GRACE LIVING: 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.
GRACE LIVING
Largest movements
- Tangible fixed assets +€34,167
up €34,167 (+4.5%), from €755,483 to €789,650
of which Plant, machinery and equipment: +€35,952
- Other debts +€102,000
up €102,000 (+23.8%), from €428,344 to €530,344
- Trade debts -€54,036
down €54,036 (-94.8%), from €57,029 to €2,992
- Debts after one year -€20,140
down €20,140 (-5.8%), from €347,418 to €327,278
- Profit (loss) carried forward +€8,303
up €8,303 (+7.8%), from -€106,678 to -€98,375
- Gross operating margin -€18,676
down €18,676 (-40.6%), from €45,987 to €27,311
- Depreciation +€4,606
up €4,606 (+68.8%), from €6,691 to €11,297
- Other operating charges -€965
down €965 (-31.1%), from €3,100 to €2,135
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 | €765,949 | €802,384 | +€36,436 | +4.8% |
| Fixed assets | 21/28 | €755,483 | €789,650 | +€34,167 | +4.5% |
| Tangible fixed assets | 22/27 | €755,483 | €789,650 | +€34,167 | +4.5% |
| Land and buildings | 22 | €479,345 | €477,560 | -€1,785 | -0.4% |
| Plant, machinery and equipment | 23 | €276,139 | €312,090 | +€35,952 | +13.0% |
| Current assets | 29/58 | €10,465 | €12,734 | +€2,269 | +21.7% |
| Amounts receivable within one year | 40/41 | €9,508 | €9,508 | = | 0.0% |
| Other amounts receivable | 41 | €9,508 | €9,508 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €957 | €3,069 | +€2,112 | +221% |
| Deferred charges and accrued income | 490/1 | - | €157 | +€157 | |
| Total equity and liabilities | 10/49 | €765,949 | €802,384 | +€36,436 | +4.8% |
| Equity | 10/15 | -€86,678 | -€78,375 | +€8,303 | +9.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,678 | -€98,375 | +€8,303 | +7.8% |
| Amounts payable | 17/49 | €852,627 | €880,759 | +€28,133 | +3.3% |
| Amounts payable after more than one year | 17 | €347,418 | €327,278 | -€20,140 | -5.8% |
| Financial debts | 170/4 | €347,418 | €327,278 | -€20,140 | -5.8% |
| Amounts payable within one year | 42/48 | €505,209 | €553,481 | +€48,272 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €19,836 | €20,140 | +€304 | +1.5% |
| Trade debts | 44 | €57,029 | €2,992 | -€54,036 | -94.8% |
| Suppliers | 440/4 | €57,029 | €2,992 | -€54,036 | -94.8% |
| Taxes, remuneration and social security | 45 | - | €5 | +€5 | |
| Taxes | 450/3 | - | €5 | +€5 | |
| Other amounts payable | 47/48 | €428,344 | €530,344 | +€102,000 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,691 | €11,297 | +€4,606 | +68.8% |
| Other operating charges | 640/8 | €3,100 | €2,135 | -€965 | -31.1% |
| Gross operating margin | 9900 | €45,987 | €27,311 | -€18,676 | -40.6% |
| Operating profit (loss) | 9901 | €36,197 | €13,879 | -€22,318 | -61.7% |
| Financial charges | 65/66B | €5,867 | €5,576 | -€292 | -5.0% |
| Recurring financial charges | 65 | €5,867 | €5,576 | -€292 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €30,329 | €8,303 | -€22,026 | -72.6% |
| Profit (loss) for the period | 9904 | €30,329 | €8,303 | -€22,026 | -72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,329 | €8,303 | -€22,026 | -72.6% |
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 20 October 2026 via checked.be.