GRANDAIN: 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.
GRANDAIN
Largest movements
- Receivables within one year -€55,225
no longer reported in 2024 (was €55,225)
- Cash +€1,509
up €1,509 (+2,674%), from €56 to €1,566
mainly Receivables within one year (+€55,225)
- Trade debts -€32,633
down €32,633 (-16.3%), from €200,637 to €168,004
- Other debts -€19,480
down €19,480 (-95.1%), from €20,480 to €1,000
- Profit (loss) carried forward -€1,602
down €1,602 (-0.9%), from -€182,752 to -€184,355
- Gross operating margin +€153
up €153 (+10.5%), from -€1,462 to -€1,309
- Financial charges -€95
down €95 (-29.2%), from €325 to €230
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 | €57,992 | €4,277 | -€53,716 | -92.6% |
| Fixed assets | 21/28 | €2,711 | €2,711 | = | 0.0% |
| Financial fixed assets | 28 | €2,711 | €2,711 | = | 0.0% |
| Current assets | 29/58 | €55,281 | €1,566 | -€53,716 | -97.2% |
| Amounts receivable within one year | 40/41 | €55,225 | - | -€55,225 | |
| Trade receivables | 40 | €55,225 | - | -€55,225 | |
| Cash at bank and in hand | 54/58 | €56 | €1,566 | +€1,509 | +2,674% |
| Total equity and liabilities | 10/49 | €57,992 | €4,277 | -€53,716 | -92.6% |
| Equity | 10/15 | -€163,125 | -€164,728 | -€1,602 | -1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,027 | €1,027 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,027 | €1,027 | = | 0.0% |
| Legal reserve | 130 | €1,027 | €1,027 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€182,752 | -€184,355 | -€1,602 | -0.9% |
| Amounts payable | 17/49 | €221,117 | €169,004 | -€52,113 | -23.6% |
| Amounts payable within one year | 42/48 | €221,117 | €169,004 | -€52,113 | -23.6% |
| Trade debts | 44 | €200,637 | €168,004 | -€32,633 | -16.3% |
| Suppliers | 440/4 | €200,637 | €168,004 | -€32,633 | -16.3% |
| Other amounts payable | 47/48 | €20,480 | €1,000 | -€19,480 | -95.1% |
| Other operating charges | 640/8 | €64 | €64 | +€0 | +0.3% |
| Gross operating margin | 9900 | -€1,462 | -€1,309 | +€153 | +10.5% |
| Operating profit (loss) | 9901 | -€1,526 | -€1,373 | +€153 | +10.0% |
| Financial charges | 65/66B | €325 | €230 | -€95 | -29.2% |
| Recurring financial charges | 65 | €325 | €230 | -€95 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,850 | -€1,602 | +€248 | +13.4% |
| Profit (loss) for the period | 9904 | -€1,850 | -€1,602 | +€248 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,850 | -€1,602 | +€248 | +13.4% |
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 14 October 2026 via checked.be.