GROSEMANS-ERISON: 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.
What changed
GROSEMANS-ERISON
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4,953
2024 · -€9,346+€14,298
Equity
€110,411
2024 · €105,458+€4,953
Cash
€2,307
2024 · €4,891-€2,585
Balance sheet total
€468,021
2024 · €234,869+€233,152
Largest movements
Assets
- Tangible fixed assets +€234,686
up €234,686 (+116%), from €202,276 to €436,962
of which Land and buildings: +€237,645
Equity and liabilities
- Debts after one year +€228,311
up €228,311 (+731%), from €31,238 to €259,549
of which Financial debts: +€228,311
- Trade debts +€5,537
up €5,537 (+124%), from €4,483 to €10,020
- Advances received -€5,028
down €5,028 (-100%), from €5,028 to €0
- Profit (loss) carried forward +€4,953
up €4,953 (+6.7%), from €73,458 to €78,411
Income statement
- Gross operating margin +€15,952
up €15,952 (+35.2%), from €45,344 to €61,296
- Other operating charges +€1,435
up €1,435 (+14.6%), from €9,829 to €11,264
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.
Result 2024
-€9,346
Gross operating margin
+€15,952
Depreciation
-€59
Other operating charges
-€1,435
Financial income
-€0
Financial charges
+€69
Taxes
-€228
Result 2025
€4,953
raises the resultlowers the result
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.
From operations
+€43,229
Investment
-€274,685
Financing
+€228,871
Cash 2024
€4,891
From operations (derived)
+€43,229
Net result for the year
+€4,953
Depreciation
+€39,999
Receivables within one year
-€360
Deferred charges and accrued income
-€691
Trade debts
+€5,537
Tax, wage and social debts
+€1,138
Advances received
-€5,028
Other debts
-€2,319
Investment (derived)
-€274,685
Investment in fixed assets (net)
-€274,685
Financing
+€228,871
Debts after one year
+€228,311
Current portion of long-term debt
+€260
Short-term financial debts
+€300
Cash 2025
€2,307
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €234,869 | €468,021 | +€233,152 | +99.3% |
| Fixed assets | 21/28 | €202,296 | €436,982 | +€234,686 | +116% |
| Tangible fixed assets | 22/27 | €202,276 | €436,962 | +€234,686 | +116% |
| Land and buildings | 22 | €196,581 | €434,226 | +€237,645 | +121% |
| Furniture and vehicles | 24 | €5,695 | €2,736 | -€2,958 | -52.0% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €32,573 | €31,039 | -€1,534 | -4.7% |
| Amounts receivable within one year | 40/41 | €26,654 | €27,014 | +€360 | +1.4% |
| Trade receivables | 40 | €24,434 | €25,227 | +€793 | +3.2% |
| Other amounts receivable | 41 | €2,219 | €1,787 | -€432 | -19.5% |
| Cash at bank and in hand | 54/58 | €4,891 | €2,307 | -€2,585 | -52.8% |
| Deferred charges and accrued income | 490/1 | €1,028 | €1,719 | +€691 | +67.2% |
| Total equity and liabilities | 10/49 | €234,869 | €468,021 | +€233,152 | +99.3% |
| Equity | 10/15 | €105,458 | €110,411 | +€4,953 | +4.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €12,000 | €12,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,458 | €78,411 | +€4,953 | +6.7% |
| Amounts payable | 17/49 | €129,411 | €357,611 | +€228,200 | +176% |
| Amounts payable after more than one year | 17 | €31,238 | €259,549 | +€228,311 | +731% |
| Financial debts | 170/4 | €28,638 | €256,949 | +€228,311 | +797% |
| Other amounts payable | 178/9 | €2,600 | €2,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €98,173 | €98,062 | -€112 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €16,429 | €16,689 | +€260 | +1.6% |
| Financial debts | 43 | €24,700 | €25,000 | +€300 | +1.2% |
| Credit institutions | 430/8 | €24,700 | €25,000 | +€300 | +1.2% |
| Trade debts | 44 | €4,483 | €10,020 | +€5,537 | +124% |
| Suppliers | 440/4 | €4,483 | €10,020 | +€5,537 | +124% |
| Advances received on contracts in progress | 46 | €5,028 | €0 | -€5,028 | -100% |
| Taxes, remuneration and social security | 45 | €2,288 | €3,426 | +€1,138 | +49.8% |
| Taxes | 450/3 | €2,288 | €3,426 | +€1,138 | +49.8% |
| Other amounts payable | 47/48 | €45,247 | €42,927 | -€2,319 | -5.1% |
| Turnover | 70 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,940 | €39,999 | +€59 | +0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €9,829 | €11,264 | +€1,435 | +14.6% |
| Gross operating margin | 9900 | €45,344 | €61,296 | +€15,952 | +35.2% |
| Operating profit (loss) | 9901 | -€4,425 | €10,033 | +€14,457 | |
| Financial income | 75/76B | €1 | €1 | -€0 | -43.9% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -43.9% |
| Financial charges | 65/66B | €4,705 | €4,636 | -€69 | -1.5% |
| Recurring financial charges | 65 | €4,705 | €4,636 | -€69 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,129 | €5,397 | +€14,526 | |
| Income taxes | 67/77 | €217 | €445 | +€228 | +105% |
| Profit (loss) for the period | 9904 | -€9,346 | €4,953 | +€14,298 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,346 | €4,953 | +€14,298 |
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 26 October 2026 via checked.be.