GROENSTAD: 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.
GROENSTAD
Largest movements
- Tangible fixed assets -€14,256
down €14,256 (-3.8%), from €375,207 to €360,951
- Debts after one year -€7,966
down €7,966 (-70.4%), from €11,321 to €3,355
- Gross operating margin +€7,702
up €7,702 (+106.6%), from €7,225 to €14,927
- Depreciation -€238
down €238 (-1.6%), from €14,494 to €14,256
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 | €377,861 | €367,306 | -€10,556 | -2.8% |
| Fixed assets | 21/28 | €375,207 | €360,951 | -€14,256 | -3.8% |
| Tangible fixed assets | 22/27 | €375,207 | €360,951 | -€14,256 | -3.8% |
| Land and buildings | 22 | €375,207 | €360,951 | -€14,256 | -3.8% |
| Current assets | 29/58 | €2,654 | €6,355 | +€3,701 | +139.4% |
| Cash at bank and in hand | 54/58 | €2,654 | €4,473 | +€1,819 | +68.5% |
| Deferred charges and accrued income | 490/1 | - | €1,882 | +€1,882 | |
| Total equity and liabilities | 10/49 | €377,861 | €367,306 | -€10,556 | -2.8% |
| Equity | 10/15 | -€2,994 | -€4,528 | -€1,534 | -51.2% |
| Contributions | 10/11 | €348,987 | €348,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€351,981 | -€353,515 | -€1,534 | -0.4% |
| Amounts payable | 17/49 | €380,855 | €371,834 | -€9,021 | -2.4% |
| Amounts payable after more than one year | 17 | €11,321 | €3,355 | -€7,966 | -70.4% |
| Financial debts | 170/4 | €11,321 | €3,355 | -€7,966 | -70.4% |
| Amounts payable within one year | 42/48 | €368,814 | €367,679 | -€1,134 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €7,847 | €7,966 | +€119 | +1.5% |
| Trade debts | 44 | €907 | €1,197 | +€289 | +31.9% |
| Suppliers | 440/4 | €907 | €1,197 | +€289 | +31.9% |
| Other amounts payable | 47/48 | €360,059 | €358,517 | -€1,542 | -0.4% |
| Accrued charges and deferred income | 492/3 | €721 | €800 | +€79 | +11.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,494 | €14,256 | -€238 | -1.6% |
| Other operating charges | 640/8 | €1,838 | €1,919 | +€81 | +4.4% |
| Gross operating margin | 9900 | €7,225 | €14,927 | +€7,702 | +106.6% |
| Operating profit (loss) | 9901 | -€9,108 | -€1,248 | +€7,860 | +86.3% |
| Financial income | 75/76B | €38 | €2 | -€36 | -96.0% |
| Recurring financial income | 75 | €38 | €2 | -€36 | -96.0% |
| Financial charges | 65/66B | €435 | €288 | -€147 | -33.8% |
| Recurring financial charges | 65 | €435 | €288 | -€147 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,504 | -€1,534 | +€7,970 | +83.9% |
| Profit (loss) for the period | 9904 | -€9,504 | -€1,534 | +€7,970 | +83.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,504 | -€1,534 | +€7,970 | +83.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.