A & B GRANIET: what changed
What changed
A & B GRANIET
NACE 23.700, Cutting, shaping and finishing of stone
filed annual accounts (NBB)
Net result for the year
€2,369
2024 · €3,130-€761
Equity
€103,035
2024 · €100,666+€2,369
Cash
-
2024 · €2,689-€2,689
Balance sheet total
€1.0m
2024 · €927,628+€86,133
Largest movements
Assets
- Stocks and contracts +€125,888
up €125,888 (+46.5%), from €270,468 to €396,356
of which Contracts in progress: +€115,006
- Tangible fixed assets -€26,429
down €26,429 (-4.3%), from €613,094 to €586,665
of which Land and buildings: -€26,572
- Receivables within one year -€10,392
down €10,392 (-25.3%), from €41,132 to €30,740
of which Trade receivables: -€22,389
Equity and liabilities
- Debts after one year -€256,385
down €256,385 (-44.8%), from €571,749 to €315,364
- Short-term financial debts +€236,839
new in 2025: €236,839
- Trade debts +€97,894
up €97,894 (+520%), from €18,820 to €116,713
- Other debts +€35,255
up €35,255 (+20.4%), from €173,005 to €208,259
- Accrued charges and deferred income -€18,762
no longer reported in 2025 (was €18,762)
Income statement
- Gross operating margin +€48,992
up €48,992 (+59.3%), from €82,605 to €131,597
- Taxes +€24,248
up €24,248 (+3,031%), from €800 to €25,048
- Depreciation +€20,221
up €20,221 (+89.1%), from €22,698 to €42,919
- Staff costs +€6,702
up €6,702 (+15.7%), from €42,814 to €49,516
- Financial income +€1,403
up €1,403 (+1,833%), from €77 to €1,480
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.
Result 2024
€3,130
Gross operating margin
+€48,992
Staff costs
-€6,702
Depreciation
-€20,221
Other operating charges
+€622
Financial income
+€1,403
Financial charges
-€606
Taxes
-€24,248
Result 2025
€2,369
raises the resultlowers the result
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.
From operations
+€40,135
Investment
-€16,490
Financing
-€26,334
Cash 2024
€2,689
From operations (derived)
+€40,135
Net result for the year
+€2,369
Depreciation
+€42,919
Stocks and contracts
-€125,888
Receivables within one year
+€10,392
Deferred charges and accrued income
+€245
Trade debts
+€97,894
Tax, wage and social debts
-€4,289
Other debts
+€35,255
Accrued charges and deferred income
-€18,762
Investment (derived)
-€16,490
Investment in fixed assets (net)
-€16,490
Financing
-€26,334
Debts after one year
-€256,385
Current portion of long-term debt
-€6,788
Short-term financial debts
+€236,839
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €927,628 | €1,013,761 | +€86,133 | +9.3% |
| Fixed assets | 21/28 | €613,094 | €586,665 | -€26,429 | -4.3% |
| Tangible fixed assets | 22/27 | €613,094 | €586,665 | -€26,429 | -4.3% |
| Land and buildings | 22 | €579,351 | €552,779 | -€26,572 | -4.6% |
| Plant, machinery and equipment | 23 | €32,080 | €31,531 | -€549 | -1.7% |
| Furniture and vehicles | 24 | €1,663 | €2,355 | +€692 | +41.6% |
| Current assets | 29/58 | €314,534 | €427,097 | +€112,562 | +35.8% |
| Stocks and contracts in progress | 3 | €270,468 | €396,356 | +€125,888 | +46.5% |
| Stocks | 30/36 | €141,198 | €152,081 | +€10,883 | +7.7% |
| Contracts in progress | 37 | €129,270 | €244,276 | +€115,006 | +89.0% |
| Amounts receivable within one year | 40/41 | €41,132 | €30,740 | -€10,392 | -25.3% |
| Trade receivables | 40 | €41,132 | €18,744 | -€22,389 | -54.4% |
| Other amounts receivable | 41 | - | €11,996 | +€11,996 | |
| Cash at bank and in hand | 54/58 | €2,689 | - | -€2,689 | |
| Deferred charges and accrued income | 490/1 | €245 | - | -€245 | |
| Total equity and liabilities | 10/49 | €927,628 | €1,013,761 | +€86,133 | +9.3% |
| Equity | 10/15 | €100,666 | €103,035 | +€2,369 | +2.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €41,692 | €41,692 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €39,832 | €39,832 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,774 | €55,143 | +€2,369 | +4.5% |
| Amounts payable | 17/49 | €826,963 | €910,727 | +€83,764 | +10.1% |
| Amounts payable after more than one year | 17 | €571,749 | €315,364 | -€256,385 | -44.8% |
| Financial debts | 170/4 | €571,749 | €315,364 | -€256,385 | -44.8% |
| Amounts payable within one year | 42/48 | €236,452 | €595,363 | +€358,911 | +152% |
| Current portion of amounts payable after more than one year | 42 | €40,339 | €33,551 | -€6,788 | -16.8% |
| Financial debts | 43 | - | €236,839 | +€236,839 | |
| Other loans | 439 | - | €236,839 | +€236,839 | |
| Trade debts | 44 | €18,820 | €116,713 | +€97,894 | +520% |
| Suppliers | 440/4 | €18,820 | €116,713 | +€97,894 | +520% |
| Taxes, remuneration and social security | 45 | €4,289 | - | -€4,289 | |
| Taxes | 450/3 | €4,289 | - | -€4,289 | |
| Other amounts payable | 47/48 | €173,005 | €208,259 | +€35,255 | +20.4% |
| Accrued charges and deferred income | 492/3 | €18,762 | - | -€18,762 | |
| Remuneration, social security and pensions | 62 | €42,814 | €49,516 | +€6,702 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,698 | €42,919 | +€20,221 | +89.1% |
| Other operating charges | 640/8 | €3,920 | €3,298 | -€622 | -15.9% |
| Gross operating margin | 9900 | €82,605 | €131,597 | +€48,992 | +59.3% |
| Operating profit (loss) | 9901 | €13,173 | €35,864 | +€22,690 | +172% |
| Financial income | 75/76B | €77 | €1,480 | +€1,403 | +1,833% |
| Recurring financial income | 75 | €77 | €1,480 | +€1,403 | +1,833% |
| Financial charges | 65/66B | €9,320 | €9,926 | +€606 | +6.5% |
| Recurring financial charges | 65 | €9,320 | €9,926 | +€606 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €3,930 | €27,417 | +€23,487 | +598% |
| Income taxes | 67/77 | €800 | €25,048 | +€24,248 | +3,031% |
| Profit (loss) for the period | 9904 | €3,130 | €2,369 | -€761 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,130 | €2,369 | -€761 | -24.3% |
Next steps
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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 3 November 2026 via checked.be.