GROEP T: 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 T
Largest movements
- Receivables within one year -€12,653
down €12,653 (-87.8%), from €14,416 to €1,763
of which Other amounts receivable: -€12,416
- Cash +€2,589
up €2,589 (+152.2%), from €1,701 to €4,289
mainly Receivables within one year (+€12,653) and Depreciation (+€775)
- Tangible fixed assets -€264
no longer reported in 2024 (was €264)
- Profit (loss) carried forward -€3,112
down €3,112 (-2.8%), from -€111,818 to -€114,930
- Other debts -€3,017
down €3,017 (-6.6%), from €45,579 to €42,562
- Accrued charges and deferred income -€2,280
no longer reported in 2024 (was €2,280)
- Trade debts -€1,356
down €1,356 (-52.0%), from €2,608 to €1,252
- Tax, wage and social debts -€604
no longer reported in 2024 (was €604)
- Gross operating margin +€2,994
up €2,994 (+72.0%), from -€4,161 to -€1,167
- Other operating charges -€1,732
down €1,732 (-79.7%), from €2,172 to €440
- Taxes -€604
no longer reported in 2024 (was €604)
- Depreciation -€531
down €531 (-40.7%), from €1,305 to €775
- Staff costs +€181
up €181 (+42.0%), from €430 to €611
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,421 | €6,052 | -€10,369 | -63.1% |
| Fixed assets | 21/28 | €264 | - | -€264 | |
| Tangible fixed assets | 22/27 | €264 | - | -€264 | |
| Furniture and vehicles | 24 | €264 | - | -€264 | |
| Current assets | 29/58 | €16,157 | €6,052 | -€10,105 | -62.5% |
| Amounts receivable within one year | 40/41 | €14,416 | €1,763 | -€12,653 | -87.8% |
| Trade receivables | 40 | €2,000 | €1,763 | -€237 | -11.9% |
| Other amounts receivable | 41 | €12,416 | - | -€12,416 | |
| Cash at bank and in hand | 54/58 | €1,701 | €4,289 | +€2,589 | +152.2% |
| Deferred charges and accrued income | 490/1 | €40 | - | -€40 | |
| Total equity and liabilities | 10/49 | €16,421 | €6,052 | -€10,369 | -63.1% |
| Equity | 10/15 | -€34,650 | -€37,762 | -€3,112 | -9.0% |
| Contributions | 10/11 | €72,100 | €72,100 | = | 0.0% |
| Capital | 10 | €72,100 | €72,100 | = | 0.0% |
| Issued capital | 100 | €72,100 | €72,100 | = | 0.0% |
| Reserves | 13 | €5,068 | €5,068 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,068 | €5,068 | = | 0.0% |
| Legal reserve | 130 | €5,068 | €5,068 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,818 | -€114,930 | -€3,112 | -2.8% |
| Amounts payable | 17/49 | €51,071 | €43,814 | -€7,257 | -14.2% |
| Amounts payable within one year | 42/48 | €48,791 | €43,814 | -€4,977 | -10.2% |
| Trade debts | 44 | €2,608 | €1,252 | -€1,356 | -52.0% |
| Suppliers | 440/4 | €2,608 | €1,252 | -€1,356 | -52.0% |
| Taxes, remuneration and social security | 45 | €604 | - | -€604 | |
| Taxes | 450/3 | €604 | - | -€604 | |
| Other amounts payable | 47/48 | €45,579 | €42,562 | -€3,017 | -6.6% |
| Accrued charges and deferred income | 492/3 | €2,280 | - | -€2,280 | |
| Remuneration, social security and pensions | 62 | €430 | €611 | +€181 | +42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,305 | €775 | -€531 | -40.7% |
| Other operating charges | 640/8 | €2,172 | €440 | -€1,732 | -79.7% |
| Gross operating margin | 9900 | -€4,161 | -€1,167 | +€2,994 | +72.0% |
| Operating profit (loss) | 9901 | -€8,068 | -€2,992 | +€5,076 | +62.9% |
| Financial income | 75/76B | €2 | €8 | +€6 | +284.9% |
| Recurring financial income | 75 | €2 | €8 | +€6 | +284.9% |
| Financial charges | 65/66B | €104 | €128 | +€24 | +22.9% |
| Recurring financial charges | 65 | €104 | €128 | +€24 | +22.9% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€8,170 | -€3,112 | +€5,059 | +61.9% |
| Income taxes | 67/77 | €604 | - | -€604 | |
| Profit (loss) for the period | 9904 | -€8,775 | -€3,112 | +€5,663 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,775 | -€3,112 | +€5,663 | +64.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.