GROENEVELT: 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.
GROENEVELT
Largest movements
- Cash +€108,414
up €108,414 (+307%), from €35,302 to €143,716
mainly Net result for the year (+€108,570)
- Reserves +€108,570
up €108,570 (+73.7%), from €147,278 to €255,848
- Financial income +€76,846
up €76,846 (+256%), from €30,000 to €106,846
- Gross operating margin -€440
down €440 (-12.4%), from €3,543 to €3,103
- Taxes -€123
down €123 (-17.6%), from €698 to €575
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 | €187,404 | €295,942 | +€108,537 | +57.9% |
| Fixed assets | 21/28 | €152,000 | €152,000 | = | 0.0% |
| Financial fixed assets | 28 | €152,000 | €152,000 | = | 0.0% |
| Current assets | 29/58 | €35,404 | €143,942 | +€108,537 | +307% |
| Amounts receivable within one year | 40/41 | €102 | €225 | +€123 | +120% |
| Other amounts receivable | 41 | €102 | €225 | +€123 | +120% |
| Cash at bank and in hand | 54/58 | €35,302 | €143,716 | +€108,414 | +307% |
| Total equity and liabilities | 10/49 | €187,404 | €295,942 | +€108,537 | +57.9% |
| Equity | 10/15 | €187,278 | €295,848 | +€108,570 | +58.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €147,278 | €255,848 | +€108,570 | +73.7% |
| Distributable reserves | 133 | €147,278 | €255,848 | +€108,570 | +73.7% |
| Amounts payable | 17/49 | €127 | €94 | -€33 | -25.9% |
| Amounts payable within one year | 42/48 | €127 | €94 | -€33 | -25.9% |
| Trade debts | 44 | €127 | €94 | -€33 | -25.9% |
| Suppliers | 440/4 | €127 | €94 | -€33 | -25.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €700 | €733 | +€33 | +4.8% |
| Gross operating margin | 9900 | €3,543 | €3,103 | -€440 | -12.4% |
| Operating profit (loss) | 9901 | €2,843 | €2,370 | -€473 | -16.6% |
| Financial income | 75/76B | €30,000 | €106,846 | +€76,846 | +256% |
| Recurring financial income | 75 | €30,000 | €106,846 | +€76,846 | +256% |
| Financial charges | 65/66B | €52 | €71 | +€19 | +35.9% |
| Recurring financial charges | 65 | €52 | €71 | +€19 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €32,791 | €109,145 | +€76,354 | +233% |
| Income taxes | 67/77 | €698 | €575 | -€123 | -17.6% |
| Profit (loss) for the period | 9904 | €32,093 | €108,570 | +€76,477 | +238% |
| Profit (loss) for the period to be appropriated | 9905 | €32,093 | €108,570 | +€76,477 | +238% |
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 28 October 2026 via checked.be.