GROEP ANDRIES: 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
GROEP ANDRIES
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3,098
2024 · €91,749-€88,650
Equity
€5.2m
2024 · €5.2m+€3,098
Cash
€52,906
2024 · €30,022+€22,885
Balance sheet total
€6.1m
2024 · €5.9m+€168,369
Largest movements
Assets
- Receivables within one year +€77,213
up €77,213 (+10.7%), from €722,346 to €799,559
of which Other amounts receivable: +€78,908
- Tangible fixed assets +€67,362
up €67,362, from €0 to €67,362
Equity and liabilities
- Other debts +€111,800
up €111,800 (+17.1%), from €654,789 to €766,589
Income statement
- Financial income -€101,757
down €101,757 (-82.8%), from €122,966 to €21,210
- Gross operating margin +€40,478
up €40,478 (+71.2%), from €56,817 to €97,295
- Staff costs +€25,667
up €25,667 (+54.2%), from €47,391 to €73,058
- Depreciation +€17,034
up €17,034 (+3,195%), from €533 to €17,568
- Taxes -€8,370
down €8,370 (-78.4%), from €10,681 to €2,311
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.
Result 2024
€91,749
Gross operating margin
+€40,478
Staff costs
-€25,667
Depreciation
-€17,034
Other operating charges
-€64
Financial income
-€101,757
Financial charges
+€7,023
Taxes
+€8,370
Result 2025
€3,098
raises the resultlowers the result
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.
From operations
+€38,074
Investment
-€84,930
Financing
+€69,741
Cash 2024
€30,022
From operations (derived)
+€38,074
Net result for the year
+€3,098
Depreciation
+€17,568
Receivables within one year
-€77,213
Deferred charges and accrued income
-€910
Trade debts
-€8,655
Tax, wage and social debts
-€2,313
Other debts
+€111,800
Accrued charges and deferred income
-€5,301
Investment (derived)
-€84,930
Investment in fixed assets (net)
-€84,930
Financing
+€69,741
Debts after one year
+€48,972
Current portion of long-term debt
+€20,769
Cash 2025
€52,906
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,931,298 | €6,099,668 | +€168,369 | +2.8% |
| Fixed assets | 21/28 | €5,162,571 | €5,229,933 | +€67,362 | +1.3% |
| Tangible fixed assets | 22/27 | €0 | €67,362 | +€67,362 | |
| Furniture and vehicles | 24 | €0 | €67,362 | +€67,362 | |
| Financial fixed assets | 28 | €5,162,571 | €5,162,571 | = | 0.0% |
| Current assets | 29/58 | €768,727 | €869,735 | +€101,007 | +13.1% |
| Amounts receivable within one year | 40/41 | €722,346 | €799,559 | +€77,213 | +10.7% |
| Trade receivables | 40 | €49,628 | €47,933 | -€1,695 | -3.4% |
| Other amounts receivable | 41 | €672,718 | €751,626 | +€78,908 | +11.7% |
| Cash at bank and in hand | 54/58 | €30,022 | €52,906 | +€22,885 | +76.2% |
| Deferred charges and accrued income | 490/1 | €16,360 | €17,269 | +€910 | +5.6% |
| Total equity and liabilities | 10/49 | €5,931,298 | €6,099,668 | +€168,369 | +2.8% |
| Equity | 10/15 | €5,222,869 | €5,225,968 | +€3,098 | +0.1% |
| Contributions | 10/11 | €4,355,000 | €4,355,000 | = | 0.0% |
| Capital | 10 | €4,355,000 | €4,355,000 | = | 0.0% |
| Issued capital | 100 | €4,355,000 | €4,355,000 | = | 0.0% |
| Reserves | 13 | €866,413 | €869,511 | +€3,098 | +0.4% |
| Non-distributable reserves | 130/1 | €47,900 | €48,100 | +€200 | +0.4% |
| Legal reserve | 130 | €47,900 | €48,100 | +€200 | +0.4% |
| Distributable reserves | 133 | €818,513 | €821,411 | +€2,898 | +0.4% |
| Profit (loss) carried forward | 14 | €1,456 | €1,456 | = | 0.0% |
| Amounts payable | 17/49 | €708,429 | €873,700 | +€165,271 | +23.3% |
| Amounts payable after more than one year | 17 | - | €48,972 | +€48,972 | |
| Financial debts | 170/4 | - | €48,972 | +€48,972 | |
| Amounts payable within one year | 42/48 | €689,287 | €810,888 | +€121,600 | +17.6% |
| Current portion of amounts payable after more than one year | 42 | - | €20,769 | +€20,769 | |
| Trade debts | 44 | €14,675 | €6,019 | -€8,655 | -59.0% |
| Suppliers | 440/4 | €14,675 | €6,019 | -€8,655 | -59.0% |
| Taxes, remuneration and social security | 45 | €19,823 | €17,511 | -€2,313 | -11.7% |
| Taxes | 450/3 | €14,448 | €5,940 | -€8,508 | -58.9% |
| Remuneration and social security | 454/9 | €5,375 | €11,571 | +€6,196 | +115% |
| Other amounts payable | 47/48 | €654,789 | €766,589 | +€111,800 | +17.1% |
| Accrued charges and deferred income | 492/3 | €19,141 | €13,840 | -€5,301 | -27.7% |
| Remuneration, social security and pensions | 62 | €47,391 | €73,058 | +€25,667 | +54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €533 | €17,568 | +€17,034 | +3,195% |
| Other operating charges | 640/8 | €1,101 | €1,165 | +€64 | +5.8% |
| Gross operating margin | 9900 | €56,817 | €97,295 | +€40,478 | +71.2% |
| Operating profit (loss) | 9901 | €7,791 | €5,505 | -€2,287 | -29.3% |
| Financial income | 75/76B | €122,966 | €21,210 | -€101,757 | -82.8% |
| Recurring financial income | 75 | €122,966 | €21,210 | -€101,757 | -82.8% |
| Financial charges | 65/66B | €28,328 | €21,305 | -€7,023 | -24.8% |
| Recurring financial charges | 65 | €28,328 | €21,305 | -€7,023 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €102,430 | €5,409 | -€97,020 | -94.7% |
| Income taxes | 67/77 | €10,681 | €2,311 | -€8,370 | -78.4% |
| Profit (loss) for the period | 9904 | €91,749 | €3,098 | -€88,650 | -96.6% |
| Profit (loss) for the period to be appropriated | 9905 | €91,749 | €3,098 | -€88,650 | -96.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.