LA GRIGNOTIERE: 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 GRIGNOTIERE
Largest movements
- Receivables within one year +€57,821
up €57,821 (+35.2%), from €164,216 to €222,036
of which Other amounts receivable: +€75,359
- Other debts +€127,423
up €127,423 (+2,896%), from €4,400 to €131,824
- Trade debts -€36,657
down €36,657 (-84.2%), from €43,524 to €6,868
- Debts after one year -€20,391
down €20,391 (-38.7%), from €52,748 to €32,357
- Gross operating margin -€111,296
down €111,296 (-69.7%), from €159,748 to €48,452
- Staff costs -€31,131
down €31,131 (-89.5%), from €34,782 to €3,651
- Taxes -€15,236
down €15,236 (-58.4%), from €26,082 to €10,846
- Other operating charges +€2,844
up €2,844 (+18.7%), from €15,200 to €18,043
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 | €1,084,527 | €1,144,182 | +€59,655 | +5.5% |
| Fixed assets | 21/28 | €919,509 | €910,351 | -€9,158 | -1.0% |
| Tangible fixed assets | 22/27 | €918,993 | €909,835 | -€9,158 | -1.0% |
| Land and buildings | 22 | €829,000 | €829,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €85,630 | €75,286 | -€10,344 | -12.1% |
| Furniture and vehicles | 24 | €4,363 | €3,324 | -€1,038 | -23.8% |
| Other tangible fixed assets | 26 | - | €2,224 | +€2,224 | |
| Financial fixed assets | 28 | €517 | €517 | = | 0.0% |
| Current assets | 29/58 | €165,018 | €233,831 | +€68,813 | +41.7% |
| Amounts receivable within one year | 40/41 | €164,216 | €222,036 | +€57,821 | +35.2% |
| Trade receivables | 40 | €110,216 | €92,678 | -€17,538 | -15.9% |
| Other amounts receivable | 41 | €54,000 | €129,359 | +€75,359 | +140% |
| Cash at bank and in hand | 54/58 | €802 | €11,794 | +€10,992 | +1,370% |
| Total equity and liabilities | 10/49 | €1,084,527 | €1,144,182 | +€59,655 | +5.5% |
| Equity | 10/15 | €922,947 | €922,485 | -€462 | -0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €795,901 | €795,901 | = | 0.0% |
| Reserves | 13 | €4,500 | €4,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,989 | €72,527 | -€462 | -0.6% |
| Investment grants | 15 | €30,958 | €30,958 | = | 0.0% |
| Amounts payable | 17/49 | €161,580 | €221,697 | +€60,117 | +37.2% |
| Amounts payable after more than one year | 17 | €52,748 | €32,357 | -€20,391 | -38.7% |
| Financial debts | 170/4 | €52,748 | €32,357 | -€20,391 | -38.7% |
| Amounts payable within one year | 42/48 | €108,832 | €189,340 | +€80,509 | +74.0% |
| Current portion of amounts payable after more than one year | 42 | €19,489 | €20,391 | +€902 | +4.6% |
| Trade debts | 44 | €43,524 | €6,868 | -€36,657 | -84.2% |
| Suppliers | 440/4 | €43,524 | €6,868 | -€36,657 | -84.2% |
| Taxes, remuneration and social security | 45 | €41,418 | €30,258 | -€11,160 | -26.9% |
| Taxes | 450/3 | €41,418 | €30,258 | -€11,160 | -26.9% |
| Other amounts payable | 47/48 | €4,400 | €131,824 | +€127,423 | +2,896% |
| Remuneration, social security and pensions | 62 | €34,782 | €3,651 | -€31,131 | -89.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,742 | €11,384 | +€642 | +6.0% |
| Other operating charges | 640/8 | €15,200 | €18,043 | +€2,844 | +18.7% |
| Non-recurring operating charges | 66A | €9,403 | - | -€9,403 | |
| Gross operating margin | 9900 | €159,748 | €48,452 | -€111,296 | -69.7% |
| Operating profit (loss) | 9901 | €89,622 | €15,374 | -€74,248 | -82.8% |
| Financial income | 75/76B | €17 | €3 | -€14 | -82.9% |
| Recurring financial income | 75 | €17 | €3 | -€14 | -82.9% |
| Financial charges | 65/66B | €4,179 | €4,993 | +€814 | +19.5% |
| Recurring financial charges | 65 | €4,179 | €4,993 | +€814 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | €85,460 | €10,383 | -€75,076 | -87.8% |
| Income taxes | 67/77 | €26,082 | €10,846 | -€15,236 | -58.4% |
| Profit (loss) for the period | 9904 | €59,378 | -€462 | -€59,840 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,378 | -€462 | -€59,840 |
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 25 October 2026 via checked.be.