PASCAL DE GROOTE: 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.
PASCAL DE GROOTE
Largest movements
- Tangible fixed assets -€52,056
down €52,056 (-58.4%), from €89,077 to €37,021
of which Land and buildings: -€51,618
- Stocks and contracts -€4,362
no longer reported in 2025 (was €4,362)
- Receivables within one year +€1,516
new in 2025: €1,516
- Debts after one year -€56,421
down €56,421 (-66.4%), from €84,909 to €28,487
- Profit (loss) carried forward +€15,316
up €15,316 (+22.4%), from -€68,414 to -€53,097
- Other debts -€10,582
down €10,582 (-23.4%), from €45,290 to €34,708
- Current portion of long-term debt -€5,256
down €5,256 (-50.2%), from €10,475 to €5,219
- Tax, wage and social debts +€1,872
new in 2025: €1,872
- Gross operating margin +€16,185
up €16,185 (+571.8%), from €2,831 to €19,016
- Depreciation -€5,654
down €5,654 (-68.1%), from €8,306 to €2,652
- Financial charges -€1,101
down €1,101 (-53.1%), from €2,074 to €973
- Other operating charges -€206
down €206 (-73.4%), from €281 to €75
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 | €97,119 | €42,023 | -€55,095 | -56.7% |
| Fixed assets | 21/28 | €92,487 | €40,431 | -€52,056 | -56.3% |
| Tangible fixed assets | 22/27 | €89,077 | €37,021 | -€52,056 | -58.4% |
| Land and buildings | 22 | €88,600 | €36,982 | -€51,618 | -58.3% |
| Plant, machinery and equipment | 23 | €404 | - | -€404 | |
| Furniture and vehicles | 24 | €73 | €39 | -€34 | -46.8% |
| Financial fixed assets | 28 | €3,410 | €3,410 | = | 0.0% |
| Current assets | 29/58 | €4,632 | €1,593 | -€3,039 | -65.6% |
| Stocks and contracts in progress | 3 | €4,362 | - | -€4,362 | |
| Stocks | 30/36 | €4,362 | - | -€4,362 | |
| Amounts receivable within one year | 40/41 | - | €1,516 | +€1,516 | |
| Other amounts receivable | 41 | - | €1,516 | +€1,516 | |
| Cash at bank and in hand | 54/58 | €269 | €77 | -€193 | -71.6% |
| Total equity and liabilities | 10/49 | €97,119 | €42,023 | -€55,095 | -56.7% |
| Equity | 10/15 | -€44,046 | -€28,730 | +€15,316 | +34.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,168 | €18,168 | = | 0.0% |
| Non-distributable reserves | 130/1 | €720 | €720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €720 | €720 | = | 0.0% |
| Distributable reserves | 133 | €17,448 | €17,448 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,414 | -€53,097 | +€15,316 | +22.4% |
| Amounts payable | 17/49 | €141,165 | €70,753 | -€70,412 | -49.9% |
| Amounts payable after more than one year | 17 | €84,909 | €28,487 | -€56,421 | -66.4% |
| Financial debts | 170/4 | €84,909 | €28,487 | -€56,421 | -66.4% |
| Amounts payable within one year | 42/48 | €56,256 | €42,266 | -€13,990 | -24.9% |
| Current portion of amounts payable after more than one year | 42 | €10,475 | €5,219 | -€5,256 | -50.2% |
| Trade debts | 44 | €491 | €467 | -€24 | -4.9% |
| Suppliers | 440/4 | €491 | €467 | -€24 | -4.9% |
| Taxes, remuneration and social security | 45 | - | €1,872 | +€1,872 | |
| Taxes | 450/3 | - | €1,872 | +€1,872 | |
| Other amounts payable | 47/48 | €45,290 | €34,708 | -€10,582 | -23.4% |
| Non-recurring operating income | 76A | - | €19,090 | +€19,090 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,306 | €2,652 | -€5,654 | -68.1% |
| Other operating charges | 640/8 | €281 | €75 | -€206 | -73.4% |
| Gross operating margin | 9900 | €2,831 | €19,016 | +€16,185 | +571.8% |
| Operating profit (loss) | 9901 | -€5,757 | €16,289 | +€22,045 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,074 | €973 | -€1,101 | -53.1% |
| Recurring financial charges | 65 | €2,074 | €973 | -€1,101 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,830 | €15,316 | +€23,147 | |
| Profit (loss) for the period | 9904 | -€7,830 | €15,316 | +€23,147 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,830 | €15,316 | +€23,147 |
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 11 October 2026 via checked.be.