GRIMONPREZ DENIS: 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.
GRIMONPREZ DENIS
Largest movements
- Receivables within one year +€57,575
up €57,575 (+859%), from €6,700 to €64,275
of which Trade receivables: +€50,000
- Tangible fixed assets -€20,115
down €20,115 (-32.2%), from €62,546 to €42,431
of which Furniture and vehicles: -€12,319
- Reserves +€67,611
up €67,611 (+18.3%), from €370,157 to €437,768
- Debts after one year -€52,034
down €52,034 (-50.7%), from €102,629 to €50,595
- Other debts +€17,986
up €17,986 (+360%), from €5,000 to €22,986
- Tax, wage and social debts +€11,465
up €11,465 (+78.2%), from €14,663 to €26,128
of which Taxes: +€10,966
- Gross operating margin +€60,749
up €60,749 (+65.3%), from €93,068 to €153,817
- Taxes +€6,959
up €6,959 (+28.6%), from €24,350 to €31,309
- Depreciation +€5,659
up €5,659 (+39.1%), from €14,456 to €20,115
- Staff costs +€2,344
new in 2025: €2,344
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 | €830,302 | €867,774 | +€37,471 | +4.5% |
| Fixed assets | 21/28 | €822,046 | €801,931 | -€20,115 | -2.4% |
| Tangible fixed assets | 22/27 | €62,546 | €42,431 | -€20,115 | -32.2% |
| Furniture and vehicles | 24 | €53,618 | €41,299 | -€12,319 | -23.0% |
| Leasing and similar rights | 25 | €8,928 | €1,132 | -€7,796 | -87.3% |
| Financial fixed assets | 28 | €759,500 | €759,500 | = | 0.0% |
| Current assets | 29/58 | €8,257 | €65,843 | +€57,586 | +697% |
| Amounts receivable within one year | 40/41 | €6,700 | €64,275 | +€57,575 | +859% |
| Trade receivables | 40 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 41 | €6,700 | €14,275 | +€7,575 | +113% |
| Cash at bank and in hand | 54/58 | €300 | €300 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €1,257 | €1,267 | +€11 | +0.9% |
| Total equity and liabilities | 10/49 | €830,302 | €867,774 | +€37,471 | +4.5% |
| Equity | 10/15 | €627,185 | €694,796 | +€67,611 | +10.8% |
| Contributions | 10/11 | €257,028 | €257,028 | = | 0.0% |
| Reserves | 13 | €370,157 | €437,768 | +€67,611 | +18.3% |
| Distributable reserves | 133 | €370,157 | €437,768 | +€67,611 | +18.3% |
| Amounts payable | 17/49 | €203,117 | €172,977 | -€30,140 | -14.8% |
| Amounts payable after more than one year | 17 | €102,629 | €50,595 | -€52,034 | -50.7% |
| Financial debts | 170/4 | €102,629 | €50,595 | -€52,034 | -50.7% |
| Amounts payable within one year | 42/48 | €97,762 | €121,694 | +€23,932 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €55,847 | €52,034 | -€3,813 | -6.8% |
| Financial debts | 43 | €22,044 | €20,195 | -€1,849 | -8.4% |
| Credit institutions | 430/8 | €22,044 | €20,195 | -€1,849 | -8.4% |
| Trade debts | 44 | €208 | €352 | +€144 | +69.1% |
| Suppliers | 440/4 | €208 | €352 | +€144 | +69.1% |
| Taxes, remuneration and social security | 45 | €14,663 | €26,128 | +€11,465 | +78.2% |
| Taxes | 450/3 | €12,190 | €23,156 | +€10,966 | +90.0% |
| Remuneration and social security | 454/9 | €2,473 | €2,972 | +€499 | +20.2% |
| Other amounts payable | 47/48 | €5,000 | €22,986 | +€17,986 | +360% |
| Accrued charges and deferred income | 492/3 | €2,727 | €688 | -€2,039 | -74.8% |
| Non-recurring operating income | 76A | €275 | - | -€275 | |
| Remuneration, social security and pensions | 62 | - | €2,344 | +€2,344 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,456 | €20,115 | +€5,659 | +39.1% |
| Other operating charges | 640/8 | €2,779 | €3,293 | +€514 | +18.5% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €93,068 | €153,817 | +€60,749 | +65.3% |
| Operating profit (loss) | 9901 | €75,770 | €128,066 | +€52,295 | +69.0% |
| Financial income | 75/76B | €275 | €568 | +€293 | +107% |
| Recurring financial income | 75 | €275 | €568 | +€293 | +107% |
| Financial charges | 65/66B | €6,151 | €6,728 | +€578 | +9.4% |
| Recurring financial charges | 65 | €6,151 | €6,728 | +€578 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €69,895 | €121,906 | +€52,011 | +74.4% |
| Income taxes | 67/77 | €24,350 | €31,309 | +€6,959 | +28.6% |
| Profit (loss) for the period | 9904 | €45,545 | €90,597 | +€45,052 | +98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €45,545 | €90,597 | +€45,052 | +98.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.