GRAND PARADIS: 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 PARADIS
Largest movements
- Tangible fixed assets +€2.2m
up €2.2m (+50.6%), from €4.4m to €6.6m
of which Assets under construction and advance payments: +€2.2m
- Other debts +€2.5m
up €2.5m (+54.8%), from €4.5m to €7.0m
- Trade debts -€105,668
down €105,668 (-49.7%), from €212,714 to €107,045
- Profit (loss) carried forward -€86,039
down €86,039 (-31.5%), from -€272,821 to -€358,860
- Gross operating margin -€11,956
down €11,956 (-16.4%), from -€73,058 to -€85,014
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 | €4,485,609 | €6,773,214 | +€2.3m | +51.0% |
| Fixed assets | 21/28 | €4,392,959 | €6,616,182 | +€2.2m | +50.6% |
| Tangible fixed assets | 22/27 | €4,392,459 | €6,615,682 | +€2.2m | +50.6% |
| Land and buildings | 22 | €1,742,320 | €1,742,320 | = | 0.0% |
| Plant, machinery and equipment | 23 | €10,000 | - | -€10,000 | |
| Assets under construction and advance payments | 27 | €2,640,139 | €4,873,362 | +€2.2m | +84.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €92,650 | €157,032 | +€64,382 | +69.5% |
| Amounts receivable within one year | 40/41 | €977 | - | -€977 | |
| Trade receivables | 40 | €977 | - | -€977 | |
| Cash at bank and in hand | 54/58 | €88,614 | €149,518 | +€60,904 | +68.7% |
| Deferred charges and accrued income | 490/1 | €3,059 | €7,514 | +€4,455 | +146% |
| Total equity and liabilities | 10/49 | €4,485,609 | €6,773,214 | +€2.3m | +51.0% |
| Equity | 10/15 | -€252,821 | -€338,860 | -€86,039 | -34.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€272,821 | -€358,860 | -€86,039 | -31.5% |
| Amounts payable | 17/49 | €4,738,430 | €7,112,074 | +€2.4m | +50.1% |
| Amounts payable within one year | 42/48 | €4,738,430 | €7,112,074 | +€2.4m | +50.1% |
| Trade debts | 44 | €212,714 | €107,045 | -€105,668 | -49.7% |
| Suppliers | 440/4 | €212,714 | €107,045 | -€105,668 | -49.7% |
| Other amounts payable | 47/48 | €4,525,716 | €7,005,029 | +€2.5m | +54.8% |
| Other operating charges | 640/8 | €1,061 | €1,094 | +€34 | +3.2% |
| Gross operating margin | 9900 | -€73,058 | -€85,014 | -€11,956 | -16.4% |
| Operating profit (loss) | 9901 | -€74,119 | -€86,108 | -€11,989 | -16.2% |
| Financial income | 75/76B | - | €413 | +€413 | |
| Recurring financial income | 75 | - | €413 | +€413 | |
| Financial charges | 65/66B | €241 | €344 | +€104 | +43.1% |
| Recurring financial charges | 65 | €241 | €344 | +€104 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | -€74,359 | -€86,039 | -€11,680 | -15.7% |
| Profit (loss) for the period | 9904 | -€74,359 | -€86,039 | -€11,680 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,359 | -€86,039 | -€11,680 | -15.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.