GROOVE ADVISORY: 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.
GROOVE ADVISORY
Largest movements
- Cash +€96,744
up €96,744 (+32.5%), from €297,363 to €394,107
mainly Net result for the year (+€137,144) and Depreciation (+€533)
- Receivables within one year +€27,020
up €27,020 (+73.3%), from €36,861 to €63,881
of which Other amounts receivable: +€25,701
- Deferred charges and accrued income +€6,578
new in 2025: €6,578
- Reserves +€137,144
up €137,144 (+50.9%), from €269,501 to €406,645
of which Distributable reserves: +€137,144
- Tax, wage and social debts -€6,597
down €6,597 (-11.0%), from €59,716 to €53,119
of which Taxes: -€6,597
- Gross operating margin -€18,293
down €18,293 (-9.5%), from €192,271 to €173,979
- Taxes -€3,918
down €3,918 (-9.1%), from €43,225 to €39,307
- Financial income +€2,793
up €2,793 (+296%), from €945 to €3,738
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 | €335,650 | €465,460 | +€129,809 | +38.7% |
| Fixed assets | 21/28 | €1,426 | €893 | -€533 | -37.3% |
| Tangible fixed assets | 22/27 | €1,426 | €893 | -€533 | -37.3% |
| Plant, machinery and equipment | 23 | €360 | €47 | -€313 | -86.9% |
| Furniture and vehicles | 24 | €1,066 | €846 | -€220 | -20.6% |
| Current assets | 29/58 | €334,224 | €464,566 | +€130,342 | +39.0% |
| Amounts receivable within one year | 40/41 | €36,861 | €63,881 | +€27,020 | +73.3% |
| Trade receivables | 40 | €27,697 | €29,016 | +€1,319 | +4.8% |
| Other amounts receivable | 41 | €9,164 | €34,865 | +€25,701 | +280% |
| Cash at bank and in hand | 54/58 | €297,363 | €394,107 | +€96,744 | +32.5% |
| Deferred charges and accrued income | 490/1 | - | €6,578 | +€6,578 | |
| Total equity and liabilities | 10/49 | €335,650 | €465,460 | +€129,809 | +38.7% |
| Equity | 10/15 | €274,501 | €411,645 | +€137,144 | +50.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €269,501 | €406,645 | +€137,144 | +50.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €269,501 | €406,645 | +€137,144 | +50.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €61,149 | €53,814 | -€7,335 | -12.0% |
| Amounts payable within one year | 42/48 | €61,149 | €53,814 | -€7,335 | -12.0% |
| Trade debts | 44 | €1,434 | €696 | -€738 | -51.5% |
| Suppliers | 440/4 | €1,434 | €696 | -€738 | -51.5% |
| Taxes, remuneration and social security | 45 | €59,716 | €53,119 | -€6,597 | -11.0% |
| Taxes | 450/3 | €56,866 | €50,269 | -€6,597 | -11.6% |
| Remuneration and social security | 454/9 | €2,850 | €2,850 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €346 | €533 | +€186 | +53.8% |
| Other operating charges | 640/8 | €453 | €501 | +€49 | +10.7% |
| Gross operating margin | 9900 | €192,271 | €173,979 | -€18,293 | -9.5% |
| Operating profit (loss) | 9901 | €191,472 | €172,945 | -€18,528 | -9.7% |
| Financial income | 75/76B | €945 | €3,738 | +€2,793 | +296% |
| Recurring financial income | 75 | €945 | €3,738 | +€2,793 | +296% |
| Financial charges | 65/66B | €96 | €232 | +€136 | +142% |
| Recurring financial charges | 65 | €96 | €232 | +€136 | +142% |
| Profit (loss) for the period before taxes | 9903 | €192,322 | €176,451 | -€15,870 | -8.3% |
| Income taxes | 67/77 | €43,225 | €39,307 | -€3,918 | -9.1% |
| Profit (loss) for the period | 9904 | €149,097 | €137,144 | -€11,952 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €149,097 | €137,144 | -€11,952 | -8.0% |
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 1 November 2026 via checked.be.