GRAPHIC SALES SUPPORT: 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.
GRAPHIC SALES SUPPORT
Largest movements
- Receivables within one year -€27,126
down €27,126 (-15.3%), from €177,585 to €150,459
of which Trade receivables: -€25,929
- Intangible fixed assets -€26,000
down €26,000 (-25.6%), from €101,411 to €75,411
- Trade debts -€73,847
down €73,847 (-91.0%), from €81,175 to €7,328
- Profit (loss) carried forward +€52,879
up €52,879 (+79.9%), from -€66,149 to -€13,270
- Short-term financial debts -€31,179
down €31,179 (-66.4%), from €46,975 to €15,796
- Other debts -€7,266
down €7,266 (-41.7%), from €17,417 to €10,151
- Gross operating margin +€63,527
up €63,527 (+102%), from €62,223 to €125,750
- Staff costs +€6,214
up €6,214 (+38.8%), from €16,017 to €22,231
- Taxes +€5,755
up €5,755 (+1,090%), from €528 to €6,283
- Depreciation +€1,328
up €1,328 (+3.7%), from €36,236 to €37,564
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 | €622,583 | €565,709 | -€56,874 | -9.1% |
| Fixed assets | 21/28 | €348,990 | €319,264 | -€29,726 | -8.5% |
| Intangible fixed assets | 21 | €101,411 | €75,411 | -€26,000 | -25.6% |
| Tangible fixed assets | 22/27 | €247,579 | €242,603 | -€4,976 | -2.0% |
| Land and buildings | 22 | €244,851 | €239,696 | -€5,155 | -2.1% |
| Plant, machinery and equipment | 23 | €2,728 | €2,907 | +€179 | +6.6% |
| Financial fixed assets | 28 | - | €1,250 | +€1,250 | |
| Current assets | 29/58 | €273,593 | €246,445 | -€27,148 | -9.9% |
| Stocks and contracts in progress | 3 | €80,465 | €80,465 | = | 0.0% |
| Stocks | 30/36 | €80,465 | €80,465 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €177,585 | €150,459 | -€27,126 | -15.3% |
| Trade receivables | 40 | €169,761 | €143,832 | -€25,929 | -15.3% |
| Other amounts receivable | 41 | €7,824 | €6,627 | -€1,197 | -15.3% |
| Cash at bank and in hand | 54/58 | €14,065 | €14,024 | -€41 | -0.3% |
| Deferred charges and accrued income | 490/1 | €1,478 | €1,497 | +€19 | +1.3% |
| Total equity and liabilities | 10/49 | €622,583 | €565,709 | -€56,874 | -9.1% |
| Equity | 10/15 | €50,851 | €103,730 | +€52,879 | +104% |
| Contributions | 10/11 | €117,000 | €117,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,149 | -€13,270 | +€52,879 | +79.9% |
| Amounts payable | 17/49 | €571,732 | €461,979 | -€109,753 | -19.2% |
| Amounts payable after more than one year | 17 | €334,842 | €334,842 | = | 0.0% |
| Financial debts | 170/4 | €212,842 | €334,842 | +€122,000 | +57.3% |
| Other amounts payable | 178/9 | €122,000 | - | -€122,000 | |
| Amounts payable within one year | 42/48 | €236,890 | €127,137 | -€109,753 | -46.3% |
| Current portion of amounts payable after more than one year | 42 | €5,643 | €5,643 | = | 0.0% |
| Financial debts | 43 | €46,975 | €15,796 | -€31,179 | -66.4% |
| Credit institutions | 430/8 | €46,975 | €15,796 | -€31,179 | -66.4% |
| Trade debts | 44 | €81,175 | €7,328 | -€73,847 | -91.0% |
| Suppliers | 440/4 | €81,175 | €7,328 | -€73,847 | -91.0% |
| Taxes, remuneration and social security | 45 | €85,680 | €88,219 | +€2,539 | +3.0% |
| Taxes | 450/3 | €77,731 | €83,528 | +€5,797 | +7.5% |
| Remuneration and social security | 454/9 | €7,949 | €4,691 | -€3,258 | -41.0% |
| Other amounts payable | 47/48 | €17,417 | €10,151 | -€7,266 | -41.7% |
| Remuneration, social security and pensions | 62 | €16,017 | €22,231 | +€6,214 | +38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,236 | €37,564 | +€1,328 | +3.7% |
| Other operating charges | 640/8 | €1,883 | €2,335 | +€452 | +24.0% |
| Gross operating margin | 9900 | €62,223 | €125,750 | +€63,527 | +102% |
| Operating profit (loss) | 9901 | €8,087 | €63,620 | +€55,533 | +687% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €3,392 | €4,261 | +€869 | +25.6% |
| Recurring financial charges | 65 | €3,392 | €4,261 | +€869 | +25.6% |
| Profit (loss) for the period before taxes | 9903 | €4,699 | €59,359 | +€54,660 | +1,163% |
| Income taxes | 67/77 | €528 | €6,283 | +€5,755 | +1,090% |
| Profit (loss) for the period | 9904 | €4,171 | €53,076 | +€48,905 | +1,173% |
| Profit (loss) for the period to be appropriated | 9905 | €4,171 | €53,076 | +€48,905 | +1,173% |
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 26 October 2026 via checked.be.