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Constructions Grogna: 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.

What changed

Constructions Grogna

BE 0645.676.144
NACE 41.001, General construction of residential buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€22,599
2024 · €70,667-€93,266
Equity
€250,677
2024 · €273,276-€22,599
Cash
€236,278
2024 · €234,282+€1,996
Balance sheet total
€265,742
2024 · €311,117-€45,375

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€29,023

    down €29,023 (-70.8%), from €40,998 to €11,975

    of which Trade receivables: -€30,798

  • Tangible fixed assets -€16,884

    down €16,884 (-55.2%), from €30,581 to €13,697

    of which Furniture and vehicles: -€16,598

Equity and liabilities
  • Profit (loss) carried forward -€22,599

    down €22,599 (-32.0%), from €70,667 to €48,068

  • Tax, wage and social debts -€8,577

    down €8,577 (-89.9%), from €9,542 to €965

    of which Taxes: -€7,014

  • Trade debts -€7,739

    down €7,739 (-90.7%), from €8,536 to €797

  • Debts after one year -€5,159

    down €5,159 (-45.1%), from €11,440 to €6,281

Income statement
  • Gross operating margin -€168,936

    down €168,936, from €157,195 to -€11,741

  • Staff costs -€52,904

    down €52,904 (-94.7%), from €55,844 to €2,940

  • Taxes -€18,002

    no longer reported in 2025 (was €18,002)

  • Depreciation -€3,560

    down €3,560 (-34.4%), from €10,338 to €6,778

  • Financial charges -€1,635

    down €1,635 (-65.9%), from €2,481 to €846

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €70,667
Gross operating margin -€168,936
Staff costs +€52,904
Depreciation +€3,560
Other operating charges -€61
Other operating items -€271
Financial income -€99
Financial charges +€1,635
Taxes +€18,002
Result 2025 -€22,599
raises the resultlowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2024 to 2025

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.

From operations -€374
Investment +€8,830
Financing -€6,460
Cash 2024 €234,282
Net result for the year -€22,599
Depreciation +€6,778
Receivables within one year +€29,023
Deferred charges and accrued income +€2,740
Trade debts -€7,739
Tax, wage and social debts -€8,577
Investment in fixed assets (net) +€8,830
Debts after one year -€5,159
Current portion of long-term debt -€1,301
Cash 2025 €236,278
brings cash intakes cash out
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €311,117 €265,742 -€45,375 -14.6%
Fixed assets 21/28 €32,839 €17,231 -€15,608 -47.5%
Tangible fixed assets 22/27 €30,581 €13,697 -€16,884 -55.2%
Plant, machinery and equipment 23 €999 €713 -€286 -28.6%
Furniture and vehicles 24 €29,582 €12,984 -€16,598 -56.1%
Financial fixed assets 28 €2,258 €3,534 +€1,276 +56.5%
Current assets 29/58 €278,278 €248,511 -€29,767 -10.7%
Amounts receivable within one year 40/41 €40,998 €11,975 -€29,023 -70.8%
Trade receivables 40 €35,958 €5,160 -€30,798 -85.6%
Other amounts receivable 41 €5,040 €6,815 +€1,775 +35.2%
Cash at bank and in hand 54/58 €234,282 €236,278 +€1,996 +0.9%
Deferred charges and accrued income 490/1 €2,998 €258 -€2,740 -91.4%
Total equity and liabilities 10/49 €311,117 €265,742 -€45,375 -14.6%
Equity 10/15 €273,276 €250,677 -€22,599 -8.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €184,009 €184,009 = 0.0%
Distributable reserves 133 €184,009 €184,009 = 0.0%
Profit (loss) carried forward 14 €70,667 €48,068 -€22,599 -32.0%
Amounts payable 17/49 €37,841 €15,065 -€22,776 -60.2%
Amounts payable after more than one year 17 €11,440 €6,281 -€5,159 -45.1%
Financial debts 170/4 €11,440 €6,281 -€5,159 -45.1%
Amounts payable within one year 42/48 €26,401 €8,784 -€17,617 -66.7%
Current portion of amounts payable after more than one year 42 €7,960 €6,659 -€1,301 -16.3%
Trade debts 44 €8,536 €797 -€7,739 -90.7%
Suppliers 440/4 €8,536 €797 -€7,739 -90.7%
Taxes, remuneration and social security 45 €9,542 €965 -€8,577 -89.9%
Taxes 450/3 €7,979 €965 -€7,014 -87.9%
Remuneration and social security 454/9 €1,563 - -€1,563
Other amounts payable 47/48 €363 €363 = 0.0%
Non-recurring operating income 76A €16,330 - -€16,330
Remuneration, social security and pensions 62 €55,844 €2,940 -€52,904 -94.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,338 €6,778 -€3,560 -34.4%
Other operating charges 640/8 €1,237 €1,298 +€61 +4.9%
Non-recurring operating charges 66A - €271 +€271
Gross operating margin 9900 €157,195 -€11,741 -€168,936
Operating profit (loss) 9901 €89,776 -€23,028 -€112,804
Financial income 75/76B €1,374 €1,275 -€99 -7.2%
Recurring financial income 75 €1,374 €1,275 -€99 -7.2%
Financial charges 65/66B €2,481 €846 -€1,635 -65.9%
Recurring financial charges 65 €2,481 €846 -€1,635 -65.9%
Profit (loss) for the period before taxes 9903 €88,669 -€22,599 -€111,268
Income taxes 67/77 €18,002 - -€18,002
Profit (loss) for the period 9904 €70,667 -€22,599 -€93,266
Profit (loss) for the period to be appropriated 9905 €70,667 -€22,599 -€93,266

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 29 October 2026 via checked.be.