GratitudeGround: 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.
GratitudeGround
Largest movements
- Cash +€14,947
up €14,947 (+112%), from €13,381 to €28,328
mainly Net result for the year (+€28,829) and Tax, wage and social debts (+€7,005)
- Receivables within one year +€4,112
up €4,112 (+378%), from €1,088 to €5,199
- Financial fixed assets -€2,000
no longer reported in 2025 (was €2,000)
- Deferred charges and accrued income -€1,470
down €1,470 (-36.1%), from €4,068 to €2,598
- Tangible fixed assets +€940
up €940 (+36.1%), from €2,602 to €3,542
of which Furniture and vehicles: +€1,349
- Profit (loss) carried forward +€28,829
up €28,829, from -€8,119 to €20,710
- Other debts -€23,417
down €23,417 (-95.1%), from €24,617 to €1,200
- Tax, wage and social debts +€7,005
up €7,005 (+259%), from €2,701 to €9,706
of which Taxes: +€6,954
- Accrued charges and deferred income +€2,313
up €2,313 (+9,252%), from €25 to €2,338
- Trade debts +€1,880
up €1,880 (+66.8%), from €2,815 to €4,695
- Gross operating margin +€52,977
up €52,977 (+241%), from €21,961 to €74,938
- Staff costs +€11,978
up €11,978 (+50.0%), from €23,943 to €35,921
- Taxes +€5,700
new in 2025: €5,700
- Other operating charges -€1,622
down €1,622 (-51.3%), from €3,162 to €1,540
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 | €23,138 | €39,667 | +€16,529 | +71.4% |
| Fixed assets | 21/28 | €4,602 | €3,542 | -€1,060 | -23.0% |
| Tangible fixed assets | 22/27 | €2,602 | €3,542 | +€940 | +36.1% |
| Plant, machinery and equipment | 23 | €2,028 | €1,619 | -€409 | -20.2% |
| Furniture and vehicles | 24 | €574 | €1,923 | +€1,349 | +235% |
| Financial fixed assets | 28 | €2,000 | - | -€2,000 | |
| Current assets | 29/58 | €18,536 | €36,125 | +€17,589 | +94.9% |
| Amounts receivable within one year | 40/41 | €1,088 | €5,199 | +€4,112 | +378% |
| Other amounts receivable | 41 | €1,088 | €5,199 | +€4,112 | +378% |
| Cash at bank and in hand | 54/58 | €13,381 | €28,328 | +€14,947 | +112% |
| Deferred charges and accrued income | 490/1 | €4,068 | €2,598 | -€1,470 | -36.1% |
| Total equity and liabilities | 10/49 | €23,138 | €39,667 | +€16,529 | +71.4% |
| Equity | 10/15 | -€7,119 | €21,710 | +€28,829 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,119 | €20,710 | +€28,829 | |
| Amounts payable | 17/49 | €30,257 | €17,957 | -€12,300 | -40.7% |
| Amounts payable within one year | 42/48 | €30,232 | €15,619 | -€14,613 | -48.3% |
| Financial debts | 43 | €99 | €18 | -€81 | -81.9% |
| Credit institutions | 430/8 | €99 | €18 | -€81 | -81.9% |
| Trade debts | 44 | €2,815 | €4,695 | +€1,880 | +66.8% |
| Suppliers | 440/4 | €2,815 | €4,695 | +€1,880 | +66.8% |
| Taxes, remuneration and social security | 45 | €2,701 | €9,706 | +€7,005 | +259% |
| Taxes | 450/3 | €161 | €7,116 | +€6,954 | +4,314% |
| Remuneration and social security | 454/9 | €2,540 | €2,591 | +€50 | +2.0% |
| Other amounts payable | 47/48 | €24,617 | €1,200 | -€23,417 | -95.1% |
| Accrued charges and deferred income | 492/3 | €25 | €2,338 | +€2,313 | +9,252% |
| Remuneration, social security and pensions | 62 | €23,943 | €35,921 | +€11,978 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99 | €659 | +€561 | +569% |
| Other operating charges | 640/8 | €3,162 | €1,540 | -€1,622 | -51.3% |
| Gross operating margin | 9900 | €21,961 | €74,938 | +€52,977 | +241% |
| Operating profit (loss) | 9901 | -€5,242 | €36,818 | +€42,060 | |
| Financial income | 75/76B | €31 | €344 | +€314 | +1,020% |
| Recurring financial income | 75 | €31 | €344 | +€314 | +1,020% |
| Financial charges | 65/66B | €2,908 | €2,634 | -€274 | -9.4% |
| Recurring financial charges | 65 | €2,908 | €2,634 | -€274 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,119 | €34,529 | +€42,648 | |
| Income taxes | 67/77 | - | €5,700 | +€5,700 | |
| Profit (loss) for the period | 9904 | -€8,119 | €28,829 | +€36,948 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,119 | €28,829 | +€36,948 |
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.