Johan Van Grieken: what changed
Johan Van Grieken
Largest movements
- Current investments +€162,305
up €162,305 (+12.5%), from €1.3m to €1.5m
- Cash +€160,702
up €160,702 (+28.7%), from €560,224 to €720,926
mainly Net result for the year (+€448,320) and Short-term financial debts (+€39,850)
- Receivables within one year +€124,409
up €124,409 (+17.0%), from €730,575 to €854,984
of which Other amounts receivable: +€121,025
- Reserves +€448,320
up €448,320 (+22.8%), from €2.0m to €2.4m
- Tax, wage and social debts -€48,366
down €48,366 (-94.2%), from €51,355 to €2,989
- Short-term financial debts +€39,850
up €39,850 (+8.6%), from €461,417 to €501,267
- Financial charges +€40,068
up €40,068 (+140%), from €28,658 to €68,725
- Gross operating margin +€31,359
up €31,359 (+5.1%), from €618,116 to €649,474
- Taxes +€8,489
up €8,489 (+4.1%), from €204,866 to €213,355
- Financial income +€7,576
up €7,576 (+10.2%), from €74,543 to €82,120
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,614,515 | €3,059,211 | +€444,696 | +17.0% |
| Current assets | 29/58 | €2,614,515 | €3,059,211 | +€444,696 | +17.0% |
| Amounts receivable within one year | 40/41 | €730,575 | €854,984 | +€124,409 | +17.0% |
| Trade receivables | 40 | €0 | €3,384 | +€3,384 | |
| Other amounts receivable | 41 | €730,575 | €851,600 | +€121,025 | +16.6% |
| Current investments | 50/53 | €1,300,967 | €1,463,272 | +€162,305 | +12.5% |
| Cash at bank and in hand | 54/58 | €560,224 | €720,926 | +€160,702 | +28.7% |
| Deferred charges and accrued income | 490/1 | €22,749 | €20,028 | -€2,720 | -12.0% |
| Total equity and liabilities | 10/49 | €2,614,515 | €3,059,211 | +€444,696 | +17.0% |
| Equity | 10/15 | €2,067,052 | €2,515,373 | +€448,320 | +21.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,967,052 | €2,415,373 | +€448,320 | +22.8% |
| Distributable reserves | 133 | €1,967,052 | €2,415,373 | +€448,320 | +22.8% |
| Amounts payable | 17/49 | €547,463 | €543,838 | -€3,625 | -0.7% |
| Amounts payable within one year | 42/48 | €520,245 | €515,823 | -€4,422 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €461,417 | €501,267 | +€39,850 | +8.6% |
| Other loans | 439 | €461,417 | €501,267 | +€39,850 | +8.6% |
| Trade debts | 44 | €2,068 | €3,778 | +€1,710 | +82.7% |
| Suppliers | 440/4 | €2,068 | €3,778 | +€1,710 | +82.7% |
| Taxes, remuneration and social security | 45 | €51,355 | €2,989 | -€48,366 | -94.2% |
| Taxes | 450/3 | €51,355 | €2,989 | -€48,366 | -94.2% |
| Other amounts payable | 47/48 | €5,406 | €7,790 | +€2,384 | +44.1% |
| Accrued charges and deferred income | 492/3 | €27,218 | €28,015 | +€798 | +2.9% |
| Other operating charges | 640/8 | €1,156 | €1,193 | +€38 | +3.3% |
| Gross operating margin | 9900 | €618,116 | €649,474 | +€31,359 | +5.1% |
| Operating profit (loss) | 9901 | €616,960 | €648,281 | +€31,321 | +5.1% |
| Financial income | 75/76B | €74,543 | €82,120 | +€7,576 | +10.2% |
| Recurring financial income | 75 | €74,543 | €82,120 | +€7,576 | +10.2% |
| Financial charges | 65/66B | €28,658 | €68,725 | +€40,068 | +140% |
| Recurring financial charges | 65 | €28,658 | €68,725 | +€40,068 | +140% |
| Profit (loss) for the period before taxes | 9903 | €662,846 | €661,675 | -€1,171 | -0.2% |
| Income taxes | 67/77 | €204,866 | €213,355 | +€8,489 | +4.1% |
| Profit (loss) for the period | 9904 | €457,980 | €448,320 | -€9,660 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €457,980 | €448,320 | -€9,660 | -2.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.