GRANISITO: 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.
GRANISITO
Largest movements
- Cash -€5,424
down €5,424 (-80.8%), from €6,713 to €1,289
mainly Trade debts (-€9,689) and Debts after one year (-€4,074)
- Tangible fixed assets -€5,088
down €5,088 (-34.8%), from €14,612 to €9,524
- Receivables within one year -€2,052
down €2,052 (-5.1%), from €40,526 to €38,474
of which Trade receivables: -€3,541
- Deferred charges and accrued income -€669
down €669 (-61.0%), from €1,096 to €427
- Trade debts -€9,689
down €9,689 (-66.4%), from €14,599 to €4,910
- Debts after one year -€4,074
down €4,074 (-34.0%), from €11,998 to €7,924
- Profit (loss) carried forward +€2,980
up €2,980 (+335%), from €888 to €3,869
- Other debts -€1,488
down €1,488 (-34.3%), from €4,333 to €2,845
- Advances received -€1,262
down €1,262 (-27.1%), from €4,652 to €3,390
- Turnover -€34,945
down €34,945 (-18.9%), from €185,088 to €150,143
- Purchases and services -€28,238
down €28,238 (-16.8%), from €167,924 to €139,687
- Gross operating margin -€6,707
down €6,707 (-39.1%), from €17,163 to €10,456
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 | €64,457 | €51,224 | -€13,232 | -20.5% |
| Fixed assets | 21/28 | €16,122 | €11,034 | -€5,088 | -31.6% |
| Tangible fixed assets | 22/27 | €14,612 | €9,524 | -€5,088 | -34.8% |
| Furniture and vehicles | 24 | €14,612 | €9,524 | -€5,088 | -34.8% |
| Financial fixed assets | 28 | €1,510 | €1,510 | = | 0.0% |
| Current assets | 29/58 | €48,335 | €40,190 | -€8,145 | -16.9% |
| Amounts receivable within one year | 40/41 | €40,526 | €38,474 | -€2,052 | -5.1% |
| Trade receivables | 40 | €40,197 | €36,657 | -€3,541 | -8.8% |
| Other amounts receivable | 41 | €328 | €1,817 | +€1,488 | +453% |
| Cash at bank and in hand | 54/58 | €6,713 | €1,289 | -€5,424 | -80.8% |
| Deferred charges and accrued income | 490/1 | €1,096 | €427 | -€669 | -61.0% |
| Total equity and liabilities | 10/49 | €64,457 | €51,224 | -€13,232 | -20.5% |
| Equity | 10/15 | €21,348 | €24,329 | +€2,980 | +14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €888 | €3,869 | +€2,980 | +335% |
| Amounts payable | 17/49 | €43,108 | €26,896 | -€16,213 | -37.6% |
| Amounts payable after more than one year | 17 | €11,998 | €7,924 | -€4,074 | -34.0% |
| Financial debts | 170/4 | €11,998 | €7,924 | -€4,074 | -34.0% |
| Amounts payable within one year | 42/48 | €31,111 | €18,972 | -€12,139 | -39.0% |
| Current portion of amounts payable after more than one year | 42 | €3,774 | €4,074 | +€300 | +7.9% |
| Trade debts | 44 | €14,599 | €4,910 | -€9,689 | -66.4% |
| Suppliers | 440/4 | €14,599 | €4,910 | -€9,689 | -66.4% |
| Advances received on contracts in progress | 46 | €4,652 | €3,390 | -€1,262 | -27.1% |
| Taxes, remuneration and social security | 45 | €3,753 | €3,752 | -€0 | 0.0% |
| Taxes | 450/3 | €3,753 | €3,752 | -€0 | 0.0% |
| Other amounts payable | 47/48 | €4,333 | €2,845 | -€1,488 | -34.3% |
| Turnover | 70 | €185,088 | €150,143 | -€34,945 | -18.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €167,924 | €139,687 | -€28,238 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,816 | €5,088 | +€1,272 | +33.3% |
| Other operating charges | 640/8 | €611 | €649 | +€38 | +6.3% |
| Gross operating margin | 9900 | €17,163 | €10,456 | -€6,707 | -39.1% |
| Operating profit (loss) | 9901 | €12,737 | €4,720 | -€8,017 | -62.9% |
| Financial charges | 65/66B | €2,060 | €1,739 | -€321 | -15.6% |
| Recurring financial charges | 65 | €2,060 | €1,739 | -€321 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €10,677 | €2,980 | -€7,696 | -72.1% |
| Profit (loss) for the period | 9904 | €10,677 | €2,980 | -€7,696 | -72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,677 | €2,980 | -€7,696 | -72.1% |
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 24 October 2026 via checked.be.