GRS NETWORK: 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.
GRS NETWORK
Largest movements
- Receivables within one year -€1,810
down €1,810 (-8.1%), from €22,450 to €20,640
- Deferred charges and accrued income +€1,200
new in 2025: €1,200
- Trade debts -€783
no longer reported in 2025 (was €783)
- Profit (loss) carried forward +€589
up €589 (+69.6%), from €847 to €1,436
- Other debts -€384
no longer reported in 2025 (was €384)
- Financial income -€133
down €133 (-10.0%), from €1,333 to €1,200
- Other operating charges +€16
new in 2025: €16
- Financial charges +€13
up €13 (+8.4%), from €153 to €166
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 | €22,474 | €21,896 | -€578 | -2.6% |
| Current assets | 29/58 | €22,474 | €21,896 | -€578 | -2.6% |
| Amounts receivable within one year | 40/41 | €22,450 | €20,640 | -€1,810 | -8.1% |
| Other amounts receivable | 41 | €22,450 | €20,640 | -€1,810 | -8.1% |
| Cash at bank and in hand | 54/58 | €24 | €56 | +€32 | +135% |
| Deferred charges and accrued income | 490/1 | - | €1,200 | +€1,200 | |
| Total equity and liabilities | 10/49 | €22,474 | €21,896 | -€578 | -2.6% |
| Equity | 10/15 | €21,307 | €21,896 | +€589 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €847 | €1,436 | +€589 | +69.6% |
| Amounts payable | 17/49 | €1,167 | - | -€1,167 | |
| Amounts payable within one year | 42/48 | €1,167 | - | -€1,167 | |
| Trade debts | 44 | €783 | - | -€783 | |
| Suppliers | 440/4 | €783 | - | -€783 | |
| Other amounts payable | 47/48 | €384 | - | -€384 | |
| Other operating charges | 640/8 | - | €16 | +€16 | |
| Gross operating margin | 9900 | -€427 | -€429 | -€2 | -0.4% |
| Operating profit (loss) | 9901 | -€427 | -€445 | -€18 | -4.2% |
| Financial income | 75/76B | €1,333 | €1,200 | -€133 | -10.0% |
| Recurring financial income | 75 | €1,333 | €1,200 | -€133 | -10.0% |
| Financial charges | 65/66B | €153 | €166 | +€13 | +8.4% |
| Recurring financial charges | 65 | €153 | €166 | +€13 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €753 | €589 | -€164 | -21.8% |
| Profit (loss) for the period | 9904 | €753 | €589 | -€164 | -21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €753 | €589 | -€164 | -21.8% |
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 15 October 2026 via checked.be.