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.
DE GROENE DREEF
Largest movements
- Receivables within one year +€30,940
up €30,940 (+37.8%), from €81,911 to €112,851
of which Trade receivables: +€40,892
- Cash +€7,893
up €7,893 (+35.8%), from €22,060 to €29,953
mainly Trade debts (+€55,224) and Other debts (+€15,587)
- Tangible fixed assets -€3,256
down €3,256 (-3.8%), from €85,690 to €82,434
of which Plant, machinery and equipment: -€2,983
- Trade debts +€55,224
up €55,224 (+100.1%), from €55,181 to €110,406
- Debts after one year -€24,657
down €24,657 (-100.0%), from €24,657 to €0
- Tax, wage and social debts -€15,761
down €15,761 (-59.1%), from €26,666 to €10,905
of which Taxes: -€13,095
- Other debts +€15,587
new in 2024: €15,587
- Profit (loss) carried forward +€4,147
up €4,147 (+590.2%), from €703 to €4,849
- Gross operating margin -€33,430
down €33,430 (-27.4%), from €122,097 to €88,667
- Staff costs -€30,122
down €30,122 (-30.6%), from €98,466 to €68,343
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €195,996 | €230,868 | +€34,873 | +17.8% |
| Fixed assets | 21/28 | €86,272 | €83,580 | -€2,692 | -3.1% |
| Tangible fixed assets | 22/27 | €85,690 | €82,434 | -€3,256 | -3.8% |
| Land and buildings | 22 | €73,605 | €73,332 | -€273 | -0.4% |
| Plant, machinery and equipment | 23 | €12,085 | €9,102 | -€2,983 | -24.7% |
| Financial fixed assets | 28 | €582 | €1,146 | +€564 | +97.0% |
| Current assets | 29/58 | €109,724 | €147,288 | +€37,565 | +34.2% |
| Stocks and contracts in progress | 3 | €5,753 | €4,485 | -€1,268 | -22.0% |
| Stocks | 30/36 | €5,753 | €4,485 | -€1,268 | -22.0% |
| Amounts receivable within one year | 40/41 | €81,911 | €112,851 | +€30,940 | +37.8% |
| Trade receivables | 40 | €67,047 | €107,939 | +€40,892 | +61.0% |
| Other amounts receivable | 41 | €14,864 | €4,912 | -€9,953 | -67.0% |
| Cash at bank and in hand | 54/58 | €22,060 | €29,953 | +€7,893 | +35.8% |
| Total equity and liabilities | 10/49 | €195,996 | €230,868 | +€34,873 | +17.8% |
| Equity | 10/15 | €65,167 | €69,314 | +€4,147 | +6.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €58,265 | €58,265 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,051 | €13,051 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,051 | €13,051 | = | 0.0% |
| Distributable reserves | 133 | €45,214 | €45,214 | = | 0.0% |
| Profit (loss) carried forward | 14 | €703 | €4,849 | +€4,147 | +590.2% |
| Amounts payable | 17/49 | €130,828 | €161,554 | +€30,726 | +23.5% |
| Amounts payable after more than one year | 17 | €24,657 | €0 | -€24,657 | -100.0% |
| Financial debts | 170/4 | €24,657 | €0 | -€24,657 | -100.0% |
| Amounts payable within one year | 42/48 | €106,171 | €161,554 | +€55,383 | +52.2% |
| Current portion of amounts payable after more than one year | 42 | €24,324 | €24,657 | +€333 | +1.4% |
| Trade debts | 44 | €55,181 | €110,406 | +€55,224 | +100.1% |
| Suppliers | 440/4 | €55,181 | €110,406 | +€55,224 | +100.1% |
| Taxes, remuneration and social security | 45 | €26,666 | €10,905 | -€15,761 | -59.1% |
| Taxes | 450/3 | €17,068 | €3,974 | -€13,095 | -76.7% |
| Remuneration and social security | 454/9 | €9,597 | €6,931 | -€2,666 | -27.8% |
| Other amounts payable | 47/48 | - | €15,587 | +€15,587 | |
| Remuneration, social security and pensions | 62 | €98,466 | €68,343 | -€30,122 | -30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,660 | €3,256 | +€595 | +22.4% |
| Other operating charges | 640/8 | €4,059 | €3,097 | -€963 | -23.7% |
| Gross operating margin | 9900 | €122,097 | €88,667 | -€33,430 | -27.4% |
| Operating profit (loss) | 9901 | €16,912 | €13,971 | -€2,941 | -17.4% |
| Financial income | 75/76B | €86 | €151 | +€65 | +76.2% |
| Recurring financial income | 75 | €86 | €151 | +€65 | +76.2% |
| Financial charges | 65/66B | €1,483 | €1,094 | -€389 | -26.2% |
| Recurring financial charges | 65 | €1,483 | €1,094 | -€389 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €15,514 | €13,027 | -€2,486 | -16.0% |
| Income taxes | 67/77 | €4,811 | €3,881 | -€930 | -19.3% |
| Profit (loss) for the period | 9904 | €10,703 | €9,147 | -€1,556 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,703 | €9,147 | -€1,556 | -14.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 September 2026 via checked.be.