Groep Grust: 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.
Groep Grust
Largest movements
- Receivables within one year -€12,161
down €12,161 (-67.9%), from €17,917 to €5,756
- Cash -€4,453
down €4,453 (-24.2%), from €18,423 to €13,970
mainly Debts after one year (-€10,399) and Tax, wage and social debts (-€6,133)
- Tangible fixed assets -€972
no longer reported in 2025 (was €972)
- Deferred charges and accrued income -€897
down €897 (-89.0%), from €1,008 to €111
- Debts after one year -€10,399
down €10,399 (-83.2%), from €12,500 to €2,101
- Tax, wage and social debts -€6,133
down €6,133 (-50.0%), from €12,273 to €6,140
of which Taxes: -€4,851
- Trade debts -€2,806
down €2,806 (-43.9%), from €6,385 to €3,579
- Reserves +€1,508
up €1,508 (+122.4%), from €1,232 to €2,740
- Accrued charges and deferred income -€652
down €652 (-80.7%), from €808 to €156
- Gross operating margin -€58,472
down €58,472 (-53.6%), from €108,997 to €50,526
- Staff costs -€25,815
down €25,815 (-35.5%), from €72,650 to €46,836
- Taxes +€1,477
up €1,477 (+738.5%), from €200 to €1,677
- Depreciation -€1,274
no longer reported in 2025 (was €1,274)
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 | €38,399 | €19,916 | -€18,482 | -48.1% |
| Fixed assets | 21/28 | €1,051 | €79 | -€972 | -92.5% |
| Tangible fixed assets | 22/27 | €972 | - | -€972 | |
| Furniture and vehicles | 24 | €972 | - | -€972 | |
| Financial fixed assets | 28 | €79 | €79 | = | 0.0% |
| Current assets | 29/58 | €37,348 | €19,837 | -€17,511 | -46.9% |
| Amounts receivable within one year | 40/41 | €17,917 | €5,756 | -€12,161 | -67.9% |
| Trade receivables | 40 | €17,917 | €5,756 | -€12,161 | -67.9% |
| Cash at bank and in hand | 54/58 | €18,423 | €13,970 | -€4,453 | -24.2% |
| Deferred charges and accrued income | 490/1 | €1,008 | €111 | -€897 | -89.0% |
| Total equity and liabilities | 10/49 | €38,399 | €19,916 | -€18,482 | -48.1% |
| Equity | 10/15 | €6,432 | €7,940 | +€1,508 | +23.4% |
| Contributions | 10/11 | €5,200 | €5,200 | = | 0.0% |
| Reserves | 13 | €1,232 | €2,740 | +€1,508 | +122.4% |
| Distributable reserves | 133 | €1,232 | €2,740 | +€1,508 | +122.4% |
| Amounts payable | 17/49 | €31,966 | €11,976 | -€19,991 | -62.5% |
| Amounts payable after more than one year | 17 | €12,500 | €2,101 | -€10,399 | -83.2% |
| Other amounts payable | 178/9 | €12,500 | €2,101 | -€10,399 | -83.2% |
| Amounts payable within one year | 42/48 | €18,658 | €9,719 | -€8,939 | -47.9% |
| Trade debts | 44 | €6,385 | €3,579 | -€2,806 | -43.9% |
| Suppliers | 440/4 | €6,385 | €3,579 | -€2,806 | -43.9% |
| Taxes, remuneration and social security | 45 | €12,273 | €6,140 | -€6,133 | -50.0% |
| Taxes | 450/3 | €10,991 | €6,140 | -€4,851 | -44.1% |
| Remuneration and social security | 454/9 | €1,282 | - | -€1,282 | |
| Accrued charges and deferred income | 492/3 | €808 | €156 | -€652 | -80.7% |
| Non-recurring operating income | 76A | - | €912 | +€912 | |
| Remuneration, social security and pensions | 62 | €72,650 | €46,836 | -€25,815 | -35.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,274 | - | -€1,274 | |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Non-recurring operating charges | 66A | €40,000 | €232 | -€39,768 | -99.4% |
| Gross operating margin | 9900 | €108,997 | €50,526 | -€58,472 | -53.6% |
| Operating profit (loss) | 9901 | -€5,053 | €3,330 | +€8,383 | |
| Financial income | 75/76B | €77 | €14 | -€62 | -81.4% |
| Recurring financial income | 75 | €77 | €14 | -€62 | -81.4% |
| Financial charges | 65/66B | €168 | €159 | -€9 | -5.2% |
| Recurring financial charges | 65 | €168 | €159 | -€9 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,144 | €3,185 | +€8,330 | |
| Income taxes | 67/77 | €200 | €1,677 | +€1,477 | +738.5% |
| Profit (loss) for the period | 9904 | -€5,344 | €1,508 | +€6,853 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,344 | €1,508 | +€6,853 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.