GRID Consulting: 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.
GRID Consulting
Largest movements
- Receivables within one year -€22,941
down €22,941 (-12.7%), from €181,105 to €158,164
of which Trade receivables: -€25,069
- Cash +€19,596
up €19,596 (+49.2%), from €39,824 to €59,420
mainly Net result for the year (+€25,952) and Receivables within one year (+€22,941)
- Reserves +€25,952
up €25,952 (+6.7%), from €389,330 to €415,282
of which Distributable reserves: +€28,738
- Other debts -€20,258
down €20,258 (-38.1%), from €53,196 to €32,938
- Tax, wage and social debts -€10,710
down €10,710 (-74.2%), from €14,439 to €3,730
- Gross operating margin -€10,776
down €10,776 (-16.5%), from €65,193 to €54,417
- Taxes -€3,690
down €3,690 (-20.6%), from €17,931 to €14,241
- Financial charges -€1,946
down €1,946 (-27.7%), from €7,011 to €5,066
- Depreciation +€843
up €843 (+8.4%), from €10,091 to €10,934
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €507,247 | €499,812 | -€7,435 | -1.5% |
| Fixed assets | 21/28 | €282,593 | €278,145 | -€4,448 | -1.6% |
| Tangible fixed assets | 22/27 | €282,593 | €278,145 | -€4,448 | -1.6% |
| Land and buildings | 22 | €280,177 | €271,089 | -€9,088 | -3.2% |
| Plant, machinery and equipment | 23 | €678 | €445 | -€233 | -34.3% |
| Furniture and vehicles | 24 | €1,738 | €6,610 | +€4,872 | +280% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €224,654 | €221,667 | -€2,987 | -1.3% |
| Amounts receivable within one year | 40/41 | €181,105 | €158,164 | -€22,941 | -12.7% |
| Trade receivables | 40 | €41,670 | €16,601 | -€25,069 | -60.2% |
| Other amounts receivable | 41 | €139,435 | €141,563 | +€2,128 | +1.5% |
| Cash at bank and in hand | 54/58 | €39,824 | €59,420 | +€19,596 | +49.2% |
| Deferred charges and accrued income | 490/1 | €3,725 | €4,083 | +€358 | +9.6% |
| Total equity and liabilities | 10/49 | €507,247 | €499,812 | -€7,435 | -1.5% |
| Equity | 10/15 | €401,730 | €427,682 | +€25,952 | +6.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €389,330 | €415,282 | +€25,952 | +6.7% |
| Tax-exempt reserves | 132 | €89,162 | €86,376 | -€2,786 | -3.1% |
| Distributable reserves | 133 | €300,168 | €328,907 | +€28,738 | +9.6% |
| Provisions and deferred taxes | 16 | €29,721 | €28,792 | -€929 | -3.1% |
| Deferred taxes | 168 | €29,721 | €28,792 | -€929 | -3.1% |
| Amounts payable | 17/49 | €75,796 | €43,338 | -€32,459 | -42.8% |
| Amounts payable within one year | 42/48 | €70,769 | €40,288 | -€30,481 | -43.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,134 | €3,621 | +€487 | +15.5% |
| Suppliers | 440/4 | €3,134 | €3,621 | +€487 | +15.5% |
| Taxes, remuneration and social security | 45 | €14,439 | €3,730 | -€10,710 | -74.2% |
| Taxes | 450/3 | €14,439 | €3,730 | -€10,710 | -74.2% |
| Other amounts payable | 47/48 | €53,196 | €32,938 | -€20,258 | -38.1% |
| Accrued charges and deferred income | 492/3 | €5,027 | €3,049 | -€1,978 | -39.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,091 | €10,934 | +€843 | +8.4% |
| Other operating charges | 640/8 | €534 | €547 | +€12 | +2.3% |
| Gross operating margin | 9900 | €65,193 | €54,417 | -€10,776 | -16.5% |
| Operating profit (loss) | 9901 | €54,568 | €42,936 | -€11,632 | -21.3% |
| Financial income | 75/76B | €1,380 | €1,394 | +€14 | +1.0% |
| Recurring financial income | 75 | €1,380 | €1,394 | +€14 | +1.0% |
| Financial charges | 65/66B | €7,011 | €5,066 | -€1,946 | -27.7% |
| Recurring financial charges | 65 | €7,011 | €5,066 | -€1,946 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €48,937 | €39,264 | -€9,672 | -19.8% |
| Transfer from deferred taxes | 780 | €929 | €929 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €17,931 | €14,241 | -€3,690 | -20.6% |
| Profit (loss) for the period | 9904 | €31,934 | €25,952 | -€5,982 | -18.7% |
| Transfer from tax-exempt reserves | 789 | €2,786 | €2,786 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €34,720 | €28,738 | -€5,982 | -17.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.