GROSSAR: 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.
GROSSAR
Largest movements
- Cash -€58,538
down €58,538 (-70.0%), from €83,648 to €25,110
mainly Current portion of long-term debt (-€42,167) and Net result for the year (-€40,731)
- Receivables within one year +€28,910
up €28,910 (+62.5%), from €46,292 to €75,202
of which Trade receivables: +€40,043
- Tangible fixed assets -€25,315
down €25,315 (-1.3%), from €1.9m to €1.9m
of which Plant, machinery and equipment: -€19,357
- Current portion of long-term debt -€42,167
no longer reported in 2025 (was €42,167)
- Profit (loss) carried forward -€40,731
down €40,731 (-37.0%), from -€110,034 to -€150,765
- Gross operating margin -€68,435
down €68,435 (-73.2%), from €93,517 to €25,082
- Depreciation -€10,025
down €10,025 (-14.3%), from €70,093 to €60,068
- Other operating charges -€7,340
down €7,340 (-68.4%), from €10,726 to €3,386
- Financial charges +€2,040
up €2,040 (+166%), from €1,229 to €3,269
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 | €2,086,597 | €2,031,654 | -€54,944 | -2.6% |
| Fixed assets | 21/28 | €1,889,238 | €1,863,922 | -€25,315 | -1.3% |
| Tangible fixed assets | 22/27 | €1,889,238 | €1,863,922 | -€25,315 | -1.3% |
| Land and buildings | 22 | €1,620,563 | €1,614,115 | -€6,448 | -0.4% |
| Plant, machinery and equipment | 23 | €166,691 | €147,334 | -€19,357 | -11.6% |
| Furniture and vehicles | 24 | €101,984 | €102,473 | +€489 | +0.5% |
| Current assets | 29/58 | €197,360 | €167,731 | -€29,628 | -15.0% |
| Stocks and contracts in progress | 3 | €66,865 | €66,865 | = | 0.0% |
| Stocks | 30/36 | €66,865 | €66,865 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,292 | €75,202 | +€28,910 | +62.5% |
| Trade receivables | 40 | €33,937 | €73,981 | +€40,043 | +118% |
| Other amounts receivable | 41 | €12,355 | €1,221 | -€11,134 | -90.1% |
| Current investments | 50/53 | €554 | €554 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €83,648 | €25,110 | -€58,538 | -70.0% |
| Total equity and liabilities | 10/49 | €2,086,597 | €2,031,654 | -€54,944 | -2.6% |
| Equity | 10/15 | €1,646,807 | €1,606,076 | -€40,731 | -2.5% |
| Contributions | 10/11 | €1,756,000 | €1,756,000 | = | 0.0% |
| Capital | 10 | €1,756,000 | €1,756,000 | = | 0.0% |
| Issued capital | 100 | €1,756,000 | €1,756,000 | = | 0.0% |
| Reserves | 13 | €841 | €841 | = | 0.0% |
| Non-distributable reserves | 130/1 | €841 | €841 | = | 0.0% |
| Legal reserve | 130 | €841 | €841 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,034 | -€150,765 | -€40,731 | -37.0% |
| Amounts payable | 17/49 | €439,791 | €425,578 | -€14,213 | -3.2% |
| Amounts payable within one year | 42/48 | €439,791 | €425,578 | -€14,213 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €42,167 | - | -€42,167 | |
| Trade debts | 44 | - | €17,551 | +€17,551 | |
| Suppliers | 440/4 | - | €17,551 | +€17,551 | |
| Other amounts payable | 47/48 | €397,624 | €408,028 | +€10,404 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,093 | €60,068 | -€10,025 | -14.3% |
| Other operating charges | 640/8 | €10,726 | €3,386 | -€7,340 | -68.4% |
| Gross operating margin | 9900 | €93,517 | €25,082 | -€68,435 | -73.2% |
| Operating profit (loss) | 9901 | €12,698 | -€38,372 | -€51,070 | |
| Financial income | 75/76B | €485 | €986 | +€502 | +103% |
| Recurring financial income | 75 | €485 | €986 | +€502 | +103% |
| Financial charges | 65/66B | €1,229 | €3,269 | +€2,040 | +166% |
| Recurring financial charges | 65 | €1,229 | €3,269 | +€2,040 | +166% |
| Profit (loss) for the period before taxes | 9903 | €11,954 | -€40,654 | -€52,608 | |
| Income taxes | 67/77 | €36 | €77 | +€40 | +112% |
| Profit (loss) for the period | 9904 | €11,918 | -€40,731 | -€52,649 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,918 | -€40,731 | -€52,649 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.