GARRANCHO: 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.
GARRANCHO
Largest movements
- Receivables within one year -€10,586
down €10,586 (-53.6%), from €19,759 to €9,173
of which Other amounts receivable: -€11,039
- Cash +€5,477
up €5,477 (+21.1%), from €25,918 to €31,395
mainly Receivables within one year (+€10,586) and Depreciation (+€2,648)
- Deferred charges and accrued income +€2,984
up €2,984 (+577%), from €517 to €3,501
- Tangible fixed assets -€2,648
down €2,648 (-36.1%), from €7,327 to €4,680
of which Furniture and vehicles: -€2,188
- Profit (loss) carried forward -€3,854
down €3,854 (-21.4%), from €18,014 to €14,160
- Trade debts -€2,972
down €2,972 (-72.8%), from €4,081 to €1,109
- Tax, wage and social debts +€1,975
up €1,975 (+35.3%), from €5,594 to €7,569
of which Taxes: +€2,179
- Staff costs -€2,188
down €2,188 (-7.1%), from €30,617 to €28,430
- Financial income -€584
down €584 (-39.7%), from €1,470 to €887
- Other operating charges -€445
down €445 (-22.7%), from €1,961 to €1,516
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 | €55,189 | €50,338 | -€4,851 | -8.8% |
| Fixed assets | 21/28 | €7,447 | €4,800 | -€2,648 | -35.6% |
| Tangible fixed assets | 22/27 | €7,327 | €4,680 | -€2,648 | -36.1% |
| Plant, machinery and equipment | 23 | €1,745 | €1,285 | -€459 | -26.3% |
| Furniture and vehicles | 24 | €5,583 | €3,394 | -€2,188 | -39.2% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €47,742 | €45,539 | -€2,203 | -4.6% |
| Stocks and contracts in progress | 3 | €1,548 | €1,471 | -€77 | -5.0% |
| Stocks | 30/36 | €1,548 | €1,471 | -€77 | -5.0% |
| Amounts receivable within one year | 40/41 | €19,759 | €9,173 | -€10,586 | -53.6% |
| Trade receivables | 40 | €1,253 | €1,705 | +€452 | +36.1% |
| Other amounts receivable | 41 | €18,507 | €7,468 | -€11,039 | -59.6% |
| Cash at bank and in hand | 54/58 | €25,918 | €31,395 | +€5,477 | +21.1% |
| Deferred charges and accrued income | 490/1 | €517 | €3,501 | +€2,984 | +577% |
| Total equity and liabilities | 10/49 | €55,189 | €50,338 | -€4,851 | -8.8% |
| Equity | 10/15 | €45,514 | €41,660 | -€3,854 | -8.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,014 | €14,160 | -€3,854 | -21.4% |
| Amounts payable | 17/49 | €9,675 | €8,678 | -€997 | -10.3% |
| Amounts payable within one year | 42/48 | €9,675 | €8,678 | -€997 | -10.3% |
| Trade debts | 44 | €4,081 | €1,109 | -€2,972 | -72.8% |
| Suppliers | 440/4 | €4,081 | €1,109 | -€2,972 | -72.8% |
| Taxes, remuneration and social security | 45 | €5,594 | €7,569 | +€1,975 | +35.3% |
| Taxes | 450/3 | €759 | €2,938 | +€2,179 | +287% |
| Remuneration and social security | 454/9 | €4,835 | €4,631 | -€204 | -4.2% |
| Remuneration, social security and pensions | 62 | €30,617 | €28,430 | -€2,188 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,362 | €2,648 | +€286 | +12.1% |
| Other operating charges | 640/8 | €1,961 | €1,516 | -€445 | -22.7% |
| Gross operating margin | 9900 | €29,092 | €29,052 | -€40 | -0.1% |
| Operating profit (loss) | 9901 | -€5,848 | -€3,542 | +€2,306 | +39.4% |
| Financial income | 75/76B | €1,470 | €887 | -€584 | -39.7% |
| Recurring financial income | 75 | €1,470 | €887 | -€584 | -39.7% |
| Financial charges | 65/66B | €1,068 | €1,065 | -€3 | -0.3% |
| Recurring financial charges | 65 | €1,068 | €1,065 | -€3 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,446 | -€3,720 | +€1,726 | +31.7% |
| Income taxes | 67/77 | €91 | €134 | +€43 | +47.0% |
| Profit (loss) for the period | 9904 | -€5,537 | -€3,854 | +€1,683 | +30.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,537 | -€3,854 | +€1,683 | +30.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.