GRAFFITI: what changed
Two fiscal 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.
GRAFFITI
Largest movements
- Deferred charges and accrued income +€1,392
new in 2025: €1,392
- Profit (loss) carried forward -€34,452
down €34,452 (-3.5%), from -€998,534 to -€1.0m
- Trade debts +€23,406
up €23,406 (+30.7%), from €76,297 to €99,703
- Tax, wage and social debts +€10,004
up €10,004 (+69.8%), from €14,333 to €24,337
of which Taxes: +€9,119
- Other debts +€4,438
up €4,438 (+61.8%), from €7,182 to €11,620
- Short-term financial debts -€2,005
down €2,005 (-2.9%), from €68,591 to €66,586
- Gross operating margin +€24,358
up €24,358 (+59.9%), from €40,652 to €65,010
- Staff costs -€1,542
down €1,542 (-1.8%), from €84,816 to €83,275
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,050 | €7,442 | +€1,392 | +23.0% |
| Current assets | 29/58 | €6,050 | €7,442 | +€1,392 | +23.0% |
| Amounts receivable within one year | 40/41 | €6,050 | €6,050 | = | 0.0% |
| Trade receivables | 40 | €6,050 | €6,050 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | - | €1,392 | +€1,392 | |
| Total equity and liabilities | 10/49 | €6,050 | €7,442 | +€1,392 | +23.0% |
| Equity | 10/15 | -€160,353 | -€194,805 | -€34,452 | -21.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €819,589 | €819,589 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €817,730 | €817,730 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€998,534 | -€1,032,986 | -€34,452 | -3.5% |
| Amounts payable | 17/49 | €166,403 | €202,246 | +€35,843 | +21.5% |
| Amounts payable within one year | 42/48 | €166,403 | €202,246 | +€35,843 | +21.5% |
| Financial debts | 43 | €68,591 | €66,586 | -€2,005 | -2.9% |
| Credit institutions | 430/8 | €68,591 | €66,586 | -€2,005 | -2.9% |
| Trade debts | 44 | €76,297 | €99,703 | +€23,406 | +30.7% |
| Suppliers | 440/4 | €76,297 | €99,703 | +€23,406 | +30.7% |
| Taxes, remuneration and social security | 45 | €14,333 | €24,337 | +€10,004 | +69.8% |
| Taxes | 450/3 | €424 | €9,543 | +€9,119 | +2149.8% |
| Remuneration and social security | 454/9 | €13,909 | €14,795 | +€886 | +6.4% |
| Other amounts payable | 47/48 | €7,182 | €11,620 | +€4,438 | +61.8% |
| Remuneration, social security and pensions | 62 | €84,816 | €83,275 | -€1,542 | -1.8% |
| Other operating charges | 640/8 | €10,463 | €10,771 | +€308 | +2.9% |
| Gross operating margin | 9900 | €40,652 | €65,010 | +€24,358 | +59.9% |
| Operating profit (loss) | 9901 | -€54,627 | -€29,035 | +€25,592 | +46.8% |
| Financial income | 75/76B | €67 | €33 | -€34 | -50.3% |
| Recurring financial income | 75 | €67 | €33 | -€34 | -50.3% |
| Financial charges | 65/66B | €6,039 | €5,450 | -€589 | -9.8% |
| Recurring financial charges | 65 | €6,039 | €5,450 | -€589 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | -€60,599 | -€34,452 | +€26,147 | +43.1% |
| Profit (loss) for the period | 9904 | -€60,599 | -€34,452 | +€26,147 | +43.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,599 | -€34,452 | +€26,147 | +43.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.