GROOVELAB: 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.
GROOVELAB
Largest movements
- Cash +€13,258
up €13,258 (+266.5%), from €4,975 to €18,233
mainly Net result for the year (+€7,547) and Depreciation (+€5,601)
- Financial fixed assets -€5,075
down €5,075 (-58.8%), from €8,632 to €3,557
- Tangible fixed assets -€3,805
down €3,805 (-41.2%), from €9,228 to €5,423
- Receivables within one year +€738
up €738 (+2.5%), from €29,377 to €30,115
of which Other amounts receivable: +€6,808
- Profit (loss) carried forward +€52,638
up €52,638, from -€45,091 to €7,547
- Reserves -€45,091
down €45,091 (-66.8%), from €67,499 to €22,408
of which Distributable reserves: -€45,091
- Advances received -€4,139
no longer reported in 2025 (was €4,139)
- Trade debts +€3,268
new in 2025: €3,268
- Other debts -€1,680
down €1,680 (-15.2%), from €11,049 to €9,369
- Turnover +€9,325
up €9,325 (+7.4%), from €126,535 to €135,860
- Purchases and services +€6,175
up €6,175 (+5.4%), from €115,200 to €121,375
- Other operating charges -€4,693
down €4,693 (-74.6%), from €6,288 to €1,595
- Depreciation -€3,351
down €3,351 (-37.4%), from €8,952 to €5,601
- Gross operating margin +€3,150
up €3,150 (+27.8%), from €11,335 to €14,485
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 | €52,212 | €57,328 | +€5,116 | +9.8% |
| Fixed assets | 21/28 | €17,860 | €8,980 | -€8,880 | -49.7% |
| Tangible fixed assets | 22/27 | €9,228 | €5,423 | -€3,805 | -41.2% |
| Plant, machinery and equipment | 23 | €4,138 | €3,453 | -€685 | -16.6% |
| Furniture and vehicles | 24 | €2,815 | €1,202 | -€1,613 | -57.3% |
| Assets under construction and advance payments | 27 | €2,275 | €768 | -€1,507 | -66.2% |
| Financial fixed assets | 28 | €8,632 | €3,557 | -€5,075 | -58.8% |
| Current assets | 29/58 | €34,352 | €48,348 | +€13,996 | +40.7% |
| Amounts receivable within one year | 40/41 | €29,377 | €30,115 | +€738 | +2.5% |
| Trade receivables | 40 | €20,682 | €14,612 | -€6,070 | -29.3% |
| Other amounts receivable | 41 | €8,695 | €15,503 | +€6,808 | +78.3% |
| Cash at bank and in hand | 54/58 | €4,975 | €18,233 | +€13,258 | +266.5% |
| Total equity and liabilities | 10/49 | €52,212 | €57,328 | +€5,116 | +9.8% |
| Equity | 10/15 | €30,013 | €37,560 | +€7,547 | +25.1% |
| Contributions | 10/11 | €7,605 | €7,605 | = | 0.0% |
| Reserves | 13 | €67,499 | €22,408 | -€45,091 | -66.8% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €65,499 | €20,408 | -€45,091 | -68.8% |
| Profit (loss) carried forward | 14 | -€45,091 | €7,547 | +€52,638 | |
| Amounts payable | 17/49 | €22,199 | €19,768 | -€2,431 | -11.0% |
| Amounts payable within one year | 42/48 | €22,199 | €19,768 | -€2,431 | -11.0% |
| Trade debts | 44 | - | €3,268 | +€3,268 | |
| Suppliers | 440/4 | - | €3,268 | +€3,268 | |
| Advances received on contracts in progress | 46 | €4,139 | - | -€4,139 | |
| Taxes, remuneration and social security | 45 | €7,011 | €7,131 | +€120 | +1.7% |
| Taxes | 450/3 | €4,261 | €4,357 | +€96 | +2.3% |
| Remuneration and social security | 454/9 | €2,750 | €2,774 | +€24 | +0.9% |
| Other amounts payable | 47/48 | €11,049 | €9,369 | -€1,680 | -15.2% |
| Turnover | 70 | €126,535 | €135,860 | +€9,325 | +7.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €115,200 | €121,375 | +€6,175 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,952 | €5,601 | -€3,351 | -37.4% |
| Other operating charges | 640/8 | €6,288 | €1,595 | -€4,693 | -74.6% |
| Gross operating margin | 9900 | €11,335 | €14,485 | +€3,150 | +27.8% |
| Operating profit (loss) | 9901 | -€3,905 | €7,289 | +€11,194 | |
| Financial income | 75/76B | €858 | €788 | -€70 | -8.2% |
| Recurring financial income | 75 | €858 | €788 | -€70 | -8.2% |
| Financial charges | 65/66B | €741 | €277 | -€464 | -62.6% |
| Recurring financial charges | 65 | €741 | €277 | -€464 | -62.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,788 | €7,800 | +€11,588 | |
| Income taxes | 67/77 | €588 | €253 | -€335 | -57.0% |
| Profit (loss) for the period | 9904 | -€4,376 | €7,547 | +€11,923 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,376 | €7,547 | +€11,923 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.