GROENTEN MANDEVILLE: 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.
GROENTEN MANDEVILLE
Largest movements
- Cash +€146,569
up €146,569 (+456%), from €32,163 to €178,732
mainly Current investments (+€128,000) and Depreciation (+€20,208)
- Current investments -€128,000
down €128,000 (-100%), from €128,000 to €0
- Tangible fixed assets -€20,208
down €20,208 (-67.3%), from €30,023 to €9,815
of which Land and buildings: -€12,900
- Receivables within one year +€2,910
up €2,910 (+64.2%), from €4,534 to €7,444
of which Trade receivables: +€2,537
- Profit (loss) carried forward -€11,678
down €11,678 (-51.4%), from -€22,740 to -€34,418
- Trade debts +€10,268
new in 2025: €10,268
- Other debts +€2,700
up €2,700 (+2.7%), from €101,418 to €104,118
- Gross operating margin +€34,172
up €34,172, from -€27,714 to €6,458
- Financial income -€4,892
down €4,892 (-68.7%), from €7,124 to €2,232
- Depreciation -€1,872
down €1,872 (-8.5%), from €22,080 to €20,208
- Other operating charges -€1,347
down €1,347 (-100%), from €1,347 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.
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 | €195,475 | €196,786 | +€1,311 | +0.7% |
| Fixed assets | 21/28 | €30,395 | €10,187 | -€20,208 | -66.5% |
| Tangible fixed assets | 22/27 | €30,023 | €9,815 | -€20,208 | -67.3% |
| Land and buildings | 22 | €12,900 | €0 | -€12,900 | -100% |
| Plant, machinery and equipment | 23 | €4,143 | €3,315 | -€829 | -20.0% |
| Other tangible fixed assets | 26 | €12,980 | €6,501 | -€6,479 | -49.9% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €165,080 | €186,599 | +€21,519 | +13.0% |
| Amounts receivable within one year | 40/41 | €4,534 | €7,444 | +€2,910 | +64.2% |
| Trade receivables | 40 | €1,188 | €3,725 | +€2,537 | +214% |
| Other amounts receivable | 41 | €3,347 | €3,719 | +€373 | +11.1% |
| Current investments | 50/53 | €128,000 | €0 | -€128,000 | -100% |
| Cash at bank and in hand | 54/58 | €32,163 | €178,732 | +€146,569 | +456% |
| Deferred charges and accrued income | 490/1 | €382 | €423 | +€41 | +10.6% |
| Total equity and liabilities | 10/49 | €195,475 | €196,786 | +€1,311 | +0.7% |
| Equity | 10/15 | €93,981 | €82,303 | -€11,678 | -12.4% |
| Contributions | 10/11 | €28,111 | €28,111 | = | 0.0% |
| Reserves | 13 | €88,610 | €88,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €51,720 | €0 | -€51,720 | -100% |
| Reserves not available under the articles | 1311 | €51,720 | €0 | -€51,720 | -100% |
| Tax-exempt reserves | 132 | €7,232 | €7,232 | = | 0.0% |
| Distributable reserves | 133 | €29,658 | €81,378 | +€51,720 | +174% |
| Profit (loss) carried forward | 14 | -€22,740 | -€34,418 | -€11,678 | -51.4% |
| Amounts payable | 17/49 | €101,494 | €114,483 | +€12,990 | +12.8% |
| Amounts payable within one year | 42/48 | €101,494 | €114,483 | +€12,990 | +12.8% |
| Trade debts | 44 | - | €10,268 | +€10,268 | |
| Suppliers | 440/4 | - | €10,268 | +€10,268 | |
| Taxes, remuneration and social security | 45 | €76 | €98 | +€22 | +29.2% |
| Taxes | 450/3 | €76 | €98 | +€22 | +29.2% |
| Other amounts payable | 47/48 | €101,418 | €104,118 | +€2,700 | +2.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,080 | €20,208 | -€1,872 | -8.5% |
| Other operating charges | 640/8 | €1,347 | €0 | -€1,347 | -100% |
| Gross operating margin | 9900 | -€27,714 | €6,458 | +€34,172 | |
| Operating profit (loss) | 9901 | -€51,141 | -€13,750 | +€37,391 | +73.1% |
| Financial income | 75/76B | €7,124 | €2,232 | -€4,892 | -68.7% |
| Recurring financial income | 75 | €7,124 | €2,232 | -€4,892 | -68.7% |
| Financial charges | 65/66B | €105 | €160 | +€55 | +52.2% |
| Recurring financial charges | 65 | €105 | €160 | +€55 | +52.2% |
| Profit (loss) for the period before taxes | 9903 | -€44,123 | -€11,678 | +€32,444 | +73.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€44,123 | -€11,678 | +€32,444 | +73.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,123 | -€11,678 | +€32,444 | +73.5% |
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 29 October 2026 via checked.be.