GROOVEERING: 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.
GROOVEERING
Largest movements
- Cash +€28,277
up €28,277 (+47.3%), from €59,752 to €88,029
mainly Net result for the year (+€39,742) and Debts after one year (+€9,764)
- Tangible fixed assets +€25,941
up €25,941 (+953%), from €2,723 to €28,664
- Receivables within one year -€9,005
down €9,005 (-50.8%), from €17,738 to €8,733
of which Trade receivables: -€10,213
- Receivables after one year +€5,000
new in 2025: €5,000
- Profit (loss) carried forward +€39,742
up €39,742 (+66.9%), from €59,420 to €99,162
- Debts after one year +€9,764
new in 2025: €9,764
- Current portion of long-term debt +€4,840
new in 2025: €4,840
- Other debts -€4,297
down €4,297 (-59.7%), from €7,199 to €2,902
- Staff costs +€23,531
new in 2025: €23,531
- Taxes -€4,587
down €4,587 (-29.8%), from €15,379 to €10,792
- Depreciation +€1,535
up €1,535 (+82.6%), from €1,858 to €3,393
- Financial charges -€936
down €936 (-36.8%), from €2,541 to €1,605
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 | €80,964 | €131,455 | +€50,492 | +62.4% |
| Fixed assets | 21/28 | €2,777 | €28,874 | +€26,097 | +940% |
| Tangible fixed assets | 22/27 | €2,723 | €28,664 | +€25,941 | +953% |
| Furniture and vehicles | 24 | €2,723 | €28,664 | +€25,941 | +953% |
| Financial fixed assets | 28 | €54 | €210 | +€156 | +287% |
| Current assets | 29/58 | €78,187 | €102,581 | +€24,395 | +31.2% |
| Amounts receivable after more than one year | 29 | - | €5,000 | +€5,000 | |
| Other amounts receivable | 291 | - | €5,000 | +€5,000 | |
| Amounts receivable within one year | 40/41 | €17,738 | €8,733 | -€9,005 | -50.8% |
| Trade receivables | 40 | €17,738 | €7,525 | -€10,213 | -57.6% |
| Other amounts receivable | 41 | - | €1,208 | +€1,208 | |
| Cash at bank and in hand | 54/58 | €59,752 | €88,029 | +€28,277 | +47.3% |
| Deferred charges and accrued income | 490/1 | €697 | €819 | +€123 | +17.6% |
| Total equity and liabilities | 10/49 | €80,964 | €131,455 | +€50,492 | +62.4% |
| Equity | 10/15 | €64,420 | €104,162 | +€39,742 | +61.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,420 | €99,162 | +€39,742 | +66.9% |
| Amounts payable | 17/49 | €16,544 | €27,294 | +€10,749 | +65.0% |
| Amounts payable after more than one year | 17 | - | €9,764 | +€9,764 | |
| Financial debts | 170/4 | - | €9,764 | +€9,764 | |
| Amounts payable within one year | 42/48 | €16,544 | €17,530 | +€986 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | - | €4,840 | +€4,840 | |
| Trade debts | 44 | €936 | €1,233 | +€296 | +31.6% |
| Suppliers | 440/4 | €936 | €1,233 | +€296 | +31.6% |
| Taxes, remuneration and social security | 45 | €8,408 | €8,555 | +€146 | +1.7% |
| Taxes | 450/3 | €8,408 | €5,679 | -€2,729 | -32.5% |
| Remuneration and social security | 454/9 | - | €2,875 | +€2,875 | |
| Other amounts payable | 47/48 | €7,199 | €2,902 | -€4,297 | -59.7% |
| Remuneration, social security and pensions | 62 | - | €23,531 | +€23,531 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,858 | €3,393 | +€1,535 | +82.6% |
| Other operating charges | 640/8 | €1,031 | €1,349 | +€318 | +30.9% |
| Gross operating margin | 9900 | €80,219 | €80,404 | +€185 | +0.2% |
| Operating profit (loss) | 9901 | €77,331 | €52,131 | -€25,200 | -32.6% |
| Financial income | 75/76B | €9 | €8 | -€1 | -8.0% |
| Recurring financial income | 75 | €9 | €8 | -€1 | -8.0% |
| Financial charges | 65/66B | €2,541 | €1,605 | -€936 | -36.8% |
| Recurring financial charges | 65 | €2,541 | €1,605 | -€936 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €74,799 | €50,534 | -€24,265 | -32.4% |
| Income taxes | 67/77 | €15,379 | €10,792 | -€4,587 | -29.8% |
| Profit (loss) for the period | 9904 | €59,420 | €39,742 | -€19,677 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,420 | €39,742 | -€19,677 | -33.1% |
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 18 October 2026 via checked.be.