GRIFFE: 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.
GRIFFE
Largest movements
- Tangible fixed assets +€767
new in 2025: €767
- Profit (loss) carried forward +€454
up €454 (+2.8%), from €16,040 to €16,494
- Trade debts +€323
up €323 (+314.1%), from €103 to €426
- Gross operating margin -€314
down €314 (-24.9%), from €1,262 to €948
- Depreciation +€217
new in 2025: €217
- Taxes -€32
down €32 (-12.8%), from €250 to €218
- Financial charges +€31
up €31 (+106.3%), from €29 to €60
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.
Cash bridge derived
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 | €21,948 | €22,847 | +€899 | +4.1% |
| Fixed assets | 21/28 | - | €767 | +€767 | |
| Tangible fixed assets | 22/27 | - | €767 | +€767 | |
| Furniture and vehicles | 24 | - | €767 | +€767 | |
| Current assets | 29/58 | €21,948 | €22,079 | +€131 | +0.6% |
| Stocks and contracts in progress | 3 | €2,001 | €2,151 | +€150 | +7.5% |
| Stocks | 30/36 | €2,001 | €2,151 | +€150 | +7.5% |
| Amounts receivable within one year | 40/41 | €10,654 | €10,654 | = | 0.0% |
| Other amounts receivable | 41 | €10,654 | €10,654 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,293 | €9,274 | -€19 | -0.2% |
| Total equity and liabilities | 10/49 | €21,948 | €22,847 | +€899 | +4.1% |
| Equity | 10/15 | €21,186 | €21,640 | +€454 | +2.1% |
| Contributions | 10/11 | €496 | €496 | = | 0.0% |
| Capital | 10 | €496 | €496 | = | 0.0% |
| Issued capital | 100 | €496 | €496 | = | 0.0% |
| Reserves | 13 | €4,650 | €4,650 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Legal reserve | 130 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €4,600 | €4,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,040 | €16,494 | +€454 | +2.8% |
| Amounts payable | 17/49 | €762 | €1,207 | +€445 | +58.4% |
| Amounts payable within one year | 42/48 | €762 | €1,207 | +€445 | +58.4% |
| Trade debts | 44 | €103 | €426 | +€323 | +314.1% |
| Suppliers | 440/4 | €103 | €426 | +€323 | +314.1% |
| Taxes, remuneration and social security | 45 | €250 | €468 | +€218 | +87.2% |
| Taxes | 450/3 | €250 | €468 | +€218 | +87.2% |
| Other amounts payable | 47/48 | €409 | €313 | -€96 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €217 | +€217 | |
| Gross operating margin | 9900 | €1,262 | €948 | -€314 | -24.9% |
| Operating profit (loss) | 9901 | €1,262 | €732 | -€530 | -42.0% |
| Financial charges | 65/66B | €29 | €60 | +€31 | +106.3% |
| Recurring financial charges | 65 | €29 | €60 | +€31 | +106.3% |
| Profit (loss) for the period before taxes | 9903 | €1,233 | €672 | -€561 | -45.5% |
| Income taxes | 67/77 | €250 | €218 | -€32 | -12.8% |
| Profit (loss) for the period | 9904 | €983 | €454 | -€529 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €983 | €454 | -€529 | -53.8% |
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 12 October 2026 via checked.be.