GRONDWERKEN BDB: 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.
GRONDWERKEN BDB
Largest movements
- Receivables within one year -€14,878
down €14,878 (-62.9%), from €23,638 to €8,760
of which Other amounts receivable: -€14,710
- Cash +€3,566
up €3,566 (+96.1%), from €3,713 to €7,279
mainly Receivables within one year (+€14,878) and Tax, wage and social debts (+€3,075)
- Tangible fixed assets -€1,057
down €1,057 (-30.7%), from €3,442 to €2,385
- Reserves -€15,800
down €15,800 (-64.5%), from €24,500 to €8,700
- Tax, wage and social debts +€3,075
up €3,075 (+793%), from €388 to €3,462
- Other debts +€728
new in 2025: €728
- Trade debts -€378
down €378 (-15.7%), from €2,405 to €2,027
- Gross operating margin -€19,916
down €19,916 (-79.7%), from €24,980 to €5,064
- Taxes -€3,734
down €3,734 (-84.5%), from €4,420 to €686
- Depreciation -€3,251
down €3,251 (-75.5%), from €4,308 to €1,057
- Financial income -€773
down €773 (-99.7%), from €776 to €3
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 | €31,292 | €18,923 | -€12,369 | -39.5% |
| Fixed assets | 21/28 | €3,442 | €2,385 | -€1,057 | -30.7% |
| Tangible fixed assets | 22/27 | €3,442 | €2,385 | -€1,057 | -30.7% |
| Plant, machinery and equipment | 23 | €3,442 | €2,385 | -€1,057 | -30.7% |
| Current assets | 29/58 | €27,851 | €16,539 | -€11,312 | -40.6% |
| Amounts receivable within one year | 40/41 | €23,638 | €8,760 | -€14,878 | -62.9% |
| Trade receivables | 40 | €7,590 | €7,422 | -€168 | -2.2% |
| Other amounts receivable | 41 | €16,048 | €1,338 | -€14,710 | -91.7% |
| Cash at bank and in hand | 54/58 | €3,713 | €7,279 | +€3,566 | +96.1% |
| Deferred charges and accrued income | 490/1 | €500 | €500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €31,292 | €18,923 | -€12,369 | -39.5% |
| Equity | 10/15 | €28,500 | €12,700 | -€15,800 | -55.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €24,500 | €8,700 | -€15,800 | -64.5% |
| Distributable reserves | 133 | €24,500 | €8,700 | -€15,800 | -64.5% |
| Amounts payable | 17/49 | €2,792 | €6,223 | +€3,431 | +123% |
| Amounts payable within one year | 42/48 | €2,792 | €6,223 | +€3,431 | +123% |
| Financial debts | 43 | - | €7 | +€7 | |
| Credit institutions | 430/8 | - | €7 | +€7 | |
| Trade debts | 44 | €2,405 | €2,027 | -€378 | -15.7% |
| Suppliers | 440/4 | €2,405 | €2,027 | -€378 | -15.7% |
| Taxes, remuneration and social security | 45 | €388 | €3,462 | +€3,075 | +793% |
| Taxes | 450/3 | €388 | €3,462 | +€3,075 | +793% |
| Other amounts payable | 47/48 | - | €728 | +€728 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,308 | €1,057 | -€3,251 | -75.5% |
| Other operating charges | 640/8 | €493 | €625 | +€132 | +26.7% |
| Gross operating margin | 9900 | €24,980 | €5,064 | -€19,916 | -79.7% |
| Operating profit (loss) | 9901 | €20,178 | €3,382 | -€16,797 | -83.2% |
| Financial income | 75/76B | €776 | €3 | -€773 | -99.7% |
| Recurring financial income | 75 | €776 | €3 | -€773 | -99.7% |
| Financial charges | 65/66B | €534 | €498 | -€35 | -6.6% |
| Recurring financial charges | 65 | €534 | €498 | -€35 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €20,420 | €2,886 | -€17,534 | -85.9% |
| Income taxes | 67/77 | €4,420 | €686 | -€3,734 | -84.5% |
| Profit (loss) for the period | 9904 | €16,000 | €2,200 | -€13,800 | -86.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,000 | €2,200 | -€13,800 | -86.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.