Grisons
Annual accounts 2025
abbreviated format, filed on 31-08-2026, 31 days lateTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance sheet
balance sheet total €413,419 on 31-12-2025in euro
in euro
Position in the sector
36.3%
Higher than 37% of 7,180 companies in 2025.
2.5%
Higher than 42% of 7,142 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2022 | 202114 months |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
413,419 | 415,543 | 445,461 | 432,526 | |
21/28 |
406,562 | 406,563 | 408,440 | 409,486 | |
22/27 |
- | - | 1,877 | 2,923 | |
24 |
- | - | 1,877 | 2,923 | |
28 |
406,562 | 406,563 | 406,563 | 406,563 | |
29/58 |
6,857 | 8,980 | 37,021 | 23,040 | |
40/41 |
2,905 | 2,935 | 11,574 | 3,639 | |
40 |
447 | 927 | 10,001 | 3,639 | |
41 |
2,458 | 2,008 | 1,573 | - | |
54/58 |
2,803 | 5,749 | 25,169 | 19,081 | |
490/1 |
1,149 | 296 | 278 | 320 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
413,419 | 415,543 | 445,461 | 432,526 | |
10/15 |
150,197 | 140,067 | 129,835 | 117,158 | |
10/11 |
100,000 | 100,000 | 100,000 | 100,000 | |
13 |
50,197 | 40,067 | 29,835 | 17,158 | |
133 |
50,197 | 40,067 | 29,835 | 17,158 | |
17/49 |
263,222 | 275,476 | 315,626 | 315,368 | |
17 |
210,973 | 142,995 | 214,484 | 247,401 | |
170/4 |
53,390 | 89,412 | 160,901 | 195,818 | |
176 |
104,000 | - | - | - | |
178/9 |
53,583 | 53,583 | 53,583 | 51,583 | |
42/48 |
52,249 | 132,481 | 101,142 | 67,967 | |
42 |
36,023 | 36,023 | 34,917 | 34,376 | |
44 |
464 | 71,283 | 38,814 | 687 | |
440/4 |
464 | 71,283 | 38,814 | 687 | |
45 |
11,618 | 20,879 | 17,423 | 23,003 | |
450/3 |
10,446 | 17,735 | 16,421 | 17,753 | |
454/9 |
1,172 | 3,144 | 1,002 | 5,250 | |
47/48 |
4,144 | 4,296 | 9,988 | 9,901 | |
| Income statement | |||||
9900 |
21,488 | 22,421 | 24,666 | 28,015 | |
630 |
- | 831 | 1,046 | 215 | |
640/8 |
3,699 | 1,676 | 1,703 | 702 | |
9901 |
17,789 | 19,914 | 21,917 | 27,098 | |
75/76B |
- | - | - | 15 | |
75 |
- | - | - | 15 | |
65/66B |
4,198 | 4,713 | 5,624 | 5,540 | |
65 |
4,198 | 4,713 | 5,624 | 5,540 | |
9903 |
13,591 | 15,201 | 16,293 | 21,573 | |
67/77 |
3,461 | 4,635 | 3,616 | 4,415 | |
9904 |
10,130 | 10,566 | 12,677 | 17,158 | |
9905 |
10,130 | 10,566 | 12,677 | 17,158 | |
| Appropriation of the result | |||||
9906 |
10,130 | 10,566 | 12,677 | 17,158 | |
691/2 |
10,130 | 10,566 | 12,677 | 17,158 | |
6921 |
10,130 | 10,566 | 12,677 | 17,158 | |
| Document | |||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00506824.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2022 | 202114 months |
|---|---|---|---|---|---|
| - | - | 0 | 409,701 | ||
| -2,946 | - | 6,088 | - | ||
| 36.3% | 33.7% | 29.1% | 27.1% | ||
| 6.7% | 7.5% | 9.8% | 14.6% | ||
| 2.5% | 2.5% | 2.8% | 4.0% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €3,138 |
| Financial fixed assets | - | - | - | €406,563 |
| - | €831 | €1,046 | €215 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Grisons
The operating result for 2025 is 11% lower than in 2024 and the lowest since 2021.
Debt's share of the balance-sheet total falls from 66.3% to 63.7%. Equity is higher and debt is lower.