GRIP: 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.
GRIP
Largest movements
- Cash +€11,799
up €11,799 (+32.1%), from €36,721 to €48,521
mainly Net result for the year (+€11,143) and Depreciation (+€8,960)
- Tangible fixed assets -€8,960
down €8,960 (-18.7%), from €47,833 to €38,873
of which Furniture and vehicles: -€6,314
- Receivables within one year -€6,729
down €6,729 (-71.3%), from €9,437 to €2,709
of which Trade receivables: -€3,483
- Current investments +€5,824
up €5,824 (+12.4%), from €47,023 to €52,848
- Reserves +€11,143
up €11,143 (+60.2%), from €18,518 to €29,661
of which Distributable reserves: +€11,143
- Debts after one year -€8,067
down €8,067 (-57.1%), from €14,117 to €6,050
- Other debts -€2,759
down €2,759 (-7.3%), from €37,880 to €35,120
- Tax, wage and social debts +€1,820
up €1,820 (+102.5%), from €1,776 to €3,596
- Depreciation +€4,048
up €4,048 (+82.4%), from €4,912 to €8,960
- Taxes +€1,587
up €1,587 (+84.4%), from €1,880 to €3,467
- Financial charges +€1,195
up €1,195 (+239.3%), from €499 to €1,694
- Gross operating margin +€719
up €719 (+2.9%), from €24,660 to €25,379
- Financial income +€371
up €371 (+107.6%), from €345 to €717
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 | €141,873 | €143,714 | +€1,841 | +1.3% |
| Fixed assets | 21/28 | €47,833 | €38,873 | -€8,960 | -18.7% |
| Tangible fixed assets | 22/27 | €47,833 | €38,873 | -€8,960 | -18.7% |
| Furniture and vehicles | 24 | €29,302 | €22,988 | -€6,314 | -21.5% |
| Other tangible fixed assets | 26 | €18,531 | €15,885 | -€2,646 | -14.3% |
| Current assets | 29/58 | €94,040 | €104,841 | +€10,801 | +11.5% |
| Amounts receivable within one year | 40/41 | €9,437 | €2,709 | -€6,729 | -71.3% |
| Trade receivables | 40 | €6,191 | €2,709 | -€3,483 | -56.3% |
| Other amounts receivable | 41 | €3,246 | €0 | -€3,246 | -100.0% |
| Current investments | 50/53 | €47,023 | €52,848 | +€5,824 | +12.4% |
| Cash at bank and in hand | 54/58 | €36,721 | €48,521 | +€11,799 | +32.1% |
| Deferred charges and accrued income | 490/1 | €858 | €764 | -€94 | -10.9% |
| Total equity and liabilities | 10/49 | €141,873 | €143,714 | +€1,841 | +1.3% |
| Equity | 10/15 | €76,947 | €88,090 | +€11,143 | +14.5% |
| Contributions | 10/11 | €12,408 | €12,408 | = | 0.0% |
| Reserves | 13 | €18,518 | €29,661 | +€11,143 | +60.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €18,518 | €29,661 | +€11,143 | +60.2% |
| Profit (loss) carried forward | 14 | €46,021 | €46,021 | = | 0.0% |
| Amounts payable | 17/49 | €64,926 | €55,624 | -€9,302 | -14.3% |
| Amounts payable after more than one year | 17 | €14,117 | €6,050 | -€8,067 | -57.1% |
| Financial debts | 170/4 | €14,117 | €6,050 | -€8,067 | -57.1% |
| Amounts payable within one year | 42/48 | €49,665 | €48,914 | -€752 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €8,067 | €8,067 | -€0 | 0.0% |
| Trade debts | 44 | €1,942 | €2,130 | +€188 | +9.7% |
| Suppliers | 440/4 | €1,942 | €2,130 | +€188 | +9.7% |
| Taxes, remuneration and social security | 45 | €1,776 | €3,596 | +€1,820 | +102.5% |
| Taxes | 450/3 | €1,776 | €3,596 | +€1,820 | +102.5% |
| Other amounts payable | 47/48 | €37,880 | €35,120 | -€2,759 | -7.3% |
| Accrued charges and deferred income | 492/3 | €1,144 | €660 | -€484 | -42.3% |
| Non-recurring operating income | 76A | €3,000 | €0 | -€3,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,912 | €8,960 | +€4,048 | +82.4% |
| Other operating charges | 640/8 | €1,056 | €831 | -€224 | -21.2% |
| Gross operating margin | 9900 | €24,660 | €25,379 | +€719 | +2.9% |
| Operating profit (loss) | 9901 | €18,692 | €15,588 | -€3,104 | -16.6% |
| Financial income | 75/76B | €345 | €717 | +€371 | +107.6% |
| Recurring financial income | 75 | €345 | €717 | +€371 | +107.6% |
| Financial charges | 65/66B | €499 | €1,694 | +€1,195 | +239.3% |
| Recurring financial charges | 65 | €499 | €1,694 | +€1,195 | +239.3% |
| Profit (loss) for the period before taxes | 9903 | €18,538 | €14,610 | -€3,928 | -21.2% |
| Income taxes | 67/77 | €1,880 | €3,467 | +€1,587 | +84.4% |
| Profit (loss) for the period | 9904 | €16,658 | €11,143 | -€5,515 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,658 | €11,143 | -€5,515 | -33.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.