GranT Concept: what changed
Two fiscal 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.
GranT Concept
Largest movements
- Deferred charges and accrued income +€48,832
up €48,832 (+4419.6%), from €1,105 to €49,937
- Receivables within one year -€31,013
down €31,013 (-90.6%), from €34,247 to €3,234
of which Trade receivables: -€23,472
- Cash +€13,384
up €13,384 (+102.1%), from €13,104 to €26,487
mainly Receivables within one year (+€31,013) and Other debts (+€27,911)
- Other debts +€27,911
up €27,911, from €0 to €27,911
- Reserves +€6,117
up €6,117 (+19.9%), from €30,747 to €36,864
- Trade debts -€1,615
down €1,615 (-42.6%), from €3,793 to €2,179
- Tax, wage and social debts -€1,516
down €1,516 (-24.1%), from €6,303 to €4,787
- Financial charges +€1,763
up €1,763 (+113.1%), from €1,560 to €3,323
- Depreciation +€1,187
up €1,187 (+99.5%), from €1,194 to €2,381
- Taxes -€1,020
down €1,020 (-23.2%), from €4,401 to €3,381
- Financial income +€538
up €538 (+508.1%), from €106 to €644
- Gross operating margin +€536
up €536 (+3.5%), from €15,133 to €15,668
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.
Cash bridge derived
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 | €59,443 | €90,341 | +€30,897 | +52.0% |
| Fixed assets | 21/28 | €10,988 | €10,682 | -€306 | -2.8% |
| Tangible fixed assets | 22/27 | €10,988 | €10,682 | -€306 | -2.8% |
| Furniture and vehicles | 24 | €4,367 | €4,262 | -€106 | -2.4% |
| Other tangible fixed assets | 26 | €6,620 | €6,421 | -€200 | -3.0% |
| Current assets | 29/58 | €48,455 | €79,659 | +€31,203 | +64.4% |
| Amounts receivable within one year | 40/41 | €34,247 | €3,234 | -€31,013 | -90.6% |
| Trade receivables | 40 | €25,087 | €1,615 | -€23,472 | -93.6% |
| Other amounts receivable | 41 | €9,160 | €1,619 | -€7,541 | -82.3% |
| Cash at bank and in hand | 54/58 | €13,104 | €26,487 | +€13,384 | +102.1% |
| Deferred charges and accrued income | 490/1 | €1,105 | €49,937 | +€48,832 | +4419.6% |
| Total equity and liabilities | 10/49 | €59,443 | €90,341 | +€30,897 | +52.0% |
| Equity | 10/15 | €49,347 | €55,464 | +€6,117 | +12.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,747 | €36,864 | +€6,117 | +19.9% |
| Distributable reserves | 133 | €30,747 | €36,864 | +€6,117 | +19.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,096 | €34,876 | +€24,780 | +245.4% |
| Amounts payable within one year | 42/48 | €10,096 | €34,876 | +€24,780 | +245.4% |
| Trade debts | 44 | €3,793 | €2,179 | -€1,615 | -42.6% |
| Suppliers | 440/4 | €3,793 | €2,179 | -€1,615 | -42.6% |
| Taxes, remuneration and social security | 45 | €6,303 | €4,787 | -€1,516 | -24.1% |
| Taxes | 450/3 | €6,303 | €4,787 | -€1,516 | -24.1% |
| Other amounts payable | 47/48 | €0 | €27,911 | +€27,911 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,194 | €2,381 | +€1,187 | +99.5% |
| Other operating charges | 640/8 | €940 | €1,110 | +€170 | +18.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €15,133 | €15,668 | +€536 | +3.5% |
| Operating profit (loss) | 9901 | €13,000 | €12,178 | -€822 | -6.3% |
| Financial income | 75/76B | €106 | €644 | +€538 | +508.1% |
| Recurring financial income | 75 | €106 | €644 | +€538 | +508.1% |
| Financial charges | 65/66B | €1,560 | €3,323 | +€1,763 | +113.1% |
| Recurring financial charges | 65 | €1,560 | €3,323 | +€1,763 | +113.1% |
| Profit (loss) for the period before taxes | 9903 | €11,546 | €9,498 | -€2,048 | -17.7% |
| Income taxes | 67/77 | €4,401 | €3,381 | -€1,020 | -23.2% |
| Profit (loss) for the period | 9904 | €7,145 | €6,117 | -€1,028 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,145 | €6,117 | -€1,028 | -14.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.