GRASOBEL: 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.
GRASOBEL
Largest movements
- Cash -€1,326
down €1,326 (-27.6%), from €4,809 to €3,482
mainly Investment in fixed assets (net) (-€5,355) and Net result for the year (-€1,203)
- Profit (loss) carried forward -€1,203
down €1,203 (-0.8%), from -€156,509 to -€157,712
- Gross operating margin -€740
down €740 (-11.4%), from €6,497 to €5,757
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 | €64,010 | €62,420 | -€1,590 | -2.5% |
| Fixed assets | 21/28 | €59,202 | €58,938 | -€264 | -0.4% |
| Tangible fixed assets | 22/27 | €59,202 | €58,938 | -€264 | -0.4% |
| Land and buildings | 22 | €59,202 | €58,938 | -€264 | -0.4% |
| Current assets | 29/58 | €4,809 | €3,482 | -€1,326 | -27.6% |
| Cash at bank and in hand | 54/58 | €4,809 | €3,482 | -€1,326 | -27.6% |
| Total equity and liabilities | 10/49 | €64,010 | €62,420 | -€1,590 | -2.5% |
| Equity | 10/15 | -€37,749 | -€38,951 | -€1,203 | -3.2% |
| Contributions | 10/11 | €111,552 | €111,552 | = | 0.0% |
| Contributions outside capital | 11 | - | €111,552 | +€111,552 | |
| Other | 1109/19 | - | €111,552 | +€111,552 | |
| Reserves | 13 | €7,208 | €7,208 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,530 | €3,530 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,530 | €3,530 | = | 0.0% |
| Distributable reserves | 133 | €3,679 | €3,679 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,509 | -€157,712 | -€1,203 | -0.8% |
| Amounts payable | 17/49 | €101,759 | €101,371 | -€387 | -0.4% |
| Amounts payable within one year | 42/48 | €101,759 | €101,371 | -€387 | -0.4% |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Other amounts payable | 47/48 | €101,371 | €101,371 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,600 | €5,619 | +€19 | +0.3% |
| Other operating charges | 640/8 | €1,316 | €1,356 | +€40 | +3.0% |
| Gross operating margin | 9900 | €6,497 | €5,757 | -€740 | -11.4% |
| Operating profit (loss) | 9901 | -€419 | -€1,217 | -€799 | -190.6% |
| Financial income | 75/76B | - | €60 | +€60 | |
| Recurring financial income | 75 | - | €60 | +€60 | |
| Financial charges | 65/66B | €38 | €45 | +€8 | +20.0% |
| Recurring financial charges | 65 | €38 | €45 | +€8 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | -€456 | -€1,203 | -€746 | -163.5% |
| Profit (loss) for the period | 9904 | -€456 | -€1,203 | -€746 | -163.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€456 | -€1,203 | -€746 | -163.5% |
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 9 October 2026 via checked.be.