Grovers & Sons: 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.
Grovers & Sons
Largest movements
- Stocks and contracts +€26,000
up €26,000 (+48.1%), from €54,000 to €80,000
- Deferred charges and accrued income +€17,820
new in 2025: €17,820
- Cash +€8,029
up €8,029 (+21.2%), from €37,821 to €45,850
mainly Trade debts (+€26,324) and Net result for the year (+€17,111)
- Receivables within one year +€7,892
up €7,892 (+145.1%), from €5,439 to €13,331
of which Trade receivables: +€5,447
- Tangible fixed assets -€6,509
down €6,509 (-27.2%), from €23,972 to €17,463
of which Plant, machinery and equipment: -€4,572
- Trade debts +€26,324
up €26,324 (+222.0%), from €11,857 to €38,181
- Profit (loss) carried forward +€17,111
up €17,111 (+33.2%), from €51,513 to €68,624
- Tax, wage and social debts +€3,763
up €3,763 (+11.3%), from €33,357 to €37,120
of which Taxes: +€14,275
- Other debts +€2,035
up €2,035 (+5.2%), from €39,005 to €41,039
- Staff costs +€14,825
up €14,825 (+28.2%), from €52,661 to €67,487
- Gross operating margin +€13,109
up €13,109 (+14.5%), from €90,358 to €103,468
- Taxes +€1,457
up €1,457 (+41.6%), from €3,500 to €4,957
- Other operating charges -€1,205
down €1,205 (-35.8%), from €3,369 to €2,164
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 | €138,482 | €187,714 | +€49,232 | +35.6% |
| Fixed assets | 21/28 | €41,222 | €30,713 | -€10,509 | -25.5% |
| Tangible fixed assets | 22/27 | €23,972 | €17,463 | -€6,509 | -27.2% |
| Land and buildings | 22 | €2,916 | €1,538 | -€1,378 | -47.2% |
| Plant, machinery and equipment | 23 | €16,235 | €11,663 | -€4,572 | -28.2% |
| Furniture and vehicles | 24 | €4,821 | €4,262 | -€559 | -11.6% |
| Financial fixed assets | 28 | €17,250 | €13,250 | -€4,000 | -23.2% |
| Current assets | 29/58 | €97,260 | €157,001 | +€59,741 | +61.4% |
| Stocks and contracts in progress | 3 | €54,000 | €80,000 | +€26,000 | +48.1% |
| Stocks | 30/36 | €54,000 | €80,000 | +€26,000 | +48.1% |
| Amounts receivable within one year | 40/41 | €5,439 | €13,331 | +€7,892 | +145.1% |
| Trade receivables | 40 | €1,000 | €6,447 | +€5,447 | +544.7% |
| Other amounts receivable | 41 | €4,439 | €6,884 | +€2,445 | +55.1% |
| Cash at bank and in hand | 54/58 | €37,821 | €45,850 | +€8,029 | +21.2% |
| Deferred charges and accrued income | 490/1 | - | €17,820 | +€17,820 | |
| Total equity and liabilities | 10/49 | €138,482 | €187,714 | +€49,232 | +35.6% |
| Equity | 10/15 | €54,263 | €71,374 | +€17,111 | +31.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | - | -€2,500 | |
| Other | 1109/19 | €2,500 | - | -€2,500 | |
| Reserves | 13 | €250 | €250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,513 | €68,624 | +€17,111 | +33.2% |
| Amounts payable | 17/49 | €84,218 | €116,340 | +€32,121 | +38.1% |
| Amounts payable within one year | 42/48 | €84,218 | €116,340 | +€32,121 | +38.1% |
| Trade debts | 44 | €11,857 | €38,181 | +€26,324 | +222.0% |
| Suppliers | 440/4 | €11,857 | €38,181 | +€26,324 | +222.0% |
| Taxes, remuneration and social security | 45 | €33,357 | €37,120 | +€3,763 | +11.3% |
| Taxes | 450/3 | €22,845 | €37,120 | +€14,275 | +62.5% |
| Remuneration and social security | 454/9 | €10,512 | - | -€10,512 | |
| Other amounts payable | 47/48 | €39,005 | €41,039 | +€2,035 | +5.2% |
| Remuneration, social security and pensions | 62 | €52,661 | €67,487 | +€14,825 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,383 | €7,731 | +€348 | +4.7% |
| Other operating charges | 640/8 | €3,369 | €2,164 | -€1,205 | -35.8% |
| Gross operating margin | 9900 | €90,358 | €103,468 | +€13,109 | +14.5% |
| Operating profit (loss) | 9901 | €26,945 | €26,086 | -€859 | -3.2% |
| Financial income | 75/76B | €0 | €8 | +€8 | +78300.0% |
| Recurring financial income | 75 | €0 | €8 | +€8 | +78300.0% |
| Financial charges | 65/66B | €4,032 | €4,026 | -€6 | -0.2% |
| Recurring financial charges | 65 | €4,032 | €4,026 | -€6 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €22,913 | €22,068 | -€845 | -3.7% |
| Income taxes | 67/77 | €3,500 | €4,957 | +€1,457 | +41.6% |
| Profit (loss) for the period | 9904 | €19,413 | €17,111 | -€2,302 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,413 | €17,111 | -€2,302 | -11.9% |
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 12 October 2026 via checked.be.