Graslelie: 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.
Graslelie
Largest movements
- Cash +€54,100
up €54,100 (+91.5%), from €59,097 to €113,197
mainly Net result for the year (+€35,416) and Receivables within one year (+€8,573)
- Receivables within one year -€8,573
down €8,573 (-25.7%), from €33,365 to €24,793
- Deferred charges and accrued income -€6,580
no longer reported in 2025 (was €6,580)
- Reserves +€35,416
up €35,416 (+56.1%), from €63,109 to €98,524
- Trade debts +€2,661
up €2,661 (+100%), from €2,653 to €5,314
- Tax, wage and social debts +€2,178
up €2,178 (+11.0%), from €19,884 to €22,062
- Other debts -€1,956
down €1,956 (-20.7%), from €9,466 to €7,510
- Gross operating margin -€34,872
down €34,872 (-42.6%), from €81,904 to €47,031
- Taxes -€6,902
down €6,902 (-39.7%), from €17,381 to €10,479
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 | €100,112 | €138,411 | +€38,299 | +38.3% |
| Fixed assets | 21/28 | €1,070 | €422 | -€648 | -60.6% |
| Tangible fixed assets | 22/27 | €1,070 | €422 | -€648 | -60.6% |
| Furniture and vehicles | 24 | €1,070 | €422 | -€648 | -60.6% |
| Current assets | 29/58 | €99,042 | €137,989 | +€38,947 | +39.3% |
| Amounts receivable within one year | 40/41 | €33,365 | €24,793 | -€8,573 | -25.7% |
| Trade receivables | 40 | €33,365 | €24,793 | -€8,573 | -25.7% |
| Cash at bank and in hand | 54/58 | €59,097 | €113,197 | +€54,100 | +91.5% |
| Deferred charges and accrued income | 490/1 | €6,580 | - | -€6,580 | |
| Total equity and liabilities | 10/49 | €100,112 | €138,411 | +€38,299 | +38.3% |
| Equity | 10/15 | €68,109 | €103,524 | +€35,416 | +52.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €63,109 | €98,524 | +€35,416 | +56.1% |
| Distributable reserves | 133 | €63,109 | €98,524 | +€35,416 | +56.1% |
| Amounts payable | 17/49 | €32,003 | €34,887 | +€2,883 | +9.0% |
| Amounts payable within one year | 42/48 | €32,003 | €34,887 | +€2,883 | +9.0% |
| Trade debts | 44 | €2,653 | €5,314 | +€2,661 | +100% |
| Suppliers | 440/4 | €2,653 | €5,314 | +€2,661 | +100% |
| Taxes, remuneration and social security | 45 | €19,884 | €22,062 | +€2,178 | +11.0% |
| Taxes | 450/3 | €19,884 | €22,062 | +€2,178 | +11.0% |
| Other amounts payable | 47/48 | €9,466 | €7,510 | -€1,956 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €875 | €648 | -€227 | -25.9% |
| Other operating charges | 640/8 | €451 | €255 | -€196 | -43.5% |
| Gross operating margin | 9900 | €81,904 | €47,031 | -€34,872 | -42.6% |
| Operating profit (loss) | 9901 | €80,578 | €46,128 | -€34,450 | -42.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €89 | €234 | +€145 | +162% |
| Recurring financial charges | 65 | €89 | €234 | +€145 | +162% |
| Profit (loss) for the period before taxes | 9903 | €80,489 | €45,894 | -€34,595 | -43.0% |
| Income taxes | 67/77 | €17,381 | €10,479 | -€6,902 | -39.7% |
| Profit (loss) for the period | 9904 | €63,109 | €35,416 | -€27,693 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,109 | €35,416 | -€27,693 | -43.9% |
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 22 October 2026 via checked.be.