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GrindFactory Prep Antwerp: 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.

What changed

GrindFactory Prep Antwerp

BE 0825.440.603
NACE 93.123, Sports, amusement and recreation activities
financial year 2022 against 2024not consecutivefiled annual accounts (NBB)
Net result for the year
€5,449
2022 · -€2,764+€8,213
Equity
-€1,057
2022 · €4,447-€5,503
Cash
€2,725
2022 · €5,812-€3,086
Balance sheet total
€4,393
2022 · €6,062-€1,668

Largest movements

2022 to 2024
Assets
  • Cash -€3,086

    down €3,086 (-53.1%), from €5,812 to €2,725

  • Receivables within one year +€1,418

    new in 2024: €1,418

    of which Other amounts receivable: +€908

Equity and liabilities
  • Contributions -€10,952

    down €10,952, from €4,447 to -€6,505

  • Profit (loss) carried forward +€5,449

    new in 2024: €5,449

  • Debts within one year +€3,835

    up €3,835 (+237.5%), from €1,615 to €5,450

Income statement
  • Gross operating margin +€7,004

    up €7,004, from -€957 to €6,047

  • Financial charges -€1,113

    down €1,113 (-75.3%), from €1,478 to €365

  • Other operating charges -€96

    down €96 (-29.1%), from €330 to €234

From the 2022 result to the 2024 result

effect on the 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.

Result 2022 -€2,764
Gross operating margin +€7,004
Other operating charges +€96
Financial charges +€1,113
Result 2024 €5,449

Cash bridge derived

cash 2022 to 2024

A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.

Every line side by side 23 lines
Line Code 2022 2024 Change %
Total assets 20/58 €6,062 €4,393 -€1,668 -27.5%
Fixed assets 21/28 €250 €250 = 0.0%
Financial fixed assets 28 €250 €250 = 0.0%
Current assets 29/58 €5,812 €4,143 -€1,668 -28.7%
Amounts receivable within one year 40/41 - €1,418 +€1,418
Trade receivables 40 - €510 +€510
Other amounts receivable 41 - €908 +€908
Cash at bank and in hand 54/58 €5,812 €2,725 -€3,086 -53.1%
Total equity and liabilities 10/49 €6,062 €4,393 -€1,668 -27.5%
Equity 10/15 €4,447 -€1,057 -€5,503
Contributions 10/11 €4,447 -€6,505 -€10,952
Capital 10 €4,447 -€6,505 -€10,952
Profit (loss) carried forward 14 - €5,449 +€5,449
Amounts payable 17/49 €1,615 €5,450 +€3,835 +237.5%
Amounts payable within one year 42/48 €1,615 €5,450 +€3,835 +237.5%
Other operating charges 640/8 €330 €234 -€96 -29.1%
Gross operating margin 9900 -€957 €6,047 +€7,004
Operating profit (loss) 9901 -€1,287 €5,813 +€7,100
Financial charges 65/66B €1,478 €365 -€1,113 -75.3%
Recurring financial charges 65 €1,478 €365 -€1,113 -75.3%
Profit (loss) for the period before taxes 9903 -€2,764 €5,449 +€8,213
Profit (loss) for the period 9904 -€2,764 €5,449 +€8,213
Profit (loss) for the period to be appropriated 9905 -€2,764 €5,449 +€8,213

Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.