Grote: 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.
Grote
Largest movements
- Cash +€26,968
up €26,968 (+41.9%), from €64,318 to €91,286
mainly Depreciation (+€13,634) and Net result for the year (+€9,856)
- Tangible fixed assets -€13,634
down €13,634 (-40.7%), from €33,506 to €19,872
of which Furniture and vehicles: -€13,431
- Reserves +€9,856
up €9,856 (+8.8%), from €111,625 to €121,481
of which Distributable reserves: +€9,856
- Staff costs +€15,743
up €15,743 (+34.5%), from €45,657 to €61,399
- Gross operating margin +€8,584
up €8,584 (+10.5%), from €81,806 to €90,390
- Other operating charges -€2,055
down €2,055 (-42.2%), from €4,867 to €2,812
- Financial income +€930
up €930 (+49.9%), from €1,864 to €2,794
- Taxes -€919
down €919 (-15.9%), from €5,772 to €4,853
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 | €172,553 | €183,910 | +€11,357 | +6.6% |
| Fixed assets | 21/28 | €33,506 | €20,007 | -€13,499 | -40.3% |
| Tangible fixed assets | 22/27 | €33,506 | €19,872 | -€13,634 | -40.7% |
| Plant, machinery and equipment | 23 | €607 | €404 | -€202 | -33.4% |
| Furniture and vehicles | 24 | €32,899 | €19,468 | -€13,431 | -40.8% |
| Financial fixed assets | 28 | - | €135 | +€135 | |
| Current assets | 29/58 | €139,047 | €163,902 | +€24,856 | +17.9% |
| Amounts receivable within one year | 40/41 | €72,983 | €71,902 | -€1,081 | -1.5% |
| Trade receivables | 40 | €10,875 | €2,711 | -€8,165 | -75.1% |
| Other amounts receivable | 41 | €62,108 | €69,191 | +€7,084 | +11.4% |
| Cash at bank and in hand | 54/58 | €64,318 | €91,286 | +€26,968 | +41.9% |
| Deferred charges and accrued income | 490/1 | €1,745 | €714 | -€1,031 | -59.1% |
| Total equity and liabilities | 10/49 | €172,553 | €183,910 | +€11,357 | +6.6% |
| Equity | 10/15 | €130,225 | €140,081 | +€9,856 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,625 | €121,481 | +€9,856 | +8.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €109,765 | €119,621 | +€9,856 | +9.0% |
| Amounts payable | 17/49 | €42,328 | €43,828 | +€1,501 | +3.5% |
| Amounts payable within one year | 42/48 | €42,328 | €43,828 | +€1,501 | +3.5% |
| Trade debts | 44 | €25,942 | €26,826 | +€884 | +3.4% |
| Suppliers | 440/4 | €25,942 | €26,826 | +€884 | +3.4% |
| Taxes, remuneration and social security | 45 | €8,707 | €9,594 | +€888 | +10.2% |
| Taxes | 450/3 | €5,810 | €6,498 | +€688 | +11.8% |
| Remuneration and social security | 454/9 | €2,897 | €3,096 | +€199 | +6.9% |
| Other amounts payable | 47/48 | €7,679 | €7,408 | -€271 | -3.5% |
| Remuneration, social security and pensions | 62 | €45,657 | €61,399 | +€15,743 | +34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,735 | €13,634 | +€899 | +7.1% |
| Other operating charges | 640/8 | €4,867 | €2,812 | -€2,055 | -42.2% |
| Gross operating margin | 9900 | €81,806 | €90,390 | +€8,584 | +10.5% |
| Operating profit (loss) | 9901 | €18,547 | €12,545 | -€6,002 | -32.4% |
| Financial income | 75/76B | €1,864 | €2,794 | +€930 | +49.9% |
| Recurring financial income | 75 | €1,864 | €2,794 | +€930 | +49.9% |
| Financial charges | 65/66B | €634 | €630 | -€4 | -0.7% |
| Recurring financial charges | 65 | €634 | €630 | -€4 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €19,777 | €14,709 | -€5,068 | -25.6% |
| Income taxes | 67/77 | €5,772 | €4,853 | -€919 | -15.9% |
| Profit (loss) for the period | 9904 | €14,005 | €9,856 | -€4,149 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,005 | €9,856 | -€4,149 | -29.6% |
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 19 October 2026 via checked.be.