Grammondo: 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.
Grammondo
Largest movements
- Cash +€44,143
up €44,143 (+71.1%), from €62,081 to €106,225
mainly Net result for the year (+€34,712) and Depreciation (+€19,834)
- Tangible fixed assets -€19,834
down €19,834 (-3.7%), from €542,501 to €522,667
- Other debts +€16,331
up €16,331 (+87.8%), from €18,600 to €34,931
- Gross operating margin +€20,293
up €20,293 (+39.3%), from €51,584 to €71,877
- Taxes +€4,071
up €4,071 (+89.1%), from €4,568 to €8,640
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 | €609,714 | €628,892 | +€19,178 | +3.1% |
| Fixed assets | 21/28 | €542,501 | €522,667 | -€19,834 | -3.7% |
| Tangible fixed assets | 22/27 | €542,501 | €522,667 | -€19,834 | -3.7% |
| Land and buildings | 22 | €542,501 | €522,667 | -€19,834 | -3.7% |
| Current assets | 29/58 | €67,213 | €106,225 | +€39,012 | +58.0% |
| Amounts receivable within one year | 40/41 | €5,132 | €0 | -€5,132 | -100% |
| Other amounts receivable | 41 | €5,132 | €0 | -€5,132 | -100% |
| Cash at bank and in hand | 54/58 | €62,081 | €106,225 | +€44,143 | +71.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €609,714 | €628,892 | +€19,178 | +3.1% |
| Equity | 10/15 | €586,898 | €586,679 | -€219 | 0.0% |
| Contributions | 10/11 | €586,679 | €586,679 | = | 0.0% |
| Profit (loss) carried forward | 14 | €219 | €0 | -€219 | -100% |
| Amounts payable | 17/49 | €22,816 | €42,212 | +€19,397 | +85.0% |
| Amounts payable within one year | 42/48 | €19,705 | €39,102 | +€19,397 | +98.4% |
| Trade debts | 44 | €405 | €0 | -€405 | -100% |
| Suppliers | 440/4 | €405 | €0 | -€405 | -100% |
| Taxes, remuneration and social security | 45 | €700 | €4,170 | +€3,470 | +496% |
| Taxes | 450/3 | €700 | €4,170 | +€3,470 | +496% |
| Other amounts payable | 47/48 | €18,600 | €34,931 | +€16,331 | +87.8% |
| Accrued charges and deferred income | 492/3 | €3,111 | €3,111 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,834 | €19,834 | = | 0.0% |
| Other operating charges | 640/8 | €8,263 | €8,521 | +€258 | +3.1% |
| Gross operating margin | 9900 | €51,584 | €71,877 | +€20,293 | +39.3% |
| Operating profit (loss) | 9901 | €23,487 | €43,522 | +€20,035 | +85.3% |
| Financial charges | 65/66B | €141 | €170 | +€30 | +21.2% |
| Recurring financial charges | 65 | €141 | €170 | +€30 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €23,346 | €43,352 | +€20,006 | +85.7% |
| Income taxes | 67/77 | €4,568 | €8,640 | +€4,071 | +89.1% |
| Profit (loss) for the period | 9904 | €18,778 | €34,712 | +€15,934 | +84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,778 | €34,712 | +€15,934 | +84.9% |
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 17 October 2026 via checked.be.