Groep 1894: 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.
Groep 1894
Largest movements
- Receivables within one year +€68,147
up €68,147 (+2.8%), from €2.4m to €2.5m
of which Trade receivables: +€38,800
- Deferred charges and accrued income -€41,025
down €41,025 (-61.2%), from €67,084 to €26,059
- Debts after one year -€96,000
down €96,000 (-22.5%), from €427,338 to €331,338
- Current portion of long-term debt +€48,000
new in 2025: €48,000
- Accrued charges and deferred income +€40,000
new in 2025: €40,000
- Gross operating margin -€140,953
down €140,953 (-75.9%), from €185,812 to €44,859
- Financial charges -€14,609
down €14,609 (-47.9%), from €30,473 to €15,864
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 | €2,990,006 | €3,018,126 | +€28,120 | +0.9% |
| Fixed assets | 21/28 | €512,390 | €512,090 | -€300 | -0.1% |
| Tangible fixed assets | 22/27 | €373 | €73 | -€300 | -80.4% |
| Plant, machinery and equipment | 23 | €373 | €73 | -€300 | -80.4% |
| Financial fixed assets | 28 | €512,016 | €512,016 | = | 0.0% |
| Current assets | 29/58 | €2,477,616 | €2,506,037 | +€28,420 | +1.1% |
| Amounts receivable within one year | 40/41 | €2,409,858 | €2,478,005 | +€68,147 | +2.8% |
| Trade receivables | 40 | €1,731,660 | €1,770,460 | +€38,800 | +2.2% |
| Other amounts receivable | 41 | €678,198 | €707,545 | +€29,347 | +4.3% |
| Cash at bank and in hand | 54/58 | €675 | €1,973 | +€1,298 | +192% |
| Deferred charges and accrued income | 490/1 | €67,084 | €26,059 | -€41,025 | -61.2% |
| Total equity and liabilities | 10/49 | €2,990,006 | €3,018,126 | +€28,120 | +0.9% |
| Equity | 10/15 | €2,562,668 | €2,591,251 | +€28,583 | +1.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €2,487,668 | €2,516,251 | +€28,583 | +1.1% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €2,480,168 | €2,508,751 | +€28,583 | +1.2% |
| Amounts payable | 17/49 | €427,338 | €426,876 | -€463 | -0.1% |
| Amounts payable after more than one year | 17 | €427,338 | €331,338 | -€96,000 | -22.5% |
| Financial debts | 170/4 | €427,338 | €331,338 | -€96,000 | -22.5% |
| Amounts payable within one year | 42/48 | - | €55,537 | +€55,537 | |
| Current portion of amounts payable after more than one year | 42 | - | €48,000 | +€48,000 | |
| Taxes, remuneration and social security | 45 | - | €7,537 | +€7,537 | |
| Taxes | 450/3 | - | €7,537 | +€7,537 | |
| Accrued charges and deferred income | 492/3 | - | €40,000 | +€40,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €300 | = | 0.0% |
| Other operating charges | 640/8 | €62 | €112 | +€50 | +80.6% |
| Gross operating margin | 9900 | €185,812 | €44,859 | -€140,953 | -75.9% |
| Operating profit (loss) | 9901 | €185,450 | €44,447 | -€141,003 | -76.0% |
| Financial charges | 65/66B | €30,473 | €15,864 | -€14,609 | -47.9% |
| Recurring financial charges | 65 | €30,473 | €15,864 | -€14,609 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | €154,977 | €28,583 | -€126,394 | -81.6% |
| Profit (loss) for the period | 9904 | €154,977 | €28,583 | -€126,394 | -81.6% |
| Profit (loss) for the period to be appropriated | 9905 | €154,977 | €28,583 | -€126,394 | -81.6% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.