A-Z GRAVURES: what changed
What changed
A-Z GRAVURES
NACE 32.129, Other manufacturing
filed annual accounts (NBB)
Net result for the year
€1,653
2024 · -€1,772+€3,425
Equity
-€20,203
2024 · -€21,856+€1,653
Cash
€435
2024 · €935-€500
Balance sheet total
€66,054
2024 · €65,930+€124
Largest movements
Assets
- Intangible fixed assets +€2,181
new in 2025: €2,181
- Receivables within one year -€1,434
down €1,434 (-10.1%), from €14,230 to €12,796
of which Trade receivables: -€1,044
Equity and liabilities
- Trade debts +€8,727
up €8,727 (+173%), from €5,038 to €13,765
- Debts after one year -€8,663
down €8,663 (-30.2%), from €28,641 to €19,978
- Tax, wage and social debts -€2,579
down €2,579 (-23.2%), from €11,122 to €8,543
of which Taxes: -€2,579
- Profit (loss) carried forward +€1,653
up €1,653 (+3.9%), from -€42,856 to -€41,203
- Short-term financial debts +€857
up €857 (+69.1%), from €1,240 to €2,097
Income statement
- Gross operating margin +€3,567
up €3,567 (+310%), from €1,149 to €4,716
- Depreciation +€80
up €80 (+421%), from €19 to €99
- Financial charges +€48
up €48 (+2.0%), from €2,396 to €2,444
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
-€1,772
Gross operating margin
+€3,567
Depreciation
-€80
Other operating charges
-€13
Financial income
-€1
Financial charges
-€48
Result 2025
€1,653
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
+€9,457
Investment
-€2,280
Financing
-€7,677
Cash 2024
€935
From operations (derived)
+€9,457
Net result for the year
+€1,653
Depreciation
+€99
Receivables within one year
+€1,434
Deferred charges and accrued income
+€123
Trade debts
+€8,727
Tax, wage and social debts
-€2,579
Investment (derived)
-€2,280
Investment in fixed assets (net)
-€2,280
Financing
-€7,677
Debts after one year
-€8,663
Current portion of long-term debt
+€129
Short-term financial debts
+€857
Cash 2025
€435
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,930 | €66,054 | +€124 | +0.2% |
| Fixed assets | 21/28 | €50,500 | €52,681 | +€2,181 | +4.3% |
| Intangible fixed assets | 21 | - | €2,181 | +€2,181 | |
| Financial fixed assets | 28 | €50,500 | €50,500 | = | 0.0% |
| Current assets | 29/58 | €15,430 | €13,373 | -€2,057 | -13.3% |
| Amounts receivable within one year | 40/41 | €14,230 | €12,796 | -€1,434 | -10.1% |
| Trade receivables | 40 | €13,840 | €12,796 | -€1,044 | -7.5% |
| Other amounts receivable | 41 | €390 | - | -€390 | |
| Cash at bank and in hand | 54/58 | €935 | €435 | -€500 | -53.5% |
| Deferred charges and accrued income | 490/1 | €265 | €142 | -€123 | -46.4% |
| Total equity and liabilities | 10/49 | €65,930 | €66,054 | +€124 | +0.2% |
| Equity | 10/15 | -€21,856 | -€20,203 | +€1,653 | +7.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,856 | -€41,203 | +€1,653 | +3.9% |
| Amounts payable | 17/49 | €87,786 | €86,257 | -€1,529 | -1.7% |
| Amounts payable after more than one year | 17 | €28,641 | €19,978 | -€8,663 | -30.2% |
| Financial debts | 170/4 | €28,641 | €19,978 | -€8,663 | -30.2% |
| Amounts payable within one year | 42/48 | €59,145 | €66,279 | +€7,134 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €8,534 | €8,663 | +€129 | +1.5% |
| Financial debts | 43 | €1,240 | €2,097 | +€857 | +69.1% |
| Credit institutions | 430/8 | €1,240 | €2,097 | +€857 | +69.1% |
| Trade debts | 44 | €5,038 | €13,765 | +€8,727 | +173% |
| Suppliers | 440/4 | €5,038 | €13,765 | +€8,727 | +173% |
| Taxes, remuneration and social security | 45 | €11,122 | €8,543 | -€2,579 | -23.2% |
| Taxes | 450/3 | €5,422 | €2,843 | -€2,579 | -47.6% |
| Remuneration and social security | 454/9 | €5,700 | €5,700 | = | 0.0% |
| Other amounts payable | 47/48 | €33,211 | €33,211 | = | 0.0% |
| Non-recurring operating income | 76A | €4,132 | - | -€4,132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19 | €99 | +€80 | +421% |
| Other operating charges | 640/8 | €507 | €520 | +€13 | +2.6% |
| Gross operating margin | 9900 | €1,149 | €4,716 | +€3,567 | +310% |
| Operating profit (loss) | 9901 | €623 | €4,097 | +€3,474 | +558% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,396 | €2,444 | +€48 | +2.0% |
| Recurring financial charges | 65 | €2,396 | €2,444 | +€48 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,772 | €1,653 | +€3,425 | |
| Profit (loss) for the period | 9904 | -€1,772 | €1,653 | +€3,425 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,772 | €1,653 | +€3,425 |
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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 5 November 2026 via checked.be.