GROSEPI: 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.
GROSEPI
Largest movements
- Deferred charges and accrued income -€6,813
down €6,813 (-14.3%), from €47,769 to €40,956
- Cash +€5,742
up €5,742 (+65.0%), from €8,835 to €14,578
mainly Net result for the year (+€42,888) and Depreciation (+€27,663)
- Tangible fixed assets -€3,663
down €3,663 (-1.3%), from €281,539 to €277,876
of which Other tangible fixed assets: -€5,063
- Debts after one year -€27,388
down €27,388 (-12.1%), from €227,174 to €199,786
- Profit (loss) carried forward +€25,222
up €25,222 (+387%), from €6,522 to €31,744
- Other debts -€22,289
down €22,289 (-61.1%), from €36,500 to €14,211
- Reserves +€16,000
up €16,000 (+35.6%), from €45,000 to €61,000
- Depreciation -€28,907
down €28,907 (-51.1%), from €56,569 to €27,663
- Gross operating margin +€13,667
up €13,667 (+16.7%), from €81,785 to €95,452
- Taxes +€8,439
up €8,439 (+160%), from €5,279 to €13,718
- Financial charges +€2,253
up €2,253 (+35.3%), from €6,377 to €8,629
- Other operating charges +€1,830
up €1,830 (+253%), from €724 to €2,554
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 | €353,199 | €348,107 | -€5,092 | -1.4% |
| Fixed assets | 21/28 | €281,539 | €277,876 | -€3,663 | -1.3% |
| Tangible fixed assets | 22/27 | €281,539 | €277,876 | -€3,663 | -1.3% |
| Plant, machinery and equipment | 23 | €1,533 | €678 | -€855 | -55.8% |
| Furniture and vehicles | 24 | €65,961 | €68,217 | +€2,256 | +3.4% |
| Other tangible fixed assets | 26 | €214,045 | €208,982 | -€5,063 | -2.4% |
| Current assets | 29/58 | €71,660 | €70,231 | -€1,429 | -2.0% |
| Amounts receivable within one year | 40/41 | €15,056 | €14,698 | -€358 | -2.4% |
| Trade receivables | 40 | €14,056 | €14,698 | +€642 | +4.6% |
| Other amounts receivable | 41 | €1,000 | - | -€1,000 | |
| Cash at bank and in hand | 54/58 | €8,835 | €14,578 | +€5,742 | +65.0% |
| Deferred charges and accrued income | 490/1 | €47,769 | €40,956 | -€6,813 | -14.3% |
| Total equity and liabilities | 10/49 | €353,199 | €348,107 | -€5,092 | -1.4% |
| Equity | 10/15 | €51,582 | €92,804 | +€41,222 | +79.9% |
| Contributions | 10/11 | €60 | €60 | = | 0.0% |
| Reserves | 13 | €45,000 | €61,000 | +€16,000 | +35.6% |
| Distributable reserves | 133 | €45,000 | €61,000 | +€16,000 | +35.6% |
| Profit (loss) carried forward | 14 | €6,522 | €31,744 | +€25,222 | +387% |
| Amounts payable | 17/49 | €301,617 | €255,303 | -€46,314 | -15.4% |
| Amounts payable after more than one year | 17 | €227,174 | €199,786 | -€27,388 | -12.1% |
| Financial debts | 170/4 | €227,174 | €199,786 | -€27,388 | -12.1% |
| Amounts payable within one year | 42/48 | €74,086 | €52,223 | -€21,863 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €26,664 | €27,388 | +€724 | +2.7% |
| Trade debts | 44 | €2,722 | €1,849 | -€873 | -32.1% |
| Suppliers | 440/4 | €2,722 | €1,849 | -€873 | -32.1% |
| Taxes, remuneration and social security | 45 | €8,200 | €8,775 | +€575 | +7.0% |
| Taxes | 450/3 | €8,200 | €8,775 | +€575 | +7.0% |
| Other amounts payable | 47/48 | €36,500 | €14,211 | -€22,289 | -61.1% |
| Accrued charges and deferred income | 492/3 | €357 | €3,294 | +€2,937 | +823% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,569 | €27,663 | -€28,907 | -51.1% |
| Other operating charges | 640/8 | €724 | €2,554 | +€1,830 | +253% |
| Gross operating margin | 9900 | €81,785 | €95,452 | +€13,667 | +16.7% |
| Operating profit (loss) | 9901 | €24,492 | €65,236 | +€40,743 | +166% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €6,377 | €8,629 | +€2,253 | +35.3% |
| Recurring financial charges | 65 | €6,377 | €8,629 | +€2,253 | +35.3% |
| Profit (loss) for the period before taxes | 9903 | €18,116 | €56,606 | +€38,491 | +212% |
| Income taxes | 67/77 | €5,279 | €13,718 | +€8,439 | +160% |
| Profit (loss) for the period | 9904 | €12,836 | €42,888 | +€30,052 | +234% |
| Profit (loss) for the period to be appropriated | 9905 | €12,836 | €42,888 | +€30,052 | +234% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.