GRAVEN BARGES SERVICES: 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.
GRAVEN BARGES SERVICES
Largest movements
- Current investments -€6.5m
no longer reported in 2025 (was €6.5m)
- Tangible fixed assets -€5.2m
down €5.2m (-71.4%), from €7.2m to €2.1m
of which Furniture and vehicles: -€5.2m
- Other debts -€12.9m
down €12.9m (-87.6%), from €14.8m to €1.8m
- Reserves +€1.1m
up €1.1m (+30.6%), from €3.8m to €4.9m
- Gross operating margin -€230,341
down €230,341 (-10.6%), from €2.2m to €1.9m
- Depreciation -€120,869
down €120,869 (-52.5%), from €230,248 to €109,379
- Financial income +€78,656
up €78,656 (+1,345%), from €5,850 to €84,506
- Financial charges +€42,271
up €42,271 (+20.6%), from €205,176 to €247,447
- Taxes +€22,835
up €22,835 (+4.5%), from €505,898 to €528,733
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 | €18,610,749 | €6,835,982 | -€11.8m | -63.3% |
| Fixed assets | 21/28 | €7,243,721 | €2,071,132 | -€5.2m | -71.4% |
| Tangible fixed assets | 22/27 | €7,243,721 | €2,071,132 | -€5.2m | -71.4% |
| Plant, machinery and equipment | 23 | €4,701 | €1,988 | -€2,712 | -57.7% |
| Furniture and vehicles | 24 | €7,239,021 | €2,069,144 | -€5.2m | -71.4% |
| Current assets | 29/58 | €11,367,028 | €4,764,850 | -€6.6m | -58.1% |
| Amounts receivable after more than one year | 29 | €4,522,042 | €4,506,186 | -€15,856 | -0.4% |
| Other amounts receivable | 291 | €4,522,042 | €4,506,186 | -€15,856 | -0.4% |
| Stocks and contracts in progress | 3 | €72,090 | €3,471 | -€68,618 | -95.2% |
| Stocks | 30/36 | €72,090 | €3,471 | -€68,618 | -95.2% |
| Amounts receivable within one year | 40/41 | €85,178 | €88,583 | +€3,405 | +4.0% |
| Trade receivables | 40 | €39,321 | €4,626 | -€34,695 | -88.2% |
| Other amounts receivable | 41 | €45,857 | €83,957 | +€38,100 | +83.1% |
| Current investments | 50/53 | €6,500,000 | - | -€6.5m | |
| Cash at bank and in hand | 54/58 | €185,987 | €166,610 | -€19,376 | -10.4% |
| Deferred charges and accrued income | 490/1 | €1,732 | - | -€1,732 | |
| Total equity and liabilities | 10/49 | €18,610,749 | €6,835,982 | -€11.8m | -63.3% |
| Equity | 10/15 | €3,780,933 | €4,926,936 | +€1.1m | +30.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,750,933 | €4,896,936 | +€1.1m | +30.6% |
| Distributable reserves | 133 | €3,750,933 | €4,896,936 | +€1.1m | +30.6% |
| Amounts payable | 17/49 | €14,829,816 | €1,909,047 | -€12.9m | -87.1% |
| Amounts payable within one year | 42/48 | €14,829,816 | €1,909,047 | -€12.9m | -87.1% |
| Trade debts | 44 | €1,391 | €3,934 | +€2,543 | +183% |
| Suppliers | 440/4 | €1,391 | €3,934 | +€2,543 | +183% |
| Taxes, remuneration and social security | 45 | €66,053 | €74,189 | +€8,136 | +12.3% |
| Taxes | 450/3 | €66,053 | €74,166 | +€8,113 | +12.3% |
| Remuneration and social security | 454/9 | - | €23 | +€23 | |
| Other amounts payable | 47/48 | €14,762,372 | €1,830,924 | -€12.9m | -87.6% |
| Non-recurring operating income | 76A | €1,888,808 | €1,879,200 | -€9,608 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230,248 | €109,379 | -€120,869 | -52.5% |
| Other operating charges | 640/8 | €828 | €1,101 | +€273 | +32.9% |
| Gross operating margin | 9900 | €2,178,497 | €1,948,157 | -€230,341 | -10.6% |
| Operating profit (loss) | 9901 | €1,947,421 | €1,837,676 | -€109,745 | -5.6% |
| Financial income | 75/76B | €5,850 | €84,506 | +€78,656 | +1,345% |
| Recurring financial income | 75 | €5,850 | €84,506 | +€78,656 | +1,345% |
| Financial charges | 65/66B | €205,176 | €247,447 | +€42,271 | +20.6% |
| Recurring financial charges | 65 | €205,176 | €247,447 | +€42,271 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €1,748,095 | €1,674,736 | -€73,360 | -4.2% |
| Income taxes | 67/77 | €505,898 | €528,733 | +€22,835 | +4.5% |
| Profit (loss) for the period | 9904 | €1,242,197 | €1,146,003 | -€96,194 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,242,197 | €1,146,003 | -€96,194 | -7.7% |
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 1 November 2026 via checked.be.