La Grenouille: 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 Grenouille
Largest movements
- Cash +€7,069
up €7,069 (+17.7%), from €39,982 to €47,051
mainly Net result for the year (+€5,466) and Receivables within one year (+€2,740)
- Tangible fixed assets +€3,439
up €3,439 (+266%), from €1,295 to €4,734
of which Plant, machinery and equipment: +€2,291
- Receivables within one year -€2,740
down €2,740 (-30.1%), from €9,116 to €6,376
of which Other amounts receivable: -€2,035
- Deferred charges and accrued income -€2,052
down €2,052 (-35.2%), from €5,821 to €3,769
- Profit (loss) carried forward +€5,466
up €5,466 (+35.0%), from -€15,632 to -€10,165
- Gross operating margin +€1,569
up €1,569 (+26.6%), from €5,890 to €7,459
- Depreciation +€583
up €583 (+105%), from €556 to €1,139
- Financial income +€286
up €286 (+439%), from €65 to €351
- Taxes +€110
up €110, from -€35 to €75
- Financial charges -€106
down €106 (-24.3%), from €436 to €330
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 | €56,364 | €62,080 | +€5,716 | +10.1% |
| Fixed assets | 21/28 | €1,445 | €4,884 | +€3,439 | +238% |
| Tangible fixed assets | 22/27 | €1,295 | €4,734 | +€3,439 | +266% |
| Plant, machinery and equipment | 23 | €618 | €2,909 | +€2,291 | +371% |
| Furniture and vehicles | 24 | €677 | €1,825 | +€1,148 | +170% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €54,920 | €57,197 | +€2,277 | +4.1% |
| Amounts receivable within one year | 40/41 | €9,116 | €6,376 | -€2,740 | -30.1% |
| Trade receivables | 40 | €7,081 | €6,376 | -€705 | -10.0% |
| Other amounts receivable | 41 | €2,035 | - | -€2,035 | |
| Cash at bank and in hand | 54/58 | €39,982 | €47,051 | +€7,069 | +17.7% |
| Deferred charges and accrued income | 490/1 | €5,821 | €3,769 | -€2,052 | -35.2% |
| Total equity and liabilities | 10/49 | €56,364 | €62,080 | +€5,716 | +10.1% |
| Equity | 10/15 | €43,497 | €48,964 | +€5,466 | +12.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,529 | €40,529 | = | 0.0% |
| Distributable reserves | 133 | €40,529 | €40,529 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,632 | -€10,165 | +€5,466 | +35.0% |
| Amounts payable | 17/49 | €12,867 | €13,117 | +€250 | +1.9% |
| Amounts payable within one year | 42/48 | €12,867 | €13,117 | +€250 | +1.9% |
| Trade debts | 44 | €3,630 | €4,015 | +€385 | +10.6% |
| Suppliers | 440/4 | €3,630 | €4,015 | +€385 | +10.6% |
| Taxes, remuneration and social security | 45 | €1,035 | €900 | -€135 | -13.1% |
| Taxes | 450/3 | €1,035 | €900 | -€135 | -13.1% |
| Other amounts payable | 47/48 | €8,202 | €8,202 | = | 0.0% |
| Non-recurring operating income | 76A | €212 | €225 | +€13 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €556 | €1,139 | +€583 | +105% |
| Other operating charges | 640/8 | €149 | €149 | = | 0.0% |
| Non-recurring operating charges | 66A | - | €650 | +€650 | |
| Gross operating margin | 9900 | €5,890 | €7,459 | +€1,569 | +26.6% |
| Operating profit (loss) | 9901 | €5,185 | €5,521 | +€336 | +6.5% |
| Financial income | 75/76B | €65 | €351 | +€286 | +439% |
| Recurring financial income | 75 | €65 | €351 | +€286 | +439% |
| Financial charges | 65/66B | €436 | €330 | -€106 | -24.3% |
| Recurring financial charges | 65 | €436 | €330 | -€106 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €4,814 | €5,542 | +€727 | +15.1% |
| Income taxes | 67/77 | -€35 | €75 | +€110 | |
| Profit (loss) for the period | 9904 | €4,849 | €5,466 | +€617 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,849 | €5,466 | +€617 | +12.7% |
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 24 October 2026 via checked.be.