GRINTA: 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.
GRINTA
Largest movements
- Receivables within one year -€10,213
down €10,213 (-70.9%), from €14,403 to €4,191
- Tangible fixed assets +€1,230
up €1,230 (+707.0%), from €174 to €1,405
- Deferred charges and accrued income -€1,095
down €1,095 (-26.3%), from €4,163 to €3,068
- Cash +€629
up €629 (+5.1%), from €12,240 to €12,868
mainly Other debts (+€17,480) and Receivables within one year (+€10,213)
- Other debts +€17,480
up €17,480 (+135.0%), from €12,953 to €30,432
- Trade debts -€12,341
down €12,341 (-44.1%), from €27,979 to €15,638
- Profit (loss) carried forward -€8,233
down €8,233 (-21.1%), from -€39,057 to -€47,290
- Tax, wage and social debts -€7,585
down €7,585 (-58.2%), from €13,036 to €5,451
of which Remuneration and social security: -€7,991
- Accrued charges and deferred income +€1,230
up €1,230 (+96.9%), from €1,270 to €2,500
- Gross operating margin +€6,524
up €6,524 (+55.2%), from -€11,827 to -€5,304
- Financial charges -€257
down €257 (-13.5%), from €1,904 to €1,647
- Depreciation -€224
down €224 (-51.0%), from €439 to €215
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 | €31,180 | €21,731 | -€9,449 | -30.3% |
| Fixed assets | 21/28 | €374 | €1,605 | +€1,230 | +329.0% |
| Tangible fixed assets | 22/27 | €174 | €1,405 | +€1,230 | +707.0% |
| Furniture and vehicles | 24 | €174 | €1,405 | +€1,230 | +707.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €30,806 | €20,127 | -€10,679 | -34.7% |
| Amounts receivable within one year | 40/41 | €14,403 | €4,191 | -€10,213 | -70.9% |
| Trade receivables | 40 | €14,403 | €4,191 | -€10,213 | -70.9% |
| Cash at bank and in hand | 54/58 | €12,240 | €12,868 | +€629 | +5.1% |
| Deferred charges and accrued income | 490/1 | €4,163 | €3,068 | -€1,095 | -26.3% |
| Total equity and liabilities | 10/49 | €31,180 | €21,731 | -€9,449 | -30.3% |
| Equity | 10/15 | -€24,057 | -€32,290 | -€8,233 | -34.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,057 | -€47,290 | -€8,233 | -21.1% |
| Amounts payable | 17/49 | €55,237 | €54,022 | -€1,216 | -2.2% |
| Amounts payable within one year | 42/48 | €53,968 | €51,521 | -€2,446 | -4.5% |
| Trade debts | 44 | €27,979 | €15,638 | -€12,341 | -44.1% |
| Suppliers | 440/4 | €27,979 | €15,638 | -€12,341 | -44.1% |
| Taxes, remuneration and social security | 45 | €13,036 | €5,451 | -€7,585 | -58.2% |
| Taxes | 450/3 | €3,045 | €3,451 | +€406 | +13.3% |
| Remuneration and social security | 454/9 | €9,991 | €2,000 | -€7,991 | -80.0% |
| Other amounts payable | 47/48 | €12,953 | €30,432 | +€17,480 | +135.0% |
| Accrued charges and deferred income | 492/3 | €1,270 | €2,500 | +€1,230 | +96.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €439 | €215 | -€224 | -51.0% |
| Other operating charges | 640/8 | €970 | €927 | -€43 | -4.5% |
| Gross operating margin | 9900 | -€11,827 | -€5,304 | +€6,524 | +55.2% |
| Operating profit (loss) | 9901 | -€13,236 | -€6,445 | +€6,791 | +51.3% |
| Financial charges | 65/66B | €1,904 | €1,647 | -€257 | -13.5% |
| Recurring financial charges | 65 | €1,904 | €1,647 | -€257 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,140 | -€8,092 | +€7,048 | +46.6% |
| Income taxes | 67/77 | €144 | €141 | -€3 | -2.3% |
| Profit (loss) for the period | 9904 | -€15,285 | -€8,233 | +€7,052 | +46.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,285 | -€8,233 | +€7,052 | +46.1% |
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 8 October 2026 via checked.be.