Gramat: 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.
Gramat
Largest movements
- Tangible fixed assets +€117,461
up €117,461 (+37.6%), from €312,377 to €429,839
of which Furniture and vehicles: +€119,876
- Receivables within one year +€60,368
up €60,368 (+10.1%), from €600,164 to €660,533
of which Trade receivables: +€60,021
- Cash -€21,306
down €21,306 (-9.8%), from €217,447 to €196,141
mainly Investment in fixed assets (net) (-€229,121) and Receivables within one year (-€60,368)
- Trade debts +€127,091
up €127,091 (+52.8%), from €240,510 to €367,601
- Other debts +€21,420
up €21,420 (+1.6%), from €1.3m to €1.3m
- Gross operating margin +€88,193
up €88,193 (+10.2%), from €864,747 to €952,940
- Staff costs +€54,240
up €54,240 (+7.1%), from €762,311 to €816,550
- Depreciation +€25,123
up €25,123 (+27.4%), from €91,537 to €116,659
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 | €1,842,605 | €1,985,291 | +€142,685 | +7.7% |
| Fixed assets | 21/28 | €327,377 | €439,839 | +€112,461 | +34.4% |
| Intangible fixed assets | 21 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Tangible fixed assets | 22/27 | €312,377 | €429,839 | +€117,461 | +37.6% |
| Land and buildings | 22 | €156,154 | €150,044 | -€6,110 | -3.9% |
| Plant, machinery and equipment | 23 | €9,816 | €21,710 | +€11,894 | +121.2% |
| Furniture and vehicles | 24 | €138,208 | €258,084 | +€119,876 | +86.7% |
| Leasing and similar rights | 25 | €8,198 | €0 | -€8,198 | -100.0% |
| Current assets | 29/58 | €1,515,228 | €1,545,452 | +€30,224 | +2.0% |
| Stocks and contracts in progress | 3 | €697,617 | €688,779 | -€8,838 | -1.3% |
| Stocks | 30/36 | €697,617 | €688,779 | -€8,838 | -1.3% |
| Amounts receivable within one year | 40/41 | €600,164 | €660,533 | +€60,368 | +10.1% |
| Trade receivables | 40 | €595,156 | €655,177 | +€60,021 | +10.1% |
| Other amounts receivable | 41 | €5,008 | €5,356 | +€347 | +6.9% |
| Cash at bank and in hand | 54/58 | €217,447 | €196,141 | -€21,306 | -9.8% |
| Total equity and liabilities | 10/49 | €1,842,605 | €1,985,291 | +€142,685 | +7.7% |
| Equity | 10/15 | €93,971 | €94,491 | +€521 | +0.6% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €511,521 | €511,521 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,107 | €2,107 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,107 | €2,107 | = | 0.0% |
| Distributable reserves | 133 | €509,414 | €509,414 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€439,550 | -€439,030 | +€521 | +0.1% |
| Amounts payable | 17/49 | €1,748,635 | €1,890,799 | +€142,164 | +8.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,748,635 | €1,890,799 | +€142,164 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €17,421 | €0 | -€17,421 | -100.0% |
| Trade debts | 44 | €240,510 | €367,601 | +€127,091 | +52.8% |
| Suppliers | 440/4 | €240,510 | €367,601 | +€127,091 | +52.8% |
| Taxes, remuneration and social security | 45 | €170,997 | €182,071 | +€11,074 | +6.5% |
| Taxes | 450/3 | €29,870 | €32,132 | +€2,262 | +7.6% |
| Remuneration and social security | 454/9 | €141,127 | €149,939 | +€8,812 | +6.2% |
| Other amounts payable | 47/48 | €1,319,707 | €1,341,127 | +€21,420 | +1.6% |
| Remuneration, social security and pensions | 62 | €762,311 | €816,550 | +€54,240 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,537 | €116,659 | +€25,123 | +27.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,812 | +€6,812 | |
| Other operating charges | 640/8 | €10,562 | €5,775 | -€4,787 | -45.3% |
| Gross operating margin | 9900 | €864,747 | €952,940 | +€88,193 | +10.2% |
| Operating profit (loss) | 9901 | €337 | €7,143 | +€6,806 | +2019.4% |
| Financial income | 75/76B | €2,135 | €5,076 | +€2,942 | +137.8% |
| Recurring financial income | 75 | €2,135 | €135 | -€1,999 | -93.7% |
| Non-recurring financial income | 76B | - | €4,941 | +€4,941 | |
| Financial charges | 65/66B | €4,527 | €7,712 | +€3,185 | +70.3% |
| Recurring financial charges | 65 | €4,527 | €7,712 | +€3,185 | +70.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,056 | €4,508 | +€6,563 | |
| Income taxes | 67/77 | €4,471 | €3,987 | -€484 | -10.8% |
| Profit (loss) for the period | 9904 | -€6,527 | €521 | +€7,048 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,527 | €521 | +€7,048 |
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 6 October 2026 via checked.be.