2GRIPS: 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.
2GRIPS
Largest movements
- Cash -€730,567
down €730,567 (-66.1%), from €1.1m to €374,327
mainly Receivables within one year (-€453,918) and Other debts (-€160,000)
- Receivables within one year +€453,918
up €453,918 (+59.1%), from €768,467 to €1.2m
of which Trade receivables: +€453,957
- Other debts -€160,000
down €160,000 (-80.0%), from €200,016 to €40,016
- Tax, wage and social debts -€102,554
down €102,554 (-29.5%), from €347,532 to €244,978
of which Taxes: -€111,806
- Gross operating margin -€340,263
down €340,263 (-25.8%), from €1.3m to €980,785
- Taxes -€94,117
down €94,117 (-76.7%), from €122,630 to €28,513
- Staff costs +€26,285
up €26,285 (+3.1%), from €846,861 to €873,146
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 | €1,909,205 | €1,647,470 | -€261,735 | -13.7% |
| Fixed assets | 21/28 | €21,072 | €31,646 | +€10,574 | +50.2% |
| Tangible fixed assets | 22/27 | €19,544 | €30,118 | +€10,574 | +54.1% |
| Plant, machinery and equipment | 23 | €14,043 | €25,420 | +€11,377 | +81.0% |
| Furniture and vehicles | 24 | €5,501 | €4,698 | -€803 | -14.6% |
| Financial fixed assets | 28 | €1,528 | €1,528 | = | 0.0% |
| Current assets | 29/58 | €1,888,133 | €1,615,824 | -€272,309 | -14.4% |
| Amounts receivable within one year | 40/41 | €768,467 | €1,222,385 | +€453,918 | +59.1% |
| Trade receivables | 40 | €768,428 | €1,222,385 | +€453,957 | +59.1% |
| Other amounts receivable | 41 | €39 | - | -€39 | |
| Current investments | 50/53 | €3,220 | €12,720 | +€9,500 | +295.0% |
| Cash at bank and in hand | 54/58 | €1,104,894 | €374,327 | -€730,567 | -66.1% |
| Deferred charges and accrued income | 490/1 | €11,552 | €6,392 | -€5,160 | -44.7% |
| Total equity and liabilities | 10/49 | €1,909,205 | €1,647,470 | -€261,735 | -13.7% |
| Equity | 10/15 | €324,780 | €334,623 | +€9,843 | +3.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €316,720 | €326,563 | +€9,843 | +3.1% |
| Amounts payable | 17/49 | €1,584,425 | €1,312,847 | -€271,578 | -17.1% |
| Amounts payable within one year | 42/48 | €1,584,425 | €1,312,690 | -€271,735 | -17.2% |
| Trade debts | 44 | €1,036,878 | €1,027,697 | -€9,181 | -0.9% |
| Suppliers | 440/4 | €1,036,878 | €1,027,697 | -€9,181 | -0.9% |
| Taxes, remuneration and social security | 45 | €347,532 | €244,978 | -€102,554 | -29.5% |
| Taxes | 450/3 | €250,990 | €139,184 | -€111,806 | -44.5% |
| Remuneration and social security | 454/9 | €96,542 | €105,794 | +€9,251 | +9.6% |
| Other amounts payable | 47/48 | €200,016 | €40,016 | -€160,000 | -80.0% |
| Accrued charges and deferred income | 492/3 | - | €157 | +€157 | |
| Remuneration, social security and pensions | 62 | €846,861 | €873,146 | +€26,285 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,607 | €8,948 | +€341 | +4.0% |
| Other operating charges | 640/8 | €293 | €298 | +€5 | +1.6% |
| Gross operating margin | 9900 | €1,321,048 | €980,785 | -€340,263 | -25.8% |
| Operating profit (loss) | 9901 | €465,287 | €98,394 | -€366,894 | -78.9% |
| Financial income | 75/76B | €734 | €124 | -€610 | -83.1% |
| Recurring financial income | 75 | €734 | €124 | -€610 | -83.1% |
| Financial charges | 65/66B | €14,621 | €20,162 | +€5,540 | +37.9% |
| Recurring financial charges | 65 | €14,621 | €20,162 | +€5,540 | +37.9% |
| Profit (loss) for the period before taxes | 9903 | €451,400 | €78,356 | -€373,044 | -82.6% |
| Income taxes | 67/77 | €122,630 | €28,513 | -€94,117 | -76.7% |
| Profit (loss) for the period | 9904 | €328,770 | €49,843 | -€278,927 | -84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €328,770 | €49,843 | -€278,927 | -84.8% |
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 11 October 2026 via checked.be.