GRANDFILS SRL: 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.
GRANDFILS SRL
Largest movements
- Tangible fixed assets -€18,176
down €18,176 (-25.3%), from €71,823 to €53,647
of which Furniture and vehicles: -€17,637
- Cash +€16,723
up €16,723 (+50.1%), from €33,365 to €50,088
mainly Net result for the year (+€31,284) and Depreciation (+€22,247)
- Receivables within one year -€6,754
down €6,754 (-71.7%), from €9,421 to €2,667
- Current investments +€4,800
up €4,800 (+40.0%), from €12,000 to €16,800
- Deferred charges and accrued income -€2,487
down €2,487 (-7.0%), from €35,562 to €33,076
- Reserves +€31,284
up €31,284 (+42.8%), from €73,119 to €104,403
- Contributions -€18,599
down €18,599 (-100.0%), from €18,600 to €1
- Current portion of long-term debt -€13,699
down €13,699 (-58.2%), from €23,531 to €9,832
- Debts after one year -€9,832
down €9,832 (-40.7%), from €24,154 to €14,322
- Other debts +€5,622
up €5,622 (+28.6%), from €19,690 to €25,312
- Gross operating margin +€3,313
up €3,313 (+5.1%), from €64,902 to €68,214
- Taxes +€1,804
up €1,804 (+17.0%), from €10,636 to €12,440
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 | €162,471 | €156,578 | -€5,893 | -3.6% |
| Fixed assets | 21/28 | €72,123 | €53,947 | -€18,176 | -25.2% |
| Tangible fixed assets | 22/27 | €71,823 | €53,647 | -€18,176 | -25.3% |
| Plant, machinery and equipment | 23 | €1,965 | €1,426 | -€538 | -27.4% |
| Furniture and vehicles | 24 | €69,858 | €52,221 | -€17,637 | -25.2% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €90,348 | €102,630 | +€12,283 | +13.6% |
| Amounts receivable within one year | 40/41 | €9,421 | €2,667 | -€6,754 | -71.7% |
| Other amounts receivable | 41 | €9,421 | €2,667 | -€6,754 | -71.7% |
| Current investments | 50/53 | €12,000 | €16,800 | +€4,800 | +40.0% |
| Cash at bank and in hand | 54/58 | €33,365 | €50,088 | +€16,723 | +50.1% |
| Deferred charges and accrued income | 490/1 | €35,562 | €33,076 | -€2,487 | -7.0% |
| Total equity and liabilities | 10/49 | €162,471 | €156,578 | -€5,893 | -3.6% |
| Equity | 10/15 | €91,719 | €104,404 | +€12,685 | +13.8% |
| Contributions | 10/11 | €18,600 | €1 | -€18,599 | -100.0% |
| Reserves | 13 | €73,119 | €104,403 | +€31,284 | +42.8% |
| Distributable reserves | 133 | €73,119 | €104,403 | +€31,284 | +42.8% |
| Amounts payable | 17/49 | €70,752 | €52,174 | -€18,578 | -26.3% |
| Amounts payable after more than one year | 17 | €24,154 | €14,322 | -€9,832 | -40.7% |
| Financial debts | 170/4 | €24,154 | €14,322 | -€9,832 | -40.7% |
| Amounts payable within one year | 42/48 | €46,598 | €37,816 | -€8,782 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €23,531 | €9,832 | -€13,699 | -58.2% |
| Trade debts | 44 | €2,477 | €1,772 | -€706 | -28.5% |
| Suppliers | 440/4 | €2,477 | €1,772 | -€706 | -28.5% |
| Taxes, remuneration and social security | 45 | €900 | €900 | = | 0.0% |
| Taxes | 450/3 | €900 | €900 | = | 0.0% |
| Other amounts payable | 47/48 | €19,690 | €25,312 | +€5,622 | +28.6% |
| Accrued charges and deferred income | 492/3 | - | €36 | +€36 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,195 | €22,247 | +€52 | +0.2% |
| Other operating charges | 640/8 | €1,645 | €1,042 | -€602 | -36.6% |
| Gross operating margin | 9900 | €64,902 | €68,214 | +€3,313 | +5.1% |
| Operating profit (loss) | 9901 | €41,062 | €44,925 | +€3,863 | +9.4% |
| Financial income | 75/76B | €189 | €356 | +€168 | +89.0% |
| Recurring financial income | 75 | €189 | €356 | +€168 | +89.0% |
| Financial charges | 65/66B | €2,168 | €1,557 | -€611 | -28.2% |
| Recurring financial charges | 65 | €2,168 | €1,557 | -€611 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €39,082 | €43,724 | +€4,641 | +11.9% |
| Income taxes | 67/77 | €10,636 | €12,440 | +€1,804 | +17.0% |
| Profit (loss) for the period | 9904 | €28,447 | €31,284 | +€2,837 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,447 | €31,284 | +€2,837 | +10.0% |
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.