GRIET KEMPEN: 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 KEMPEN
Largest movements
- Cash +€13,225
up €13,225 (+33.8%), from €39,081 to €52,306
mainly Net result for the year (+€15,521) and Tax, wage and social debts (+€3,556)
- Receivables within one year +€6,217
up €6,217 (+41.8%), from €14,867 to €21,084
of which Trade receivables: +€6,779
- Reserves +€15,521
up €15,521 (+52.4%), from €29,625 to €45,146
of which Distributable reserves: +€17,381
- Tax, wage and social debts +€3,556
up €3,556 (+724%), from €491 to €4,047
- Gross operating margin +€15,752
up €15,752 (+153%), from €10,300 to €26,052
- Taxes +€4,897
up €4,897 (+105%), from €4,650 to €9,547
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 | €56,112 | €75,218 | +€19,107 | +34.1% |
| Fixed assets | 21/28 | €1,421 | €778 | -€643 | -45.2% |
| Tangible fixed assets | 22/27 | €1,421 | €778 | -€643 | -45.2% |
| Plant, machinery and equipment | 23 | €1,421 | €778 | -€643 | -45.2% |
| Current assets | 29/58 | €54,691 | €74,440 | +€19,749 | +36.1% |
| Amounts receivable within one year | 40/41 | €14,867 | €21,084 | +€6,217 | +41.8% |
| Trade receivables | 40 | - | €6,779 | +€6,779 | |
| Other amounts receivable | 41 | €14,867 | €14,305 | -€562 | -3.8% |
| Cash at bank and in hand | 54/58 | €39,081 | €52,306 | +€13,225 | +33.8% |
| Deferred charges and accrued income | 490/1 | €742 | €1,050 | +€308 | +41.4% |
| Total equity and liabilities | 10/49 | €56,112 | €75,218 | +€19,107 | +34.1% |
| Equity | 10/15 | €55,621 | €71,141 | +€15,521 | +27.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,625 | €45,146 | +€15,521 | +52.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €27,765 | €45,146 | +€17,381 | +62.6% |
| Profit (loss) carried forward | 14 | €19,796 | €19,796 | = | 0.0% |
| Amounts payable | 17/49 | €491 | €4,077 | +€3,586 | +731% |
| Amounts payable within one year | 42/48 | €491 | €4,047 | +€3,556 | +724% |
| Taxes, remuneration and social security | 45 | €491 | €4,047 | +€3,556 | +724% |
| Taxes | 450/3 | €491 | €4,047 | +€3,556 | +724% |
| Accrued charges and deferred income | 492/3 | - | €30 | +€30 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €643 | €643 | = | 0.0% |
| Other operating charges | 640/8 | - | €238 | +€238 | |
| Gross operating margin | 9900 | €10,300 | €26,052 | +€15,752 | +153% |
| Operating profit (loss) | 9901 | €9,657 | €25,171 | +€15,514 | +161% |
| Financial charges | 65/66B | €99 | €103 | +€5 | +4.6% |
| Recurring financial charges | 65 | €99 | €103 | +€5 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €9,558 | €25,067 | +€15,509 | +162% |
| Income taxes | 67/77 | €4,650 | €9,547 | +€4,897 | +105% |
| Profit (loss) for the period | 9904 | €4,909 | €15,521 | +€10,612 | +216% |
| Profit (loss) for the period to be appropriated | 9905 | €4,909 | €15,521 | +€10,612 | +216% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.