Grapeness: 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.
Grapeness
Largest movements
- Cash +€115,270
up €115,270 (+75.6%), from €152,397 to €267,667
mainly Contributions, distributions and other (+€150,000) and Depreciation (+€73,304)
- Stocks and contracts -€36,049
down €36,049 (-10.5%), from €343,539 to €307,490
- Intangible fixed assets -€28,511
down €28,511 (-19.3%), from €148,015 to €119,504
- Tangible fixed assets -€25,167
down €25,167 (-9.1%), from €276,824 to €251,656
of which Other tangible fixed assets: -€14,063
- Receivables within one year +€15,731
up €15,731 (+12.2%), from €129,030 to €144,761
of which Trade receivables: +€15,731
- Contributions +€150,000
up €150,000 (+167%), from €90,000 to €240,000
- Debts after one year -€61,474
down €61,474 (-11.4%), from €537,682 to €476,208
of which Financial debts: -€61,474
- Profit (loss) carried forward -€57,661
down €57,661 (-52.1%), from -€110,581 to -€168,242
- Trade debts -€14,006
down €14,006 (-4.4%), from €314,847 to €300,841
- Gross operating margin -€181,789
down €181,789 (-53.0%), from €343,256 to €161,468
- Staff costs -€160,038
down €160,038 (-61.2%), from €261,606 to €101,568
- Depreciation -€53,372
down €53,372 (-42.1%), from €126,676 to €73,304
- Financial charges -€5,777
down €5,777 (-16.5%), from €34,983 to €29,206
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 | €1,058,700 | €1,094,255 | +€35,555 | +3.4% |
| Fixed assets | 21/28 | €427,139 | €373,460 | -€53,679 | -12.6% |
| Intangible fixed assets | 21 | €148,015 | €119,504 | -€28,511 | -19.3% |
| Tangible fixed assets | 22/27 | €276,824 | €251,656 | -€25,167 | -9.1% |
| Land and buildings | 22 | €17,240 | €7,240 | -€10,000 | -58.0% |
| Plant, machinery and equipment | 23 | €647 | €369 | -€278 | -43.0% |
| Furniture and vehicles | 24 | €826 | €0 | -€826 | -100% |
| Other tangible fixed assets | 26 | €258,111 | €244,048 | -€14,063 | -5.4% |
| Financial fixed assets | 28 | €2,300 | €2,300 | = | 0.0% |
| Current assets | 29/58 | €631,561 | €720,795 | +€89,234 | +14.1% |
| Stocks and contracts in progress | 3 | €343,539 | €307,490 | -€36,049 | -10.5% |
| Stocks | 30/36 | €343,539 | €307,490 | -€36,049 | -10.5% |
| Amounts receivable within one year | 40/41 | €129,030 | €144,761 | +€15,731 | +12.2% |
| Trade receivables | 40 | €129,030 | €144,761 | +€15,731 | +12.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €152,397 | €267,667 | +€115,270 | +75.6% |
| Deferred charges and accrued income | 490/1 | €6,595 | €877 | -€5,718 | -86.7% |
| Total equity and liabilities | 10/49 | €1,058,700 | €1,094,255 | +€35,555 | +3.4% |
| Equity | 10/15 | €3,704 | €96,043 | +€92,339 | +2,493% |
| Contributions | 10/11 | €90,000 | €240,000 | +€150,000 | +167% |
| Reserves | 13 | €24,286 | €24,286 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €11,786 | €11,786 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,581 | -€168,242 | -€57,661 | -52.1% |
| Amounts payable | 17/49 | €1,054,996 | €998,212 | -€56,784 | -5.4% |
| Amounts payable after more than one year | 17 | €537,682 | €476,208 | -€61,474 | -11.4% |
| Financial debts | 170/4 | €537,682 | €476,208 | -€61,474 | -11.4% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €510,606 | €509,653 | -€953 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €62,876 | €61,474 | -€1,402 | -2.2% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €314,847 | €300,841 | -€14,006 | -4.4% |
| Suppliers | 440/4 | €314,847 | €300,841 | -€14,006 | -4.4% |
| Advances received on contracts in progress | 46 | €11,843 | €17,513 | +€5,670 | +47.9% |
| Taxes, remuneration and social security | 45 | €69,866 | €73,664 | +€3,798 | +5.4% |
| Taxes | 450/3 | €33,062 | €61,423 | +€28,361 | +85.8% |
| Remuneration and social security | 454/9 | €36,804 | €12,240 | -€24,564 | -66.7% |
| Other amounts payable | 47/48 | €1,174 | €6,162 | +€4,988 | +425% |
| Accrued charges and deferred income | 492/3 | €6,707 | €12,350 | +€5,643 | +84.1% |
| Non-recurring operating income | 76A | €0 | €9,250 | +€9,250 | |
| Remuneration, social security and pensions | 62 | €261,606 | €101,568 | -€160,038 | -61.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,676 | €73,304 | -€53,372 | -42.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,867 | +€2,867 | |
| Other operating charges | 640/8 | €14,354 | €12,462 | -€1,893 | -13.2% |
| Gross operating margin | 9900 | €343,256 | €161,468 | -€181,789 | -53.0% |
| Operating profit (loss) | 9901 | -€59,381 | -€28,733 | +€30,647 | +51.6% |
| Financial income | 75/76B | €393 | €279 | -€115 | -29.2% |
| Recurring financial income | 75 | €393 | €279 | -€115 | -29.2% |
| Financial charges | 65/66B | €34,983 | €29,206 | -€5,777 | -16.5% |
| Recurring financial charges | 65 | €34,983 | €29,206 | -€5,777 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | -€93,971 | -€57,661 | +€36,310 | +38.6% |
| Profit (loss) for the period | 9904 | -€93,971 | -€57,661 | +€36,310 | +38.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€93,971 | -€57,661 | +€36,310 | +38.6% |
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 17 October 2026 via checked.be.