GRAFICIS: 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.
GRAFICIS
Largest movements
- Receivables within one year -€19,891
down €19,891 (-47.1%), from €42,192 to €22,301
of which Trade receivables: -€15,555
- Cash -€3,470
down €3,470 (-6.4%), from €54,286 to €50,816
mainly Trade debts (-€22,402) and Contributions, distributions and other (-€6,000)
- Trade debts -€22,402
down €22,402 (-48.3%), from €46,349 to €23,947
- Reserves -€1,784
down €1,784 (-11.8%), from €15,098 to €13,314
of which Distributable reserves: -€1,784
- Other debts -€1,230
down €1,230 (-7.3%), from €16,859 to €15,629
- Gross operating margin -€2,948
down €2,948 (-29.2%), from €10,106 to €7,157
- Taxes -€1,320
down €1,320 (-39.3%), from €3,360 to €2,040
- Write-downs -€1,134
down €1,134, from €567 to -€567
- Financial charges +€709
up €709 (+417.0%), from €170 to €879
- Other operating charges -€115
down €115 (-16.2%), from €711 to €596
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 | €96,898 | €73,118 | -€23,780 | -24.5% |
| Current assets | 29/58 | €96,898 | €73,118 | -€23,780 | -24.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €42,192 | €22,301 | -€19,891 | -47.1% |
| Trade receivables | 40 | €32,241 | €16,685 | -€15,555 | -48.2% |
| Other amounts receivable | 41 | €9,951 | €5,616 | -€4,335 | -43.6% |
| Cash at bank and in hand | 54/58 | €54,286 | €50,816 | -€3,470 | -6.4% |
| Deferred charges and accrued income | 490/1 | €419 | €0 | -€419 | -100.0% |
| Total equity and liabilities | 10/49 | €96,898 | €73,118 | -€23,780 | -24.5% |
| Equity | 10/15 | €33,690 | €31,906 | -€1,784 | -5.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €15,098 | €13,314 | -€1,784 | -11.8% |
| 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 | €13,239 | €11,455 | -€1,784 | -13.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €63,208 | €41,212 | -€21,996 | -34.8% |
| Amounts payable within one year | 42/48 | €63,208 | €40,452 | -€22,756 | -36.0% |
| Financial debts | 43 | - | €555 | +€555 | |
| Credit institutions | 430/8 | - | €555 | +€555 | |
| Trade debts | 44 | €46,349 | €23,947 | -€22,402 | -48.3% |
| Suppliers | 440/4 | €46,349 | €23,947 | -€22,402 | -48.3% |
| Advances received on contracts in progress | 46 | - | €320 | +€320 | |
| Other amounts payable | 47/48 | €16,859 | €15,629 | -€1,230 | -7.3% |
| Accrued charges and deferred income | 492/3 | - | €761 | +€761 | |
| Non-recurring operating income | 76A | €826 | €0 | -€826 | -100.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €567 | -€567 | -€1,134 | |
| Other operating charges | 640/8 | €711 | €596 | -€115 | -16.2% |
| Gross operating margin | 9900 | €10,106 | €7,157 | -€2,948 | -29.2% |
| Operating profit (loss) | 9901 | €8,828 | €7,128 | -€1,699 | -19.2% |
| Financial income | 75/76B | €6 | €6 | +€0 | +5.1% |
| Recurring financial income | 75 | €6 | €6 | +€0 | +5.1% |
| Financial charges | 65/66B | €170 | €879 | +€709 | +417.0% |
| Recurring financial charges | 65 | €170 | €879 | +€709 | +417.0% |
| Profit (loss) for the period before taxes | 9903 | €8,664 | €6,256 | -€2,408 | -27.8% |
| Income taxes | 67/77 | €3,360 | €2,040 | -€1,320 | -39.3% |
| Profit (loss) for the period | 9904 | €5,304 | €4,216 | -€1,088 | -20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,304 | €4,216 | -€1,088 | -20.5% |
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 4 October 2026 via checked.be.