GRAPHMED: 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.
GRAPHMED
Largest movements
- Deferred charges and accrued income -€1,755
down €1,755 (-96.6%), from €1,817 to €62
- Receivables within one year +€620
up €620 (+67.3%), from €922 to €1,542
of which Trade receivables: +€351
- Cash -€264
down €264 (-80.6%), from €327 to €63
mainly Net result for the year (-€4,988) and Receivables within one year (-€620)
- Profit (loss) carried forward -€4,988
down €4,988 (-8.9%), from -€56,085 to -€61,073
- Other debts +€2,910
up €2,910 (+7.5%), from €38,714 to €41,624
- Trade debts +€678
up €678 (+62.7%), from €1,081 to €1,760
- Gross operating margin -€304
down €304 (-8.9%), from -€3,413 to -€3,717
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 | €3,066 | €1,667 | -€1,399 | -45.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €3,066 | €1,667 | -€1,399 | -45.6% |
| Amounts receivable within one year | 40/41 | €922 | €1,542 | +€620 | +67.3% |
| Trade receivables | 40 | €133 | €484 | +€351 | +265.0% |
| Other amounts receivable | 41 | €789 | €1,058 | +€269 | +34.0% |
| Cash at bank and in hand | 54/58 | €327 | €63 | -€264 | -80.6% |
| Deferred charges and accrued income | 490/1 | €1,817 | €62 | -€1,755 | -96.6% |
| Total equity and liabilities | 10/49 | €3,066 | €1,667 | -€1,399 | -45.6% |
| Equity | 10/15 | -€36,729 | -€41,716 | -€4,988 | -13.6% |
| Contributions | 10/11 | €17,497 | €17,497 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,085 | -€61,073 | -€4,988 | -8.9% |
| Amounts payable | 17/49 | €39,795 | €43,383 | +€3,589 | +9.0% |
| Amounts payable within one year | 42/48 | €39,795 | €43,383 | +€3,589 | +9.0% |
| Trade debts | 44 | €1,081 | €1,760 | +€678 | +62.7% |
| Suppliers | 440/4 | €1,081 | €1,760 | +€678 | +62.7% |
| Other amounts payable | 47/48 | €38,714 | €41,624 | +€2,910 | +7.5% |
| Other operating charges | 640/8 | €1,201 | €1,226 | +€24 | +2.0% |
| Gross operating margin | 9900 | -€3,413 | -€3,717 | -€304 | -8.9% |
| Operating profit (loss) | 9901 | -€4,614 | -€4,943 | -€328 | -7.1% |
| Financial charges | 65/66B | €50 | €45 | -€5 | -9.2% |
| Recurring financial charges | 65 | €50 | €45 | -€5 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,664 | -€4,988 | -€324 | -6.9% |
| Profit (loss) for the period | 9904 | -€4,664 | -€4,988 | -€324 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,664 | -€4,988 | -€324 | -6.9% |
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 6 October 2026 via checked.be.