GRAN BAITA: 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.
GRAN BAITA
Largest movements
- Tangible fixed assets -€20,515
down €20,515 (-6.2%), from €331,158 to €310,643
of which Land and buildings: -€19,166
- Receivables within one year +€10,567
up €10,567 (+4,227%), from €250 to €10,817
of which Other amounts receivable: +€6,973
- Profit (loss) carried forward +€9,518
up €9,518, from -€707 to €8,811
- Trade debts -€8,110
down €8,110 (-38.0%), from €21,343 to €13,233
- Tax, wage and social debts -€7,425
no longer reported in 2024 (was €7,425)
- Other debts -€4,704
down €4,704 (-2.6%), from €181,787 to €177,083
- Advances received +€3,660
up €3,660 (+366%), from €1,000 to €4,660
- Taxes -€15,441
down €15,441 (-79.5%), from €19,420 to €3,979
- Gross operating margin -€6,071
down €6,071 (-10.5%), from €57,626 to €51,555
- Depreciation +€5,805
up €5,805 (+24.9%), from €23,356 to €29,161
- Financial charges +€2,850
up €2,850 (+51.7%), from €5,517 to €8,367
- Purchases and services +€2,518
up €2,518 (+10.6%), from €23,851 to €26,369
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.
Derived cash bridge
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 | €337,717 | €330,706 | -€7,011 | -2.1% |
| Fixed assets | 21/28 | €331,158 | €310,643 | -€20,515 | -6.2% |
| Tangible fixed assets | 22/27 | €331,158 | €310,643 | -€20,515 | -6.2% |
| Land and buildings | 22 | €322,972 | €303,806 | -€19,166 | -5.9% |
| Furniture and vehicles | 24 | €8,186 | €6,837 | -€1,349 | -16.5% |
| Current assets | 29/58 | €6,559 | €20,063 | +€13,504 | +206% |
| Amounts receivable within one year | 40/41 | €250 | €10,817 | +€10,567 | +4,227% |
| Trade receivables | 40 | €250 | €3,844 | +€3,594 | +1,438% |
| Other amounts receivable | 41 | - | €6,973 | +€6,973 | |
| Cash at bank and in hand | 54/58 | €6,309 | €9,246 | +€2,937 | +46.6% |
| Total equity and liabilities | 10/49 | €337,717 | €330,706 | -€7,011 | -2.1% |
| Equity | 10/15 | €101,162 | €110,680 | +€9,518 | +9.4% |
| Contributions | 10/11 | €74,367 | €74,367 | = | 0.0% |
| Capital | 10 | €74,367 | €74,367 | = | 0.0% |
| Issued capital | 100 | €74,367 | €74,367 | = | 0.0% |
| Reserves | 13 | €27,502 | €27,502 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €20,065 | €20,065 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€707 | €8,811 | +€9,518 | |
| Amounts payable | 17/49 | €236,555 | €220,026 | -€16,529 | -7.0% |
| Amounts payable within one year | 42/48 | €236,555 | €220,026 | -€16,529 | -7.0% |
| Financial debts | 43 | €25,000 | €25,050 | +€50 | +0.2% |
| Credit institutions | 430/8 | - | €50 | +€50 | |
| Other loans | 439 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €21,343 | €13,233 | -€8,110 | -38.0% |
| Suppliers | 440/4 | €21,343 | €13,233 | -€8,110 | -38.0% |
| Advances received on contracts in progress | 46 | €1,000 | €4,660 | +€3,660 | +366% |
| Taxes, remuneration and social security | 45 | €7,425 | - | -€7,425 | |
| Taxes | 450/3 | €7,425 | - | -€7,425 | |
| Other amounts payable | 47/48 | €181,787 | €177,083 | -€4,704 | -2.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €23,851 | €26,369 | +€2,518 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,356 | €29,161 | +€5,805 | +24.9% |
| Other operating charges | 640/8 | €2,189 | €2,368 | +€179 | +8.2% |
| Non-recurring operating charges | 66A | - | €50 | +€50 | |
| Gross operating margin | 9900 | €57,626 | €51,555 | -€6,071 | -10.5% |
| Operating profit (loss) | 9901 | €32,081 | €19,976 | -€12,105 | -37.7% |
| Financial income | 75/76B | - | €1,888 | +€1,888 | |
| Recurring financial income | 75 | - | €1,001 | +€1,001 | |
| Non-recurring financial income | 76B | - | €887 | +€887 | |
| Financial charges | 65/66B | €5,517 | €8,367 | +€2,850 | +51.7% |
| Recurring financial charges | 65 | €5,517 | €8,367 | +€2,850 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | €26,564 | €13,497 | -€13,067 | -49.2% |
| Income taxes | 67/77 | €19,420 | €3,979 | -€15,441 | -79.5% |
| Profit (loss) for the period | 9904 | €7,144 | €9,518 | +€2,374 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,144 | €9,518 | +€2,374 | +33.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.