Grain de Vie: 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 Vie
Largest movements
- Tangible fixed assets -€59,844
down €59,844 (-13.9%), from €429,950 to €370,106
of which Land and buildings: -€51,258
- Cash +€12,116
up €12,116 (+8.8%), from €137,535 to €149,651
mainly Depreciation (+€79,254) and Net result for the year (+€31,365)
- Receivables within one year +€7,510
up €7,510 (+35.9%), from €20,948 to €28,458
of which Trade receivables: +€4,397
- Investment grants -€46,568
down €46,568 (-13.7%), from €340,513 to €293,945
- Debts within one year -€44,776
down €44,776 (-53.7%), from €83,424 to €38,648
- Profit (loss) carried forward +€31,365
up €31,365 (+58.3%), from -€53,807 to -€22,441
- Provisions +€18,395
new in 2025: €18,395
- Staff costs +€45,378
up €45,378 (+21.0%), from €216,023 to €261,400
- Gross operating margin +€36,830
up €36,830 (+11.2%), from €328,418 to €365,248
- Financial income +€32,109
up €32,109 (+9,799%), from €328 to €32,437
of which Non-recurring financial income: +€32,045
- Other operating charges -€12,323
down €12,323 (-68.7%), from €17,932 to €5,608
- Depreciation -€4,957
down €4,957 (-5.9%), from €84,211 to €79,254
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 | €609,029 | €567,445 | -€41,584 | -6.8% |
| Fixed assets | 21/28 | €434,642 | €371,607 | -€63,035 | -14.5% |
| Intangible fixed assets | 21 | €3,192 | €1 | -€3,191 | -100.0% |
| Tangible fixed assets | 22/27 | €429,950 | €370,106 | -€59,844 | -13.9% |
| Land and buildings | 22 | €351,670 | €300,412 | -€51,258 | -14.6% |
| Plant, machinery and equipment | 23 | €75,516 | €69,694 | -€5,822 | -7.7% |
| Furniture and vehicles | 24 | €2,765 | - | -€2,765 | |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €174,387 | €195,839 | +€21,451 | +12.3% |
| Stocks and contracts in progress | 3 | €11,918 | €9,622 | -€2,295 | -19.3% |
| Stocks | 30/36 | €11,918 | €9,622 | -€2,295 | -19.3% |
| Amounts receivable within one year | 40/41 | €20,948 | €28,458 | +€7,510 | +35.9% |
| Trade receivables | 40 | €13,051 | €17,448 | +€4,397 | +33.7% |
| Other amounts receivable | 41 | €7,897 | €11,010 | +€3,113 | +39.4% |
| Cash at bank and in hand | 54/58 | €137,535 | €149,651 | +€12,116 | +8.8% |
| Deferred charges and accrued income | 490/1 | €3,986 | €8,107 | +€4,121 | +103% |
| Total equity and liabilities | 10/49 | €609,029 | €567,445 | -€41,584 | -6.8% |
| Equity | 10/15 | €525,598 | €510,395 | -€15,203 | -2.9% |
| Contributions | 10/11 | €238,892 | €238,892 | = | 0.0% |
| Capital | 10 | €238,892 | €238,892 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,807 | -€22,441 | +€31,365 | +58.3% |
| Investment grants | 15 | €340,513 | €293,945 | -€46,568 | -13.7% |
| Provisions and deferred taxes | 16 | - | €18,395 | +€18,395 | |
| Provisions for liabilities and charges | 160/5 | - | €18,395 | +€18,395 | |
| Other liabilities and charges | 164/5 | - | €18,395 | +€18,395 | |
| Amounts payable | 17/49 | €83,432 | €38,656 | -€44,776 | -53.7% |
| Amounts payable within one year | 42/48 | €83,424 | €38,648 | -€44,776 | -53.7% |
| Trade debts | 44 | €1,515 | €5,556 | +€4,042 | +267% |
| Suppliers | 440/4 | €1,515 | €5,556 | +€4,042 | +267% |
| Taxes, remuneration and social security | 45 | €40,094 | €29,051 | -€11,043 | -27.5% |
| Taxes | 450/3 | €4,064 | €637 | -€3,428 | -84.3% |
| Remuneration and social security | 454/9 | €36,029 | €28,414 | -€7,615 | -21.1% |
| Accrued charges and deferred income | 492/3 | €7 | €7 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €216,023 | €261,400 | +€45,378 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,211 | €79,254 | -€4,957 | -5.9% |
| Other operating charges | 640/8 | €17,932 | €5,608 | -€12,323 | -68.7% |
| Non-recurring operating charges | 66A | €1,079 | - | -€1,079 | |
| Gross operating margin | 9900 | €328,418 | €365,248 | +€36,830 | +11.2% |
| Operating profit (loss) | 9901 | €9,173 | €591 | -€8,582 | -93.6% |
| Financial income | 75/76B | €328 | €32,437 | +€32,109 | +9,799% |
| Recurring financial income | 75 | €52 | €116 | +€64 | +125% |
| Non-recurring financial income | 76B | €276 | €32,321 | +€32,045 | +11,613% |
| Financial charges | 65/66B | €1,461 | €1,662 | +€202 | +13.8% |
| Recurring financial charges | 65 | €1,444 | €1,497 | +€53 | +3.7% |
| Non-recurring financial charges | 66B | €17 | €166 | +€149 | +878% |
| Profit (loss) for the period before taxes | 9903 | €8,040 | €31,365 | +€23,325 | +290% |
| Income taxes | 67/77 | €53 | - | -€53 | |
| Profit (loss) for the period | 9904 | €7,987 | €31,365 | +€23,378 | +293% |
| Profit (loss) for the period to be appropriated | 9905 | €7,987 | €31,365 | +€23,378 | +293% |
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 1 November 2026 via checked.be.