Les 9 Grains d'or: what changed
What changed
Les 9 Grains d'or
NACE 47.279, Other retail sale of food
filed annual accounts (NBB)
Net result for the year
€66,763
2024 · €49,975+€16,789
Equity
€255,937
2024 · €256,173-€237
Cash
€158,697
2024 · €120,767+€37,929
Balance sheet total
€403,044
2024 · €382,338+€20,707
Largest movements
Assets
- Cash +€37,929
up €37,929 (+31.4%), from €120,767 to €158,697
mainly Net result for the year (+€66,763) and Other debts (+€36,402)
- Stocks and contracts -€10,053
down €10,053 (-16.3%), from €61,578 to €51,525
- Receivables within one year -€8,402
no longer reported in 2025 (was €8,402)
of which Other amounts receivable: -€8,022
Equity and liabilities
- Other debts +€36,402
up €36,402 (+99.6%), from €36,557 to €72,959
- Debts after one year -€29,963
down €29,963 (-74.5%), from €40,218 to €10,255
- Tax, wage and social debts +€11,305
up €11,305 (+108%), from €10,472 to €21,777
of which Taxes: +€11,027
Income statement
- Gross operating margin +€41,017
up €41,017 (+40.0%), from €102,606 to €143,623
- Taxes +€16,363
up €16,363 (+190%), from €8,617 to €24,980
- Staff costs +€10,845
up €10,845 (+147%), from €7,390 to €18,235
- Depreciation -€2,052
down €2,052 (-6.9%), from €29,861 to €27,809
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
€49,975
Gross operating margin
+€41,017
Staff costs
-€10,845
Depreciation
+€2,052
Other operating charges
-€284
Financial income
+€513
Financial charges
+€699
Taxes
-€16,363
Result 2025
€66,763
raises the resultlowers the result
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
+€162,474
Investment
-€28,748
Financing
-€95,797
Cash 2024
€120,767
From operations (derived)
+€162,474
Net result for the year
+€66,763
Depreciation
+€27,809
Stocks and contracts
+€10,053
Receivables within one year
+€8,402
Deferred charges and accrued income
-€294
Trade debts
+€2,033
Tax, wage and social debts
+€11,305
Other debts
+€36,402
Investment (derived)
-€28,748
Investment in fixed assets (net)
-€28,748
Financing
-€95,797
Debts after one year
-€29,963
Current portion of long-term debt
+€1,166
Contributions, distributions and other
-€67,000
Cash 2025
€158,697
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €382,338 | €403,044 | +€20,707 | +5.4% |
| Fixed assets | 21/28 | €191,251 | €192,190 | +€939 | +0.5% |
| Tangible fixed assets | 22/27 | €191,251 | €192,190 | +€939 | +0.5% |
| Land and buildings | 22 | €186,734 | €189,003 | +€2,269 | +1.2% |
| Furniture and vehicles | 24 | €4,517 | €3,187 | -€1,330 | -29.4% |
| Current assets | 29/58 | €191,087 | €210,854 | +€19,768 | +10.3% |
| Stocks and contracts in progress | 3 | €61,578 | €51,525 | -€10,053 | -16.3% |
| Stocks | 30/36 | €61,578 | €51,525 | -€10,053 | -16.3% |
| Amounts receivable within one year | 40/41 | €8,402 | - | -€8,402 | |
| Trade receivables | 40 | €380 | - | -€380 | |
| Other amounts receivable | 41 | €8,022 | - | -€8,022 | |
| Cash at bank and in hand | 54/58 | €120,767 | €158,697 | +€37,929 | +31.4% |
| Deferred charges and accrued income | 490/1 | €339 | €633 | +€294 | +86.8% |
| Total equity and liabilities | 10/49 | €382,338 | €403,044 | +€20,707 | +5.4% |
| Equity | 10/15 | €256,173 | €255,937 | -€237 | -0.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €145,095 | €144,795 | -€300 | -0.2% |
| Tax-exempt reserves | 132 | €14,295 | €14,295 | = | 0.0% |
| Distributable reserves | 133 | €130,800 | €130,500 | -€300 | -0.2% |
| Profit (loss) carried forward | 14 | €90,618 | €90,681 | +€63 | +0.1% |
| Amounts payable | 17/49 | €126,164 | €147,108 | +€20,943 | +16.6% |
| Amounts payable after more than one year | 17 | €40,218 | €10,255 | -€29,963 | -74.5% |
| Financial debts | 170/4 | €40,218 | €10,255 | -€29,963 | -74.5% |
| Amounts payable within one year | 42/48 | €85,947 | €136,853 | +€50,906 | +59.2% |
| Current portion of amounts payable after more than one year | 42 | €28,797 | €29,963 | +€1,166 | +4.0% |
| Trade debts | 44 | €10,120 | €12,154 | +€2,033 | +20.1% |
| Suppliers | 440/4 | €10,120 | €12,154 | +€2,033 | +20.1% |
| Taxes, remuneration and social security | 45 | €10,472 | €21,777 | +€11,305 | +108% |
| Taxes | 450/3 | €10,472 | €21,499 | +€11,027 | +105% |
| Remuneration and social security | 454/9 | - | €278 | +€278 | |
| Other amounts payable | 47/48 | €36,557 | €72,959 | +€36,402 | +99.6% |
| Remuneration, social security and pensions | 62 | €7,390 | €18,235 | +€10,845 | +147% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,861 | €27,809 | -€2,052 | -6.9% |
| Other operating charges | 640/8 | €5,843 | €6,127 | +€284 | +4.9% |
| Gross operating margin | 9900 | €102,606 | €143,623 | +€41,017 | +40.0% |
| Operating profit (loss) | 9901 | €59,512 | €91,453 | +€31,940 | +53.7% |
| Financial income | 75/76B | €7,603 | €8,116 | +€513 | +6.7% |
| Recurring financial income | 75 | €7,603 | €8,116 | +€513 | +6.7% |
| Financial charges | 65/66B | €8,524 | €7,825 | -€699 | -8.2% |
| Recurring financial charges | 65 | €8,524 | €7,825 | -€699 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €58,592 | €91,744 | +€33,152 | +56.6% |
| Income taxes | 67/77 | €8,617 | €24,980 | +€16,363 | +190% |
| Profit (loss) for the period | 9904 | €49,975 | €66,763 | +€16,789 | +33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €49,975 | €66,763 | +€16,789 | +33.6% |
Next steps
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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 2 November 2026 via checked.be.