GROSU: what changed
Two fiscal 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.
GROSU
Largest movements
- Receivables within one year -€21,313
down €21,313 (-32.0%), from €66,617 to €45,304
of which Trade receivables: -€26,482
- Tangible fixed assets +€7,558
up €7,558 (+22.3%), from €33,818 to €41,376
of which Furniture and vehicles: +€3,908
- Deferred charges and accrued income +€6,920
up €6,920 (+59.4%), from €11,658 to €18,578
- Cash -€1,701
down €1,701 (-3.8%), from €44,467 to €42,766
mainly Investment in fixed assets (net) (-€9,908) and Trade debts (-€7,104)
- Trade debts -€7,104
down €7,104 (-48.6%), from €14,606 to €7,502
- Debts after one year -€6,135
down €6,135 (-98.9%), from €6,201 to €66
- Current portion of long-term debt +€5,273
up €5,273 (+37.4%), from €14,101 to €19,374
- Profit (loss) carried forward +€2,486
up €2,486 (+2.3%), from €108,717 to €111,204
- Other debts -€1,664
no longer reported in 2025 (was €1,664)
- Gross operating margin -€25,034
down €25,034 (-75.0%), from €33,386 to €8,352
- Taxes -€4,928
down €4,928 (-83.9%), from €5,874 to €945
- Financial charges -€1,791
down €1,791 (-83.6%), from €2,143 to €352
- Other operating charges +€445
up €445 (+80.8%), from €551 to €996
- Staff costs +€433
up €433 (+54.8%), from €790 to €1,223
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 | €157,820 | €149,285 | -€8,535 | -5.4% |
| Fixed assets | 21/28 | €35,078 | €42,636 | +€7,558 | +21.5% |
| Tangible fixed assets | 22/27 | €33,818 | €41,376 | +€7,558 | +22.3% |
| Land and buildings | 22 | €30,000 | €30,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,818 | €7,468 | +€3,650 | +95.6% |
| Furniture and vehicles | 24 | - | €3,908 | +€3,908 | |
| Financial fixed assets | 28 | €1,260 | €1,260 | = | 0.0% |
| Current assets | 29/58 | €122,742 | €106,648 | -€16,094 | -13.1% |
| Amounts receivable within one year | 40/41 | €66,617 | €45,304 | -€21,313 | -32.0% |
| Trade receivables | 40 | €58,551 | €32,069 | -€26,482 | -45.2% |
| Other amounts receivable | 41 | €8,066 | €13,235 | +€5,169 | +64.1% |
| Cash at bank and in hand | 54/58 | €44,467 | €42,766 | -€1,701 | -3.8% |
| Deferred charges and accrued income | 490/1 | €11,658 | €18,578 | +€6,920 | +59.4% |
| Total equity and liabilities | 10/49 | €157,820 | €149,285 | -€8,535 | -5.4% |
| Equity | 10/15 | €116,777 | €119,264 | +€2,486 | +2.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,717 | €111,204 | +€2,486 | +2.3% |
| Amounts payable | 17/49 | €41,043 | €30,021 | -€11,022 | -26.9% |
| Amounts payable after more than one year | 17 | €6,201 | €66 | -€6,135 | -98.9% |
| Financial debts | 170/4 | €6,201 | €66 | -€6,135 | -98.9% |
| Amounts payable within one year | 42/48 | €34,842 | €29,955 | -€4,887 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €14,101 | €19,374 | +€5,273 | +37.4% |
| Trade debts | 44 | €14,606 | €7,502 | -€7,104 | -48.6% |
| Suppliers | 440/4 | €14,606 | €7,502 | -€7,104 | -48.6% |
| Taxes, remuneration and social security | 45 | €4,471 | €3,079 | -€1,392 | -31.1% |
| Taxes | 450/3 | €3,181 | €1,825 | -€1,356 | -42.6% |
| Remuneration and social security | 454/9 | €1,289 | €1,253 | -€36 | -2.8% |
| Other amounts payable | 47/48 | €1,664 | - | -€1,664 | |
| Non-recurring operating income | 76A | - | €74 | +€74 | |
| Remuneration, social security and pensions | 62 | €790 | €1,223 | +€433 | +54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,350 | €2,350 | = | 0.0% |
| Other operating charges | 640/8 | €551 | €996 | +€445 | +80.8% |
| Gross operating margin | 9900 | €33,386 | €8,352 | -€25,034 | -75.0% |
| Operating profit (loss) | 9901 | €29,695 | €3,783 | -€25,911 | -87.3% |
| Financial income | 75/76B | €27 | €0 | -€27 | -99.9% |
| Recurring financial income | 75 | €27 | €0 | -€27 | -99.9% |
| Financial charges | 65/66B | €2,143 | €352 | -€1,791 | -83.6% |
| Recurring financial charges | 65 | €2,143 | €352 | -€1,791 | -83.6% |
| Profit (loss) for the period before taxes | 9903 | €27,579 | €3,432 | -€24,148 | -87.6% |
| Income taxes | 67/77 | €5,874 | €945 | -€4,928 | -83.9% |
| Profit (loss) for the period | 9904 | €21,706 | €2,486 | -€19,219 | -88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,706 | €2,486 | -€19,219 | -88.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.