ANDROMEDA GROEP: 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.
ANDROMEDA GROEP
Largest movements
- Tangible fixed assets +€46,795
up €46,795 (+26.1%), from €179,500 to €226,295
of which Furniture and vehicles: +€46,795
- Cash +€7,866
up €7,866 (+4.9%), from €161,086 to €168,952
mainly Net result for the year (+€59,113) and Other debts (+€43,406)
- Receivables within one year +€4,439
up €4,439 (+163%), from €2,722 to €7,161
- Other debts +€43,406
up €43,406 (+1,329%), from €3,266 to €46,672
- Debts after one year +€26,732
new in 2025: €26,732
- Reserves -€23,389
down €23,389 (-7.3%), from €321,498 to €298,109
of which Distributable reserves: -€23,389
- Current portion of long-term debt +€7,674
up €7,674, from €0 to €7,674
- Tax, wage and social debts +€4,676
up €4,676 (+77.2%), from €6,054 to €10,730
- Depreciation +€9,205
new in 2025: €9,205
- Gross operating margin +€5,296
up €5,296 (+6.0%), from €87,946 to €93,242
- Taxes -€1,305
down €1,305 (-5.2%), from €25,230 to €23,925
- Financial charges +€1,101
up €1,101 (+1,184%), from €93 to €1,194
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 | €343,308 | €402,407 | +€59,099 | +17.2% |
| Fixed assets | 21/28 | €179,500 | €226,295 | +€46,795 | +26.1% |
| Tangible fixed assets | 22/27 | €179,500 | €226,295 | +€46,795 | +26.1% |
| Land and buildings | 22 | €160,000 | €160,000 | = | 0.0% |
| Furniture and vehicles | 24 | €19,500 | €66,295 | +€46,795 | +240% |
| Current assets | 29/58 | €163,808 | €176,113 | +€12,305 | +7.5% |
| Amounts receivable within one year | 40/41 | €2,722 | €7,161 | +€4,439 | +163% |
| Other amounts receivable | 41 | €2,722 | €7,161 | +€4,439 | +163% |
| Cash at bank and in hand | 54/58 | €161,086 | €168,952 | +€7,866 | +4.9% |
| Total equity and liabilities | 10/49 | €343,308 | €402,407 | +€59,099 | +17.2% |
| Equity | 10/15 | €333,898 | €310,509 | -€23,389 | -7.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €321,498 | €298,109 | -€23,389 | -7.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €319,638 | €296,249 | -€23,389 | -7.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €9,410 | €91,899 | +€82,489 | +877% |
| Amounts payable after more than one year | 17 | - | €26,732 | +€26,732 | |
| Financial debts | 170/4 | - | €26,732 | +€26,732 | |
| Amounts payable within one year | 42/48 | €9,410 | €65,166 | +€55,756 | +593% |
| Current portion of amounts payable after more than one year | 42 | €0 | €7,674 | +€7,674 | |
| Trade debts | 44 | €90 | €90 | = | 0.0% |
| Suppliers | 440/4 | €90 | €90 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,054 | €10,730 | +€4,676 | +77.2% |
| Taxes | 450/3 | €6,054 | €10,730 | +€4,676 | +77.2% |
| Other amounts payable | 47/48 | €3,266 | €46,672 | +€43,406 | +1,329% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,205 | +€9,205 | |
| Other operating charges | 640/8 | €1,232 | €809 | -€422 | -34.3% |
| Gross operating margin | 9900 | €87,946 | €93,242 | +€5,296 | +6.0% |
| Operating profit (loss) | 9901 | €86,715 | €83,227 | -€3,488 | -4.0% |
| Financial income | 75/76B | €814 | €1,005 | +€191 | +23.4% |
| Recurring financial income | 75 | €814 | €1,005 | +€191 | +23.4% |
| Financial charges | 65/66B | €93 | €1,194 | +€1,101 | +1,184% |
| Recurring financial charges | 65 | €93 | €1,194 | +€1,101 | +1,184% |
| Profit (loss) for the period before taxes | 9903 | €87,436 | €83,038 | -€4,398 | -5.0% |
| Income taxes | 67/77 | €25,230 | €23,925 | -€1,305 | -5.2% |
| Profit (loss) for the period | 9904 | €62,206 | €59,113 | -€3,093 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,206 | €59,113 | -€3,093 | -5.0% |
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 25 October 2026 via checked.be.