GR FIRM: 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.
GR FIRM
Largest movements
- Receivables within one year -€4,460
down €4,460 (-60.1%), from €7,420 to €2,960
of which Trade receivables: -€4,535
- Tangible fixed assets -€3,928
down €3,928 (-2.7%), from €147,205 to €143,277
- Debts after one year -€3,948
down €3,948 (-3.7%), from €106,764 to €102,816
- Other debts -€3,290
down €3,290 (-5.2%), from €63,762 to €60,472
- Profit (loss) carried forward -€2,347
down €2,347 (-11.5%), from -€20,317 to -€22,663
- Gross operating margin -€4,283
down €4,283 (-32.1%), from €13,358 to €9,076
- Other operating charges +€1,143
up €1,143 (+135%), from €847 to €1,991
- Financial income -€920
down €920 (-100.0%), from €921 to €0
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 | €154,977 | €146,780 | -€8,197 | -5.3% |
| Fixed assets | 21/28 | €147,205 | €143,277 | -€3,928 | -2.7% |
| Tangible fixed assets | 22/27 | €147,205 | €143,277 | -€3,928 | -2.7% |
| Land and buildings | 22 | €147,205 | €143,277 | -€3,928 | -2.7% |
| Current assets | 29/58 | €7,772 | €3,503 | -€4,269 | -54.9% |
| Amounts receivable within one year | 40/41 | €7,420 | €2,960 | -€4,460 | -60.1% |
| Trade receivables | 40 | €4,535 | - | -€4,535 | |
| Other amounts receivable | 41 | €2,886 | €2,960 | +€75 | +2.6% |
| Cash at bank and in hand | 54/58 | €13 | €1 | -€12 | -93.9% |
| Deferred charges and accrued income | 490/1 | €338 | €542 | +€203 | +60.1% |
| Total equity and liabilities | 10/49 | €154,977 | €146,780 | -€8,197 | -5.3% |
| Equity | 10/15 | -€19,317 | -€21,663 | -€2,347 | -12.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,317 | -€22,663 | -€2,347 | -11.5% |
| Amounts payable | 17/49 | €174,294 | €168,444 | -€5,850 | -3.4% |
| Amounts payable after more than one year | 17 | €106,764 | €102,816 | -€3,948 | -3.7% |
| Financial debts | 170/4 | €106,764 | €102,816 | -€3,948 | -3.7% |
| Amounts payable within one year | 42/48 | €67,529 | €65,628 | -€1,902 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €3,768 | €3,948 | +€181 | +4.8% |
| Trade debts | 44 | - | €1,208 | +€1,208 | |
| Suppliers | 440/4 | - | €1,208 | +€1,208 | |
| Other amounts payable | 47/48 | €63,762 | €60,472 | -€3,290 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,928 | €3,928 | = | 0.0% |
| Other operating charges | 640/8 | €847 | €1,991 | +€1,143 | +135% |
| Gross operating margin | 9900 | €13,358 | €9,076 | -€4,283 | -32.1% |
| Operating profit (loss) | 9901 | €8,583 | €3,157 | -€5,426 | -63.2% |
| Financial income | 75/76B | €921 | €0 | -€920 | -100.0% |
| Recurring financial income | 75 | €921 | €0 | -€920 | -100.0% |
| Financial charges | 65/66B | €5,607 | €5,504 | -€103 | -1.8% |
| Recurring financial charges | 65 | €5,607 | €5,504 | -€103 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €3,897 | -€2,347 | -€6,244 | |
| Profit (loss) for the period | 9904 | €3,897 | -€2,347 | -€6,244 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,897 | -€2,347 | -€6,244 |
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 27 October 2026 via checked.be.