N.A.D. Groot Management: 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.
N.A.D. Groot Management
Largest movements
- Receivables within one year +€99,199
up €99,199 (+85.4%), from €116,191 to €215,391
of which Other amounts receivable: +€80,505
- Cash -€7,476
down €7,476 (-31.3%), from €23,924 to €16,447
mainly Receivables within one year (-€99,199) and Accrued charges and deferred income (-€400)
- Profit (loss) carried forward +€83,936
up €83,936 (+20,758%), from €404 to €84,340
- Tax, wage and social debts +€7,291
up €7,291 (+21.1%), from €34,611 to €41,902
- Gross operating margin +€12,917
up €12,917 (+15.4%), from €84,093 to €97,010
- Financial income +€4,957
up €4,957 (+141%), from €3,521 to €8,478
- Taxes +€4,024
up €4,024 (+23.2%), from €17,356 to €21,380
- Depreciation -€1,000
no longer reported in 2025 (was €1,000)
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 | €140,115 | €231,838 | +€91,723 | +65.5% |
| Current assets | 29/58 | €140,115 | €231,838 | +€91,723 | +65.5% |
| Amounts receivable within one year | 40/41 | €116,191 | €215,391 | +€99,199 | +85.4% |
| Trade receivables | 40 | - | €18,694 | +€18,694 | |
| Other amounts receivable | 41 | €116,191 | €196,697 | +€80,505 | +69.3% |
| Cash at bank and in hand | 54/58 | €23,924 | €16,447 | -€7,476 | -31.3% |
| Total equity and liabilities | 10/49 | €140,115 | €231,838 | +€91,723 | +65.5% |
| Equity | 10/15 | €105,104 | €189,040 | +€83,936 | +79.9% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Contributions outside capital | 11 | €1,200 | €1,200 | = | 0.0% |
| Other | 1109/19 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €103,500 | €103,500 | = | 0.0% |
| Distributable reserves | 133 | €103,500 | €103,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €404 | €84,340 | +€83,936 | +20,758% |
| Amounts payable | 17/49 | €35,011 | €42,798 | +€7,787 | +22.2% |
| Amounts payable within one year | 42/48 | €34,611 | €42,798 | +€8,187 | +23.7% |
| Trade debts | 44 | - | €896 | +€896 | |
| Suppliers | 440/4 | - | €896 | +€896 | |
| Taxes, remuneration and social security | 45 | €34,611 | €41,902 | +€7,291 | +21.1% |
| Taxes | 450/3 | €34,611 | €41,902 | +€7,291 | +21.1% |
| Accrued charges and deferred income | 492/3 | €400 | - | -€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | - | -€1,000 | |
| Gross operating margin | 9900 | €84,093 | €97,010 | +€12,917 | +15.4% |
| Operating profit (loss) | 9901 | €83,093 | €97,010 | +€13,917 | +16.7% |
| Financial income | 75/76B | €3,521 | €8,478 | +€4,957 | +141% |
| Recurring financial income | 75 | €3,521 | €8,478 | +€4,957 | +141% |
| Financial charges | 65/66B | €142 | €171 | +€29 | +20.7% |
| Recurring financial charges | 65 | €142 | €171 | +€29 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €86,472 | €105,316 | +€18,845 | +21.8% |
| Income taxes | 67/77 | €17,356 | €21,380 | +€4,024 | +23.2% |
| Profit (loss) for the period | 9904 | €69,115 | €83,936 | +€14,821 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €69,115 | €83,936 | +€14,821 | +21.4% |
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 30 October 2026 via checked.be.