VISTA WITH GRINTA: 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.
VISTA WITH GRINTA
Largest movements
- Tangible fixed assets -€10,157
no longer reported in 2025 (was €10,157)
- Receivables within one year +€3,512
up €3,512 (+92.2%), from €3,809 to €7,321
of which Other amounts receivable: +€2,996
- Deferred charges and accrued income +€813
up €813 (+45.0%), from €1,807 to €2,620
- Cash -€683
down €683 (-24.0%), from €2,848 to €2,165
mainly Net result for the year (-€60,916) and Receivables within one year (-€3,512)
- Profit (loss) carried forward -€60,916
down €60,916 (-38.8%), from -€156,908 to -€217,824
- Other debts +€52,285
up €52,285 (+31.1%), from €168,031 to €220,316
- Trade debts +€2,116
up €2,116 (+107%), from €1,975 to €4,091
- Gross operating margin -€31,056
down €31,056 (-176%), from -€17,685 to -€48,741
- Depreciation -€2,361
down €2,361 (-18.9%), from €12,518 to €10,157
- Other operating charges -€634
down €634 (-25.3%), from €2,506 to €1,872
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 | €18,621 | €12,106 | -€6,515 | -35.0% |
| Fixed assets | 21/28 | €10,157 | - | -€10,157 | |
| Tangible fixed assets | 22/27 | €10,157 | - | -€10,157 | |
| Furniture and vehicles | 24 | €10,157 | - | -€10,157 | |
| Current assets | 29/58 | €8,464 | €12,106 | +€3,642 | +43.0% |
| Amounts receivable within one year | 40/41 | €3,809 | €7,321 | +€3,512 | +92.2% |
| Trade receivables | 40 | €1,410 | €1,926 | +€516 | +36.6% |
| Other amounts receivable | 41 | €2,398 | €5,394 | +€2,996 | +125% |
| Cash at bank and in hand | 54/58 | €2,848 | €2,165 | -€683 | -24.0% |
| Deferred charges and accrued income | 490/1 | €1,807 | €2,620 | +€813 | +45.0% |
| Total equity and liabilities | 10/49 | €18,621 | €12,106 | -€6,515 | -35.0% |
| Equity | 10/15 | -€153,908 | -€214,824 | -€60,916 | -39.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,908 | -€217,824 | -€60,916 | -38.8% |
| Amounts payable | 17/49 | €172,529 | €226,930 | +€54,401 | +31.5% |
| Amounts payable within one year | 42/48 | €172,529 | €226,930 | +€54,401 | +31.5% |
| Trade debts | 44 | €1,975 | €4,091 | +€2,116 | +107% |
| Suppliers | 440/4 | €1,975 | €4,091 | +€2,116 | +107% |
| Taxes, remuneration and social security | 45 | €2,523 | €2,523 | = | 0.0% |
| Taxes | 450/3 | €2,523 | €2,523 | = | 0.0% |
| Other amounts payable | 47/48 | €168,031 | €220,316 | +€52,285 | +31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,518 | €10,157 | -€2,361 | -18.9% |
| Other operating charges | 640/8 | €2,506 | €1,872 | -€634 | -25.3% |
| Gross operating margin | 9900 | -€17,685 | -€48,741 | -€31,056 | -176% |
| Operating profit (loss) | 9901 | -€32,709 | -€60,770 | -€28,061 | -85.8% |
| Financial charges | 65/66B | €350 | €147 | -€203 | -58.1% |
| Recurring financial charges | 65 | €350 | €147 | -€203 | -58.1% |
| Profit (loss) for the period before taxes | 9903 | -€33,059 | -€60,916 | -€27,858 | -84.3% |
| Profit (loss) for the period | 9904 | -€33,059 | -€60,916 | -€27,858 | -84.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,059 | -€60,916 | -€27,858 | -84.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.