GRIMAB - VERBESSELT: 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.
GRIMAB - VERBESSELT
Largest movements
- Cash +€333,082
up €333,082 (+2655.9%), from €12,541 to €345,623
mainly Investment in fixed assets (net) (+€189,335) and Net result for the year (+€178,402)
- Tangible fixed assets -€197,942
down €197,942 (-96.2%), from €205,754 to €7,812
of which Land and buildings: -€176,306
- Stocks and contracts -€16,911
no longer reported in 2025 (was €16,911)
- Receivables within one year -€9,981
down €9,981 (-81.8%), from €12,205 to €2,224
of which Other amounts receivable: -€6,551
- Deferred charges and accrued income -€5,985
down €5,985 (-39.8%), from €15,039 to €9,053
- Reserves +€166,000
up €166,000 (+187.8%), from €88,400 to €254,400
- Debts after one year -€93,182
down €93,182 (-79.6%), from €117,062 to €23,880
of which Financial debts: -€107,131
- Tax, wage and social debts +€36,725
up €36,725 (+3531.6%), from €1,040 to €37,765
- Current portion of long-term debt -€25,969
no longer reported in 2025 (was €25,969)
- Profit (loss) carried forward +€12,402
up €12,402, from -€11,976 to €426
- Financial income +€375,363
up €375,363 (+1694639.8%), from €22 to €375,385
of which Non-recurring financial income: +€375,351
- Gross operating margin -€60,774
down €60,774 (-1256.4%), from -€4,837 to -€65,611
- Financial charges +€55,029
up €55,029 (+648.1%), from €8,491 to €63,520
of which Non-recurring financial charges: +€50,030
- Taxes +€35,317
up €35,317 (+8034.6%), from €440 to €35,756
- Write-downs +€13,141
new in 2025: €13,141
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 | €262,614 | €364,848 | +€102,233 | +38.9% |
| Fixed assets | 21/28 | €205,919 | €7,947 | -€197,972 | -96.1% |
| Tangible fixed assets | 22/27 | €205,754 | €7,812 | -€197,942 | -96.2% |
| Land and buildings | 22 | €176,306 | - | -€176,306 | |
| Plant, machinery and equipment | 23 | €816 | €124 | -€692 | -84.8% |
| Furniture and vehicles | 24 | €16,284 | €7,688 | -€8,596 | -52.8% |
| Other tangible fixed assets | 26 | €12,348 | - | -€12,348 | |
| Financial fixed assets | 28 | €165 | €135 | -€30 | -18.2% |
| Current assets | 29/58 | €56,696 | €356,901 | +€300,205 | +529.5% |
| Stocks and contracts in progress | 3 | €16,911 | - | -€16,911 | |
| Stocks | 30/36 | €16,911 | - | -€16,911 | |
| Amounts receivable within one year | 40/41 | €12,205 | €2,224 | -€9,981 | -81.8% |
| Trade receivables | 40 | €5,527 | €2,097 | -€3,430 | -62.1% |
| Other amounts receivable | 41 | €6,678 | €127 | -€6,551 | -98.1% |
| Cash at bank and in hand | 54/58 | €12,541 | €345,623 | +€333,082 | +2655.9% |
| Deferred charges and accrued income | 490/1 | €15,039 | €9,053 | -€5,985 | -39.8% |
| Total equity and liabilities | 10/49 | €262,614 | €364,848 | +€102,233 | +38.9% |
| Equity | 10/15 | €95,016 | €273,418 | +€178,402 | +187.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €88,400 | €254,400 | +€166,000 | +187.8% |
| Distributable reserves | 133 | €88,400 | €254,400 | +€166,000 | +187.8% |
| Profit (loss) carried forward | 14 | -€11,976 | €426 | +€12,402 | |
| Amounts payable | 17/49 | €167,598 | €91,430 | -€76,168 | -45.4% |
| Amounts payable after more than one year | 17 | €117,062 | €23,880 | -€93,182 | -79.6% |
| Financial debts | 170/4 | €107,131 | - | -€107,131 | |
| Other amounts payable | 178/9 | €9,931 | €23,880 | +€13,949 | +140.5% |
| Amounts payable within one year | 42/48 | €50,536 | €67,550 | +€17,014 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €25,969 | - | -€25,969 | |
| Trade debts | 44 | €23,527 | €29,785 | +€6,258 | +26.6% |
| Suppliers | 440/4 | €23,527 | €29,785 | +€6,258 | +26.6% |
| Taxes, remuneration and social security | 45 | €1,040 | €37,765 | +€36,725 | +3531.6% |
| Taxes | 450/3 | €1,040 | €37,765 | +€36,725 | +3531.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,381 | €8,637 | -€11,744 | -57.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €13,141 | +€13,141 | |
| Other operating charges | 640/8 | €5,771 | €7,973 | +€2,203 | +38.2% |
| Non-recurring operating charges | 66A | - | €2,345 | +€2,345 | |
| Gross operating margin | 9900 | -€4,837 | -€65,611 | -€60,774 | -1256.4% |
| Operating profit (loss) | 9901 | -€30,989 | -€97,707 | -€66,718 | -215.3% |
| Financial income | 75/76B | €22 | €375,385 | +€375,363 | +1694639.8% |
| Recurring financial income | 75 | €22 | €34 | +€12 | +53.6% |
| Non-recurring financial income | 76B | - | €375,351 | +€375,351 | |
| Financial charges | 65/66B | €8,491 | €63,520 | +€55,029 | +648.1% |
| Recurring financial charges | 65 | €8,491 | €13,490 | +€4,999 | +58.9% |
| Non-recurring financial charges | 66B | - | €50,030 | +€50,030 | |
| Profit (loss) for the period before taxes | 9903 | -€39,458 | €214,158 | +€253,616 | |
| Income taxes | 67/77 | €440 | €35,756 | +€35,317 | +8034.6% |
| Profit (loss) for the period | 9904 | -€39,898 | €178,402 | +€218,299 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,898 | €178,402 | +€218,299 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.