GRACE-IDEA: what changed
GRACE-IDEA
Largest movements
- Cash -€10,599
down €10,599 (-37.3%), from €28,385 to €17,786
mainly Contributions, distributions and other (-€29,345) and Receivables within one year (-€5,793)
- Receivables within one year +€5,793
up €5,793 (+68.4%), from €8,471 to €14,263
of which Other amounts receivable: +€5,793
- Tangible fixed assets -€1,593
down €1,593 (-38.7%), from €4,121 to €2,527
of which Furniture and vehicles: -€1,338
- Profit (loss) carried forward -€28,930
no longer reported in 2025 (was €28,930)
- Other debts +€22,220
up €22,220 (+312%), from €7,125 to €29,345
- Trade debts +€571
up €571 (+98.7%), from €579 to €1,151
- Gross operating margin +€11,600
up €11,600, from -€7,865 to €3,735
- Depreciation -€466
down €466 (-14.5%), from €3,224 to €2,758
- Other operating charges +€400
new in 2025: €400
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,900 | €35,497 | -€6,403 | -15.3% |
| Fixed assets | 21/28 | €4,121 | €2,527 | -€1,593 | -38.7% |
| Tangible fixed assets | 22/27 | €4,121 | €2,527 | -€1,593 | -38.7% |
| Plant, machinery and equipment | 23 | €1,132 | €876 | -€256 | -22.6% |
| Furniture and vehicles | 24 | €1,338 | - | -€1,338 | |
| Other tangible fixed assets | 26 | €1,651 | €1,651 | = | 0.0% |
| Current assets | 29/58 | €37,779 | €32,969 | -€4,809 | -12.7% |
| Amounts receivable within one year | 40/41 | €8,471 | €14,263 | +€5,793 | +68.4% |
| Trade receivables | 40 | €8,288 | €8,288 | = | 0.0% |
| Other amounts receivable | 41 | €182 | €5,975 | +€5,793 | +3,175% |
| Cash at bank and in hand | 54/58 | €28,385 | €17,786 | -€10,599 | -37.3% |
| Deferred charges and accrued income | 490/1 | €923 | €921 | -€3 | -0.3% |
| Total equity and liabilities | 10/49 | €41,900 | €35,497 | -€6,403 | -15.3% |
| Equity | 10/15 | €33,931 | €5,001 | -€28,930 | -85.3% |
| Contributions | 10/11 | €5,001 | €5,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,930 | - | -€28,930 | |
| Amounts payable | 17/49 | €7,969 | €30,496 | +€22,527 | +283% |
| Amounts payable within one year | 42/48 | €7,969 | €30,496 | +€22,527 | +283% |
| Trade debts | 44 | €579 | €1,151 | +€571 | +98.7% |
| Suppliers | 440/4 | €579 | €1,151 | +€571 | +98.7% |
| Taxes, remuneration and social security | 45 | €264 | - | -€264 | |
| Taxes | 450/3 | €264 | - | -€264 | |
| Other amounts payable | 47/48 | €7,125 | €29,345 | +€22,220 | +312% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,224 | €2,758 | -€466 | -14.5% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€7,865 | €3,735 | +€11,600 | |
| Operating profit (loss) | 9901 | -€11,089 | €578 | +€11,667 | |
| Financial income | 75/76B | €46 | - | -€46 | |
| Recurring financial income | 75 | €46 | - | -€46 | |
| Financial charges | 65/66B | €218 | €162 | -€56 | -25.6% |
| Recurring financial charges | 65 | €218 | €162 | -€56 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,262 | €415 | +€11,677 | |
| Profit (loss) for the period | 9904 | -€11,262 | €415 | +€11,677 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,262 | €415 | +€11,677 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.