STABLES GROVENHOF: 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.
STABLES GROVENHOF
Largest movements
- Receivables within one year +€8,562
up €8,562 (+165%), from €5,184 to €13,746
of which Trade receivables: +€8,017
- Cash -€6,277
down €6,277 (-100%), from €6,277 to €0
mainly Receivables within one year (-€8,562) and Net result for the year (-€5,421)
- Formation expenses -€369
down €369 (-33.5%), from €1,100 to €732
- Trade debts +€6,935
up €6,935 (+337%), from €2,057 to €8,992
- Profit (loss) carried forward -€5,421
down €5,421 (-99.9%), from €5,427 to €7
- Other debts +€1,369
up €1,369 (+48.3%), from €2,834 to €4,202
- Tax, wage and social debts -€966
down €966 (-99.8%), from €968 to €2
of which Taxes: -€966
- Gross operating margin -€16,895
down €16,895, from €13,025 to -€3,871
- Other operating charges -€4,232
down €4,232 (-88.8%), from €4,768 to €536
- Financial charges -€1,195
down €1,195 (-64.4%), from €1,856 to €661
- Staff costs -€659
down €659 (-100%), from €659 to €0
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 | €12,561 | €14,478 | +€1,917 | +15.3% |
| Formation expenses | 20 | €1,100 | €732 | -€369 | -33.5% |
| Current assets | 29/58 | €11,460 | €13,746 | +€2,285 | +19.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €5,184 | €13,746 | +€8,562 | +165% |
| Trade receivables | 40 | €5,184 | €13,201 | +€8,017 | +155% |
| Other amounts receivable | 41 | €0 | €545 | +€545 | |
| Cash at bank and in hand | 54/58 | €6,277 | €0 | -€6,277 | -100% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €12,561 | €14,478 | +€1,917 | +15.3% |
| Equity | 10/15 | €6,702 | €1,281 | -€5,421 | -80.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €275 | €275 | = | 0.0% |
| Distributable reserves | 133 | €275 | €275 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,427 | €7 | -€5,421 | -99.9% |
| Amounts payable | 17/49 | €5,859 | €13,196 | +€7,338 | +125% |
| Amounts payable within one year | 42/48 | €5,859 | €13,196 | +€7,338 | +125% |
| Trade debts | 44 | €2,057 | €8,992 | +€6,935 | +337% |
| Suppliers | 440/4 | €2,057 | €8,992 | +€6,935 | +337% |
| Taxes, remuneration and social security | 45 | €968 | €2 | -€966 | -99.8% |
| Taxes | 450/3 | €968 | €2 | -€966 | -99.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,834 | €4,202 | +€1,369 | +48.3% |
| Remuneration, social security and pensions | 62 | €659 | €0 | -€659 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €369 | €369 | = | 0.0% |
| Other operating charges | 640/8 | €4,768 | €536 | -€4,232 | -88.8% |
| Gross operating margin | 9900 | €13,025 | -€3,871 | -€16,895 | |
| Operating profit (loss) | 9901 | €7,229 | -€4,775 | -€12,004 | |
| Financial income | 75/76B | €55 | €22 | -€33 | -60.0% |
| Recurring financial income | 75 | €55 | €22 | -€33 | -60.0% |
| Financial charges | 65/66B | €1,856 | €661 | -€1,195 | -64.4% |
| Recurring financial charges | 65 | €1,856 | €661 | -€1,195 | -64.4% |
| Profit (loss) for the period before taxes | 9903 | €5,427 | -€5,414 | -€10,842 | |
| Income taxes | 67/77 | €0 | €7 | +€7 | |
| Profit (loss) for the period | 9904 | €5,427 | -€5,421 | -€10,848 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,427 | -€5,421 | -€10,848 |
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 25 October 2026 via checked.be.