MyGrid: 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.
MyGrid
Largest movements
- Intangible fixed assets +€364,315
up €364,315 (+229.8%), from €158,506 to €522,820
- Cash -€176,437
down €176,437 (-42.9%), from €410,838 to €234,401
mainly Investment in fixed assets (net) (-€633,827) and Net result for the year (-€242,029)
- Stocks and contracts +€130,678
new in 2025: €130,678
- Tangible fixed assets +€79,220
new in 2025: €79,220
of which Plant, machinery and equipment: +€78,695
- Receivables within one year -€35,093
down €35,093 (-54.2%), from €64,703 to €29,610
of which Trade receivables: -€25,076
- Debts after one year +€262,001
new in 2025: €262,001
- Profit (loss) carried forward -€242,029
down €242,029 (-249.3%), from -€97,092 to -€339,122
- Contributions +€183,100
up €183,100 (+44.1%), from €415,000 to €598,100
- Trade debts +€104,917
up €104,917 (+139.3%), from €75,343 to €180,260
- Accrued charges and deferred income +€50,494
up €50,494 (+26.0%), from €194,346 to €244,840
- Depreciation +€137,359
up €137,359 (+286.6%), from €47,932 to €185,291
- Gross operating margin -€94,598
down €94,598, from €48,692 to -€45,906
- Financial charges +€11,337
up €11,337 (+955.7%), from €1,186 to €12,523
- Financial income +€1,938
up €1,938 (+1264.5%), from €153 to €2,091
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 | €635,339 | €1,004,508 | +€369,169 | +58.1% |
| Fixed assets | 21/28 | €158,506 | €607,041 | +€448,535 | +283.0% |
| Intangible fixed assets | 21 | €158,506 | €522,820 | +€364,315 | +229.8% |
| Tangible fixed assets | 22/27 | - | €79,220 | +€79,220 | |
| Plant, machinery and equipment | 23 | - | €78,695 | +€78,695 | |
| Furniture and vehicles | 24 | - | €526 | +€526 | |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €476,833 | €397,467 | -€79,366 | -16.6% |
| Stocks and contracts in progress | 3 | - | €130,678 | +€130,678 | |
| Stocks | 30/36 | - | €130,678 | +€130,678 | |
| Amounts receivable within one year | 40/41 | €64,703 | €29,610 | -€35,093 | -54.2% |
| Trade receivables | 40 | €44,350 | €19,274 | -€25,076 | -56.5% |
| Other amounts receivable | 41 | €20,353 | €10,336 | -€10,017 | -49.2% |
| Cash at bank and in hand | 54/58 | €410,838 | €234,401 | -€176,437 | -42.9% |
| Deferred charges and accrued income | 490/1 | €1,292 | €2,778 | +€1,486 | +115.1% |
| Total equity and liabilities | 10/49 | €635,339 | €1,004,508 | +€369,169 | +58.1% |
| Equity | 10/15 | €317,907 | €258,978 | -€58,929 | -18.5% |
| Contributions | 10/11 | €415,000 | €598,100 | +€183,100 | +44.1% |
| Profit (loss) carried forward | 14 | -€97,092 | -€339,122 | -€242,029 | -249.3% |
| Amounts payable | 17/49 | €317,431 | €745,530 | +€428,099 | +134.9% |
| Amounts payable after more than one year | 17 | - | €262,001 | +€262,001 | |
| Financial debts | 170/4 | - | €262,001 | +€262,001 | |
| Amounts payable within one year | 42/48 | €123,085 | €238,689 | +€115,603 | +93.9% |
| Current portion of amounts payable after more than one year | 42 | - | €37,999 | +€37,999 | |
| Financial debts | 43 | €790 | €1,796 | +€1,006 | +127.4% |
| Credit institutions | 430/8 | €790 | €1,796 | +€1,006 | +127.4% |
| Trade debts | 44 | €75,343 | €180,260 | +€104,917 | +139.3% |
| Suppliers | 440/4 | €75,343 | €180,260 | +€104,917 | +139.3% |
| Advances received on contracts in progress | 46 | €24,508 | €0 | -€24,508 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,146 | €0 | -€3,146 | -100.0% |
| Taxes | 450/3 | €1,413 | €0 | -€1,413 | -100.0% |
| Remuneration and social security | 454/9 | €1,734 | €0 | -€1,734 | -100.0% |
| Other amounts payable | 47/48 | €19,298 | €18,634 | -€665 | -3.4% |
| Accrued charges and deferred income | 492/3 | €194,346 | €244,840 | +€50,494 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,932 | €185,291 | +€137,359 | +286.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €48,692 | -€45,906 | -€94,598 | |
| Operating profit (loss) | 9901 | €372 | -€231,598 | -€231,970 | |
| Financial income | 75/76B | €153 | €2,091 | +€1,938 | +1264.5% |
| Recurring financial income | 75 | €153 | €2,091 | +€1,938 | +1264.5% |
| Financial charges | 65/66B | €1,186 | €12,523 | +€11,337 | +955.7% |
| Recurring financial charges | 65 | €1,186 | €12,523 | +€11,337 | +955.7% |
| Profit (loss) for the period before taxes | 9903 | -€661 | -€242,029 | -€241,369 | -36533.4% |
| Profit (loss) for the period | 9904 | -€661 | -€242,029 | -€241,369 | -36533.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€661 | -€242,029 | -€241,369 | -36533.4% |
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 8 October 2026 via checked.be.