GRAVEYARD: 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.
GRAVEYARD
Largest movements
- Tangible fixed assets -€8,161
down €8,161 (-25.6%), from €31,927 to €23,766
- Receivables within one year -€7,662
down €7,662 (-61.6%), from €12,441 to €4,779
of which Trade receivables: -€11,684
- Cash +€4,727
up €4,727 (+677.9%), from €697 to €5,424
mainly Depreciation (+€8,161) and Receivables within one year (+€7,662)
- Trade debts -€7,943
down €7,943 (-81.8%), from €9,713 to €1,771
- Other debts -€7,831
down €7,831 (-13.3%), from €58,737 to €50,907
- Profit (loss) carried forward +€5,405
up €5,405 (+11.5%), from -€47,089 to -€41,683
- Tax, wage and social debts -€763
down €763 (-15.8%), from €4,837 to €4,074
- Gross operating margin +€20,527
up €20,527, from -€6,180 to €14,346
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 | €45,679 | €34,546 | -€11,133 | -24.4% |
| Fixed assets | 21/28 | €31,927 | €23,766 | -€8,161 | -25.6% |
| Tangible fixed assets | 22/27 | €31,927 | €23,766 | -€8,161 | -25.6% |
| Furniture and vehicles | 24 | €31,927 | €23,766 | -€8,161 | -25.6% |
| Current assets | 29/58 | €13,752 | €10,780 | -€2,972 | -21.6% |
| Amounts receivable within one year | 40/41 | €12,441 | €4,779 | -€7,662 | -61.6% |
| Trade receivables | 40 | €12,441 | €757 | -€11,684 | -93.9% |
| Other amounts receivable | 41 | - | €4,022 | +€4,022 | |
| Cash at bank and in hand | 54/58 | €697 | €5,424 | +€4,727 | +677.9% |
| Deferred charges and accrued income | 490/1 | €614 | €577 | -€37 | -6.0% |
| Total equity and liabilities | 10/49 | €45,679 | €34,546 | -€11,133 | -24.4% |
| Equity | 10/15 | -€27,610 | -€22,205 | +€5,405 | +19.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €878 | €878 | = | 0.0% |
| Non-distributable reserves | 130/1 | €878 | €878 | = | 0.0% |
| Reserves not available under the articles | 1311 | €878 | €878 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,089 | -€41,683 | +€5,405 | +11.5% |
| Amounts payable | 17/49 | €73,289 | €56,751 | -€16,538 | -22.6% |
| Amounts payable within one year | 42/48 | €73,287 | €56,751 | -€16,536 | -22.6% |
| Trade debts | 44 | €9,713 | €1,771 | -€7,943 | -81.8% |
| Suppliers | 440/4 | €9,713 | €1,771 | -€7,943 | -81.8% |
| Taxes, remuneration and social security | 45 | €4,837 | €4,074 | -€763 | -15.8% |
| Taxes | 450/3 | €4,837 | €4,074 | -€763 | -15.8% |
| Other amounts payable | 47/48 | €58,737 | €50,907 | -€7,831 | -13.3% |
| Accrued charges and deferred income | 492/3 | €2 | €0 | -€2 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,161 | €8,161 | = | 0.0% |
| Other operating charges | 640/8 | €618 | €520 | -€98 | -15.8% |
| Gross operating margin | 9900 | -€6,180 | €14,346 | +€20,527 | |
| Operating profit (loss) | 9901 | -€14,958 | €5,666 | +€20,624 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €154 | €120 | -€35 | -22.4% |
| Recurring financial charges | 65 | €154 | €120 | -€35 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,113 | €5,546 | +€20,659 | |
| Income taxes | 67/77 | €75 | €141 | +€66 | +87.5% |
| Profit (loss) for the period | 9904 | -€15,188 | €5,405 | +€20,593 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,188 | €5,405 | +€20,593 |
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 30 September 2026 via checked.be.