Granelle: 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.
Granelle
Largest movements
- Receivables within one year -€451
no longer reported in 2025 (was €451)
of which Other amounts receivable: -€394
- Cash -€86
down €86 (-45.6%), from €188 to €102
mainly Current portion of long-term debt (-€2,848) and Deferred charges and accrued income (-€33)
- Deferred charges and accrued income +€33
new in 2025: €33
- Current portion of long-term debt -€2,848
no longer reported in 2025 (was €2,848)
- Other debts +€2,135
up €2,135 (+3.2%), from €66,056 to €68,191
- Tax, wage and social debts +€153
up €153 (+80.2%), from €191 to €344
- Profit (loss) carried forward +€56
up €56 (+0.1%), from -€71,156 to -€71,100
- Staff costs -€6,036
down €6,036 (-98.9%), from €6,104 to €68
- Gross operating margin -€5,974
down €5,974 (-74.8%), from €7,985 to €2,011
- Financial charges -€2,411
down €2,411 (-75.3%), from €3,203 to €793
- Other operating charges -€2,314
down €2,314 (-67.9%), from €3,408 to €1,094
- Depreciation -€139
no longer reported in 2025 (was €139)
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 | €639 | €135 | -€504 | -78.9% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €639 | €135 | -€504 | -78.9% |
| Amounts receivable within one year | 40/41 | €451 | - | -€451 | |
| Trade receivables | 40 | €57 | - | -€57 | |
| Other amounts receivable | 41 | €394 | - | -€394 | |
| Cash at bank and in hand | 54/58 | €188 | €102 | -€86 | -45.6% |
| Deferred charges and accrued income | 490/1 | - | €33 | +€33 | |
| Total equity and liabilities | 10/49 | €639 | €135 | -€504 | -78.9% |
| Equity | 10/15 | -€68,456 | -€68,400 | +€56 | +0.1% |
| Contributions | 10/11 | €2,700 | €2,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,156 | -€71,100 | +€56 | +0.1% |
| Amounts payable | 17/49 | €69,095 | €68,535 | -€560 | -0.8% |
| Amounts payable within one year | 42/48 | €69,095 | €68,535 | -€560 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €2,848 | - | -€2,848 | |
| Taxes, remuneration and social security | 45 | €191 | €344 | +€153 | +80.2% |
| Taxes | 450/3 | €191 | €344 | +€153 | +80.2% |
| Other amounts payable | 47/48 | €66,056 | €68,191 | +€2,135 | +3.2% |
| Remuneration, social security and pensions | 62 | €6,104 | €68 | -€6,036 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139 | - | -€139 | |
| Other operating charges | 640/8 | €3,408 | €1,094 | -€2,314 | -67.9% |
| Gross operating margin | 9900 | €7,985 | €2,011 | -€5,974 | -74.8% |
| Operating profit (loss) | 9901 | -€1,666 | €849 | +€2,514 | |
| Financial income | 75/76B | €70 | - | -€70 | |
| Recurring financial income | 75 | €70 | - | -€70 | |
| Financial charges | 65/66B | €3,203 | €793 | -€2,411 | -75.3% |
| Recurring financial charges | 65 | €3,203 | €793 | -€2,411 | -75.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,799 | €56 | +€4,855 | |
| Profit (loss) for the period | 9904 | -€4,799 | €56 | +€4,855 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,799 | €56 | +€4,855 |
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 19 October 2026 via checked.be.