GRAMVAN: 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.
GRAMVAN
Largest movements
- Cash -€9,128
down €9,128 (-75.3%), from €12,126 to €2,999
mainly Net result for the year (-€16,548) and Debts after one year (-€7,493)
- Tangible fixed assets -€8,326
down €8,326 (-22.6%), from €36,799 to €28,473
of which Furniture and vehicles: -€7,288
- Receivables within one year -€4,325
down €4,325 (-12.4%), from €34,939 to €30,615
of which Trade receivables: -€2,673
- Stocks and contracts +€2,348
up €2,348 (+12.3%), from €19,053 to €21,401
- Profit (loss) carried forward -€16,548
down €16,548 (-43.5%), from -€38,066 to -€54,614
- Trade debts +€8,017
up €8,017 (+35.4%), from €22,629 to €30,646
- Debts after one year -€7,493
down €7,493 (-38.8%), from €19,304 to €11,812
- Other debts -€3,887
down €3,887 (-100.0%), from €3,887 to €0
- Gross operating margin -€19,070
down €19,070 (-28.2%), from €67,712 to €48,642
- Depreciation +€3,494
up €3,494 (+72.3%), from €4,832 to €8,326
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 | €103,478 | €84,086 | -€19,392 | -18.7% |
| Fixed assets | 21/28 | €36,799 | €28,473 | -€8,326 | -22.6% |
| Tangible fixed assets | 22/27 | €36,799 | €28,473 | -€8,326 | -22.6% |
| Plant, machinery and equipment | 23 | €4,155 | €3,116 | -€1,039 | -25.0% |
| Furniture and vehicles | 24 | €32,644 | €25,357 | -€7,288 | -22.3% |
| Current assets | 29/58 | €66,679 | €55,613 | -€11,065 | -16.6% |
| Stocks and contracts in progress | 3 | €19,053 | €21,401 | +€2,348 | +12.3% |
| Stocks | 30/36 | €19,053 | €21,401 | +€2,348 | +12.3% |
| Amounts receivable within one year | 40/41 | €34,939 | €30,615 | -€4,325 | -12.4% |
| Trade receivables | 40 | €32,957 | €30,283 | -€2,673 | -8.1% |
| Other amounts receivable | 41 | €1,983 | €331 | -€1,651 | -83.3% |
| Cash at bank and in hand | 54/58 | €12,126 | €2,999 | -€9,128 | -75.3% |
| Deferred charges and accrued income | 490/1 | €560 | €599 | +€39 | +7.0% |
| Total equity and liabilities | 10/49 | €103,478 | €84,086 | -€19,392 | -18.7% |
| Equity | 10/15 | €49,934 | €33,386 | -€16,548 | -33.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €69,400 | €69,400 | = | 0.0% |
| Distributable reserves | 133 | €69,400 | €69,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,066 | -€54,614 | -€16,548 | -43.5% |
| Amounts payable | 17/49 | €53,544 | €50,701 | -€2,843 | -5.3% |
| Amounts payable after more than one year | 17 | €19,304 | €11,812 | -€7,493 | -38.8% |
| Financial debts | 170/4 | €19,304 | €11,812 | -€7,493 | -38.8% |
| Amounts payable within one year | 42/48 | €34,240 | €38,889 | +€4,649 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €7,201 | €7,493 | +€292 | +4.0% |
| Trade debts | 44 | €22,629 | €30,646 | +€8,017 | +35.4% |
| Suppliers | 440/4 | €22,629 | €30,646 | +€8,017 | +35.4% |
| Taxes, remuneration and social security | 45 | €523 | €750 | +€227 | +43.5% |
| Taxes | 450/3 | €523 | €750 | +€227 | +43.5% |
| Other amounts payable | 47/48 | €3,887 | €0 | -€3,887 | -100.0% |
| Non-recurring operating income | 76A | €9,500 | €0 | -€9,500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,832 | €8,326 | +€3,494 | +72.3% |
| Other operating charges | 640/8 | €772 | €1,395 | +€622 | +80.6% |
| Gross operating margin | 9900 | €67,712 | €48,642 | -€19,070 | -28.2% |
| Operating profit (loss) | 9901 | €62,107 | €38,921 | -€23,187 | -37.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €54,832 | €55,469 | +€638 | +1.2% |
| Recurring financial charges | 65 | €54,832 | €55,469 | +€638 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €7,276 | -€16,548 | -€23,824 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €7,276 | -€16,548 | -€23,824 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,276 | -€16,548 | -€23,824 |
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 4 October 2026 via checked.be.