GRIMMO: 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.
GRIMMO
Largest movements
- Current investments -€1.9m
down €1.9m (-92.5%), from €2.0m to €150,000
- Receivables within one year -€1.1m
down €1.1m (-35.4%), from €3.2m to €2.1m
- Reserves -€2.0m
down €2.0m (-72.8%), from €2.7m to €746,945
of which Distributable reserves: -€2.0m
- Other debts -€1.0m
down €1.0m (-33.3%), from €3.0m to €2.0m
- Financial income +€31,095
up €31,095 (+33.4%), from €93,105 to €124,200
- Gross operating margin -€5,695
down €5,695, from €1,477 to -€4,218
- Financial charges -€4,166
down €4,166 (-5.5%), from €75,775 to €71,609
of which Non-recurring financial charges: -€4,249
- Other operating charges +€1,177
up €1,177 (+18.3%), from €6,417 to €7,594
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,819,914 | €2,858,909 | -€3.0m | -50.9% |
| Current assets | 29/58 | €5,819,914 | €2,858,909 | -€3.0m | -50.9% |
| Stocks and contracts in progress | 3 | €595,204 | €602,704 | +€7,500 | +1.3% |
| Stocks | 30/36 | €595,204 | €602,704 | +€7,500 | +1.3% |
| Amounts receivable within one year | 40/41 | €3,197,451 | €2,066,518 | -€1.1m | -35.4% |
| Other amounts receivable | 41 | €3,197,451 | €2,066,518 | -€1.1m | -35.4% |
| Current investments | 50/53 | €2,000,000 | €150,000 | -€1.9m | -92.5% |
| Cash at bank and in hand | 54/58 | €27,259 | €39,687 | +€12,428 | +45.6% |
| Total equity and liabilities | 10/49 | €5,819,914 | €2,858,909 | -€3.0m | -50.9% |
| Equity | 10/15 | €2,816,832 | €857,611 | -€2.0m | -69.6% |
| Contributions | 10/11 | €80,600 | €80,600 | = | 0.0% |
| Capital | 10 | €80,600 | €80,600 | = | 0.0% |
| Issued capital | 100 | €80,600 | €80,600 | = | 0.0% |
| Reserves | 13 | €2,746,945 | €746,945 | -€2.0m | -72.8% |
| Non-distributable reserves | 130/1 | €8,721 | €8,721 | = | 0.0% |
| Legal reserve | 130 | €8,721 | €8,721 | = | 0.0% |
| Distributable reserves | 133 | €2,738,224 | €738,224 | -€2.0m | -73.0% |
| Profit (loss) carried forward | 14 | -€10,714 | €30,066 | +€40,780 | |
| Amounts payable | 17/49 | €3,003,082 | €2,001,298 | -€1.0m | -33.4% |
| Amounts payable within one year | 42/48 | €3,003,082 | €2,001,298 | -€1.0m | -33.4% |
| Trade debts | 44 | €3,082 | €1,298 | -€1,785 | -57.9% |
| Suppliers | 440/4 | €3,082 | €1,298 | -€1,785 | -57.9% |
| Other amounts payable | 47/48 | €3,000,000 | €2,000,000 | -€1.0m | -33.3% |
| Other operating charges | 640/8 | €6,417 | €7,594 | +€1,177 | +18.3% |
| Gross operating margin | 9900 | €1,477 | -€4,218 | -€5,695 | |
| Operating profit (loss) | 9901 | -€4,940 | -€11,812 | -€6,872 | -139.1% |
| Financial income | 75/76B | €93,105 | €124,200 | +€31,095 | +33.4% |
| Recurring financial income | 75 | €93,105 | €124,200 | +€31,095 | +33.4% |
| Financial charges | 65/66B | €75,775 | €71,609 | -€4,166 | -5.5% |
| Recurring financial charges | 65 | €658 | €741 | +€82 | +12.5% |
| Non-recurring financial charges | 66B | €75,116 | €70,868 | -€4,249 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €12,390 | €40,780 | +€28,390 | +229.1% |
| Profit (loss) for the period | 9904 | €12,390 | €40,780 | +€28,390 | +229.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,390 | €40,780 | +€28,390 | +229.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.