GRowth: 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.
GRowth
Largest movements
- Current investments +€21,481
up €21,481 (+4.9%), from €439,353 to €460,834
- Receivables within one year +€12,135
up €12,135 (+288.9%), from €4,200 to €16,335
- Profit (loss) carried forward +€36,080
up €36,080 (+42.6%), from €84,727 to €120,807
- Financial income +€15,970
up €15,970 (+60.2%), from €26,527 to €42,497
- Gross operating margin +€705
up €705 (+16.1%), from -€4,373 to -€3,668
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Financial charges +€375
up €375 (+15.8%), from €2,374 to €2,749
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €586,941 | €623,317 | +€36,376 | +6.2% |
| Fixed assets | 21/28 | €8,400 | €8,400 | = | 0.0% |
| Financial fixed assets | 28 | €8,400 | €8,400 | = | 0.0% |
| Current assets | 29/58 | €578,541 | €614,917 | +€36,376 | +6.3% |
| Amounts receivable within one year | 40/41 | €4,200 | €16,335 | +€12,135 | +288.9% |
| Other amounts receivable | 41 | €4,200 | €16,335 | +€12,135 | +288.9% |
| Current investments | 50/53 | €439,353 | €460,834 | +€21,481 | +4.9% |
| Cash at bank and in hand | 54/58 | €134,987 | €137,748 | +€2,761 | +2.0% |
| Total equity and liabilities | 10/49 | €586,941 | €623,317 | +€36,376 | +6.2% |
| Equity | 10/15 | €184,727 | €220,807 | +€36,080 | +19.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,727 | €120,807 | +€36,080 | +42.6% |
| Amounts payable | 17/49 | €402,214 | €402,509 | +€296 | +0.1% |
| Amounts payable within one year | 42/48 | €402,214 | €402,509 | +€296 | +0.1% |
| Trade debts | 44 | €358 | €594 | +€236 | +65.8% |
| Suppliers | 440/4 | €358 | €594 | +€236 | +65.8% |
| Other amounts payable | 47/48 | €401,855 | €401,915 | +€60 | 0.0% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€4,373 | -€3,668 | +€705 | +16.1% |
| Operating profit (loss) | 9901 | -€4,760 | -€3,668 | +€1,093 | +23.0% |
| Financial income | 75/76B | €26,527 | €42,497 | +€15,970 | +60.2% |
| Recurring financial income | 75 | €26,527 | €42,497 | +€15,970 | +60.2% |
| Financial charges | 65/66B | €2,374 | €2,749 | +€375 | +15.8% |
| Recurring financial charges | 65 | €2,374 | €2,749 | +€375 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €19,393 | €36,080 | +€16,687 | +86.0% |
| Profit (loss) for the period | 9904 | €19,393 | €36,080 | +€16,687 | +86.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,393 | €36,080 | +€16,687 | +86.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.