GRADISON: 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.
GRADISON
Largest movements
- Cash -€82,856
down €82,856 (-58.5%), from €141,515 to €58,659
mainly Receivables within one year (-€75,000) and Net result for the year (-€12,054)
- Receivables within one year +€75,000
new in 2025: €75,000
- Deferred charges and accrued income -€18,063
down €18,063 (-99.6%), from €18,137 to €75
- Reserves -€12,054
down €12,054 (-7.9%), from €151,788 to €139,734
- Tax, wage and social debts -€10,857
no longer reported in 2025 (was €10,857)
- Trade debts -€3,023
no longer reported in 2025 (was €3,023)
- Gross operating margin -€50,581
down €50,581, from €42,526 to -€8,055
- Taxes -€10,857
no longer reported in 2025 (was €10,857)
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 | €184,652 | €158,734 | -€25,919 | -14.0% |
| Fixed assets | 21/28 | €25,000 | €25,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €25,000 | €25,000 | = | 0.0% |
| Land and buildings | 22 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €159,652 | €133,734 | -€25,919 | -16.2% |
| Amounts receivable within one year | 40/41 | - | €75,000 | +€75,000 | |
| Other amounts receivable | 41 | - | €75,000 | +€75,000 | |
| Cash at bank and in hand | 54/58 | €141,515 | €58,659 | -€82,856 | -58.5% |
| Deferred charges and accrued income | 490/1 | €18,137 | €75 | -€18,063 | -99.6% |
| Total equity and liabilities | 10/49 | €184,652 | €158,734 | -€25,919 | -14.0% |
| Equity | 10/15 | €170,388 | €158,334 | -€12,054 | -7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,788 | €139,734 | -€12,054 | -7.9% |
| Distributable reserves | 133 | €151,788 | €139,734 | -€12,054 | -7.9% |
| Amounts payable | 17/49 | €14,264 | €400 | -€13,865 | -97.2% |
| Amounts payable within one year | 42/48 | €13,880 | - | -€13,880 | |
| Trade debts | 44 | €3,023 | - | -€3,023 | |
| Suppliers | 440/4 | €3,023 | - | -€3,023 | |
| Taxes, remuneration and social security | 45 | €10,857 | - | -€10,857 | |
| Taxes | 450/3 | €10,857 | - | -€10,857 | |
| Accrued charges and deferred income | 492/3 | €384 | €400 | +€15 | +4.0% |
| Other operating charges | 640/8 | €3,506 | €3,593 | +€86 | +2.5% |
| Gross operating margin | 9900 | €42,526 | -€8,055 | -€50,581 | |
| Operating profit (loss) | 9901 | €39,020 | -€11,648 | -€50,667 | |
| Financial charges | 65/66B | €355 | €406 | +€51 | +14.3% |
| Recurring financial charges | 65 | €355 | €406 | +€51 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €38,664 | -€12,054 | -€50,718 | |
| Income taxes | 67/77 | €10,857 | - | -€10,857 | |
| Profit (loss) for the period | 9904 | €27,807 | -€12,054 | -€39,861 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,807 | -€12,054 | -€39,861 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.