Griet Alice: 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.
Griet Alice
Largest movements
- Cash -€47,785
down €47,785 (-95.6%), from €49,999 to €2,214
mainly Net result for the year (-€51,233) and Tax, wage and social debts (-€24,661)
- Receivables within one year +€15,308
up €15,308 (+54.0%), from €28,336 to €43,644
of which Trade receivables: +€14,075
- Tangible fixed assets -€14,404
down €14,404 (-9.2%), from €156,143 to €141,739
of which Land and buildings: -€10,139
- Intangible fixed assets -€4,287
down €4,287 (-12.3%), from €34,794 to €30,506
- Profit (loss) carried forward -€51,233
down €51,233 (-95.1%), from -€53,846 to -€105,079
- Tax, wage and social debts -€24,661
down €24,661 (-78.9%), from €31,266 to €6,605
of which Taxes: -€14,647
- Trade debts +€23,745
up €23,745 (+154%), from €15,418 to €39,162
- Other debts +€7,465
up €7,465 (+7.2%), from €104,227 to €111,692
- Debts after one year -€6,731
down €6,731 (-9.8%), from €68,517 to €61,786
- Gross operating margin -€53,380
down €53,380 (-61.6%), from €86,638 to €33,258
- Staff costs -€4,728
down €4,728 (-8.6%), from €54,863 to €50,135
- Other operating charges +€1,665
up €1,665 (+153%), from €1,086 to €2,751
- Financial charges -€1,026
down €1,026 (-25.5%), from €4,026 to €2,999
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 | €269,722 | €218,553 | -€51,168 | -19.0% |
| Fixed assets | 21/28 | €191,387 | €172,695 | -€18,691 | -9.8% |
| Intangible fixed assets | 21 | €34,794 | €30,506 | -€4,287 | -12.3% |
| Tangible fixed assets | 22/27 | €156,143 | €141,739 | -€14,404 | -9.2% |
| Land and buildings | 22 | €147,426 | €137,287 | -€10,139 | -6.9% |
| Plant, machinery and equipment | 23 | €3,197 | €1,597 | -€1,600 | -50.0% |
| Furniture and vehicles | 24 | €5,520 | €2,854 | -€2,666 | -48.3% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €78,335 | €45,858 | -€32,477 | -41.5% |
| Amounts receivable within one year | 40/41 | €28,336 | €43,644 | +€15,308 | +54.0% |
| Trade receivables | 40 | €26,379 | €40,454 | +€14,075 | +53.4% |
| Other amounts receivable | 41 | €1,957 | €3,190 | +€1,233 | +63.0% |
| Cash at bank and in hand | 54/58 | €49,999 | €2,214 | -€47,785 | -95.6% |
| Total equity and liabilities | 10/49 | €269,722 | €218,553 | -€51,168 | -19.0% |
| Equity | 10/15 | €43,810 | -€7,423 | -€51,233 | |
| Contributions | 10/11 | €56,000 | €56,000 | = | 0.0% |
| Reserves | 13 | €41,656 | €41,656 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,600 | €5,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,600 | €5,600 | = | 0.0% |
| Distributable reserves | 133 | €36,056 | €36,056 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,846 | -€105,079 | -€51,233 | -95.1% |
| Amounts payable | 17/49 | €225,912 | €225,976 | +€65 | 0.0% |
| Amounts payable after more than one year | 17 | €68,517 | €61,786 | -€6,731 | -9.8% |
| Financial debts | 170/4 | €68,517 | €61,786 | -€6,731 | -9.8% |
| Amounts payable within one year | 42/48 | €157,395 | €164,190 | +€6,795 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €6,483 | €6,731 | +€247 | +3.8% |
| Trade debts | 44 | €15,418 | €39,162 | +€23,745 | +154% |
| Suppliers | 440/4 | €15,418 | €39,162 | +€23,745 | +154% |
| Taxes, remuneration and social security | 45 | €31,266 | €6,605 | -€24,661 | -78.9% |
| Taxes | 450/3 | €20,480 | €5,833 | -€14,647 | -71.5% |
| Remuneration and social security | 454/9 | €10,786 | €772 | -€10,014 | -92.8% |
| Other amounts payable | 47/48 | €104,227 | €111,692 | +€7,465 | +7.2% |
| Remuneration, social security and pensions | 62 | €54,863 | €50,135 | -€4,728 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,614 | €28,374 | +€760 | +2.8% |
| Other operating charges | 640/8 | €1,086 | €2,751 | +€1,665 | +153% |
| Gross operating margin | 9900 | €86,638 | €33,258 | -€53,380 | -61.6% |
| Operating profit (loss) | 9901 | €3,074 | -€48,002 | -€51,076 | |
| Financial income | 75/76B | €53 | €20 | -€33 | -62.8% |
| Recurring financial income | 75 | €53 | €20 | -€33 | -62.8% |
| Financial charges | 65/66B | €4,026 | €2,999 | -€1,026 | -25.5% |
| Recurring financial charges | 65 | €4,026 | €2,999 | -€1,026 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | -€898 | -€50,981 | -€50,083 | -5,576% |
| Income taxes | 67/77 | €256 | €252 | -€4 | -1.4% |
| Profit (loss) for the period | 9904 | -€1,154 | -€51,233 | -€50,079 | -4,340% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,154 | -€51,233 | -€50,079 | -4,340% |
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 26 October 2026 via checked.be.