GRAVER CONSTRUCT: 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.
GRAVER CONSTRUCT
Largest movements
- Cash -€31,346
down €31,346 (-78.0%), from €40,167 to €8,821
mainly Debts after one year (-€66,667) and Net result for the year (-€48,655)
- Other debts +€94,594
up €94,594 (+30.0%), from €315,011 to €409,605
- Debts after one year -€66,667
down €66,667 (-10.4%), from €638,889 to €572,222
- Reserves -€48,655
down €48,655 (-49.7%), from €97,821 to €49,167
of which Distributable reserves: -€48,655
- Gross operating margin -€65,849
down €65,849 (-92.3%), from €71,331 to €5,482
- Taxes -€4,558
down €4,558 (-100.0%), from €4,558 to €0
- Financial charges +€1,045
up €1,045 (+3.2%), from €32,876 to €33,921
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 | €2,417,128 | €2,378,736 | -€38,393 | -1.6% |
| Fixed assets | 21/28 | €2,367,996 | €2,360,513 | -€7,483 | -0.3% |
| Tangible fixed assets | 22/27 | €2,367,996 | €2,360,513 | -€7,483 | -0.3% |
| Land and buildings | 22 | €2,367,996 | €2,360,513 | -€7,483 | -0.3% |
| Current assets | 29/58 | €49,132 | €18,222 | -€30,910 | -62.9% |
| Amounts receivable within one year | 40/41 | €8,966 | €7,951 | -€1,015 | -11.3% |
| Trade receivables | 40 | €1,524 | €509 | -€1,015 | -66.6% |
| Other amounts receivable | 41 | €7,442 | €7,442 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,167 | €8,821 | -€31,346 | -78.0% |
| Deferred charges and accrued income | 490/1 | €0 | €1,451 | +€1,451 | |
| Total equity and liabilities | 10/49 | €2,417,128 | €2,378,736 | -€38,393 | -1.6% |
| Equity | 10/15 | €1,372,821 | €1,324,167 | -€48,655 | -3.5% |
| Contributions | 10/11 | €1,275,000 | €1,275,000 | = | 0.0% |
| Capital | 10 | €1,275,000 | €1,275,000 | = | 0.0% |
| Issued capital | 100 | €1,275,000 | €1,275,000 | = | 0.0% |
| Reserves | 13 | €97,821 | €49,167 | -€48,655 | -49.7% |
| Non-distributable reserves | 130/1 | €4,441 | €4,441 | = | 0.0% |
| Legal reserve | 130 | €4,441 | €4,441 | = | 0.0% |
| Distributable reserves | 133 | €93,381 | €44,726 | -€48,655 | -52.1% |
| Amounts payable | 17/49 | €1,044,307 | €1,054,569 | +€10,262 | +1.0% |
| Amounts payable after more than one year | 17 | €638,889 | €572,222 | -€66,667 | -10.4% |
| Financial debts | 170/4 | €638,889 | €572,222 | -€66,667 | -10.4% |
| Amounts payable within one year | 42/48 | €386,525 | €479,547 | +€93,022 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €66,667 | €66,667 | = | 0.0% |
| Trade debts | 44 | €4,847 | €3,276 | -€1,572 | -32.4% |
| Suppliers | 440/4 | €4,847 | €3,276 | -€1,572 | -32.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €315,011 | €409,605 | +€94,594 | +30.0% |
| Accrued charges and deferred income | 492/3 | €18,894 | €2,800 | -€16,094 | -85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,491 | €16,491 | = | 0.0% |
| Other operating charges | 640/8 | €3,731 | €3,724 | -€6 | -0.2% |
| Gross operating margin | 9900 | €71,331 | €5,482 | -€65,849 | -92.3% |
| Operating profit (loss) | 9901 | €51,109 | -€14,734 | -€65,842 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €32,876 | €33,921 | +€1,045 | +3.2% |
| Recurring financial charges | 65 | €32,876 | €33,921 | +€1,045 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €18,232 | -€48,655 | -€66,887 | |
| Income taxes | 67/77 | €4,558 | €0 | -€4,558 | -100.0% |
| Profit (loss) for the period | 9904 | €13,674 | -€48,655 | -€62,329 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,674 | -€48,655 | -€62,329 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.