Groenveld: 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.
Groenveld
Largest movements
- Receivables within one year -€41,292
down €41,292 (-59.7%), from €69,220 to €27,927
of which Trade receivables: -€44,004
- Cash +€4,355
up €4,355 (+174%), from €2,496 to €6,851
mainly Receivables within one year (+€41,292) and Other debts (+€23,429)
- Tangible fixed assets +€3,241
up €3,241 (+46.9%), from €6,907 to €10,147
of which Land and buildings: +€5,410
- Trade debts -€58,516
down €58,516 (-99.7%), from €58,713 to €196
- Other debts +€23,429
up €23,429 (+1,488%), from €1,574 to €25,003
- Tax, wage and social debts -€4,258
down €4,258 (-60.3%), from €7,057 to €2,799
- Reserves +€3,519
new in 2025: €3,519
- Profit (loss) carried forward +€1,824
up €1,824, from -€1,824 to €0
- Gross operating margin -€7,512
down €7,512 (-34.9%), from €21,503 to €13,991
- Other operating charges +€1,443
up €1,443 (+134%), from €1,073 to €2,516
- Write-downs +€657
new in 2025: €657
- Depreciation +€437
up €437 (+13.0%), from €3,362 to €3,799
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 | €84,112 | €50,110 | -€34,002 | -40.4% |
| Fixed assets | 21/28 | €6,907 | €10,147 | +€3,241 | +46.9% |
| Tangible fixed assets | 22/27 | €6,907 | €10,147 | +€3,241 | +46.9% |
| Land and buildings | 22 | €901 | €6,311 | +€5,410 | +601% |
| Plant, machinery and equipment | 23 | €6,006 | €3,836 | -€2,169 | -36.1% |
| Current assets | 29/58 | €77,205 | €39,963 | -€37,242 | -48.2% |
| Stocks and contracts in progress | 3 | €5,262 | €4,822 | -€440 | -8.4% |
| Stocks | 30/36 | €5,262 | €4,822 | -€440 | -8.4% |
| Amounts receivable within one year | 40/41 | €69,220 | €27,927 | -€41,292 | -59.7% |
| Trade receivables | 40 | €67,247 | €23,243 | -€44,004 | -65.4% |
| Other amounts receivable | 41 | €1,973 | €4,684 | +€2,711 | +137% |
| Cash at bank and in hand | 54/58 | €2,496 | €6,851 | +€4,355 | +174% |
| Deferred charges and accrued income | 490/1 | €227 | €362 | +€135 | +59.5% |
| Total equity and liabilities | 10/49 | €84,112 | €50,110 | -€34,002 | -40.4% |
| Equity | 10/15 | €16,768 | €22,111 | +€5,343 | +31.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | - | €3,519 | +€3,519 | |
| Distributable reserves | 133 | - | €3,519 | +€3,519 | |
| Profit (loss) carried forward | 14 | -€1,824 | €0 | +€1,824 | |
| Amounts payable | 17/49 | €67,344 | €27,999 | -€39,345 | -58.4% |
| Amounts payable within one year | 42/48 | €67,344 | €27,999 | -€39,345 | -58.4% |
| Trade debts | 44 | €58,713 | €196 | -€58,516 | -99.7% |
| Suppliers | 440/4 | €58,713 | €196 | -€58,516 | -99.7% |
| Taxes, remuneration and social security | 45 | €7,057 | €2,799 | -€4,258 | -60.3% |
| Taxes | 450/3 | €7,057 | €2,799 | -€4,258 | -60.3% |
| Other amounts payable | 47/48 | €1,574 | €25,003 | +€23,429 | +1,488% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,362 | €3,799 | +€437 | +13.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €657 | +€657 | |
| Other operating charges | 640/8 | €1,073 | €2,516 | +€1,443 | +134% |
| Gross operating margin | 9900 | €21,503 | €13,991 | -€7,512 | -34.9% |
| Operating profit (loss) | 9901 | €17,068 | €7,019 | -€10,048 | -58.9% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €40 | €99 | +€59 | +149% |
| Recurring financial charges | 65 | €40 | €99 | +€59 | +149% |
| Profit (loss) for the period before taxes | 9903 | €17,028 | €6,923 | -€10,105 | -59.3% |
| Income taxes | 67/77 | €1,525 | €1,580 | +€55 | +3.6% |
| Profit (loss) for the period | 9904 | €15,503 | €5,343 | -€10,160 | -65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,503 | €5,343 | -€10,160 | -65.5% |
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 17 October 2026 via checked.be.