GR & Partners: 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 & Partners
Largest movements
- Cash -€16,096
down €16,096 (-69.4%), from €23,180 to €7,084
mainly Net result for the year (-€13,445) and Trade debts (-€1,854)
- Receivables within one year -€1,278
down €1,278 (-29.3%), from €4,354 to €3,076
- Deferred charges and accrued income +€680
up €680 (+97.1%), from €701 to €1,381
- Financial fixed assets +€451
up €451 (+3.5%), from €12,885 to €13,336
- Profit (loss) carried forward -€13,445
down €13,445, from €12,770 to -€675
- Trade debts -€1,854
down €1,854 (-35.2%), from €5,267 to €3,413
- Tax, wage and social debts -€943
down €943 (-30.6%), from €3,083 to €2,139
- Gross operating margin -€1,870
down €1,870 (-17.6%), from -€10,636 to -€12,506
- Other operating charges +€412
up €412 (+97.4%), from €423 to €835
- Financial income +€138
new in 2025: €138
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 | €41,119 | €24,877 | -€16,242 | -39.5% |
| Fixed assets | 21/28 | €12,885 | €13,336 | +€451 | +3.5% |
| Financial fixed assets | 28 | €12,885 | €13,336 | +€451 | +3.5% |
| Current assets | 29/58 | €28,234 | €11,541 | -€16,694 | -59.1% |
| Amounts receivable within one year | 40/41 | €4,354 | €3,076 | -€1,278 | -29.3% |
| Trade receivables | 40 | €4,354 | €3,076 | -€1,278 | -29.3% |
| Cash at bank and in hand | 54/58 | €23,180 | €7,084 | -€16,096 | -69.4% |
| Deferred charges and accrued income | 490/1 | €701 | €1,381 | +€680 | +97.1% |
| Total equity and liabilities | 10/49 | €41,119 | €24,877 | -€16,242 | -39.5% |
| Equity | 10/15 | €32,770 | €19,325 | -€13,445 | -41.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,770 | -€675 | -€13,445 | |
| Amounts payable | 17/49 | €8,350 | €5,552 | -€2,797 | -33.5% |
| Amounts payable within one year | 42/48 | €8,350 | €5,552 | -€2,797 | -33.5% |
| Trade debts | 44 | €5,267 | €3,413 | -€1,854 | -35.2% |
| Suppliers | 440/4 | €5,267 | €3,413 | -€1,854 | -35.2% |
| Taxes, remuneration and social security | 45 | €3,083 | €2,139 | -€943 | -30.6% |
| Taxes | 450/3 | €3,083 | €2,139 | -€943 | -30.6% |
| Other operating charges | 640/8 | €423 | €835 | +€412 | +97.4% |
| Gross operating margin | 9900 | -€10,636 | -€12,506 | -€1,870 | -17.6% |
| Operating profit (loss) | 9901 | -€11,059 | -€13,341 | -€2,282 | -20.6% |
| Financial income | 75/76B | - | €138 | +€138 | |
| Recurring financial income | 75 | - | €138 | +€138 | |
| Financial charges | 65/66B | €129 | €243 | +€114 | +88.5% |
| Recurring financial charges | 65 | €129 | €243 | +€114 | +88.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,187 | -€13,445 | -€2,258 | -20.2% |
| Profit (loss) for the period | 9904 | -€11,187 | -€13,445 | -€2,258 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,187 | -€13,445 | -€2,258 | -20.2% |
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 12 October 2026 via checked.be.