GROTESTEEN: 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.
GROTESTEEN
Largest movements
- Tangible fixed assets -€6,335
down €6,335 (-2.2%), from €284,736 to €278,401
of which Land and buildings: -€9,972
- Cash +€5,671
up €5,671 (+53.3%), from €10,647 to €16,318
mainly Net result for the year (+€15,756) and Depreciation (+€10,282)
- Debts after one year -€28,148
down €28,148 (-19.7%), from €142,904 to €114,756
- Profit (loss) carried forward +€15,756
up €15,756 (+29.4%), from -€53,676 to -€37,920
- Other debts +€5,583
up €5,583 (+11.7%), from €47,680 to €53,262
- Trade debts +€3,933
up €3,933 (+247%), from €1,591 to €5,525
- Gross operating margin +€17,653
up €17,653 (+105%), from €16,829 to €34,482
- Financial charges -€735
down €735 (-13.4%), from €5,477 to €4,742
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 | €299,939 | €297,886 | -€2,052 | -0.7% |
| Fixed assets | 21/28 | €284,736 | €278,401 | -€6,335 | -2.2% |
| Tangible fixed assets | 22/27 | €284,736 | €278,401 | -€6,335 | -2.2% |
| Land and buildings | 22 | €284,736 | €274,764 | -€9,972 | -3.5% |
| Furniture and vehicles | 24 | - | €3,637 | +€3,637 | |
| Current assets | 29/58 | €15,202 | €19,485 | +€4,283 | +28.2% |
| Amounts receivable within one year | 40/41 | €3,635 | €2,611 | -€1,024 | -28.2% |
| Trade receivables | 40 | €783 | €1,975 | +€1,191 | +152% |
| Other amounts receivable | 41 | €2,852 | €636 | -€2,216 | -77.7% |
| Cash at bank and in hand | 54/58 | €10,647 | €16,318 | +€5,671 | +53.3% |
| Deferred charges and accrued income | 490/1 | €920 | €557 | -€363 | -39.5% |
| Total equity and liabilities | 10/49 | €299,939 | €297,886 | -€2,052 | -0.7% |
| Equity | 10/15 | €80,406 | €96,162 | +€15,756 | +19.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €115,482 | €115,482 | = | 0.0% |
| Distributable reserves | 133 | €115,482 | €115,482 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,676 | -€37,920 | +€15,756 | +29.4% |
| Amounts payable | 17/49 | €219,533 | €201,724 | -€17,809 | -8.1% |
| Amounts payable after more than one year | 17 | €142,904 | €114,756 | -€28,148 | -19.7% |
| Financial debts | 170/4 | €142,904 | €114,756 | -€28,148 | -19.7% |
| Amounts payable within one year | 42/48 | €76,629 | €86,968 | +€10,339 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €27,358 | €28,148 | +€790 | +2.9% |
| Trade debts | 44 | €1,591 | €5,525 | +€3,933 | +247% |
| Suppliers | 440/4 | €1,591 | €5,525 | +€3,933 | +247% |
| Advances received on contracts in progress | 46 | €0 | €33 | +€33 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €47,680 | €53,262 | +€5,583 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,962 | €10,282 | +€319 | +3.2% |
| Other operating charges | 640/8 | €3,598 | €3,702 | +€104 | +2.9% |
| Gross operating margin | 9900 | €16,829 | €34,482 | +€17,653 | +105% |
| Operating profit (loss) | 9901 | €3,269 | €20,499 | +€17,230 | +527% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €5,477 | €4,742 | -€735 | -13.4% |
| Recurring financial charges | 65 | €5,477 | €4,742 | -€735 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,209 | €15,756 | +€17,965 | |
| Profit (loss) for the period | 9904 | -€2,209 | €15,756 | +€17,965 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,209 | €15,756 | +€17,965 |
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 15 October 2026 via checked.be.