GRISBY: 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.
GRISBY
Largest movements
- Cash -€13,164
down €13,164 (-37.8%), from €34,801 to €21,637
mainly Other debts (-€30,161) and Contributions, distributions and other (-€6,082)
- Other debts -€30,161
down €30,161 (-22.1%), from €136,310 to €106,149
- Reserves +€19,995
up €19,995 (+15.3%), from €130,823 to €150,818
of which Distributable reserves: +€19,995
- Taxes +€1,811
up €1,811 (+17.5%), from €10,358 to €12,169
- Financial charges +€1,564
up €1,564 (+26.5%), from €5,897 to €7,461
- Gross operating margin -€1,395
down €1,395 (-3.0%), from €47,036 to €45,641
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 | €408,105 | €392,711 | -€15,394 | -3.8% |
| Fixed assets | 21/28 | €365,410 | €365,410 | = | 0.0% |
| Tangible fixed assets | 22/27 | €365,410 | €365,410 | = | 0.0% |
| Land and buildings | 22 | €365,410 | €365,410 | = | 0.0% |
| Current assets | 29/58 | €42,695 | €27,301 | -€15,394 | -36.1% |
| Amounts receivable after more than one year | 29 | €7,707 | €5,145 | -€2,561 | -33.2% |
| Other amounts receivable | 291 | €7,707 | €5,145 | -€2,561 | -33.2% |
| Amounts receivable within one year | 40/41 | €187 | €519 | +€331 | +176.7% |
| Other amounts receivable | 41 | €187 | €519 | +€331 | +176.7% |
| Cash at bank and in hand | 54/58 | €34,801 | €21,637 | -€13,164 | -37.8% |
| Total equity and liabilities | 10/49 | €408,105 | €392,711 | -€15,394 | -3.8% |
| Equity | 10/15 | €263,603 | €283,598 | +€19,995 | +7.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €130,823 | €150,818 | +€19,995 | +15.3% |
| Non-distributable reserves | 130/1 | €7,213 | €7,213 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,213 | €7,213 | = | 0.0% |
| Distributable reserves | 133 | €123,610 | €143,605 | +€19,995 | +16.2% |
| Profit (loss) carried forward | 14 | €126,580 | €126,580 | = | 0.0% |
| Amounts payable | 17/49 | €144,502 | €109,113 | -€35,389 | -24.5% |
| Amounts payable within one year | 42/48 | €144,502 | €109,113 | -€35,389 | -24.5% |
| Trade debts | 44 | €2,172 | €0 | -€2,172 | -100.0% |
| Suppliers | 440/4 | €2,172 | €0 | -€2,172 | -100.0% |
| Taxes, remuneration and social security | 45 | €6,020 | €2,964 | -€3,056 | -50.8% |
| Taxes | 450/3 | €6,020 | €2,964 | -€3,056 | -50.8% |
| Other amounts payable | 47/48 | €136,310 | €106,149 | -€30,161 | -22.1% |
| Gross operating margin | 9900 | €47,036 | €45,641 | -€1,395 | -3.0% |
| Operating profit (loss) | 9901 | €47,036 | €45,641 | -€1,395 | -3.0% |
| Financial income | 75/76B | €295 | €66 | -€229 | -77.6% |
| Recurring financial income | 75 | €295 | €66 | -€229 | -77.6% |
| Financial charges | 65/66B | €5,897 | €7,461 | +€1,564 | +26.5% |
| Recurring financial charges | 65 | €5,897 | €7,461 | +€1,564 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €41,433 | €38,245 | -€3,188 | -7.7% |
| Income taxes | 67/77 | €10,358 | €12,169 | +€1,811 | +17.5% |
| Profit (loss) for the period | 9904 | €31,075 | €26,076 | -€4,999 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,075 | €26,076 | -€4,999 | -16.1% |
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 6 October 2026 via checked.be.