GRABINSZKY: 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.
GRABINSZKY
Largest movements
- Tangible fixed assets -€22,187
down €22,187 (-7.5%), from €295,792 to €273,605
of which Furniture and vehicles: -€13,840
- Stocks and contracts -€19,658
down €19,658 (-73.4%), from €26,797 to €7,139
- Cash -€5,271
down €5,271 (-39.9%), from €13,216 to €7,945
mainly Debts after one year (-€23,990) and Other debts (-€15,589)
- Debts after one year -€23,990
down €23,990 (-11.2%), from €213,365 to €189,375
- Other debts -€15,589
down €15,589 (-50.9%), from €30,645 to €15,056
- Tax, wage and social debts -€7,703
down €7,703 (-76.1%), from €10,123 to €2,420
- Profit (loss) carried forward -€4,491
new in 2024: -€4,491
- Gross operating margin -€29,177
down €29,177 (-51.1%), from €57,119 to €27,942
- Taxes -€2,834
down €2,834 (-79.0%), from €3,586 to €752
- Depreciation -€1,965
down €1,965 (-8.1%), from €24,152 to €22,187
- Other operating charges +€1,859
up €1,859 (+64.2%), from €2,897 to €4,756
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €356,471 | €307,839 | -€48,632 | -13.6% |
| Fixed assets | 21/28 | €297,742 | €275,555 | -€22,187 | -7.5% |
| Tangible fixed assets | 22/27 | €295,792 | €273,605 | -€22,187 | -7.5% |
| Land and buildings | 22 | €258,818 | €250,763 | -€8,055 | -3.1% |
| Plant, machinery and equipment | 23 | €1,142 | €850 | -€292 | -25.6% |
| Furniture and vehicles | 24 | €35,832 | €21,992 | -€13,840 | -38.6% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €58,729 | €32,284 | -€26,445 | -45.0% |
| Stocks and contracts in progress | 3 | €26,797 | €7,139 | -€19,658 | -73.4% |
| Stocks | 30/36 | €26,797 | €7,139 | -€19,658 | -73.4% |
| Amounts receivable within one year | 40/41 | €18,716 | €17,200 | -€1,516 | -8.1% |
| Trade receivables | 40 | €1,702 | - | -€1,702 | |
| Other amounts receivable | 41 | €17,014 | €17,200 | +€186 | +1.1% |
| Cash at bank and in hand | 54/58 | €13,216 | €7,945 | -€5,271 | -39.9% |
| Total equity and liabilities | 10/49 | €356,471 | €307,839 | -€48,632 | -13.6% |
| Equity | 10/15 | €77,039 | €72,548 | -€4,491 | -5.8% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Capital | 10 | €18,750 | €18,750 | = | 0.0% |
| Issued capital | 100 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €58,289 | €58,289 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Legal reserve | 130 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €56,414 | €56,414 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,491 | -€4,491 | |
| Amounts payable | 17/49 | €279,432 | €235,291 | -€44,141 | -15.8% |
| Amounts payable after more than one year | 17 | €213,365 | €189,375 | -€23,990 | -11.2% |
| Financial debts | 170/4 | €213,365 | €189,375 | -€23,990 | -11.2% |
| Amounts payable within one year | 42/48 | €66,067 | €45,916 | -€20,151 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €22,839 | €23,297 | +€458 | +2.0% |
| Trade debts | 44 | €2,460 | €5,143 | +€2,683 | +109% |
| Suppliers | 440/4 | €2,460 | €5,143 | +€2,683 | +109% |
| Taxes, remuneration and social security | 45 | €10,123 | €2,420 | -€7,703 | -76.1% |
| Taxes | 450/3 | €10,123 | €2,420 | -€7,703 | -76.1% |
| Other amounts payable | 47/48 | €30,645 | €15,056 | -€15,589 | -50.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,152 | €22,187 | -€1,965 | -8.1% |
| Other operating charges | 640/8 | €2,897 | €4,756 | +€1,859 | +64.2% |
| Gross operating margin | 9900 | €57,119 | €27,942 | -€29,177 | -51.1% |
| Operating profit (loss) | 9901 | €30,070 | €999 | -€29,071 | -96.7% |
| Financial charges | 65/66B | €5,283 | €4,738 | -€545 | -10.3% |
| Recurring financial charges | 65 | €5,283 | €4,738 | -€545 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €24,787 | -€3,739 | -€28,526 | |
| Income taxes | 67/77 | €3,586 | €752 | -€2,834 | -79.0% |
| Profit (loss) for the period | 9904 | €21,201 | -€4,491 | -€25,692 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,201 | -€4,491 | -€25,692 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.