | 9900 | €2,482,643 | €472,599 | -€2.0m | -81.0% |
| Operating profit (loss) | 9901 | €2,482,130 | €469,888 | -€2.0m | -81.1% |
| Financial income | 75/76B | €112,853 | €60,585 | -€52,268 | -46.3% |
| Recurring financial income | 75 | €112,853 | €60,585 | -€52,268 | -46.3% |
| Financial charges | 65/66B | €137,297 | €13,587 | -€123,710 | -90.1% |
| Recurring financial charges | 65 | €137,297 | €13,587 | -€123,710 | -90.1% |
| Profit (loss) for the period before taxes | 9903 | €2,457,686 | €516,886 | -€1.9m | -79.0% |
| Income taxes | 67/77 | €614,646 | €129,221 | -€485,425 | -79.0% |
| Profit (loss) for the period | 9904 | €1,843,040 | €387,664 | -€1.5m | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,843,040 | €387,664 | -€1.5m | -79.0% |
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 8 November 2026 via checked.be.