GRANDPLACE: 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.
GRANDPLACE
Largest movements
- Cash +€38,093
up €38,093 (+115%), from €33,255 to €71,348
mainly Other debts (+€83,094) and Receivables within one year (+€29,295)
- Receivables within one year -€29,295
down €29,295 (-39.2%), from €74,714 to €45,419
- Deferred charges and accrued income -€3,816
down €3,816 (-96.2%), from €3,966 to €150
- Other debts +€83,094
up €83,094 (+825%), from €10,074 to €93,168
- Profit (loss) carried forward -€61,429
down €61,429 (-140%), from -€44,022 to -€105,451
- Trade debts -€27,598
down €27,598 (-89.7%), from €30,757 to €3,158
- Tax, wage and social debts +€14,487
up €14,487 (+74.0%), from €19,565 to €34,052
of which Remuneration and social security: +€17,976
- Contributions -€12,400
no longer reported in 2024 (was €12,400)
- Gross operating margin -€45,917
down €45,917 (-37.4%), from €122,828 to €76,911
- Staff costs +€3,161
up €3,161 (+2.6%), from €123,921 to €127,081
- Taxes +€2,778
up €2,778, from -€2,257 to €521
- Depreciation -€2,429
down €2,429 (-34.2%), from €7,094 to €4,665
- Financial charges -€1,406
down €1,406 (-29.1%), from €4,838 to €3,432
of which Non-recurring financial charges: -€2,818
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 | €123,941 | €128,438 | +€4,497 | +3.6% |
| Fixed assets | 21/28 | €12,006 | €11,521 | -€485 | -4.0% |
| Tangible fixed assets | 22/27 | €11,956 | €11,471 | -€485 | -4.1% |
| Furniture and vehicles | 24 | €690 | €334 | -€356 | -51.6% |
| Other tangible fixed assets | 26 | €11,266 | €11,137 | -€129 | -1.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €111,935 | €116,917 | +€4,981 | +4.5% |
| Amounts receivable within one year | 40/41 | €74,714 | €45,419 | -€29,295 | -39.2% |
| Trade receivables | 40 | €74,714 | €45,419 | -€29,295 | -39.2% |
| Cash at bank and in hand | 54/58 | €33,255 | €71,348 | +€38,093 | +115% |
| Deferred charges and accrued income | 490/1 | €3,966 | €150 | -€3,816 | -96.2% |
| Total equity and liabilities | 10/49 | €123,941 | €128,438 | +€4,497 | +3.6% |
| Equity | 10/15 | €52,399 | -€9,030 | -€61,429 | |
| Contributions | 10/11 | €12,400 | - | -€12,400 | |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €84,021 | €96,421 | +€12,400 | +14.8% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €82,161 | €96,421 | +€14,260 | +17.4% |
| Profit (loss) carried forward | 14 | -€44,022 | -€105,451 | -€61,429 | -140% |
| Amounts payable | 17/49 | €71,542 | €137,468 | +€65,925 | +92.1% |
| Amounts payable after more than one year | 17 | €7,089 | €3,433 | -€3,656 | -51.6% |
| Financial debts | 170/4 | €7,089 | €3,433 | -€3,656 | -51.6% |
| Amounts payable within one year | 42/48 | €64,453 | €134,034 | +€69,582 | +108% |
| Current portion of amounts payable after more than one year | 42 | €4,058 | €3,656 | -€401 | -9.9% |
| Trade debts | 44 | €30,757 | €3,158 | -€27,598 | -89.7% |
| Suppliers | 440/4 | €30,757 | €3,158 | -€27,598 | -89.7% |
| Taxes, remuneration and social security | 45 | €19,565 | €34,052 | +€14,487 | +74.0% |
| Taxes | 450/3 | €18,195 | €14,707 | -€3,489 | -19.2% |
| Remuneration and social security | 454/9 | €1,369 | €19,345 | +€17,976 | +1,313% |
| Other amounts payable | 47/48 | €10,074 | €93,168 | +€83,094 | +825% |
| Remuneration, social security and pensions | 62 | €123,921 | €127,081 | +€3,161 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,094 | €4,665 | -€2,429 | -34.2% |
| Other operating charges | 640/8 | €1,306 | €2,641 | +€1,335 | +102% |
| Gross operating margin | 9900 | €122,828 | €76,911 | -€45,917 | -37.4% |
| Operating profit (loss) | 9901 | -€9,492 | -€57,476 | -€47,984 | -505% |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €4,838 | €3,432 | -€1,406 | -29.1% |
| Recurring financial charges | 65 | €2,020 | €3,432 | +€1,412 | +69.9% |
| Non-recurring financial charges | 66B | €2,818 | - | -€2,818 | |
| Profit (loss) for the period before taxes | 9903 | -€14,320 | -€60,908 | -€46,588 | -325% |
| Income taxes | 67/77 | -€2,257 | €521 | +€2,778 | |
| Profit (loss) for the period | 9904 | -€12,062 | -€61,429 | -€49,367 | -409% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,062 | -€61,429 | -€49,367 | -409% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.