GRIJS KALF: 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.
GRIJS KALF
Largest movements
- Tangible fixed assets -€1,272
down €1,272 (-46.0%), from €2,762 to €1,490
- Cash +€1,124
up €1,124 (+62.0%), from €1,814 to €2,937
mainly Other debts (+€5,960) and Tax, wage and social debts (+€4,076)
- Receivables within one year +€826
up €826 (+65.7%), from €1,257 to €2,082
- Profit (loss) carried forward -€12,894
down €12,894 (-8.8%), from -€146,269 to -€159,164
- Other debts +€5,960
up €5,960 (+4.5%), from €131,397 to €137,357
- Tax, wage and social debts +€4,076
up €4,076 (+85.5%), from €4,770 to €8,846
of which Remuneration and social security: +€2,718
- Trade debts +€3,535
up €3,535 (+150%), from €2,352 to €5,887
- Gross operating margin -€30,900
down €30,900 (-49.9%), from €61,932 to €31,032
- Other operating charges -€5,930
down €5,930 (-74.1%), from €8,004 to €2,075
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 | €10,849 | €11,527 | +€678 | +6.2% |
| Fixed assets | 21/28 | €4,279 | €3,007 | -€1,272 | -29.7% |
| Tangible fixed assets | 22/27 | €2,762 | €1,490 | -€1,272 | -46.0% |
| Land and buildings | 22 | €346 | €173 | -€173 | -50.0% |
| Plant, machinery and equipment | 23 | €497 | €0 | -€497 | -100% |
| Other tangible fixed assets | 26 | €1,919 | €1,317 | -€602 | -31.4% |
| Financial fixed assets | 28 | €1,517 | €1,517 | = | 0.0% |
| Current assets | 29/58 | €6,570 | €8,520 | +€1,950 | +29.7% |
| Stocks and contracts in progress | 3 | €3,500 | €3,500 | = | 0.0% |
| Stocks | 30/36 | €3,500 | €3,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,257 | €2,082 | +€826 | +65.7% |
| Other amounts receivable | 41 | €1,257 | €2,082 | +€826 | +65.7% |
| Cash at bank and in hand | 54/58 | €1,814 | €2,937 | +€1,124 | +62.0% |
| Total equity and liabilities | 10/49 | €10,849 | €11,527 | +€678 | +6.2% |
| Equity | 10/15 | -€127,669 | -€140,564 | -€12,894 | -10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,269 | -€159,164 | -€12,894 | -8.8% |
| Amounts payable | 17/49 | €138,518 | €152,090 | +€13,572 | +9.8% |
| Amounts payable within one year | 42/48 | €138,518 | €152,090 | +€13,572 | +9.8% |
| Trade debts | 44 | €2,352 | €5,887 | +€3,535 | +150% |
| Suppliers | 440/4 | €2,352 | €5,887 | +€3,535 | +150% |
| Taxes, remuneration and social security | 45 | €4,770 | €8,846 | +€4,076 | +85.5% |
| Taxes | 450/3 | €2,306 | €3,665 | +€1,359 | +58.9% |
| Remuneration and social security | 454/9 | €2,464 | €5,182 | +€2,718 | +110% |
| Other amounts payable | 47/48 | €131,397 | €137,357 | +€5,960 | +4.5% |
| Remuneration, social security and pensions | 62 | €40,746 | €40,806 | +€60 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,304 | €1,272 | -€33 | -2.5% |
| Other operating charges | 640/8 | €8,004 | €2,075 | -€5,930 | -74.1% |
| Gross operating margin | 9900 | €61,932 | €31,032 | -€30,900 | -49.9% |
| Operating profit (loss) | 9901 | €11,878 | -€13,120 | -€24,998 | |
| Financial income | 75/76B | €382 | €534 | +€151 | +39.6% |
| Recurring financial income | 75 | €382 | €534 | +€151 | +39.6% |
| Financial charges | 65/66B | €181 | €308 | +€127 | +70.3% |
| Recurring financial charges | 65 | €181 | €308 | +€127 | +70.3% |
| Profit (loss) for the period before taxes | 9903 | €12,079 | -€12,894 | -€24,973 | |
| Profit (loss) for the period | 9904 | €12,079 | -€12,894 | -€24,973 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,079 | -€12,894 | -€24,973 |
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 19 October 2026 via checked.be.