GRIETENS: 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.
GRIETENS
Largest movements
- Cash +€31,886
up €31,886 (+570%), from €5,595 to €37,481
mainly Net result for the year (+€27,346) and Other debts (+€7,185)
- Deferred charges and accrued income -€4,140
down €4,140 (-46.1%), from €8,979 to €4,840
- Reserves +€27,346
new in 2025: €27,346
- Other debts +€7,185
up €7,185 (+85.9%), from €8,361 to €15,547
- Tax, wage and social debts -€6,101
down €6,101 (-70.5%), from €8,649 to €2,548
- Profit (loss) carried forward -€833
down €833 (-4.6%), from €18,280 to €17,447
- Gross operating margin +€27,648
up €27,648 (+79.4%), from €34,834 to €62,482
- Taxes +€9,720
up €9,720 (+472%), from €2,060 to €11,780
- Financial charges -€5,745
down €5,745 (-20.7%), from €27,806 to €22,060
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 | €41,490 | €69,088 | +€27,598 | +66.5% |
| Fixed assets | 21/28 | €197 | €24 | -€173 | -87.7% |
| Tangible fixed assets | 22/27 | €197 | €24 | -€173 | -87.7% |
| Furniture and vehicles | 24 | €197 | €24 | -€173 | -87.7% |
| Current assets | 29/58 | €41,293 | €69,064 | +€27,770 | +67.3% |
| Amounts receivable within one year | 40/41 | €26,719 | €26,743 | +€25 | +0.1% |
| Trade receivables | 40 | €26,719 | €26,523 | -€196 | -0.7% |
| Other amounts receivable | 41 | - | €220 | +€220 | |
| Cash at bank and in hand | 54/58 | €5,595 | €37,481 | +€31,886 | +570% |
| Deferred charges and accrued income | 490/1 | €8,979 | €4,840 | -€4,140 | -46.1% |
| Total equity and liabilities | 10/49 | €41,490 | €69,088 | +€27,598 | +66.5% |
| Equity | 10/15 | €24,480 | €50,993 | +€26,513 | +108% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €27,346 | +€27,346 | |
| Distributable reserves | 133 | - | €27,346 | +€27,346 | |
| Profit (loss) carried forward | 14 | €18,280 | €17,447 | -€833 | -4.6% |
| Amounts payable | 17/49 | €17,010 | €18,095 | +€1,085 | +6.4% |
| Amounts payable within one year | 42/48 | €17,010 | €18,095 | +€1,085 | +6.4% |
| Taxes, remuneration and social security | 45 | €8,649 | €2,548 | -€6,101 | -70.5% |
| Taxes | 450/3 | €8,649 | €2,548 | -€6,101 | -70.5% |
| Other amounts payable | 47/48 | €8,361 | €15,547 | +€7,185 | +85.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173 | €173 | = | 0.0% |
| Other operating charges | 640/8 | €1,307 | €1,124 | -€184 | -14.0% |
| Gross operating margin | 9900 | €34,834 | €62,482 | +€27,648 | +79.4% |
| Operating profit (loss) | 9901 | €33,353 | €61,186 | +€27,832 | +83.4% |
| Financial charges | 65/66B | €27,806 | €22,060 | -€5,745 | -20.7% |
| Recurring financial charges | 65 | €27,806 | €22,060 | -€5,745 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €5,548 | €39,125 | +€33,578 | +605% |
| Income taxes | 67/77 | €2,060 | €11,780 | +€9,720 | +472% |
| Profit (loss) for the period | 9904 | €3,488 | €27,346 | +€23,857 | +684% |
| Profit (loss) for the period to be appropriated | 9905 | €3,488 | €27,346 | +€23,857 | +684% |
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 18 October 2026 via checked.be.