GRONDWEB.BE: 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.
GRONDWEB.BE
Largest movements
- Stocks and contracts +€99,315
up €99,315 (+47.7%), from €208,202 to €307,516
- Receivables within one year -€22,955
down €22,955 (-25.6%), from €89,611 to €66,655
of which Other amounts receivable: -€25,000
- Short-term financial debts +€61,000
up €61,000 (+40.4%), from €151,000 to €212,000
- Other debts +€7,000
new in 2025: €7,000
- Gross operating margin +€28,878
up €28,878, from -€9,173 to €19,704
- Financial income -€19,805
no longer reported in 2025 (was €19,805)
- Other operating charges -€7,402
down €7,402 (-89.8%), from €8,246 to €843
- Financial charges +€2,388
up €2,388 (+19.3%), from €12,352 to €14,740
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.
Cash bridge derived
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 | €472,318 | €547,593 | +€75,275 | +15.9% |
| Fixed assets | 21/28 | €160,428 | €160,428 | = | 0.0% |
| Intangible fixed assets | 21 | €60,428 | €60,428 | = | 0.0% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €311,890 | €387,165 | +€75,275 | +24.1% |
| Stocks and contracts in progress | 3 | €208,202 | €307,516 | +€99,315 | +47.7% |
| Stocks | 30/36 | €208,202 | €307,516 | +€99,315 | +47.7% |
| Amounts receivable within one year | 40/41 | €89,611 | €66,655 | -€22,955 | -25.6% |
| Trade receivables | 40 | €8,361 | €10,405 | +€2,045 | +24.5% |
| Other amounts receivable | 41 | €81,250 | €56,250 | -€25,000 | -30.8% |
| Cash at bank and in hand | 54/58 | €7,981 | €6,898 | -€1,084 | -13.6% |
| Deferred charges and accrued income | 490/1 | €6,096 | €6,096 | = | 0.0% |
| Total equity and liabilities | 10/49 | €472,318 | €547,593 | +€75,275 | +15.9% |
| Equity | 10/15 | €305,574 | €309,695 | +€4,121 | +1.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Uncalled capital | 101 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €105,574 | €109,695 | +€4,121 | +3.9% |
| Non-distributable reserves | 130/1 | €6,008 | €6,008 | = | 0.0% |
| Legal reserve | 130 | €6,008 | €6,008 | = | 0.0% |
| Distributable reserves | 133 | €99,566 | €103,687 | +€4,121 | +4.1% |
| Amounts payable | 17/49 | €166,744 | €237,899 | +€71,154 | +42.7% |
| Amounts payable within one year | 42/48 | €166,744 | €237,899 | +€71,154 | +42.7% |
| Financial debts | 43 | €151,000 | €212,000 | +€61,000 | +40.4% |
| Other loans | 439 | €151,000 | €212,000 | +€61,000 | +40.4% |
| Trade debts | 44 | €15,744 | €18,899 | +€3,154 | +20.0% |
| Suppliers | 440/4 | €15,744 | €18,899 | +€3,154 | +20.0% |
| Other amounts payable | 47/48 | - | €7,000 | +€7,000 | |
| Other operating charges | 640/8 | €8,246 | €843 | -€7,402 | -89.8% |
| Gross operating margin | 9900 | -€9,173 | €19,704 | +€28,878 | |
| Operating profit (loss) | 9901 | -€17,419 | €18,861 | +€36,280 | |
| Financial income | 75/76B | €19,805 | - | -€19,805 | |
| Recurring financial income | 75 | €19,805 | - | -€19,805 | |
| Financial charges | 65/66B | €12,352 | €14,740 | +€2,388 | +19.3% |
| Recurring financial charges | 65 | €12,352 | €14,740 | +€2,388 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,966 | €4,121 | +€14,087 | |
| Profit (loss) for the period | 9904 | -€9,966 | €4,121 | +€14,087 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,966 | €4,121 | +€14,087 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.