GROOVIT: 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.
GROOVIT
Largest movements
- Tangible fixed assets -€54,019
down €54,019 (-13.3%), from €406,324 to €352,305
of which Furniture and vehicles: -€40,027
- Receivables within one year +€11,314
up €11,314 (+9.9%), from €114,689 to €126,002
of which Trade receivables: +€10,315
- Trade debts -€91,466
down €91,466 (-61.9%), from €147,674 to €56,208
- Tax, wage and social debts +€54,763
up €54,763 (+59.7%), from €91,766 to €146,529
of which Taxes: +€56,643
- Profit (loss) carried forward +€32,161
up €32,161 (+16.9%), from €190,800 to €222,960
- Debts after one year -€13,200
down €13,200 (-11.2%), from €118,133 to €104,933
- Other debts -€7,513
down €7,513 (-56.5%), from €13,293 to €5,780
- Gross operating margin +€70,940
up €70,940 (+33.9%), from €209,226 to €280,166
- Depreciation +€29,764
up €29,764 (+47.6%), from €62,590 to €92,353
- Other operating charges +€21,882
up €21,882 (+187%), from €11,676 to €33,558
- Write-downs -€9,379
down €9,379 (-94.6%), from €9,915 to €536
- Taxes +€4,533
up €4,533 (+21.0%), from €21,632 to €26,164
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 | €599,778 | €569,321 | -€30,458 | -5.1% |
| Fixed assets | 21/28 | €435,894 | €385,475 | -€50,419 | -11.6% |
| Tangible fixed assets | 22/27 | €406,324 | €352,305 | -€54,019 | -13.3% |
| Land and buildings | 22 | €248,977 | €235,225 | -€13,752 | -5.5% |
| Plant, machinery and equipment | 23 | €1,042 | €802 | -€240 | -23.0% |
| Furniture and vehicles | 24 | €156,305 | €116,278 | -€40,027 | -25.6% |
| Financial fixed assets | 28 | €29,570 | €33,170 | +€3,600 | +12.2% |
| Current assets | 29/58 | €163,884 | €183,846 | +€19,961 | +12.2% |
| Stocks and contracts in progress | 3 | €48,154 | €53,301 | +€5,147 | +10.7% |
| Stocks | 30/36 | €48,154 | €53,301 | +€5,147 | +10.7% |
| Amounts receivable within one year | 40/41 | €114,689 | €126,002 | +€11,314 | +9.9% |
| Trade receivables | 40 | €114,504 | €124,819 | +€10,315 | +9.0% |
| Other amounts receivable | 41 | €185 | €1,183 | +€998 | +541% |
| Cash at bank and in hand | 54/58 | €1,042 | €4,543 | +€3,501 | +336% |
| Total equity and liabilities | 10/49 | €599,778 | €569,321 | -€30,458 | -5.1% |
| Equity | 10/15 | €211,260 | €243,420 | +€32,161 | +15.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €190,800 | €222,960 | +€32,161 | +16.9% |
| Amounts payable | 17/49 | €388,519 | €325,900 | -€62,619 | -16.1% |
| Amounts payable after more than one year | 17 | €118,133 | €104,933 | -€13,200 | -11.2% |
| Financial debts | 170/4 | €118,133 | €104,933 | -€13,200 | -11.2% |
| Amounts payable within one year | 42/48 | €270,386 | €220,967 | -€49,419 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €17,652 | €12,450 | -€5,202 | -29.5% |
| Trade debts | 44 | €147,674 | €56,208 | -€91,466 | -61.9% |
| Suppliers | 440/4 | €147,674 | €56,208 | -€91,466 | -61.9% |
| Taxes, remuneration and social security | 45 | €91,766 | €146,529 | +€54,763 | +59.7% |
| Taxes | 450/3 | €66,803 | €123,446 | +€56,643 | +84.8% |
| Remuneration and social security | 454/9 | €24,963 | €23,083 | -€1,880 | -7.5% |
| Other amounts payable | 47/48 | €13,293 | €5,780 | -€7,513 | -56.5% |
| Remuneration, social security and pensions | 62 | €91,586 | €87,060 | -€4,527 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,590 | €92,353 | +€29,764 | +47.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,915 | €536 | -€9,379 | -94.6% |
| Other operating charges | 640/8 | €11,676 | €33,558 | +€21,882 | +187% |
| Gross operating margin | 9900 | €209,226 | €280,166 | +€70,940 | +33.9% |
| Operating profit (loss) | 9901 | €33,459 | €66,660 | +€33,201 | +99.2% |
| Financial income | 75/76B | €261 | €79 | -€183 | -70.0% |
| Recurring financial income | 75 | €261 | €79 | -€183 | -70.0% |
| Financial charges | 65/66B | €8,846 | €8,413 | -€433 | -4.9% |
| Recurring financial charges | 65 | €8,846 | €8,413 | -€433 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €24,875 | €58,325 | +€33,451 | +134% |
| Income taxes | 67/77 | €21,632 | €26,164 | +€4,533 | +21.0% |
| Profit (loss) for the period | 9904 | €3,243 | €32,161 | +€28,918 | +892% |
| Profit (loss) for the period to be appropriated | 9905 | €3,243 | €32,161 | +€28,918 | +892% |
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 14 October 2026 via checked.be.