GRAFISTA: 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.
GRAFISTA
Largest movements
- Receivables within one year +€8,662
up €8,662 (+24.0%), from €36,108 to €44,770
of which Trade receivables: +€11,740
- Tangible fixed assets +€1,691
up €1,691 (+17.4%), from €9,709 to €11,401
of which Furniture and vehicles: +€2,572
- Deferred charges and accrued income -€1,127
down €1,127 (-92.8%), from €1,215 to €88
- Cash -€1,010
down €1,010 (-16.0%), from €6,324 to €5,314
mainly Contributions, distributions and other (-€14,118) and Receivables within one year (-€8,662)
- Other debts +€14,118
new in 2025: €14,118
- Profit (loss) carried forward -€5,816
down €5,816 (-18.3%), from €31,851 to €26,035
- Gross operating margin +€13,672
up €13,672 (+4651.0%), from €294 to €13,966
- Depreciation +€1,526
up €1,526 (+65.6%), from €2,326 to €3,852
- Financial income -€1,039
down €1,039 (-44.5%), from €2,335 to €1,296
- Taxes +€740
up €740 (+54.8%), from €1,350 to €2,090
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 | €53,356 | €61,572 | +€8,216 | +15.4% |
| Fixed assets | 21/28 | €9,709 | €11,401 | +€1,691 | +17.4% |
| Tangible fixed assets | 22/27 | €9,709 | €11,401 | +€1,691 | +17.4% |
| Land and buildings | 22 | €704 | €602 | -€103 | -14.6% |
| Plant, machinery and equipment | 23 | €6,469 | €5,690 | -€779 | -12.0% |
| Furniture and vehicles | 24 | €2,536 | €5,109 | +€2,572 | +101.4% |
| Current assets | 29/58 | €43,647 | €50,172 | +€6,525 | +14.9% |
| Amounts receivable within one year | 40/41 | €36,108 | €44,770 | +€8,662 | +24.0% |
| Trade receivables | 40 | €9,389 | €21,128 | +€11,740 | +125.0% |
| Other amounts receivable | 41 | €26,719 | €23,641 | -€3,078 | -11.5% |
| Cash at bank and in hand | 54/58 | €6,324 | €5,314 | -€1,010 | -16.0% |
| Deferred charges and accrued income | 490/1 | €1,215 | €88 | -€1,127 | -92.8% |
| Total equity and liabilities | 10/49 | €53,356 | €61,572 | +€8,216 | +15.4% |
| Equity | 10/15 | €41,851 | €36,035 | -€5,816 | -13.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,851 | €26,035 | -€5,816 | -18.3% |
| Amounts payable | 17/49 | €11,505 | €25,538 | +€14,032 | +122.0% |
| Amounts payable within one year | 42/48 | €11,505 | €25,538 | +€14,032 | +122.0% |
| Trade debts | 44 | €2,476 | €2,438 | -€38 | -1.5% |
| Suppliers | 440/4 | €2,476 | €2,438 | -€38 | -1.5% |
| Taxes, remuneration and social security | 45 | €9,029 | €8,982 | -€47 | -0.5% |
| Taxes | 450/3 | €9,029 | €8,982 | -€47 | -0.5% |
| Other amounts payable | 47/48 | - | €14,118 | +€14,118 | |
| Non-recurring operating income | 76A | €48 | - | -€48 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,326 | €3,852 | +€1,526 | +65.6% |
| Other operating charges | 640/8 | €487 | €597 | +€110 | +22.6% |
| Gross operating margin | 9900 | €294 | €13,966 | +€13,672 | +4651.0% |
| Operating profit (loss) | 9901 | -€2,519 | €9,517 | +€12,036 | |
| Financial income | 75/76B | €2,335 | €1,296 | -€1,039 | -44.5% |
| Recurring financial income | 75 | €2,335 | €1,296 | -€1,039 | -44.5% |
| Financial charges | 65/66B | €349 | €422 | +€74 | +21.1% |
| Recurring financial charges | 65 | €349 | €422 | +€74 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | -€533 | €10,391 | +€10,924 | |
| Income taxes | 67/77 | €1,350 | €2,090 | +€740 | +54.8% |
| Profit (loss) for the period | 9904 | -€1,883 | €8,301 | +€10,184 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,883 | €8,301 | +€10,184 |
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 2 October 2026 via checked.be.