GRIPPA: 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.
What changed
GRIPPA
NACE 81.300, Landscape service activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€92,636
2024 · €86,128+€6,508
Equity
€396,042
2024 · €320,406+€75,636
Cash
€329,793
2024 · €305,886+€23,907
Balance sheet total
€465,573
2024 · €410,321+€55,252
Largest movements
Assets
- Receivables within one year +€34,438
up €34,438 (+76.6%), from €44,972 to €79,410
of which Trade receivables: +€34,216
- Cash +€23,907
up €23,907 (+7.8%), from €305,886 to €329,793
mainly Net result for the year (+€92,636) and Depreciation (+€27,244)
Equity and liabilities
- Reserves +€75,636
up €75,636 (+24.6%), from €308,006 to €383,642
of which Distributable reserves: +€72,671
- Debts after one year -€16,436
down €16,436 (-92.9%), from €17,691 to €1,255
- Trade debts +€12,881
up €12,881 (+53,052%), from €24 to €12,905
- Other debts -€9,758
down €9,758 (-33.2%), from €29,384 to €19,626
Income statement
- Gross operating margin +€14,880
up €14,880 (+4.8%), from €310,559 to €325,439
- Staff costs +€3,651
up €3,651 (+2.2%), from €166,235 to €169,886
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.
Result 2024
€86,128
Gross operating margin
+€14,880
Staff costs
-€3,651
Depreciation
-€765
Other operating charges
-€1,706
Financial income
+€20
Financial charges
+€2,100
Taxes
-€3,237
Deferred taxes and other
-€1,133
Result 2025
€92,636
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€84,699
Investment
-€23,750
Financing
-€37,042
Cash 2024
€305,886
From operations (derived)
+€84,699
Net result for the year
+€92,636
Depreciation
+€27,244
Smaller working-capital items
-€400
Receivables within one year
-€34,438
Provisions
+€741
Trade debts
+€12,881
Tax, wage and social debts
-€4,207
Other debts
-€9,758
Investment (derived)
-€23,750
Investment in fixed assets (net)
-€23,750
Financing
-€37,042
Debts after one year
-€16,436
Current portion of long-term debt
-€3,606
Contributions, distributions and other
-€17,000
Cash 2025
€329,793
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €410,321 | €465,573 | +€55,252 | +13.5% |
| Fixed assets | 21/28 | €52,276 | €48,782 | -€3,494 | -6.7% |
| Tangible fixed assets | 22/27 | €51,776 | €48,282 | -€3,494 | -6.7% |
| Plant, machinery and equipment | 23 | €2,924 | €1,178 | -€1,746 | -59.7% |
| Furniture and vehicles | 24 | €48,853 | €47,105 | -€1,748 | -3.6% |
| Financial fixed assets | 28 | €499 | €499 | = | 0.0% |
| Current assets | 29/58 | €358,045 | €416,791 | +€58,745 | +16.4% |
| Stocks and contracts in progress | 3 | €429 | €634 | +€205 | +47.8% |
| Stocks | 30/36 | €429 | €634 | +€205 | +47.8% |
| Amounts receivable within one year | 40/41 | €44,972 | €79,410 | +€34,438 | +76.6% |
| Trade receivables | 40 | €37,370 | €71,586 | +€34,216 | +91.6% |
| Other amounts receivable | 41 | €7,602 | €7,824 | +€222 | +2.9% |
| Cash at bank and in hand | 54/58 | €305,886 | €329,793 | +€23,907 | +7.8% |
| Deferred charges and accrued income | 490/1 | €6,759 | €6,954 | +€195 | +2.9% |
| Total equity and liabilities | 10/49 | €410,321 | €465,573 | +€55,252 | +13.5% |
| Equity | 10/15 | €320,406 | €396,042 | +€75,636 | +23.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €308,006 | €383,642 | +€75,636 | +24.6% |
| Tax-exempt reserves | 132 | €4,704 | €7,669 | +€2,965 | +63.0% |
| Distributable reserves | 133 | €303,302 | €375,973 | +€72,671 | +24.0% |
| Provisions and deferred taxes | 16 | €1,176 | €1,917 | +€741 | +63.0% |
| Deferred taxes | 168 | €1,176 | €1,917 | +€741 | +63.0% |
| Amounts payable | 17/49 | €88,739 | €67,613 | -€21,126 | -23.8% |
| Amounts payable after more than one year | 17 | €17,691 | €1,255 | -€16,436 | -92.9% |
| Financial debts | 170/4 | €17,691 | €1,255 | -€16,436 | -92.9% |
| Amounts payable within one year | 42/48 | €69,310 | €64,620 | -€4,690 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €20,042 | €16,436 | -€3,606 | -18.0% |
| Financial debts | 43 | €2,667 | €2,667 | = | 0.0% |
| Credit institutions | 430/8 | €2,667 | €2,667 | = | 0.0% |
| Trade debts | 44 | €24 | €12,905 | +€12,881 | +53,052% |
| Suppliers | 440/4 | €24 | €12,905 | +€12,881 | +53,052% |
| Taxes, remuneration and social security | 45 | €17,193 | €12,986 | -€4,207 | -24.5% |
| Taxes | 450/3 | €14,832 | €11,147 | -€3,685 | -24.8% |
| Remuneration and social security | 454/9 | €2,361 | €1,839 | -€522 | -22.1% |
| Other amounts payable | 47/48 | €29,384 | €19,626 | -€9,758 | -33.2% |
| Accrued charges and deferred income | 492/3 | €1,738 | €1,738 | = | 0.0% |
| Non-recurring operating income | 76A | - | €8,500 | +€8,500 | |
| Remuneration, social security and pensions | 62 | €166,235 | €169,886 | +€3,651 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,479 | €27,244 | +€765 | +2.9% |
| Other operating charges | 640/8 | €2,999 | €4,705 | +€1,706 | +56.9% |
| Gross operating margin | 9900 | €310,559 | €325,439 | +€14,880 | +4.8% |
| Operating profit (loss) | 9901 | €114,846 | €123,604 | +€8,758 | +7.6% |
| Financial income | 75/76B | €3 | €22 | +€20 | +740% |
| Recurring financial income | 75 | €3 | €22 | +€20 | +740% |
| Financial charges | 65/66B | €3,280 | €1,181 | -€2,100 | -64.0% |
| Recurring financial charges | 65 | €3,280 | €1,181 | -€2,100 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | €111,568 | €122,446 | +€10,878 | +9.7% |
| Transfer from deferred taxes | 780 | €392 | €959 | +€567 | +145% |
| Transfer to deferred taxes | 680 | - | €1,700 | +€1,700 | |
| Income taxes | 67/77 | €25,832 | €29,068 | +€3,237 | +12.5% |
| Profit (loss) for the period | 9904 | €86,128 | €92,636 | +€6,508 | +7.6% |
| Transfer from tax-exempt reserves | 789 | €1,568 | €3,835 | +€2,267 | +145% |
| Transfer to tax-exempt reserves | 689 | - | €6,800 | +€6,800 | |
| Profit (loss) for the period to be appropriated | 9905 | €87,696 | €89,671 | +€1,974 | +2.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.