GRILL: 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.
GRILL
Largest movements
- Cash +€13,398
up €13,398 (+1,450%), from €924 to €14,322
mainly Net result for the year (+€28,544) and Other debts (+€12,137)
- Tangible fixed assets -€8,354
down €8,354 (-63.6%), from €13,130 to €4,777
of which Plant, machinery and equipment: -€7,512
- Receivables within one year +€6,307
up €6,307 (+37.1%), from €16,988 to €23,295
of which Trade receivables: +€6,307
- Deferred charges and accrued income +€1,215
new in 2025: €1,215
- Stocks and contracts -€943
down €943 (-20.0%), from €4,715 to €3,772
- Profit (loss) carried forward +€28,544
up €28,544 (+41.4%), from -€68,999 to -€40,455
- Debts after one year -€16,000
down €16,000 (-24.6%), from €65,000 to €49,000
- Short-term financial debts -€13,383
down €13,383 (-100%), from €13,383 to €0
- Other debts +€12,137
up €12,137 (+484%), from €2,507 to €14,644
- Tax, wage and social debts +€883
up €883 (+19.1%), from €4,627 to €5,510
of which Taxes: +€883
- Gross operating margin +€26,871
up €26,871 (+246%), from €10,914 to €37,786
- Other operating charges +€4,533
up €4,533 (+460%), from €985 to €5,518
- Financial charges -€2,884
down €2,884 (-94.3%), from €3,058 to €174
- Depreciation -€1,262
down €1,262 (-26.2%), from €4,811 to €3,550
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 | €38,756 | €50,380 | +€11,624 | +30.0% |
| Fixed assets | 21/28 | €16,130 | €7,777 | -€8,354 | -51.8% |
| Tangible fixed assets | 22/27 | €13,130 | €4,777 | -€8,354 | -63.6% |
| Plant, machinery and equipment | 23 | €12,289 | €4,777 | -€7,512 | -61.1% |
| Other tangible fixed assets | 26 | €842 | €0 | -€842 | -100% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €22,626 | €42,604 | +€19,978 | +88.3% |
| Stocks and contracts in progress | 3 | €4,715 | €3,772 | -€943 | -20.0% |
| Stocks | 30/36 | €4,715 | €3,772 | -€943 | -20.0% |
| Amounts receivable within one year | 40/41 | €16,988 | €23,295 | +€6,307 | +37.1% |
| Trade receivables | 40 | €13,322 | €19,629 | +€6,307 | +47.3% |
| Other amounts receivable | 41 | €3,665 | €3,665 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €924 | €14,322 | +€13,398 | +1,450% |
| Deferred charges and accrued income | 490/1 | - | €1,215 | +€1,215 | |
| Total equity and liabilities | 10/49 | €38,756 | €50,380 | +€11,624 | +30.0% |
| Equity | 10/15 | -€50,399 | -€21,855 | +€28,544 | +56.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,999 | -€40,455 | +€28,544 | +41.4% |
| Amounts payable | 17/49 | €89,155 | €72,235 | -€16,920 | -19.0% |
| Amounts payable after more than one year | 17 | €65,000 | €49,000 | -€16,000 | -24.6% |
| Other amounts payable | 178/9 | €65,000 | €49,000 | -€16,000 | -24.6% |
| Amounts payable within one year | 42/48 | €23,768 | €23,235 | -€533 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €13,383 | €0 | -€13,383 | -100% |
| Credit institutions | 430/8 | €13,383 | €0 | -€13,383 | -100% |
| Trade debts | 44 | €2,509 | €3,081 | +€572 | +22.8% |
| Suppliers | 440/4 | €2,509 | €3,081 | +€572 | +22.8% |
| Advances received on contracts in progress | 46 | €742 | €0 | -€742 | -100% |
| Taxes, remuneration and social security | 45 | €4,627 | €5,510 | +€883 | +19.1% |
| Taxes | 450/3 | €4,627 | €5,510 | +€883 | +19.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,507 | €14,644 | +€12,137 | +484% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100% |
| Remuneration, social security and pensions | 62 | -€215 | €0 | +€215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,811 | €3,550 | -€1,262 | -26.2% |
| Other operating charges | 640/8 | €985 | €5,518 | +€4,533 | +460% |
| Gross operating margin | 9900 | €10,914 | €37,786 | +€26,871 | +246% |
| Operating profit (loss) | 9901 | €5,333 | €28,718 | +€23,385 | +439% |
| Financial income | 75/76B | €88 | €0 | -€88 | -100.0% |
| Recurring financial income | 75 | €88 | €0 | -€88 | -100.0% |
| Financial charges | 65/66B | €3,058 | €174 | -€2,884 | -94.3% |
| Recurring financial charges | 65 | €3,058 | €174 | -€2,884 | -94.3% |
| Profit (loss) for the period before taxes | 9903 | €2,363 | €28,544 | +€26,181 | +1,108% |
| Profit (loss) for the period | 9904 | €2,363 | €28,544 | +€26,181 | +1,108% |
| Profit (loss) for the period to be appropriated | 9905 | €2,363 | €28,544 | +€26,181 | +1,108% |
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 27 October 2026 via checked.be.