Grohe Granits: 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.
Grohe Granits
Largest movements
- Receivables within one year -€202,766
down €202,766 (-99.4%), from €204,041 to €1,275
of which Trade receivables: -€202,290
- Stocks and contracts +€45,000
new in 2024: €45,000
- Tangible fixed assets +€6,948
up €6,948 (+175%), from €3,969 to €10,917
of which Furniture and vehicles: +€10,667
- Intangible fixed assets -€6,800
down €6,800 (-24.7%), from €27,485 to €20,685
- Cash +€4,574
new in 2024: €4,574
mainly Receivables within one year (+€202,766) and Depreciation (+€13,480)
- Trade debts -€179,085
down €179,085 (-96.5%), from €185,628 to €6,543
- Other debts +€12,178
up €12,178 (+28.3%), from €42,961 to €55,139
- Debts after one year +€9,828
new in 2024: €9,828
of which Financial debts: +€6,828
- Tax, wage and social debts -€7,593
down €7,593 (-83.1%), from €9,140 to €1,547
- Advances received +€4,203
new in 2024: €4,203
- Gross operating margin +€12,679
up €12,679 (+118%), from €10,743 to €23,421
- Taxes +€4,355
new in 2024: €4,355
- Depreciation -€3,077
down €3,077 (-18.6%), from €16,556 to €13,480
- Financial charges +€1,215
new in 2024: €1,215
- Other operating charges -€272
down €272 (-18.5%), from €1,470 to €1,198
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 | €236,160 | €82,451 | -€153,709 | -65.1% |
| Fixed assets | 21/28 | €32,119 | €31,602 | -€517 | -1.6% |
| Intangible fixed assets | 21 | €27,485 | €20,685 | -€6,800 | -24.7% |
| Tangible fixed assets | 22/27 | €3,969 | €10,917 | +€6,948 | +175% |
| Plant, machinery and equipment | 23 | €3,719 | - | -€3,719 | |
| Furniture and vehicles | 24 | €250 | €10,917 | +€10,667 | +4,269% |
| Financial fixed assets | 28 | €665 | - | -€665 | |
| Current assets | 29/58 | €204,041 | €50,848 | -€153,193 | -75.1% |
| Stocks and contracts in progress | 3 | - | €45,000 | +€45,000 | |
| Stocks | 30/36 | - | €45,000 | +€45,000 | |
| Amounts receivable within one year | 40/41 | €204,041 | €1,275 | -€202,766 | -99.4% |
| Trade receivables | 40 | €202,290 | - | -€202,290 | |
| Other amounts receivable | 41 | €1,751 | €1,275 | -€476 | -27.2% |
| Cash at bank and in hand | 54/58 | - | €4,574 | +€4,574 | |
| Total equity and liabilities | 10/49 | €236,160 | €82,451 | -€153,709 | -65.1% |
| Equity | 10/15 | -€1,569 | €1,605 | +€3,175 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,860 | €6,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,029 | -€23,855 | +€3,175 | +11.7% |
| Amounts payable | 17/49 | €237,730 | €80,846 | -€156,884 | -66.0% |
| Amounts payable after more than one year | 17 | - | €9,828 | +€9,828 | |
| Financial debts | 170/4 | - | €6,828 | +€6,828 | |
| Other amounts payable | 178/9 | - | €3,000 | +€3,000 | |
| Amounts payable within one year | 42/48 | €237,730 | €71,018 | -€166,712 | -70.1% |
| Current portion of amounts payable after more than one year | 42 | - | €3,586 | +€3,586 | |
| Trade debts | 44 | €185,628 | €6,543 | -€179,085 | -96.5% |
| Suppliers | 440/4 | €185,628 | €6,543 | -€179,085 | -96.5% |
| Advances received on contracts in progress | 46 | - | €4,203 | +€4,203 | |
| Taxes, remuneration and social security | 45 | €9,140 | €1,547 | -€7,593 | -83.1% |
| Taxes | 450/3 | €9,140 | €1,547 | -€7,593 | -83.1% |
| Other amounts payable | 47/48 | €42,961 | €55,139 | +€12,178 | +28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,556 | €13,480 | -€3,077 | -18.6% |
| Other operating charges | 640/8 | €1,470 | €1,198 | -€272 | -18.5% |
| Gross operating margin | 9900 | €10,743 | €23,421 | +€12,679 | +118% |
| Operating profit (loss) | 9901 | -€7,284 | €8,744 | +€16,028 | |
| Financial charges | 65/66B | - | €1,215 | +€1,215 | |
| Recurring financial charges | 65 | - | €1,215 | +€1,215 | |
| Profit (loss) for the period before taxes | 9903 | -€7,284 | €7,529 | +€14,813 | |
| Income taxes | 67/77 | - | €4,355 | +€4,355 | |
| Profit (loss) for the period | 9904 | -€7,284 | €3,175 | +€10,458 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,284 | €3,175 | +€10,458 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.