Graan: 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.
Graan
Largest movements
- Stocks and contracts -€6,319
no longer reported in 2025 (was €6,319)
- Tangible fixed assets -€5,694
down €5,694 (-41.0%), from €13,875 to €8,180
of which Plant, machinery and equipment: -€4,226
- Receivables within one year -€1,978
down €1,978 (-39.0%), from €5,074 to €3,096
of which Other amounts receivable: -€1,700
- Deferred charges and accrued income -€1,151
no longer reported in 2025 (was €1,151)
- Cash +€372
up €372 (+14.6%), from €2,556 to €2,929
mainly Stocks and contracts (+€6,319) and Depreciation (+€5,694)
- Tax, wage and social debts -€11,058
down €11,058 (-97.0%), from €11,403 to €345
of which Remuneration and social security: -€10,244
- Profit (loss) carried forward -€7,909
down €7,909 (-35.6%), from -€22,232 to -€30,141
- Other debts +€3,443
up €3,443 (+10.3%), from €33,372 to €36,816
- Trade debts +€753
up €753 (+13.6%), from €5,532 to €6,285
- Staff costs -€59,565
down €59,565 (-89.6%), from €66,444 to €6,879
- Gross operating margin -€27,867
down €27,867 (-78.9%), from €35,301 to €7,434
- Financial charges -€2,093
down €2,093 (-67.1%), from €3,117 to €1,024
- Other operating charges +€551
up €551 (+48.5%), from €1,138 to €1,689
- Depreciation -€379
down €379 (-6.2%), from €6,073 to €5,694
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 | €29,075 | €14,305 | -€14,770 | -50.8% |
| Fixed assets | 21/28 | €13,975 | €8,280 | -€5,694 | -40.7% |
| Tangible fixed assets | 22/27 | €13,875 | €8,180 | -€5,694 | -41.0% |
| Plant, machinery and equipment | 23 | €11,863 | €7,637 | -€4,226 | -35.6% |
| Furniture and vehicles | 24 | €1,389 | €421 | -€968 | -69.7% |
| Other tangible fixed assets | 26 | €623 | €122 | -€501 | -80.4% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €15,100 | €6,025 | -€9,076 | -60.1% |
| Stocks and contracts in progress | 3 | €6,319 | - | -€6,319 | |
| Stocks | 30/36 | €6,319 | - | -€6,319 | |
| Amounts receivable within one year | 40/41 | €5,074 | €3,096 | -€1,978 | -39.0% |
| Trade receivables | 40 | €524 | €247 | -€277 | -52.9% |
| Other amounts receivable | 41 | €4,550 | €2,849 | -€1,700 | -37.4% |
| Cash at bank and in hand | 54/58 | €2,556 | €2,929 | +€372 | +14.6% |
| Deferred charges and accrued income | 490/1 | €1,151 | - | -€1,151 | |
| Total equity and liabilities | 10/49 | €29,075 | €14,305 | -€14,770 | -50.8% |
| Equity | 10/15 | -€21,232 | -€29,141 | -€7,909 | -37.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,232 | -€30,141 | -€7,909 | -35.6% |
| Amounts payable | 17/49 | €50,307 | €43,446 | -€6,861 | -13.6% |
| Amounts payable within one year | 42/48 | €50,307 | €43,446 | -€6,861 | -13.6% |
| Trade debts | 44 | €5,532 | €6,285 | +€753 | +13.6% |
| Suppliers | 440/4 | €5,532 | €6,285 | +€753 | +13.6% |
| Taxes, remuneration and social security | 45 | €11,403 | €345 | -€11,058 | -97.0% |
| Taxes | 450/3 | €1,126 | €313 | -€814 | -72.2% |
| Remuneration and social security | 454/9 | €10,277 | €33 | -€10,244 | -99.7% |
| Other amounts payable | 47/48 | €33,372 | €36,816 | +€3,443 | +10.3% |
| Remuneration, social security and pensions | 62 | €66,444 | €6,879 | -€59,565 | -89.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,073 | €5,694 | -€379 | -6.2% |
| Other operating charges | 640/8 | €1,138 | €1,689 | +€551 | +48.5% |
| Gross operating margin | 9900 | €35,301 | €7,434 | -€27,867 | -78.9% |
| Operating profit (loss) | 9901 | -€38,354 | -€6,828 | +€31,526 | +82.2% |
| Financial income | 75/76B | €0 | €3 | +€3 | +6,000% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +6,000% |
| Financial charges | 65/66B | €3,117 | €1,024 | -€2,093 | -67.1% |
| Recurring financial charges | 65 | €3,117 | €1,024 | -€2,093 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | -€41,471 | -€7,849 | +€33,622 | +81.1% |
| Income taxes | 67/77 | €128 | €60 | -€68 | -53.3% |
| Profit (loss) for the period | 9904 | -€41,599 | -€7,909 | +€33,690 | +81.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,599 | -€7,909 | +€33,690 | +81.0% |
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 15 October 2026 via checked.be.