GRINGO'S DESIGN: 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.
GRINGO'S DESIGN
Largest movements
- Cash +€25,331
up €25,331 (+78.4%), from €32,302 to €57,633
mainly Net result for the year (+€14,207) and Depreciation (+€4,724)
- Tangible fixed assets -€5,629
down €5,629 (-42.1%), from €13,362 to €7,733
of which Furniture and vehicles: -€3,952
- Receivables within one year -€4,131
down €4,131 (-12.0%), from €34,523 to €30,393
of which Trade receivables: -€3,215
- Reserves +€13,374
up €13,374 (+41.5%), from €32,255 to €45,629
of which Distributable reserves: +€13,374
- Tax, wage and social debts +€3,061
up €3,061 (+42.9%), from €7,141 to €10,202
- Other debts -€1,271
down €1,271 (-8.7%), from €14,592 to €13,322
- Gross operating margin +€3,734
up €3,734 (+14.5%), from €25,677 to €29,412
- Other operating charges +€3,179
up €3,179 (+629%), from €505 to €3,684
- Depreciation -€1,206
down €1,206 (-20.3%), from €5,930 to €4,724
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 | €80,906 | €96,882 | +€15,976 | +19.7% |
| Fixed assets | 21/28 | €13,362 | €7,733 | -€5,629 | -42.1% |
| Tangible fixed assets | 22/27 | €13,362 | €7,733 | -€5,629 | -42.1% |
| Plant, machinery and equipment | 23 | €5,808 | €4,130 | -€1,677 | -28.9% |
| Furniture and vehicles | 24 | €7,555 | €3,603 | -€3,952 | -52.3% |
| Current assets | 29/58 | €67,544 | €89,150 | +€21,606 | +32.0% |
| Amounts receivable within one year | 40/41 | €34,523 | €30,393 | -€4,131 | -12.0% |
| Trade receivables | 40 | €33,453 | €30,239 | -€3,215 | -9.6% |
| Other amounts receivable | 41 | €1,070 | €154 | -€916 | -85.6% |
| Cash at bank and in hand | 54/58 | €32,302 | €57,633 | +€25,331 | +78.4% |
| Deferred charges and accrued income | 490/1 | €718 | €1,124 | +€405 | +56.4% |
| Total equity and liabilities | 10/49 | €80,906 | €96,882 | +€15,976 | +19.7% |
| Equity | 10/15 | €32,255 | €45,629 | +€13,374 | +41.5% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €32,255 | €45,629 | +€13,374 | +41.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €32,255 | €45,629 | +€13,374 | +41.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €26,848 | €26,848 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €26,848 | €26,848 | = | 0.0% |
| Pensions and similar obligations | 160 | €26,848 | €26,848 | = | 0.0% |
| Amounts payable | 17/49 | €21,803 | €24,406 | +€2,603 | +11.9% |
| Amounts payable within one year | 42/48 | €21,803 | €24,406 | +€2,603 | +11.9% |
| Financial debts | 43 | €29 | €28 | -€1 | -4.8% |
| Credit institutions | 430/8 | €29 | €28 | -€1 | -4.8% |
| Trade debts | 44 | €41 | €855 | +€814 | +1,983% |
| Suppliers | 440/4 | €41 | €855 | +€814 | +1,983% |
| Taxes, remuneration and social security | 45 | €7,141 | €10,202 | +€3,061 | +42.9% |
| Taxes | 450/3 | €7,141 | €10,202 | +€3,061 | +42.9% |
| Other amounts payable | 47/48 | €14,592 | €13,322 | -€1,271 | -8.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,930 | €4,724 | -€1,206 | -20.3% |
| Other operating charges | 640/8 | €505 | €3,684 | +€3,179 | +629% |
| Non-recurring operating charges | 66A | €0 | €905 | +€905 | |
| Gross operating margin | 9900 | €25,677 | €29,412 | +€3,734 | +14.5% |
| Operating profit (loss) | 9901 | €19,241 | €20,098 | +€856 | +4.4% |
| Financial income | 75/76B | €78 | €0 | -€78 | -100.0% |
| Recurring financial income | 75 | €78 | €0 | -€78 | -100.0% |
| Financial charges | 65/66B | €99 | €150 | +€51 | +51.7% |
| Recurring financial charges | 65 | €99 | €150 | +€51 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | €19,221 | €19,948 | +€727 | +3.8% |
| Income taxes | 67/77 | €5,641 | €5,741 | +€101 | +1.8% |
| Profit (loss) for the period | 9904 | €13,580 | €14,207 | +€626 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,580 | €14,207 | +€626 | +4.6% |
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 21 October 2026 via checked.be.