GRENADILLA: what changed
Two fiscal 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.
GRENADILLA
Largest movements
- Intangible fixed assets -€159,203
down €159,203 (-25.0%), from €636,811 to €477,608
- Cash -€10,847
down €10,847 (-22.0%), from €49,317 to €38,469
mainly Net result for the year (-€170,157)
- Profit (loss) carried forward -€170,157
down €170,157 (-884.3%), from -€19,243 to -€189,400
- Gross operating margin -€1,476
down €1,476 (-17.0%), from -€8,704 to -€10,181
- Other operating charges -€563
down €563 (-48.1%), from €1,171 to €607
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 | €686,128 | €516,078 | -€170,050 | -24.8% |
| Fixed assets | 21/28 | €636,811 | €477,608 | -€159,203 | -25.0% |
| Intangible fixed assets | 21 | €636,811 | €477,608 | -€159,203 | -25.0% |
| Current assets | 29/58 | €49,317 | €38,469 | -€10,847 | -22.0% |
| Cash at bank and in hand | 54/58 | €49,317 | €38,469 | -€10,847 | -22.0% |
| Total equity and liabilities | 10/49 | €686,128 | €516,078 | -€170,050 | -24.8% |
| Equity | 10/15 | €683,952 | €513,795 | -€170,157 | -24.9% |
| Contributions | 10/11 | €18,263 | €18,263 | = | 0.0% |
| Reserves | 13 | €684,932 | €684,932 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,250 | €3,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,250 | €3,250 | = | 0.0% |
| Distributable reserves | 133 | €681,682 | €681,682 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,243 | -€189,400 | -€170,157 | -884.3% |
| Amounts payable | 17/49 | €2,176 | €2,283 | +€107 | +4.9% |
| Amounts payable within one year | 42/48 | €2,176 | €2,283 | +€107 | +4.9% |
| Trade debts | 44 | €2,176 | €2,283 | +€107 | +4.9% |
| Suppliers | 440/4 | €2,176 | €2,283 | +€107 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,203 | €159,203 | = | 0.0% |
| Other operating charges | 640/8 | €1,171 | €607 | -€563 | -48.1% |
| Gross operating margin | 9900 | -€8,704 | -€10,181 | -€1,476 | -17.0% |
| Operating profit (loss) | 9901 | -€169,078 | -€169,991 | -€913 | -0.5% |
| Financial charges | 65/66B | €165 | €166 | +€2 | +0.9% |
| Recurring financial charges | 65 | €165 | €166 | +€2 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€169,242 | -€170,157 | -€915 | -0.5% |
| Profit (loss) for the period | 9904 | -€169,242 | -€170,157 | -€915 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€169,242 | -€170,157 | -€915 | -0.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.