IMMO GROOT - LEEUW: 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.
IMMO GROOT - LEEUW
Largest movements
- Receivables within one year +€106,934
up €106,934 (+59.6%), from €179,567 to €286,501
of which Trade receivables: +€70,577
- Current investments +€97,415
new in 2025: €97,415
- Tangible fixed assets -€37,156
down €37,156 (-7.4%), from €501,130 to €463,974
of which Land and buildings: -€23,787
- Cash +€31,344
up €31,344 (+7.6%), from €410,560 to €441,904
mainly Net result for the year (+€153,074) and Depreciation (+€54,699)
- Profit (loss) carried forward +€153,074
up €153,074 (+15.5%), from €987,974 to €1.1m
- Tax, wage and social debts +€29,992
up €29,992 (+79.7%), from €37,632 to €67,624
of which Remuneration and social security: +€19,797
- Gross operating margin +€88,731
up €88,731 (+27.1%), from €327,532 to €416,263
- Staff costs +€26,493
up €26,493 (+23.4%), from €113,121 to €139,614
- Taxes +€18,462
up €18,462 (+42.4%), from €43,519 to €61,981
- Depreciation -€12,852
down €12,852 (-19.0%), from €67,551 to €54,699
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 | €1,117,511 | €1,307,208 | +€189,697 | +17.0% |
| Formation expenses | 20 | €1,082 | €782 | -€300 | -27.7% |
| Fixed assets | 21/28 | €502,179 | €465,483 | -€36,696 | -7.3% |
| Intangible fixed assets | 21 | €999 | €659 | -€340 | -34.0% |
| Tangible fixed assets | 22/27 | €501,130 | €463,974 | -€37,156 | -7.4% |
| Land and buildings | 22 | €408,609 | €384,822 | -€23,787 | -5.8% |
| Plant, machinery and equipment | 23 | €10,517 | €9,761 | -€756 | -7.2% |
| Furniture and vehicles | 24 | €44,659 | €47,312 | +€2,653 | +5.9% |
| Leasing and similar rights | 25 | €37,345 | €22,079 | -€15,266 | -40.9% |
| Financial fixed assets | 28 | €50 | €850 | +€800 | +1,600% |
| Current assets | 29/58 | €614,250 | €840,943 | +€226,693 | +36.9% |
| Amounts receivable within one year | 40/41 | €179,567 | €286,501 | +€106,934 | +59.6% |
| Trade receivables | 40 | €134,779 | €205,356 | +€70,577 | +52.4% |
| Other amounts receivable | 41 | €44,788 | €81,145 | +€36,357 | +81.2% |
| Current investments | 50/53 | - | €97,415 | +€97,415 | |
| Cash at bank and in hand | 54/58 | €410,560 | €441,904 | +€31,344 | +7.6% |
| Deferred charges and accrued income | 490/1 | €24,123 | €15,123 | -€9,000 | -37.3% |
| Total equity and liabilities | 10/49 | €1,117,511 | €1,307,208 | +€189,697 | +17.0% |
| Equity | 10/15 | €1,014,425 | €1,167,499 | +€153,074 | +15.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €7,859 | €7,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €987,974 | €1,141,048 | +€153,074 | +15.5% |
| Amounts payable | 17/49 | €103,086 | €139,709 | +€36,623 | +35.5% |
| Amounts payable after more than one year | 17 | €23,480 | €16,134 | -€7,346 | -31.3% |
| Financial debts | 170/4 | €23,480 | €16,134 | -€7,346 | -31.3% |
| Amounts payable within one year | 42/48 | €79,606 | €123,575 | +€43,969 | +55.2% |
| Current portion of amounts payable after more than one year | 42 | €15,630 | €7,346 | -€8,284 | -53.0% |
| Financial debts | 43 | €4,779 | €10,852 | +€6,073 | +127% |
| Credit institutions | 430/8 | €4,779 | €10,852 | +€6,073 | +127% |
| Trade debts | 44 | €21,565 | €27,410 | +€5,845 | +27.1% |
| Suppliers | 440/4 | €21,565 | €27,410 | +€5,845 | +27.1% |
| Advances received on contracts in progress | 46 | - | €10,343 | +€10,343 | |
| Taxes, remuneration and social security | 45 | €37,632 | €67,624 | +€29,992 | +79.7% |
| Taxes | 450/3 | €19,938 | €30,133 | +€10,195 | +51.1% |
| Remuneration and social security | 454/9 | €17,694 | €37,491 | +€19,797 | +112% |
| Remuneration, social security and pensions | 62 | €113,121 | €139,614 | +€26,493 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,551 | €54,699 | -€12,852 | -19.0% |
| Other operating charges | 640/8 | €7,563 | €8,107 | +€544 | +7.2% |
| Gross operating margin | 9900 | €327,532 | €416,263 | +€88,731 | +27.1% |
| Operating profit (loss) | 9901 | €139,297 | €213,843 | +€74,546 | +53.5% |
| Financial income | 75/76B | €4,616 | €8,378 | +€3,762 | +81.5% |
| Recurring financial income | 75 | €4,616 | €8,378 | +€3,762 | +81.5% |
| Financial charges | 65/66B | €5,345 | €7,166 | +€1,821 | +34.1% |
| Recurring financial charges | 65 | €5,345 | €7,166 | +€1,821 | +34.1% |
| Profit (loss) for the period before taxes | 9903 | €138,568 | €215,055 | +€76,487 | +55.2% |
| Income taxes | 67/77 | €43,519 | €61,981 | +€18,462 | +42.4% |
| Profit (loss) for the period | 9904 | €95,049 | €153,074 | +€58,025 | +61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €95,049 | €153,074 | +€58,025 | +61.0% |
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 24 October 2026 via checked.be.