GrafiekGroep: what changed
What changed
GrafiekGroep
NACE 18.130, Pre-press and pre-media services
filed annual accounts (NBB)
Net result for the year
€13,643
2024 · €10,572+€3,071
Equity
€224,201
2024 · €210,558+€13,643
Cash
€33,244
2024 · €8,666+€24,578
Balance sheet total
€262,618
2024 · €253,248+€9,370
Largest movements
Assets
- Cash +€24,578
up €24,578 (+284%), from €8,666 to €33,244
mainly Net result for the year (+€13,643) and Depreciation (+€11,221)
- Tangible fixed assets -€8,154
down €8,154 (-20.6%), from €39,625 to €31,471
of which Furniture and vehicles: -€7,755
- Receivables within one year -€6,713
down €6,713 (-11.1%), from €60,514 to €53,800
of which Trade receivables: -€14,000
Equity and liabilities
- Reserves +€13,643
up €13,643 (+7.3%), from €185,758 to €199,401
of which Distributable reserves: +€13,643
- Debts after one year -€5,058
down €5,058 (-45.2%), from €11,202 to €6,144
Income statement
- Gross operating margin +€2,809
up €2,809 (+9.7%), from €29,001 to €31,811
- Financial charges -€2,513
down €2,513 (-72.8%), from €3,451 to €938
- Taxes +€1,674
up €1,674 (+26.7%), from €6,277 to €7,951
- Depreciation +€872
up €872 (+8.4%), from €10,349 to €11,221
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.
Result 2024
€10,572
Gross operating margin
+€2,809
Depreciation
-€872
Other operating charges
+€26
Other operating items
+€216
Financial income
+€52
Financial charges
+€2,513
Taxes
-€1,674
Result 2025
€13,643
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€34,611
Investment
-€3,067
Financing
-€6,966
Cash 2024
€8,666
From operations (derived)
+€34,611
Net result for the year
+€13,643
Depreciation
+€11,221
Receivables within one year
+€6,713
Deferred charges and accrued income
+€341
Trade debts
+€741
Tax, wage and social debts
+€1,951
Investment (derived)
-€3,067
Investment in fixed assets (net)
-€3,067
Financing
-€6,966
Debts after one year
-€5,058
Current portion of long-term debt
-€1,337
Short-term financial debts
-€570
Cash 2025
€33,244
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €253,248 | €262,618 | +€9,370 | +3.7% |
| Fixed assets | 21/28 | €169,625 | €161,471 | -€8,154 | -4.8% |
| Intangible fixed assets | 21 | €130,000 | €130,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €39,625 | €31,471 | -€8,154 | -20.6% |
| Plant, machinery and equipment | 23 | €2,087 | €1,687 | -€399 | -19.1% |
| Furniture and vehicles | 24 | €37,538 | €29,784 | -€7,755 | -20.7% |
| Current assets | 29/58 | €83,623 | €101,146 | +€17,524 | +21.0% |
| Amounts receivable within one year | 40/41 | €60,514 | €53,800 | -€6,713 | -11.1% |
| Trade receivables | 40 | €23,882 | €9,882 | -€14,000 | -58.6% |
| Other amounts receivable | 41 | €36,632 | €43,919 | +€7,287 | +19.9% |
| Current investments | 50/53 | €11,589 | €11,589 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,666 | €33,244 | +€24,578 | +284% |
| Deferred charges and accrued income | 490/1 | €2,854 | €2,513 | -€341 | -12.0% |
| Total equity and liabilities | 10/49 | €253,248 | €262,618 | +€9,370 | +3.7% |
| Equity | 10/15 | €210,558 | €224,201 | +€13,643 | +6.5% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €185,758 | €199,401 | +€13,643 | +7.3% |
| Tax-exempt reserves | 132 | €2,991 | €2,991 | = | 0.0% |
| Distributable reserves | 133 | €182,767 | €196,409 | +€13,643 | +7.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,690 | €38,417 | -€4,273 | -10.0% |
| Amounts payable after more than one year | 17 | €11,202 | €6,144 | -€5,058 | -45.2% |
| Financial debts | 170/4 | €11,202 | €6,144 | -€5,058 | -45.2% |
| Amounts payable within one year | 42/48 | €31,489 | €32,273 | +€785 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €7,918 | €6,581 | -€1,337 | -16.9% |
| Financial debts | 43 | €1,812 | €1,242 | -€570 | -31.5% |
| Credit institutions | 430/8 | €1,812 | €1,242 | -€570 | -31.5% |
| Trade debts | 44 | €21,758 | €22,499 | +€741 | +3.4% |
| Suppliers | 440/4 | €21,758 | €22,499 | +€741 | +3.4% |
| Taxes, remuneration and social security | 45 | €0 | €1,951 | +€1,951 | |
| Taxes | 450/3 | €0 | €1,951 | +€1,951 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,349 | €11,221 | +€872 | +8.4% |
| Other operating charges | 640/8 | €724 | €698 | -€26 | -3.6% |
| Non-recurring operating charges | 66A | €216 | €0 | -€216 | -100% |
| Gross operating margin | 9900 | €29,001 | €31,811 | +€2,809 | +9.7% |
| Operating profit (loss) | 9901 | €17,711 | €19,892 | +€2,180 | +12.3% |
| Financial income | 75/76B | €2,589 | €2,641 | +€52 | +2.0% |
| Recurring financial income | 75 | €2,589 | €2,641 | +€52 | +2.0% |
| Financial charges | 65/66B | €3,451 | €938 | -€2,513 | -72.8% |
| Recurring financial charges | 65 | €3,451 | €938 | -€2,513 | -72.8% |
| Profit (loss) for the period before taxes | 9903 | €16,849 | €21,594 | +€4,745 | +28.2% |
| Income taxes | 67/77 | €6,277 | €7,951 | +€1,674 | +26.7% |
| Profit (loss) for the period | 9904 | €10,572 | €13,643 | +€3,071 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,572 | €13,643 | +€3,071 | +29.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.