GRAMM: 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.
GRAMM
Largest movements
- Cash +€958
up €958 (+484.4%), from €198 to €1,155
mainly Other debts (+€1,000)
- Other debts +€1,000
up €1,000 (+81.5%), from €1,227 to €2,227
- Profit (loss) carried forward -€42
down €42 (-2.1%), from -€2,029 to -€2,072
- Gross operating margin +€2,029
no longer reported in 2025 (was -€2,029)
- Financial charges +€42
new in 2025: €42
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 | €198 | €1,155 | +€958 | +484.4% |
| Current assets | 29/58 | €198 | €1,155 | +€958 | +484.4% |
| Cash at bank and in hand | 54/58 | €198 | €1,155 | +€958 | +484.4% |
| Total equity and liabilities | 10/49 | €198 | €1,155 | +€958 | +484.4% |
| Equity | 10/15 | -€1,029 | -€1,072 | -€42 | -4.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,029 | -€2,072 | -€42 | -2.1% |
| Amounts payable | 17/49 | €1,227 | €2,227 | +€1,000 | +81.5% |
| Amounts payable within one year | 42/48 | €1,227 | €2,227 | +€1,000 | +81.5% |
| Other amounts payable | 47/48 | €1,227 | €2,227 | +€1,000 | +81.5% |
| Gross operating margin | 9900 | -€2,029 | - | +€2,029 | |
| Operating profit (loss) | 9901 | -€2,029 | - | +€2,029 | |
| Financial charges | 65/66B | - | €42 | +€42 | |
| Recurring financial charges | 65 | - | €42 | +€42 | |
| Profit (loss) for the period before taxes | 9903 | -€2,029 | -€42 | +€1,987 | +97.9% |
| Profit (loss) for the period | 9904 | -€2,029 | -€42 | +€1,987 | +97.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,029 | -€42 | +€1,987 | +97.9% |
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 7 October 2026 via checked.be.