GRASCONSULT: 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.
GRASCONSULT
Largest movements
- Tangible fixed assets +€68,365
new in 2025: €68,365
- Receivables within one year +€27,623
up €27,623 (+585.4%), from €4,719 to €32,342
- Cash +€7,268
up €7,268 (+6.5%), from €111,928 to €119,196
mainly Debts after one year (+€45,174) and Net result for the year (+€41,231)
- Debts after one year +€45,174
new in 2025: €45,174
- Reserves +€41,000
up €41,000 (+102.5%), from €40,000 to €81,000
- Current portion of long-term debt +€13,637
new in 2025: €13,637
- Tax, wage and social debts -€7,459
down €7,459 (-20.9%), from €35,651 to €28,191
of which Taxes: -€9,609
- Trade debts +€6,502
new in 2025: €6,502
- Gross operating margin -€35,045
down €35,045 (-32.6%), from €107,624 to €72,579
- Depreciation +€14,616
new in 2025: €14,616
- Taxes -€10,066
down €10,066 (-35.4%), from €28,457 to €18,392
- Financial income +€4,701
new in 2025: €4,701
- Financial charges +€2,496
up €2,496 (+48473.0%), from €5 to €2,502
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 | €116,647 | €220,136 | +€103,489 | +88.7% |
| Fixed assets | 21/28 | - | €68,365 | +€68,365 | |
| Tangible fixed assets | 22/27 | - | €68,365 | +€68,365 | |
| Furniture and vehicles | 24 | - | €68,365 | +€68,365 | |
| Current assets | 29/58 | €116,647 | €151,771 | +€35,124 | +30.1% |
| Amounts receivable within one year | 40/41 | €4,719 | €32,342 | +€27,623 | +585.4% |
| Trade receivables | 40 | €4,719 | €32,342 | +€27,623 | +585.4% |
| Cash at bank and in hand | 54/58 | €111,928 | €119,196 | +€7,268 | +6.5% |
| Deferred charges and accrued income | 490/1 | - | €233 | +€233 | |
| Total equity and liabilities | 10/49 | €116,647 | €220,136 | +€103,489 | +88.7% |
| Equity | 10/15 | €80,996 | €122,227 | +€41,231 | +50.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €81,000 | +€41,000 | +102.5% |
| Distributable reserves | 133 | €40,000 | €81,000 | +€41,000 | +102.5% |
| Profit (loss) carried forward | 14 | €38,996 | €39,227 | +€231 | +0.6% |
| Amounts payable | 17/49 | €35,651 | €97,909 | +€62,259 | +174.6% |
| Amounts payable after more than one year | 17 | - | €45,174 | +€45,174 | |
| Financial debts | 170/4 | - | €45,174 | +€45,174 | |
| Amounts payable within one year | 42/48 | €35,651 | €52,735 | +€17,084 | +47.9% |
| Current portion of amounts payable after more than one year | 42 | - | €13,637 | +€13,637 | |
| Trade debts | 44 | - | €6,502 | +€6,502 | |
| Suppliers | 440/4 | - | €6,502 | +€6,502 | |
| Taxes, remuneration and social security | 45 | €35,651 | €28,191 | -€7,459 | -20.9% |
| Taxes | 450/3 | €35,651 | €26,041 | -€9,609 | -27.0% |
| Remuneration and social security | 454/9 | - | €2,150 | +€2,150 | |
| Other amounts payable | 47/48 | - | €4,404 | +€4,404 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €14,616 | +€14,616 | |
| Other operating charges | 640/8 | €166 | €541 | +€375 | +226.7% |
| Gross operating margin | 9900 | €107,624 | €72,579 | -€35,045 | -32.6% |
| Operating profit (loss) | 9901 | €107,459 | €57,423 | -€50,036 | -46.6% |
| Financial income | 75/76B | - | €4,701 | +€4,701 | |
| Recurring financial income | 75 | - | €4,701 | +€4,701 | |
| Financial charges | 65/66B | €5 | €2,502 | +€2,496 | +48473.0% |
| Recurring financial charges | 65 | €5 | €2,502 | +€2,496 | +48473.0% |
| Profit (loss) for the period before taxes | 9903 | €107,453 | €59,623 | -€47,831 | -44.5% |
| Income taxes | 67/77 | €28,457 | €18,392 | -€10,066 | -35.4% |
| Profit (loss) for the period | 9904 | €78,996 | €41,231 | -€37,765 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €78,996 | €41,231 | -€37,765 | -47.8% |
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 12 October 2026 via checked.be.