Graantje: 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.
Graantje
Largest movements
- Tangible fixed assets -€10,640
down €10,640 (-33.6%), from €31,686 to €21,046
of which Furniture and vehicles: -€10,663
- Cash +€7,225
up €7,225 (+14,930%), from €48 to €7,273
mainly Depreciation (+€13,744) and Net result for the year (+€9,382)
- Stocks and contracts +€655
up €655 (+2.3%), from €28,330 to €28,985
- Reserves +€9,300
up €9,300 (+39.9%), from €23,300 to €32,600
- Debts after one year -€7,561
no longer reported in 2025 (was €7,561)
- Short-term financial debts -€4,621
no longer reported in 2025 (was €4,621)
- Other debts +€2,019
up €2,019 (+4,491%), from €45 to €2,064
- Trade debts -€1,028
down €1,028 (-12.1%), from €8,479 to €7,451
- Financial income +€2,285
up €2,285 (+392%), from €583 to €2,868
- Financial charges -€1,172
down €1,172 (-31.1%), from €3,762 to €2,590
- Gross operating margin -€934
down €934 (-3.2%), from €29,101 to €28,167
- Taxes +€874
up €874 (+27.1%), from €3,222 to €4,096
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 | €61,610 | €59,102 | -€2,508 | -4.1% |
| Fixed assets | 21/28 | €31,686 | €21,046 | -€10,640 | -33.6% |
| Tangible fixed assets | 22/27 | €31,686 | €21,046 | -€10,640 | -33.6% |
| Plant, machinery and equipment | 23 | €8,814 | €8,838 | +€23 | +0.3% |
| Furniture and vehicles | 24 | €22,871 | €12,208 | -€10,663 | -46.6% |
| Current assets | 29/58 | €29,924 | €38,056 | +€8,132 | +27.2% |
| Stocks and contracts in progress | 3 | €28,330 | €28,985 | +€655 | +2.3% |
| Stocks | 30/36 | €28,330 | €28,985 | +€655 | +2.3% |
| Amounts receivable within one year | 40/41 | €529 | €982 | +€453 | +85.6% |
| Trade receivables | 40 | €509 | €580 | +€71 | +13.9% |
| Other amounts receivable | 41 | €20 | €402 | +€382 | +1,923% |
| Cash at bank and in hand | 54/58 | €48 | €7,273 | +€7,225 | +14,930% |
| Deferred charges and accrued income | 490/1 | €1,016 | €816 | -€200 | -19.7% |
| Total equity and liabilities | 10/49 | €61,610 | €59,102 | -€2,508 | -4.1% |
| Equity | 10/15 | €28,224 | €37,606 | +€9,382 | +33.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €23,300 | €32,600 | +€9,300 | +39.9% |
| Distributable reserves | 133 | €23,300 | €32,600 | +€9,300 | +39.9% |
| Profit (loss) carried forward | 14 | €924 | €1,006 | +€82 | +8.8% |
| Amounts payable | 17/49 | €33,386 | €21,496 | -€11,890 | -35.6% |
| Amounts payable after more than one year | 17 | €7,561 | - | -€7,561 | |
| Financial debts | 170/4 | €7,561 | - | -€7,561 | |
| Amounts payable within one year | 42/48 | €24,025 | €19,550 | -€4,475 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €8,130 | €7,561 | -€569 | -7.0% |
| Financial debts | 43 | €4,621 | - | -€4,621 | |
| Credit institutions | 430/8 | €4,621 | - | -€4,621 | |
| Trade debts | 44 | €8,479 | €7,451 | -€1,028 | -12.1% |
| Suppliers | 440/4 | €8,479 | €7,451 | -€1,028 | -12.1% |
| Taxes, remuneration and social security | 45 | €2,750 | €2,474 | -€276 | -10.0% |
| Taxes | 450/3 | €1,372 | €1,096 | -€276 | -20.1% |
| Remuneration and social security | 454/9 | €1,378 | €1,378 | = | 0.0% |
| Other amounts payable | 47/48 | €45 | €2,064 | +€2,019 | +4,491% |
| Accrued charges and deferred income | 492/3 | €1,800 | €1,945 | +€146 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,845 | €13,744 | -€101 | -0.7% |
| Other operating charges | 640/8 | €1,138 | €1,223 | +€85 | +7.5% |
| Gross operating margin | 9900 | €29,101 | €28,167 | -€934 | -3.2% |
| Operating profit (loss) | 9901 | €14,119 | €13,200 | -€919 | -6.5% |
| Financial income | 75/76B | €583 | €2,868 | +€2,285 | +392% |
| Recurring financial income | 75 | €583 | €2,868 | +€2,285 | +392% |
| Financial charges | 65/66B | €3,762 | €2,590 | -€1,172 | -31.1% |
| Recurring financial charges | 65 | €3,762 | €2,590 | -€1,172 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €10,940 | €13,478 | +€2,538 | +23.2% |
| Income taxes | 67/77 | €3,222 | €4,096 | +€874 | +27.1% |
| Profit (loss) for the period | 9904 | €7,717 | €9,382 | +€1,664 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,717 | €9,382 | +€1,664 | +21.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.