Gr-Ont: 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-Ont
Largest movements
- Cash -€1.5m
down €1.5m (-98.7%), from €1.5m to €19,343
mainly Stocks and contracts (-€940,691) and Short-term financial debts (-€488,764)
- Stocks and contracts +€940,691
up €940,691 (+11.5%), from €8.2m to €9.1m
- Short-term financial debts -€488,764
down €488,764 (-8.7%), from €5.6m to €5.1m
- Gross operating margin -€102,131
down €102,131 (-29.5%), from €346,542 to €244,411
- Financial charges -€94,893
down €94,893 (-24.2%), from €392,551 to €297,659
- Financial income -€57,402
down €57,402 (-99.8%), from €57,500 to €98
- Taxes +€16,015
up €16,015, from -€14,697 to €1,318
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 | €9,875,915 | €9,321,190 | -€554,725 | -5.6% |
| Current assets | 29/58 | €9,875,915 | €9,321,190 | -€554,725 | -5.6% |
| Stocks and contracts in progress | 3 | €8,152,656 | €9,093,347 | +€940,691 | +11.5% |
| Stocks | 30/36 | €8,152,656 | €9,093,347 | +€940,691 | +11.5% |
| Amounts receivable within one year | 40/41 | €222,852 | €208,500 | -€14,352 | -6.4% |
| Trade receivables | 40 | €7,155 | - | -€7,155 | |
| Other amounts receivable | 41 | €215,697 | €208,500 | -€7,197 | -3.3% |
| Cash at bank and in hand | 54/58 | €1,500,407 | €19,343 | -€1.5m | -98.7% |
| Total equity and liabilities | 10/49 | €9,875,915 | €9,321,190 | -€554,725 | -5.6% |
| Equity | 10/15 | €2,262,941 | €2,199,601 | -€63,339 | -2.8% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,512,941 | €1,449,601 | -€63,339 | -4.2% |
| Amounts payable | 17/49 | €7,612,974 | €7,121,588 | -€491,386 | -6.5% |
| Amounts payable within one year | 42/48 | €7,531,974 | €7,040,588 | -€491,386 | -6.5% |
| Financial debts | 43 | €5,614,880 | €5,126,116 | -€488,764 | -8.7% |
| Credit institutions | 430/8 | €5,614,880 | €5,126,116 | -€488,764 | -8.7% |
| Trade debts | 44 | €15,980 | €17,194 | +€1,213 | +7.6% |
| Suppliers | 440/4 | €15,980 | €17,194 | +€1,213 | +7.6% |
| Taxes, remuneration and social security | 45 | €3,256 | €3,361 | +€105 | +3.2% |
| Taxes | 450/3 | €3,256 | €3,361 | +€105 | +3.2% |
| Other amounts payable | 47/48 | €1,897,858 | €1,893,918 | -€3,940 | -0.2% |
| Accrued charges and deferred income | 492/3 | €81,000 | €81,000 | = | 0.0% |
| Other operating charges | 640/8 | €6,653 | €8,871 | +€2,219 | +33.4% |
| Gross operating margin | 9900 | €346,542 | €244,411 | -€102,131 | -29.5% |
| Operating profit (loss) | 9901 | €339,889 | €235,539 | -€104,350 | -30.7% |
| Financial income | 75/76B | €57,500 | €98 | -€57,402 | -99.8% |
| Recurring financial income | 75 | €57,500 | €98 | -€57,402 | -99.8% |
| Financial charges | 65/66B | €392,551 | €297,659 | -€94,893 | -24.2% |
| Recurring financial charges | 65 | €392,551 | €297,659 | -€94,893 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €4,838 | -€62,021 | -€66,859 | |
| Income taxes | 67/77 | -€14,697 | €1,318 | +€16,015 | |
| Profit (loss) for the period | 9904 | €19,534 | -€63,339 | -€82,874 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,534 | -€63,339 | -€82,874 |
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.