GRASVRETERS: 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.
GRASVRETERS
Largest movements
- Receivables within one year -€81,752
down €81,752 (-89.7%), from €91,172 to €9,420
of which Trade receivables: -€65,121
- Cash -€24,405
down €24,405 (-66.3%), from €36,790 to €12,385
mainly Trade debts (-€95,816) and Net result for the year (-€7,986)
- Trade debts -€95,816
down €95,816 (-95.7%), from €100,104 to €4,289
- Profit (loss) carried forward -€7,986
down €7,986 (-167.0%), from -€4,782 to -€12,768
- Tax, wage and social debts -€3,150
down €3,150 (-100.0%), from €3,150 to €0
- Gross operating margin -€1,453
down €1,453 (-23.8%), from -€6,096 to -€7,549
- Financial income +€103
up €103 (+6022.2%), from €2 to €105
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 | €128,086 | €22,049 | -€106,037 | -82.8% |
| Current assets | 29/58 | €128,086 | €22,049 | -€106,037 | -82.8% |
| Amounts receivable within one year | 40/41 | €91,172 | €9,420 | -€81,752 | -89.7% |
| Trade receivables | 40 | €73,711 | €8,590 | -€65,121 | -88.3% |
| Other amounts receivable | 41 | €17,462 | €830 | -€16,631 | -95.2% |
| Cash at bank and in hand | 54/58 | €36,790 | €12,385 | -€24,405 | -66.3% |
| Deferred charges and accrued income | 490/1 | €124 | €244 | +€120 | +96.4% |
| Total equity and liabilities | 10/49 | €128,086 | €22,049 | -€106,037 | -82.8% |
| Equity | 10/15 | €23,973 | €15,987 | -€7,986 | -33.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,555 | €22,555 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €22,555 | €22,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,782 | -€12,768 | -€7,986 | -167.0% |
| Amounts payable | 17/49 | €104,114 | €6,063 | -€98,051 | -94.2% |
| Amounts payable within one year | 42/48 | €104,114 | €6,063 | -€98,051 | -94.2% |
| Trade debts | 44 | €100,104 | €4,289 | -€95,816 | -95.7% |
| Suppliers | 440/4 | €100,104 | €4,289 | -€95,816 | -95.7% |
| Taxes, remuneration and social security | 45 | €3,150 | €0 | -€3,150 | -100.0% |
| Taxes | 450/3 | €3,150 | €0 | -€3,150 | -100.0% |
| Other amounts payable | 47/48 | €859 | €1,774 | +€915 | +106.5% |
| Other operating charges | 640/8 | €486 | €462 | -€25 | -5.0% |
| Gross operating margin | 9900 | -€6,096 | -€7,549 | -€1,453 | -23.8% |
| Operating profit (loss) | 9901 | -€6,582 | -€8,011 | -€1,428 | -21.7% |
| Financial income | 75/76B | €2 | €105 | +€103 | +6022.2% |
| Recurring financial income | 75 | €2 | €105 | +€103 | +6022.2% |
| Financial charges | 65/66B | €61 | €74 | +€13 | +20.6% |
| Recurring financial charges | 65 | €61 | €74 | +€13 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,642 | -€7,979 | -€1,338 | -20.1% |
| Income taxes | 67/77 | €1 | €7 | +€6 | +1213.7% |
| Profit (loss) for the period | 9904 | -€6,642 | -€7,986 | -€1,344 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,642 | -€7,986 | -€1,344 | -20.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.