GRENICK: 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.
GRENICK
Largest movements
- Cash +€96,463
up €96,463 (+220.8%), from €43,679 to €140,142
mainly Net result for the year (+€175,539) and Deferred charges and accrued income (+€1,490)
- Stocks and contracts +€17,017
up €17,017 (+1.8%), from €932,009 to €949,026
- Receivables within one year +€16,068
up €16,068 (+5.8%), from €276,306 to €292,374
of which Trade receivables: +€15,720
- Profit (loss) carried forward +€175,539
up €175,539 (+19.8%), from €888,586 to €1.1m
- Trade debts -€24,564
down €24,564 (-31.1%), from €78,863 to €54,299
- Other debts -€16,308
down €16,308 (-17.6%), from €92,753 to €76,446
- Gross operating margin +€113,509
up €113,509 (+133.9%), from €84,741 to €198,250
- Financial income -€23,624
down €23,624 (-64.4%), from €36,697 to €13,074
- Financial charges -€8,512
down €8,512 (-31.8%), from €26,768 to €18,257
- Taxes +€5,793
up €5,793 (+73.7%), from €7,862 to €13,655
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 | €1,253,965 | €1,382,023 | +€128,058 | +10.2% |
| Current assets | 29/58 | €1,253,965 | €1,382,023 | +€128,058 | +10.2% |
| Stocks and contracts in progress | 3 | €932,009 | €949,026 | +€17,017 | +1.8% |
| Stocks | 30/36 | €932,009 | €949,026 | +€17,017 | +1.8% |
| Amounts receivable within one year | 40/41 | €276,306 | €292,374 | +€16,068 | +5.8% |
| Trade receivables | 40 | €275,949 | €291,669 | +€15,720 | +5.7% |
| Other amounts receivable | 41 | €357 | €704 | +€348 | +97.6% |
| Cash at bank and in hand | 54/58 | €43,679 | €140,142 | +€96,463 | +220.8% |
| Deferred charges and accrued income | 490/1 | €1,972 | €481 | -€1,490 | -75.6% |
| Total equity and liabilities | 10/49 | €1,253,965 | €1,382,023 | +€128,058 | +10.2% |
| Equity | 10/15 | €914,038 | €1,089,576 | +€175,539 | +19.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,859 | €6,859 | = | 0.0% |
| Distributable reserves | 133 | €6,859 | €6,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €888,586 | €1,064,125 | +€175,539 | +19.8% |
| Amounts payable | 17/49 | €339,927 | €292,447 | -€47,481 | -14.0% |
| Amounts payable after more than one year | 17 | €101,500 | €101,500 | = | 0.0% |
| Financial debts | 170/4 | €101,500 | €101,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €232,541 | €190,947 | -€41,594 | -17.9% |
| Trade debts | 44 | €78,863 | €54,299 | -€24,564 | -31.1% |
| Suppliers | 440/4 | €78,863 | €54,299 | -€24,564 | -31.1% |
| Taxes, remuneration and social security | 45 | €60,924 | €60,202 | -€722 | -1.2% |
| Taxes | 450/3 | €8,795 | €21,562 | +€12,767 | +145.2% |
| Remuneration and social security | 454/9 | €52,129 | €38,640 | -€13,489 | -25.9% |
| Other amounts payable | 47/48 | €92,753 | €76,446 | -€16,308 | -17.6% |
| Accrued charges and deferred income | 492/3 | €5,887 | €0 | -€5,887 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €329 | +€329 | |
| Other operating charges | 640/8 | €4,635 | €3,544 | -€1,090 | -23.5% |
| Gross operating margin | 9900 | €84,741 | €198,250 | +€113,509 | +133.9% |
| Operating profit (loss) | 9901 | €80,106 | €194,377 | +€114,271 | +142.6% |
| Financial income | 75/76B | €36,697 | €13,074 | -€23,624 | -64.4% |
| Recurring financial income | 75 | €36,697 | €13,074 | -€23,624 | -64.4% |
| Financial charges | 65/66B | €26,768 | €18,257 | -€8,512 | -31.8% |
| Recurring financial charges | 65 | €26,768 | €18,257 | -€8,512 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €90,035 | €189,194 | +€99,159 | +110.1% |
| Income taxes | 67/77 | €7,862 | €13,655 | +€5,793 | +73.7% |
| Profit (loss) for the period | 9904 | €82,173 | €175,539 | +€93,366 | +113.6% |
| Profit (loss) for the period to be appropriated | 9905 | €82,173 | €175,539 | +€93,366 | +113.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.