GROEP P.V.: 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.
GROEP P.V.
Largest movements
- Tangible fixed assets -€76,876
down €76,876 (-8.1%), from €947,470 to €870,594
of which Land and buildings: -€66,328
- Cash +€14,697
up €14,697 (+53.0%), from €27,720 to €42,417
mainly Depreciation (+€80,228) and Trade debts (+€1,682)
- Debts after one year -€25,669
down €25,669 (-10.7%), from €239,972 to €214,303
- Other debts -€14,156
down €14,156 (-4.3%), from €331,200 to €317,044
- Reserves -€14,141
down €14,141 (-13.7%), from €103,393 to €89,252
of which Tax-exempt reserves: -€15,000
- Gross operating margin +€1,791
up €1,791 (+2.1%), from €87,083 to €88,874
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 | €975,190 | €913,011 | -€62,179 | -6.4% |
| Fixed assets | 21/28 | €947,470 | €870,594 | -€76,876 | -8.1% |
| Tangible fixed assets | 22/27 | €947,470 | €870,594 | -€76,876 | -8.1% |
| Land and buildings | 22 | €927,867 | €861,540 | -€66,328 | -7.1% |
| Furniture and vehicles | 24 | €19,603 | €9,054 | -€10,548 | -53.8% |
| Current assets | 29/58 | €27,720 | €42,417 | +€14,697 | +53.0% |
| Cash at bank and in hand | 54/58 | €27,720 | €42,417 | +€14,697 | +53.0% |
| Total equity and liabilities | 10/49 | €975,190 | €913,011 | -€62,179 | -6.4% |
| Equity | 10/15 | €353,393 | €339,252 | -€14,141 | -4.0% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €103,393 | €89,252 | -€14,141 | -13.7% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,436 | €9,436 | -€15,000 | -61.4% |
| Distributable reserves | 133 | €53,957 | €54,815 | +€859 | +1.6% |
| Provisions and deferred taxes | 16 | €7,250 | €2,250 | -€5,000 | -69.0% |
| Deferred taxes | 168 | €7,250 | €2,250 | -€5,000 | -69.0% |
| Amounts payable | 17/49 | €614,547 | €571,509 | -€43,038 | -7.0% |
| Amounts payable after more than one year | 17 | €239,972 | €214,303 | -€25,669 | -10.7% |
| Financial debts | 170/4 | €239,972 | €214,303 | -€25,669 | -10.7% |
| Amounts payable within one year | 42/48 | €369,048 | €350,652 | -€18,396 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €31,758 | €25,669 | -€6,089 | -19.2% |
| Trade debts | 44 | €1,034 | €2,717 | +€1,682 | +163% |
| Suppliers | 440/4 | €1,034 | €2,717 | +€1,682 | +163% |
| Taxes, remuneration and social security | 45 | €5,055 | €5,222 | +€167 | +3.3% |
| Taxes | 450/3 | €5,055 | €5,222 | +€167 | +3.3% |
| Other amounts payable | 47/48 | €331,200 | €317,044 | -€14,156 | -4.3% |
| Accrued charges and deferred income | 492/3 | €5,527 | €6,554 | +€1,027 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,462 | €80,228 | +€766 | +1.0% |
| Other operating charges | 640/8 | €6,070 | €6,258 | +€189 | +3.1% |
| Gross operating margin | 9900 | €87,083 | €88,874 | +€1,791 | +2.1% |
| Operating profit (loss) | 9901 | €1,551 | €2,388 | +€837 | +54.0% |
| Financial charges | 65/66B | €21,633 | €20,807 | -€826 | -3.8% |
| Recurring financial charges | 65 | €21,633 | €20,807 | -€826 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,082 | -€18,419 | +€1,663 | +8.3% |
| Transfer from deferred taxes | 780 | €5,250 | €5,000 | -€250 | -4.8% |
| Income taxes | 67/77 | €555 | €722 | +€167 | +30.1% |
| Profit (loss) for the period | 9904 | -€15,388 | -€14,141 | +€1,246 | +8.1% |
| Transfer from tax-exempt reserves | 789 | €15,750 | €15,000 | -€750 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €362 | €859 | +€496 | +137% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.