GRAIN D'OR: 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.
GRAIN D'OR
Largest movements
- Receivables within one year +€14,769
up €14,769 (+86.0%), from €17,178 to €31,947
of which Trade receivables: +€15,745
- Cash -€5,009
down €5,009 (-18.6%), from €26,980 to €21,971
mainly Receivables within one year (-€14,769) and Trade debts (-€319)
- Profit (loss) carried forward +€8,992
up €8,992 (+43.6%), from €20,612 to €29,604
- Tax, wage and social debts +€714
up €714 (+29.1%), from €2,450 to €3,164
- Gross operating margin +€1,682
up €1,682 (+14.1%), from €11,961 to €13,642
- Taxes +€390
up €390 (+19.2%), from €2,029 to €2,418
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 | €44,531 | €53,918 | +€9,387 | +21.1% |
| Current assets | 29/58 | €44,531 | €53,918 | +€9,387 | +21.1% |
| Stocks and contracts in progress | 3 | €373 | - | -€373 | |
| Stocks | 30/36 | €373 | - | -€373 | |
| Amounts receivable within one year | 40/41 | €17,178 | €31,947 | +€14,769 | +86.0% |
| Trade receivables | 40 | €16,202 | €31,947 | +€15,745 | +97.2% |
| Other amounts receivable | 41 | €977 | - | -€977 | |
| Cash at bank and in hand | 54/58 | €26,980 | €21,971 | -€5,009 | -18.6% |
| Total equity and liabilities | 10/49 | €44,531 | €53,918 | +€9,387 | +21.1% |
| Equity | 10/15 | €41,072 | €50,064 | +€8,992 | +21.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,612 | €29,604 | +€8,992 | +43.6% |
| Amounts payable | 17/49 | €3,459 | €3,854 | +€395 | +11.4% |
| Amounts payable within one year | 42/48 | €3,459 | €3,854 | +€395 | +11.4% |
| Trade debts | 44 | €1,009 | €690 | -€319 | -31.6% |
| Suppliers | 440/4 | €1,009 | €690 | -€319 | -31.6% |
| Taxes, remuneration and social security | 45 | €2,450 | €3,164 | +€714 | +29.1% |
| Taxes | 450/3 | €2,450 | €3,164 | +€714 | +29.1% |
| Other operating charges | 640/8 | €2,077 | €2,187 | +€110 | +5.3% |
| Gross operating margin | 9900 | €11,961 | €13,642 | +€1,682 | +14.1% |
| Operating profit (loss) | 9901 | €9,883 | €11,456 | +€1,572 | +15.9% |
| Financial charges | 65/66B | €47 | €45 | -€2 | -3.9% |
| Recurring financial charges | 65 | €47 | €45 | -€2 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €9,837 | €11,411 | +€1,574 | +16.0% |
| Income taxes | 67/77 | €2,029 | €2,418 | +€390 | +19.2% |
| Profit (loss) for the period | 9904 | €7,808 | €8,992 | +€1,184 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,808 | €8,992 | +€1,184 | +15.2% |
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.