GRANIT & MARBRE: 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.
GRANIT & MARBRE
Largest movements
- Cash -€15,236
down €15,236 (-29.7%), from €51,345 to €36,110
mainly Net result for the year (-€38,876) and Deferred charges and accrued income (-€5,300)
- Receivables within one year -€6,105
down €6,105 (-5.5%), from €111,346 to €105,241
of which Trade receivables: -€4,989
- Deferred charges and accrued income +€5,300
up €5,300 (+111%), from €4,774 to €10,074
- Profit (loss) carried forward -€38,876
down €38,876 (-39.1%), from €99,418 to €60,542
- Trade debts +€24,500
up €24,500 (+3,500%), from €700 to €25,200
- Tax, wage and social debts -€1,969
down €1,969 (-42.0%), from €4,692 to €2,723
of which Taxes: -€1,636
- Turnover -€64,952
down €64,952 (-19.3%), from €336,626 to €271,674
- Gross operating margin -€48,806
down €48,806 (-71.9%), from €67,902 to €19,096
- Purchases and services -€16,147
down €16,147 (-6.0%), from €268,724 to €252,578
- Staff costs -€4,407
down €4,407 (-7.7%), from €56,930 to €52,523
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 | €167,770 | €151,425 | -€16,345 | -9.7% |
| Fixed assets | 21/28 | €305 | - | -€305 | |
| Tangible fixed assets | 22/27 | €305 | - | -€305 | |
| Plant, machinery and equipment | 23 | €305 | - | -€305 | |
| Current assets | 29/58 | €167,465 | €151,425 | -€16,041 | -9.6% |
| Amounts receivable within one year | 40/41 | €111,346 | €105,241 | -€6,105 | -5.5% |
| Trade receivables | 40 | €105,429 | €100,441 | -€4,989 | -4.7% |
| Other amounts receivable | 41 | €5,917 | €4,801 | -€1,116 | -18.9% |
| Cash at bank and in hand | 54/58 | €51,345 | €36,110 | -€15,236 | -29.7% |
| Deferred charges and accrued income | 490/1 | €4,774 | €10,074 | +€5,300 | +111% |
| Total equity and liabilities | 10/49 | €167,770 | €151,425 | -€16,345 | -9.7% |
| Equity | 10/15 | €162,378 | €123,502 | -€38,876 | -23.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,360 | €44,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,850 | €1,850 | = | 0.0% |
| Legal reserve | 130 | €1,850 | €1,850 | = | 0.0% |
| Distributable reserves | 133 | €42,510 | €42,510 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,418 | €60,542 | -€38,876 | -39.1% |
| Amounts payable | 17/49 | €5,392 | €27,923 | +€22,531 | +418% |
| Amounts payable within one year | 42/48 | €5,392 | €27,923 | +€22,531 | +418% |
| Trade debts | 44 | €700 | €25,200 | +€24,500 | +3,500% |
| Suppliers | 440/4 | €700 | €25,200 | +€24,500 | +3,500% |
| Taxes, remuneration and social security | 45 | €4,692 | €2,723 | -€1,969 | -42.0% |
| Taxes | 450/3 | €2,052 | €417 | -€1,636 | -79.7% |
| Remuneration and social security | 454/9 | €2,640 | €2,306 | -€334 | -12.6% |
| Turnover | 70 | €336,626 | €271,674 | -€64,952 | -19.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €268,724 | €252,578 | -€16,147 | -6.0% |
| Remuneration, social security and pensions | 62 | €56,930 | €52,523 | -€4,407 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,602 | €305 | -€2,298 | -88.3% |
| Other operating charges | 640/8 | €1,665 | €963 | -€702 | -42.2% |
| Gross operating margin | 9900 | €67,902 | €19,096 | -€48,806 | -71.9% |
| Operating profit (loss) | 9901 | €6,705 | -€34,694 | -€41,399 | |
| Financial charges | 65/66B | €1,354 | €2,682 | +€1,327 | +98.0% |
| Recurring financial charges | 65 | €1,074 | €1,042 | -€33 | -3.0% |
| Non-recurring financial charges | 66B | €280 | €1,640 | +€1,360 | +485% |
| Profit (loss) for the period before taxes | 9903 | €5,351 | -€37,376 | -€42,727 | |
| Income taxes | 67/77 | €2,465 | €1,500 | -€965 | -39.2% |
| Profit (loss) for the period | 9904 | €2,885 | -€38,876 | -€41,761 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,885 | -€38,876 | -€41,761 |
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 26 October 2026 via checked.be.