Grilata: 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.
Grilata
Largest movements
- Receivables within one year +€119,525
up €119,525 (+81.9%), from €145,903 to €265,427
of which Trade receivables: +€67,004
- Cash -€28,218
down €28,218 (-88.1%), from €32,036 to €3,818
mainly Contributions, distributions and other (-€150,000) and Receivables within one year (-€119,525)
- Deferred charges and accrued income +€7,833
new in 2025: €7,833
- Trade debts +€241,686
up €241,686 (+292%), from €82,861 to €324,548
- Other debts -€69,964
down €69,964 (-24.5%), from €285,000 to €215,036
- Debts after one year -€52,768
down €52,768 (-38.1%), from €138,394 to €85,626
- Tax, wage and social debts -€24,963
down €24,963 (-83.9%), from €29,747 to €4,784
- Gross operating margin -€151,011
down €151,011 (-49.4%), from €305,929 to €154,918
- Taxes -€16,175
down €16,175 (-77.2%), from €20,959 to €4,784
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 | €643,212 | €741,106 | +€97,894 | +15.2% |
| Fixed assets | 21/28 | €465,273 | €464,028 | -€1,245 | -0.3% |
| Intangible fixed assets | 21 | €3,735 | €2,490 | -€1,245 | -33.3% |
| Financial fixed assets | 28 | €461,538 | €461,538 | = | 0.0% |
| Current assets | 29/58 | €177,939 | €277,078 | +€99,139 | +55.7% |
| Amounts receivable within one year | 40/41 | €145,903 | €265,427 | +€119,525 | +81.9% |
| Trade receivables | 40 | €145,903 | €212,907 | +€67,004 | +45.9% |
| Other amounts receivable | 41 | - | €52,520 | +€52,520 | |
| Cash at bank and in hand | 54/58 | €32,036 | €3,818 | -€28,218 | -88.1% |
| Deferred charges and accrued income | 490/1 | - | €7,833 | +€7,833 | |
| Total equity and liabilities | 10/49 | €643,212 | €741,106 | +€97,894 | +15.2% |
| Equity | 10/15 | €50,846 | €53,759 | +€2,913 | +5.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,646 | €47,559 | +€2,913 | +6.5% |
| Amounts payable | 17/49 | €592,366 | €687,347 | +€94,981 | +16.0% |
| Amounts payable after more than one year | 17 | €138,394 | €85,626 | -€52,768 | -38.1% |
| Financial debts | 170/4 | €138,394 | €85,626 | -€52,768 | -38.1% |
| Amounts payable within one year | 42/48 | €449,384 | €597,136 | +€147,752 | +32.9% |
| Current portion of amounts payable after more than one year | 42 | €51,776 | €52,768 | +€992 | +1.9% |
| Trade debts | 44 | €82,861 | €324,548 | +€241,686 | +292% |
| Suppliers | 440/4 | €82,861 | €324,548 | +€241,686 | +292% |
| Taxes, remuneration and social security | 45 | €29,747 | €4,784 | -€24,963 | -83.9% |
| Taxes | 450/3 | €29,747 | €4,784 | -€24,963 | -83.9% |
| Other amounts payable | 47/48 | €285,000 | €215,036 | -€69,964 | -24.5% |
| Accrued charges and deferred income | 492/3 | €4,589 | €4,586 | -€3 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,245 | €1,245 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €305,929 | €154,918 | -€151,011 | -49.4% |
| Operating profit (loss) | 9901 | €304,296 | €153,273 | -€151,023 | -49.6% |
| Financial income | 75/76B | €7,906 | €7,812 | -€94 | -1.2% |
| Recurring financial income | 75 | €7,906 | €7,812 | -€94 | -1.2% |
| Financial charges | 65/66B | €4,495 | €3,389 | -€1,106 | -24.6% |
| Recurring financial charges | 65 | €4,495 | €3,389 | -€1,106 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €307,708 | €157,697 | -€150,011 | -48.8% |
| Income taxes | 67/77 | €20,959 | €4,784 | -€16,175 | -77.2% |
| Profit (loss) for the period | 9904 | €286,749 | €152,913 | -€133,836 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €286,749 | €152,913 | -€133,836 | -46.7% |
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 14 October 2026 via checked.be.