Grava Group: what changed
Two financial 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.
Grava Group
Largest movements
- Receivables within one year +€178,238
up €178,238 (+151%), from €117,796 to €296,034
of which Other amounts receivable: +€203,314
- Tangible fixed assets +€58,705
up €58,705 (+527%), from €11,141 to €69,846
of which Furniture and vehicles: +€36,045
- Financial fixed assets +€23,987
up €23,987 (+645%), from €3,720 to €27,707
- Cash -€22,783
down €22,783 (-74.9%), from €30,409 to €7,626
mainly Receivables within one year (-€178,238) and Investment in fixed assets (net) (-€96,089)
- Deferred charges and accrued income +€6,168
up €6,168 (+502%), from €1,228 to €7,396
- Tax, wage and social debts +€135,586
up €135,586 (+955%), from €14,199 to €149,784
- Trade debts +€86,990
up €86,990 (+112%), from €77,432 to €164,422
- Profit (loss) carried forward +€19,253
up €19,253 (+53.8%), from €35,791 to €55,043
- Turnover -€593,148
no longer reported in 2025 (was €593,148)
- Purchases and services -€552,477
no longer reported in 2025 (was €552,477)
- Depreciation +€12,154
up €12,154 (+978%), from €1,243 to €13,397
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.
Derived cash bridge
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 | €164,294 | €408,610 | +€244,315 | +149% |
| Fixed assets | 21/28 | €14,861 | €97,553 | +€82,693 | +556% |
| Tangible fixed assets | 22/27 | €11,141 | €69,846 | +€58,705 | +527% |
| Plant, machinery and equipment | 23 | €3,057 | €25,718 | +€22,661 | +741% |
| Furniture and vehicles | 24 | €8,083 | €44,128 | +€36,045 | +446% |
| Financial fixed assets | 28 | €3,720 | €27,707 | +€23,987 | +645% |
| Current assets | 29/58 | €149,433 | €311,056 | +€161,623 | +108% |
| Amounts receivable within one year | 40/41 | €117,796 | €296,034 | +€178,238 | +151% |
| Trade receivables | 40 | €115,233 | €90,157 | -€25,076 | -21.8% |
| Other amounts receivable | 41 | €2,563 | €205,877 | +€203,314 | +7,932% |
| Cash at bank and in hand | 54/58 | €30,409 | €7,626 | -€22,783 | -74.9% |
| Deferred charges and accrued income | 490/1 | €1,228 | €7,396 | +€6,168 | +502% |
| Total equity and liabilities | 10/49 | €164,294 | €408,610 | +€244,315 | +149% |
| Equity | 10/15 | €40,791 | €60,043 | +€19,253 | +47.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,791 | €55,043 | +€19,253 | +53.8% |
| Amounts payable | 17/49 | €123,504 | €348,566 | +€225,063 | +182% |
| Amounts payable within one year | 42/48 | €123,504 | €348,566 | +€225,063 | +182% |
| Trade debts | 44 | €77,432 | €164,422 | +€86,990 | +112% |
| Suppliers | 440/4 | €77,432 | €164,422 | +€86,990 | +112% |
| Taxes, remuneration and social security | 45 | €14,199 | €149,784 | +€135,586 | +955% |
| Taxes | 450/3 | €14,199 | €149,784 | +€135,586 | +955% |
| Other amounts payable | 47/48 | €31,873 | €34,360 | +€2,487 | +7.8% |
| Turnover | 70 | €593,148 | - | -€593,148 | |
| Goods, raw materials, services and sundry goods | 60/61 | €552,477 | - | -€552,477 | |
| Remuneration, social security and pensions | 62 | - | €300 | +€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,243 | €13,397 | +€12,154 | +978% |
| Other operating charges | 640/8 | €410 | €2,364 | +€1,953 | +476% |
| Non-recurring operating charges | 66A | - | €260 | +€260 | |
| Gross operating margin | 9900 | €41,204 | €41,719 | +€515 | +1.3% |
| Operating profit (loss) | 9901 | €39,551 | €25,399 | -€14,152 | -35.8% |
| Financial income | 75/76B | €4 | €1,992 | +€1,988 | +54,029% |
| Recurring financial income | 75 | €4 | €1,992 | +€1,988 | +54,029% |
| Financial charges | 65/66B | €121 | €1,490 | +€1,370 | +1,134% |
| Recurring financial charges | 65 | €121 | €1,490 | +€1,370 | +1,134% |
| Profit (loss) for the period before taxes | 9903 | €39,434 | €25,901 | -€13,533 | -34.3% |
| Income taxes | 67/77 | €10,955 | €6,648 | -€4,308 | -39.3% |
| Profit (loss) for the period | 9904 | €28,478 | €19,253 | -€9,226 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,478 | €19,253 | -€9,226 | -32.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.