GRIMFIE: 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.
GRIMFIE
Largest movements
- Tangible fixed assets +€3,976
up €3,976 (+57.4%), from €6,930 to €10,906
of which Furniture and vehicles: +€6,534
- Cash -€2,920
down €2,920 (-84.4%), from €3,461 to €542
mainly Net result for the year (-€11,988) and Investment in fixed assets (net) (-€8,710)
- Receivables within one year -€1,742
down €1,742 (-32.5%), from €5,367 to €3,624
of which Trade receivables: -€1,427
- Deferred charges and accrued income -€283
down €283 (-21.8%), from €1,301 to €1,018
- Other debts +€13,798
up €13,798 (+295%), from €4,673 to €18,471
- Profit (loss) carried forward -€11,988
down €11,988, from €2,775 to -€9,213
- Advances received -€2,426
down €2,426 (-100.0%), from €2,426 to €0
- Tax, wage and social debts -€240
down €240 (-43.2%), from €557 to €316
- Gross operating margin -€9,775
down €9,775, from €3,871 to -€5,904
- Financial charges -€586
down €586 (-57.7%), from €1,016 to €429
- Depreciation +€237
up €237 (+5.3%), from €4,496 to €4,734
- Other operating charges +€199
up €199 (+39.3%), from €505 to €704
- Taxes -€64
down €64 (-22.6%), from €282 to €218
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 | €17,059 | €16,090 | -€969 | -5.7% |
| Fixed assets | 21/28 | €6,930 | €10,906 | +€3,976 | +57.4% |
| Tangible fixed assets | 22/27 | €6,930 | €10,906 | +€3,976 | +57.4% |
| Plant, machinery and equipment | 23 | €4,758 | €2,201 | -€2,558 | -53.8% |
| Furniture and vehicles | 24 | €2,172 | €8,706 | +€6,534 | +301% |
| Current assets | 29/58 | €10,128 | €5,184 | -€4,945 | -48.8% |
| Amounts receivable within one year | 40/41 | €5,367 | €3,624 | -€1,742 | -32.5% |
| Trade receivables | 40 | €4,380 | €2,953 | -€1,427 | -32.6% |
| Other amounts receivable | 41 | €987 | €671 | -€316 | -32.0% |
| Cash at bank and in hand | 54/58 | €3,461 | €542 | -€2,920 | -84.4% |
| Deferred charges and accrued income | 490/1 | €1,301 | €1,018 | -€283 | -21.8% |
| Total equity and liabilities | 10/49 | €17,059 | €16,090 | -€969 | -5.7% |
| Equity | 10/15 | €7,007 | -€4,982 | -€11,988 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,232 | €1,232 | = | 0.0% |
| Distributable reserves | 133 | €1,232 | €1,232 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,775 | -€9,213 | -€11,988 | |
| Amounts payable | 17/49 | €10,052 | €21,072 | +€11,020 | +110% |
| Amounts payable within one year | 42/48 | €9,979 | €21,072 | +€11,093 | +111% |
| Trade debts | 44 | €2,323 | €2,284 | -€38 | -1.7% |
| Suppliers | 440/4 | €2,323 | €2,284 | -€38 | -1.7% |
| Advances received on contracts in progress | 46 | €2,426 | €0 | -€2,426 | -100.0% |
| Taxes, remuneration and social security | 45 | €557 | €316 | -€240 | -43.2% |
| Taxes | 450/3 | €557 | €316 | -€240 | -43.2% |
| Other amounts payable | 47/48 | €4,673 | €18,471 | +€13,798 | +295% |
| Accrued charges and deferred income | 492/3 | €73 | - | -€73 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,496 | €4,734 | +€237 | +5.3% |
| Other operating charges | 640/8 | €505 | €704 | +€199 | +39.3% |
| Gross operating margin | 9900 | €3,871 | -€5,904 | -€9,775 | |
| Operating profit (loss) | 9901 | -€1,130 | -€11,341 | -€10,211 | -903% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €1,016 | €429 | -€586 | -57.7% |
| Recurring financial charges | 65 | €1,016 | €429 | -€586 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,146 | -€11,770 | -€9,624 | -448% |
| Income taxes | 67/77 | €282 | €218 | -€64 | -22.6% |
| Profit (loss) for the period | 9904 | -€2,428 | -€11,988 | -€9,561 | -394% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,428 | -€11,988 | -€9,561 | -394% |
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 14 October 2026 via checked.be.