P & P GRIMBERGEN: what changed
P & P GRIMBERGEN
Largest movements
- Tangible fixed assets +€38,146
up €38,146 (+95.6%), from €39,888 to €78,034
of which Leasing and similar rights: +€44,222
- Cash -€22,091
down €22,091 (-22.3%), from €98,886 to €76,795
mainly Contributions, distributions and other (-€89,785) and Investment in fixed assets (net) (-€53,306)
- Stocks and contracts -€11,347
down €11,347 (-5.0%), from €226,516 to €215,169
- Receivables within one year +€5,423
up €5,423 (+91.4%), from €5,931 to €11,354
of which Other amounts receivable: +€5,792
- Profit (loss) carried forward -€83,467
no longer reported in 2025 (was €83,467)
- Other debts +€72,805
up €72,805 (+106%), from €68,854 to €141,660
- Tax, wage and social debts +€16,885
up €16,885 (+39.4%), from €42,818 to €59,703
of which Taxes: +€12,877
- Current portion of long-term debt +€8,085
up €8,085 (+25.7%), from €31,451 to €39,536
- Gross operating margin -€70,507
down €70,507 (-46.4%), from €151,877 to €81,370
- Taxes -€16,546
down €16,546 (-80.2%), from €20,631 to €4,085
- Depreciation +€10,140
up €10,140 (+126%), from €8,019 to €18,160
- Other operating charges +€3,581
up €3,581 (+59.1%), from €6,056 to €9,636
- Financial income +€2,148
up €2,148 (+308%), from €698 to €2,846
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 | €409,261 | €420,281 | +€11,020 | +2.7% |
| Fixed assets | 21/28 | €77,865 | €113,011 | +€35,146 | +45.1% |
| Intangible fixed assets | 21 | €21,477 | €18,477 | -€3,000 | -14.0% |
| Tangible fixed assets | 22/27 | €39,888 | €78,034 | +€38,146 | +95.6% |
| Land and buildings | 22 | €32,221 | €27,798 | -€4,423 | -13.7% |
| Furniture and vehicles | 24 | €7,667 | €6,014 | -€1,653 | -21.6% |
| Leasing and similar rights | 25 | - | €44,222 | +€44,222 | |
| Financial fixed assets | 28 | €16,500 | €16,500 | = | 0.0% |
| Current assets | 29/58 | €331,396 | €307,270 | -€24,126 | -7.3% |
| Stocks and contracts in progress | 3 | €226,516 | €215,169 | -€11,347 | -5.0% |
| Stocks | 30/36 | €226,516 | €215,169 | -€11,347 | -5.0% |
| Amounts receivable within one year | 40/41 | €5,931 | €11,354 | +€5,423 | +91.4% |
| Trade receivables | 40 | €5,808 | €5,440 | -€368 | -6.3% |
| Other amounts receivable | 41 | €123 | €5,915 | +€5,792 | +4,709% |
| Cash at bank and in hand | 54/58 | €98,886 | €76,795 | -€22,091 | -22.3% |
| Deferred charges and accrued income | 490/1 | €64 | €3,952 | +€3,888 | +6,115% |
| Total equity and liabilities | 10/49 | €409,261 | €420,281 | +€11,020 | +2.7% |
| Equity | 10/15 | €88,467 | €5,000 | -€83,467 | -94.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,467 | - | -€83,467 | |
| Amounts payable | 17/49 | €320,794 | €415,281 | +€94,486 | +29.5% |
| Amounts payable after more than one year | 17 | €86,856 | €84,737 | -€2,119 | -2.4% |
| Financial debts | 170/4 | €86,856 | €84,737 | -€2,119 | -2.4% |
| Amounts payable within one year | 42/48 | €231,989 | €328,596 | +€96,607 | +41.6% |
| Current portion of amounts payable after more than one year | 42 | €31,451 | €39,536 | +€8,085 | +25.7% |
| Trade debts | 44 | €88,866 | €87,697 | -€1,169 | -1.3% |
| Suppliers | 440/4 | €88,866 | €87,697 | -€1,169 | -1.3% |
| Taxes, remuneration and social security | 45 | €42,818 | €59,703 | +€16,885 | +39.4% |
| Taxes | 450/3 | €37,260 | €50,138 | +€12,877 | +34.6% |
| Remuneration and social security | 454/9 | €5,558 | €9,566 | +€4,008 | +72.1% |
| Other amounts payable | 47/48 | €68,854 | €141,660 | +€72,805 | +106% |
| Accrued charges and deferred income | 492/3 | €1,949 | €1,947 | -€1 | -0.1% |
| Remuneration, social security and pensions | 62 | €41,411 | €40,366 | -€1,046 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,019 | €18,160 | +€10,140 | +126% |
| Other operating charges | 640/8 | €6,056 | €9,636 | +€3,581 | +59.1% |
| Gross operating margin | 9900 | €151,877 | €81,370 | -€70,507 | -46.4% |
| Operating profit (loss) | 9901 | €96,391 | €13,208 | -€83,183 | -86.3% |
| Financial income | 75/76B | €698 | €2,846 | +€2,148 | +308% |
| Recurring financial income | 75 | €698 | €2,846 | +€2,148 | +308% |
| Financial charges | 65/66B | €4,258 | €5,650 | +€1,392 | +32.7% |
| Recurring financial charges | 65 | €4,258 | €5,650 | +€1,392 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | €92,831 | €10,404 | -€82,427 | -88.8% |
| Income taxes | 67/77 | €20,631 | €4,085 | -€16,546 | -80.2% |
| Profit (loss) for the period | 9904 | €72,200 | €6,319 | -€65,881 | -91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €72,200 | €6,319 | -€65,881 | -91.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.