GROVEN LOONWERKEN: 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 LOONWERKEN
Largest movements
- Tangible fixed assets -€48,689
down €48,689 (-26.4%), from €184,432 to €135,743
of which Furniture and vehicles: -€33,714
- Receivables within one year +€14,744
up €14,744 (+244%), from €6,032 to €20,776
of which Trade receivables: +€10,308
- Stocks and contracts +€9,679
up €9,679 (+34.6%), from €27,943 to €37,622
- Debts after one year -€22,800
down €22,800 (-46.5%), from €49,050 to €26,250
- Current portion of long-term debt -€13,200
down €13,200 (-36.7%), from €36,000 to €22,800
- Other debts +€12,273
up €12,273 (+4.9%), from €248,044 to €260,316
- Trade debts +€9,020
up €9,020 (+58.6%), from €15,403 to €24,423
- Gross operating margin -€5,194
down €5,194 (-5.8%), from €90,100 to €84,906
- Depreciation -€3,172
down €3,172 (-6.1%), from €51,861 to €48,689
- Financial charges -€1,171
down €1,171 (-31.4%), from €3,726 to €2,554
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 | €412,300 | €392,500 | -€19,801 | -4.8% |
| Fixed assets | 21/28 | €184,432 | €135,743 | -€48,689 | -26.4% |
| Tangible fixed assets | 22/27 | €184,432 | €135,743 | -€48,689 | -26.4% |
| Plant, machinery and equipment | 23 | €39,996 | €25,021 | -€14,975 | -37.4% |
| Furniture and vehicles | 24 | €144,436 | €110,722 | -€33,714 | -23.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €227,868 | €256,756 | +€28,888 | +12.7% |
| Stocks and contracts in progress | 3 | €27,943 | €37,622 | +€9,679 | +34.6% |
| Stocks | 30/36 | €27,943 | €37,622 | +€9,679 | +34.6% |
| Amounts receivable within one year | 40/41 | €6,032 | €20,776 | +€14,744 | +244% |
| Trade receivables | 40 | €4,768 | €15,077 | +€10,308 | +216% |
| Other amounts receivable | 41 | €1,264 | €5,700 | +€4,436 | +351% |
| Cash at bank and in hand | 54/58 | €192,861 | €196,542 | +€3,682 | +1.9% |
| Deferred charges and accrued income | 490/1 | €1,032 | €1,816 | +€783 | +75.9% |
| Total equity and liabilities | 10/49 | €412,300 | €392,500 | -€19,801 | -4.8% |
| Equity | 10/15 | €59,786 | €55,975 | -€3,811 | -6.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €54,786 | €50,975 | -€3,811 | -7.0% |
| Distributable reserves | 133 | €54,786 | €50,975 | -€3,811 | -7.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €352,514 | €336,524 | -€15,990 | -4.5% |
| Amounts payable after more than one year | 17 | €49,050 | €26,250 | -€22,800 | -46.5% |
| Financial debts | 170/4 | €49,050 | €26,250 | -€22,800 | -46.5% |
| Amounts payable within one year | 42/48 | €303,464 | €310,274 | +€6,810 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €36,000 | €22,800 | -€13,200 | -36.7% |
| Trade debts | 44 | €15,403 | €24,423 | +€9,020 | +58.6% |
| Suppliers | 440/4 | €15,403 | €24,423 | +€9,020 | +58.6% |
| Taxes, remuneration and social security | 45 | €4,017 | €2,735 | -€1,282 | -31.9% |
| Taxes | 450/3 | €4,017 | €2,735 | -€1,282 | -31.9% |
| Other amounts payable | 47/48 | €248,044 | €260,316 | +€12,273 | +4.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €165 | €0 | -€165 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,861 | €48,689 | -€3,172 | -6.1% |
| Other operating charges | 640/8 | €718 | €670 | -€48 | -6.6% |
| Gross operating margin | 9900 | €90,100 | €84,906 | -€5,194 | -5.8% |
| Operating profit (loss) | 9901 | €37,357 | €35,547 | -€1,810 | -4.8% |
| Financial income | 75/76B | €921 | €339 | -€582 | -63.2% |
| Recurring financial income | 75 | €921 | €339 | -€582 | -63.2% |
| Financial charges | 65/66B | €3,726 | €2,554 | -€1,171 | -31.4% |
| Recurring financial charges | 65 | €3,726 | €2,554 | -€1,171 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €34,553 | €33,332 | -€1,221 | -3.5% |
| Income taxes | 67/77 | €9,017 | €8,319 | -€698 | -7.7% |
| Profit (loss) for the period | 9904 | €25,536 | €25,012 | -€523 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,536 | €25,012 | -€523 | -2.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.