Gr8t: 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.
Gr8t
Largest movements
- Cash +€25,325
up €25,325 (+343.6%), from €7,370 to €32,695
mainly Other debts (+€57,833) and Depreciation (+€40,901)
- Receivables within one year +€16,978
up €16,978 (+19.4%), from €87,297 to €104,275
of which Trade receivables: +€16,978
- Intangible fixed assets -€15,500
down €15,500 (-12.8%), from €121,012 to €105,512
- Tangible fixed assets -€3,972
down €3,972 (-9.4%), from €42,116 to €38,145
of which Furniture and vehicles: -€4,400
- Deferred charges and accrued income +€2,981
up €2,981 (+206.1%), from €1,446 to €4,427
- Other debts +€57,833
new in 2025: €57,833
- Current portion of long-term debt -€43,085
down €43,085 (-82.9%), from €51,994 to €8,909
- Accrued charges and deferred income -€40,566
down €40,566 (-42.4%), from €95,781 to €55,215
- Trade debts +€34,955
up €34,955 (+2376.6%), from €1,471 to €36,426
- Reserves +€18,001
up €18,001 (+30.8%), from €58,477 to €76,479
- Gross operating margin +€80,741
up €80,741 (+60.0%), from €134,465 to €215,207
- Staff costs +€74,994
up €74,994 (+104.8%), from €71,589 to €146,583
- Depreciation +€5,224
up €5,224 (+14.6%), from €35,677 to €40,901
- Financial charges -€2,515
down €2,515 (-56.1%), from €4,480 to €1,965
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 | €259,241 | €285,053 | +€25,813 | +10.0% |
| Fixed assets | 21/28 | €163,128 | €143,656 | -€19,472 | -11.9% |
| Intangible fixed assets | 21 | €121,012 | €105,512 | -€15,500 | -12.8% |
| Tangible fixed assets | 22/27 | €42,116 | €38,145 | -€3,972 | -9.4% |
| Plant, machinery and equipment | 23 | €21,604 | €22,032 | +€428 | +2.0% |
| Furniture and vehicles | 24 | €20,512 | €16,112 | -€4,400 | -21.5% |
| Current assets | 29/58 | €96,113 | €141,397 | +€45,284 | +47.1% |
| Amounts receivable within one year | 40/41 | €87,297 | €104,275 | +€16,978 | +19.4% |
| Trade receivables | 40 | €86,858 | €103,836 | +€16,978 | +19.5% |
| Other amounts receivable | 41 | €440 | €440 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,370 | €32,695 | +€25,325 | +343.6% |
| Deferred charges and accrued income | 490/1 | €1,446 | €4,427 | +€2,981 | +206.1% |
| Total equity and liabilities | 10/49 | €259,241 | €285,053 | +€25,813 | +10.0% |
| Equity | 10/15 | €63,477 | €81,479 | +€18,001 | +28.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €58,477 | €76,479 | +€18,001 | +30.8% |
| Distributable reserves | 133 | €58,477 | €76,479 | +€18,001 | +30.8% |
| Amounts payable | 17/49 | €195,764 | €203,575 | +€7,811 | +4.0% |
| Amounts payable after more than one year | 17 | €8,909 | - | -€8,909 | |
| Financial debts | 170/4 | €8,909 | - | -€8,909 | |
| Amounts payable within one year | 42/48 | €91,073 | €148,360 | +€57,286 | +62.9% |
| Current portion of amounts payable after more than one year | 42 | €51,994 | €8,909 | -€43,085 | -82.9% |
| Trade debts | 44 | €1,471 | €36,426 | +€34,955 | +2376.6% |
| Suppliers | 440/4 | €1,471 | €36,426 | +€34,955 | +2376.6% |
| Taxes, remuneration and social security | 45 | €37,608 | €45,192 | +€7,584 | +20.2% |
| Taxes | 450/3 | €24,260 | €17,138 | -€7,122 | -29.4% |
| Remuneration and social security | 454/9 | €13,348 | €28,054 | +€14,706 | +110.2% |
| Other amounts payable | 47/48 | - | €57,833 | +€57,833 | |
| Accrued charges and deferred income | 492/3 | €95,781 | €55,215 | -€40,566 | -42.4% |
| Remuneration, social security and pensions | 62 | €71,589 | €146,583 | +€74,994 | +104.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,677 | €40,901 | +€5,224 | +14.6% |
| Other operating charges | 640/8 | €1,373 | €1,433 | +€60 | +4.3% |
| Gross operating margin | 9900 | €134,465 | €215,207 | +€80,741 | +60.0% |
| Operating profit (loss) | 9901 | €25,826 | €26,290 | +€463 | +1.8% |
| Financial income | 75/76B | €631 | - | -€631 | |
| Recurring financial income | 75 | €631 | - | -€631 | |
| Financial charges | 65/66B | €4,480 | €1,965 | -€2,515 | -56.1% |
| Recurring financial charges | 65 | €4,480 | €1,965 | -€2,515 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | €21,977 | €24,324 | +€2,347 | +10.7% |
| Income taxes | 67/77 | €5,939 | €6,323 | +€384 | +6.5% |
| Profit (loss) for the period | 9904 | €16,038 | €18,001 | +€1,964 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,038 | €18,001 | +€1,964 | +12.2% |
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 10 October 2026 via checked.be.