Graspoort: 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.
Graspoort
Largest movements
- Tangible fixed assets -€16,148
down €16,148 (-35.0%), from €46,170 to €30,022
of which Plant, machinery and equipment: -€10,280
- Receivables within one year +€13,375
up €13,375 (+52.9%), from €25,301 to €38,676
- Deferred charges and accrued income +€6,644
up €6,644 (+257.8%), from €2,578 to €9,222
- Stocks and contracts -€2,912
down €2,912 (-25.6%), from €11,371 to €8,459
- Cash -€2,538
down €2,538 (-57.5%), from €4,417 to €1,879
mainly Other debts (-€48,777) and Receivables within one year (-€13,375)
- Other debts -€48,777
down €48,777 (-69.8%), from €69,918 to €21,141
- Trade debts +€38,636
up €38,636 (+108.8%), from €35,506 to €74,143
- Debts after one year -€10,077
down €10,077 (-37.8%), from €26,669 to €16,592
- Tax, wage and social debts +€8,771
up €8,771 (+82.3%), from €10,654 to €19,425
of which Taxes: +€4,733
- Profit (loss) carried forward +€8,420
up €8,420 (+7.4%), from -€114,215 to -€105,795
- Staff costs +€17,025
up €17,025 (+22.8%), from €74,731 to €91,756
- Financial income +€3,680
up €3,680 (+5047.0%), from €73 to €3,753
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 | €89,836 | €88,257 | -€1,579 | -1.8% |
| Fixed assets | 21/28 | €46,170 | €30,022 | -€16,148 | -35.0% |
| Tangible fixed assets | 22/27 | €46,170 | €30,022 | -€16,148 | -35.0% |
| Plant, machinery and equipment | 23 | €35,837 | €25,557 | -€10,280 | -28.7% |
| Furniture and vehicles | 24 | €10,333 | €4,464 | -€5,869 | -56.8% |
| Current assets | 29/58 | €43,666 | €58,235 | +€14,569 | +33.4% |
| Stocks and contracts in progress | 3 | €11,371 | €8,459 | -€2,912 | -25.6% |
| Stocks | 30/36 | €11,371 | €8,459 | -€2,912 | -25.6% |
| Amounts receivable within one year | 40/41 | €25,301 | €38,676 | +€13,375 | +52.9% |
| Trade receivables | 40 | €25,301 | €38,676 | +€13,375 | +52.9% |
| Cash at bank and in hand | 54/58 | €4,417 | €1,879 | -€2,538 | -57.5% |
| Deferred charges and accrued income | 490/1 | €2,578 | €9,222 | +€6,644 | +257.8% |
| Total equity and liabilities | 10/49 | €89,836 | €88,257 | -€1,579 | -1.8% |
| Equity | 10/15 | -€84,155 | -€75,735 | +€8,420 | +10.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23,860 | €23,860 | = | 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% |
| Distributable reserves | 133 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€114,215 | -€105,795 | +€8,420 | +7.4% |
| Amounts payable | 17/49 | €173,991 | €163,992 | -€9,999 | -5.7% |
| Amounts payable after more than one year | 17 | €26,669 | €16,592 | -€10,077 | -37.8% |
| Financial debts | 170/4 | €26,669 | €16,592 | -€10,077 | -37.8% |
| Amounts payable within one year | 42/48 | €146,984 | €145,074 | -€1,911 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €10,778 | €10,077 | -€702 | -6.5% |
| Financial debts | 43 | €20,127 | €18,335 | -€1,792 | -8.9% |
| Credit institutions | 430/8 | €20,127 | €18,335 | -€1,792 | -8.9% |
| Trade debts | 44 | €35,506 | €74,143 | +€38,636 | +108.8% |
| Suppliers | 440/4 | €35,506 | €74,143 | +€38,636 | +108.8% |
| Advances received on contracts in progress | 46 | - | €1,953 | +€1,953 | |
| Taxes, remuneration and social security | 45 | €10,654 | €19,425 | +€8,771 | +82.3% |
| Taxes | 450/3 | €5,016 | €9,749 | +€4,733 | +94.3% |
| Remuneration and social security | 454/9 | €5,638 | €9,676 | +€4,038 | +71.6% |
| Other amounts payable | 47/48 | €69,918 | €21,141 | -€48,777 | -69.8% |
| Accrued charges and deferred income | 492/3 | €338 | €2,327 | +€1,988 | +588.2% |
| Remuneration, social security and pensions | 62 | €74,731 | €91,756 | +€17,025 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,605 | €17,566 | -€1,039 | -5.6% |
| Other operating charges | 640/8 | €476 | €389 | -€87 | -18.4% |
| Non-recurring operating charges | 66A | €522 | €2,151 | +€1,629 | +312.1% |
| Gross operating margin | 9900 | €123,047 | €122,575 | -€472 | -0.4% |
| Operating profit (loss) | 9901 | €28,713 | €10,712 | -€18,001 | -62.7% |
| Financial income | 75/76B | €73 | €3,753 | +€3,680 | +5047.0% |
| Recurring financial income | 75 | €73 | €3,753 | +€3,680 | +5047.0% |
| Financial charges | 65/66B | €6,848 | €6,045 | -€804 | -11.7% |
| Recurring financial charges | 65 | €6,848 | €6,045 | -€804 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €21,938 | €8,420 | -€13,518 | -61.6% |
| Profit (loss) for the period | 9904 | €21,938 | €8,420 | -€13,518 | -61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,938 | €8,420 | -€13,518 | -61.6% |
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 2 October 2026 via checked.be.