GRAMI-TRANS: 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.
GRAMI-TRANS
Largest movements
- Receivables within one year -€13,914
down €13,914 (-22.0%), from €63,369 to €49,455
of which Trade receivables: -€10,482
- Cash -€4,016
no longer reported in 2025 (was €4,016)
mainly Tax, wage and social debts (-€20,737) and Debts after one year (-€4,225)
- Deferred charges and accrued income +€1,824
new in 2025: €1,824
- Tangible fixed assets -€1,397
down €1,397 (-55.5%), from €2,518 to €1,120
of which Plant, machinery and equipment: -€769
- Tax, wage and social debts -€20,737
down €20,737 (-59.1%), from €35,088 to €14,351
of which Remuneration and social security: -€11,708
- Trade debts +€6,926
up €6,926 (+154%), from €4,493 to €11,419
- Short-term financial debts +€5,868
new in 2025: €5,868
- Debts after one year -€4,225
no longer reported in 2025 (was €4,225)
- Profit (loss) carried forward -€2,850
down €2,850 (-43.1%), from -€6,619 to -€9,469
- Gross operating margin -€34,823
down €34,823 (-32.2%), from €108,178 to €73,356
- Staff costs -€9,705
down €9,705 (-12.1%), from €80,307 to €70,602
- Other operating charges -€5,678
down €5,678 (-61.9%), from €9,178 to €3,500
- Financial charges -€4,662
down €4,662 (-74.5%), from €6,256 to €1,594
- Depreciation -€2,866
down €2,866 (-67.2%), from €4,263 to €1,397
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.
Derived cash bridge
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 | €69,903 | €52,400 | -€17,503 | -25.0% |
| Fixed assets | 21/28 | €2,518 | €1,120 | -€1,397 | -55.5% |
| Tangible fixed assets | 22/27 | €2,518 | €1,120 | -€1,397 | -55.5% |
| Plant, machinery and equipment | 23 | €957 | €188 | -€769 | -80.4% |
| Furniture and vehicles | 24 | €1,561 | €933 | -€628 | -40.2% |
| Current assets | 29/58 | €67,385 | €51,279 | -€16,105 | -23.9% |
| Amounts receivable within one year | 40/41 | €63,369 | €49,455 | -€13,914 | -22.0% |
| Trade receivables | 40 | €45,288 | €34,806 | -€10,482 | -23.1% |
| Other amounts receivable | 41 | €18,081 | €14,649 | -€3,431 | -19.0% |
| Cash at bank and in hand | 54/58 | €4,016 | - | -€4,016 | |
| Deferred charges and accrued income | 490/1 | - | €1,824 | +€1,824 | |
| Total equity and liabilities | 10/49 | €69,903 | €52,400 | -€17,503 | -25.0% |
| Equity | 10/15 | €15,731 | €12,882 | -€2,850 | -18.1% |
| Contributions | 10/11 | €11,197 | €11,197 | = | 0.0% |
| Reserves | 13 | €11,154 | €11,154 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,279 | €9,279 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,619 | -€9,469 | -€2,850 | -43.1% |
| Amounts payable | 17/49 | €54,171 | €39,518 | -€14,653 | -27.0% |
| Amounts payable after more than one year | 17 | €4,225 | - | -€4,225 | |
| Financial debts | 170/4 | €4,225 | - | -€4,225 | |
| Amounts payable within one year | 42/48 | €49,947 | €39,518 | -€10,428 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €10,366 | €7,881 | -€2,485 | -24.0% |
| Financial debts | 43 | - | €5,868 | +€5,868 | |
| Credit institutions | 430/8 | - | €5,868 | +€5,868 | |
| Trade debts | 44 | €4,493 | €11,419 | +€6,926 | +154% |
| Suppliers | 440/4 | €4,493 | €11,419 | +€6,926 | +154% |
| Taxes, remuneration and social security | 45 | €35,088 | €14,351 | -€20,737 | -59.1% |
| Taxes | 450/3 | €12,936 | €3,907 | -€9,028 | -69.8% |
| Remuneration and social security | 454/9 | €22,152 | €10,444 | -€11,708 | -52.9% |
| Non-recurring operating income | 76A | €2,466 | - | -€2,466 | |
| Remuneration, social security and pensions | 62 | €80,307 | €70,602 | -€9,705 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,263 | €1,397 | -€2,866 | -67.2% |
| Other operating charges | 640/8 | €9,178 | €3,500 | -€5,678 | -61.9% |
| Gross operating margin | 9900 | €108,178 | €73,356 | -€34,823 | -32.2% |
| Operating profit (loss) | 9901 | €14,430 | -€2,144 | -€16,574 | |
| Financial income | 75/76B | €1,252 | €888 | -€364 | -29.1% |
| Recurring financial income | 75 | €1,252 | €888 | -€364 | -29.1% |
| Financial charges | 65/66B | €6,256 | €1,594 | -€4,662 | -74.5% |
| Recurring financial charges | 65 | €6,256 | €1,594 | -€4,662 | -74.5% |
| Profit (loss) for the period before taxes | 9903 | €9,427 | -€2,850 | -€12,277 | |
| Income taxes | 67/77 | €2,804 | - | -€2,804 | |
| Profit (loss) for the period | 9904 | €6,623 | -€2,850 | -€9,473 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,623 | -€2,850 | -€9,473 |
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 1 November 2026 via checked.be.