GRIT ATTITUDE: 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.
GRIT ATTITUDE
Largest movements
- Cash -€33,856
down €33,856 (-30.5%), from €111,177 to €77,321
mainly Other debts (-€168,664) and Receivables within one year (-€6,797)
- Receivables within one year +€6,797
up €6,797 (+3.8%), from €181,109 to €187,905
of which Trade receivables: +€17,898
- Tangible fixed assets -€4,175
down €4,175 (-27.2%), from €15,360 to €11,185
- Other debts -€168,664
down €168,664 (-54.2%), from €310,990 to €142,326
- Trade debts +€134,416
up €134,416 (+681%), from €19,745 to €154,161
- Tax, wage and social debts +€7,779
up €7,779 (+103%), from €7,531 to €15,310
- Profit (loss) carried forward -€4,808
down €4,808 (-25.2%), from -€19,078 to -€23,886
- Gross operating margin +€33,500
up €33,500, from -€23,018 to €10,482
- Financial income -€16,376
no longer reported in 2025 (was €16,376)
- Other operating charges +€2,768
new in 2025: €2,768
- Financial charges -€861
down €861 (-59.2%), from €1,454 to €593
- Depreciation +€265
up €265 (+6.8%), from €3,910 to €4,175
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 | €320,188 | €288,911 | -€31,276 | -9.8% |
| Fixed assets | 21/28 | €21,360 | €17,185 | -€4,175 | -19.5% |
| Tangible fixed assets | 22/27 | €15,360 | €11,185 | -€4,175 | -27.2% |
| Furniture and vehicles | 24 | €15,360 | €11,185 | -€4,175 | -27.2% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €298,828 | €271,726 | -€27,102 | -9.1% |
| Amounts receivable within one year | 40/41 | €181,109 | €187,905 | +€6,797 | +3.8% |
| Trade receivables | 40 | €167,125 | €185,022 | +€17,898 | +10.7% |
| Other amounts receivable | 41 | €13,984 | €2,883 | -€11,101 | -79.4% |
| Cash at bank and in hand | 54/58 | €111,177 | €77,321 | -€33,856 | -30.5% |
| Deferred charges and accrued income | 490/1 | €6,542 | €6,500 | -€42 | -0.6% |
| Total equity and liabilities | 10/49 | €320,188 | €288,911 | -€31,276 | -9.8% |
| Equity | 10/15 | -€18,078 | -€22,886 | -€4,808 | -26.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,078 | -€23,886 | -€4,808 | -25.2% |
| Amounts payable | 17/49 | €338,265 | €311,797 | -€26,468 | -7.8% |
| Amounts payable within one year | 42/48 | €338,265 | €311,797 | -€26,468 | -7.8% |
| Trade debts | 44 | €19,745 | €154,161 | +€134,416 | +681% |
| Suppliers | 440/4 | €19,745 | €154,161 | +€134,416 | +681% |
| Taxes, remuneration and social security | 45 | €7,531 | €15,310 | +€7,779 | +103% |
| Taxes | 450/3 | €7,531 | €15,310 | +€7,779 | +103% |
| Other amounts payable | 47/48 | €310,990 | €142,326 | -€168,664 | -54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,910 | €4,175 | +€265 | +6.8% |
| Other operating charges | 640/8 | - | €2,768 | +€2,768 | |
| Gross operating margin | 9900 | -€23,018 | €10,482 | +€33,500 | |
| Operating profit (loss) | 9901 | -€26,928 | €3,539 | +€30,467 | |
| Financial income | 75/76B | €16,376 | - | -€16,376 | |
| Recurring financial income | 75 | €16,376 | - | -€16,376 | |
| Financial charges | 65/66B | €1,454 | €593 | -€861 | -59.2% |
| Recurring financial charges | 65 | €1,454 | €593 | -€861 | -59.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,006 | €2,946 | +€14,952 | |
| Income taxes | 67/77 | €7,531 | €7,754 | +€223 | +3.0% |
| Profit (loss) for the period | 9904 | -€19,537 | -€4,808 | +€14,729 | +75.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,537 | -€4,808 | +€14,729 | +75.4% |
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 26 October 2026 via checked.be.