GRU DAKWERKEN: 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.
GRU DAKWERKEN
Largest movements
- Tangible fixed assets +€34,107
up €34,107 (+140.5%), from €24,283 to €58,389
of which Leasing and similar rights: +€35,226
- Receivables after one year +€31,300
new in 2025: €31,300
- Cash -€15,675
down €15,675 (-65.1%), from €24,075 to €8,400
mainly Investment in fixed assets (net) (-€50,136) and Receivables after one year (-€31,300)
- Debts after one year +€26,146
up €26,146 (+155.6%), from €16,804 to €42,950
- Current portion of long-term debt +€10,603
up €10,603 (+139.8%), from €7,581 to €18,184
- Trade debts +€10,058
up €10,058 (+1457.7%), from €690 to €10,748
- Profit (loss) carried forward +€2,835
up €2,835 (+9.1%), from €31,218 to €34,052
- Tax, wage and social debts +€2,043
up €2,043 (+25.6%), from €7,972 to €10,015
- Gross operating margin -€27,282
down €27,282 (-53.8%), from €50,721 to €23,439
- Depreciation +€8,500
up €8,500 (+112.9%), from €7,529 to €16,029
- Taxes -€5,929
down €5,929 (-74.4%), from €7,972 to €2,043
- Other operating charges -€1,831
down €1,831 (-75.3%), from €2,431 to €600
- Financial charges +€522
up €522 (+28.9%), from €1,810 to €2,332
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 | €74,265 | €125,949 | +€51,685 | +69.6% |
| Fixed assets | 21/28 | €25,183 | €59,289 | +€34,107 | +135.4% |
| Tangible fixed assets | 22/27 | €24,283 | €58,389 | +€34,107 | +140.5% |
| Plant, machinery and equipment | 23 | €4,889 | €3,770 | -€1,119 | -22.9% |
| Leasing and similar rights | 25 | €19,394 | €54,620 | +€35,226 | +181.6% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €49,082 | €66,660 | +€17,578 | +35.8% |
| Amounts receivable after more than one year | 29 | - | €31,300 | +€31,300 | |
| Other amounts receivable | 291 | - | €31,300 | +€31,300 | |
| Amounts receivable within one year | 40/41 | €25,007 | €25,989 | +€982 | +3.9% |
| Trade receivables | 40 | €10,811 | €14,433 | +€3,622 | +33.5% |
| Other amounts receivable | 41 | €14,197 | €11,557 | -€2,640 | -18.6% |
| Cash at bank and in hand | 54/58 | €24,075 | €8,400 | -€15,675 | -65.1% |
| Deferred charges and accrued income | 490/1 | - | €970 | +€970 | |
| Total equity and liabilities | 10/49 | €74,265 | €125,949 | +€51,685 | +69.6% |
| Equity | 10/15 | €41,218 | €44,052 | +€2,835 | +6.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,218 | €34,052 | +€2,835 | +9.1% |
| Amounts payable | 17/49 | €33,047 | €81,897 | +€48,850 | +147.8% |
| Amounts payable after more than one year | 17 | €16,804 | €42,950 | +€26,146 | +155.6% |
| Financial debts | 170/4 | €16,804 | €42,950 | +€26,146 | +155.6% |
| Amounts payable within one year | 42/48 | €16,243 | €38,947 | +€22,704 | +139.8% |
| Current portion of amounts payable after more than one year | 42 | €7,581 | €18,184 | +€10,603 | +139.8% |
| Trade debts | 44 | €690 | €10,748 | +€10,058 | +1457.7% |
| Suppliers | 440/4 | €690 | €10,748 | +€10,058 | +1457.7% |
| Taxes, remuneration and social security | 45 | €7,972 | €10,015 | +€2,043 | +25.6% |
| Taxes | 450/3 | €7,972 | €10,015 | +€2,043 | +25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,529 | €16,029 | +€8,500 | +112.9% |
| Other operating charges | 640/8 | €2,431 | €600 | -€1,831 | -75.3% |
| Gross operating margin | 9900 | €50,721 | €23,439 | -€27,282 | -53.8% |
| Operating profit (loss) | 9901 | €40,761 | €6,811 | -€33,951 | -83.3% |
| Financial income | 75/76B | €238 | €399 | +€161 | +67.7% |
| Recurring financial income | 75 | €238 | €399 | +€161 | +67.7% |
| Financial charges | 65/66B | €1,810 | €2,332 | +€522 | +28.9% |
| Recurring financial charges | 65 | €1,810 | €2,332 | +€522 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €39,190 | €4,878 | -€34,312 | -87.6% |
| Income taxes | 67/77 | €7,972 | €2,043 | -€5,929 | -74.4% |
| Profit (loss) for the period | 9904 | €31,218 | €2,835 | -€28,383 | -90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,218 | €2,835 | -€28,383 | -90.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.