GRUNBERGER DIAMONDS: what changed
What changed
GRUNBERGER DIAMONDS
NACE 46.861, Wholesale of diamonds and other precious stones
filed annual accounts (NBB)
Net result for the year
-€1.5m
2024 · -€1.6m+€136,974
Equity
€11.0m
2024 · €12.5m-€1.5m
Cash
€420,819
2024 · €746,644-€325,825
Balance sheet total
€20.2m
2024 · €21.4m-€1.2m
Largest movements
Assets
- Receivables within one year -€4.2m
down €4.2m (-35.1%), from €12.0m to €7.8m
of which Trade receivables: -€4.2m
- Stocks and contracts +€3.5m
up €3.5m (+58.7%), from €5.9m to €9.4m
- Cash -€325,825
down €325,825 (-43.6%), from €746,644 to €420,819
mainly Stocks and contracts (-€3.5m) and Net result for the year (-€1.5m)
Equity and liabilities
- Profit (loss) carried forward -€1.5m
down €1.5m (-86.4%), from €1.7m to €235,404
- Trade debts +€385,994
up €385,994 (+31.0%), from €1.2m to €1.6m
- Advances received -€264,117
no longer reported in 2025 (was €264,117)
Income statement
- Goods and materials -€7.1m
down €7.1m (-60.9%), from €11.6m to €4.5m
of which Change in stocks: decrease (increase): -€4.9m
- Turnover -€4.9m
down €4.9m (-42.4%), from €11.4m to €6.6m
- Financial charges +€1.6m
up €1.6m (+315%), from €521,278 to €2.2m
- Financial income -€426,628
down €426,628 (-43.9%), from €971,710 to €545,082
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€1.6m
Turnover
-€4.9m
Other operating income
-€3,593
Goods and materials
+€7.1m
Services and other goods
+€63,834
Staff costs
-€90,149
Depreciation
-€4,273
Other operating charges
+€12,605
Other operating items
+€606
Financial income
-€426,628
Financial charges
-€1.6m
Taxes
+€7,107
Result 2025
-€1.5m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€580,359
Investment
+€149,085
Financing
+€105,449
Cash 2024
€746,644
From operations (derived)
-€580,359
Net result for the year
-€1.5m
Depreciation
+€15,201
Stocks and contracts
-€3.5m
Receivables within one year
+€4.2m
Deferred charges and accrued income
-€247
Trade debts
+€385,994
Tax, wage and social debts
-€69,998
Advances received
-€264,117
Other debts
+€167,082
Accrued charges and deferred income
-€35,014
Investment (derived)
+€149,085
Investment in fixed assets (net)
+€149,085
Financing
+€105,449
Short-term financial debts
+€105,449
Cash 2025
€420,819
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,383,189 | €20,174,721 | -€1.2m | -5.7% |
| Fixed assets | 21/28 | €2,736,368 | €2,572,082 | -€164,286 | -6.0% |
| Tangible fixed assets | 22/27 | €56,828 | €74,492 | +€17,664 | +31.1% |
| Plant, machinery and equipment | 23 | €51,115 | €52,230 | +€1,115 | +2.2% |
| Furniture and vehicles | 24 | €5,713 | €22,262 | +€16,549 | +290% |
| Financial fixed assets | 28 | €2,679,540 | €2,497,591 | -€181,949 | -6.8% |
| Affiliated companies | 280/1 | €2,667,499 | €2,485,550 | -€181,949 | -6.8% |
| Participating interests | 280 | €160,673 | €160,673 | = | 0.0% |
| Amounts receivable | 281 | €2,506,826 | €2,324,877 | -€181,949 | -7.3% |
| Other financial fixed assets | 284/8 | €12,041 | €12,041 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €12,041 | €12,041 | = | 0.0% |
| Current assets | 29/58 | €18,646,821 | €17,602,639 | -€1.0m | -5.6% |
| Stocks and contracts in progress | 3 | €5,927,684 | €9,406,389 | +€3.5m | +58.7% |
| Stocks | 30/36 | €5,927,684 | €9,406,389 | +€3.5m | +58.7% |
| Goods purchased for resale | 34 | €5,927,684 | €9,406,389 | +€3.5m | +58.7% |
| Amounts receivable within one year | 40/41 | €11,967,482 | €7,770,172 | -€4.2m | -35.1% |
| Trade receivables | 40 | €11,927,718 | €7,716,437 | -€4.2m | -35.3% |
| Other amounts receivable | 41 | €39,764 | €53,735 | +€13,971 | +35.1% |
