GRAPHICOMP: 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.
GRAPHICOMP
Largest movements
- Receivables within one year -€67,073
down €67,073 (-31.9%), from €209,945 to €142,873
of which Other amounts receivable: -€154,393
- Deferred charges and accrued income -€36,947
down €36,947 (-96.9%), from €38,129 to €1,182
- Stocks and contracts -€15,600
down €15,600 (-100%), from €15,600 to €0
- Intangible fixed assets -€14,228
down €14,228 (-17.8%), from €79,948 to €65,719
- Cash +€13,844
up €13,844 (+71.0%), from €19,489 to €33,333
mainly Receivables within one year (+€67,073) and Depreciation (+€47,498)
- Other debts -€114,700
down €114,700 (-100%), from €114,700 to €0
- Accrued charges and deferred income -€7,332
down €7,332 (-38.8%), from €18,890 to €11,558
- Tax, wage and social debts -€6,218
down €6,218 (-22.3%), from €27,882 to €21,665
of which Taxes: -€5,419
- Short-term financial debts -€5,086
down €5,086 (-5.3%), from €95,086 to €90,000
- Staff costs +€38,993
up €38,993 (+152%), from €25,611 to €64,604
- Financial income -€33,635
down €33,635 (-90.1%), from €37,319 to €3,684
- Gross operating margin +€30,224
up €30,224 (+35.1%), from €86,113 to €116,337
- Depreciation -€7,601
down €7,601 (-13.8%), from €55,100 to €47,498
- Financial charges -€6,770
down €6,770 (-51.3%), from €13,191 to €6,421
of which Financial charges: -€6,770
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 | €410,697 | €278,477 | -€132,220 | -32.2% |
| Fixed assets | 21/28 | €127,534 | €101,089 | -€26,445 | -20.7% |
| Intangible fixed assets | 21 | €79,948 | €65,719 | -€14,228 | -17.8% |
| Tangible fixed assets | 22/27 | €47,586 | €35,370 | -€12,216 | -25.7% |
| Furniture and vehicles | 24 | €47,586 | €35,370 | -€12,216 | -25.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €283,164 | €177,388 | -€105,776 | -37.4% |
| Stocks and contracts in progress | 3 | €15,600 | €0 | -€15,600 | -100% |
| Stocks | 30/36 | €15,600 | €0 | -€15,600 | -100% |
| Amounts receivable within one year | 40/41 | €209,945 | €142,873 | -€67,073 | -31.9% |
| Trade receivables | 40 | €55,552 | €142,873 | +€87,321 | +157% |
| Other amounts receivable | 41 | €154,393 | €0 | -€154,393 | -100% |
| Cash at bank and in hand | 54/58 | €19,489 | €33,333 | +€13,844 | +71.0% |
| Deferred charges and accrued income | 490/1 | €38,129 | €1,182 | -€36,947 | -96.9% |
| Total equity and liabilities | 10/49 | €410,697 | €278,477 | -€132,220 | -32.2% |
| Equity | 10/15 | €124,964 | €125,098 | +€134 | +0.1% |
| Contributions | 10/11 | €2,856,719 | €2,856,719 | = | 0.0% |
| Capital | 10 | €2,856,719 | €2,856,719 | = | 0.0% |
| Issued capital | 100 | €2,856,719 | €2,856,719 | = | 0.0% |
| Reserves | 13 | €796,692 | €796,692 | = | 0.0% |
| Non-distributable reserves | 130/1 | €285,672 | €285,672 | = | 0.0% |
| Legal reserve | 130 | €285,672 | €285,672 | = | 0.0% |
| Tax-exempt reserves | 132 | €32,722 | €32,722 | = | 0.0% |
| Distributable reserves | 133 | €478,298 | €478,298 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,528,447 | -€3,528,313 | +€134 | 0.0% |
| Amounts payable | 17/49 | €285,733 | €153,379 | -€132,354 | -46.3% |
| Amounts payable within one year | 42/48 | €266,843 | €141,821 | -€125,022 | -46.9% |
| Financial debts | 43 | €95,086 | €90,000 | -€5,086 | -5.3% |
| Credit institutions | 430/8 | €95,086 | €90,000 | -€5,086 | -5.3% |
| Trade debts | 44 | €29,175 | €30,156 | +€981 | +3.4% |
| Suppliers | 440/4 | €29,175 | €30,156 | +€981 | +3.4% |
| Taxes, remuneration and social security | 45 | €27,882 | €21,665 | -€6,218 | -22.3% |
| Taxes | 450/3 | €13,069 | €7,650 | -€5,419 | -41.5% |
| Remuneration and social security | 454/9 | €14,813 | €14,015 | -€799 | -5.4% |
| Other amounts payable | 47/48 | €114,700 | €0 | -€114,700 | -100% |
| Accrued charges and deferred income | 492/3 | €18,890 | €11,558 | -€7,332 | -38.8% |
| Remuneration, social security and pensions | 62 | €25,611 | €64,604 | +€38,993 | +152% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,100 | €47,498 | -€7,601 | -13.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,911 | €1,150 | -€760 | -39.8% |
| Gross operating margin | 9900 | €86,113 | €116,337 | +€30,224 | +35.1% |
| Operating profit (loss) | 9901 | €3,492 | €3,084 | -€408 | -11.7% |
| Financial income | 75/76B | €37,319 | €3,684 | -€33,635 | -90.1% |
| Recurring financial income | 75 | €37,319 | €3,684 | -€33,635 | -90.1% |
| Financial charges | 65/66B | €13,191 | €6,421 | -€6,770 | -51.3% |
| Recurring financial charges | 65 | €13,191 | €6,421 | -€6,770 | -51.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €27,620 | €348 | -€27,272 | -98.7% |
| Income taxes | 67/77 | €54 | €214 | +€160 | +293% |
| Profit (loss) for the period | 9904 | €27,566 | €134 | -€27,432 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,566 | €134 | -€27,432 | -99.5% |
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 14 October 2026 via checked.be.