LA GRAPPA DA EDOARDO: 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.
LA GRAPPA DA EDOARDO
Largest movements
- Tangible fixed assets +€15,805
up €15,805 (+169%), from €9,329 to €25,134
of which Furniture and vehicles: +€16,979
- Receivables within one year +€784
up €784 (+26,140%), from €3 to €787
of which Other amounts receivable: +€787
- Other debts +€12,467
up €12,467 (+317%), from €3,934 to €16,401
- Reserves +€11,120
up €11,120 (+60.4%), from €18,408 to €29,528
- Trade debts -€2,441
down €2,441 (-92.7%), from €2,633 to €191
- Tax, wage and social debts -€2,169
down €2,169 (-18.3%), from €11,865 to €9,696
of which Taxes: -€1,715
- Accrued charges and deferred income -€1,578
no longer reported in 2025 (was €1,578)
- Gross operating margin +€4,362
up €4,362 (+4.4%), from €99,153 to €103,514
- Staff costs +€2,548
up €2,548 (+3.6%), from €70,328 to €72,876
- Other operating charges +€2,062
up €2,062 (+50.0%), from €4,121 to €6,182
- Depreciation +€1,993
up €1,993 (+42.6%), from €4,685 to €6,678
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 | €46,418 | €63,817 | +€17,398 | +37.5% |
| Fixed assets | 21/28 | €9,329 | €25,134 | +€15,805 | +169% |
| Tangible fixed assets | 22/27 | €9,329 | €25,134 | +€15,805 | +169% |
| Land and buildings | 22 | €4,964 | €3,674 | -€1,291 | -26.0% |
| Plant, machinery and equipment | 23 | €1,424 | €1,540 | +€117 | +8.2% |
| Furniture and vehicles | 24 | €2,941 | €19,920 | +€16,979 | +577% |
| Current assets | 29/58 | €37,090 | €38,683 | +€1,593 | +4.3% |
| Stocks and contracts in progress | 3 | €2,844 | €3,166 | +€322 | +11.3% |
| Stocks | 30/36 | €2,844 | €3,166 | +€322 | +11.3% |
| Amounts receivable within one year | 40/41 | €3 | €787 | +€784 | +26,140% |
| Trade receivables | 40 | €3 | - | -€3 | |
| Other amounts receivable | 41 | - | €787 | +€787 | |
| Cash at bank and in hand | 54/58 | €31,640 | €32,013 | +€372 | +1.2% |
| Deferred charges and accrued income | 490/1 | €2,602 | €2,717 | +€114 | +4.4% |
| Total equity and liabilities | 10/49 | €46,418 | €63,817 | +€17,398 | +37.5% |
| Equity | 10/15 | €26,408 | €37,528 | +€11,120 | +42.1% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €18,408 | €29,528 | +€11,120 | +60.4% |
| Distributable reserves | 133 | €18,408 | €29,528 | +€11,120 | +60.4% |
| Amounts payable | 17/49 | €20,011 | €26,289 | +€6,278 | +31.4% |
| Amounts payable within one year | 42/48 | €18,432 | €26,289 | +€7,857 | +42.6% |
| Trade debts | 44 | €2,633 | €191 | -€2,441 | -92.7% |
| Suppliers | 440/4 | €2,633 | €191 | -€2,441 | -92.7% |
| Taxes, remuneration and social security | 45 | €11,865 | €9,696 | -€2,169 | -18.3% |
| Taxes | 450/3 | €4,931 | €3,216 | -€1,715 | -34.8% |
| Remuneration and social security | 454/9 | €6,934 | €6,480 | -€454 | -6.5% |
| Other amounts payable | 47/48 | €3,934 | €16,401 | +€12,467 | +317% |
| Accrued charges and deferred income | 492/3 | €1,578 | - | -€1,578 | |
| Remuneration, social security and pensions | 62 | €70,328 | €72,876 | +€2,548 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,685 | €6,678 | +€1,993 | +42.6% |
| Other operating charges | 640/8 | €4,121 | €6,182 | +€2,062 | +50.0% |
| Gross operating margin | 9900 | €99,153 | €103,514 | +€4,362 | +4.4% |
| Operating profit (loss) | 9901 | €20,020 | €17,778 | -€2,242 | -11.2% |
| Financial income | 75/76B | €177 | €170 | -€8 | -4.3% |
| Recurring financial income | 75 | €177 | €170 | -€8 | -4.3% |
| Financial charges | 65/66B | €1,638 | €1,616 | -€23 | -1.4% |
| Recurring financial charges | 65 | €1,638 | €1,616 | -€23 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €18,559 | €16,333 | -€2,226 | -12.0% |
| Income taxes | 67/77 | €5,016 | €5,213 | +€197 | +3.9% |
| Profit (loss) for the period | 9904 | €13,543 | €11,120 | -€2,423 | -17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,543 | €11,120 | -€2,423 | -17.9% |
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 17 October 2026 via checked.be.