GRL SERVICES: what changed
Two fiscal 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.
GRL SERVICES
Largest movements
- Receivables within one year -€13,834
down €13,834 (-90.4%), from €15,305 to €1,471
of which Trade receivables: -€9,090
- Cash -€2,132
down €2,132 (-61.2%), from €3,485 to €1,353
mainly Trade debts (-€12,153) and Net result for the year (-€3,511)
- Trade debts -€12,153
no longer reported in 2023 (was €12,153)
- Profit (loss) carried forward -€3,511
down €3,511, from €1,809 to -€1,702
- Tax, wage and social debts -€855
no longer reported in 2023 (was €855)
- Other debts +€554
up €554 (+28.1%), from €1,972 to €2,526
- Gross operating margin -€6,130
down €6,130, from €3,070 to -€3,060
- Taxes -€855
no longer reported in 2023 (was €855)
- Financial charges +€45
up €45 (+77.9%), from €58 to €104
From the 2022 result to the 2023 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,790 | €2,825 | -€15,966 | -85.0% |
| Current assets | 29/58 | €18,790 | €2,825 | -€15,966 | -85.0% |
| Amounts receivable within one year | 40/41 | €15,305 | €1,471 | -€13,834 | -90.4% |
| Trade receivables | 40 | €10,015 | €925 | -€9,090 | -90.8% |
| Other amounts receivable | 41 | €5,291 | €546 | -€4,744 | -89.7% |
| Cash at bank and in hand | 54/58 | €3,485 | €1,353 | -€2,132 | -61.2% |
| Total equity and liabilities | 10/49 | €18,790 | €2,825 | -€15,966 | -85.0% |
| Equity | 10/15 | €3,809 | €298 | -€3,511 | -92.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,809 | -€1,702 | -€3,511 | |
| Amounts payable | 17/49 | €14,981 | €2,526 | -€12,455 | -83.1% |
| Amounts payable within one year | 42/48 | €14,981 | €2,526 | -€12,455 | -83.1% |
| Trade debts | 44 | €12,153 | - | -€12,153 | |
| Suppliers | 440/4 | €12,153 | - | -€12,153 | |
| Taxes, remuneration and social security | 45 | €855 | - | -€855 | |
| Taxes | 450/3 | €855 | - | -€855 | |
| Other amounts payable | 47/48 | €1,972 | €2,526 | +€554 | +28.1% |
| Other operating charges | 640/8 | €348 | €348 | = | 0.0% |
| Gross operating margin | 9900 | €3,070 | -€3,060 | -€6,130 | |
| Operating profit (loss) | 9901 | €2,723 | -€3,407 | -€6,130 | |
| Financial charges | 65/66B | €58 | €104 | +€45 | +77.9% |
| Recurring financial charges | 65 | €58 | €104 | +€45 | +77.9% |
| Profit (loss) for the period before taxes | 9903 | €2,665 | -€3,511 | -€6,175 | |
| Income taxes | 67/77 | €855 | - | -€855 | |
| Profit (loss) for the period | 9904 | €1,809 | -€3,511 | -€5,320 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,809 | -€3,511 | -€5,320 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2022 and 31 March 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.