GraphxStudio: 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.
GraphxStudio
Largest movements
- Receivables within one year -€10,636
down €10,636 (-78.8%), from €13,504 to €2,868
of which Trade receivables: -€13,375
- Cash -€5,527
down €5,527 (-20.5%), from €26,937 to €21,410
mainly Net result for the year (-€16,368) and Other debts (-€1,877)
- Tangible fixed assets -€1,766
down €1,766 (-33.7%), from €5,235 to €3,469
of which Furniture and vehicles: -€955
- Reserves -€16,368
down €16,368 (-43.6%), from €37,502 to €21,134
- Other debts -€1,877
down €1,877 (-63.0%), from €2,980 to €1,103
- Trade debts +€697
new in 2025: €697
- Gross operating margin -€44,838
down €44,838, from €32,157 to -€12,681
- Taxes -€6,739
down €6,739 (-98.1%), from €6,871 to €132
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 | €46,301 | €28,765 | -€17,536 | -37.9% |
| Fixed assets | 21/28 | €5,235 | €3,469 | -€1,766 | -33.7% |
| Tangible fixed assets | 22/27 | €5,235 | €3,469 | -€1,766 | -33.7% |
| Plant, machinery and equipment | 23 | €2,741 | €1,930 | -€811 | -29.6% |
| Furniture and vehicles | 24 | €2,494 | €1,539 | -€955 | -38.3% |
| Current assets | 29/58 | €41,066 | €25,296 | -€15,770 | -38.4% |
| Amounts receivable within one year | 40/41 | €13,504 | €2,868 | -€10,636 | -78.8% |
| Trade receivables | 40 | €13,375 | - | -€13,375 | |
| Other amounts receivable | 41 | €129 | €2,868 | +€2,739 | +2129.8% |
| Cash at bank and in hand | 54/58 | €26,937 | €21,410 | -€5,527 | -20.5% |
| Deferred charges and accrued income | 490/1 | €626 | €1,018 | +€392 | +62.6% |
| Total equity and liabilities | 10/49 | €46,301 | €28,765 | -€17,536 | -37.9% |
| Equity | 10/15 | €40,502 | €24,134 | -€16,368 | -40.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €37,502 | €21,134 | -€16,368 | -43.6% |
| Distributable reserves | 133 | €37,502 | €21,134 | -€16,368 | -43.6% |
| Amounts payable | 17/49 | €5,799 | €4,631 | -€1,168 | -20.1% |
| Amounts payable within one year | 42/48 | €5,647 | €4,631 | -€1,016 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €1,015 | €1,012 | -€3 | -0.3% |
| Trade debts | 44 | - | €697 | +€697 | |
| Suppliers | 440/4 | - | €697 | +€697 | |
| Taxes, remuneration and social security | 45 | €1,652 | €1,819 | +€167 | +10.1% |
| Taxes | 450/3 | €1,652 | €1,819 | +€167 | +10.1% |
| Other amounts payable | 47/48 | €2,980 | €1,103 | -€1,877 | -63.0% |
| Accrued charges and deferred income | 492/3 | €152 | - | -€152 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,406 | €2,577 | +€171 | +7.1% |
| Other operating charges | 640/8 | €498 | €462 | -€37 | -7.3% |
| Non-recurring operating charges | 66A | - | €230 | +€230 | |
| Gross operating margin | 9900 | €32,157 | -€12,681 | -€44,838 | |
| Operating profit (loss) | 9901 | €29,253 | -€15,951 | -€45,203 | |
| Financial income | 75/76B | €35 | €9 | -€26 | -74.0% |
| Recurring financial income | 75 | €35 | €9 | -€26 | -74.0% |
| Financial charges | 65/66B | €201 | €294 | +€93 | +46.4% |
| Recurring financial charges | 65 | €201 | €294 | +€93 | +46.4% |
| Profit (loss) for the period before taxes | 9903 | €29,087 | -€16,236 | -€45,322 | |
| Income taxes | 67/77 | €6,871 | €132 | -€6,739 | -98.1% |
| Profit (loss) for the period | 9904 | €22,215 | -€16,368 | -€38,583 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,215 | -€16,368 | -€38,583 |
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.