GRUWEZ SPRL: what changed
What changed
GRUWEZ SPRL
filed annual accounts (NBB)
Net result for the year
-€38,229
2024 · -€40,029+€1,800
Equity
€542,376
2024 · €580,605-€38,229
Cash
€4,587
2024 · €4,463+€124
Balance sheet total
€572,342
2024 · €621,392-€49,049
Largest movements
Assets
- Tangible fixed assets -€52,954
down €52,954 (-8.6%), from €615,571 to €562,617
Equity and liabilities
- Profit (loss) carried forward -€38,229
down €38,229 (-10.4%), from -€366,855 to -€405,084
- Other debts -€15,358
down €15,358 (-37.7%), from €40,704 to €25,346
Income statement
- Gross operating margin +€1,607
up €1,607 (+11.0%), from €14,626 to €16,233
- Financial charges -€229
down €229 (-59.9%), from €383 to €153
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€40,029
Gross operating margin
+€1,607
Other operating charges
-€35
Financial income
-€1
Financial charges
+€229
Result 2025
-€38,229
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€124
Investment
€0
Financing
€0
Cash 2024
€4,463
From operations (derived)
+€124
Net result for the year
-€38,229
Depreciation
+€52,954
Receivables within one year
-€3,780
Trade debts
+€4,537
Other debts
-€15,358
Cash 2025
€4,587
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €621,392 | €572,342 | -€49,049 | -7.9% |
| Fixed assets | 21/28 | €615,571 | €562,617 | -€52,954 | -8.6% |
| Tangible fixed assets | 22/27 | €615,571 | €562,617 | -€52,954 | -8.6% |
| Land and buildings | 22 | €615,571 | €562,617 | -€52,954 | -8.6% |
| Current assets | 29/58 | €5,820 | €9,725 | +€3,904 | +67.1% |
| Amounts receivable within one year | 40/41 | €1,358 | €5,138 | +€3,780 | +278% |
| Trade receivables | 40 | €558 | €4,338 | +€3,780 | +678% |
| Other amounts receivable | 41 | €800 | €800 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,463 | €4,587 | +€124 | +2.8% |
| Total equity and liabilities | 10/49 | €621,392 | €572,342 | -€49,049 | -7.9% |
| Equity | 10/15 | €580,605 | €542,376 | -€38,229 | -6.6% |
| Contributions | 10/11 | €945,600 | €945,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€366,855 | -€405,084 | -€38,229 | -10.4% |
| Amounts payable | 17/49 | €40,787 | €29,966 | -€10,820 | -26.5% |
| Amounts payable within one year | 42/48 | €40,787 | €29,966 | -€10,820 | -26.5% |
| Trade debts | 44 | €83 | €4,620 | +€4,537 | +5,490% |
| Suppliers | 440/4 | €83 | €4,620 | +€4,537 | +5,490% |
| Other amounts payable | 47/48 | €40,704 | €25,346 | -€15,358 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,954 | €52,954 | = | 0.0% |
| Other operating charges | 640/8 | €1,319 | €1,355 | +€35 | +2.7% |
| Gross operating margin | 9900 | €14,626 | €16,233 | +€1,607 | +11.0% |
| Operating profit (loss) | 9901 | -€39,647 | -€38,076 | +€1,571 | +4.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €383 | €153 | -€229 | -59.9% |
| Recurring financial charges | 65 | €383 | €153 | -€229 | -59.9% |
| Profit (loss) for the period before taxes | 9903 | -€40,029 | -€38,229 | +€1,800 | +4.5% |
| Profit (loss) for the period | 9904 | -€40,029 | -€38,229 | +€1,800 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,029 | -€38,229 | +€1,800 | +4.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.