GROSU CONSTRUCT: 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 CONSTRUCT
Largest movements
- Receivables within one year +€50,596
up €50,596 (+103.6%), from €48,860 to €99,456
of which Other amounts receivable: +€46,616
- Cash +€8,499
up €8,499 (+527.6%), from €1,611 to €10,110
mainly Net result for the year (+€68,648) and Tax, wage and social debts (+€13,795)
- Tangible fixed assets +€3,075
up €3,075 (+39.1%), from €7,864 to €10,939
of which Plant, machinery and equipment: +€2,797
- Profit (loss) carried forward +€68,648
up €68,648 (+516.4%), from €13,293 to €81,941
- Trade debts -€15,069
down €15,069 (-55.7%), from €27,072 to €12,003
- Tax, wage and social debts +€13,795
up €13,795 (+1144.8%), from €1,205 to €15,000
- Current portion of long-term debt -€4,865
no longer reported in 2025 (was €4,865)
- Gross operating margin +€67,523
up €67,523 (+392.1%), from €17,223 to €84,746
- Taxes +€15,000
new in 2025: €15,000
- Depreciation -€6,426
down €6,426 (-65.2%), from €9,859 to €3,433
- Other operating charges -€1,505
down €1,505 (-76.5%), from €1,967 to €462
- Financial income +€936
up €936 (+44.3%), from €2,114 to €3,050
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 | €58,435 | €120,944 | +€62,509 | +107.0% |
| Fixed assets | 21/28 | €7,964 | €11,039 | +€3,075 | +38.6% |
| Tangible fixed assets | 22/27 | €7,864 | €10,939 | +€3,075 | +39.1% |
| Plant, machinery and equipment | 23 | €4,873 | €7,670 | +€2,797 | +57.4% |
| Furniture and vehicles | 24 | €2,991 | €3,269 | +€278 | +9.3% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €50,471 | €109,905 | +€59,434 | +117.8% |
| Amounts receivable within one year | 40/41 | €48,860 | €99,456 | +€50,596 | +103.6% |
| Trade receivables | 40 | €9,816 | €13,796 | +€3,980 | +40.5% |
| Other amounts receivable | 41 | €39,044 | €85,660 | +€46,616 | +119.4% |
| Cash at bank and in hand | 54/58 | €1,611 | €10,110 | +€8,499 | +527.6% |
| Deferred charges and accrued income | 490/1 | - | €339 | +€339 | |
| Total equity and liabilities | 10/49 | €58,435 | €120,944 | +€62,509 | +107.0% |
| Equity | 10/15 | €25,293 | €93,941 | +€68,648 | +271.4% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,293 | €81,941 | +€68,648 | +516.4% |
| Amounts payable | 17/49 | €33,142 | €27,003 | -€6,139 | -18.5% |
| Amounts payable within one year | 42/48 | €33,142 | €27,003 | -€6,139 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €4,865 | - | -€4,865 | |
| Trade debts | 44 | €27,072 | €12,003 | -€15,069 | -55.7% |
| Suppliers | 440/4 | €27,072 | €12,003 | -€15,069 | -55.7% |
| Taxes, remuneration and social security | 45 | €1,205 | €15,000 | +€13,795 | +1144.8% |
| Taxes | 450/3 | €1,205 | €15,000 | +€13,795 | +1144.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,859 | €3,433 | -€6,426 | -65.2% |
| Other operating charges | 640/8 | €1,967 | €462 | -€1,505 | -76.5% |
| Gross operating margin | 9900 | €17,223 | €84,746 | +€67,523 | +392.1% |
| Operating profit (loss) | 9901 | €5,397 | €80,851 | +€75,454 | +1398.1% |
| Financial income | 75/76B | €2,114 | €3,050 | +€936 | +44.3% |
| Recurring financial income | 75 | €2,114 | €3,050 | +€936 | +44.3% |
| Financial charges | 65/66B | €380 | €253 | -€127 | -33.4% |
| Recurring financial charges | 65 | €380 | €253 | -€127 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €7,131 | €83,648 | +€76,517 | +1073.0% |
| Income taxes | 67/77 | - | €15,000 | +€15,000 | |
| Profit (loss) for the period | 9904 | €7,131 | €68,648 | +€61,517 | +862.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,131 | €68,648 | +€61,517 | +862.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.