GRC INTERNATIONAL: what changed
What changed
GRC INTERNATIONAL
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€458
2024 · €456+€2
Equity
-€4,194
2024 · €13,940-€18,134
Cash
€68,853
2024 · €48,786+€20,067
Balance sheet total
€2.4m
2024 · €2.6m-€174,582
Largest movements
Assets
- Stocks and contracts -€149,845
down €149,845 (-6.1%), from €2.5m to €2.3m
- Tangible fixed assets -€44,804
down €44,804 (-65.8%), from €68,125 to €23,321
Equity and liabilities
- Other debts -€146,905
down €146,905 (-5.8%), from €2.5m to €2.4m
Income statement
- Purchases and services -€260,060
down €260,060 (-9.5%), from €2.7m to €2.5m
- Turnover -€253,871
down €253,871 (-8.9%), from €2.9m to €2.6m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€456
Gross operating margin
+€6,189
Staff costs
-€383
Other operating charges
-€5,343
Financial charges
-€110
Taxes
-€351
Result 2025
€458
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€38,660
Investment
-€1
Financing
-€18,592
Cash 2024
€48,786
From operations (derived)
+€38,660
Net result for the year
+€458
Depreciation
+€44,805
Stocks and contracts
+€149,845
Trade debts
-€9,712
Tax, wage and social debts
+€169
Other debts
-€146,905
Investment (derived)
-€1
Investment in fixed assets (net)
-€1
Financing
-€18,592
Contributions, distributions and other
-€18,592
Cash 2025
€68,853
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,577,674 | €2,403,092 | -€174,582 | -6.8% |
| Fixed assets | 21/28 | €68,125 | €23,321 | -€44,804 | -65.8% |
| Tangible fixed assets | 22/27 | €68,125 | €23,321 | -€44,804 | -65.8% |
| Land and buildings | 22 | €68,125 | €23,321 | -€44,804 | -65.8% |
| Current assets | 29/58 | €2,509,549 | €2,379,771 | -€129,778 | -5.2% |
| Stocks and contracts in progress | 3 | €2,460,763 | €2,310,918 | -€149,845 | -6.1% |
| Stocks | 30/36 | €2,460,763 | €2,310,918 | -€149,845 | -6.1% |
| Cash at bank and in hand | 54/58 | €48,786 | €68,853 | +€20,067 | +41.1% |
| Total equity and liabilities | 10/49 | €2,577,674 | €2,403,092 | -€174,582 | -6.8% |
| Equity | 10/15 | €13,940 | -€4,194 | -€18,134 | |
| Contributions | 10/11 | €18,592 | - | -€18,592 | |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Profit (loss) carried forward | 14 | -€4,652 | -€4,194 | +€458 | +9.8% |
| Amounts payable | 17/49 | €2,563,734 | €2,407,286 | -€156,448 | -6.1% |
| Amounts payable within one year | 42/48 | €2,563,734 | €2,407,286 | -€156,448 | -6.1% |
| Trade debts | 44 | €26,954 | €17,242 | -€9,712 | -36.0% |
| Suppliers | 440/4 | €26,954 | €17,242 | -€9,712 | -36.0% |
| Taxes, remuneration and social security | 45 | €4,887 | €5,056 | +€169 | +3.5% |
| Taxes | 450/3 | €910 | €911 | +€1 | +0.1% |
| Remuneration and social security | 454/9 | €3,977 | €4,145 | +€168 | +4.2% |
| Other amounts payable | 47/48 | €2,531,893 | €2,384,988 | -€146,905 | -5.8% |
| Turnover | 70 | €2,868,393 | €2,614,522 | -€253,871 | -8.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,739,927 | €2,479,867 | -€260,060 | -9.5% |
| Remuneration, social security and pensions | 62 | €62,342 | €62,725 | +€383 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,805 | €44,805 | = | 0.0% |
| Other operating charges | 640/8 | €20,108 | €25,451 | +€5,343 | +26.6% |
| Gross operating margin | 9900 | €128,466 | €134,655 | +€6,189 | +4.8% |
| Operating profit (loss) | 9901 | €1,211 | €1,674 | +€463 | +38.2% |
| Financial charges | 65/66B | €211 | €321 | +€110 | +52.1% |
| Recurring financial charges | 65 | €148 | €205 | +€57 | +38.5% |
| Non-recurring financial charges | 66B | €63 | €116 | +€53 | +84.1% |
| Profit (loss) for the period before taxes | 9903 | €1,000 | €1,353 | +€353 | +35.3% |
| Income taxes | 67/77 | €544 | €895 | +€351 | +64.5% |
| Profit (loss) for the period | 9904 | €456 | €458 | +€2 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €456 | €458 | +€2 | +0.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.