GRP SA - GESTION, RATIONALISATION ET PLANIFICATION: 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.
GRP SA - GESTION, RATIONALISATION ET PLANIFICATION
Largest movements
- Cash +€33,956
up €33,956 (+31.4%), from €108,153 to €142,109
mainly Other debts (+€114,808) and Net result for the year (+€28,783)
- Receivables within one year +€12,653
up €12,653 (+587%), from €2,155 to €14,808
of which Other amounts receivable: +€12,653
- Tangible fixed assets -€11,780
down €11,780 (-15.5%), from €76,204 to €64,424
of which Land and buildings: -€6,781
- Other debts +€114,808
up €114,808, from €0 to €114,808
- Profit (loss) carried forward -€86,025
down €86,025 (-72.7%), from €118,311 to €32,287
- Tax, wage and social debts +€5,861
up €5,861, from €0 to €5,861
of which Taxes: +€5,861
- Gross operating margin +€18,235
up €18,235 (+43.0%), from €42,431 to €60,667
- Taxes +€5,861
new in 2025: €5,861
- Depreciation -€3,512
down €3,512 (-23.0%), from €15,291 to €11,780
- Financial charges +€1,822
up €1,822 (+1,179%), from €155 to €1,977
- Other operating charges +€699
up €699 (+6.0%), from €11,567 to €12,266
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 | €186,511 | €221,341 | +€34,829 | +18.7% |
| Fixed assets | 21/28 | €76,204 | €64,424 | -€11,780 | -15.5% |
| Tangible fixed assets | 22/27 | €76,204 | €64,424 | -€11,780 | -15.5% |
| Land and buildings | 22 | €71,206 | €64,424 | -€6,781 | -9.5% |
| Plant, machinery and equipment | 23 | €4,998 | €0 | -€4,998 | -100% |
| Current assets | 29/58 | €110,307 | €156,916 | +€46,609 | +42.3% |
| Amounts receivable within one year | 40/41 | €2,155 | €14,808 | +€12,653 | +587% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,155 | €14,808 | +€12,653 | +587% |
| Cash at bank and in hand | 54/58 | €108,153 | €142,109 | +€33,956 | +31.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €186,511 | €221,341 | +€34,829 | +18.7% |
| Equity | 10/15 | €186,511 | €100,487 | -€86,025 | -46.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,311 | €32,287 | -€86,025 | -72.7% |
| Amounts payable | 17/49 | €0 | €120,854 | +€120,854 | |
| Amounts payable within one year | 42/48 | €0 | €120,854 | +€120,854 | |
| Trade debts | 44 | €0 | €185 | +€185 | |
| Suppliers | 440/4 | €0 | €185 | +€185 | |
| Taxes, remuneration and social security | 45 | €0 | €5,861 | +€5,861 | |
| Taxes | 450/3 | - | €5,861 | +€5,861 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €114,808 | +€114,808 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,291 | €11,780 | -€3,512 | -23.0% |
| Other operating charges | 640/8 | €11,567 | €12,266 | +€699 | +6.0% |
| Gross operating margin | 9900 | €42,431 | €60,667 | +€18,235 | +43.0% |
| Operating profit (loss) | 9901 | €15,573 | €36,621 | +€21,048 | +135% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €155 | €1,977 | +€1,822 | +1,179% |
| Recurring financial charges | 65 | €155 | €1,977 | +€1,822 | +1,179% |
| Profit (loss) for the period before taxes | 9903 | €15,419 | €34,644 | +€19,225 | +125% |
| Income taxes | 67/77 | - | €5,861 | +€5,861 | |
| Profit (loss) for the period | 9904 | €15,419 | €28,783 | +€13,364 | +86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,419 | €28,783 | +€13,364 | +86.7% |
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 28 October 2026 via checked.be.