GROOVEMASTER: 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.
GROOVEMASTER
Largest movements
- Cash -€5,609
down €5,609 (-8.7%), from €64,304 to €58,696
mainly Contributions, distributions and other (-€41,747) and Current investments (-€3,383)
- Current investments +€3,383
up €3,383 (+1.6%), from €214,276 to €217,659
- Tax, wage and social debts +€3,721
up €3,721 (+86.8%), from €4,285 to €8,006
- Reserves -€3,718
down €3,718 (-1.3%), from €287,568 to €283,850
- Gross operating margin -€14,814
down €14,814 (-21.4%), from €69,274 to €54,460
- Taxes -€4,208
down €4,208 (-18.6%), from €22,675 to €18,467
- Financial income +€1,455
up €1,455 (+49.8%), from €2,924 to €4,379
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 | €297,596 | €296,471 | -€1,124 | -0.4% |
| Fixed assets | 21/28 | €2,751 | €2,052 | -€700 | -25.4% |
| Tangible fixed assets | 22/27 | €2,681 | €1,982 | -€700 | -26.1% |
| Plant, machinery and equipment | 23 | €1,083 | €464 | -€620 | -57.2% |
| Furniture and vehicles | 24 | €1,598 | €1,518 | -€80 | -5.0% |
| Financial fixed assets | 28 | €70 | €70 | = | 0.0% |
| Current assets | 29/58 | €294,845 | €294,420 | -€425 | -0.1% |
| Amounts receivable within one year | 40/41 | €13,027 | €13,156 | +€128 | +1.0% |
| Trade receivables | 40 | €12,942 | €13,156 | +€214 | +1.7% |
| Other amounts receivable | 41 | €85 | - | -€85 | |
| Current investments | 50/53 | €214,276 | €217,659 | +€3,383 | +1.6% |
| Cash at bank and in hand | 54/58 | €64,304 | €58,696 | -€5,609 | -8.7% |
| Deferred charges and accrued income | 490/1 | €3,236 | €4,909 | +€1,673 | +51.7% |
| Total equity and liabilities | 10/49 | €297,596 | €296,471 | -€1,124 | -0.4% |
| Equity | 10/15 | €287,578 | €283,860 | -€3,718 | -1.3% |
| Contributions | 10/11 | €10 | €10 | = | 0.0% |
| Reserves | 13 | €287,568 | €283,850 | -€3,718 | -1.3% |
| Distributable reserves | 133 | €287,568 | €283,850 | -€3,718 | -1.3% |
| Amounts payable | 17/49 | €10,018 | €12,611 | +€2,593 | +25.9% |
| Amounts payable within one year | 42/48 | €10,018 | €12,611 | +€2,593 | +25.9% |
| Trade debts | 44 | €767 | €767 | +€0 | 0.0% |
| Suppliers | 440/4 | €767 | €767 | +€0 | 0.0% |
| Taxes, remuneration and social security | 45 | €4,285 | €8,006 | +€3,721 | +86.8% |
| Taxes | 450/3 | €4,285 | €8,006 | +€3,721 | +86.8% |
| Other amounts payable | 47/48 | €4,966 | €3,838 | -€1,128 | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,775 | €1,757 | -€18 | -1.0% |
| Other operating charges | 640/8 | €792 | €585 | -€207 | -26.1% |
| Gross operating margin | 9900 | €69,274 | €54,460 | -€14,814 | -21.4% |
| Operating profit (loss) | 9901 | €66,707 | €52,118 | -€14,589 | -21.9% |
| Financial income | 75/76B | €2,924 | €4,379 | +€1,455 | +49.8% |
| Recurring financial income | 75 | €2,924 | €4,379 | +€1,455 | +49.8% |
| Financial charges | 65/66B | €8 | €1 | -€7 | -90.4% |
| Recurring financial charges | 65 | €8 | €1 | -€7 | -90.4% |
| Profit (loss) for the period before taxes | 9903 | €69,623 | €56,496 | -€13,127 | -18.9% |
| Income taxes | 67/77 | €22,675 | €18,467 | -€4,208 | -18.6% |
| Profit (loss) for the period | 9904 | €46,948 | €38,029 | -€8,919 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,948 | €38,029 | -€8,919 | -19.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.