Groeninghe: 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.
What changed
Groeninghe
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€102,437
2024 · €126,425-€23,988
Equity
€896,171
2024 · €793,733+€102,437
Cash
€895,561
2024 · €719,250+€176,312
Balance sheet total
€897,444
2024 · €794,012+€103,433
Largest movements
Assets
- Cash +€176,312
up €176,312 (+24.5%), from €719,250 to €895,561
mainly Net result for the year (+€102,437) and Receivables within one year (+€72,568)
- Receivables within one year -€72,568
down €72,568 (-98.0%), from €74,016 to €1,448
of which Trade receivables: -€72,625
Equity and liabilities
- Profit (loss) carried forward +€102,437
up €102,437 (+92.1%), from €111,233 to €213,671
Income statement
- Other operating income -€51,351
down €51,351 (-98.5%), from €52,151 to €800
- Services and other goods -€38,977
down €38,977 (-80.7%), from €48,322 to €9,345
- Other operating charges +€20,629
up €20,629 (+1,025%), from €2,013 to €22,642
- Write-downs -€18,573
new in 2025: -€18,573
- Goods and materials -€14,008
down €14,008 (-100%), from €14,008 to €0
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.
Result 2024
€126,425
Turnover
+€60
Other operating income
-€51,351
Goods and materials
+€14,008
Services and other goods
+€38,977
Staff costs
+€8,179
Depreciation
+€297
Write-downs
+€18,573
Other operating charges
-€20,629
Other operating items
-€38,574
Financial income
+€51
Financial charges
+€6,420
Result 2025
€102,437
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€176,312
Investment
€0
Financing
€0
Cash 2024
€719,250
From operations (derived)
+€176,312
Net result for the year
+€102,437
Depreciation
+€79
Receivables within one year
+€72,568
Deferred charges and accrued income
+€233
Trade debts
+€995
Cash 2025
€895,561
brings cash in
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €794,012 | €897,444 | +€103,433 | +13.0% |
| Fixed assets | 21/28 | €102 | €24 | -€79 | -77.0% |
| Tangible fixed assets | 22/27 | €102 | €24 | -€79 | -77.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €102 | €24 | -€79 | -77.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Other financial fixed assets | 284/8 | €0 | - | = | |
| Amounts receivable and cash guarantees | 285/8 | €0 | - | = | |
| Current assets | 29/58 | €793,910 | €897,421 | +€103,511 | +13.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €74,016 | €1,448 | -€72,568 | -98.0% |
| Trade receivables | 40 | €72,656 | €31 | -€72,625 | -100.0% |
| Other amounts receivable | 41 | €1,359 | €1,417 | +€58 | +4.2% |
| Cash at bank and in hand | 54/58 | €719,250 | €895,561 | +€176,312 | +24.5% |
| Deferred charges and accrued income | 490/1 | €644 | €412 | -€233 | -36.1% |
| Total equity and liabilities | 10/49 | €794,012 | €897,444 | +€103,433 | +13.0% |
| Equity | 10/15 | €793,733 | €896,171 | +€102,437 | +12.9% |
| 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 | €607,500 | €607,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,233 | €213,671 | +€102,437 | +92.1% |
| Amounts payable | 17/49 | €278 | €1,274 | +€995 | +358% |
| Amounts payable within one year | 42/48 | €278 | €1,274 | +€995 | +358% |
| Trade debts | 44 | €278 | €1,274 | +€995 | +358% |
| Suppliers | 440/4 | €278 | €1,274 | +€995 | +358% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Operating income | 70/76A | €204,651 | €113,960 | -€90,691 | -44.3% |
| Turnover | 70 | €0 | €60 | +€60 | |
| Other operating income | 74 | €52,151 | €800 | -€51,351 | -98.5% |
| Non-recurring operating income | 76A | €152,500 | €113,100 | -€39,400 | -25.8% |
| Operating charges | 60/66A | €70,925 | €10,694 | -€60,231 | -84.9% |
| Goods for resale, raw materials and consumables | 60 | €14,008 | €0 | -€14,008 | -100% |
| Purchases | 600/8 | €14,008 | €0 | -€14,008 | -100% |
| Services and other goods | 61 | €48,322 | €9,345 | -€38,977 | -80.7% |
| Remuneration, social security and pensions | 62 | €5,381 | -€2,798 | -€8,179 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €376 | €79 | -€297 | -79.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€18,573 | -€18,573 | |
| Other operating charges | 640/8 | €2,013 | €22,642 | +€20,629 | +1,025% |
| Non-recurring operating charges | 66A | €826 | €0 | -€826 | -100% |
| Operating profit (loss) | 9901 | €133,726 | €103,266 | -€30,459 | -22.8% |
| Financial income | 75/76B | €0 | €51 | +€51 | |
| Recurring financial income | 75 | €0 | €51 | +€51 | |
| Other financial income | 752/9 | €0 | €51 | +€51 | |
| Financial charges | 65/66B | €7,300 | €880 | -€6,420 | -87.9% |
| Recurring financial charges | 65 | €7,300 | €880 | -€6,420 | -87.9% |
| Other financial charges | 652/9 | €7,300 | €880 | -€6,420 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | €126,425 | €102,437 | -€23,988 | -19.0% |
| Profit (loss) for the period | 9904 | €126,425 | €102,437 | -€23,988 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €126,425 | €102,437 | -€23,988 | -19.0% |
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.