GROOTHANDEL KANTERS: 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.
GROOTHANDEL KANTERS
Largest movements
- Cash -€153,089
down €153,089 (-38.0%), from €402,544 to €249,454
mainly Stocks and contracts (-€135,208) and Contributions, distributions and other (-€125,000)
- Stocks and contracts +€135,208
up €135,208 (+19.6%), from €688,450 to €823,659
- Receivables within one year +€44,553
up €44,553 (+19.7%), from €225,610 to €270,163
of which Other amounts receivable: +€53,860
- Tangible fixed assets -€20,669
down €20,669 (-49.5%), from €41,757 to €21,088
of which Furniture and vehicles: -€15,287
- Reserves +€75,991
up €75,991 (+6.9%), from €1.1m to €1.2m
- Other debts -€73,208
down €73,208 (-24.0%), from €304,594 to €231,386
- Gross operating margin -€257,630
down €257,630 (-36.0%), from €716,024 to €458,394
- Staff costs -€66,744
down €66,744 (-27.8%), from €240,051 to €173,307
- Taxes -€49,884
down €49,884 (-41.7%), from €119,616 to €69,732
- Depreciation -€10,191
down €10,191 (-50.1%), from €20,344 to €10,153
From the 31-03-2025 result to the 31-12-2025 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 31-03-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-03-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,615,928 | €1,631,060 | +€15,132 | +0.9% |
| Fixed assets | 21/28 | €42,497 | €21,488 | -€21,009 | -49.4% |
| Tangible fixed assets | 22/27 | €41,757 | €21,088 | -€20,669 | -49.5% |
| Plant, machinery and equipment | 23 | €10,148 | €6,334 | -€3,814 | -37.6% |
| Furniture and vehicles | 24 | €22,623 | €7,336 | -€15,287 | -67.6% |
| Other tangible fixed assets | 26 | €8,985 | €7,418 | -€1,567 | -17.4% |
| Financial fixed assets | 28 | €740 | €400 | -€340 | -45.9% |
| Current assets | 29/58 | €1,573,431 | €1,609,572 | +€36,140 | +2.3% |
| Stocks and contracts in progress | 3 | €688,450 | €823,659 | +€135,208 | +19.6% |
| Stocks | 30/36 | €688,450 | €823,659 | +€135,208 | +19.6% |
| Amounts receivable within one year | 40/41 | €225,610 | €270,163 | +€44,553 | +19.7% |
| Trade receivables | 40 | €224,557 | €215,250 | -€9,307 | -4.1% |
| Other amounts receivable | 41 | €1,053 | €54,913 | +€53,860 | +5,115% |
| Current investments | 50/53 | €256,511 | €258,286 | +€1,775 | +0.7% |
| Cash at bank and in hand | 54/58 | €402,544 | €249,454 | -€153,089 | -38.0% |
| Deferred charges and accrued income | 490/1 | €316 | €8,010 | +€7,693 | +2,432% |
| Total equity and liabilities | 10/49 | €1,615,928 | €1,631,060 | +€15,132 | +0.9% |
| Equity | 10/15 | €1,176,751 | €1,252,741 | +€75,991 | +6.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €1,101,751 | €1,177,741 | +€75,991 | +6.9% |
| Distributable reserves | 133 | €1,101,751 | €1,177,741 | +€75,991 | +6.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €439,177 | €378,319 | -€60,859 | -13.9% |
| Amounts payable within one year | 42/48 | €439,177 | €375,319 | -€63,859 | -14.5% |
| Trade debts | 44 | €53,873 | €66,637 | +€12,765 | +23.7% |
| Suppliers | 440/4 | €53,873 | €66,637 | +€12,765 | +23.7% |
| Taxes, remuneration and social security | 45 | €80,711 | €77,295 | -€3,416 | -4.2% |
| Taxes | 450/3 | €41,457 | €42,377 | +€920 | +2.2% |
| Remuneration and social security | 454/9 | €39,254 | €34,919 | -€4,335 | -11.0% |
| Other amounts payable | 47/48 | €304,594 | €231,386 | -€73,208 | -24.0% |
| Accrued charges and deferred income | 492/3 | - | €3,000 | +€3,000 | |
| Non-recurring operating income | 76A | - | €1,615 | +€1,615 | |
| Remuneration, social security and pensions | 62 | €240,051 | €173,307 | -€66,744 | -27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,344 | €10,153 | -€10,191 | -50.1% |
| Other operating charges | 640/8 | €3,599 | €6,429 | +€2,830 | +78.6% |
| Non-recurring operating charges | 66A | €0 | €640 | +€640 | |
| Gross operating margin | 9900 | €716,024 | €458,394 | -€257,630 | -36.0% |
| Operating profit (loss) | 9901 | €452,030 | €267,865 | -€184,165 | -40.7% |
| Financial income | 75/76B | €11,942 | €5,293 | -€6,649 | -55.7% |
| Recurring financial income | 75 | €11,942 | €5,293 | -€6,649 | -55.7% |
| Financial charges | 65/66B | €1,450 | €2,435 | +€985 | +67.9% |
| Recurring financial charges | 65 | €1,450 | €2,435 | +€985 | +67.9% |
| Profit (loss) for the period before taxes | 9903 | €462,522 | €270,723 | -€191,799 | -41.5% |
| Income taxes | 67/77 | €119,616 | €69,732 | -€49,884 | -41.7% |
| Profit (loss) for the period | 9904 | €342,906 | €200,991 | -€141,916 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €342,906 | €200,991 | -€141,916 | -41.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.