Grandstand: 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.
Grandstand
Largest movements
- Receivables within one year +€1,191
up €1,191 (+137%), from €867 to €2,057
- Cash -€459
down €459 (-37.1%), from €1,235 to €777
mainly Net result for the year (-€3,006) and Receivables within one year (-€1,191)
- Other debts +€3,600
up €3,600 (+144%), from €2,500 to €6,100
- Profit (loss) carried forward -€3,006
down €3,006 (-49.0%), from -€6,138 to -€9,143
- Trade debts +€138
up €138 (+18.6%), from €739 to €877
- Gross operating margin -€1,197
down €1,197 (-101%), from -€1,190 to -€2,388
- Other operating charges -€297
down €297 (-43.4%), from €684 to €387
- Financial charges -€113
down €113 (-32.9%), from €344 to €231
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 | €2,102 | €2,834 | +€732 | +34.8% |
| Current assets | 29/58 | €2,102 | €2,834 | +€732 | +34.8% |
| Amounts receivable within one year | 40/41 | €867 | €2,057 | +€1,191 | +137% |
| Other amounts receivable | 41 | €867 | €2,057 | +€1,191 | +137% |
| Cash at bank and in hand | 54/58 | €1,235 | €777 | -€459 | -37.1% |
| Total equity and liabilities | 10/49 | €2,102 | €2,834 | +€732 | +34.8% |
| Equity | 10/15 | -€1,138 | -€4,143 | -€3,006 | -264% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,138 | -€9,143 | -€3,006 | -49.0% |
| Amounts payable | 17/49 | €3,239 | €6,977 | +€3,738 | +115% |
| Amounts payable within one year | 42/48 | €3,239 | €6,977 | +€3,738 | +115% |
| Trade debts | 44 | €739 | €877 | +€138 | +18.6% |
| Suppliers | 440/4 | €739 | €877 | +€138 | +18.6% |
| Other amounts payable | 47/48 | €2,500 | €6,100 | +€3,600 | +144% |
| Other operating charges | 640/8 | €684 | €387 | -€297 | -43.4% |
| Gross operating margin | 9900 | -€1,190 | -€2,388 | -€1,197 | -101% |
| Operating profit (loss) | 9901 | -€1,875 | -€2,775 | -€900 | -48.0% |
| Financial charges | 65/66B | €344 | €231 | -€113 | -32.9% |
| Recurring financial charges | 65 | €344 | €231 | -€113 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,219 | -€3,006 | -€787 | -35.5% |
| Profit (loss) for the period | 9904 | -€2,219 | -€3,006 | -€787 | -35.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,219 | -€3,006 | -€787 | -35.5% |
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 24 October 2026 via checked.be.