GRAFINFO: 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.
GRAFINFO
Largest movements
- Cash -€3,483
down €3,483 (-98.3%), from €3,543 to €60
mainly Investment in fixed assets (net) (-€3,323) and Receivables within one year (-€1,901)
- Receivables within one year +€1,901
up €1,901 (+14.3%), from €13,254 to €15,155
of which Other amounts receivable: +€3,316
- Tangible fixed assets -€951
down €951 (-4.5%), from €21,253 to €20,302
of which Furniture and vehicles: -€935
- Stocks and contracts +€670
up €670 (+31.5%), from €2,125 to €2,795
- Trade debts -€1,594
down €1,594 (-65.1%), from €2,447 to €853
- Tax, wage and social debts +€732
up €732 (+151.3%), from €484 to €1,217
- Reserves -€640
no longer reported in 2025 (was €640)
- Other operating charges +€1,677
up €1,677 (+1351.3%), from €124 to €1,802
- Depreciation +€1,028
up €1,028 (+31.7%), from €3,246 to €4,273
- Gross operating margin -€901
down €901 (-14.3%), from €6,318 to €5,417
- Taxes -€327
down €327 (-51.5%), from €634 to €307
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 | €40,556 | €38,661 | -€1,895 | -4.7% |
| Fixed assets | 21/28 | €21,303 | €20,352 | -€951 | -4.5% |
| Tangible fixed assets | 22/27 | €21,253 | €20,302 | -€951 | -4.5% |
| Land and buildings | 22 | €16,299 | €17,068 | +€768 | +4.7% |
| Plant, machinery and equipment | 23 | €2,084 | €1,300 | -€784 | -37.6% |
| Furniture and vehicles | 24 | €2,870 | €1,935 | -€935 | -32.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €19,253 | €18,309 | -€944 | -4.9% |
| Stocks and contracts in progress | 3 | €2,125 | €2,795 | +€670 | +31.5% |
| Stocks | 30/36 | €2,125 | €2,795 | +€670 | +31.5% |
| Amounts receivable within one year | 40/41 | €13,254 | €15,155 | +€1,901 | +14.3% |
| Trade receivables | 40 | €6,852 | €5,437 | -€1,415 | -20.7% |
| Other amounts receivable | 41 | €6,402 | €9,718 | +€3,316 | +51.8% |
| Cash at bank and in hand | 54/58 | €3,543 | €60 | -€3,483 | -98.3% |
| Deferred charges and accrued income | 490/1 | €331 | €299 | -€32 | -9.7% |
| Total equity and liabilities | 10/49 | €40,556 | €38,661 | -€1,895 | -4.7% |
| Equity | 10/15 | €37,625 | €36,592 | -€1,033 | -2.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €640 | - | -€640 | |
| Non-distributable reserves | 130/1 | €640 | - | -€640 | |
| Reserves not available under the articles | 1311 | €640 | - | -€640 | |
| Profit (loss) carried forward | 14 | €30,785 | €30,392 | -€393 | -1.3% |
| Amounts payable | 17/49 | €2,931 | €2,069 | -€862 | -29.4% |
| Amounts payable within one year | 42/48 | €2,931 | €2,069 | -€862 | -29.4% |
| Trade debts | 44 | €2,447 | €853 | -€1,594 | -65.1% |
| Suppliers | 440/4 | €2,447 | €853 | -€1,594 | -65.1% |
| Taxes, remuneration and social security | 45 | €484 | €1,217 | +€732 | +151.3% |
| Taxes | 450/3 | €484 | €1,217 | +€732 | +151.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,246 | €4,273 | +€1,028 | +31.7% |
| Other operating charges | 640/8 | €124 | €1,802 | +€1,677 | +1351.3% |
| Gross operating margin | 9900 | €6,318 | €5,417 | -€901 | -14.3% |
| Operating profit (loss) | 9901 | €2,948 | -€657 | -€3,606 | |
| Financial income | 75/76B | €326 | €368 | +€42 | +12.9% |
| Recurring financial income | 75 | €326 | €368 | +€42 | +12.9% |
| Financial charges | 65/66B | €434 | €437 | +€3 | +0.7% |
| Recurring financial charges | 65 | €434 | €437 | +€3 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €2,841 | -€726 | -€3,567 | |
| Income taxes | 67/77 | €634 | €307 | -€327 | -51.5% |
| Profit (loss) for the period | 9904 | €2,207 | -€1,033 | -€3,240 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,207 | -€1,033 | -€3,240 |
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 10 October 2026 via checked.be.