| Cash at bank and in hand | 54/58 | €746,644 | €420,819 | -€325,825 | -43.6% |
| Deferred charges and accrued income | 490/1 | €5,011 | €5,258 | +€247 | +4.9% |
| Total equity and liabilities | 10/49 | €21,383,189 | €20,174,721 | -€1.2m | -5.7% |
| Equity | 10/15 | €12,513,270 | €11,015,404 | -€1.5m | -12.0% |
| Contributions | 10/11 | €9,800,000 | €9,800,000 | = | 0.0% |
| Reserves | 13 | €980,000 | €980,000 | = | 0.0% |
| Distributable reserves | 133 | €980,000 | €980,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,733,270 | €235,404 | -€1.5m | -86.4% |
| Amounts payable | 17/49 | €8,869,919 | €9,159,317 | +€289,398 | +3.3% |
| Amounts payable within one year | 42/48 | €8,834,906 | €9,159,317 | +€324,412 | +3.7% |
| Financial debts | 43 | €3,886,198 | €3,991,647 | +€105,449 | +2.7% |
| Credit institutions | 430/8 | €3,886,198 | €3,991,647 | +€105,449 | +2.7% |
| Trade debts | 44 | €1,245,205 | €1,631,199 | +€385,994 | +31.0% |
| Suppliers | 440/4 | €1,245,205 | €1,631,199 | +€385,994 | +31.0% |
| Advances received on contracts in progress | 46 | €264,117 | - | -€264,117 | |
| Taxes, remuneration and social security | 45 | €224,635 | €154,637 | -€69,998 | -31.2% |
| Taxes | 450/3 | €100,969 | €61,972 | -€38,997 | -38.6% |
| Remuneration and social security | 454/9 | €123,666 | €92,665 | -€31,001 | -25.1% |
| Other amounts payable | 47/48 | €3,214,751 | €3,381,833 | +€167,082 | +5.2% |
| Accrued charges and deferred income | 492/3 | €35,014 | - | -€35,014 | |
| Operating income | 70/76A | €11,453,257 | €6,599,568 | -€4.9m | -42.4% |
| Turnover | 70 | €11,445,504 | €6,594,738 | -€4.9m | -42.4% |
| Other operating income | 74 | €6,528 | €2,935 | -€3,593 | -55.0% |
| Non-recurring operating income | 76A | €1,225 | €1,896 | +€671 | +54.7% |
| Operating charges | 60/66A | €13,503,990 | €6,449,628 | -€7.1m | -52.2% |
| Goods for resale, raw materials and consumables | 60 | €11,620,089 | €4,547,680 | -€7.1m | -60.9% |
| Purchases | 600/8 | €10,155,856 | €8,026,385 | -€2.1m | -21.0% |
| Change in stocks: decrease (increase) | 609 | €1,464,232 | -€3,478,706 | -€4.9m | |
| Services and other goods | 61 | €1,117,228 | €1,053,394 | -€63,834 | -5.7% |
| Remuneration, social security and pensions | 62 | €737,630 | €827,778 | +€90,149 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,928 | €15,201 | +€4,273 | +39.1% |
| Other operating charges | 640/8 | €17,948 | €5,343 | -€12,605 | -70.2% |
| Non-recurring operating charges | 66A | €167 | €232 | +€65 | +38.8% |
| Operating profit (loss) | 9901 | -€2,050,733 | €149,940 | +€2.2m | |
| Financial income | 75/76B | €971,710 | €545,082 | -€426,628 | -43.9% |
| Recurring financial income | 75 | €971,710 | €545,082 | -€426,628 | -43.9% |
| Income from financial fixed assets | 750 | €3,219 | €2,856 | -€363 | -11.3% |
| Other financial income | 752/9 | €968,491 | €542,226 | -€426,265 | -44.0% |
| Financial charges | 65/66B | €521,278 | €2,165,455 | +€1.6m | +315% |
| Recurring financial charges | 65 | €521,278 | €2,165,455 | +€1.6m | +315% |
| Debt charges | 650 | €351,379 | €218,071 | -€133,308 | -37.9% |
| Other financial charges | 652/9 | €169,899 | €1,947,385 | +€1.8m | +1,046% |
| Profit (loss) for the period before taxes | 9903 | -€1,600,301 | -€1,470,433 | +€129,867 | +8.1% |
| Income taxes | 67/77 | €34,539 | €27,433 | -€7,107 | -20.6% |
| Taxes | 670/3 | €34,539 | €27,433 | -€7,107 | -20.6% |
| Profit (loss) for the period | 9904 | -€1,634,840 | -€1,497,866 | +€136,974 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,634,840 | -€1,497,866 | +€136,974 | +8.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.