GRAIN DE BONHEUR: 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 DE BONHEUR
Largest movements
- Receivables within one year +€62,298
up €62,298 (+54.7%), from €113,811 to €176,109
of which Other amounts receivable: +€68,073
- Deferred charges and accrued income +€12,362
up €12,362 (+4,121%), from €300 to €12,662
- Tangible fixed assets +€4,190
up €4,190 (+214%), from €1,961 to €6,151
of which Plant, machinery and equipment: +€2,577
- Accrued charges and deferred income +€37,801
new in 2025: €37,801
- Reserves +€24,000
up €24,000 (+36.4%), from €66,000 to €90,000
- Current portion of long-term debt +€16,259
up €16,259 (+271%), from €6,000 to €22,259
- Short-term financial debts -€8,655
no longer reported in 2025 (was €8,655)
- Trade debts +€5,471
up €5,471 (+68.1%), from €8,037 to €13,507
of which Suppliers: +€2,788
- Staff costs +€17,394
up €17,394 (+33.9%), from €51,353 to €68,747
- Taxes -€6,780
down €6,780 (-46.3%), from €14,640 to €7,860
- Financial charges +€2,210
up €2,210 (+51.7%), from €4,275 to €6,485
- Other operating charges +€2,014
up €2,014 (+632%), from €319 to €2,333
- Depreciation +€1,342
up €1,342 (+131%), from €1,021 to €2,363
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 | €117,385 | €197,532 | +€80,147 | +68.3% |
| Fixed assets | 21/28 | €1,961 | €7,531 | +€5,570 | +284% |
| Tangible fixed assets | 22/27 | €1,961 | €6,151 | +€4,190 | +214% |
| Plant, machinery and equipment | 23 | €998 | €3,574 | +€2,577 | +258% |
| Furniture and vehicles | 24 | €963 | €2,576 | +€1,613 | +168% |
| Financial fixed assets | 28 | - | €1,380 | +€1,380 | |
| Current assets | 29/58 | €115,425 | €190,002 | +€74,577 | +64.6% |
| Amounts receivable within one year | 40/41 | €113,811 | €176,109 | +€62,298 | +54.7% |
| Trade receivables | 40 | €8,458 | €2,683 | -€5,775 | -68.3% |
| Other amounts receivable | 41 | €105,353 | €173,426 | +€68,073 | +64.6% |
| Cash at bank and in hand | 54/58 | €1,313 | €1,231 | -€83 | -6.3% |
| Deferred charges and accrued income | 490/1 | €300 | €12,662 | +€12,362 | +4,121% |
| Total equity and liabilities | 10/49 | €117,385 | €197,532 | +€80,147 | +68.3% |
| Equity | 10/15 | €67,838 | €91,871 | +€24,032 | +35.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €66,000 | €90,000 | +€24,000 | +36.4% |
| Distributable reserves | 133 | €66,000 | €90,000 | +€24,000 | +36.4% |
| Profit (loss) carried forward | 14 | €338 | €371 | +€32 | +9.5% |
| Amounts payable | 17/49 | €49,547 | €105,662 | +€56,115 | +113% |
| Amounts payable within one year | 42/48 | €49,547 | €67,861 | +€18,314 | +37.0% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €22,259 | +€16,259 | +271% |
| Financial debts | 43 | €8,655 | - | -€8,655 | |
| Credit institutions | 430/8 | €8,655 | - | -€8,655 | |
| Trade debts | 44 | €8,037 | €13,507 | +€5,471 | +68.1% |
| Suppliers | 440/4 | €8,037 | €10,825 | +€2,788 | +34.7% |
| Bills of exchange payable | 441 | - | €2,683 | +€2,683 | |
| Taxes, remuneration and social security | 45 | €26,855 | €32,095 | +€5,239 | +19.5% |
| Taxes | 450/3 | €16,417 | €10,500 | -€5,917 | -36.0% |
| Remuneration and social security | 454/9 | €10,438 | €21,595 | +€11,156 | +107% |
| Accrued charges and deferred income | 492/3 | - | €37,801 | +€37,801 | |
| Remuneration, social security and pensions | 62 | €51,353 | €68,747 | +€17,394 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,021 | €2,363 | +€1,342 | +131% |
| Other operating charges | 640/8 | €319 | €2,333 | +€2,014 | +632% |
| Gross operating margin | 9900 | €111,843 | €111,708 | -€136 | -0.1% |
| Operating profit (loss) | 9901 | €59,151 | €38,265 | -€20,885 | -35.3% |
| Financial income | 75/76B | €28 | €112 | +€84 | +303% |
| Recurring financial income | 75 | €28 | €112 | +€84 | +303% |
| Financial charges | 65/66B | €4,275 | €6,485 | +€2,210 | +51.7% |
| Recurring financial charges | 65 | €4,275 | €6,485 | +€2,210 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | €54,904 | €31,892 | -€23,011 | -41.9% |
| Income taxes | 67/77 | €14,640 | €7,860 | -€6,780 | -46.3% |
| Profit (loss) for the period | 9904 | €40,264 | €24,032 | -€16,232 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,264 | €24,032 | -€16,232 | -40.3% |
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 26 October 2026 via checked.be.