GRISK Consulting: 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.
GRISK Consulting
Largest movements
- Tangible fixed assets +€795,357
up €795,357 (+100%), from €794,304 to €1.6m
of which Plant, machinery and equipment: +€739,906
- Cash +€164,787
up €164,787 (+26.2%), from €628,296 to €793,083
mainly Net result for the year (+€423,732) and Debts after one year (+€373,447)
- Receivables within one year +€87,362
up €87,362 (+28.2%), from €309,938 to €397,299
of which Trade receivables: +€76,005
- Profit (loss) carried forward +€373,732
up €373,732 (+51.7%), from €723,333 to €1.1m
- Debts after one year +€373,447
up €373,447 (+68.2%), from €547,786 to €921,233
- Trade debts +€350,056
up €350,056 (+661%), from €52,992 to €403,048
- Current portion of long-term debt +€119,933
up €119,933 (+102%), from €117,247 to €237,179
- Tax, wage and social debts -€115,080
down €115,080 (-40.6%), from €283,462 to €168,383
of which Taxes: -€131,736
- Gross operating margin +€258,855
up €258,855 (+18.0%), from €1.4m to €1.7m
- Staff costs +€149,100
up €149,100 (+22.8%), from €654,129 to €803,229
- Depreciation +€82,042
up €82,042 (+39.1%), from €210,062 to €292,104
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,036,154 | €3,085,730 | +€1.0m | +51.5% |
| Fixed assets | 21/28 | €1,094,599 | €1,890,092 | +€795,492 | +72.7% |
| Tangible fixed assets | 22/27 | €794,304 | €1,589,662 | +€795,357 | +100% |
| Land and buildings | 22 | €296,764 | €281,080 | -€15,684 | -5.3% |
| Plant, machinery and equipment | 23 | €442,029 | €1,181,935 | +€739,906 | +167% |
| Furniture and vehicles | 24 | €55,511 | €126,647 | +€71,136 | +128% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Financial fixed assets | 28 | €300,295 | €300,430 | +€135 | 0.0% |
| Current assets | 29/58 | €941,555 | €1,195,639 | +€254,084 | +27.0% |
| Amounts receivable within one year | 40/41 | €309,938 | €397,299 | +€87,362 | +28.2% |
| Trade receivables | 40 | €270,862 | €346,867 | +€76,005 | +28.1% |
| Other amounts receivable | 41 | €39,075 | €50,432 | +€11,357 | +29.1% |
| Cash at bank and in hand | 54/58 | €628,296 | €793,083 | +€164,787 | +26.2% |
| Deferred charges and accrued income | 490/1 | €3,322 | €5,257 | +€1,935 | +58.3% |
| Total equity and liabilities | 10/49 | €2,036,154 | €3,085,730 | +€1.0m | +51.5% |
| Equity | 10/15 | €933,077 | €1,314,703 | +€381,626 | +40.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €203,543 | €211,438 | +€7,895 | +3.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €201,683 | €209,578 | +€7,895 | +3.9% |
| Profit (loss) carried forward | 14 | €723,333 | €1,097,065 | +€373,732 | +51.7% |
| Amounts payable | 17/49 | €1,103,078 | €1,771,027 | +€667,950 | +60.6% |
| Amounts payable after more than one year | 17 | €547,786 | €921,233 | +€373,447 | +68.2% |
| Financial debts | 170/4 | €547,786 | €921,233 | +€373,447 | +68.2% |
| Amounts payable within one year | 42/48 | €555,291 | €849,794 | +€294,503 | +53.0% |
| Current portion of amounts payable after more than one year | 42 | €117,247 | €237,179 | +€119,933 | +102% |
| Trade debts | 44 | €52,992 | €403,048 | +€350,056 | +661% |
| Suppliers | 440/4 | €52,992 | €403,048 | +€350,056 | +661% |
| Taxes, remuneration and social security | 45 | €283,462 | €168,383 | -€115,080 | -40.6% |
| Taxes | 450/3 | €251,604 | €119,869 | -€131,736 | -52.4% |
| Remuneration and social security | 454/9 | €31,858 | €48,514 | +€16,656 | +52.3% |
| Other amounts payable | 47/48 | €101,590 | €41,184 | -€60,406 | -59.5% |
| Non-recurring operating income | 76A | €5,437 | €7,945 | +€2,508 | +46.1% |
| Remuneration, social security and pensions | 62 | €654,129 | €803,229 | +€149,100 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210,062 | €292,104 | +€82,042 | +39.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,987 | - | -€1,987 | |
| Other operating charges | 640/8 | €16,014 | €17,654 | +€1,640 | +10.2% |
| Non-recurring operating charges | 66A | €2,098 | €3,239 | +€1,140 | +54.4% |
| Gross operating margin | 9900 | €1,437,415 | €1,696,270 | +€258,855 | +18.0% |
| Operating profit (loss) | 9901 | €553,124 | €580,044 | +€26,920 | +4.9% |
| Financial income | 75/76B | €711 | €678 | -€33 | -4.7% |
| Recurring financial income | 75 | €711 | €678 | -€33 | -4.7% |
| Financial charges | 65/66B | €13,537 | €29,865 | +€16,328 | +121% |
| Recurring financial charges | 65 | €13,537 | €29,865 | +€16,328 | +121% |
| Profit (loss) for the period before taxes | 9903 | €540,299 | €550,857 | +€10,559 | +2.0% |
| Income taxes | 67/77 | €139,213 | €127,126 | -€12,087 | -8.7% |
| Profit (loss) for the period | 9904 | €401,086 | €423,732 | +€22,645 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €401,086 | €423,732 | +€22,645 | +5.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.