GRANULIT: 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.
GRANULIT
Largest movements
- Tangible fixed assets -€12,009
down €12,009 (-4.9%), from €245,700 to €233,690
- Receivables within one year -€9,609
down €9,609 (-17.1%), from €56,353 to €46,743
of which Other amounts receivable: -€9,609
- Debts after one year -€15,449
down €15,449 (-22.8%), from €67,714 to €52,266
- Provisions -€11,700
down €11,700 (-25.5%), from €45,885 to €34,185
- Other operating charges +€1,619
up €1,619 (+197%), from €822 to €2,441
- Gross operating margin +€793
up €793 (+5.2%), from €15,236 to €16,030
- Financial charges -€586
down €586 (-26.7%), from €2,196 to €1,610
- Financial income +€180
up €180 (+383%), from €47 to €227
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €302,261 | €280,642 | -€21,619 | -7.2% |
| Fixed assets | 21/28 | €245,700 | €233,690 | -€12,009 | -4.9% |
| Tangible fixed assets | 22/27 | €245,700 | €233,690 | -€12,009 | -4.9% |
| Land and buildings | 22 | €245,700 | €233,690 | -€12,009 | -4.9% |
| Current assets | 29/58 | €56,561 | €46,952 | -€9,609 | -17.0% |
| Amounts receivable within one year | 40/41 | €56,353 | €46,743 | -€9,609 | -17.1% |
| Trade receivables | 40 | €2,001 | €2,001 | = | 0.0% |
| Other amounts receivable | 41 | €54,352 | €44,743 | -€9,609 | -17.7% |
| Cash at bank and in hand | 54/58 | €208 | €208 | = | 0.0% |
| Total equity and liabilities | 10/49 | €302,261 | €280,642 | -€21,619 | -7.2% |
| Equity | 10/15 | €171,590 | €171,787 | +€197 | +0.1% |
| Contributions | 10/11 | €21,640 | €21,640 | = | 0.0% |
| Reserves | 13 | €149,950 | €150,147 | +€197 | +0.1% |
| Tax-exempt reserves | 132 | €577 | €577 | = | 0.0% |
| Distributable reserves | 133 | €149,372 | €149,570 | +€197 | +0.1% |
| Provisions and deferred taxes | 16 | €45,885 | €34,185 | -€11,700 | -25.5% |
| Provisions for liabilities and charges | 160/5 | €45,885 | €34,185 | -€11,700 | -25.5% |
| Other liabilities and charges | 164/5 | €45,885 | €34,185 | -€11,700 | -25.5% |
| Amounts payable | 17/49 | €84,786 | €74,670 | -€10,116 | -11.9% |
| Amounts payable after more than one year | 17 | €67,714 | €52,266 | -€15,449 | -22.8% |
| Financial debts | 170/4 | €67,714 | €52,266 | -€15,449 | -22.8% |
| Amounts payable within one year | 42/48 | €17,071 | €22,404 | +€5,333 | +31.2% |
| Current portion of amounts payable after more than one year | 42 | €14,286 | €17,222 | +€2,936 | +20.6% |
| Financial debts | 43 | €624 | €1,260 | +€636 | +102% |
| Credit institutions | 430/8 | €624 | €1,260 | +€636 | +102% |
| Trade debts | 44 | €1,841 | €1,698 | -€143 | -7.8% |
| Suppliers | 440/4 | €1,841 | €1,698 | -€143 | -7.8% |
| Taxes, remuneration and social security | 45 | €320 | €2,224 | +€1,904 | +595% |
| Taxes | 450/3 | €320 | €2,224 | +€1,904 | +595% |
| Non-recurring operating income | 76A | €11,500 | €11,700 | +€200 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,009 | €12,009 | = | 0.0% |
| Other operating charges | 640/8 | €822 | €2,441 | +€1,619 | +197% |
| Gross operating margin | 9900 | €15,236 | €16,030 | +€793 | +5.2% |
| Operating profit (loss) | 9901 | €2,405 | €1,580 | -€825 | -34.3% |
| Financial income | 75/76B | €47 | €227 | +€180 | +383% |
| Recurring financial income | 75 | €47 | €227 | +€180 | +383% |
| Financial charges | 65/66B | €2,196 | €1,610 | -€586 | -26.7% |
| Recurring financial charges | 65 | €2,196 | €1,610 | -€586 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €257 | €197 | -€59 | -23.0% |
| Profit (loss) for the period | 9904 | €257 | €197 | -€59 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €257 | €197 | -€59 | -23.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.