GRINTA: 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.
GRINTA
Largest movements
- Cash -€11,837
down €11,837 (-52.8%), from €22,431 to €10,594
mainly Contributions, distributions and other (-€22,692) and Tax, wage and social debts (-€15,865)
- Receivables within one year -€5,219
down €5,219 (-8.8%), from €59,179 to €53,960
- Tax, wage and social debts -€15,865
down €15,865 (-74.5%), from €21,291 to €5,427
of which Taxes: -€15,865
- Current portion of long-term debt -€1,722
down €1,722 (-39.2%), from €4,388 to €2,667
- Trade debts -€1,190
down €1,190 (-93.5%), from €1,272 to €83
- Other debts +€918
up €918 (+4.2%), from €21,775 to €22,692
- Other operating charges -€1,718
down €1,718 (-64.5%), from €2,664 to €946
- Taxes +€697
up €697 (+10.6%), from €6,607 to €7,304
- Financial charges -€612
down €612 (-39.3%), from €1,559 to €947
- Staff costs +€499
up €499 (+35.8%), from €1,393 to €1,892
- Gross operating margin -€476
down €476 (-1.5%), from €31,624 to €31,147
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 | €83,545 | €66,247 | -€17,298 | -20.7% |
| Fixed assets | 21/28 | €1,935 | €1,693 | -€242 | -12.5% |
| Tangible fixed assets | 22/27 | €1,935 | €1,693 | -€242 | -12.5% |
| Land and buildings | 22 | €1,935 | €1,693 | -€242 | -12.5% |
| Current assets | 29/58 | €81,610 | €64,554 | -€17,056 | -20.9% |
| Amounts receivable within one year | 40/41 | €59,179 | €53,960 | -€5,219 | -8.8% |
| Other amounts receivable | 41 | €59,179 | €53,960 | -€5,219 | -8.8% |
| Cash at bank and in hand | 54/58 | €22,431 | €10,594 | -€11,837 | -52.8% |
| Total equity and liabilities | 10/49 | €83,545 | €66,247 | -€17,298 | -20.7% |
| Equity | 10/15 | €33,318 | €33,318 | = | 0.0% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Reserves | 13 | €33,068 | €33,068 | = | 0.0% |
| Distributable reserves | 133 | €33,068 | €33,068 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €1,500 | €1,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,500 | €1,500 | = | 0.0% |
| Pensions and similar obligations | 160 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable | 17/49 | €48,727 | €31,428 | -€17,298 | -35.5% |
| Amounts payable within one year | 42/48 | €48,727 | €30,868 | -€17,858 | -36.6% |
| Current portion of amounts payable after more than one year | 42 | €4,388 | €2,667 | -€1,722 | -39.2% |
| Trade debts | 44 | €1,272 | €83 | -€1,190 | -93.5% |
| Suppliers | 440/4 | €1,272 | €83 | -€1,190 | -93.5% |
| Taxes, remuneration and social security | 45 | €21,291 | €5,427 | -€15,865 | -74.5% |
| Taxes | 450/3 | €21,291 | €5,427 | -€15,865 | -74.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €21,775 | €22,692 | +€918 | +4.2% |
| Accrued charges and deferred income | 492/3 | - | €560 | +€560 | |
| Remuneration, social security and pensions | 62 | €1,393 | €1,892 | +€499 | +35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €242 | €242 | = | 0.0% |
| Other operating charges | 640/8 | €2,664 | €946 | -€1,718 | -64.5% |
| Gross operating margin | 9900 | €31,624 | €31,147 | -€476 | -1.5% |
| Operating profit (loss) | 9901 | €27,324 | €28,067 | +€743 | +2.7% |
| Financial income | 75/76B | €2,616 | €2,876 | +€260 | +10.0% |
| Recurring financial income | 75 | €2,616 | €2,876 | +€260 | +10.0% |
| Financial charges | 65/66B | €1,559 | €947 | -€612 | -39.3% |
| Recurring financial charges | 65 | €1,559 | €947 | -€612 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | €28,382 | €29,997 | +€1,615 | +5.7% |
| Income taxes | 67/77 | €6,607 | €7,304 | +€697 | +10.6% |
| Profit (loss) for the period | 9904 | €21,775 | €22,692 | +€918 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,775 | €22,692 | +€918 | +4.2% |
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 12 October 2026 via checked.be.