GRANEL: 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.
GRANEL
Largest movements
- Receivables within one year -€8,671
down €8,671 (-35.9%), from €24,156 to €15,485
of which Trade receivables: -€8,878
- Cash -€5,711
down €5,711 (-93.4%), from €6,114 to €403
mainly Net result for the year (-€16,043) and Other debts (-€1,101)
- Tangible fixed assets -€2,461
down €2,461 (-34.4%), from €7,148 to €4,687
of which Plant, machinery and equipment: -€1,892
- Profit (loss) carried forward -€16,043
down €16,043, from €15,808 to -€235
- Other debts -€1,101
down €1,101 (-12.5%), from €8,793 to €7,692
- Gross operating margin -€14,344
down €14,344, from €3,045 to -€11,299
- Financial charges +€760
up €760 (+307.2%), from €248 to €1,008
- Depreciation -€210
down €210 (-6.7%), from €3,153 to €2,942
- Other operating charges +€184
up €184 (+30.1%), from €612 to €796
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,909 | €21,995 | -€16,914 | -43.5% |
| Fixed assets | 21/28 | €8,268 | €5,807 | -€2,461 | -29.8% |
| Tangible fixed assets | 22/27 | €7,148 | €4,687 | -€2,461 | -34.4% |
| Plant, machinery and equipment | 23 | €5,316 | €3,424 | -€1,892 | -35.6% |
| Furniture and vehicles | 24 | €1,832 | €1,263 | -€569 | -31.1% |
| Financial fixed assets | 28 | €1,120 | €1,120 | = | 0.0% |
| Current assets | 29/58 | €30,641 | €16,188 | -€14,453 | -47.2% |
| Amounts receivable within one year | 40/41 | €24,156 | €15,485 | -€8,671 | -35.9% |
| Trade receivables | 40 | €22,572 | €13,694 | -€8,878 | -39.3% |
| Other amounts receivable | 41 | €1,584 | €1,791 | +€207 | +13.1% |
| Cash at bank and in hand | 54/58 | €6,114 | €403 | -€5,711 | -93.4% |
| Deferred charges and accrued income | 490/1 | €371 | €300 | -€71 | -19.1% |
| Total equity and liabilities | 10/49 | €38,909 | €21,995 | -€16,914 | -43.5% |
| Equity | 10/15 | €23,868 | €7,825 | -€16,043 | -67.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,808 | -€235 | -€16,043 | |
| Amounts payable | 17/49 | €15,041 | €14,171 | -€871 | -5.8% |
| Amounts payable within one year | 42/48 | €15,041 | €14,171 | -€871 | -5.8% |
| Trade debts | 44 | €6,249 | €6,479 | +€230 | +3.7% |
| Suppliers | 440/4 | €6,249 | €6,479 | +€230 | +3.7% |
| Other amounts payable | 47/48 | €8,793 | €7,692 | -€1,101 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,153 | €2,942 | -€210 | -6.7% |
| Other operating charges | 640/8 | €612 | €796 | +€184 | +30.1% |
| Gross operating margin | 9900 | €3,045 | -€11,299 | -€14,344 | |
| Operating profit (loss) | 9901 | -€720 | -€15,038 | -€14,318 | -1987.7% |
| Financial income | 75/76B | €52 | €3 | -€49 | -94.7% |
| Recurring financial income | 75 | €52 | €3 | -€49 | -94.7% |
| Financial charges | 65/66B | €248 | €1,008 | +€760 | +307.2% |
| Recurring financial charges | 65 | €248 | €1,008 | +€760 | +307.2% |
| Profit (loss) for the period before taxes | 9903 | -€916 | -€16,043 | -€15,127 | -1651.6% |
| Profit (loss) for the period | 9904 | -€916 | -€16,043 | -€15,127 | -1651.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€916 | -€16,043 | -€15,127 | -1651.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.