GRYMMTECH: 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.
GRYMMTECH
Largest movements
- Tangible fixed assets +€20,997
up €20,997 (+106.4%), from €19,741 to €40,738
of which Land and buildings: +€15,606
- Cash +€10,770
up €10,770 (+41.3%), from €26,093 to €36,863
mainly Net result for the year (+€43,080) and Depreciation (+€9,644)
- Receivables within one year +€9,898
up €9,898 (+26.7%), from €37,137 to €47,036
of which Other amounts receivable: +€15,501
- Reserves +€43,080
up €43,080 (+78.1%), from €55,186 to €98,266
- Tax, wage and social debts +€3,314
up €3,314 (+33.1%), from €10,019 to €13,333
- Trade debts -€2,679
down €2,679 (-25.0%), from €10,716 to €8,037
- Other debts -€2,050
no longer reported in 2025 (was €2,050)
- Financial charges -€22,511
down €22,511 (-94.5%), from €23,827 to €1,316
- Financial income +€13,759
up €13,759 (+6095.9%), from €226 to €13,985
- Gross operating margin -€10,308
down €10,308 (-14.7%), from €70,273 to €59,965
- Depreciation +€3,907
up €3,907 (+68.1%), from €5,737 to €9,644
- Staff costs +€3,069
up €3,069 (+122.0%), from €2,516 to €5,585
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 | €82,971 | €124,636 | +€41,666 | +50.2% |
| Fixed assets | 21/28 | €19,741 | €40,738 | +€20,997 | +106.4% |
| Tangible fixed assets | 22/27 | €19,741 | €40,738 | +€20,997 | +106.4% |
| Land and buildings | 22 | €2,175 | €17,781 | +€15,606 | +717.6% |
| Plant, machinery and equipment | 23 | €4,610 | €2,404 | -€2,206 | -47.9% |
| Furniture and vehicles | 24 | €8,134 | €15,731 | +€7,597 | +93.4% |
| Assets under construction and advance payments | 27 | €4,821 | €4,821 | = | 0.0% |
| Current assets | 29/58 | €63,230 | €83,899 | +€20,668 | +32.7% |
| Amounts receivable within one year | 40/41 | €37,137 | €47,036 | +€9,898 | +26.7% |
| Trade receivables | 40 | €20,170 | €14,568 | -€5,602 | -27.8% |
| Other amounts receivable | 41 | €16,967 | €32,468 | +€15,501 | +91.4% |
| Cash at bank and in hand | 54/58 | €26,093 | €36,863 | +€10,770 | +41.3% |
| Total equity and liabilities | 10/49 | €82,971 | €124,636 | +€41,666 | +50.2% |
| Equity | 10/15 | €60,186 | €103,266 | +€43,080 | +71.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €55,186 | €98,266 | +€43,080 | +78.1% |
| Distributable reserves | 133 | €55,186 | €98,266 | +€43,080 | +78.1% |
| Amounts payable | 17/49 | €22,785 | €21,370 | -€1,415 | -6.2% |
| Amounts payable within one year | 42/48 | €22,785 | €21,370 | -€1,415 | -6.2% |
| Trade debts | 44 | €10,716 | €8,037 | -€2,679 | -25.0% |
| Suppliers | 440/4 | €10,716 | €8,037 | -€2,679 | -25.0% |
| Taxes, remuneration and social security | 45 | €10,019 | €13,333 | +€3,314 | +33.1% |
| Taxes | 450/3 | €10,019 | €13,333 | +€3,314 | +33.1% |
| Other amounts payable | 47/48 | €2,050 | - | -€2,050 | |
| Remuneration, social security and pensions | 62 | €2,516 | €5,585 | +€3,069 | +122.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,737 | €9,644 | +€3,907 | +68.1% |
| Other operating charges | 640/8 | €1,198 | €1,222 | +€24 | +2.0% |
| Gross operating margin | 9900 | €70,273 | €59,965 | -€10,308 | -14.7% |
| Operating profit (loss) | 9901 | €60,822 | €43,515 | -€17,307 | -28.5% |
| Financial income | 75/76B | €226 | €13,985 | +€13,759 | +6095.9% |
| Recurring financial income | 75 | €226 | €13,985 | +€13,759 | +6095.9% |
| Financial charges | 65/66B | €23,827 | €1,316 | -€22,511 | -94.5% |
| Recurring financial charges | 65 | €23,827 | €1,316 | -€22,511 | -94.5% |
| Profit (loss) for the period before taxes | 9903 | €37,221 | €56,183 | +€18,963 | +50.9% |
| Income taxes | 67/77 | €11,169 | €13,103 | +€1,934 | +17.3% |
| Profit (loss) for the period | 9904 | €26,052 | €43,080 | +€17,029 | +65.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,052 | €43,080 | +€17,029 | +65.4% |
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 6 October 2026 via checked.be.