GRANDIS SOLUTIONS: 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.
GRANDIS SOLUTIONS
Largest movements
- Tangible fixed assets +€16,869
up €16,869 (+495%), from €3,411 to €20,280
- Receivables within one year +€16,327
up €16,327 (+45.8%), from €35,622 to €51,948
of which Other amounts receivable: +€18,622
- Cash -€4,664
down €4,664 (-67.7%), from €6,889 to €2,224
mainly Investment in fixed assets (net) (-€21,050) and Receivables within one year (-€16,327)
- Deferred charges and accrued income -€853
down €853 (-28.7%), from €2,969 to €2,116
- Reserves +€12,992
up €12,992 (+63.7%), from €20,398 to €33,390
- Debts after one year +€9,723
new in 2025: €9,723
- Current portion of long-term debt +€6,561
new in 2025: €6,561
- Trade debts -€900
no longer reported in 2025 (was €900)
- Gross operating margin -€10,575
down €10,575 (-26.4%), from €40,124 to €29,549
- Taxes -€3,124
down €3,124 (-29.2%), from €10,711 to €7,587
- Depreciation +€2,458
up €2,458 (+143%), from €1,722 to €4,181
- Financial income +€931
up €931 (+213%), from €437 to €1,368
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 | €49,790 | €77,469 | +€27,679 | +55.6% |
| Fixed assets | 21/28 | €4,311 | €21,180 | +€16,869 | +391% |
| Tangible fixed assets | 22/27 | €3,411 | €20,280 | +€16,869 | +495% |
| Furniture and vehicles | 24 | €3,411 | €20,280 | +€16,869 | +495% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €45,479 | €56,289 | +€10,810 | +23.8% |
| Amounts receivable within one year | 40/41 | €35,622 | €51,948 | +€16,327 | +45.8% |
| Trade receivables | 40 | €19,784 | €17,489 | -€2,295 | -11.6% |
| Other amounts receivable | 41 | €15,838 | €34,460 | +€18,622 | +118% |
| Cash at bank and in hand | 54/58 | €6,889 | €2,224 | -€4,664 | -67.7% |
| Deferred charges and accrued income | 490/1 | €2,969 | €2,116 | -€853 | -28.7% |
| Total equity and liabilities | 10/49 | €49,790 | €77,469 | +€27,679 | +55.6% |
| Equity | 10/15 | €38,990 | €51,982 | +€12,992 | +33.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €20,398 | €33,390 | +€12,992 | +63.7% |
| Distributable reserves | 133 | €20,398 | €33,390 | +€12,992 | +63.7% |
| Amounts payable | 17/49 | €10,800 | €25,487 | +€14,687 | +136% |
| Amounts payable after more than one year | 17 | - | €9,723 | +€9,723 | |
| Financial debts | 170/4 | - | €9,723 | +€9,723 | |
| Amounts payable within one year | 42/48 | €10,800 | €15,749 | +€4,949 | +45.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6,561 | +€6,561 | |
| Financial debts | 43 | €9,189 | €9,188 | -€1 | 0.0% |
| Other loans | 439 | €9,189 | €9,188 | -€1 | 0.0% |
| Trade debts | 44 | €900 | - | -€900 | |
| Suppliers | 440/4 | €900 | - | -€900 | |
| Taxes, remuneration and social security | 45 | €711 | - | -€711 | |
| Taxes | 450/3 | €711 | - | -€711 | |
| Accrued charges and deferred income | 492/3 | - | €15 | +€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,722 | €4,181 | +€2,458 | +143% |
| Other operating charges | 640/8 | €1,267 | €1,621 | +€353 | +27.9% |
| Gross operating margin | 9900 | €40,124 | €29,549 | -€10,575 | -26.4% |
| Operating profit (loss) | 9901 | €37,134 | €23,748 | -€13,386 | -36.0% |
| Financial income | 75/76B | €437 | €1,368 | +€931 | +213% |
| Recurring financial income | 75 | €437 | €1,368 | +€931 | +213% |
| Financial charges | 65/66B | €4,501 | €4,538 | +€37 | +0.8% |
| Recurring financial charges | 65 | €4,501 | €4,538 | +€37 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €33,070 | €20,579 | -€12,491 | -37.8% |
| Income taxes | 67/77 | €10,711 | €7,587 | -€3,124 | -29.2% |
| Profit (loss) for the period | 9904 | €22,359 | €12,992 | -€9,367 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,359 | €12,992 | -€9,367 | -41.9% |
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 20 October 2026 via checked.be.