GRIDesign: 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.
GRIDesign
Largest movements
- Tangible fixed assets -€11,422
down €11,422 (-8.6%), from €132,692 to €121,270
- Cash +€1,735
up €1,735 (+288%), from €602 to €2,337
mainly Other debts (+€15,397) and Depreciation (+€11,422)
- Profit (loss) carried forward -€17,050
down €17,050 (-156%), from -€10,930 to -€27,980
- Other debts +€15,397
up €15,397 (+29.4%), from €52,286 to €67,683
- Debts after one year -€6,843
down €6,843 (-9.2%), from €74,233 to €67,390
- Gross operating margin -€10,759
down €10,759, from €8,379 to -€2,380
- Depreciation -€1,175
down €1,175 (-9.3%), from €12,598 to €11,422
- Financial charges -€785
down €785 (-30.1%), from €2,609 to €1,824
- Other operating charges -€123
down €123 (-9.1%), from €1,359 to €1,236
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 | €134,639 | €124,398 | -€10,240 | -7.6% |
| Fixed assets | 21/28 | €132,692 | €121,270 | -€11,422 | -8.6% |
| Tangible fixed assets | 22/27 | €132,692 | €121,270 | -€11,422 | -8.6% |
| Land and buildings | 22 | €116,922 | €111,662 | -€5,260 | -4.5% |
| Plant, machinery and equipment | 23 | €4,196 | €3,048 | -€1,147 | -27.3% |
| Furniture and vehicles | 24 | €11,574 | €6,559 | -€5,015 | -43.3% |
| Current assets | 29/58 | €1,947 | €3,129 | +€1,182 | +60.7% |
| Amounts receivable within one year | 40/41 | €1,153 | €625 | -€529 | -45.8% |
| Other amounts receivable | 41 | €1,153 | €625 | -€529 | -45.8% |
| Cash at bank and in hand | 54/58 | €602 | €2,337 | +€1,735 | +288% |
| Deferred charges and accrued income | 490/1 | €192 | €167 | -€25 | -13.1% |
| Total equity and liabilities | 10/49 | €134,639 | €124,398 | -€10,240 | -7.6% |
| Equity | 10/15 | -€2,012 | -€19,062 | -€17,050 | -848% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €4,918 | €4,918 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,918 | €4,918 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,930 | -€27,980 | -€17,050 | -156% |
| Amounts payable | 17/49 | €136,650 | €143,460 | +€6,810 | +5.0% |
| Amounts payable after more than one year | 17 | €74,233 | €67,390 | -€6,843 | -9.2% |
| Financial debts | 170/4 | €74,233 | €67,390 | -€6,843 | -9.2% |
| Amounts payable within one year | 42/48 | €61,558 | €76,070 | +€14,512 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | €6,709 | €6,843 | +€134 | +2.0% |
| Trade debts | 44 | €1,742 | €849 | -€893 | -51.3% |
| Suppliers | 440/4 | €1,742 | €849 | -€893 | -51.3% |
| Taxes, remuneration and social security | 45 | €821 | €695 | -€126 | -15.3% |
| Taxes | 450/3 | €821 | €695 | -€126 | -15.3% |
| Other amounts payable | 47/48 | €52,286 | €67,683 | +€15,397 | +29.4% |
| Accrued charges and deferred income | 492/3 | €859 | €0 | -€859 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,598 | €11,422 | -€1,175 | -9.3% |
| Other operating charges | 640/8 | €1,359 | €1,236 | -€123 | -9.1% |
| Gross operating margin | 9900 | €8,379 | -€2,380 | -€10,759 | |
| Operating profit (loss) | 9901 | -€5,578 | -€15,038 | -€9,461 | -170% |
| Financial charges | 65/66B | €2,609 | €1,824 | -€785 | -30.1% |
| Recurring financial charges | 65 | €2,609 | €1,824 | -€785 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,187 | -€16,863 | -€8,676 | -106% |
| Income taxes | 67/77 | €202 | €187 | -€15 | -7.4% |
| Profit (loss) for the period | 9904 | -€8,389 | -€17,050 | -€8,661 | -103% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,389 | -€17,050 | -€8,661 | -103% |
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.