GRAMA GROUP: 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.
GRAMA GROUP
Largest movements
- Tangible fixed assets +€26,631
up €26,631 (+55.9%), from €47,607 to €74,238
- Receivables within one year -€25,275
down €25,275 (-40.9%), from €61,739 to €36,464
of which Trade receivables: -€25,105
- Cash -€3,535
down €3,535 (-35.3%), from €10,027 to €6,492
mainly Net result for the year (-€53,340) and Investment in fixed assets (net) (-€40,215)
- Profit (loss) carried forward -€53,340
down €53,340, from €36,934 to -€16,407
- Debts after one year +€39,806
up €39,806 (+70.8%), from €56,239 to €96,045
- Current portion of long-term debt +€12,466
up €12,466 (+97.9%), from €12,728 to €25,194
- Trade debts +€10,920
up €10,920 (+269.4%), from €4,054 to €14,974
- Other debts -€7,438
down €7,438 (-92.9%), from €8,010 to €572
- Gross operating margin -€48,603
down €48,603, from €48,036 to -€566
- Other operating charges +€12,807
up €12,807 (+71.7%), from €17,854 to €30,662
- Depreciation +€7,066
up €7,066 (+108.4%), from €6,518 to €13,584
- Taxes -€5,238
no longer reported in 2024 (was €5,238)
- Staff costs +€5,051
new in 2024: €5,051
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,232 | €133,644 | -€2,588 | -1.9% |
| Fixed assets | 21/28 | €64,057 | €90,688 | +€26,631 | +41.6% |
| Tangible fixed assets | 22/27 | €47,607 | €74,238 | +€26,631 | +55.9% |
| Furniture and vehicles | 24 | €47,607 | €74,238 | +€26,631 | +55.9% |
| Financial fixed assets | 28 | €16,450 | €16,450 | = | 0.0% |
| Current assets | 29/58 | €72,175 | €42,956 | -€29,219 | -40.5% |
| Amounts receivable within one year | 40/41 | €61,739 | €36,464 | -€25,275 | -40.9% |
| Trade receivables | 40 | €52,447 | €27,342 | -€25,105 | -47.9% |
| Other amounts receivable | 41 | €9,292 | €9,122 | -€170 | -1.8% |
| Cash at bank and in hand | 54/58 | €10,027 | €6,492 | -€3,535 | -35.3% |
| Deferred charges and accrued income | 490/1 | €409 | - | -€409 | |
| Total equity and liabilities | 10/49 | €136,232 | €133,644 | -€2,588 | -1.9% |
| Equity | 10/15 | €41,934 | -€11,407 | -€53,340 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €36,934 | -€16,407 | -€53,340 | |
| Amounts payable | 17/49 | €94,298 | €145,051 | +€50,752 | +53.8% |
| Amounts payable after more than one year | 17 | €56,239 | €96,045 | +€39,806 | +70.8% |
| Financial debts | 170/4 | €56,239 | €96,045 | +€39,806 | +70.8% |
| Amounts payable within one year | 42/48 | €38,060 | €49,006 | +€10,946 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €12,728 | €25,194 | +€12,466 | +97.9% |
| Trade debts | 44 | €4,054 | €14,974 | +€10,920 | +269.4% |
| Suppliers | 440/4 | €4,054 | €14,974 | +€10,920 | +269.4% |
| Taxes, remuneration and social security | 45 | €13,268 | €8,266 | -€5,002 | -37.7% |
| Taxes | 450/3 | €8,768 | €5,288 | -€3,479 | -39.7% |
| Remuneration and social security | 454/9 | €4,500 | €2,978 | -€1,522 | -33.8% |
| Other amounts payable | 47/48 | €8,010 | €572 | -€7,438 | -92.9% |
| Remuneration, social security and pensions | 62 | - | €5,051 | +€5,051 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,518 | €13,584 | +€7,066 | +108.4% |
| Other operating charges | 640/8 | €17,854 | €30,662 | +€12,807 | +71.7% |
| Gross operating margin | 9900 | €48,036 | -€566 | -€48,603 | |
| Operating profit (loss) | 9901 | €23,664 | -€49,863 | -€73,527 | |
| Financial charges | 65/66B | €1,048 | €3,477 | +€2,430 | +231.9% |
| Recurring financial charges | 65 | €1,048 | €3,477 | +€2,430 | +231.9% |
| Profit (loss) for the period before taxes | 9903 | €22,616 | -€53,340 | -€75,956 | |
| Income taxes | 67/77 | €5,238 | - | -€5,238 | |
| Profit (loss) for the period | 9904 | €17,378 | -€53,340 | -€70,718 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,378 | -€53,340 | -€70,718 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.