GROEP LD: 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 LD
Largest movements
- Tangible fixed assets -€28,925
down €28,925 (-1.5%), from €1.9m to €1.8m
of which Land and buildings: -€25,890
- Debts after one year -€69,248
down €69,248 (-11.2%), from €620,542 to €551,295
- Other debts +€40,703
up €40,703 (+14.6%), from €277,876 to €318,579
- Gross operating margin -€14,288
down €14,288 (-10.7%), from €133,036 to €118,749
- Depreciation +€5,477
up €5,477 (+7.0%), from €77,966 to €83,443
- Financial charges -€3,940
down €3,940 (-12.6%), from €31,250 to €27,310
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 | €1,867,855 | €1,841,411 | -€26,444 | -1.4% |
| Fixed assets | 21/28 | €1,866,444 | €1,837,519 | -€28,925 | -1.5% |
| Tangible fixed assets | 22/27 | €1,866,444 | €1,837,519 | -€28,925 | -1.5% |
| Land and buildings | 22 | €1,840,531 | €1,814,642 | -€25,890 | -1.4% |
| Plant, machinery and equipment | 23 | €25,913 | €22,877 | -€3,036 | -11.7% |
| Current assets | 29/58 | €1,411 | €3,892 | +€2,482 | +175.9% |
| Cash at bank and in hand | 54/58 | €1,411 | €3,892 | +€2,482 | +175.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,867,855 | €1,841,411 | -€26,444 | -1.4% |
| Equity | 10/15 | €867,150 | €854,156 | -€12,994 | -1.5% |
| Contributions | 10/11 | €834,000 | €834,000 | = | 0.0% |
| Reserves | 13 | €56,328 | €56,328 | = | 0.0% |
| Distributable reserves | 133 | €56,328 | €56,328 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,178 | -€36,172 | -€12,994 | -56.1% |
| Amounts payable | 17/49 | €1,000,705 | €987,255 | -€13,450 | -1.3% |
| Amounts payable after more than one year | 17 | €620,542 | €551,295 | -€69,248 | -11.2% |
| Financial debts | 170/4 | €620,542 | €551,295 | -€69,248 | -11.2% |
| Amounts payable within one year | 42/48 | €380,163 | €435,161 | +€54,998 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €93,993 | €101,218 | +€7,225 | +7.7% |
| Trade debts | 44 | €8,293 | €15,363 | +€7,070 | +85.3% |
| Suppliers | 440/4 | €8,293 | €15,363 | +€7,070 | +85.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €277,876 | €318,579 | +€40,703 | +14.6% |
| Accrued charges and deferred income | 492/3 | - | €800 | +€800 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,966 | €83,443 | +€5,477 | +7.0% |
| Other operating charges | 640/8 | €20,186 | €20,818 | +€632 | +3.1% |
| Gross operating margin | 9900 | €133,036 | €118,749 | -€14,288 | -10.7% |
| Operating profit (loss) | 9901 | €34,885 | €14,487 | -€20,397 | -58.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €31,250 | €27,310 | -€3,940 | -12.6% |
| Recurring financial charges | 65 | €31,250 | €27,310 | -€3,940 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €3,634 | -€12,823 | -€16,457 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €3,634 | -€12,823 | -€16,457 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,634 | -€12,823 | -€16,457 |
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.