Graffiti 4Paper: 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.
Graffiti 4Paper
Largest movements
- Receivables within one year +€22,911
up €22,911 (+49.1%), from €46,638 to €69,549
- Cash -€8,590
down €8,590 (-46.7%), from €18,404 to €9,814
mainly Receivables within one year (-€22,911) and Tax, wage and social debts (-€2,328)
- Intangible fixed assets -€6,632
down €6,632 (-25.8%), from €25,673 to €19,041
- Profit (loss) carried forward +€10,038
up €10,038 (+18.2%), from -€55,300 to -€45,262
- Tax, wage and social debts -€2,328
down €2,328 (-12.2%), from €19,066 to €16,737
of which Taxes: -€2,748
- Trade debts -€2,182
down €2,182 (-75.6%), from €2,887 to €705
- Other debts +€2,160
up €2,160 (+1.8%), from €117,770 to €119,930
- Gross operating margin +€18,485
up €18,485 (+41.9%), from €44,114 to €62,598
- Staff costs +€1,253
up €1,253 (+2.8%), from €44,007 to €45,260
- Other operating charges -€847
down €847 (-59.2%), from €1,431 to €584
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.
Derived cash bridge
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 | €90,715 | €98,403 | +€7,688 | +8.5% |
| Fixed assets | 21/28 | €25,673 | €19,041 | -€6,632 | -25.8% |
| Intangible fixed assets | 21 | €25,673 | €19,041 | -€6,632 | -25.8% |
| Current assets | 29/58 | €65,042 | €79,362 | +€14,321 | +22.0% |
| Amounts receivable within one year | 40/41 | €46,638 | €69,549 | +€22,911 | +49.1% |
| Trade receivables | 40 | €46,638 | €69,549 | +€22,911 | +49.1% |
| Cash at bank and in hand | 54/58 | €18,404 | €9,814 | -€8,590 | -46.7% |
| Total equity and liabilities | 10/49 | €90,715 | €98,403 | +€7,688 | +8.5% |
| Equity | 10/15 | -€49,008 | -€38,970 | +€10,038 | +20.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €92 | €92 | = | 0.0% |
| Non-distributable reserves | 130/1 | €92 | €92 | = | 0.0% |
| Reserves not available under the articles | 1311 | €92 | €92 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,300 | -€45,262 | +€10,038 | +18.2% |
| Amounts payable | 17/49 | €139,723 | €137,373 | -€2,350 | -1.7% |
| Amounts payable within one year | 42/48 | €139,723 | €137,373 | -€2,350 | -1.7% |
| Trade debts | 44 | €2,887 | €705 | -€2,182 | -75.6% |
| Suppliers | 440/4 | €2,887 | €705 | -€2,182 | -75.6% |
| Taxes, remuneration and social security | 45 | €19,066 | €16,737 | -€2,328 | -12.2% |
| Taxes | 450/3 | €5,844 | €3,096 | -€2,748 | -47.0% |
| Remuneration and social security | 454/9 | €13,221 | €13,641 | +€420 | +3.2% |
| Other amounts payable | 47/48 | €117,770 | €119,930 | +€2,160 | +1.8% |
| Remuneration, social security and pensions | 62 | €44,007 | €45,260 | +€1,253 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,632 | €6,632 | = | 0.0% |
| Other operating charges | 640/8 | €1,431 | €584 | -€847 | -59.2% |
| Gross operating margin | 9900 | €44,114 | €62,598 | +€18,485 | +41.9% |
| Operating profit (loss) | 9901 | -€7,956 | €10,123 | +€18,079 | |
| Financial income | 75/76B | €215 | €47 | -€168 | -78.3% |
| Recurring financial income | 75 | €215 | €47 | -€168 | -78.3% |
| Financial charges | 65/66B | €88 | €131 | +€43 | +49.0% |
| Recurring financial charges | 65 | €88 | €131 | +€43 | +49.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,830 | €10,038 | +€17,868 | |
| Profit (loss) for the period | 9904 | -€7,830 | €10,038 | +€17,868 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,830 | €10,038 | +€17,868 |
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 13 October 2026 via checked.be.