Granla: 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.
Granla
Largest movements
- Receivables within one year +€702,251
up €702,251 (+79.4%), from €883,893 to €1.6m
- Current investments -€265,561
down €265,561 (-13.9%), from €1.9m to €1.6m
- Financial fixed assets +€56,873
up €56,873 (+3.3%), from €1.7m to €1.8m
- Profit (loss) carried forward +€477,884
up €477,884 (+12.5%), from €3.8m to €4.3m
- Financial income +€348,515
up €348,515 (+160%), from €217,221 to €565,736
- Financial charges -€286,088
down €286,088 (-87.9%), from €325,357 to €39,269
of which Non-recurring financial charges: -€300,000
- Gross operating margin -€2,430
down €2,430 (-5.4%), from -€45,154 to -€47,584
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 | €4,913,363 | €5,390,366 | +€477,003 | +9.7% |
| Fixed assets | 21/28 | €1,709,610 | €1,766,484 | +€56,873 | +3.3% |
| Financial fixed assets | 28 | €1,709,610 | €1,766,484 | +€56,873 | +3.3% |
| Current assets | 29/58 | €3,203,752 | €3,623,882 | +€420,130 | +13.1% |
| Amounts receivable within one year | 40/41 | €883,893 | €1,586,144 | +€702,251 | +79.4% |
| Other amounts receivable | 41 | €883,893 | €1,586,144 | +€702,251 | +79.4% |
| Current investments | 50/53 | €1,906,373 | €1,640,812 | -€265,561 | -13.9% |
| Cash at bank and in hand | 54/58 | €411,752 | €386,569 | -€25,182 | -6.1% |
| Deferred charges and accrued income | 490/1 | €1,734 | €10,356 | +€8,622 | +497% |
| Total equity and liabilities | 10/49 | €4,913,363 | €5,390,366 | +€477,003 | +9.7% |
| Equity | 10/15 | €4,893,363 | €5,371,246 | +€477,884 | +9.8% |
| Contributions | 10/11 | €510,000 | €510,000 | = | 0.0% |
| Reserves | 13 | €550,570 | €550,570 | = | 0.0% |
| Non-distributable reserves | 130/1 | €550,570 | €550,570 | = | 0.0% |
| Reserves not available under the articles | 1311 | €51,000 | €51,000 | = | 0.0% |
| Own shares acquired | 1312 | €499,570 | €499,570 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,832,793 | €4,310,677 | +€477,884 | +12.5% |
| Amounts payable | 17/49 | €20,000 | €19,119 | -€881 | -4.4% |
| Amounts payable within one year | 42/48 | €20,000 | €19,119 | -€881 | -4.4% |
| Trade debts | 44 | €20,000 | €19,119 | -€881 | -4.4% |
| Suppliers | 440/4 | €20,000 | €19,119 | -€881 | -4.4% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€45,154 | -€47,584 | -€2,430 | -5.4% |
| Operating profit (loss) | 9901 | -€46,122 | -€48,582 | -€2,461 | -5.3% |
| Financial income | 75/76B | €217,221 | €565,736 | +€348,515 | +160% |
| Recurring financial income | 75 | €217,221 | €565,736 | +€348,515 | +160% |
| Financial charges | 65/66B | €325,357 | €39,269 | -€286,088 | -87.9% |
| Recurring financial charges | 65 | €25,357 | €39,269 | +€13,912 | +54.9% |
| Non-recurring financial charges | 66B | €300,000 | - | -€300,000 | |
| Profit (loss) for the period before taxes | 9903 | -€154,258 | €477,884 | +€632,142 | |
| Profit (loss) for the period | 9904 | -€154,258 | €477,884 | +€632,142 | |
| Profit (loss) for the period to be appropriated | 9905 | -€154,258 | €477,884 | +€632,142 |
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.