GRAVES SERVICES: 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.
GRAVES SERVICES
Largest movements
- Receivables within one year -€17,238
down €17,238 (-31.4%), from €54,869 to €37,631
of which Other amounts receivable: -€17,238
- Other debts -€17,448
down €17,448 (-14.1%), from €123,681 to €106,233
- Trade debts +€6,373
up €6,373 (+104.0%), from €6,125 to €12,498
- Profit (loss) carried forward -€3,897
down €3,897 (-33.3%), from €11,705 to €7,808
- Short-term financial debts -€3,680
down €3,680 (-45.4%), from €8,102 to €4,422
- Gross operating margin +€18,261
up €18,261, from -€16,566 to €1,695
- Other operating charges -€978
down €978 (-64.4%), from €1,519 to €541
- Financial charges -€356
down €356 (-16.5%), from €2,154 to €1,799
- Taxes -€348
down €348 (-70.8%), from €492 to €144
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 | €340,597 | €319,046 | -€21,551 | -6.3% |
| Fixed assets | 21/28 | €99,364 | €96,221 | -€3,143 | -3.2% |
| Tangible fixed assets | 22/27 | €8,346 | €5,238 | -€3,109 | -37.2% |
| Plant, machinery and equipment | 23 | €76 | - | -€76 | |
| Furniture and vehicles | 24 | €8,270 | €5,238 | -€3,033 | -36.7% |
| Financial fixed assets | 28 | €91,018 | €90,984 | -€35 | 0.0% |
| Current assets | 29/58 | €241,232 | €222,825 | -€18,407 | -7.6% |
| Amounts receivable after more than one year | 29 | €185,194 | €185,194 | = | 0.0% |
| Other amounts receivable | 291 | €185,194 | €185,194 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €54,869 | €37,631 | -€17,238 | -31.4% |
| Trade receivables | 40 | €32,295 | €32,295 | = | 0.0% |
| Other amounts receivable | 41 | €22,574 | €5,336 | -€17,238 | -76.4% |
| Cash at bank and in hand | 54/58 | €1,130 | - | -€1,130 | |
| Deferred charges and accrued income | 490/1 | €40 | - | -€40 | |
| Total equity and liabilities | 10/49 | €340,597 | €319,046 | -€21,551 | -6.3% |
| Equity | 10/15 | €197,156 | €193,259 | -€3,897 | -2.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €166,859 | €166,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €165,000 | €165,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,705 | €7,808 | -€3,897 | -33.3% |
| Amounts payable | 17/49 | €143,441 | €125,787 | -€17,654 | -12.3% |
| Amounts payable within one year | 42/48 | €143,441 | €125,787 | -€17,654 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €2,876 | - | -€2,876 | |
| Financial debts | 43 | €8,102 | €4,422 | -€3,680 | -45.4% |
| Credit institutions | 430/8 | €8,102 | €4,422 | -€3,680 | -45.4% |
| Trade debts | 44 | €6,125 | €12,498 | +€6,373 | +104.0% |
| Suppliers | 440/4 | €6,125 | €12,498 | +€6,373 | +104.0% |
| Taxes, remuneration and social security | 45 | €2,656 | €2,635 | -€22 | -0.8% |
| Taxes | 450/3 | €2,656 | €2,635 | -€22 | -0.8% |
| Other amounts payable | 47/48 | €123,681 | €106,233 | -€17,448 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,075 | €3,109 | +€34 | +1.1% |
| Other operating charges | 640/8 | €1,519 | €541 | -€978 | -64.4% |
| Gross operating margin | 9900 | -€16,566 | €1,695 | +€18,261 | |
| Operating profit (loss) | 9901 | -€21,160 | -€1,954 | +€19,205 | +90.8% |
| Financial charges | 65/66B | €2,154 | €1,799 | -€356 | -16.5% |
| Recurring financial charges | 65 | €2,154 | €1,799 | -€356 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,314 | -€3,753 | +€19,561 | +83.9% |
| Income taxes | 67/77 | €492 | €144 | -€348 | -70.8% |
| Profit (loss) for the period | 9904 | -€23,806 | -€3,897 | +€19,909 | +83.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,806 | -€3,897 | +€19,909 | +83.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.