Grit Brands: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Grit Brands
Largest movements
- Cash -€22,568
down €22,568 (-40.5%), from €55,729 to €33,161
mainly Debts after one year (-€12,259) and Net result for the year (-€10,932)
- Receivables within one year +€9,885
up €9,885 (+43.0%), from €23,001 to €32,885
of which Other amounts receivable: +€6,496
- Tangible fixed assets -€7,330
down €7,330 (-45.7%), from €16,033 to €8,703
of which Furniture and vehicles: -€6,352
- Deferred charges and accrued income -€4,337
down €4,337 (-51.2%), from €8,472 to €4,135
- Intangible fixed assets -€1,568
down €1,568 (-19.0%), from €8,239 to €6,671
- Reserves -€12,598
down €12,598 (-16.6%), from €75,876 to €63,279
- Debts after one year -€12,259
down €12,259 (-92.2%), from €13,292 to €1,033
- Tax, wage and social debts -€1,307
down €1,307 (-32.4%), from €4,028 to €2,721
- Gross operating margin -€29,293
down €29,293 (-97.4%), from €30,087 to €793
- Depreciation -€6,616
down €6,616 (-42.6%), from €15,514 to €8,898
- Taxes -€4,109
down €4,109 (-88.3%), from €4,655 to €546
- Financial charges -€2,557
down €2,557 (-80.3%), from €3,185 to €628
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,765 | €86,792 | -€25,973 | -23.0% |
| Fixed assets | 21/28 | €24,272 | €15,374 | -€8,898 | -36.7% |
| Intangible fixed assets | 21 | €8,239 | €6,671 | -€1,568 | -19.0% |
| Tangible fixed assets | 22/27 | €16,033 | €8,703 | -€7,330 | -45.7% |
| Plant, machinery and equipment | 23 | €3,339 | €2,361 | -€978 | -29.3% |
| Furniture and vehicles | 24 | €12,694 | €6,342 | -€6,352 | -50.0% |
| Current assets | 29/58 | €88,493 | €71,418 | -€17,075 | -19.3% |
| Stocks and contracts in progress | 3 | €1,292 | €1,237 | -€55 | -4.2% |
| Stocks | 30/36 | €1,292 | €1,237 | -€55 | -4.2% |
| Amounts receivable within one year | 40/41 | €23,001 | €32,885 | +€9,885 | +43.0% |
| Trade receivables | 40 | €14,398 | €17,787 | +€3,389 | +23.5% |
| Other amounts receivable | 41 | €8,603 | €15,098 | +€6,496 | +75.5% |
| Cash at bank and in hand | 54/58 | €55,729 | €33,161 | -€22,568 | -40.5% |
| Deferred charges and accrued income | 490/1 | €8,472 | €4,135 | -€4,337 | -51.2% |
| Total equity and liabilities | 10/49 | €112,765 | €86,792 | -€25,973 | -23.0% |
| Equity | 10/15 | €81,376 | €68,779 | -€12,598 | -15.5% |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Reserves | 13 | €75,876 | €63,279 | -€12,598 | -16.6% |
| Distributable reserves | 133 | €75,876 | €63,279 | -€12,598 | -16.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,389 | €18,013 | -€13,376 | -42.6% |
| Amounts payable after more than one year | 17 | €13,292 | €1,033 | -€12,259 | -92.2% |
| Financial debts | 170/4 | €13,292 | €1,033 | -€12,259 | -92.2% |
| Amounts payable within one year | 42/48 | €18,072 | €16,981 | -€1,091 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €12,016 | €12,259 | +€244 | +2.0% |
| Financial debts | 43 | €39 | €19 | -€20 | -50.9% |
| Credit institutions | 430/8 | €39 | €19 | -€20 | -50.9% |
| Trade debts | 44 | €683 | €815 | +€132 | +19.3% |
| Suppliers | 440/4 | €683 | €815 | +€132 | +19.3% |
| Taxes, remuneration and social security | 45 | €4,028 | €2,721 | -€1,307 | -32.4% |
| Taxes | 450/3 | €4,028 | €2,721 | -€1,307 | -32.4% |
| Other amounts payable | 47/48 | €1,306 | €1,166 | -€140 | -10.7% |
| Accrued charges and deferred income | 492/3 | €25 | €0 | -€25 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,514 | €8,898 | -€6,616 | -42.6% |
| Other operating charges | 640/8 | €1,433 | €1,653 | +€220 | +15.4% |
| Gross operating margin | 9900 | €30,087 | €793 | -€29,293 | -97.4% |
| Operating profit (loss) | 9901 | €13,140 | -€9,757 | -€22,898 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €3,185 | €628 | -€2,557 | -80.3% |
| Recurring financial charges | 65 | €3,185 | €628 | -€2,557 | -80.3% |
| Profit (loss) for the period before taxes | 9903 | €9,956 | -€10,385 | -€20,341 | |
| Income taxes | 67/77 | €4,655 | €546 | -€4,109 | -88.3% |
| Profit (loss) for the period | 9904 | €5,301 | -€10,932 | -€16,232 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,301 | -€10,932 | -€16,232 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.