La Grande Ourse Construct: 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.
La Grande Ourse Construct
Largest movements
- Cash +€2,702
up €2,702 (+143%), from €1,889 to €4,592
mainly Other debts (+€5,000)
- Other debts +€5,000
up €5,000 (+82.8%), from €6,042 to €11,042
- Profit (loss) carried forward -€1,770
down €1,770 (-15.0%), from -€11,809 to -€13,579
- Gross operating margin +€359
up €359 (+22.3%), from -€1,613 to -€1,254
- Depreciation -€267
no longer reported in 2025 (was €267)
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.
Derived cash bridge
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 | €94,754 | €97,834 | +€3,080 | +3.3% |
| Current assets | 29/58 | €94,754 | €97,834 | +€3,080 | +3.3% |
| Stocks and contracts in progress | 3 | €92,692 | €92,692 | = | 0.0% |
| Stocks | 30/36 | €92,692 | €92,692 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €173 | €551 | +€378 | +218% |
| Trade receivables | 40 | - | €449 | +€449 | |
| Other amounts receivable | 41 | €173 | €102 | -€72 | -41.4% |
| Cash at bank and in hand | 54/58 | €1,889 | €4,592 | +€2,702 | +143% |
| Total equity and liabilities | 10/49 | €94,754 | €97,834 | +€3,080 | +3.3% |
| Equity | 10/15 | €88,191 | €86,421 | -€1,770 | -2.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,809 | -€13,579 | -€1,770 | -15.0% |
| Amounts payable | 17/49 | €6,563 | €11,414 | +€4,850 | +73.9% |
| Amounts payable within one year | 42/48 | €6,563 | €11,414 | +€4,850 | +73.9% |
| Trade debts | 44 | €521 | €371 | -€150 | -28.7% |
| Suppliers | 440/4 | €521 | €371 | -€150 | -28.7% |
| Other amounts payable | 47/48 | €6,042 | €11,042 | +€5,000 | +82.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €267 | - | -€267 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,613 | -€1,254 | +€359 | +22.3% |
| Operating profit (loss) | 9901 | -€2,267 | -€1,653 | +€613 | +27.1% |
| Financial charges | 65/66B | €114 | €117 | +€3 | +2.3% |
| Recurring financial charges | 65 | €114 | €117 | +€3 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,381 | -€1,770 | +€611 | +25.7% |
| Profit (loss) for the period | 9904 | -€2,381 | -€1,770 | +€611 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,381 | -€1,770 | +€611 | +25.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.