GROUSE: 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.
GROUSE
Largest movements
- Stocks and contracts +€2.3m
up €2.3m (+339.8%), from €675,271 to €3.0m
- Receivables within one year -€92,114
down €92,114 (-29.2%), from €315,797 to €223,683
of which Other amounts receivable: -€92,114
- Short-term financial debts +€2.2m
up €2.2m (+303.6%), from €725,910 to €2.9m
- Financial income -€160,000
down €160,000 (-100.0%), from €160,000 to €0
- Financial charges +€34,707
up €34,707 (+127.1%), from €27,299 to €62,005
- Gross operating margin +€28,854
up €28,854 (+177.9%), from €16,214 to €45,068
- Other operating charges -€578
down €578 (-28.1%), from €2,056 to €1,479
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 | €1,001,191 | €3,203,714 | +€2.2m | +220.0% |
| Fixed assets | 21/28 | €10,000 | €10,000 | = | 0.0% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €991,191 | €3,193,714 | +€2.2m | +222.2% |
| Stocks and contracts in progress | 3 | €675,271 | €2,969,975 | +€2.3m | +339.8% |
| Stocks | 30/36 | €675,271 | €2,969,975 | +€2.3m | +339.8% |
| Amounts receivable within one year | 40/41 | €315,797 | €223,683 | -€92,114 | -29.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €315,797 | €223,683 | -€92,114 | -29.2% |
| Cash at bank and in hand | 54/58 | €123 | €56 | -€67 | -54.8% |
| Total equity and liabilities | 10/49 | €1,001,191 | €3,203,714 | +€2.2m | +220.0% |
| Equity | 10/15 | €201,084 | €182,668 | -€18,416 | -9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182,484 | €164,068 | -€18,416 | -10.1% |
| Amounts payable | 17/49 | €800,107 | €3,021,046 | +€2.2m | +277.6% |
| Amounts payable within one year | 42/48 | €800,107 | €3,021,046 | +€2.2m | +277.6% |
| Financial debts | 43 | €725,910 | €2,930,000 | +€2.2m | +303.6% |
| Credit institutions | 430/8 | €725,910 | €2,930,000 | +€2.2m | +303.6% |
| Trade debts | 44 | €779 | €380 | -€399 | -51.2% |
| Suppliers | 440/4 | €779 | €380 | -€399 | -51.2% |
| Other amounts payable | 47/48 | €73,418 | €90,666 | +€17,248 | +23.5% |
| Other operating charges | 640/8 | €2,056 | €1,479 | -€578 | -28.1% |
| Gross operating margin | 9900 | €16,214 | €45,068 | +€28,854 | +177.9% |
| Operating profit (loss) | 9901 | €14,158 | €43,589 | +€29,431 | +207.9% |
| Financial income | 75/76B | €160,000 | €0 | -€160,000 | -100.0% |
| Recurring financial income | 75 | €160,000 | €0 | -€160,000 | -100.0% |
| Financial charges | 65/66B | €27,299 | €62,005 | +€34,707 | +127.1% |
| Recurring financial charges | 65 | €27,299 | €62,005 | +€34,707 | +127.1% |
| Profit (loss) for the period before taxes | 9903 | €146,859 | -€18,416 | -€165,275 | |
| Profit (loss) for the period | 9904 | €146,859 | -€18,416 | -€165,275 | |
| Profit (loss) for the period to be appropriated | 9905 | €146,859 | -€18,416 | -€165,275 |
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 2 October 2026 via checked.be.