GROUND LION: 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.
GROUND LION
Largest movements
- Receivables within one year +€116,483
up €116,483 (+299%), from €38,985 to €155,468
- Cash -€87,814
down €87,814 (-99.5%), from €88,224 to €410
mainly Other debts (-€410,000) and Receivables within one year (-€116,483)
- Other debts -€410,000
down €410,000 (-82.0%), from €500,000 to €90,000
- Profit (loss) carried forward +€391,608
up €391,608 (+27.9%), from -€1.4m to -€1.0m
- Trade debts +€52,218
up €52,218 (+5,733%), from €911 to €53,129
- Accrued charges and deferred income -€17,826
down €17,826 (-62.3%), from €28,616 to €10,790
- Tax, wage and social debts +€12,330
up €12,330 (+831%), from €1,484 to €13,815
- Turnover +€34,047
up €34,047 (+3.6%), from €940,176 to €974,223
- Services and other goods -€30,289
down €30,289 (-4.9%), from €615,912 to €585,623
- Other operating income +€23,277
up €23,277 (+2,052%), from €1,135 to €24,412
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 | €127,548 | €155,878 | +€28,330 | +22.2% |
| Fixed assets | 21/28 | €338 | - | -€338 | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €338 | - | -€338 | |
| Plant, machinery and equipment | 23 | €338 | - | -€338 | |
| Current assets | 29/58 | €127,210 | €155,878 | +€28,669 | +22.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €38,985 | €155,468 | +€116,483 | +299% |
| Trade receivables | 40 | €38,985 | €155,468 | +€116,483 | +299% |
| Cash at bank and in hand | 54/58 | €88,224 | €410 | -€87,814 | -99.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €127,548 | €155,878 | +€28,330 | +22.2% |
| Equity | 10/15 | -€403,463 | -€11,856 | +€391,608 | +97.1% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,403,463 | -€1,011,856 | +€391,608 | +27.9% |
| Amounts payable | 17/49 | €531,011 | €167,734 | -€363,277 | -68.4% |
| Amounts payable within one year | 42/48 | €502,395 | €156,943 | -€345,452 | -68.8% |
| Trade debts | 44 | €911 | €53,129 | +€52,218 | +5,733% |
| Suppliers | 440/4 | €911 | €53,129 | +€52,218 | +5,733% |
| Taxes, remuneration and social security | 45 | €1,484 | €13,815 | +€12,330 | +831% |
| Taxes | 450/3 | €1,484 | €13,815 | +€12,330 | +831% |
| Other amounts payable | 47/48 | €500,000 | €90,000 | -€410,000 | -82.0% |
| Accrued charges and deferred income | 492/3 | €28,616 | €10,790 | -€17,826 | -62.3% |
| Operating income | 70/76A | €941,310 | €998,635 | +€57,324 | +6.1% |
| Turnover | 70 | €940,176 | €974,223 | +€34,047 | +3.6% |
| Other operating income | 74 | €1,135 | €24,412 | +€23,277 | +2,052% |
| Operating charges | 60/66A | €618,549 | €587,797 | -€30,752 | -5.0% |
| Services and other goods | 61 | €615,912 | €585,623 | -€30,289 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,728 | €338 | -€1,390 | -80.4% |
| Other operating charges | 640/8 | €908 | €1,836 | +€928 | +102% |
| Operating profit (loss) | 9901 | €322,761 | €410,837 | +€88,076 | +27.3% |
| Financial charges | 65/66B | €22,947 | €19,230 | -€3,717 | -16.2% |
| Recurring financial charges | 65 | €22,947 | €19,230 | -€3,717 | -16.2% |
| Debt charges | 650 | €22,752 | €19,033 | -€3,718 | -16.3% |
| Other financial charges | 652/9 | €195 | €196 | +€2 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €299,815 | €391,608 | +€91,793 | +30.6% |
| Profit (loss) for the period | 9904 | €299,815 | €391,608 | +€91,793 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €299,815 | €391,608 | +€91,793 | +30.6% |
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 14 October 2026 via checked.be.