GRAND 5 GROUP: what changed
GRAND 5 GROUP
Largest movements
- Receivables within one year +€54,668
up €54,668 (+293%), from €18,681 to €73,349
of which Trade receivables: +€61,684
- Tangible fixed assets -€9,550
down €9,550 (-20.0%), from €47,750 to €38,200
- Cash -€3,947
down €3,947 (-42.6%), from €9,272 to €5,325
mainly Receivables within one year (-€54,668) and Other debts (-€18,084)
- Trade debts +€40,274
up €40,274 (+246%), from €16,339 to €56,613
- Other debts -€18,084
no longer reported in 2024 (was €18,084)
- Profit (loss) carried forward +€16,006
up €16,006 (+241%), from €6,638 to €22,643
- Accrued charges and deferred income +€2,104
new in 2024: €2,104
- Purchases and services +€85,561
up €85,561 (+51.0%), from €167,687 to €253,249
- Gross operating margin +€56,416
up €56,416 (+95.0%), from €59,362 to €115,778
- Staff costs +€26,835
up €26,835 (+53.5%), from €50,203 to €77,037
- Depreciation +€9,550
new in 2024: €9,550
- Other operating charges +€6,686
up €6,686 (+1,081%), from €618 to €7,305
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,702 | €135,874 | +€41,172 | +43.5% |
| Fixed assets | 21/28 | €66,750 | €57,200 | -€9,550 | -14.3% |
| Tangible fixed assets | 22/27 | €47,750 | €38,200 | -€9,550 | -20.0% |
| Furniture and vehicles | 24 | €47,750 | €38,200 | -€9,550 | -20.0% |
| Financial fixed assets | 28 | €19,000 | €19,000 | = | 0.0% |
| Current assets | 29/58 | €27,952 | €78,674 | +€50,722 | +181% |
| Amounts receivable within one year | 40/41 | €18,681 | €73,349 | +€54,668 | +293% |
| Trade receivables | 40 | €11,665 | €73,349 | +€61,684 | +529% |
| Other amounts receivable | 41 | €7,016 | - | -€7,016 | |
| Cash at bank and in hand | 54/58 | €9,272 | €5,325 | -€3,947 | -42.6% |
| Total equity and liabilities | 10/49 | €94,702 | €135,874 | +€41,172 | +43.5% |
| Equity | 10/15 | €31,638 | €47,643 | +€16,006 | +50.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,638 | €22,643 | +€16,006 | +241% |
| Amounts payable | 17/49 | €63,065 | €88,231 | +€25,166 | +39.9% |
| Amounts payable within one year | 42/48 | €63,065 | €86,127 | +€23,063 | +36.6% |
| Trade debts | 44 | €16,339 | €56,613 | +€40,274 | +246% |
| Suppliers | 440/4 | €16,339 | €56,613 | +€40,274 | +246% |
| Taxes, remuneration and social security | 45 | €28,642 | €29,515 | +€873 | +3.0% |
| Taxes | 450/3 | €17,658 | €23,354 | +€5,696 | +32.3% |
| Remuneration and social security | 454/9 | €10,985 | €6,161 | -€4,823 | -43.9% |
| Other amounts payable | 47/48 | €18,084 | - | -€18,084 | |
| Accrued charges and deferred income | 492/3 | - | €2,104 | +€2,104 | |
| Goods, raw materials, services and sundry goods | 60/61 | €167,687 | €253,249 | +€85,561 | +51.0% |
| Remuneration, social security and pensions | 62 | €50,203 | €77,037 | +€26,835 | +53.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,550 | +€9,550 | |
| Other operating charges | 640/8 | €618 | €7,305 | +€6,686 | +1,081% |
| Gross operating margin | 9900 | €59,362 | €115,778 | +€56,416 | +95.0% |
| Operating profit (loss) | 9901 | €8,541 | €21,886 | +€13,345 | +156% |
| Financial income | 75/76B | €44 | €158 | +€114 | +259% |
| Recurring financial income | 75 | €44 | €158 | +€114 | +259% |
| Financial charges | 65/66B | €230 | €855 | +€625 | +271% |
| Recurring financial charges | 65 | €230 | €855 | +€625 | +271% |
| Profit (loss) for the period before taxes | 9903 | €8,355 | €21,190 | +€12,835 | +154% |
| Income taxes | 67/77 | €1,717 | €5,184 | +€3,467 | +202% |
| Profit (loss) for the period | 9904 | €6,638 | €16,006 | +€9,368 | +141% |
| Profit (loss) for the period to be appropriated | 9905 | €6,638 | €16,006 | +€9,368 | +141% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.