GRIGNARD: 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.
GRIGNARD
Largest movements
- Receivables within one year +€27,595
up €27,595 (+451.6%), from €6,110 to €33,705
of which Other amounts receivable: +€27,595
- Tangible fixed assets -€4,619
down €4,619 (-89.9%), from €5,137 to €517
- Cash +€3,365
up €3,365 (+38.7%), from €8,700 to €12,065
mainly Net result for the year (+€29,558) and Depreciation (+€4,619)
- Reserves +€25,000
up €25,000 (+13.0%), from €191,600 to €216,600
- Financial income -€9,440
down €9,440 (-31.5%), from €30,000 to €20,560
- Taxes -€691
down €691 (-8.7%), from €7,940 to €7,249
- Gross operating margin +€230
up €230 (+1.1%), from €21,238 to €21,468
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.
Cash bridge derived
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 | €269,947 | €296,287 | +€26,341 | +9.8% |
| Fixed assets | 21/28 | €255,137 | €250,517 | -€4,619 | -1.8% |
| Tangible fixed assets | 22/27 | €5,137 | €517 | -€4,619 | -89.9% |
| Furniture and vehicles | 24 | €5,137 | €517 | -€4,619 | -89.9% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €14,810 | €45,770 | +€30,960 | +209.0% |
| Amounts receivable within one year | 40/41 | €6,110 | €33,705 | +€27,595 | +451.6% |
| Trade receivables | 40 | €6,050 | €6,050 | = | 0.0% |
| Other amounts receivable | 41 | €60 | €27,655 | +€27,595 | +45991.5% |
| Cash at bank and in hand | 54/58 | €8,700 | €12,065 | +€3,365 | +38.7% |
| Total equity and liabilities | 10/49 | €269,947 | €296,287 | +€26,341 | +9.8% |
| Equity | 10/15 | €210,512 | €235,570 | +€25,058 | +11.9% |
| Contributions | 10/11 | €18,630 | €18,630 | = | 0.0% |
| Reserves | 13 | €191,600 | €216,600 | +€25,000 | +13.0% |
| Distributable reserves | 133 | €191,600 | €216,600 | +€25,000 | +13.0% |
| Profit (loss) carried forward | 14 | €282 | €340 | +€58 | +20.6% |
| Amounts payable | 17/49 | €59,435 | €60,717 | +€1,283 | +2.2% |
| Amounts payable within one year | 42/48 | €59,435 | €60,717 | +€1,283 | +2.2% |
| Trade debts | 44 | €934 | €1,808 | +€874 | +93.6% |
| Suppliers | 440/4 | €934 | €1,808 | +€874 | +93.6% |
| Taxes, remuneration and social security | 45 | €3,453 | €3,909 | +€456 | +13.2% |
| Taxes | 450/3 | €3,453 | €3,909 | +€456 | +13.2% |
| Other amounts payable | 47/48 | €55,047 | €55,000 | -€47 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,619 | €4,619 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €21,238 | €21,468 | +€230 | +1.1% |
| Operating profit (loss) | 9901 | €16,235 | €16,462 | +€227 | +1.4% |
| Financial income | 75/76B | €30,000 | €20,560 | -€9,440 | -31.5% |
| Recurring financial income | 75 | €30,000 | €20,560 | -€9,440 | -31.5% |
| Financial charges | 65/66B | €171 | €214 | +€43 | +25.3% |
| Recurring financial charges | 65 | €171 | €214 | +€43 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €46,064 | €36,807 | -€9,256 | -20.1% |
| Income taxes | 67/77 | €7,940 | €7,249 | -€691 | -8.7% |
| Profit (loss) for the period | 9904 | €38,124 | €29,558 | -€8,566 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,124 | €29,558 | -€8,566 | -22.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.