GRAPHIC SOLUTIONS: 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 SOLUTIONS
Largest movements
- Cash +€516,419
up €516,419 (+193%), from €267,479 to €783,898
mainly Current investments (+€450,000) and Net result for the year (+€68,458)
- Current investments -€450,000
down €450,000 (-100%), from €450,000 to €0
- Tangible fixed assets -€15,717
down €15,717 (-11.0%), from €143,225 to €127,507
of which Land and buildings: -€12,300
- Reserves +€68,458
up €68,458 (+8.1%), from €850,219 to €918,676
of which Distributable reserves: +€68,458
- Other debts -€25,522
down €25,522 (-51.5%), from €49,532 to €24,010
- Gross operating margin +€40,575
up €40,575 (+52.9%), from €76,716 to €117,291
- Taxes +€14,595
up €14,595 (+71.5%), from €20,414 to €35,010
- Financial income -€13,434
down €13,434 (-57.7%), from €23,276 to €9,842
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 | €927,992 | €977,848 | +€49,856 | +5.4% |
| Fixed assets | 21/28 | €163,225 | €147,507 | -€15,717 | -9.6% |
| Tangible fixed assets | 22/27 | €143,225 | €127,507 | -€15,717 | -11.0% |
| Land and buildings | 22 | €138,790 | €126,490 | -€12,300 | -8.9% |
| Plant, machinery and equipment | 23 | €1,415 | €420 | -€995 | -70.3% |
| Furniture and vehicles | 24 | €3,019 | €597 | -€2,422 | -80.2% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €764,767 | €830,340 | +€65,573 | +8.6% |
| Amounts receivable within one year | 40/41 | €24,133 | €26,650 | +€2,517 | +10.4% |
| Trade receivables | 40 | €9,583 | €18,099 | +€8,516 | +88.9% |
| Other amounts receivable | 41 | €14,550 | €8,551 | -€5,999 | -41.2% |
| Current investments | 50/53 | €450,000 | €0 | -€450,000 | -100% |
| Cash at bank and in hand | 54/58 | €267,479 | €783,898 | +€516,419 | +193% |
| Deferred charges and accrued income | 490/1 | €23,156 | €19,792 | -€3,364 | -14.5% |
| Total equity and liabilities | 10/49 | €927,992 | €977,848 | +€49,856 | +5.4% |
| Equity | 10/15 | €868,969 | €937,426 | +€68,458 | +7.9% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €850,219 | €918,676 | +€68,458 | +8.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €850,219 | €918,676 | +€68,458 | +8.1% |
| Amounts payable | 17/49 | €59,023 | €40,422 | -€18,602 | -31.5% |
| Amounts payable within one year | 42/48 | €58,988 | €40,376 | -€18,612 | -31.6% |
| Trade debts | 44 | €2,840 | €4,213 | +€1,373 | +48.3% |
| Suppliers | 440/4 | €2,840 | €4,213 | +€1,373 | +48.3% |
| Taxes, remuneration and social security | 45 | €6,616 | €12,153 | +€5,537 | +83.7% |
| Taxes | 450/3 | €6,616 | €12,153 | +€5,537 | +83.7% |
| Other amounts payable | 47/48 | €49,532 | €24,010 | -€25,522 | -51.5% |
| Accrued charges and deferred income | 492/3 | €35 | €46 | +€11 | +29.9% |
| Non-recurring operating income | 76A | €1,915 | €0 | -€1,915 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,717 | €15,717 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €95 | +€95 | |
| Other operating charges | 640/8 | €3,532 | €3,993 | +€461 | +13.0% |
| Gross operating margin | 9900 | €76,716 | €117,291 | +€40,575 | +52.9% |
| Operating profit (loss) | 9901 | €57,466 | €97,486 | +€40,020 | +69.6% |
| Financial income | 75/76B | €23,276 | €9,842 | -€13,434 | -57.7% |
| Recurring financial income | 75 | €23,276 | €9,842 | -€13,434 | -57.7% |
| Financial charges | 65/66B | €3,467 | €3,861 | +€394 | +11.4% |
| Recurring financial charges | 65 | €3,467 | €3,861 | +€394 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | €77,276 | €103,467 | +€26,191 | +33.9% |
| Income taxes | 67/77 | €20,414 | €35,010 | +€14,595 | +71.5% |
| Profit (loss) for the period | 9904 | €56,861 | €68,458 | +€11,596 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €56,861 | €68,458 | +€11,596 | +20.4% |
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 24 October 2026 via checked.be.