DU GRAPHISME ETC: 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.
DU GRAPHISME ETC
Largest movements
- Cash +€77,684
up €77,684 (+7.6%), from €1.0m to €1.1m
mainly Net result for the year (+€88,177) and Receivables within one year (+€11,525)
- Reserves +€88,177
up €88,177 (+18.0%), from €488,959 to €577,136
of which Distributable reserves: +€88,177
- Accrued charges and deferred income -€15,104
down €15,104 (-26.2%), from €57,679 to €42,575
- Gross operating margin -€21,712
down €21,712 (-14.2%), from €152,788 to €131,076
- Taxes -€6,673
down €6,673 (-14.4%), from €46,375 to €39,703
- Depreciation -€4,468
down €4,468 (-68.9%), from €6,487 to €2,020
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.
Cash bridge derived
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 | €1,093,732 | €1,159,760 | +€66,028 | +6.0% |
| Fixed assets | 21/28 | €3,713 | €3,279 | -€434 | -11.7% |
| Tangible fixed assets | 22/27 | €3,713 | €3,279 | -€434 | -11.7% |
| Furniture and vehicles | 24 | €3,713 | €3,279 | -€434 | -11.7% |
| Current assets | 29/58 | €1,090,019 | €1,156,481 | +€66,462 | +6.1% |
| Amounts receivable within one year | 40/41 | €63,067 | €51,542 | -€11,525 | -18.3% |
| Trade receivables | 40 | €63,067 | €51,542 | -€11,525 | -18.3% |
| Cash at bank and in hand | 54/58 | €1,025,991 | €1,103,675 | +€77,684 | +7.6% |
| Deferred charges and accrued income | 490/1 | €961 | €1,263 | +€302 | +31.5% |
| Total equity and liabilities | 10/49 | €1,093,732 | €1,159,760 | +€66,028 | +6.0% |
| Equity | 10/15 | €625,261 | €713,438 | +€88,177 | +14.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €488,959 | €577,136 | +€88,177 | +18.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €487,099 | €575,276 | +€88,177 | +18.1% |
| Profit (loss) carried forward | 14 | €130,102 | €130,102 | = | 0.0% |
| Amounts payable | 17/49 | €468,471 | €446,322 | -€22,149 | -4.7% |
| Amounts payable within one year | 42/48 | €410,792 | €403,747 | -€7,045 | -1.7% |
| Financial debts | 43 | €121 | €164 | +€43 | +35.9% |
| Credit institutions | 430/8 | €121 | €164 | +€43 | +35.9% |
| Trade debts | 44 | €5,983 | €3,063 | -€2,919 | -48.8% |
| Suppliers | 440/4 | €5,983 | €3,063 | -€2,919 | -48.8% |
| Taxes, remuneration and social security | 45 | €109,123 | €112,887 | +€3,764 | +3.4% |
| Taxes | 450/3 | €109,123 | €112,887 | +€3,764 | +3.4% |
| Other amounts payable | 47/48 | €295,566 | €287,633 | -€7,933 | -2.7% |
| Accrued charges and deferred income | 492/3 | €57,679 | €42,575 | -€15,104 | -26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,487 | €2,020 | -€4,468 | -68.9% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €152,788 | €131,076 | -€21,712 | -14.2% |
| Operating profit (loss) | 9901 | €145,333 | €128,058 | -€17,275 | -11.9% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €142 | €181 | +€38 | +26.9% |
| Recurring financial charges | 65 | €142 | €181 | +€38 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €145,190 | €127,879 | -€17,311 | -11.9% |
| Income taxes | 67/77 | €46,375 | €39,703 | -€6,673 | -14.4% |
| Profit (loss) for the period | 9904 | €98,815 | €88,177 | -€10,638 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €98,815 | €88,177 | -€10,638 | -10.8% |
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 10 October 2026 via checked.be.