GRIMONSTER: 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.
GRIMONSTER
Largest movements
- Tangible fixed assets +€4.3m
up €4.3m (+129%), from €3.3m to €7.6m
of which Land and buildings: +€4.3m
- Receivables within one year -€270,691
down €270,691 (-80.8%), from €335,000 to €64,309
of which Trade receivables: -€271,524
- Cash +€134,971
up €134,971 (+59.2%), from €227,966 to €362,937
mainly Contributions, distributions and other (+€3.5m) and Debts after one year (+€698,119)
- Contributions +€3.5m
up €3.5m (+87.5%), from €4.0m to €7.5m
- Debts after one year +€698,119
new in 2025: €698,119
- Gross operating margin +€136,328
up €136,328 (+108%), from €125,745 to €262,073
- Depreciation +€98,072
up €98,072 (+70.0%), from €140,175 to €238,247
- Financial charges +€12,365
up €12,365 (+4,912%), from €252 to €12,617
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 | €3,870,965 | €8,002,911 | +€4.1m | +107% |
| Fixed assets | 21/28 | €3,304,220 | €7,570,348 | +€4.3m | +129% |
| Tangible fixed assets | 22/27 | €3,304,220 | €7,570,348 | +€4.3m | +129% |
| Land and buildings | 22 | €3,215,122 | €7,479,382 | +€4.3m | +133% |
| Plant, machinery and equipment | 23 | €33,178 | €28,595 | -€4,583 | -13.8% |
| Furniture and vehicles | 24 | €32,770 | €44,006 | +€11,236 | +34.3% |
| Other tangible fixed assets | 26 | €23,150 | €18,364 | -€4,786 | -20.7% |
| Current assets | 29/58 | €566,745 | €432,563 | -€134,181 | -23.7% |
| Amounts receivable within one year | 40/41 | €335,000 | €64,309 | -€270,691 | -80.8% |
| Trade receivables | 40 | €335,000 | €63,476 | -€271,524 | -81.1% |
| Other amounts receivable | 41 | - | €832 | +€832 | |
| Cash at bank and in hand | 54/58 | €227,966 | €362,937 | +€134,971 | +59.2% |
| Deferred charges and accrued income | 490/1 | €3,779 | €5,318 | +€1,539 | +40.7% |
| Total equity and liabilities | 10/49 | €3,870,965 | €8,002,911 | +€4.1m | +107% |
| Equity | 10/15 | €3,725,924 | €7,228,301 | +€3.5m | +94.0% |
| Contributions | 10/11 | €4,000,000 | €7,500,000 | +€3.5m | +87.5% |
| Capital | 10 | €4,000,000 | €7,500,000 | +€3.5m | +87.5% |
| Issued capital | 100 | €5,000,000 | €10,000,000 | +€5.0m | +100% |
| Uncalled capital | 101 | €1,000,000 | €2,500,000 | +€1.5m | +150% |
| Reserves | 13 | €947 | €947 | = | 0.0% |
| Non-distributable reserves | 130/1 | €947 | €947 | = | 0.0% |
| Legal reserve | 130 | €947 | €947 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€275,023 | -€272,646 | +€2,377 | +0.9% |
| Amounts payable | 17/49 | €145,040 | €774,610 | +€629,570 | +434% |
| Amounts payable after more than one year | 17 | - | €698,119 | +€698,119 | |
| Financial debts | 170/4 | - | €698,119 | +€698,119 | |
| Amounts payable within one year | 42/48 | €142,290 | €76,491 | -€65,799 | -46.2% |
| Current portion of amounts payable after more than one year | 42 | - | €39,137 | +€39,137 | |
| Trade debts | 44 | €94,374 | €23,612 | -€70,761 | -75.0% |
| Suppliers | 440/4 | €94,374 | €23,612 | -€70,761 | -75.0% |
| Taxes, remuneration and social security | 45 | €42,900 | €7,047 | -€35,853 | -83.6% |
| Taxes | 450/3 | €42,900 | €6,716 | -€36,184 | -84.3% |
| Remuneration and social security | 454/9 | - | €331 | +€331 | |
| Other amounts payable | 47/48 | €5,016 | €6,694 | +€1,678 | +33.4% |
| Accrued charges and deferred income | 492/3 | €2,750 | - | -€2,750 | |
| Remuneration, social security and pensions | 62 | €3,732 | €4,108 | +€375 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €140,175 | €238,247 | +€98,072 | +70.0% |
| Other operating charges | 640/8 | €9,688 | €7,728 | -€1,960 | -20.2% |
| Gross operating margin | 9900 | €125,745 | €262,073 | +€136,328 | +108% |
| Operating profit (loss) | 9901 | -€27,850 | €11,991 | +€39,841 | |
| Financial income | 75/76B | €3,586 | €3,585 | -€1 | 0.0% |
| Recurring financial income | 75 | €3,586 | €3,585 | -€1 | 0.0% |
| Financial charges | 65/66B | €252 | €12,617 | +€12,365 | +4,912% |
| Recurring financial charges | 65 | €252 | €12,617 | +€12,365 | +4,912% |
| Profit (loss) for the period before taxes | 9903 | -€24,516 | €2,960 | +€27,475 | |
| Income taxes | 67/77 | - | €583 | +€583 | |
| Profit (loss) for the period | 9904 | -€24,516 | €2,377 | +€26,892 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,516 | €2,377 | +€26,892 |
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 29 October 2026 via checked.be.