GRIDctrl: 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.
GRIDctrl
Largest movements
- Receivables within one year +€100,475
up €100,475 (+163.1%), from €61,587 to €162,061
of which Trade receivables: +€102,798
- Intangible fixed assets +€41,718
new in 2024: €41,718
- Cash -€14,207
down €14,207 (-47.1%), from €30,134 to €15,926
mainly Receivables within one year (-€100,475) and Investment in fixed assets (net) (-€43,256)
- Trade debts +€113,713
up €113,713 (+267.4%), from €42,523 to €156,237
- Reserves +€11,226
up €11,226 (+537.2%), from €2,090 to €13,316
- Gross operating margin +€10,474
up €10,474 (+156.3%), from €6,703 to €17,177
- Staff costs -€3,020
no longer reported in 2024 (was €3,020)
- Taxes +€2,107
up €2,107 (+300.9%), from €700 to €2,807
- Depreciation +€1,541
up €1,541 (+653.5%), from €236 to €1,777
- Other operating charges +€713
up €713 (+202.4%), from €352 to €1,065
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,677 | €220,423 | +€127,746 | +137.8% |
| Formation expenses | 20 | €956 | €718 | -€238 | -24.9% |
| Fixed assets | 21/28 | - | €41,718 | +€41,718 | |
| Intangible fixed assets | 21 | - | €41,718 | +€41,718 | |
| Current assets | 29/58 | €91,720 | €177,988 | +€86,267 | +94.1% |
| Amounts receivable within one year | 40/41 | €61,587 | €162,061 | +€100,475 | +163.1% |
| Trade receivables | 40 | €58,249 | €161,047 | +€102,798 | +176.5% |
| Other amounts receivable | 41 | €3,338 | €1,015 | -€2,323 | -69.6% |
| Cash at bank and in hand | 54/58 | €30,134 | €15,926 | -€14,207 | -47.1% |
| Total equity and liabilities | 10/49 | €92,677 | €220,423 | +€127,746 | +137.8% |
| Equity | 10/15 | €5,090 | €16,316 | +€11,226 | +220.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,090 | €13,316 | +€11,226 | +537.2% |
| Distributable reserves | 133 | €2,090 | €13,316 | +€11,226 | +537.2% |
| Amounts payable | 17/49 | €87,587 | €204,107 | +€116,520 | +133.0% |
| Amounts payable within one year | 42/48 | €87,368 | €204,107 | +€116,740 | +133.6% |
| Trade debts | 44 | €42,523 | €156,237 | +€113,713 | +267.4% |
| Suppliers | 440/4 | €42,523 | €156,237 | +€113,713 | +267.4% |
| Taxes, remuneration and social security | 45 | €1,963 | €3,507 | +€1,544 | +78.6% |
| Taxes | 450/3 | €700 | €3,507 | +€2,807 | +400.9% |
| Remuneration and social security | 454/9 | €1,263 | - | -€1,263 | |
| Other amounts payable | 47/48 | €42,882 | €44,364 | +€1,483 | +3.5% |
| Accrued charges and deferred income | 492/3 | €220 | - | -€220 | |
| Remuneration, social security and pensions | 62 | €3,020 | - | -€3,020 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €236 | €1,777 | +€1,541 | +653.5% |
| Other operating charges | 640/8 | €352 | €1,065 | +€713 | +202.4% |
| Gross operating margin | 9900 | €6,703 | €17,177 | +€10,474 | +156.3% |
| Operating profit (loss) | 9901 | €3,095 | €14,335 | +€11,240 | +363.1% |
| Financial charges | 65/66B | €306 | €302 | -€4 | -1.2% |
| Recurring financial charges | 65 | €306 | €302 | -€4 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €2,790 | €14,033 | +€11,243 | +403.0% |
| Income taxes | 67/77 | €700 | €2,807 | +€2,107 | +300.9% |
| Profit (loss) for the period | 9904 | €2,090 | €11,226 | +€9,137 | +437.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,090 | €11,226 | +€9,137 | +437.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.