GRIVAN: 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.
What changed
GRIVAN
NACE 47.210, Retail sale of fruit and vegetables
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,598
2024 · €8,326-€5,727
Equity
€137,658
2024 · €135,060+€2,598
Cash
€4,960
2024 · €5,765-€805
Balance sheet total
€440,412
2024 · €483,704-€43,292
Largest movements
Assets
- Tangible fixed assets -€46,087
down €46,087 (-10.4%), from €441,843 to €395,757
of which Land and buildings: -€44,489
Equity and liabilities
- Debts after one year -€31,037
down €31,037 (-13.8%), from €225,566 to €194,529
- Short-term financial debts -€5,000
down €5,000 (-62.5%), from €8,000 to €3,000
Income statement
- Staff costs +€7,564
up €7,564 (+17.8%), from €42,555 to €50,119
- Gross operating margin -€3,467
down €3,467 (-2.5%), from €139,159 to €135,692
- Financial charges -€2,884
down €2,884 (-15.9%), from €18,172 to €15,288
- Taxes -€2,420
down €2,420 (-66.5%), from €3,638 to €1,217
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.
Result 2024
€8,326
Gross operating margin
-€3,467
Staff costs
-€7,564
Depreciation
-€231
Other operating charges
-€115
Financial income
+€345
Financial charges
+€2,884
Taxes
+€2,420
Result 2025
€2,598
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.
From operations
+€57,419
Investment
-€17,592
Financing
-€40,632
Cash 2024
€5,765
From operations (derived)
+€57,419
Net result for the year
+€2,598
Depreciation
+€63,678
Receivables within one year
-€4,162
Deferred charges and accrued income
+€561
Trade debts
-€3,219
Tax, wage and social debts
+€2,338
Other debts
-€4,377
Investment (derived)
-€17,592
Investment in fixed assets (net)
-€17,592
Financing
-€40,632
Debts after one year
-€31,037
Current portion of long-term debt
-€4,595
Short-term financial debts
-€5,000
Cash 2025
€4,960
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €483,704 | €440,412 | -€43,292 | -9.0% |
| Fixed assets | 21/28 | €442,093 | €396,007 | -€46,087 | -10.4% |
| Tangible fixed assets | 22/27 | €441,843 | €395,757 | -€46,087 | -10.4% |
| Land and buildings | 22 | €387,176 | €342,687 | -€44,489 | -11.5% |
| Plant, machinery and equipment | 23 | €39,095 | €26,365 | -€12,730 | -32.6% |
| Furniture and vehicles | 24 | €15,572 | €26,704 | +€11,132 | +71.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €41,610 | €44,405 | +€2,795 | +6.7% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,624 | €15,785 | +€4,162 | +35.8% |
| Trade receivables | 40 | €1,146 | €1,313 | +€167 | +14.6% |
| Other amounts receivable | 41 | €10,478 | €14,472 | +€3,995 | +38.1% |
| Cash at bank and in hand | 54/58 | €5,765 | €4,960 | -€805 | -14.0% |
| Deferred charges and accrued income | 490/1 | €4,221 | €3,660 | -€561 | -13.3% |
| Total equity and liabilities | 10/49 | €483,704 | €440,412 | -€43,292 | -9.0% |
| Equity | 10/15 | €135,060 | €137,658 | +€2,598 | +1.9% |
| Contributions | 10/11 | €14,267 | €14,267 | = | 0.0% |
| Reserves | 13 | €120,793 | €123,391 | +€2,598 | +2.2% |
| Distributable reserves | 133 | €120,793 | €123,391 | +€2,598 | +2.2% |
| Amounts payable | 17/49 | €348,644 | €302,754 | -€45,890 | -13.2% |
| Amounts payable after more than one year | 17 | €225,566 | €194,529 | -€31,037 | -13.8% |
| Financial debts | 170/4 | €225,566 | €194,529 | -€31,037 | -13.8% |
| Amounts payable within one year | 42/48 | €123,077 | €108,225 | -€14,853 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €35,611 | €31,016 | -€4,595 | -12.9% |
| Financial debts | 43 | €8,000 | €3,000 | -€5,000 | -62.5% |
| Credit institutions | 430/8 | €8,000 | €3,000 | -€5,000 | -62.5% |
| Trade debts | 44 | €39,208 | €35,988 | -€3,219 | -8.2% |
| Suppliers | 440/4 | €39,208 | €35,988 | -€3,219 | -8.2% |
| Taxes, remuneration and social security | 45 | €2,046 | €4,384 | +€2,338 | +114.3% |
| Taxes | 450/3 | €1,293 | €1,403 | +€110 | +8.5% |
| Remuneration and social security | 454/9 | €753 | €2,982 | +€2,228 | +295.8% |
| Other amounts payable | 47/48 | €38,213 | €33,836 | -€4,377 | -11.5% |
| Remuneration, social security and pensions | 62 | €42,555 | €50,119 | +€7,564 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,447 | €63,678 | +€231 | +0.4% |
| Other operating charges | 640/8 | €3,061 | €3,176 | +€115 | +3.8% |
| Gross operating margin | 9900 | €139,159 | €135,692 | -€3,467 | -2.5% |
| Operating profit (loss) | 9901 | €30,096 | €18,720 | -€11,376 | -37.8% |
| Financial income | 75/76B | €39 | €384 | +€345 | +885.9% |
| Recurring financial income | 75 | €39 | €384 | +€345 | +885.9% |
| Financial charges | 65/66B | €18,172 | €15,288 | -€2,884 | -15.9% |
| Recurring financial charges | 65 | €18,172 | €15,288 | -€2,884 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €11,963 | €3,815 | -€8,148 | -68.1% |
| Income taxes | 67/77 | €3,638 | €1,217 | -€2,420 | -66.5% |
| Profit (loss) for the period | 9904 | €8,326 | €2,598 | -€5,727 | -68.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,326 | €2,598 | -€5,727 | -68.8% |
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 11 October 2026 via checked.be.