GRAVITEX: 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.
GRAVITEX
Largest movements
- Receivables within one year -€12,260
no longer reported in 2025 (was €12,260)
of which Other amounts receivable: -€8,227
- Cash +€3,591
new in 2025: €3,591
mainly Receivables within one year (+€12,260) and Trade debts (+€1,616)
- Tangible fixed assets -€980
down €980 (-75.9%), from €1,292 to €312
- Short-term financial debts -€9,217
no longer reported in 2025 (was €9,217)
- Profit (loss) carried forward -€3,605
down €3,605 (-15.5%), from -€23,219 to -€26,824
- Trade debts +€1,616
new in 2025: €1,616
- Tax, wage and social debts +€1,152
up €1,152 (+243.6%), from €473 to €1,625
- Other debts +€525
new in 2025: €525
- Financial charges -€297
down €297 (-26.7%), from €1,113 to €816
- Gross operating margin +€192
up €192 (+12.0%), from -€1,601 to -€1,409
- Taxes -€95
down €95, from €95 to -€0
- Other operating charges -€38
down €38 (-8.6%), from €437 to €400
- Depreciation -€23
down €23 (-2.3%), from €1,003 to €980
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 | €13,790 | €4,263 | -€9,527 | -69.1% |
| Fixed assets | 21/28 | €1,292 | €312 | -€980 | -75.9% |
| Tangible fixed assets | 22/27 | €1,292 | €312 | -€980 | -75.9% |
| Furniture and vehicles | 24 | €1,292 | €312 | -€980 | -75.9% |
| Current assets | 29/58 | €12,498 | €3,951 | -€8,547 | -68.4% |
| Amounts receivable within one year | 40/41 | €12,260 | - | -€12,260 | |
| Trade receivables | 40 | €4,033 | - | -€4,033 | |
| Other amounts receivable | 41 | €8,227 | - | -€8,227 | |
| Cash at bank and in hand | 54/58 | - | €3,591 | +€3,591 | |
| Deferred charges and accrued income | 490/1 | €238 | €360 | +€121 | +50.9% |
| Total equity and liabilities | 10/49 | €13,790 | €4,263 | -€9,527 | -69.1% |
| Equity | 10/15 | €4,100 | €496 | -€3,605 | -87.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €8,727 | €8,727 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,727 | €8,727 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,219 | -€26,824 | -€3,605 | -15.5% |
| Amounts payable | 17/49 | €9,690 | €3,767 | -€5,923 | -61.1% |
| Amounts payable within one year | 42/48 | €9,690 | €3,767 | -€5,923 | -61.1% |
| Financial debts | 43 | €9,217 | - | -€9,217 | |
| Credit institutions | 430/8 | €9,217 | - | -€9,217 | |
| Trade debts | 44 | - | €1,616 | +€1,616 | |
| Suppliers | 440/4 | - | €1,616 | +€1,616 | |
| Taxes, remuneration and social security | 45 | €473 | €1,625 | +€1,152 | +243.6% |
| Taxes | 450/3 | €473 | €1,625 | +€1,152 | +243.6% |
| Other amounts payable | 47/48 | - | €525 | +€525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,003 | €980 | -€23 | -2.3% |
| Other operating charges | 640/8 | €437 | €400 | -€38 | -8.6% |
| Gross operating margin | 9900 | -€1,601 | -€1,409 | +€192 | +12.0% |
| Operating profit (loss) | 9901 | -€3,041 | -€2,789 | +€253 | +8.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,113 | €816 | -€297 | -26.7% |
| Recurring financial charges | 65 | €1,113 | €816 | -€297 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,154 | -€3,605 | +€549 | +13.2% |
| Income taxes | 67/77 | €95 | -€0 | -€95 | |
| Profit (loss) for the period | 9904 | -€4,249 | -€3,605 | +€644 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,249 | -€3,605 | +€644 | +15.2% |
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 4 October 2026 via checked.be.