GrizzlyLab: 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.
GrizzlyLab
Largest movements
- Cash +€42,180
up €42,180 (+82.8%), from €50,952 to €93,132
mainly Net result for the year (+€52,419) and Other debts (+€17,000)
- Receivables within one year +€8,127
up €8,127 (+33.6%), from €24,182 to €32,309
of which Trade receivables: +€14,847
- Other debts +€17,000
up €17,000 (+200%), from €8,500 to €25,500
- Tax, wage and social debts +€12,421
up €12,421 (+83.9%), from €14,806 to €27,227
- Profit (loss) carried forward +€12,419
up €12,419 (+60.6%), from €20,480 to €32,899
- Reserves +€10,000
up €10,000 (+32.4%), from €30,830 to €40,830
of which Distributable reserves: +€10,000
- Gross operating margin +€16,053
up €16,053 (+30.0%), from €53,452 to €69,505
- Taxes +€3,226
up €3,226 (+27.8%), from €11,600 to €14,826
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 | €81,852 | €132,702 | +€50,850 | +62.1% |
| Fixed assets | 21/28 | €5,287 | €5,713 | +€426 | +8.1% |
| Tangible fixed assets | 22/27 | €5,287 | €5,713 | +€426 | +8.1% |
| Furniture and vehicles | 24 | €789 | €2,224 | +€1,435 | +182% |
| Other tangible fixed assets | 26 | €4,498 | €3,489 | -€1,009 | -22.4% |
| Current assets | 29/58 | €76,565 | €126,989 | +€50,424 | +65.9% |
| Amounts receivable within one year | 40/41 | €24,182 | €32,309 | +€8,127 | +33.6% |
| Trade receivables | 40 | €13,776 | €28,623 | +€14,847 | +108% |
| Other amounts receivable | 41 | €10,406 | €3,686 | -€6,720 | -64.6% |
| Cash at bank and in hand | 54/58 | €50,952 | €93,132 | +€42,180 | +82.8% |
| Deferred charges and accrued income | 490/1 | €1,431 | €1,548 | +€117 | +8.2% |
| Total equity and liabilities | 10/49 | €81,852 | €132,702 | +€50,850 | +62.1% |
| Equity | 10/15 | €57,510 | €79,929 | +€22,419 | +39.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,830 | €40,830 | +€10,000 | +32.4% |
| Tax-exempt reserves | 132 | €4,330 | €4,330 | = | 0.0% |
| Distributable reserves | 133 | €26,500 | €36,500 | +€10,000 | +37.7% |
| Profit (loss) carried forward | 14 | €20,480 | €32,899 | +€12,419 | +60.6% |
| Amounts payable | 17/49 | €24,342 | €52,773 | +€28,431 | +117% |
| Amounts payable within one year | 42/48 | €24,342 | €52,773 | +€28,431 | +117% |
| Trade debts | 44 | €1,036 | €46 | -€990 | -95.6% |
| Suppliers | 440/4 | €1,036 | €46 | -€990 | -95.6% |
| Taxes, remuneration and social security | 45 | €14,806 | €27,227 | +€12,421 | +83.9% |
| Taxes | 450/3 | €14,806 | €27,227 | +€12,421 | +83.9% |
| Other amounts payable | 47/48 | €8,500 | €25,500 | +€17,000 | +200% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,746 | €2,069 | +€323 | +18.5% |
| Other operating charges | 640/8 | €887 | €501 | -€386 | -43.5% |
| Gross operating margin | 9900 | €53,452 | €69,505 | +€16,053 | +30.0% |
| Operating profit (loss) | 9901 | €50,819 | €66,935 | +€16,116 | +31.7% |
| Financial income | 75/76B | €501 | €382 | -€119 | -23.8% |
| Recurring financial income | 75 | €501 | €382 | -€119 | -23.8% |
| Financial charges | 65/66B | €110 | €72 | -€38 | -34.5% |
| Recurring financial charges | 65 | €110 | €72 | -€38 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €51,210 | €67,245 | +€16,035 | +31.3% |
| Income taxes | 67/77 | €11,600 | €14,826 | +€3,226 | +27.8% |
| Profit (loss) for the period | 9904 | €39,610 | €52,419 | +€12,809 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,610 | €52,419 | +€12,809 | +32.3% |
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 26 October 2026 via checked.be.