GRAVIDAD: 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.
GRAVIDAD
Largest movements
- Financial fixed assets +€35,000
up €35,000 (+547%), from €6,400 to €41,400
- Tangible fixed assets -€11,943
down €11,943 (-5.4%), from €219,792 to €207,849
of which Plant, machinery and equipment: -€6,029
- Cash -€9,296
down €9,296 (-26.0%), from €35,801 to €26,504
mainly Debts after one year (-€85,518) and Investment in fixed assets (net) (-€52,959)
- Receivables within one year -€8,400
down €8,400 (-100%), from €8,400 to €0
- Debts after one year -€85,518
down €85,518 (-48.8%), from €175,329 to €89,810
- Reserves +€79,437
up €79,437 (+187%), from €42,534 to €121,971
- Tax, wage and social debts +€13,515
up €13,515 (+135%), from €10,026 to €23,541
of which Taxes: +€13,454
- Trade debts -€4,437
down €4,437 (-57.9%), from €7,664 to €3,226
- Gross operating margin +€98,637
up €98,637 (+85.0%), from €116,111 to €214,749
- Staff costs +€36,523
up €36,523 (+97.8%), from €37,358 to €73,881
- Taxes +€14,105
up €14,105 (+240%), from €5,878 to €19,983
- Depreciation +€8,997
up €8,997 (+43.0%), from €20,905 to €29,902
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 | €274,660 | €279,267 | +€4,607 | +1.7% |
| Fixed assets | 21/28 | €226,192 | €249,249 | +€23,057 | +10.2% |
| Tangible fixed assets | 22/27 | €219,792 | €207,849 | -€11,943 | -5.4% |
| Plant, machinery and equipment | 23 | €25,478 | €19,449 | -€6,029 | -23.7% |
| Furniture and vehicles | 24 | €12,815 | €11,068 | -€1,747 | -13.6% |
| Other tangible fixed assets | 26 | €181,498 | €177,331 | -€4,167 | -2.3% |
| Financial fixed assets | 28 | €6,400 | €41,400 | +€35,000 | +547% |
| Current assets | 29/58 | €48,468 | €30,018 | -€18,450 | -38.1% |
| Stocks and contracts in progress | 3 | €3,288 | €2,877 | -€411 | -12.5% |
| Stocks | 30/36 | €3,288 | €2,877 | -€411 | -12.5% |
| Amounts receivable within one year | 40/41 | €8,400 | €0 | -€8,400 | -100% |
| Trade receivables | 40 | €8,400 | €0 | -€8,400 | -100% |
| Cash at bank and in hand | 54/58 | €35,801 | €26,504 | -€9,296 | -26.0% |
| Deferred charges and accrued income | 490/1 | €980 | €637 | -€343 | -35.0% |
| Total equity and liabilities | 10/49 | €274,660 | €279,267 | +€4,607 | +1.7% |
| Equity | 10/15 | €52,534 | €131,971 | +€79,437 | +151% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €42,534 | €121,971 | +€79,437 | +187% |
| Distributable reserves | 133 | €42,534 | €121,971 | +€79,437 | +187% |
| Amounts payable | 17/49 | €222,126 | €147,297 | -€74,829 | -33.7% |
| Amounts payable after more than one year | 17 | €175,329 | €89,810 | -€85,518 | -48.8% |
| Financial debts | 170/4 | €175,329 | €89,810 | -€85,518 | -48.8% |
| Amounts payable within one year | 42/48 | €46,797 | €57,486 | +€10,689 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €28,957 | €30,518 | +€1,561 | +5.4% |
| Trade debts | 44 | €7,664 | €3,226 | -€4,437 | -57.9% |
| Suppliers | 440/4 | €7,664 | €3,226 | -€4,437 | -57.9% |
| Taxes, remuneration and social security | 45 | €10,026 | €23,541 | +€13,515 | +135% |
| Taxes | 450/3 | €9,793 | €23,247 | +€13,454 | +137% |
| Remuneration and social security | 454/9 | €234 | €295 | +€61 | +26.1% |
| Other amounts payable | 47/48 | €150 | €200 | +€50 | +33.3% |
| Non-recurring operating income | 76A | - | €228 | +€228 | |
| Remuneration, social security and pensions | 62 | €37,358 | €73,881 | +€36,523 | +97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,905 | €29,902 | +€8,997 | +43.0% |
| Other operating charges | 640/8 | €1,390 | €2,530 | +€1,140 | +82.0% |
| Gross operating margin | 9900 | €116,111 | €214,749 | +€98,637 | +85.0% |
| Operating profit (loss) | 9901 | €56,459 | €108,436 | +€51,977 | +92.1% |
| Financial income | 75/76B | €32 | €21 | -€10 | -32.3% |
| Recurring financial income | 75 | €32 | €21 | -€10 | -32.3% |
| Financial charges | 65/66B | €8,079 | €9,038 | +€959 | +11.9% |
| Recurring financial charges | 65 | €8,079 | €9,038 | +€959 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €48,411 | €99,420 | +€51,008 | +105% |
| Income taxes | 67/77 | €5,878 | €19,983 | +€14,105 | +240% |
| Profit (loss) for the period | 9904 | €42,534 | €79,437 | +€36,903 | +86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,534 | €79,437 | +€36,903 | +86.8% |
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.