Groote Speye: 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.
Groote Speye
Largest movements
- Financial fixed assets +€692,082
up €692,082 (+30.1%), from €2.3m to €3.0m
- Debts after one year +€596,773
up €596,773 (+730%), from €81,770 to €678,542
- Other debts +€50,000
up €50,000 (+25.0%), from €200,000 to €250,000
- Financial income -€253,436
down €253,436 (-87.8%), from €288,590 to €35,154
- Financial charges +€22,249
up €22,249 (+398%), from €5,584 to €27,833
- Taxes -€20,129
down €20,129 (-86.8%), from €23,177 to €3,048
- Gross operating margin -€13,383
down €13,383 (-5.0%), from €268,485 to €255,102
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 | €2,729,261 | €3,410,010 | +€680,748 | +24.9% |
| Fixed assets | 21/28 | €2,297,109 | €2,989,192 | +€692,082 | +30.1% |
| Financial fixed assets | 28 | €2,297,109 | €2,989,192 | +€692,082 | +30.1% |
| Current assets | 29/58 | €432,152 | €420,818 | -€11,334 | -2.6% |
| Amounts receivable within one year | 40/41 | €405,977 | €386,680 | -€19,297 | -4.8% |
| Other amounts receivable | 41 | €405,977 | €386,680 | -€19,297 | -4.8% |
| Cash at bank and in hand | 54/58 | €22,092 | €18,396 | -€3,697 | -16.7% |
| Deferred charges and accrued income | 490/1 | €4,082 | €15,742 | +€11,660 | +286% |
| Total equity and liabilities | 10/49 | €2,729,261 | €3,410,010 | +€680,748 | +24.9% |
| Equity | 10/15 | €2,416,992 | €2,425,240 | +€8,248 | +0.3% |
| Contributions | 10/11 | €2,321,934 | €2,321,934 | = | 0.0% |
| Reserves | 13 | €18,709 | €18,709 | = | 0.0% |
| Distributable reserves | 133 | €18,709 | €18,709 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,349 | €84,598 | +€8,248 | +10.8% |
| Amounts payable | 17/49 | €312,269 | €984,770 | +€672,500 | +215% |
| Amounts payable after more than one year | 17 | €81,770 | €678,542 | +€596,773 | +730% |
| Financial debts | 170/4 | €81,770 | €678,542 | +€596,773 | +730% |
| Amounts payable within one year | 42/48 | €225,385 | €278,862 | +€53,477 | +23.7% |
| Trade debts | 44 | €2,208 | €2,636 | +€429 | +19.4% |
| Suppliers | 440/4 | €2,208 | €2,636 | +€429 | +19.4% |
| Taxes, remuneration and social security | 45 | €23,177 | €26,225 | +€3,048 | +13.2% |
| Taxes | 450/3 | €23,177 | €26,225 | +€3,048 | +13.2% |
| Other amounts payable | 47/48 | €200,000 | €250,000 | +€50,000 | +25.0% |
| Accrued charges and deferred income | 492/3 | €5,115 | €27,365 | +€22,251 | +435% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Gross operating margin | 9900 | €268,485 | €255,102 | -€13,383 | -5.0% |
| Operating profit (loss) | 9901 | €267,391 | €253,975 | -€13,416 | -5.0% |
| Financial income | 75/76B | €288,590 | €35,154 | -€253,436 | -87.8% |
| Recurring financial income | 75 | €288,590 | €35,154 | -€253,436 | -87.8% |
| Financial charges | 65/66B | €5,584 | €27,833 | +€22,249 | +398% |
| Recurring financial charges | 65 | €5,584 | €27,833 | +€22,249 | +398% |
| Profit (loss) for the period before taxes | 9903 | €550,397 | €261,297 | -€289,101 | -52.5% |
| Income taxes | 67/77 | €23,177 | €3,048 | -€20,129 | -86.8% |
| Profit (loss) for the period | 9904 | €527,220 | €258,248 | -€268,972 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €527,220 | €258,248 | -€268,972 | -51.0% |
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 24 October 2026 via checked.be.