GRAIN DE SABLE: what changed
Two fiscal 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 SABLE
Largest movements
- Cash +€66,270
up €66,270 (+31.5%), from €210,277 to €276,547
mainly Trade debts (+€46,633) and Net result for the year (+€19,513)
- Receivables within one year +€12,912
up €12,912 (+61.4%), from €21,047 to €33,959
of which Other amounts receivable: +€12,504
- Trade debts +€46,633
up €46,633 (+40.8%), from €114,386 to €161,019
- Profit (loss) carried forward +€19,513
up €19,513 (+24.2%), from €80,727 to €100,240
- Tax, wage and social debts +€9,060
up €9,060 (+30.7%), from €29,520 to €38,580
of which Remuneration and social security: +€6,182
- Gross operating margin +€15,602
up €15,602 (+6.0%), from €258,654 to €274,256
- Staff costs +€6,849
up €6,849 (+3.0%), from €231,084 to €237,933
- Taxes +€5,378
up €5,378 (+169.5%), from €3,172 to €8,550
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.
Cash bridge derived
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 | €256,792 | €334,548 | +€77,756 | +30.3% |
| Fixed assets | 21/28 | €23,189 | €23,960 | +€771 | +3.3% |
| Tangible fixed assets | 22/27 | €20,369 | €21,140 | +€771 | +3.8% |
| Plant, machinery and equipment | 23 | €1,025 | €695 | -€331 | -32.2% |
| Furniture and vehicles | 24 | €13,517 | €14,888 | +€1,371 | +10.1% |
| Other tangible fixed assets | 26 | €4,749 | €4,479 | -€270 | -5.7% |
| Assets under construction and advance payments | 27 | €1,079 | €1,079 | = | 0.0% |
| Financial fixed assets | 28 | €2,820 | €2,820 | = | 0.0% |
| Current assets | 29/58 | €233,603 | €310,588 | +€76,985 | +33.0% |
| Amounts receivable within one year | 40/41 | €21,047 | €33,959 | +€12,912 | +61.4% |
| Trade receivables | 40 | €11,246 | €11,654 | +€408 | +3.6% |
| Other amounts receivable | 41 | €9,801 | €22,305 | +€12,504 | +127.6% |
| Cash at bank and in hand | 54/58 | €210,277 | €276,547 | +€66,270 | +31.5% |
| Deferred charges and accrued income | 490/1 | €2,279 | €82 | -€2,197 | -96.4% |
| Total equity and liabilities | 10/49 | €256,792 | €334,548 | +€77,756 | +30.3% |
| Equity | 10/15 | €101,187 | €120,700 | +€19,513 | +19.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,727 | €100,240 | +€19,513 | +24.2% |
| Amounts payable | 17/49 | €155,606 | €213,849 | +€58,243 | +37.4% |
| Amounts payable within one year | 42/48 | €155,606 | €213,849 | +€58,243 | +37.4% |
| Trade debts | 44 | €114,386 | €161,019 | +€46,633 | +40.8% |
| Suppliers | 440/4 | €114,386 | €161,019 | +€46,633 | +40.8% |
| Taxes, remuneration and social security | 45 | €29,520 | €38,580 | +€9,060 | +30.7% |
| Taxes | 450/3 | €3,172 | €6,050 | +€2,878 | +90.7% |
| Remuneration and social security | 454/9 | €26,347 | €32,530 | +€6,182 | +23.5% |
| Other amounts payable | 47/48 | €11,700 | €14,250 | +€2,550 | +21.8% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €231,084 | €237,933 | +€6,849 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,182 | €6,450 | +€268 | +4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,011 | €487 | -€523 | -51.8% |
| Other operating charges | 640/8 | €3,036 | €1,015 | -€2,020 | -66.6% |
| Gross operating margin | 9900 | €258,654 | €274,256 | +€15,602 | +6.0% |
| Operating profit (loss) | 9901 | €17,342 | €28,371 | +€11,029 | +63.6% |
| Financial charges | 65/66B | €141 | €308 | +€167 | +118.8% |
| Recurring financial charges | 65 | €141 | €308 | +€167 | +118.8% |
| Profit (loss) for the period before taxes | 9903 | €17,202 | €28,063 | +€10,862 | +63.1% |
| Income taxes | 67/77 | €3,172 | €8,550 | +€5,378 | +169.5% |
| Profit (loss) for the period | 9904 | €14,029 | €19,513 | +€5,484 | +39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,029 | €19,513 | +€5,484 | +39.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.