GRAPNET: 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.
GRAPNET
Largest movements
- Tangible fixed assets -€7,372
down €7,372 (-33.1%), from €22,242 to €14,869
- Profit (loss) carried forward -€7,469
down €7,469 (-73.7%), from -€10,135 to -€17,603
- Gross operating margin -€4,087
no longer reported in 2024 (was €4,087)
- Other operating charges -€99
no longer reported in 2024 (was €99)
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 | €60,993 | €53,844 | -€7,149 | -11.7% |
| Fixed assets | 21/28 | €22,947 | €15,574 | -€7,372 | -32.1% |
| Tangible fixed assets | 22/27 | €22,242 | €14,869 | -€7,372 | -33.1% |
| Furniture and vehicles | 24 | €22,242 | €14,869 | -€7,372 | -33.1% |
| Financial fixed assets | 28 | €705 | €705 | = | 0.0% |
| Current assets | 29/58 | €38,046 | €38,270 | +€224 | +0.6% |
| Amounts receivable within one year | 40/41 | €37,030 | €37,295 | +€265 | +0.7% |
| Trade receivables | 40 | €32,387 | €32,652 | +€265 | +0.8% |
| Other amounts receivable | 41 | €4,643 | €4,643 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,016 | €975 | -€41 | -4.0% |
| Total equity and liabilities | 10/49 | €60,993 | €53,844 | -€7,149 | -11.7% |
| Equity | 10/15 | €10,325 | €2,857 | -€7,469 | -72.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,135 | -€17,603 | -€7,469 | -73.7% |
| Amounts payable | 17/49 | €50,668 | €50,988 | +€320 | +0.6% |
| Amounts payable within one year | 42/48 | €50,668 | €50,988 | +€320 | +0.6% |
| Trade debts | 44 | €23,024 | €23,024 | = | 0.0% |
| Suppliers | 440/4 | €23,024 | €23,024 | = | 0.0% |
| Other amounts payable | 47/48 | €27,644 | €27,964 | +€320 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,372 | €7,372 | = | 0.0% |
| Other operating charges | 640/8 | €99 | - | -€99 | |
| Non-recurring operating charges | 66A | €85 | - | -€85 | |
| Gross operating margin | 9900 | €4,087 | - | -€4,087 | |
| Operating profit (loss) | 9901 | -€3,470 | -€7,372 | -€3,903 | -112.5% |
| Financial charges | 65/66B | €115 | €96 | -€19 | -16.5% |
| Recurring financial charges | 65 | €115 | €96 | -€19 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,585 | -€7,469 | -€3,884 | -108.3% |
| Profit (loss) for the period | 9904 | -€3,585 | -€7,469 | -€3,884 | -108.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,585 | -€7,469 | -€3,884 | -108.3% |
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 30 September 2026 via checked.be.