GROENEVELD: 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.
GROENEVELD
Largest movements
- Cash +€19,687
up €19,687 (+42.5%), from €46,361 to €66,048
mainly Net result for the year (+€30,140) and Tax, wage and social debts (+€8,600)
- Receivables within one year +€12,970
up €12,970 (+42.6%), from €30,421 to €43,391
of which Other amounts receivable: +€15,176
- Tangible fixed assets +€7,958
up €7,958 (+107.6%), from €7,399 to €15,357
of which Other tangible fixed assets: +€8,969
- Deferred charges and accrued income -€1,620
down €1,620 (-48.0%), from €3,374 to €1,754
- Reserves +€30,140
up €30,140 (+43.6%), from €69,063 to €99,203
of which Distributable reserves: +€30,140
- Tax, wage and social debts +€8,600
up €8,600 (+111.3%), from €7,725 to €16,324
of which Taxes: +€6,384
- Gross operating margin +€6,826
up €6,826 (+16.1%), from €42,422 to €49,247
- Depreciation +€1,678
up €1,678 (+105.9%), from €1,584 to €3,261
- Taxes +€1,377
up €1,377 (+10.7%), from €12,819 to €14,196
- Financial income +€599
up €599 (+190.9%), from €314 to €913
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 | €87,574 | €126,569 | +€38,995 | +44.5% |
| Fixed assets | 21/28 | €7,419 | €15,377 | +€7,958 | +107.3% |
| Tangible fixed assets | 22/27 | €7,399 | €15,357 | +€7,958 | +107.6% |
| Furniture and vehicles | 24 | €2,450 | €1,439 | -€1,010 | -41.2% |
| Other tangible fixed assets | 26 | €4,949 | €13,918 | +€8,969 | +181.2% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €80,156 | €111,192 | +€31,037 | +38.7% |
| Amounts receivable within one year | 40/41 | €30,421 | €43,391 | +€12,970 | +42.6% |
| Trade receivables | 40 | €15,489 | €13,284 | -€2,205 | -14.2% |
| Other amounts receivable | 41 | €14,931 | €30,107 | +€15,176 | +101.6% |
| Cash at bank and in hand | 54/58 | €46,361 | €66,048 | +€19,687 | +42.5% |
| Deferred charges and accrued income | 490/1 | €3,374 | €1,754 | -€1,620 | -48.0% |
| Total equity and liabilities | 10/49 | €87,574 | €126,569 | +€38,995 | +44.5% |
| Equity | 10/15 | €75,263 | €105,403 | +€30,140 | +40.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €69,063 | €99,203 | +€30,140 | +43.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €67,203 | €97,343 | +€30,140 | +44.8% |
| Amounts payable | 17/49 | €12,311 | €21,167 | +€8,856 | +71.9% |
| Amounts payable within one year | 42/48 | €12,311 | €21,167 | +€8,856 | +71.9% |
| Trade debts | 44 | €4,587 | €4,843 | +€256 | +5.6% |
| Suppliers | 440/4 | €4,587 | €4,843 | +€256 | +5.6% |
| Taxes, remuneration and social security | 45 | €7,725 | €16,324 | +€8,600 | +111.3% |
| Taxes | 450/3 | €7,725 | €14,109 | +€6,384 | +82.6% |
| Remuneration and social security | 454/9 | - | €2,216 | +€2,216 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,584 | €3,261 | +€1,678 | +105.9% |
| Other operating charges | 640/8 | €1,342 | €1,179 | -€162 | -12.1% |
| Gross operating margin | 9900 | €42,422 | €49,247 | +€6,826 | +16.1% |
| Operating profit (loss) | 9901 | €39,496 | €44,807 | +€5,310 | +13.4% |
| Financial income | 75/76B | €314 | €913 | +€599 | +190.9% |
| Recurring financial income | 75 | €314 | €913 | +€599 | +190.9% |
| Financial charges | 65/66B | €1,773 | €1,385 | -€388 | -21.9% |
| Recurring financial charges | 65 | €1,773 | €1,385 | -€388 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €38,038 | €44,335 | +€6,298 | +16.6% |
| Income taxes | 67/77 | €12,819 | €14,196 | +€1,377 | +10.7% |
| Profit (loss) for the period | 9904 | €25,219 | €30,140 | +€4,921 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,219 | €30,140 | +€4,921 | +19.5% |
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.