GRAFFEO PROJET ET MAINTENANCE: what changed
GRAFFEO PROJET ET MAINTENANCE
Largest movements
- Cash +€62,504
up €62,504 (+113%), from €55,133 to €117,637
mainly Net result for the year (+€43,597) and Tax, wage and social debts (+€13,375)
- Receivables within one year -€5,359
down €5,359 (-36.8%), from €14,582 to €9,223
- Reserves +€43,597
up €43,597 (+75.1%), from €58,049 to €101,646
- Tax, wage and social debts +€13,375
up €13,375 (+153%), from €8,719 to €22,094
- Gross operating margin +€2,328
up €2,328 (+4.2%), from €55,008 to €57,337
- Taxes +€1,581
up €1,581 (+13.5%), from €11,713 to €13,294
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,374 | €128,002 | +€56,629 | +79.3% |
| Fixed assets | 21/28 | €629 | €221 | -€408 | -64.8% |
| Tangible fixed assets | 22/27 | €629 | €221 | -€408 | -64.8% |
| Plant, machinery and equipment | 23 | €629 | €221 | -€408 | -64.8% |
| Current assets | 29/58 | €70,745 | €127,781 | +€57,036 | +80.6% |
| Amounts receivable within one year | 40/41 | €14,582 | €9,223 | -€5,359 | -36.8% |
| Trade receivables | 40 | €14,582 | €9,223 | -€5,359 | -36.8% |
| Cash at bank and in hand | 54/58 | €55,133 | €117,637 | +€62,504 | +113% |
| Deferred charges and accrued income | 490/1 | €1,030 | €922 | -€109 | -10.6% |
| Total equity and liabilities | 10/49 | €71,374 | €128,002 | +€56,629 | +79.3% |
| Equity | 10/15 | €62,049 | €105,646 | +€43,597 | +70.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €58,049 | €101,646 | +€43,597 | +75.1% |
| Distributable reserves | 133 | €58,049 | €101,646 | +€43,597 | +75.1% |
| Amounts payable | 17/49 | €9,324 | €22,356 | +€13,032 | +140% |
| Amounts payable within one year | 42/48 | €9,324 | €22,356 | +€13,032 | +140% |
| Trade debts | 44 | €410 | €67 | -€343 | -83.7% |
| Suppliers | 440/4 | €410 | €67 | -€343 | -83.7% |
| Taxes, remuneration and social security | 45 | €8,719 | €22,094 | +€13,375 | +153% |
| Taxes | 450/3 | €8,719 | €22,094 | +€13,375 | +153% |
| Other amounts payable | 47/48 | €196 | €196 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €408 | €408 | = | 0.0% |
| Gross operating margin | 9900 | €55,008 | €57,337 | +€2,328 | +4.2% |
| Operating profit (loss) | 9901 | €54,601 | €56,929 | +€2,328 | +4.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €39 | €38 | -€0 | -0.7% |
| Recurring financial charges | 65 | €39 | €38 | -€0 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €54,563 | €56,891 | +€2,328 | +4.3% |
| Income taxes | 67/77 | €11,713 | €13,294 | +€1,581 | +13.5% |
| Profit (loss) for the period | 9904 | €42,850 | €43,597 | +€747 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,850 | €43,597 | +€747 | +1.7% |
Next steps
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 8 November 2026 via checked.be.