GRENADINE: 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.
GRENADINE
Largest movements
- Cash +€21,403
up €21,403 (+38.4%), from €55,804 to €77,207
mainly Trade debts (+€18,764) and Net result for the year (+€3,236)
- Receivables within one year +€2,671
up €2,671 (+2.9%), from €90,592 to €93,262
of which Trade receivables: +€2,047
- Trade debts +€18,764
up €18,764 (+6202.9%), from €303 to €19,066
- Profit (loss) carried forward +€3,236
up €3,236 (+2.6%), from €123,830 to €127,066
- Tax, wage and social debts +€2,074
up €2,074 (+238.5%), from €869 to €2,943
- Gross operating margin -€15,808
down €15,808 (-70.7%), from €22,360 to €6,551
- Taxes -€4,791
down €4,791 (-81.6%), from €5,869 to €1,079
- Other operating charges +€3,692
up €3,692 (+953.2%), from €387 to €4,079
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 | €146,395 | €170,469 | +€24,074 | +16.4% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €146,395 | €170,469 | +€24,074 | +16.4% |
| Amounts receivable within one year | 40/41 | €90,592 | €93,262 | +€2,671 | +2.9% |
| Trade receivables | 40 | - | €2,047 | +€2,047 | |
| Other amounts receivable | 41 | €90,592 | €91,215 | +€624 | +0.7% |
| Cash at bank and in hand | 54/58 | €55,804 | €77,207 | +€21,403 | +38.4% |
| Total equity and liabilities | 10/49 | €146,395 | €170,469 | +€24,074 | +16.4% |
| Equity | 10/15 | €145,217 | €148,453 | +€3,236 | +2.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,795 | €2,795 | = | 0.0% |
| Distributable reserves | 133 | €2,795 | €2,795 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,830 | €127,066 | +€3,236 | +2.6% |
| Amounts payable | 17/49 | €1,179 | €22,016 | +€20,837 | +1768.1% |
| Amounts payable within one year | 42/48 | €1,179 | €22,016 | +€20,837 | +1768.1% |
| Trade debts | 44 | €303 | €19,066 | +€18,764 | +6202.9% |
| Suppliers | 440/4 | €303 | €19,066 | +€18,764 | +6202.9% |
| Taxes, remuneration and social security | 45 | €869 | €2,943 | +€2,074 | +238.5% |
| Taxes | 450/3 | €869 | €2,943 | +€2,074 | +238.5% |
| Other amounts payable | 47/48 | €7 | €7 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €387 | €4,079 | +€3,692 | +953.2% |
| Non-recurring operating charges | 66A | €223 | €0 | -€223 | -100.0% |
| Gross operating margin | 9900 | €22,360 | €6,551 | -€15,808 | -70.7% |
| Operating profit (loss) | 9901 | €21,749 | €2,472 | -€19,277 | -88.6% |
| Financial income | 75/76B | €1,674 | €1,895 | +€221 | +13.2% |
| Recurring financial income | 75 | €1,674 | €1,895 | +€221 | +13.2% |
| Financial charges | 65/66B | €50 | €52 | +€2 | +3.0% |
| Recurring financial charges | 65 | €50 | €52 | +€2 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €23,374 | €4,315 | -€19,059 | -81.5% |
| Income taxes | 67/77 | €5,869 | €1,079 | -€4,791 | -81.6% |
| Profit (loss) for the period | 9904 | €17,504 | €3,236 | -€14,268 | -81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,504 | €3,236 | -€14,268 | -81.5% |
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 4 October 2026 via checked.be.