GRID HOLDING BELGIUM: what changed
GRID HOLDING BELGIUM
Largest movements
- Cash -€144,199
down €144,199 (-38.8%), from €371,241 to €227,042
mainly Other debts (-€146,081) and Net result for the year (-€13,729)
- Receivables within one year -€12,241
down €12,241 (-3.4%), from €359,224 to €346,984
of which Trade receivables: -€6,188
- Other debts -€146,081
down €146,081 (-100.0%), from €146,082 to €1
- Profit (loss) carried forward -€13,729
down €13,729 (-0.3%), from -€4.0m to -€4.0m
- Gross operating margin -€19,832
down €19,832 (-3,489%), from -€568 to -€20,400
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €730,466 | €574,026 | -€156,440 | -21.4% |
| Current assets | 29/58 | €730,466 | €574,026 | -€156,440 | -21.4% |
| Amounts receivable within one year | 40/41 | €359,224 | €346,984 | -€12,241 | -3.4% |
| Trade receivables | 40 | €11,062 | €4,874 | -€6,188 | -55.9% |
| Other amounts receivable | 41 | €348,162 | €342,110 | -€6,053 | -1.7% |
| Cash at bank and in hand | 54/58 | €371,241 | €227,042 | -€144,199 | -38.8% |
| Total equity and liabilities | 10/49 | €730,466 | €574,026 | -€156,440 | -21.4% |
| Equity | 10/15 | €584,154 | €570,425 | -€13,729 | -2.4% |
| Contributions | 10/11 | €3,872,047 | €3,872,047 | = | 0.0% |
| Capital | 10 | €3,872,047 | €3,872,047 | = | 0.0% |
| Issued capital | 100 | €3,872,047 | €3,872,047 | = | 0.0% |
| Reserves | 13 | €698,063 | €698,063 | = | 0.0% |
| Non-distributable reserves | 130/1 | €204,548 | €204,548 | = | 0.0% |
| Legal reserve | 130 | €204,548 | €204,548 | = | 0.0% |
| Distributable reserves | 133 | €493,515 | €493,515 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,985,956 | -€3,999,685 | -€13,729 | -0.3% |
| Amounts payable | 17/49 | €146,312 | €3,601 | -€142,711 | -97.5% |
| Amounts payable within one year | 42/48 | €146,239 | €1 | -€146,238 | -100.0% |
| Trade debts | 44 | €69 | €0 | -€69 | -100% |
| Suppliers | 440/4 | €69 | €0 | -€69 | -100% |
| Taxes, remuneration and social security | 45 | €88 | €0 | -€88 | -100% |
| Taxes | 450/3 | €88 | €0 | -€88 | -100% |
| Other amounts payable | 47/48 | €146,082 | €1 | -€146,081 | -100.0% |
| Accrued charges and deferred income | 492/3 | €73 | €3,600 | +€3,527 | +4,813% |
| Other operating charges | 640/8 | €532 | €594 | +€61 | +11.5% |
| Gross operating margin | 9900 | -€568 | -€20,400 | -€19,832 | -3,489% |
| Operating profit (loss) | 9901 | -€1,101 | -€20,994 | -€19,893 | -1,807% |
| Financial income | 75/76B | €7,500 | €7,518 | +€18 | +0.2% |
| Recurring financial income | 75 | €7,500 | €7,518 | +€18 | +0.2% |
| Financial charges | 65/66B | €283 | €252 | -€31 | -10.9% |
| Recurring financial charges | 65 | €283 | €252 | -€31 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €6,116 | -€13,729 | -€19,845 | |
| Profit (loss) for the period | 9904 | €6,116 | -€13,729 | -€19,845 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,116 | -€13,729 | -€19,845 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.