GRENVILLE: 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.
GRENVILLE
Largest movements
- Cash +€6,290
up €6,290 (+217%), from €2,903 to €9,193
mainly Net result for the year (+€6,576) and Depreciation (+€3,074)
- Receivables within one year +€3,539
up €3,539 (+81.8%), from €4,326 to €7,865
- Tangible fixed assets -€1,987
down €1,987 (-33.9%), from €5,866 to €3,878
of which Furniture and vehicles: -€1,799
- Deferred charges and accrued income +€835
up €835 (+197%), from €423 to €1,258
- Contributions +€8,060
new in 2025: €8,060
- Reserves -€8,060
no longer reported in 2025 (was €8,060)
- Profit (loss) carried forward +€6,576
up €6,576 (+10.3%), from -€63,660 to -€57,085
- Other debts +€1,347
up €1,347 (+2.1%), from €64,937 to €66,284
- Tax, wage and social debts +€1,007
up €1,007 (+109%), from €920 to €1,926
- Gross operating margin +€24,070
up €24,070, from -€13,487 to €10,583
- Depreciation +€367
up €367 (+13.6%), from €2,707 to €3,074
- Financial charges +€184
up €184 (+88.1%), from €209 to €393
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.
Derived cash bridge
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 | €13,518 | €22,194 | +€8,676 | +64.2% |
| Fixed assets | 21/28 | €5,866 | €3,878 | -€1,987 | -33.9% |
| Tangible fixed assets | 22/27 | €5,866 | €3,878 | -€1,987 | -33.9% |
| Furniture and vehicles | 24 | €5,677 | €3,878 | -€1,799 | -31.7% |
| Other tangible fixed assets | 26 | €189 | - | -€189 | |
| Current assets | 29/58 | €7,653 | €18,316 | +€10,663 | +139% |
| Amounts receivable within one year | 40/41 | €4,326 | €7,865 | +€3,539 | +81.8% |
| Trade receivables | 40 | €4,326 | €7,865 | +€3,539 | +81.8% |
| Cash at bank and in hand | 54/58 | €2,903 | €9,193 | +€6,290 | +217% |
| Deferred charges and accrued income | 490/1 | €423 | €1,258 | +€835 | +197% |
| Total equity and liabilities | 10/49 | €13,518 | €22,194 | +€8,676 | +64.2% |
| Equity | 10/15 | -€55,600 | -€49,025 | +€6,576 | +11.8% |
| Contributions | 10/11 | - | €8,060 | +€8,060 | |
| Reserves | 13 | €8,060 | - | -€8,060 | |
| Distributable reserves | 133 | €8,060 | - | -€8,060 | |
| Profit (loss) carried forward | 14 | -€63,660 | -€57,085 | +€6,576 | +10.3% |
| Amounts payable | 17/49 | €69,118 | €71,219 | +€2,100 | +3.0% |
| Amounts payable within one year | 42/48 | €69,118 | €71,134 | +€2,016 | +2.9% |
| Trade debts | 44 | €3,262 | €2,924 | -€338 | -10.4% |
| Suppliers | 440/4 | €3,262 | €2,924 | -€338 | -10.4% |
| Taxes, remuneration and social security | 45 | €920 | €1,926 | +€1,007 | +109% |
| Taxes | 450/3 | €920 | €1,926 | +€1,007 | +109% |
| Other amounts payable | 47/48 | €64,937 | €66,284 | +€1,347 | +2.1% |
| Accrued charges and deferred income | 492/3 | - | €84 | +€84 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,707 | €3,074 | +€367 | +13.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€13,487 | €10,583 | +€24,070 | |
| Operating profit (loss) | 9901 | -€16,581 | €7,110 | +€23,690 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €209 | €393 | +€184 | +88.1% |
| Recurring financial charges | 65 | €209 | €393 | +€184 | +88.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,790 | €6,717 | +€23,506 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€16,929 | €6,576 | +€23,505 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,929 | €6,576 | +€23,505 |
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 14 October 2026 via checked.be.