GRINTA VITALITY LAB: 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 VITALITY LAB
Largest movements
- Tangible fixed assets +€113,005
up €113,005 (+57.1%), from €197,796 to €310,801
of which Plant, machinery and equipment: +€122,953
- Cash -€82,865
down €82,865 (-63.9%), from €129,582 to €46,718
mainly Net result for the year (-€365,034) and Investment in fixed assets (net) (-€176,820)
- Receivables within one year -€26,582
down €26,582 (-38.1%), from €69,720 to €43,139
of which Other amounts receivable: -€27,869
- Intangible fixed assets -€17,360
down €17,360 (-12.6%), from €138,058 to €120,698
- Deferred charges and accrued income -€6,338
down €6,338 (-51.8%), from €12,243 to €5,905
- Profit (loss) carried forward -€365,034
down €365,034 (-216%), from -€169,231 to -€534,265
- Other debts +€320,870
up €320,870 (+86.1%), from €372,644 to €693,514
- Accrued charges and deferred income +€19,677
new in 2025: €19,677
- Gross operating margin -€167,274
down €167,274, from €76,172 to -€91,102
- Staff costs +€40,882
up €40,882 (+27.7%), from €147,326 to €188,208
- Depreciation +€4,489
up €4,489 (+5.9%), from €76,686 to €81,175
- Financial charges +€2,301
up €2,301 (+152%), from €1,516 to €3,817
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 | €549,554 | €529,414 | -€20,140 | -3.7% |
| Fixed assets | 21/28 | €335,855 | €431,499 | +€95,645 | +28.5% |
| Intangible fixed assets | 21 | €138,058 | €120,698 | -€17,360 | -12.6% |
| Tangible fixed assets | 22/27 | €197,796 | €310,801 | +€113,005 | +57.1% |
| Plant, machinery and equipment | 23 | €177,509 | €300,461 | +€122,953 | +69.3% |
| Furniture and vehicles | 24 | €8,004 | €1,645 | -€6,359 | -79.4% |
| Other tangible fixed assets | 26 | €12,283 | €8,694 | -€3,589 | -29.2% |
| Current assets | 29/58 | €213,699 | €97,915 | -€115,784 | -54.2% |
| Stocks and contracts in progress | 3 | €2,154 | €2,154 | = | 0.0% |
| Stocks | 30/36 | €2,154 | €2,154 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €69,720 | €43,139 | -€26,582 | -38.1% |
| Trade receivables | 40 | €9,497 | €10,784 | +€1,287 | +13.6% |
| Other amounts receivable | 41 | €60,223 | €32,354 | -€27,869 | -46.3% |
| Cash at bank and in hand | 54/58 | €129,582 | €46,718 | -€82,865 | -63.9% |
| Deferred charges and accrued income | 490/1 | €12,243 | €5,905 | -€6,338 | -51.8% |
| Total equity and liabilities | 10/49 | €549,554 | €529,414 | -€20,140 | -3.7% |
| Equity | 10/15 | €30,769 | -€334,265 | -€365,034 | |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€169,231 | -€534,265 | -€365,034 | -216% |
| Amounts payable | 17/49 | €518,786 | €863,680 | +€344,894 | +66.5% |
| Amounts payable within one year | 42/48 | €518,786 | €844,003 | +€325,217 | +62.7% |
| Trade debts | 44 | €122,485 | €123,321 | +€835 | +0.7% |
| Suppliers | 440/4 | €122,485 | €123,321 | +€835 | +0.7% |
| Advances received on contracts in progress | 46 | €1,462 | €2,892 | +€1,429 | +97.7% |
| Taxes, remuneration and social security | 45 | €22,193 | €24,276 | +€2,083 | +9.4% |
| Taxes | 450/3 | €6,048 | €0 | -€6,048 | -100% |
| Remuneration and social security | 454/9 | €16,145 | €24,276 | +€8,131 | +50.4% |
| Other amounts payable | 47/48 | €372,644 | €693,514 | +€320,870 | +86.1% |
| Accrued charges and deferred income | 492/3 | - | €19,677 | +€19,677 | |
| Non-recurring operating income | 76A | - | €539 | +€539 | |
| Remuneration, social security and pensions | 62 | €147,326 | €188,208 | +€40,882 | +27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,686 | €81,175 | +€4,489 | +5.9% |
| Other operating charges | 640/8 | €1,281 | €801 | -€481 | -37.5% |
| Gross operating margin | 9900 | €76,172 | -€91,102 | -€167,274 | |
| Operating profit (loss) | 9901 | -€149,122 | -€361,286 | -€212,164 | -142% |
| Financial income | 75/76B | €5 | €69 | +€64 | +1,160% |
| Recurring financial income | 75 | €5 | €69 | +€64 | +1,160% |
| Financial charges | 65/66B | €1,516 | €3,817 | +€2,301 | +152% |
| Recurring financial charges | 65 | €1,516 | €3,817 | +€2,301 | +152% |
| Profit (loss) for the period before taxes | 9903 | -€150,633 | -€365,034 | -€214,401 | -142% |
| Profit (loss) for the period | 9904 | -€150,633 | -€365,034 | -€214,401 | -142% |
| Profit (loss) for the period to be appropriated | 9905 | -€150,633 | -€365,034 | -€214,401 | -142% |
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 29 October 2026 via checked.be.