GRIMALDIER: what changed
Two fiscal 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.
GRIMALDIER
Largest movements
- Tangible fixed assets -€19,791
down €19,791 (-2.5%), from €792,202 to €772,412
- Debts after one year -€38,158
down €38,158 (-7.7%), from €496,311 to €458,153
- Other debts +€10,927
up €10,927 (+4.0%), from €275,353 to €286,280
- Gross operating margin +€1,182
up €1,182 (+2.6%), from €45,323 to €46,505
- Financial charges -€594
down €594 (-3.2%), from €18,824 to €18,230
- Other operating charges -€509
down €509 (-20.5%), from €2,487 to €1,978
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 | €811,054 | €789,323 | -€21,731 | -2.7% |
| Fixed assets | 21/28 | €792,202 | €772,412 | -€19,791 | -2.5% |
| Tangible fixed assets | 22/27 | €792,202 | €772,412 | -€19,791 | -2.5% |
| Land and buildings | 22 | €792,202 | €772,412 | -€19,791 | -2.5% |
| Current assets | 29/58 | €18,852 | €16,912 | -€1,941 | -10.3% |
| Stocks and contracts in progress | 3 | €1,554 | €1,554 | = | 0.0% |
| Stocks | 30/36 | €1,554 | €1,554 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,401 | €5,913 | +€2,512 | +73.8% |
| Trade receivables | 40 | - | €2,898 | +€2,898 | |
| Other amounts receivable | 41 | €3,401 | €3,015 | -€386 | -11.4% |
| Cash at bank and in hand | 54/58 | €13,897 | €9,345 | -€4,552 | -32.8% |
| Deferred charges and accrued income | 490/1 | - | €100 | +€100 | |
| Total equity and liabilities | 10/49 | €811,054 | €789,323 | -€21,731 | -2.7% |
| Equity | 10/15 | -€7,505 | -€5,154 | +€2,351 | +31.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,296 | €1,296 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,296 | €1,296 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,402 | -€25,050 | +€2,351 | +8.6% |
| Amounts payable | 17/49 | €818,560 | €794,477 | -€24,083 | -2.9% |
| Amounts payable after more than one year | 17 | €496,311 | €458,153 | -€38,158 | -7.7% |
| Financial debts | 170/4 | €496,311 | €458,153 | -€38,158 | -7.7% |
| Amounts payable within one year | 42/48 | €313,966 | €327,804 | +€13,838 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €37,457 | €38,158 | +€701 | +1.9% |
| Trade debts | 44 | €1,157 | €3,367 | +€2,210 | +191.1% |
| Suppliers | 440/4 | €1,157 | €3,367 | +€2,210 | +191.1% |
| Other amounts payable | 47/48 | €275,353 | €286,280 | +€10,927 | +4.0% |
| Accrued charges and deferred income | 492/3 | €8,283 | €8,520 | +€237 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,474 | €23,857 | +€383 | +1.6% |
| Other operating charges | 640/8 | €2,487 | €1,978 | -€509 | -20.5% |
| Non-recurring operating charges | 66A | - | €90 | +€90 | |
| Gross operating margin | 9900 | €45,323 | €46,505 | +€1,182 | +2.6% |
| Operating profit (loss) | 9901 | €19,362 | €20,581 | +€1,219 | +6.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €18,824 | €18,230 | -€594 | -3.2% |
| Recurring financial charges | 65 | €18,824 | €18,230 | -€594 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €539 | €2,351 | +€1,813 | +336.6% |
| Profit (loss) for the period | 9904 | €539 | €2,351 | +€1,813 | +336.6% |
| Profit (loss) for the period to be appropriated | 9905 | €539 | €2,351 | +€1,813 | +336.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.