GRANA: 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.
GRANA
Largest movements
- Cash -€3,852
down €3,852 (-64.1%), from €6,005 to €2,154
mainly Trade debts (-€3,864) and Net result for the year (-€3,308)
- Receivables within one year -€173
down €173 (-2.7%), from €6,512 to €6,339
of which Trade receivables: -€434
- Trade debts -€3,864
down €3,864 (-94.8%), from €4,076 to €212
- Profit (loss) carried forward -€3,308
down €3,308 (-22.0%), from -€15,058 to -€18,366
- Other debts +€2,935
up €2,935 (+46.5%), from €6,307 to €9,242
- Tax, wage and social debts +€213
new in 2025: €213
- Gross operating margin -€12,415
down €12,415, from €10,574 to -€1,841
- Other operating charges -€557
down €557 (-40.2%), from €1,385 to €829
- Financial charges +€360
up €360 (+129.8%), from €278 to €638
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 | €13,918 | €9,893 | -€4,025 | -28.9% |
| Current assets | 29/58 | €13,918 | €9,893 | -€4,025 | -28.9% |
| Stocks and contracts in progress | 3 | €1,400 | €1,400 | = | 0.0% |
| Stocks | 30/36 | €1,400 | €1,400 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,512 | €6,339 | -€173 | -2.7% |
| Trade receivables | 40 | €5,919 | €5,484 | -€434 | -7.3% |
| Other amounts receivable | 41 | €594 | €855 | +€261 | +44.0% |
| Cash at bank and in hand | 54/58 | €6,005 | €2,154 | -€3,852 | -64.1% |
| Total equity and liabilities | 10/49 | €13,918 | €9,893 | -€4,025 | -28.9% |
| Equity | 10/15 | €3,535 | €226 | -€3,308 | -93.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,058 | -€18,366 | -€3,308 | -22.0% |
| Amounts payable | 17/49 | €10,383 | €9,667 | -€716 | -6.9% |
| Amounts payable within one year | 42/48 | €10,383 | €9,667 | -€716 | -6.9% |
| Trade debts | 44 | €4,076 | €212 | -€3,864 | -94.8% |
| Suppliers | 440/4 | €4,076 | €212 | -€3,864 | -94.8% |
| Taxes, remuneration and social security | 45 | - | €213 | +€213 | |
| Taxes | 450/3 | - | €213 | +€213 | |
| Other amounts payable | 47/48 | €6,307 | €9,242 | +€2,935 | +46.5% |
| Other operating charges | 640/8 | €1,385 | €829 | -€557 | -40.2% |
| Gross operating margin | 9900 | €10,574 | -€1,841 | -€12,415 | |
| Operating profit (loss) | 9901 | €9,189 | -€2,670 | -€11,859 | |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €278 | €638 | +€360 | +129.8% |
| Recurring financial charges | 65 | €278 | €638 | +€360 | +129.8% |
| Profit (loss) for the period before taxes | 9903 | €8,918 | -€3,308 | -€12,227 | |
| Profit (loss) for the period | 9904 | €8,918 | -€3,308 | -€12,227 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,918 | -€3,308 | -€12,227 |
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 3 October 2026 via checked.be.