GROESELAEREN: 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.
GROESELAEREN
Largest movements
- Stocks and contracts +€52,283
up €52,283 (+4.2%), from €1.2m to €1.3m
- Cash -€20,564
down €20,564 (-89.5%), from €22,974 to €2,410
mainly Short-term financial debts (-€75,000) and Stocks and contracts (-€52,283)
- Debts after one year +€144,000
up €144,000 (+25.0%), from €575,750 to €719,750
- Short-term financial debts -€75,000
down €75,000 (-10.0%), from €750,000 to €675,000
- Profit (loss) carried forward -€37,282
down €37,282 (-43.4%), from -€85,830 to -€123,112
- Financial charges +€14,482
up €14,482 (+71.2%), from €20,350 to €34,832
- Gross operating margin -€327
down €327 (-35.8%), from -€913 to -€1,240
- Other operating charges +€36
up €36 (+3.1%), from €1,174 to €1,210
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 | €1,270,088 | €1,301,807 | +€31,719 | +2.5% |
| Current assets | 29/58 | €1,270,088 | €1,301,807 | +€31,719 | +2.5% |
| Stocks and contracts in progress | 3 | €1,247,114 | €1,299,397 | +€52,283 | +4.2% |
| Stocks | 30/36 | €1,247,114 | €1,299,397 | +€52,283 | +4.2% |
| Cash at bank and in hand | 54/58 | €22,974 | €2,410 | -€20,564 | -89.5% |
| Total equity and liabilities | 10/49 | €1,270,088 | €1,301,807 | +€31,719 | +2.5% |
| Equity | 10/15 | -€55,830 | -€93,112 | -€37,282 | -66.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,830 | -€123,112 | -€37,282 | -43.4% |
| Amounts payable | 17/49 | €1,325,918 | €1,394,919 | +€69,001 | +5.2% |
| Amounts payable after more than one year | 17 | €575,750 | €719,750 | +€144,000 | +25.0% |
| Financial debts | 170/4 | €575,750 | €719,750 | +€144,000 | +25.0% |
| Amounts payable within one year | 42/48 | €750,168 | €675,169 | -€74,999 | -10.0% |
| Financial debts | 43 | €750,000 | €675,000 | -€75,000 | -10.0% |
| Credit institutions | 430/8 | €750,000 | €675,000 | -€75,000 | -10.0% |
| Trade debts | 44 | €168 | €169 | +€1 | +0.7% |
| Suppliers | 440/4 | €168 | €169 | +€1 | +0.7% |
| Other operating charges | 640/8 | €1,174 | €1,210 | +€36 | +3.1% |
| Gross operating margin | 9900 | -€913 | -€1,240 | -€327 | -35.8% |
| Operating profit (loss) | 9901 | -€2,087 | -€2,450 | -€363 | -17.4% |
| Financial charges | 65/66B | €20,350 | €34,832 | +€14,482 | +71.2% |
| Recurring financial charges | 65 | €20,350 | €34,832 | +€14,482 | +71.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,437 | -€37,282 | -€14,846 | -66.2% |
| Profit (loss) for the period | 9904 | -€22,437 | -€37,282 | -€14,846 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,437 | -€37,282 | -€14,846 | -66.2% |
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 31 October 2026 via checked.be.