GRINT: 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.
GRINT
Largest movements
- Cash +€33,705
up €33,705 (+609.1%), from €5,534 to €39,239
mainly Net result for the year (+€43,897) and Depreciation (+€41,848)
- Tangible fixed assets -€25,645
down €25,645 (-3.9%), from €655,667 to €630,022
of which Land and buildings: -€29,837
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€4,186
down €4,186 (-3.9%), from €106,097 to €101,912
- Depreciation +€3,968
up €3,968 (+10.5%), from €37,880 to €41,848
- Taxes -€1,931
down €1,931 (-11.1%), from €17,422 to €15,492
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.
Cash bridge derived
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 | €671,553 | €673,940 | +€2,387 | +0.4% |
| Fixed assets | 21/28 | €655,667 | €630,022 | -€25,645 | -3.9% |
| Tangible fixed assets | 22/27 | €655,667 | €630,022 | -€25,645 | -3.9% |
| Land and buildings | 22 | €587,861 | €558,025 | -€29,837 | -5.1% |
| Furniture and vehicles | 24 | - | €5,271 | +€5,271 | |
| Other tangible fixed assets | 26 | €67,806 | €66,726 | -€1,080 | -1.6% |
| Current assets | 29/58 | €15,886 | €43,918 | +€28,033 | +176.5% |
| Amounts receivable within one year | 40/41 | €8,751 | €3,000 | -€5,751 | -65.7% |
| Trade receivables | 40 | €8,751 | - | -€8,751 | |
| Other amounts receivable | 41 | - | €3,000 | +€3,000 | |
| Cash at bank and in hand | 54/58 | €5,534 | €39,239 | +€33,705 | +609.1% |
| Deferred charges and accrued income | 490/1 | €1,601 | €1,680 | +€78 | +4.9% |
| Total equity and liabilities | 10/49 | €671,553 | €673,940 | +€2,387 | +0.4% |
| Equity | 10/15 | €663,966 | €657,862 | -€6,103 | -0.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €524,876 | €524,876 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €514,876 | €514,876 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,089 | €32,986 | -€6,103 | -15.6% |
| Amounts payable | 17/49 | €7,587 | €16,078 | +€8,490 | +111.9% |
| Amounts payable within one year | 42/48 | €7,587 | €16,078 | +€8,490 | +111.9% |
| Trade debts | 44 | €165 | €4,933 | +€4,768 | +2889.9% |
| Suppliers | 440/4 | €165 | €4,933 | +€4,768 | +2889.9% |
| Taxes, remuneration and social security | 45 | €7,422 | €11,144 | +€3,722 | +50.1% |
| Taxes | 450/3 | €7,422 | €11,144 | +€3,722 | +50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,880 | €41,848 | +€3,968 | +10.5% |
| Other operating charges | 640/8 | €487 | €400 | -€88 | -18.0% |
| Gross operating margin | 9900 | €106,097 | €101,912 | -€4,186 | -3.9% |
| Operating profit (loss) | 9901 | €67,730 | €59,664 | -€8,066 | -11.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €187 | €275 | +€88 | +46.9% |
| Recurring financial charges | 65 | €187 | €275 | +€88 | +46.9% |
| Profit (loss) for the period before taxes | 9903 | €67,542 | €59,389 | -€8,154 | -12.1% |
| Income taxes | 67/77 | €17,422 | €15,492 | -€1,931 | -11.1% |
| Profit (loss) for the period | 9904 | €50,120 | €43,897 | -€6,223 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,120 | €43,897 | -€6,223 | -12.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.