GROND NTB: 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.
GROND NTB
Largest movements
- Receivables within one year -€48,564
down €48,564 (-61.2%), from €79,408 to €30,844
of which Trade receivables: -€48,722
- Trade debts -€92,987
down €92,987 (-99.5%), from €93,411 to €424
- Profit (loss) carried forward +€44,143
up €44,143 (+8.3%), from -€531,589 to -€487,446
- Gross operating margin +€10,603
up €10,603 (+3.6%), from €293,216 to €303,819
- Other operating charges -€7,680
down €7,680 (-2.9%), from €265,390 to €257,711
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 | €953,636 | €905,793 | -€47,843 | -5.0% |
| Fixed assets | 21/28 | €874,005 | €874,005 | = | 0.0% |
| Tangible fixed assets | 22/27 | €873,905 | €873,905 | = | 0.0% |
| Land and buildings | 22 | €873,905 | €873,905 | = | 0.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €79,631 | €31,787 | -€47,843 | -60.1% |
| Amounts receivable within one year | 40/41 | €79,408 | €30,844 | -€48,564 | -61.2% |
| Trade receivables | 40 | €79,408 | €30,686 | -€48,722 | -61.4% |
| Other amounts receivable | 41 | - | €157 | +€157 | |
| Cash at bank and in hand | 54/58 | €223 | €944 | +€721 | +324% |
| Total equity and liabilities | 10/49 | €953,636 | €905,793 | -€47,843 | -5.0% |
| Equity | 10/15 | €129,911 | €174,054 | +€44,143 | +34.0% |
| Contributions | 10/11 | €661,500 | €661,500 | = | 0.0% |
| Capital | 10 | €661,500 | €661,500 | = | 0.0% |
| Issued capital | 100 | €661,500 | €661,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€531,589 | -€487,446 | +€44,143 | +8.3% |
| Amounts payable | 17/49 | €823,725 | €731,738 | -€91,987 | -11.2% |
| Amounts payable within one year | 42/48 | €823,725 | €731,738 | -€91,987 | -11.2% |
| Trade debts | 44 | €93,411 | €424 | -€92,987 | -99.5% |
| Suppliers | 440/4 | €93,411 | €424 | -€92,987 | -99.5% |
| Other amounts payable | 47/48 | €730,314 | €731,314 | +€1,000 | +0.1% |
| Other operating charges | 640/8 | €265,390 | €257,711 | -€7,680 | -2.9% |
| Gross operating margin | 9900 | €293,216 | €303,819 | +€10,603 | +3.6% |
| Operating profit (loss) | 9901 | €27,826 | €46,108 | +€18,283 | +65.7% |
| Financial income | 75/76B | €470 | - | -€470 | |
| Recurring financial income | 75 | €470 | - | -€470 | |
| Financial charges | 65/66B | €544 | €1,965 | +€1,421 | +261% |
| Recurring financial charges | 65 | €544 | €1,965 | +€1,421 | +261% |
| Profit (loss) for the period before taxes | 9903 | €27,751 | €44,143 | +€16,392 | +59.1% |
| Profit (loss) for the period | 9904 | €27,751 | €44,143 | +€16,392 | +59.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,751 | €44,143 | +€16,392 | +59.1% |
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 16 October 2026 via checked.be.