GRONDWERKEN CEUSTERS GERD: 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 CEUSTERS GERD
Largest movements
- Cash +€5,392
up €5,392 (+2,436%), from €221 to €5,613
mainly Net result for the year (+€6,714) and Receivables within one year (+€4,833)
- Receivables within one year -€4,833
down €4,833 (-5.7%), from €85,025 to €80,192
of which Trade receivables: -€4,850
- Tangible fixed assets -€2,826
down €2,826 (-24.9%), from €11,352 to €8,526
of which Furniture and vehicles: -€2,481
- Reserves +€5,881
up €5,881 (+8.4%), from €69,915 to €75,795
- Debts after one year -€3,356
down €3,356 (-56.1%), from €5,984 to €2,628
- Trade debts -€2,434
down €2,434 (-45.8%), from €5,313 to €2,878
- Tax, wage and social debts -€1,864
down €1,864 (-36.1%), from €5,161 to €3,297
- Gross operating margin +€11,652
up €11,652 (+509%), from €2,290 to €13,942
- Financial charges +€2,957
up €2,957 (+129%), from €2,296 to €5,253
- Taxes +€2,575
up €2,575 (+713%), from €361 to €2,936
- Other operating charges -€1,964
down €1,964 (-91.5%), from €2,148 to €183
- Depreciation +€1,214
up €1,214 (+75.3%), from €1,613 to €2,826
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 | €96,598 | €94,988 | -€1,610 | -1.7% |
| Fixed assets | 21/28 | €11,352 | €8,526 | -€2,826 | -24.9% |
| Tangible fixed assets | 22/27 | €11,352 | €8,526 | -€2,826 | -24.9% |
| Plant, machinery and equipment | 23 | €1,238 | €893 | -€346 | -27.9% |
| Furniture and vehicles | 24 | €10,114 | €7,633 | -€2,481 | -24.5% |
| Current assets | 29/58 | €85,246 | €86,462 | +€1,216 | +1.4% |
| Amounts receivable within one year | 40/41 | €85,025 | €80,192 | -€4,833 | -5.7% |
| Trade receivables | 40 | €4,850 | - | -€4,850 | |
| Other amounts receivable | 41 | €80,175 | €80,192 | +€17 | 0.0% |
| Cash at bank and in hand | 54/58 | €221 | €5,613 | +€5,392 | +2,436% |
| Deferred charges and accrued income | 490/1 | - | €657 | +€657 | |
| Total equity and liabilities | 10/49 | €96,598 | €94,988 | -€1,610 | -1.7% |
| Equity | 10/15 | €76,115 | €81,995 | +€5,881 | +7.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €69,915 | €75,795 | +€5,881 | +8.4% |
| Distributable reserves | 133 | €69,915 | €75,795 | +€5,881 | +8.4% |
| Amounts payable | 17/49 | €20,483 | €12,993 | -€7,490 | -36.6% |
| Amounts payable after more than one year | 17 | €5,984 | €2,628 | -€3,356 | -56.1% |
| Financial debts | 170/4 | €5,984 | €2,628 | -€3,356 | -56.1% |
| Amounts payable within one year | 42/48 | €14,499 | €10,364 | -€4,135 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €3,193 | €3,356 | +€163 | +5.1% |
| Trade debts | 44 | €5,313 | €2,878 | -€2,434 | -45.8% |
| Suppliers | 440/4 | €5,313 | €2,878 | -€2,434 | -45.8% |
| Taxes, remuneration and social security | 45 | €5,161 | €3,297 | -€1,864 | -36.1% |
| Taxes | 450/3 | €5,161 | €3,297 | -€1,864 | -36.1% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Non-recurring operating income | 76A | €14,943 | - | -€14,943 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,613 | €2,826 | +€1,214 | +75.3% |
| Other operating charges | 640/8 | €2,148 | €183 | -€1,964 | -91.5% |
| Gross operating margin | 9900 | €2,290 | €13,942 | +€11,652 | +509% |
| Operating profit (loss) | 9901 | -€1,470 | €10,932 | +€12,402 | |
| Financial income | 75/76B | €4,541 | €3,971 | -€571 | -12.6% |
| Recurring financial income | 75 | €4,541 | €3,971 | -€571 | -12.6% |
| Financial charges | 65/66B | €2,296 | €5,253 | +€2,957 | +129% |
| Recurring financial charges | 65 | €2,296 | €5,253 | +€2,957 | +129% |
| Profit (loss) for the period before taxes | 9903 | €775 | €9,650 | +€8,875 | +1,146% |
| Income taxes | 67/77 | €361 | €2,936 | +€2,575 | +713% |
| Profit (loss) for the period | 9904 | €414 | €6,714 | +€6,300 | +1,523% |
| Profit (loss) for the period to be appropriated | 9905 | €414 | €6,714 | +€6,300 | +1,523% |
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 20 October 2026 via checked.be.