GRANITE & MARBLE TECHNOLOGY: 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.
GRANITE & MARBLE TECHNOLOGY
Largest movements
- Tangible fixed assets -€348,896
down €348,896 (-89.3%), from €390,498 to €41,602
of which Land and buildings: -€306,048
- Cash -€286,509
down €286,509 (-47.0%), from €610,171 to €323,663
mainly Contributions, distributions and other (-€420,381) and Receivables within one year (-€169,205)
- Stocks and contracts -€209,918
down €209,918 (-52.3%), from €401,194 to €191,276
- Receivables within one year +€169,205
up €169,205 (+64.5%), from €262,366 to €431,571
of which Trade receivables: +€179,205
- Deferred charges and accrued income -€55,911
down €55,911 (-62.7%), from €89,136 to €33,226
- Reserves -€306,398
down €306,398 (-62.3%), from €491,792 to €185,394
- Trade debts -€164,173
down €164,173 (-30.7%), from €534,103 to €369,929
- Accrued charges and deferred income -€159,400
no longer reported in 2025 (was €159,400)
- Debts after one year -€132,645
down €132,645 (-90.1%), from €147,285 to €14,640
- Other debts +€104,481
up €104,481 (+58.3%), from €179,106 to €283,587
- Staff costs +€61,752
up €61,752 (+19.8%), from €312,638 to €374,390
- Taxes -€31,426
down €31,426 (-47.8%), from €65,688 to €34,262
- Financial income +€13,152
new in 2025: €13,152
- Other operating charges +€11,407
up €11,407 (+142%), from €8,042 to €19,449
- Write-downs +€6,818
new in 2025: €6,818
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 | €1,753,366 | €1,021,337 | -€732,029 | -41.7% |
| Fixed assets | 21/28 | €390,498 | €41,602 | -€348,896 | -89.3% |
| Tangible fixed assets | 22/27 | €390,498 | €41,602 | -€348,896 | -89.3% |
| Land and buildings | 22 | €306,048 | - | -€306,048 | |
| Plant, machinery and equipment | 23 | €43,681 | €15,583 | -€28,098 | -64.3% |
| Furniture and vehicles | 24 | €40,769 | €26,019 | -€14,750 | -36.2% |
| Current assets | 29/58 | €1,362,868 | €979,735 | -€383,133 | -28.1% |
| Stocks and contracts in progress | 3 | €401,194 | €191,276 | -€209,918 | -52.3% |
| Stocks | 30/36 | €401,194 | €191,276 | -€209,918 | -52.3% |
| Amounts receivable within one year | 40/41 | €262,366 | €431,571 | +€169,205 | +64.5% |
| Trade receivables | 40 | €252,366 | €431,571 | +€179,205 | +71.0% |
| Other amounts receivable | 41 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €610,171 | €323,663 | -€286,509 | -47.0% |
| Deferred charges and accrued income | 490/1 | €89,136 | €33,226 | -€55,911 | -62.7% |
| Total equity and liabilities | 10/49 | €1,753,366 | €1,021,337 | -€732,029 | -41.7% |
| Equity | 10/15 | €510,392 | €190,591 | -€319,801 | -62.7% |
| Contributions | 10/11 | €18,600 | €5,198 | -€13,402 | -72.1% |
| Reserves | 13 | €491,792 | €185,394 | -€306,398 | -62.3% |
| Distributable reserves | 133 | €491,792 | €185,394 | -€306,398 | -62.3% |
| Amounts payable | 17/49 | €1,242,974 | €830,745 | -€412,229 | -33.2% |
| Amounts payable after more than one year | 17 | €147,285 | €14,640 | -€132,645 | -90.1% |
| Financial debts | 170/4 | €147,285 | €14,640 | -€132,645 | -90.1% |
| Amounts payable within one year | 42/48 | €936,290 | €816,106 | -€120,184 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €38,152 | €8,704 | -€29,448 | -77.2% |
| Trade debts | 44 | €534,103 | €369,929 | -€164,173 | -30.7% |
| Suppliers | 440/4 | €534,103 | €369,929 | -€164,173 | -30.7% |
| Taxes, remuneration and social security | 45 | €184,929 | €153,885 | -€31,044 | -16.8% |
| Taxes | 450/3 | €128,676 | €88,820 | -€39,856 | -31.0% |
| Remuneration and social security | 454/9 | €56,253 | €65,065 | +€8,812 | +15.7% |
| Other amounts payable | 47/48 | €179,106 | €283,587 | +€104,481 | +58.3% |
| Accrued charges and deferred income | 492/3 | €159,400 | - | -€159,400 | |
| Non-recurring operating income | 76A | - | €150 | +€150 | |
| Remuneration, social security and pensions | 62 | €312,638 | €374,390 | +€61,752 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,868 | €74,800 | -€2,068 | -2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,818 | +€6,818 | |
| Other operating charges | 640/8 | €8,042 | €19,449 | +€11,407 | +142% |
| Non-recurring operating charges | 66A | €696 | - | -€696 | |
| Gross operating margin | 9900 | €601,929 | €601,773 | -€157 | 0.0% |
| Operating profit (loss) | 9901 | €203,685 | €126,315 | -€77,370 | -38.0% |
| Financial income | 75/76B | - | €13,152 | +€13,152 | |
| Recurring financial income | 75 | - | €13,152 | +€13,152 | |
| Financial charges | 65/66B | €4,895 | €4,625 | -€270 | -5.5% |
| Recurring financial charges | 65 | €4,895 | €4,625 | -€270 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €198,790 | €134,842 | -€63,948 | -32.2% |
| Income taxes | 67/77 | €65,688 | €34,262 | -€31,426 | -47.8% |
| Profit (loss) for the period | 9904 | €133,102 | €100,580 | -€32,522 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €133,102 | €100,580 | -€32,522 | -24.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.