LE GRAINETIER: 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.
LE GRAINETIER
Largest movements
- Stocks and contracts -€3,458
down €3,458 (-3.4%), from €101,818 to €98,360
- Tangible fixed assets -€2,401
down €2,401 (-8.9%), from €27,017 to €24,616
- Other debts -€9,500
no longer reported in 2025 (was €9,500)
- Profit (loss) carried forward +€4,118
up €4,118 (+9.5%), from -€43,549 to -€39,431
- Trade debts -€1,831
down €1,831 (-33.5%), from €5,461 to €3,630
- Turnover +€14,399
up €14,399 (+6.3%), from €227,901 to €242,300
- Gross operating margin +€8,188
up €8,188 (+302%), from €2,714 to €10,902
- Purchases and services +€6,212
up €6,212 (+2.8%), from €225,330 to €231,542
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 | €134,630 | €128,617 | -€6,013 | -4.5% |
| Fixed assets | 21/28 | €27,117 | €24,716 | -€2,401 | -8.9% |
| Tangible fixed assets | 22/27 | €27,017 | €24,616 | -€2,401 | -8.9% |
| Land and buildings | 22 | €27,017 | €24,616 | -€2,401 | -8.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €107,513 | €103,901 | -€3,612 | -3.4% |
| Stocks and contracts in progress | 3 | €101,818 | €98,360 | -€3,458 | -3.4% |
| Stocks | 30/36 | €101,818 | €98,360 | -€3,458 | -3.4% |
| Amounts receivable within one year | 40/41 | €460 | €469 | +€9 | +2.0% |
| Trade receivables | 40 | €38 | - | -€38 | |
| Other amounts receivable | 41 | €422 | €469 | +€47 | +11.1% |
| Cash at bank and in hand | 54/58 | €4,307 | €4,309 | +€2 | 0.0% |
| Deferred charges and accrued income | 490/1 | €928 | €763 | -€165 | -17.8% |
| Total equity and liabilities | 10/49 | €134,630 | €128,617 | -€6,013 | -4.5% |
| Equity | 10/15 | €119,251 | €123,369 | +€4,118 | +3.5% |
| Contributions | 10/11 | €148,000 | €148,000 | = | 0.0% |
| Reserves | 13 | €14,800 | €14,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,800 | €14,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,800 | €14,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,549 | -€39,431 | +€4,118 | +9.5% |
| Amounts payable | 17/49 | €15,379 | €5,248 | -€10,131 | -65.9% |
| Amounts payable within one year | 42/48 | €15,367 | €5,236 | -€10,131 | -65.9% |
| Trade debts | 44 | €5,461 | €3,630 | -€1,831 | -33.5% |
| Suppliers | 440/4 | €5,461 | €3,630 | -€1,831 | -33.5% |
| Taxes, remuneration and social security | 45 | €406 | €1,606 | +€1,200 | +296% |
| Taxes | 450/3 | €406 | €1,606 | +€1,200 | +296% |
| Other amounts payable | 47/48 | €9,500 | - | -€9,500 | |
| Accrued charges and deferred income | 492/3 | €12 | €12 | = | 0.0% |
| Turnover | 70 | €227,901 | €242,300 | +€14,399 | +6.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €225,330 | €231,542 | +€6,212 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,478 | €2,401 | -€77 | -3.1% |
| Other operating charges | 640/8 | €4,839 | €4,870 | +€31 | +0.6% |
| Gross operating margin | 9900 | €2,714 | €10,902 | +€8,188 | +302% |
| Operating profit (loss) | 9901 | -€4,603 | €3,631 | +€8,234 | |
| Financial income | 75/76B | €450 | €557 | +€107 | +23.8% |
| Recurring financial income | 75 | €450 | €557 | +€107 | +23.8% |
| Financial charges | 65/66B | €71 | €70 | -€1 | -1.4% |
| Recurring financial charges | 65 | €71 | €70 | -€1 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,224 | €4,118 | +€8,342 | |
| Profit (loss) for the period | 9904 | -€4,224 | €4,118 | +€8,342 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,224 | €4,118 | +€8,342 |
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 24 October 2026 via checked.be.