GRAB IT: what changed
Two fiscal 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.
GRAB IT
Largest movements
- Cash +€116,702
up €116,702 (+291.4%), from €40,042 to €156,744
mainly Net result for the year (+€205,396) and Depreciation (+€9,073)
- Receivables within one year +€29,032
up €29,032 (+89.6%), from €32,410 to €61,442
of which Trade receivables: +€29,401
- Tangible fixed assets +€17,097
up €17,097 (+42.2%), from €40,489 to €57,586
of which Furniture and vehicles: +€53,583
- Reserves +€212,123
up €212,123 (+9572.3%), from €2,216 to €214,339
of which Distributable reserves: +€212,123
- Revaluation surpluses -€162,122
no longer reported in 2025 (was €162,122)
- Profit (loss) carried forward +€155,396
up €155,396, from -€144,258 to €11,138
- Other debts -€45,000
no longer reported in 2025 (was €45,000)
- Gross operating margin +€222,497
up €222,497 (+267.4%), from €83,208 to €305,705
- Taxes +€77,611
up €77,611 (+2728.9%), from €2,844 to €80,455
- Staff costs -€74,083
down €74,083 (-100.0%), from €74,092 to €9
- Depreciation +€7,124
up €7,124 (+365.5%), from €1,949 to €9,073
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 | €113,589 | €275,772 | +€162,183 | +142.8% |
| Fixed assets | 21/28 | €40,489 | €57,586 | +€17,097 | +42.2% |
| Tangible fixed assets | 22/27 | €40,489 | €57,586 | +€17,097 | +42.2% |
| Land and buildings | 22 | €33,327 | - | -€33,327 | |
| Plant, machinery and equipment | 23 | €6,001 | €1,124 | -€4,877 | -81.3% |
| Furniture and vehicles | 24 | €1,161 | €54,744 | +€53,583 | +4615.2% |
| Other tangible fixed assets | 26 | - | €1,718 | +€1,718 | |
| Current assets | 29/58 | €73,100 | €218,186 | +€145,086 | +198.5% |
| Amounts receivable within one year | 40/41 | €32,410 | €61,442 | +€29,032 | +89.6% |
| Trade receivables | 40 | €32,041 | €61,442 | +€29,401 | +91.8% |
| Other amounts receivable | 41 | €369 | - | -€369 | |
| Cash at bank and in hand | 54/58 | €40,042 | €156,744 | +€116,702 | +291.4% |
| Deferred charges and accrued income | 490/1 | €648 | - | -€648 | |
| Total equity and liabilities | 10/49 | €113,589 | €275,772 | +€162,183 | +142.8% |
| Equity | 10/15 | €38,672 | €244,069 | +€205,397 | +531.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €162,122 | - | -€162,122 | |
| Reserves | 13 | €2,216 | €214,339 | +€212,123 | +9572.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €357 | €212,480 | +€212,123 | +59418.2% |
| Profit (loss) carried forward | 14 | -€144,258 | €11,138 | +€155,396 | |
| Amounts payable | 17/49 | €74,917 | €31,703 | -€43,214 | -57.7% |
| Amounts payable within one year | 42/48 | €74,917 | €31,703 | -€43,214 | -57.7% |
| Financial debts | 43 | €2,637 | €3,031 | +€394 | +14.9% |
| Credit institutions | 430/8 | €2,637 | €3,031 | +€394 | +14.9% |
| Trade debts | 44 | - | €52 | +€52 | |
| Suppliers | 440/4 | - | €52 | +€52 | |
| Taxes, remuneration and social security | 45 | €27,280 | €28,620 | +€1,340 | +4.9% |
| Taxes | 450/3 | €11,743 | €20,860 | +€9,117 | +77.6% |
| Remuneration and social security | 454/9 | €15,537 | €7,760 | -€7,777 | -50.1% |
| Other amounts payable | 47/48 | €45,000 | - | -€45,000 | |
| Non-recurring operating income | 76A | - | €237,265 | +€237,265 | |
| Remuneration, social security and pensions | 62 | €74,092 | €9 | -€74,083 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,949 | €9,073 | +€7,124 | +365.5% |
| Other operating charges | 640/8 | €3,035 | €1,954 | -€1,081 | -35.6% |
| Non-recurring operating charges | 66A | €645 | €7,824 | +€7,179 | +1113.0% |
| Gross operating margin | 9900 | €83,208 | €305,705 | +€222,497 | +267.4% |
| Operating profit (loss) | 9901 | €3,487 | €286,845 | +€283,358 | +8126.1% |
| Financial income | 75/76B | €65 | €172 | +€107 | +164.6% |
| Recurring financial income | 75 | €65 | €172 | +€107 | +164.6% |
| Financial charges | 65/66B | €3,065 | €1,166 | -€1,899 | -62.0% |
| Recurring financial charges | 65 | €3,065 | €1,166 | -€1,899 | -62.0% |
| Profit (loss) for the period before taxes | 9903 | €487 | €285,851 | +€285,364 | +58596.3% |
| Income taxes | 67/77 | €2,844 | €80,455 | +€77,611 | +2728.9% |
| Profit (loss) for the period | 9904 | -€2,357 | €205,396 | +€207,753 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,357 | €205,396 | +€207,753 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.