Grondbeheer Holding: 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.
Grondbeheer Holding
Largest movements
- Receivables within one year +€13,812
up €13,812 (+108%), from €12,830 to €26,642
of which Trade receivables: +€12,000
- Cash +€1,339
up €1,339 (+4.6%), from €29,321 to €30,661
mainly Net result for the year (+€7,950) and Trade debts (+€3,447)
- Profit (loss) carried forward +€7,950
up €7,950 (+23.2%), from €34,335 to €42,285
- Trade debts +€3,447
up €3,447 (+36.7%), from €9,400 to €12,847
- Tax, wage and social debts +€2,955
up €2,955, from €0 to €2,955
- Accrued charges and deferred income +€799
up €799 (+90.0%), from €888 to €1,688
- Gross operating margin +€10,936
up €10,936 (+650%), from €1,684 to €12,620
- Taxes +€2,974
up €2,974, from €0 to €2,974
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 | €62,152 | €77,303 | +€15,151 | +24.4% |
| Fixed assets | 21/28 | €20,000 | €20,000 | = | 0.0% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €42,152 | €57,303 | +€15,151 | +35.9% |
| Amounts receivable within one year | 40/41 | €12,830 | €26,642 | +€13,812 | +108% |
| Trade receivables | 40 | €12,000 | €24,000 | +€12,000 | +100% |
| Other amounts receivable | 41 | €830 | €2,642 | +€1,812 | +218% |
| Cash at bank and in hand | 54/58 | €29,321 | €30,661 | +€1,339 | +4.6% |
| Total equity and liabilities | 10/49 | €62,152 | €77,303 | +€15,151 | +24.4% |
| Equity | 10/15 | €40,571 | €48,522 | +€7,950 | +19.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36 | €36 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €36 | €36 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,335 | €42,285 | +€7,950 | +23.2% |
| Amounts payable | 17/49 | €21,580 | €28,781 | +€7,201 | +33.4% |
| Amounts payable within one year | 42/48 | €20,692 | €27,093 | +€6,401 | +30.9% |
| Trade debts | 44 | €9,400 | €12,847 | +€3,447 | +36.7% |
| Suppliers | 440/4 | €9,400 | €12,847 | +€3,447 | +36.7% |
| Taxes, remuneration and social security | 45 | €0 | €2,955 | +€2,955 | |
| Taxes | 450/3 | €0 | €2,955 | +€2,955 | |
| Other amounts payable | 47/48 | €11,292 | €11,292 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €888 | €1,688 | +€799 | +90.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €590 | €607 | +€17 | +2.9% |
| Gross operating margin | 9900 | €1,684 | €12,620 | +€10,936 | +650% |
| Operating profit (loss) | 9901 | €1,093 | €12,012 | +€10,919 | +999% |
| Financial charges | 65/66B | €1,023 | €1,088 | +€65 | +6.4% |
| Recurring financial charges | 65 | €1,023 | €1,088 | +€65 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €70 | €10,924 | +€10,854 | +15,544% |
| Income taxes | 67/77 | €0 | €2,974 | +€2,974 | |
| Profit (loss) for the period | 9904 | €70 | €7,950 | +€7,880 | +11,285% |
| Profit (loss) for the period to be appropriated | 9905 | €70 | €7,950 | +€7,880 | +11,285% |
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 30 October 2026 via checked.be.