GRIT Services: 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 Services
Largest movements
- Tangible fixed assets +€5,635
up €5,635 (+332%), from €1,697 to €7,332
- Cash -€1,069
down €1,069 (-2.1%), from €50,680 to €49,611
mainly Contributions, distributions and other (-€40,523) and Investment in fixed assets (net) (-€7,501)
- Other debts +€8,998
up €8,998 (+28.5%), from €31,526 to €40,523
- Profit (loss) carried forward -€6,500
no longer reported in 2025 (was €6,500)
- Tax, wage and social debts +€3,745
up €3,745 (+132%), from €2,841 to €6,585
- Trade debts -€985
down €985 (-21.6%), from €4,571 to €3,585
- Depreciation +€488
up €488 (+35.4%), from €1,378 to €1,866
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 | €66,055 | €71,221 | +€5,166 | +7.8% |
| Fixed assets | 21/28 | €1,697 | €7,332 | +€5,635 | +332% |
| Tangible fixed assets | 22/27 | €1,697 | €7,332 | +€5,635 | +332% |
| Furniture and vehicles | 24 | €1,697 | €7,332 | +€5,635 | +332% |
| Current assets | 29/58 | €64,358 | €63,889 | -€469 | -0.7% |
| Amounts receivable within one year | 40/41 | €11,930 | €12,581 | +€650 | +5.5% |
| Trade receivables | 40 | €11,930 | €12,581 | +€650 | +5.5% |
| Cash at bank and in hand | 54/58 | €50,680 | €49,611 | -€1,069 | -2.1% |
| Deferred charges and accrued income | 490/1 | €1,748 | €1,697 | -€51 | -2.9% |
| Total equity and liabilities | 10/49 | €66,055 | €71,221 | +€5,166 | +7.8% |
| Equity | 10/15 | €26,960 | €20,460 | -€6,500 | -24.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,500 | - | -€6,500 | |
| Amounts payable | 17/49 | €39,095 | €50,761 | +€11,666 | +29.8% |
| Amounts payable within one year | 42/48 | €38,937 | €50,694 | +€11,757 | +30.2% |
| Trade debts | 44 | €4,571 | €3,585 | -€985 | -21.6% |
| Suppliers | 440/4 | €4,571 | €3,585 | -€985 | -21.6% |
| Taxes, remuneration and social security | 45 | €2,841 | €6,585 | +€3,745 | +132% |
| Taxes | 450/3 | €2,841 | €6,585 | +€3,745 | +132% |
| Other amounts payable | 47/48 | €31,526 | €40,523 | +€8,998 | +28.5% |
| Accrued charges and deferred income | 492/3 | €158 | €67 | -€91 | -57.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,378 | €1,866 | +€488 | +35.4% |
| Other operating charges | 640/8 | €244 | €245 | +€1 | +0.3% |
| Gross operating margin | 9900 | €45,043 | €44,867 | -€175 | -0.4% |
| Operating profit (loss) | 9901 | €43,420 | €42,757 | -€663 | -1.5% |
| Financial income | 75/76B | €182 | €30 | -€152 | -83.8% |
| Recurring financial income | 75 | €182 | €30 | -€152 | -83.8% |
| Financial charges | 65/66B | €413 | €203 | -€210 | -50.8% |
| Recurring financial charges | 65 | €413 | €203 | -€210 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €43,190 | €42,584 | -€606 | -1.4% |
| Income taxes | 67/77 | €8,664 | €8,560 | -€104 | -1.2% |
| Profit (loss) for the period | 9904 | €34,526 | €34,023 | -€502 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,526 | €34,023 | -€502 | -1.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.