GRG GROUP: 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.
GRG GROUP
Largest movements
- Tangible fixed assets -€5,581
down €5,581 (-37.2%), from €15,000 to €9,419
- Receivables within one year +€323
up €323 (+7.9%), from €4,094 to €4,417
- Profit (loss) carried forward -€2,684
down €2,684 (-216.1%), from -€1,242 to -€3,925
- Trade debts -€2,583
down €2,583 (-14.9%), from €17,380 to €14,797
- Turnover +€13,000
new in 2025: €13,000
- Purchases and services +€7,063
up €7,063 (+574.3%), from €1,230 to €8,293
- Gross operating margin +€5,937
up €5,937, from -€1,230 to €4,707
- Depreciation +€5,581
new in 2025: €5,581
- Other operating charges +€1,834
new in 2025: €1,834
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 | €20,138 | €14,871 | -€5,267 | -26.2% |
| Formation expenses | 20 | €1,006 | €1,006 | = | 0.0% |
| Fixed assets | 21/28 | €15,000 | €9,419 | -€5,581 | -37.2% |
| Tangible fixed assets | 22/27 | €15,000 | €9,419 | -€5,581 | -37.2% |
| Furniture and vehicles | 24 | €15,000 | €9,419 | -€5,581 | -37.2% |
| Current assets | 29/58 | €4,132 | €4,446 | +€314 | +7.6% |
| Amounts receivable within one year | 40/41 | €4,094 | €4,417 | +€323 | +7.9% |
| Other amounts receivable | 41 | €4,094 | €4,417 | +€323 | +7.9% |
| Cash at bank and in hand | 54/58 | €38 | €29 | -€9 | -24.4% |
| Total equity and liabilities | 10/49 | €20,138 | €14,871 | -€5,267 | -26.2% |
| Equity | 10/15 | €2,758 | €75 | -€2,684 | -97.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,242 | -€3,925 | -€2,684 | -216.1% |
| Amounts payable | 17/49 | €17,380 | €14,797 | -€2,583 | -14.9% |
| Amounts payable within one year | 42/48 | €17,380 | €14,797 | -€2,583 | -14.9% |
| Trade debts | 44 | €17,380 | €14,797 | -€2,583 | -14.9% |
| Suppliers | 440/4 | €17,380 | €14,797 | -€2,583 | -14.9% |
| Turnover | 70 | - | €13,000 | +€13,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,230 | €8,293 | +€7,063 | +574.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,581 | +€5,581 | |
| Other operating charges | 640/8 | - | €1,834 | +€1,834 | |
| Gross operating margin | 9900 | -€1,230 | €4,707 | +€5,937 | |
| Operating profit (loss) | 9901 | -€1,230 | -€2,708 | -€1,478 | -120.2% |
| Financial income | 75/76B | - | €119 | +€119 | |
| Recurring financial income | 75 | - | €119 | +€119 | |
| Financial charges | 65/66B | €12 | €95 | +€83 | +689.9% |
| Recurring financial charges | 65 | €12 | €95 | +€83 | +689.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,242 | -€2,684 | -€1,442 | -116.1% |
| Profit (loss) for the period | 9904 | -€1,242 | -€2,684 | -€1,442 | -116.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,242 | -€2,684 | -€1,442 | -116.1% |
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 7 October 2026 via checked.be.