Grimaudet: 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.
Grimaudet
Largest movements
- Cash +€33,712
up €33,712 (+239.5%), from €14,073 to €47,785
mainly Trade debts (+€75,107) and Depreciation (+€7,383)
- Receivables within one year +€25,160
up €25,160 (+24.7%), from €102,014 to €127,173
of which Other amounts receivable: +€35,595
- Tangible fixed assets -€7,383
down €7,383 (-39.0%), from €18,931 to €11,548
- Trade debts +€75,107
up €75,107 (+254.5%), from €29,506 to €104,613
- Profit (loss) carried forward -€9,900
down €9,900 (-12.8%), from €77,587 to €67,687
- Tax, wage and social debts -€8,029
down €8,029 (-57.3%), from €14,017 to €5,988
- Debts after one year -€5,753
no longer reported in 2025 (was €5,753)
- Gross operating margin -€81,793
down €81,793, from €79,847 to -€1,946
- Taxes -€14,909
down €14,909 (-98.8%), from €15,097 to €188
- Other operating charges -€1,117
down €1,117 (-79.7%), from €1,402 to €284
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 | €135,873 | €187,041 | +€51,168 | +37.7% |
| Fixed assets | 21/28 | €19,131 | €11,748 | -€7,383 | -38.6% |
| Tangible fixed assets | 22/27 | €18,931 | €11,548 | -€7,383 | -39.0% |
| Furniture and vehicles | 24 | €18,931 | €11,548 | -€7,383 | -39.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €116,742 | €175,293 | +€58,551 | +50.2% |
| Stocks and contracts in progress | 3 | €125 | €125 | = | 0.0% |
| Stocks | 30/36 | €125 | €125 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €102,014 | €127,173 | +€25,160 | +24.7% |
| Trade receivables | 40 | €102,014 | €91,579 | -€10,435 | -10.2% |
| Other amounts receivable | 41 | - | €35,595 | +€35,595 | |
| Cash at bank and in hand | 54/58 | €14,073 | €47,785 | +€33,712 | +239.5% |
| Deferred charges and accrued income | 490/1 | €531 | €210 | -€321 | -60.5% |
| Total equity and liabilities | 10/49 | €135,873 | €187,041 | +€51,168 | +37.7% |
| Equity | 10/15 | €80,587 | €70,687 | -€9,900 | -12.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,587 | €67,687 | -€9,900 | -12.8% |
| Amounts payable | 17/49 | €55,286 | €116,354 | +€61,068 | +110.5% |
| Amounts payable after more than one year | 17 | €5,753 | - | -€5,753 | |
| Financial debts | 170/4 | €5,753 | - | -€5,753 | |
| Amounts payable within one year | 42/48 | €49,533 | €116,354 | +€66,821 | +134.9% |
| Current portion of amounts payable after more than one year | 42 | €6,010 | €5,753 | -€257 | -4.3% |
| Trade debts | 44 | €29,506 | €104,613 | +€75,107 | +254.5% |
| Suppliers | 440/4 | €29,506 | €104,613 | +€75,107 | +254.5% |
| Taxes, remuneration and social security | 45 | €14,017 | €5,988 | -€8,029 | -57.3% |
| Taxes | 450/3 | €14,017 | €5,988 | -€8,029 | -57.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,528 | €7,383 | -€145 | -1.9% |
| Other operating charges | 640/8 | €1,402 | €284 | -€1,117 | -79.7% |
| Gross operating margin | 9900 | €79,847 | -€1,946 | -€81,793 | |
| Operating profit (loss) | 9901 | €70,918 | -€9,613 | -€80,531 | |
| Financial income | 75/76B | €149 | €563 | +€414 | +276.9% |
| Recurring financial income | 75 | €149 | €563 | +€414 | +276.9% |
| Financial charges | 65/66B | €959 | €663 | -€296 | -30.9% |
| Recurring financial charges | 65 | €959 | €663 | -€296 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €70,108 | -€9,712 | -€79,821 | |
| Income taxes | 67/77 | €15,097 | €188 | -€14,909 | -98.8% |
| Profit (loss) for the period | 9904 | €55,011 | -€9,900 | -€64,911 | |
| Profit (loss) for the period to be appropriated | 9905 | €55,011 | -€9,900 | -€64,911 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.