GriKrisCo: 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.
GriKrisCo
Largest movements
- Tangible fixed assets -€387,067
down €387,067 (-16.4%), from €2.4m to €2.0m
of which Plant, machinery and equipment: -€226,862
- Financial fixed assets +€299,241
up €299,241 (+491%), from €60,898 to €360,138
- Receivables within one year -€184,677
down €184,677 (-93.9%), from €196,645 to €11,968
of which Trade receivables: -€170,318
- Stocks and contracts -€65,970
no longer reported in 2025 (was €65,970)
- Trade debts -€212,025
down €212,025 (-82.9%), from €255,656 to €43,631
- Debts after one year -€170,744
down €170,744 (-13.5%), from €1.3m to €1.1m
- Short-term financial debts +€74,989
up €74,989 (+682,339%), from €11 to €75,000
- Gross operating margin -€1.4m
down €1.4m (-82.6%), from €1.7m to €302,712
- Staff costs -€1.4m
down €1.4m, from €1.4m to -€30,467
- Depreciation -€50,592
down €50,592 (-24.9%), from €203,491 to €152,899
- Financial charges -€24,045
down €24,045 (-35.6%), from €67,510 to €43,465
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 | €2,688,016 | €2,343,883 | -€344,132 | -12.8% |
| Fixed assets | 21/28 | €2,415,015 | €2,327,189 | -€87,826 | -3.6% |
| Tangible fixed assets | 22/27 | €2,354,117 | €1,967,050 | -€387,067 | -16.4% |
| Land and buildings | 22 | €1,913,194 | €1,838,298 | -€74,896 | -3.9% |
| Plant, machinery and equipment | 23 | €226,862 | - | -€226,862 | |
| Furniture and vehicles | 24 | €209,644 | €124,335 | -€85,309 | -40.7% |
| Assets under construction and advance payments | 27 | €4,417 | €4,417 | = | 0.0% |
| Financial fixed assets | 28 | €60,898 | €360,138 | +€299,241 | +491% |
| Current assets | 29/58 | €273,001 | €16,695 | -€256,306 | -93.9% |
| Stocks and contracts in progress | 3 | €65,970 | - | -€65,970 | |
| Stocks | 30/36 | €65,970 | - | -€65,970 | |
| Amounts receivable within one year | 40/41 | €196,645 | €11,968 | -€184,677 | -93.9% |
| Trade receivables | 40 | €175,300 | €4,982 | -€170,318 | -97.2% |
| Other amounts receivable | 41 | €21,346 | €6,986 | -€14,359 | -67.3% |
| Cash at bank and in hand | 54/58 | €871 | €630 | -€241 | -27.7% |
| Deferred charges and accrued income | 490/1 | €9,514 | €4,097 | -€5,417 | -56.9% |
| Total equity and liabilities | 10/49 | €2,688,016 | €2,343,883 | -€344,132 | -12.8% |
| Equity | 10/15 | €789,205 | €798,701 | +€9,496 | +1.2% |
| Reserves | 13 | €789,205 | €798,701 | +€9,496 | +1.2% |
| Tax-exempt reserves | 132 | €12,400 | €12,400 | = | 0.0% |
| Distributable reserves | 133 | €776,805 | €786,301 | +€9,496 | +1.2% |
| Amounts payable | 17/49 | €1,898,810 | €1,545,182 | -€353,628 | -18.6% |
| Amounts payable after more than one year | 17 | €1,264,621 | €1,093,877 | -€170,744 | -13.5% |
| Financial debts | 170/4 | €1,264,621 | €1,093,877 | -€170,744 | -13.5% |
| Amounts payable within one year | 42/48 | €617,832 | €451,305 | -€166,527 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €170,044 | €169,744 | -€300 | -0.2% |
| Financial debts | 43 | €11 | €75,000 | +€74,989 | +682,339% |
| Credit institutions | 430/8 | €11 | €75,000 | +€74,989 | +682,339% |
| Trade debts | 44 | €255,656 | €43,631 | -€212,025 | -82.9% |
| Suppliers | 440/4 | €255,656 | €43,631 | -€212,025 | -82.9% |
| Taxes, remuneration and social security | 45 | €57,008 | €45,635 | -€11,373 | -20.0% |
| Taxes | 450/3 | €57,008 | €39,210 | -€17,798 | -31.2% |
| Remuneration and social security | 454/9 | - | €6,425 | +€6,425 | |
| Other amounts payable | 47/48 | €135,113 | €117,295 | -€17,818 | -13.2% |
| Accrued charges and deferred income | 492/3 | €16,357 | - | -€16,357 | |
| Non-recurring operating income | 76A | €14,831 | - | -€14,831 | |
| Remuneration, social security and pensions | 62 | €1,380,970 | -€30,467 | -€1.4m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €203,491 | €152,899 | -€50,592 | -24.9% |
| Other operating charges | 640/8 | €18,061 | €20,815 | +€2,754 | +15.2% |
| Non-recurring operating charges | 66A | €12,674 | - | -€12,674 | |
| Gross operating margin | 9900 | €1,740,404 | €302,712 | -€1.4m | -82.6% |
| Operating profit (loss) | 9901 | €125,207 | €159,466 | +€34,259 | +27.4% |
| Financial income | 75/76B | €307 | €0 | -€307 | -100.0% |
| Recurring financial income | 75 | €307 | €0 | -€307 | -100.0% |
| Financial charges | 65/66B | €67,510 | €43,465 | -€24,045 | -35.6% |
| Recurring financial charges | 65 | €67,510 | €43,465 | -€24,045 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | €58,004 | €116,001 | +€57,998 | +100.0% |
| Income taxes | 67/77 | €19,995 | €35,668 | +€15,672 | +78.4% |
| Profit (loss) for the period | 9904 | €38,008 | €80,333 | +€42,325 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €38,008 | €80,333 | +€42,325 | +111% |
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 1 November 2026 via checked.be.