GRAND LARGE: 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.
GRAND LARGE
Largest movements
- Receivables within one year -€65,910
down €65,910 (-95.1%), from €69,284 to €3,373
- Tangible fixed assets -€25,224
down €25,224 (-7.4%), from €339,665 to €314,442
of which Land and buildings: -€15,926
- Cash -€6,566
down €6,566 (-77.8%), from €8,436 to €1,870
mainly Contributions, distributions and other (-€147,000) and Other debts (-€57,207)
- Other debts -€57,207
down €57,207 (-40.8%), from €140,322 to €83,116
- Debts after one year -€24,506
down €24,506 (-59.7%), from €41,035 to €16,528
- Trade debts -€16,483
down €16,483 (-29.1%), from €56,638 to €40,155
- Gross operating margin +€86,648
up €86,648 (+87.6%), from €98,888 to €185,536
- Financial income -€3,581
down €3,581 (-99.9%), from €3,583 to €2
- Financial charges -€1,940
down €1,940 (-22.9%), from €8,487 to €6,547
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 | €435,395 | €335,606 | -€99,789 | -22.9% |
| Fixed assets | 21/28 | €339,665 | €314,442 | -€25,224 | -7.4% |
| Tangible fixed assets | 22/27 | €339,665 | €314,442 | -€25,224 | -7.4% |
| Land and buildings | 22 | €306,498 | €290,572 | -€15,926 | -5.2% |
| Plant, machinery and equipment | 23 | €2,800 | €1,303 | -€1,497 | -53.5% |
| Furniture and vehicles | 24 | €30,367 | €22,567 | -€7,800 | -25.7% |
| Current assets | 29/58 | €95,730 | €21,164 | -€74,566 | -77.9% |
| Amounts receivable after more than one year | 29 | €13,798 | €13,798 | = | 0.0% |
| Other amounts receivable | 291 | €13,798 | €13,798 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,162 | €1,026 | -€2,136 | -67.6% |
| Stocks | 30/36 | €3,162 | €1,026 | -€2,136 | -67.6% |
| Amounts receivable within one year | 40/41 | €69,284 | €3,373 | -€65,910 | -95.1% |
| Other amounts receivable | 41 | €69,284 | €3,373 | -€65,910 | -95.1% |
| Cash at bank and in hand | 54/58 | €8,436 | €1,870 | -€6,566 | -77.8% |
| Deferred charges and accrued income | 490/1 | €1,051 | €1,097 | +€46 | +4.4% |
| Total equity and liabilities | 10/49 | €435,395 | €335,606 | -€99,789 | -22.9% |
| Equity | 10/15 | €133,009 | €133,233 | +€224 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €71,589 | €71,589 | = | 0.0% |
| Reserves | 13 | €42,820 | €43,044 | +€224 | +0.5% |
| Distributable reserves | 133 | €42,820 | €43,044 | +€224 | +0.5% |
| Amounts payable | 17/49 | €302,386 | €202,373 | -€100,014 | -33.1% |
| Amounts payable after more than one year | 17 | €41,035 | €16,528 | -€24,506 | -59.7% |
| Financial debts | 170/4 | €41,035 | €16,528 | -€24,506 | -59.7% |
| Amounts payable within one year | 42/48 | €261,352 | €185,844 | -€75,507 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €25,605 | €24,506 | -€1,098 | -4.3% |
| Financial debts | 43 | €33,383 | €32,442 | -€941 | -2.8% |
| Credit institutions | 430/8 | €33,383 | €32,442 | -€941 | -2.8% |
| Trade debts | 44 | €56,638 | €40,155 | -€16,483 | -29.1% |
| Suppliers | 440/4 | €56,638 | €40,155 | -€16,483 | -29.1% |
| Taxes, remuneration and social security | 45 | €5,403 | €5,625 | +€222 | +4.1% |
| Taxes | 450/3 | €5,403 | €5,625 | +€222 | +4.1% |
| Other amounts payable | 47/48 | €140,322 | €83,116 | -€57,207 | -40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,224 | €25,224 | = | 0.0% |
| Other operating charges | 640/8 | €5,504 | €4,825 | -€680 | -12.3% |
| Gross operating margin | 9900 | €98,888 | €185,536 | +€86,648 | +87.6% |
| Operating profit (loss) | 9901 | €68,160 | €155,488 | +€87,328 | +128% |
| Financial income | 75/76B | €3,583 | €2 | -€3,581 | -99.9% |
| Recurring financial income | 75 | €3,583 | €2 | -€3,581 | -99.9% |
| Financial charges | 65/66B | €8,487 | €6,547 | -€1,940 | -22.9% |
| Recurring financial charges | 65 | €8,487 | €6,547 | -€1,940 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €63,256 | €148,942 | +€85,687 | +135% |
| Income taxes | 67/77 | €3,547 | €1,718 | -€1,829 | -51.6% |
| Profit (loss) for the period | 9904 | €59,709 | €147,224 | +€87,516 | +147% |
| Profit (loss) for the period to be appropriated | 9905 | €59,709 | €147,224 | +€87,516 | +147% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.