GrooveCode: what changed
Two fiscal 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.
GrooveCode
Largest movements
- Cash +€58,517
up €58,517 (+82.8%), from €70,701 to €129,218
mainly Net result for the year (+€63,310) and Deferred charges and accrued income (+€1,024)
- Receivables within one year +€3,787
up €3,787 (+39.1%), from €9,676 to €13,462
of which Trade receivables: +€2,216
- Reserves +€63,310
up €63,310 (+53.4%), from €118,506 to €181,816
- Gross operating margin +€2,572
up €2,572 (+3.3%), from €77,045 to €79,617
- Financial income +€1,193
up €1,193 (+132.8%), from €899 to €2,092
- Taxes +€916
up €916 (+6.0%), from €15,269 to €16,185
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.
Cash bridge derived
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 | €136,899 | €197,767 | +€60,867 | +44.5% |
| Fixed assets | 21/28 | €3,778 | €3,366 | -€412 | -10.9% |
| Tangible fixed assets | 22/27 | €3,778 | €3,366 | -€412 | -10.9% |
| Other tangible fixed assets | 26 | €3,778 | €3,366 | -€412 | -10.9% |
| Current assets | 29/58 | €133,121 | €194,400 | +€61,279 | +46.0% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,676 | €13,462 | +€3,787 | +39.1% |
| Trade receivables | 40 | €8,842 | €11,058 | +€2,216 | +25.1% |
| Other amounts receivable | 41 | €834 | €2,404 | +€1,571 | +188.5% |
| Cash at bank and in hand | 54/58 | €70,701 | €129,218 | +€58,517 | +82.8% |
| Deferred charges and accrued income | 490/1 | €2,745 | €1,720 | -€1,024 | -37.3% |
| Total equity and liabilities | 10/49 | €136,899 | €197,767 | +€60,867 | +44.5% |
| Equity | 10/15 | €120,506 | €183,816 | +€63,310 | +52.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €118,506 | €181,816 | +€63,310 | +53.4% |
| Distributable reserves | 133 | €118,506 | €181,816 | +€63,310 | +53.4% |
| Amounts payable | 17/49 | €16,393 | €13,951 | -€2,443 | -14.9% |
| Amounts payable within one year | 42/48 | €16,015 | €13,634 | -€2,382 | -14.9% |
| Trade debts | 44 | €1,804 | €591 | -€1,213 | -67.2% |
| Suppliers | 440/4 | €1,804 | €591 | -€1,213 | -67.2% |
| Taxes, remuneration and social security | 45 | €14,211 | €13,042 | -€1,169 | -8.2% |
| Taxes | 450/3 | €14,211 | €9,157 | -€5,054 | -35.6% |
| Remuneration and social security | 454/9 | - | €3,885 | +€3,885 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €378 | €317 | -€61 | -16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €338 | €412 | +€73 | +21.7% |
| Other operating charges | 640/8 | €727 | €922 | +€195 | +26.8% |
| Gross operating margin | 9900 | €77,045 | €79,617 | +€2,572 | +3.3% |
| Operating profit (loss) | 9901 | €75,980 | €78,284 | +€2,304 | +3.0% |
| Financial income | 75/76B | €899 | €2,092 | +€1,193 | +132.8% |
| Recurring financial income | 75 | €899 | €2,092 | +€1,193 | +132.8% |
| Financial charges | 65/66B | €1,240 | €881 | -€359 | -29.0% |
| Recurring financial charges | 65 | €1,240 | €881 | -€359 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €75,639 | €79,495 | +€3,856 | +5.1% |
| Income taxes | 67/77 | €15,269 | €16,185 | +€916 | +6.0% |
| Profit (loss) for the period | 9904 | €60,370 | €63,310 | +€2,941 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,370 | €63,310 | +€2,941 | +4.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.