GR SHOP: 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 SHOP
Largest movements
- Tangible fixed assets +€8,838
new in 2025: €8,838
- Stocks and contracts +€7,240
up €7,240 (+24.1%), from €30,000 to €37,240
- Cash -€5,161
down €5,161 (-69.4%), from €7,439 to €2,279
mainly Investment in fixed assets (net) (-€10,893) and Trade debts (-€9,048)
- Intangible fixed assets -€3,000
down €3,000 (-11.3%), from €26,500 to €23,500
- Deferred charges and accrued income -€2,102
no longer reported in 2025 (was €2,102)
- Trade debts -€9,048
down €9,048 (-74.8%), from €12,102 to €3,055
- Tax, wage and social debts +€7,632
up €7,632 (+165%), from €4,636 to €12,268
of which Remuneration and social security: +€6,873
- Profit (loss) carried forward +€4,649
up €4,649 (+149%), from €3,130 to €7,778
- Other debts +€2,009
up €2,009 (+5.7%), from €35,273 to €37,281
- Gross operating margin +€24,612
up €24,612 (+85.5%), from €28,777 to €53,389
- Staff costs +€21,205
up €21,205 (+99.5%), from €21,305 to €42,511
- Depreciation +€1,406
up €1,406 (+40.2%), from €3,500 to €4,906
- Taxes +€638
new in 2025: €638
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 | €69,141 | €74,382 | +€5,241 | +7.6% |
| Fixed assets | 21/28 | €26,651 | €32,638 | +€5,987 | +22.5% |
| Intangible fixed assets | 21 | €26,500 | €23,500 | -€3,000 | -11.3% |
| Tangible fixed assets | 22/27 | - | €8,838 | +€8,838 | |
| Furniture and vehicles | 24 | - | €8,838 | +€8,838 | |
| Financial fixed assets | 28 | €151 | €300 | +€149 | +98.7% |
| Current assets | 29/58 | €42,490 | €41,745 | -€745 | -1.8% |
| Stocks and contracts in progress | 3 | €30,000 | €37,240 | +€7,240 | +24.1% |
| Stocks | 30/36 | €30,000 | €37,240 | +€7,240 | +24.1% |
| Amounts receivable within one year | 40/41 | €2,949 | €2,226 | -€723 | -24.5% |
| Trade receivables | 40 | €93 | - | -€93 | |
| Other amounts receivable | 41 | €2,856 | €2,226 | -€631 | -22.1% |
| Cash at bank and in hand | 54/58 | €7,439 | €2,279 | -€5,161 | -69.4% |
| Deferred charges and accrued income | 490/1 | €2,102 | - | -€2,102 | |
| Total equity and liabilities | 10/49 | €69,141 | €74,382 | +€5,241 | +7.6% |
| Equity | 10/15 | €17,130 | €21,778 | +€4,649 | +27.1% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,130 | €7,778 | +€4,649 | +149% |
| Amounts payable | 17/49 | €52,011 | €52,604 | +€593 | +1.1% |
| Amounts payable within one year | 42/48 | €52,011 | €52,604 | +€593 | +1.1% |
| Trade debts | 44 | €12,102 | €3,055 | -€9,048 | -74.8% |
| Suppliers | 440/4 | €12,102 | €3,055 | -€9,048 | -74.8% |
| Taxes, remuneration and social security | 45 | €4,636 | €12,268 | +€7,632 | +165% |
| Taxes | 450/3 | - | €759 | +€759 | |
| Remuneration and social security | 454/9 | €4,636 | €11,509 | +€6,873 | +148% |
| Other amounts payable | 47/48 | €35,273 | €37,281 | +€2,009 | +5.7% |
| Remuneration, social security and pensions | 62 | €21,305 | €42,511 | +€21,205 | +99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,500 | €4,906 | +€1,406 | +40.2% |
| Other operating charges | 640/8 | €914 | €1,153 | +€239 | +26.2% |
| Gross operating margin | 9900 | €28,777 | €53,389 | +€24,612 | +85.5% |
| Operating profit (loss) | 9901 | €3,058 | €4,819 | +€1,761 | +57.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | -€72 | -€467 | -€396 | -550% |
| Recurring financial charges | 65 | -€72 | -€467 | -€396 | -550% |
| Profit (loss) for the period before taxes | 9903 | €3,130 | €5,286 | +€2,157 | +68.9% |
| Income taxes | 67/77 | - | €638 | +€638 | |
| Profit (loss) for the period | 9904 | €3,130 | €4,649 | +€1,519 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,130 | €4,649 | +€1,519 | +48.5% |
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 19 October 2026 via checked.be.