GRAFIAS: 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.
What changed
GRAFIAS
NACE 62.100, Computer programming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€55,897
2024 · €57,604-€1,707
Equity
€320,096
2024 · €310,599+€9,497
Cash
€90,059
2024 · €52,482+€37,577
Balance sheet total
€441,159
2024 · €434,953+€6,206
Largest movements
Assets
- Cash +€37,577
up €37,577 (+71.6%), from €52,482 to €90,059
mainly Net result for the year (+€55,897) and Depreciation (+€21,293)
- Tangible fixed assets -€18,568
down €18,568 (-9.1%), from €203,460 to €184,892
- Receivables after one year -€10,836
down €10,836 (-6.9%), from €158,000 to €147,164
Equity and liabilities
- Reserves +€9,400
up €9,400 (+3.9%), from €242,659 to €252,059
Income statement
- Gross operating margin -€2,581
down €2,581 (-2.6%), from €100,140 to €97,558
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.
Result 2024
€57,604
Gross operating margin
-€2,581
Depreciation
+€622
Other operating charges
-€61
Financial income
-€894
Financial charges
+€459
Taxes
+€749
Result 2025
€55,897
raises the resultlowers the result
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.
From operations
+€86,702
Investment
-€2,726
Financing
-€46,400
Cash 2024
€52,482
From operations (derived)
+€86,702
Net result for the year
+€55,897
Depreciation
+€21,293
Receivables after one year
+€10,836
Receivables within one year
+€1,716
Deferred charges and accrued income
+€251
Trade debts
-€1,981
Tax, wage and social debts
-€3,651
Other debts
+€2,314
Accrued charges and deferred income
+€28
Investment (derived)
-€2,726
Investment in fixed assets (net)
-€2,726
Financing
-€46,400
Contributions, distributions and other
-€46,400
Cash 2025
€90,059
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €434,953 | €441,159 | +€6,206 | +1.4% |
| Fixed assets | 21/28 | €203,460 | €184,892 | -€18,568 | -9.1% |
| Tangible fixed assets | 22/27 | €203,460 | €184,892 | -€18,568 | -9.1% |
| Land and buildings | 22 | €38,480 | €31,820 | -€6,660 | -17.3% |
| Plant, machinery and equipment | 23 | €145,762 | €137,906 | -€7,856 | -5.4% |
| Furniture and vehicles | 24 | €19,218 | €15,166 | -€4,052 | -21.1% |
| Current assets | 29/58 | €231,492 | €256,267 | +€24,774 | +10.7% |
| Amounts receivable after more than one year | 29 | €158,000 | €147,164 | -€10,836 | -6.9% |
| Other amounts receivable | 291 | €158,000 | €147,164 | -€10,836 | -6.9% |
| Amounts receivable within one year | 40/41 | €19,484 | €17,768 | -€1,716 | -8.8% |
| Trade receivables | 40 | €19,484 | €17,679 | -€1,805 | -9.3% |
| Other amounts receivable | 41 | - | €89 | +€89 | |
| Cash at bank and in hand | 54/58 | €52,482 | €90,059 | +€37,577 | +71.6% |
| Deferred charges and accrued income | 490/1 | €1,526 | €1,275 | -€251 | -16.4% |
| Total equity and liabilities | 10/49 | €434,953 | €441,159 | +€6,206 | +1.4% |
| Equity | 10/15 | €310,599 | €320,096 | +€9,497 | +3.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €242,659 | €252,059 | +€9,400 | +3.9% |
| Distributable reserves | 133 | €242,659 | €252,059 | +€9,400 | +3.9% |
| Profit (loss) carried forward | 14 | €61,742 | €61,839 | +€97 | +0.2% |
| Provisions and deferred taxes | 16 | €54,763 | €54,763 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €54,763 | €54,763 | = | 0.0% |
| Pensions and similar obligations | 160 | €54,763 | €54,763 | = | 0.0% |
| Amounts payable | 17/49 | €69,591 | €66,300 | -€3,291 | -4.7% |
| Amounts payable within one year | 42/48 | €68,555 | €65,236 | -€3,319 | -4.8% |
| Trade debts | 44 | €4,558 | €2,577 | -€1,981 | -43.5% |
| Suppliers | 440/4 | €4,558 | €2,577 | -€1,981 | -43.5% |
| Taxes, remuneration and social security | 45 | €22,230 | €18,579 | -€3,651 | -16.4% |
| Taxes | 450/3 | €22,230 | €18,579 | -€3,651 | -16.4% |
| Other amounts payable | 47/48 | €41,766 | €44,080 | +€2,314 | +5.5% |
| Accrued charges and deferred income | 492/3 | €1,036 | €1,065 | +€28 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,915 | €21,293 | -€622 | -2.8% |
| Other operating charges | 640/8 | €2,348 | €2,410 | +€61 | +2.6% |
| Gross operating margin | 9900 | €100,140 | €97,558 | -€2,581 | -2.6% |
| Operating profit (loss) | 9901 | €75,876 | €73,855 | -€2,021 | -2.7% |
| Financial income | 75/76B | €5,215 | €4,321 | -€894 | -17.1% |
| Recurring financial income | 75 | €5,215 | €4,321 | -€894 | -17.1% |
| Financial charges | 65/66B | €1,156 | €697 | -€459 | -39.7% |
| Recurring financial charges | 65 | €1,156 | €697 | -€459 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €79,935 | €77,479 | -€2,456 | -3.1% |
| Income taxes | 67/77 | €22,331 | €21,582 | -€749 | -3.4% |
| Profit (loss) for the period | 9904 | €57,604 | €55,897 | -€1,707 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,604 | €55,897 | -€1,707 | -3.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.