Grow&Lead Advisory: 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.
Grow&Lead Advisory
Largest movements
- Cash +€19,478
up €19,478 (+30.5%), from €63,795 to €83,272
mainly Net result for the year (+€31,135) and Depreciation (+€1,274)
- Tangible fixed assets +€1,642
up €1,642 (+56.9%), from €2,883 to €4,525
- Reserves +€31,135
up €31,135 (+79.6%), from €39,123 to €70,258
- Tax, wage and social debts -€9,838
down €9,838 (-54.3%), from €18,110 to €8,271
- Gross operating margin -€9,833
down €9,833 (-19.4%), from €50,786 to €40,953
- Taxes -€2,027
down €2,027 (-19.7%), from €10,298 to €8,271
- Depreciation +€1,157
up €1,157 (+991%), from €117 to €1,274
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 | €67,475 | €88,012 | +€20,537 | +30.4% |
| Fixed assets | 21/28 | €2,883 | €4,525 | +€1,642 | +56.9% |
| Tangible fixed assets | 22/27 | €2,883 | €4,525 | +€1,642 | +56.9% |
| Furniture and vehicles | 24 | €2,883 | €4,525 | +€1,642 | +56.9% |
| Current assets | 29/58 | €64,592 | €83,487 | +€18,895 | +29.3% |
| Amounts receivable within one year | 40/41 | €101 | €214 | +€113 | +112% |
| Other amounts receivable | 41 | €101 | €214 | +€113 | +112% |
| Cash at bank and in hand | 54/58 | €63,795 | €83,272 | +€19,478 | +30.5% |
| Deferred charges and accrued income | 490/1 | €696 | - | -€696 | |
| Total equity and liabilities | 10/49 | €67,475 | €88,012 | +€20,537 | +30.4% |
| Equity | 10/15 | €42,123 | €73,258 | +€31,135 | +73.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €39,123 | €70,258 | +€31,135 | +79.6% |
| Distributable reserves | 133 | €39,123 | €70,258 | +€31,135 | +79.6% |
| Amounts payable | 17/49 | €25,352 | €14,754 | -€10,598 | -41.8% |
| Amounts payable within one year | 42/48 | €25,352 | €14,754 | -€10,598 | -41.8% |
| Trade debts | 44 | €841 | €472 | -€368 | -43.8% |
| Suppliers | 440/4 | €841 | €472 | -€368 | -43.8% |
| Taxes, remuneration and social security | 45 | €18,110 | €8,271 | -€9,838 | -54.3% |
| Taxes | 450/3 | €18,110 | €8,271 | -€9,838 | -54.3% |
| Other amounts payable | 47/48 | €6,401 | €6,011 | -€391 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117 | €1,274 | +€1,157 | +991% |
| Other operating charges | 640/8 | €345 | €233 | -€113 | -32.6% |
| Gross operating margin | 9900 | €50,786 | €40,953 | -€9,833 | -19.4% |
| Operating profit (loss) | 9901 | €50,324 | €39,447 | -€10,877 | -21.6% |
| Financial charges | 65/66B | €43 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €43 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €50,280 | €39,406 | -€10,874 | -21.6% |
| Income taxes | 67/77 | €10,298 | €8,271 | -€2,027 | -19.7% |
| Profit (loss) for the period | 9904 | €39,982 | €31,135 | -€8,847 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,982 | €31,135 | -€8,847 | -22.1% |
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 27 October 2026 via checked.be.