Grensstraat: 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.
Grensstraat
Largest movements
- Stocks and contracts +€138,278
up €138,278 (+4.3%), from €3.2m to €3.4m
- Short-term financial debts +€146,765
up €146,765 (+5.8%), from €2.5m to €2.7m
of which Other loans: +€146,765
- Gross operating margin -€24,104
down €24,104 (-15.5%), from €155,241 to €131,137
- Financial charges -€22,019
down €22,019 (-13.5%), from €162,645 to €140,626
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 | €3,253,814 | €3,379,622 | +€125,808 | +3.9% |
| Formation expenses | 20 | €305 | €23 | -€282 | -92.3% |
| Current assets | 29/58 | €3,253,509 | €3,379,599 | +€126,090 | +3.9% |
| Stocks and contracts in progress | 3 | €3,238,724 | €3,377,002 | +€138,278 | +4.3% |
| Stocks | 30/36 | €3,238,724 | €3,377,002 | +€138,278 | +4.3% |
| Amounts receivable within one year | 40/41 | €599 | €7 | -€592 | -98.8% |
| Other amounts receivable | 41 | €599 | €7 | -€592 | -98.8% |
| Cash at bank and in hand | 54/58 | €14,185 | €2,590 | -€11,596 | -81.7% |
| Total equity and liabilities | 10/49 | €3,253,814 | €3,379,622 | +€125,808 | +3.9% |
| Equity | 10/15 | €632,370 | €620,624 | -€11,746 | -1.9% |
| Contributions | 10/11 | €666,000 | €666,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,630 | -€45,376 | -€11,746 | -34.9% |
| Amounts payable | 17/49 | €2,621,444 | €2,758,998 | +€137,554 | +5.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €2,522,967 | €2,670,099 | +€147,132 | +5.8% |
| Financial debts | 43 | €2,519,390 | €2,666,155 | +€146,765 | +5.8% |
| Credit institutions | 430/8 | €1,750,652 | €1,750,652 | = | 0.0% |
| Other loans | 439 | €768,738 | €915,503 | +€146,765 | +19.1% |
| Trade debts | 44 | €3,367 | €3,674 | +€307 | +9.1% |
| Suppliers | 440/4 | €3,367 | €3,674 | +€307 | +9.1% |
| Taxes, remuneration and social security | 45 | €210 | €270 | +€61 | +28.9% |
| Taxes | 450/3 | €210 | €270 | +€61 | +28.9% |
| Accrued charges and deferred income | 492/3 | €98,477 | €88,899 | -€9,578 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €282 | €282 | = | 0.0% |
| Other operating charges | 640/8 | €1,481 | €1,975 | +€494 | +33.4% |
| Gross operating margin | 9900 | €155,241 | €131,137 | -€24,104 | -15.5% |
| Operating profit (loss) | 9901 | €153,478 | €128,880 | -€24,598 | -16.0% |
| Financial charges | 65/66B | €162,645 | €140,626 | -€22,019 | -13.5% |
| Recurring financial charges | 65 | €162,645 | €140,626 | -€22,019 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,167 | -€11,746 | -€2,579 | -28.1% |
| Profit (loss) for the period | 9904 | -€9,167 | -€11,746 | -€2,579 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,167 | -€11,746 | -€2,579 | -28.1% |
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 11 October 2026 via checked.be.