GROOT ZAND: 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 ZAND
Largest movements
- Cash +€44,242
up €44,242 (+97.4%), from €45,402 to €89,644
mainly Net result for the year (+€30,970) and Other debts (+€21,075)
- Receivables within one year -€17,170
down €17,170 (-21.5%), from €79,721 to €62,551
of which Trade receivables: -€12,562
- Tangible fixed assets -€5,952
down €5,952 (-25.5%), from €23,377 to €17,425
of which Plant, machinery and equipment: -€5,496
- Deferred charges and accrued income +€5,667
up €5,667 (+88.2%), from €6,425 to €12,092
- Profit (loss) carried forward +€30,970
up €30,970 (+260.8%), from €11,875 to €42,845
- Trade debts -€22,437
down €22,437 (-26.4%), from €85,102 to €62,664
- Other debts +€21,075
up €21,075 (+22.2%), from €95,000 to €116,075
- Tax, wage and social debts -€4,271
down €4,271 (-21.4%), from €19,946 to €15,674
- Gross operating margin +€47,158
up €47,158 (+32.4%), from €145,450 to €192,608
- Staff costs -€3,437
down €3,437 (-2.2%), from €155,747 to €152,311
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 | €333,448 | €358,515 | +€25,067 | +7.5% |
| Fixed assets | 21/28 | €23,736 | €17,783 | -€5,952 | -25.1% |
| Tangible fixed assets | 22/27 | €23,377 | €17,425 | -€5,952 | -25.5% |
| Plant, machinery and equipment | 23 | €17,524 | €12,028 | -€5,496 | -31.4% |
| Furniture and vehicles | 24 | €5,853 | €5,397 | -€456 | -7.8% |
| Financial fixed assets | 28 | €359 | €359 | = | 0.0% |
| Current assets | 29/58 | €309,713 | €340,732 | +€31,019 | +10.0% |
| Stocks and contracts in progress | 3 | €178,166 | €176,445 | -€1,720 | -1.0% |
| Stocks | 30/36 | €178,166 | €176,445 | -€1,720 | -1.0% |
| Amounts receivable within one year | 40/41 | €79,721 | €62,551 | -€17,170 | -21.5% |
| Trade receivables | 40 | €73,286 | €60,724 | -€12,562 | -17.1% |
| Other amounts receivable | 41 | €6,435 | €1,826 | -€4,608 | -71.6% |
| Cash at bank and in hand | 54/58 | €45,402 | €89,644 | +€44,242 | +97.4% |
| Deferred charges and accrued income | 490/1 | €6,425 | €12,092 | +€5,667 | +88.2% |
| Total equity and liabilities | 10/49 | €333,448 | €358,515 | +€25,067 | +7.5% |
| Equity | 10/15 | €132,326 | €163,297 | +€30,970 | +23.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €101,859 | €101,859 | = | 0.0% |
| Distributable reserves | 133 | €101,859 | €101,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,875 | €42,845 | +€30,970 | +260.8% |
| Amounts payable | 17/49 | €201,122 | €195,219 | -€5,903 | -2.9% |
| Amounts payable within one year | 42/48 | €200,047 | €194,413 | -€5,634 | -2.8% |
| Trade debts | 44 | €85,102 | €62,664 | -€22,437 | -26.4% |
| Suppliers | 440/4 | €85,102 | €62,664 | -€22,437 | -26.4% |
| Taxes, remuneration and social security | 45 | €19,946 | €15,674 | -€4,271 | -21.4% |
| Remuneration and social security | 454/9 | €19,946 | €15,674 | -€4,271 | -21.4% |
| Other amounts payable | 47/48 | €95,000 | €116,075 | +€21,075 | +22.2% |
| Accrued charges and deferred income | 492/3 | €1,075 | €805 | -€270 | -25.1% |
| Remuneration, social security and pensions | 62 | €155,747 | €152,311 | -€3,437 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,309 | €7,727 | +€418 | +5.7% |
| Other operating charges | 640/8 | €823 | €794 | -€29 | -3.5% |
| Gross operating margin | 9900 | €145,450 | €192,608 | +€47,158 | +32.4% |
| Operating profit (loss) | 9901 | -€18,430 | €31,777 | +€50,206 | |
| Financial income | 75/76B | €339 | €174 | -€165 | -48.8% |
| Recurring financial income | 75 | €339 | €174 | -€165 | -48.8% |
| Financial charges | 65/66B | €1,148 | €980 | -€168 | -14.6% |
| Recurring financial charges | 65 | €1,148 | €980 | -€168 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,239 | €30,970 | +€50,209 | |
| Profit (loss) for the period | 9904 | -€19,239 | €30,970 | +€50,209 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,239 | €30,970 | +€50,209 |
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 11 October 2026 via checked.be.