GROVEN IMMO: 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.
GROVEN IMMO
Largest movements
- Receivables within one year -€93,970
down €93,970 (-98.5%), from €95,420 to €1,449
of which Other amounts receivable: -€95,420
- Cash +€77,563
up €77,563 (+24.5%), from €316,223 to €393,786
mainly Receivables within one year (+€93,970) and Depreciation (+€61,892)
- Tangible fixed assets -€61,892
down €61,892 (-5.1%), from €1.2m to €1.1m
of which Land and buildings: -€61,892
- Profit (loss) carried forward -€53,429
down €53,429 (-25.5%), from €209,344 to €155,916
- Reserves -€30,116
down €30,116 (-3.1%), from €956,134 to €926,018
of which Tax-exempt reserves: -€30,116
- Gross operating margin -€348,287
down €348,287, from €342,452 to -€5,835
- Taxes -€74,357
no longer reported in 2025 (was €74,357)
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 | €1,618,018 | €1,539,719 | -€78,299 | -4.8% |
| Fixed assets | 21/28 | €1,206,375 | €1,144,483 | -€61,892 | -5.1% |
| Tangible fixed assets | 22/27 | €1,206,375 | €1,144,483 | -€61,892 | -5.1% |
| Land and buildings | 22 | €1,206,375 | €1,144,483 | -€61,892 | -5.1% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €411,643 | €395,236 | -€16,407 | -4.0% |
| Amounts receivable within one year | 40/41 | €95,420 | €1,449 | -€93,970 | -98.5% |
| Trade receivables | 40 | - | €1,449 | +€1,449 | |
| Other amounts receivable | 41 | €95,420 | - | -€95,420 | |
| Cash at bank and in hand | 54/58 | €316,223 | €393,786 | +€77,563 | +24.5% |
| Total equity and liabilities | 10/49 | €1,618,018 | €1,539,719 | -€78,299 | -4.8% |
| Equity | 10/15 | €1,408,512 | €1,324,968 | -€83,544 | -5.9% |
| Contributions | 10/11 | €243,034 | €243,034 | = | 0.0% |
| Capital | 10 | €241,000 | €241,000 | = | 0.0% |
| Issued capital | 100 | €241,000 | €241,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,034 | €2,034 | = | 0.0% |
| Share premium | 1100/10 | €2,034 | €2,034 | = | 0.0% |
| Reserves | 13 | €956,134 | €926,018 | -€30,116 | -3.1% |
| Non-distributable reserves | 130/1 | €24,100 | €24,100 | = | 0.0% |
| Legal reserve | 130 | €24,100 | €24,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €476,844 | €446,729 | -€30,116 | -6.3% |
| Distributable reserves | 133 | €455,190 | €455,190 | = | 0.0% |
| Profit (loss) carried forward | 14 | €209,344 | €155,916 | -€53,429 | -25.5% |
| Provisions and deferred taxes | 16 | €158,948 | €148,910 | -€10,039 | -6.3% |
| Deferred taxes | 168 | €158,948 | €148,910 | -€10,039 | -6.3% |
| Amounts payable | 17/49 | €50,558 | €65,842 | +€15,284 | +30.2% |
| Amounts payable within one year | 42/48 | €50,558 | €65,842 | +€15,284 | +30.2% |
| Trade debts | 44 | €6,060 | €21,343 | +€15,284 | +252% |
| Suppliers | 440/4 | €6,060 | €21,343 | +€15,284 | +252% |
| Taxes, remuneration and social security | 45 | €44,357 | €44,357 | = | 0.0% |
| Taxes | 450/3 | €44,357 | €44,357 | = | 0.0% |
| Other amounts payable | 47/48 | €142 | €142 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,139 | €61,892 | -€1,247 | -2.0% |
| Other operating charges | 640/8 | €25,879 | €25,635 | -€244 | -0.9% |
| Non-recurring operating charges | 66A | €9,795 | - | -€9,795 | |
| Gross operating margin | 9900 | €342,452 | -€5,835 | -€348,287 | |
| Operating profit (loss) | 9901 | €243,639 | -€93,362 | -€337,000 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €92 | €221 | +€129 | +141% |
| Recurring financial charges | 65 | €92 | €221 | +€129 | +141% |
| Profit (loss) for the period before taxes | 9903 | €243,547 | -€93,583 | -€337,130 | |
| Transfer from deferred taxes | 780 | €10,039 | €10,039 | = | 0.0% |
| Transfer to deferred taxes | 680 | €168,987 | - | -€168,987 | |
| Income taxes | 67/77 | €74,357 | - | -€74,357 | |
| Profit (loss) for the period | 9904 | €10,242 | -€83,544 | -€93,786 | |
| Transfer from tax-exempt reserves | 789 | €706,062 | €30,116 | -€675,946 | -95.7% |
| Transfer to tax-exempt reserves | 689 | €506,960 | - | -€506,960 | |
| Profit (loss) for the period to be appropriated | 9905 | €209,344 | -€53,429 | -€262,773 |
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 21 October 2026 via checked.be.