N GRI: 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.
N GRI
Largest movements
- Cash +€11,524
up €11,524 (+228%), from €5,047 to €16,571
mainly Tax, wage and social debts (+€21,980) and Receivables within one year (+€4,227)
- Stocks and contracts +€6,000
new in 2024: €6,000
- Receivables within one year -€4,227
down €4,227 (-11.0%), from €38,399 to €34,173
of which Trade receivables: -€3,060
- Tangible fixed assets -€900
down €900 (-27.3%), from €3,300 to €2,400
- Tax, wage and social debts +€21,980
up €21,980 (+232%), from €9,493 to €31,473
of which Taxes: +€13,657
- Trade debts -€5,840
down €5,840 (-12.9%), from €45,372 to €39,532
- Profit (loss) carried forward -€3,743
down €3,743 (-181%), from -€2,068 to -€5,811
- Gross operating margin +€34,205
up €34,205 (+155%), from €21,997 to €56,202
- Staff costs +€24,407
up €24,407 (+179%), from €13,639 to €38,046
- Taxes +€13,418
new in 2024: €13,418
- Other operating charges +€2,309
up €2,309 (+89.2%), from €2,590 to €4,899
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,896 | €65,293 | +€12,397 | +23.4% |
| Fixed assets | 21/28 | €9,450 | €8,550 | -€900 | -9.5% |
| Tangible fixed assets | 22/27 | €3,300 | €2,400 | -€900 | -27.3% |
| Plant, machinery and equipment | 23 | €3,300 | €2,400 | -€900 | -27.3% |
| Financial fixed assets | 28 | €6,150 | €6,150 | = | 0.0% |
| Current assets | 29/58 | €43,446 | €56,743 | +€13,297 | +30.6% |
| Stocks and contracts in progress | 3 | - | €6,000 | +€6,000 | |
| Stocks | 30/36 | - | €6,000 | +€6,000 | |
| Amounts receivable within one year | 40/41 | €38,399 | €34,173 | -€4,227 | -11.0% |
| Trade receivables | 40 | €21,342 | €18,282 | -€3,060 | -14.3% |
| Other amounts receivable | 41 | €17,058 | €15,891 | -€1,167 | -6.8% |
| Cash at bank and in hand | 54/58 | €5,047 | €16,571 | +€11,524 | +228% |
| Total equity and liabilities | 10/49 | €52,896 | €65,293 | +€12,397 | +23.4% |
| Equity | 10/15 | -€1,968 | -€5,711 | -€3,743 | -190% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Capital | 10 | €100 | €100 | = | 0.0% |
| Issued capital | 100 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,068 | -€5,811 | -€3,743 | -181% |
| Amounts payable | 17/49 | €54,864 | €71,005 | +€16,140 | +29.4% |
| Amounts payable within one year | 42/48 | €54,864 | €71,005 | +€16,140 | +29.4% |
| Trade debts | 44 | €45,372 | €39,532 | -€5,840 | -12.9% |
| Suppliers | 440/4 | €45,372 | €39,532 | -€5,840 | -12.9% |
| Taxes, remuneration and social security | 45 | €9,493 | €31,473 | +€21,980 | +232% |
| Taxes | 450/3 | €9,493 | €23,150 | +€13,657 | +144% |
| Remuneration and social security | 454/9 | - | €8,323 | +€8,323 | |
| Remuneration, social security and pensions | 62 | €13,639 | €38,046 | +€24,407 | +179% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €800 | €800 | = | 0.0% |
| Other operating charges | 640/8 | €2,590 | €4,899 | +€2,309 | +89.2% |
| Gross operating margin | 9900 | €21,997 | €56,202 | +€34,205 | +155% |
| Operating profit (loss) | 9901 | €4,969 | €12,457 | +€7,489 | +151% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €3,245 | €2,787 | -€458 | -14.1% |
| Recurring financial charges | 65 | €3,245 | €2,787 | -€458 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €1,724 | €9,675 | +€7,951 | +461% |
| Income taxes | 67/77 | - | €13,418 | +€13,418 | |
| Profit (loss) for the period | 9904 | €1,724 | -€3,743 | -€5,467 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,724 | -€3,743 | -€5,467 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.