GRAPHOPRINT SERVICES: 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.
GRAPHOPRINT SERVICES
Largest movements
- Tangible fixed assets -€65,315
down €65,315 (-4.4%), from €1.5m to €1.4m
of which Land and buildings: -€59,179
- Cash -€26,281
down €26,281 (-89.2%), from €29,472 to €3,191
mainly Current portion of long-term debt (-€87,278) and Debts after one year (-€72,028)
- Receivables within one year -€20,426
down €20,426 (-37.7%), from €54,178 to €33,752
of which Other amounts receivable: -€18,296
- Current portion of long-term debt -€87,278
down €87,278 (-54.8%), from €159,306 to €72,028
- Debts after one year -€72,028
no longer reported in 2024 (was €72,028)
- Other debts +€68,899
up €68,899 (+16.2%), from €424,037 to €492,935
- Gross operating margin +€17,973
up €17,973 (+12.3%), from €145,970 to €163,943
- Financial charges +€12,226
up €12,226 (+47.7%), from €25,629 to €37,855
- Staff costs +€4,034
up €4,034 (+8.7%), from €46,140 to €50,174
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,591,102 | €1,479,040 | -€112,063 | -7.0% |
| Fixed assets | 21/28 | €1,498,852 | €1,433,537 | -€65,315 | -4.4% |
| Tangible fixed assets | 22/27 | €1,498,852 | €1,433,537 | -€65,315 | -4.4% |
| Land and buildings | 22 | €1,442,998 | €1,383,819 | -€59,179 | -4.1% |
| Plant, machinery and equipment | 23 | €644 | €4,806 | +€4,162 | +645.9% |
| Other tangible fixed assets | 26 | €55,210 | €44,911 | -€10,298 | -18.7% |
| Current assets | 29/58 | €92,250 | €45,503 | -€46,747 | -50.7% |
| Stocks and contracts in progress | 3 | €6,433 | €7,204 | +€771 | +12.0% |
| Stocks | 30/36 | €6,433 | €7,204 | +€771 | +12.0% |
| Amounts receivable within one year | 40/41 | €54,178 | €33,752 | -€20,426 | -37.7% |
| Trade receivables | 40 | €24,048 | €21,917 | -€2,130 | -8.9% |
| Other amounts receivable | 41 | €30,131 | €11,835 | -€18,296 | -60.7% |
| Cash at bank and in hand | 54/58 | €29,472 | €3,191 | -€26,281 | -89.2% |
| Deferred charges and accrued income | 490/1 | €2,167 | €1,356 | -€811 | -37.4% |
| Total equity and liabilities | 10/49 | €1,591,102 | €1,479,040 | -€112,063 | -7.0% |
| Equity | 10/15 | €911,517 | €899,935 | -€11,581 | -1.3% |
| Contributions | 10/11 | €330,000 | €330,000 | = | 0.0% |
| Capital | 10 | €330,000 | €330,000 | = | 0.0% |
| Issued capital | 100 | €330,000 | €330,000 | = | 0.0% |
| Reserves | 13 | €113,949 | €113,949 | = | 0.0% |
| Non-distributable reserves | 130/1 | €33,000 | €33,000 | = | 0.0% |
| Legal reserve | 130 | €33,000 | €33,000 | = | 0.0% |
| Distributable reserves | 133 | €80,949 | €80,949 | = | 0.0% |
| Profit (loss) carried forward | 14 | €467,567 | €455,986 | -€11,581 | -2.5% |
| Amounts payable | 17/49 | €679,586 | €579,104 | -€100,481 | -14.8% |
| Amounts payable after more than one year | 17 | €72,028 | - | -€72,028 | |
| Financial debts | 170/4 | €72,028 | - | -€72,028 | |
| Amounts payable within one year | 42/48 | €605,061 | €576,909 | -€28,153 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €159,306 | €72,028 | -€87,278 | -54.8% |
| Trade debts | 44 | €17,229 | €2,752 | -€14,477 | -84.0% |
| Suppliers | 440/4 | €17,229 | €2,752 | -€14,477 | -84.0% |
| Advances received on contracts in progress | 46 | - | €3,370 | +€3,370 | |
| Taxes, remuneration and social security | 45 | €4,489 | €5,823 | +€1,334 | +29.7% |
| Remuneration and social security | 454/9 | €4,489 | €5,823 | +€1,334 | +29.7% |
| Other amounts payable | 47/48 | €424,037 | €492,935 | +€68,899 | +16.2% |
| Accrued charges and deferred income | 492/3 | €2,496 | €2,196 | -€301 | -12.0% |
| Non-recurring operating income | 76A | €24,500 | - | -€24,500 | |
| Remuneration, social security and pensions | 62 | €46,140 | €50,174 | +€4,034 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,692 | €70,411 | +€718 | +1.0% |
| Other operating charges | 640/8 | €14,811 | €15,473 | +€662 | +4.5% |
| Gross operating margin | 9900 | €145,970 | €163,943 | +€17,973 | +12.3% |
| Operating profit (loss) | 9901 | €15,326 | €27,885 | +€12,558 | +81.9% |
| Financial income | 75/76B | €102 | €4 | -€98 | -96.4% |
| Recurring financial income | 75 | €102 | €4 | -€98 | -96.4% |
| Financial charges | 65/66B | €25,629 | €37,855 | +€12,226 | +47.7% |
| Recurring financial charges | 65 | €25,629 | €37,855 | +€12,226 | +47.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,200 | -€9,967 | +€234 | +2.3% |
| Income taxes | 67/77 | €270 | €1,615 | +€1,345 | +498.0% |
| Profit (loss) for the period | 9904 | -€10,470 | -€11,581 | -€1,111 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,470 | -€11,581 | -€1,111 | -10.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.