GROOT EILAND 34: 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.
GROOT EILAND 34
Largest movements
- Tangible fixed assets -€22,825
down €22,825 (-4.1%), from €555,357 to €532,533
- Cash +€10,898
up €10,898 (+21.4%), from €50,933 to €61,832
mainly Depreciation (+€44,508) and Trade debts (+€11,015)
- Profit (loss) carried forward -€25,115
down €25,115 (-4.7%), from €533,417 to €508,302
- Trade debts +€11,015
up €11,015 (+550%), from €2,002 to €13,017
- Gross operating margin -€21,486
down €21,486 (-51.9%), from €41,404 to €19,918
- Depreciation +€1,708
up €1,708 (+4.0%), from €42,800 to €44,508
- Other operating charges +€706
up €706 (+24.4%), from €2,894 to €3,601
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €727,394 | €715,190 | -€12,204 | -1.7% |
| Fixed assets | 21/28 | €555,357 | €532,533 | -€22,825 | -4.1% |
| Tangible fixed assets | 22/27 | €555,357 | €532,533 | -€22,825 | -4.1% |
| Land and buildings | 22 | €555,357 | €532,533 | -€22,825 | -4.1% |
| Current assets | 29/58 | €172,037 | €182,657 | +€10,620 | +6.2% |
| Amounts receivable within one year | 40/41 | €121,104 | €120,826 | -€278 | -0.2% |
| Trade receivables | 40 | - | €826 | +€826 | |
| Other amounts receivable | 41 | €121,104 | €120,000 | -€1,104 | -0.9% |
| Cash at bank and in hand | 54/58 | €50,933 | €61,832 | +€10,898 | +21.4% |
| Total equity and liabilities | 10/49 | €727,394 | €715,190 | -€12,204 | -1.7% |
| Equity | 10/15 | €560,186 | €535,071 | -€25,115 | -4.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,769 | €1,769 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,769 | €1,769 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,769 | €1,769 | = | 0.0% |
| Profit (loss) carried forward | 14 | €533,417 | €508,302 | -€25,115 | -4.7% |
| Amounts payable | 17/49 | €167,208 | €180,119 | +€12,910 | +7.7% |
| Amounts payable after more than one year | 17 | €10,745 | €10,745 | = | 0.0% |
| Other amounts payable | 178/9 | €10,745 | €10,745 | = | 0.0% |
| Amounts payable within one year | 42/48 | €155,668 | €169,374 | +€13,705 | +8.8% |
| Trade debts | 44 | €2,002 | €13,017 | +€11,015 | +550% |
| Suppliers | 440/4 | €2,002 | €13,017 | +€11,015 | +550% |
| Other amounts payable | 47/48 | €153,667 | €156,357 | +€2,690 | +1.8% |
| Accrued charges and deferred income | 492/3 | €795 | - | -€795 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,800 | €44,508 | +€1,708 | +4.0% |
| Other operating charges | 640/8 | €2,894 | €3,601 | +€706 | +24.4% |
| Gross operating margin | 9900 | €41,404 | €19,918 | -€21,486 | -51.9% |
| Operating profit (loss) | 9901 | -€4,290 | -€28,191 | -€23,901 | -557% |
| Financial income | 75/76B | €3,120 | €3,120 | = | 0.0% |
| Recurring financial income | 75 | €3,120 | €3,120 | = | 0.0% |
| Financial charges | 65/66B | €39 | €44 | +€5 | +11.5% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,209 | -€25,115 | -€23,905 | -1,977% |
| Profit (loss) for the period | 9904 | -€1,209 | -€25,115 | -€23,905 | -1,977% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,209 | -€25,115 | -€23,905 | -1,977% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.