GRAVITY: 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.
GRAVITY
Largest movements
- Receivables within one year +€169,978
up €169,978 (+597.5%), from €28,448 to €198,426
of which Trade receivables: +€143,437
- Deferred charges and accrued income -€64,598
down €64,598 (-99.4%), from €64,997 to €399
- Tangible fixed assets -€49,011
down €49,011 (-29.8%), from €164,460 to €115,450
- Cash -€31,853
down €31,853 (-13.9%), from €228,654 to €196,800
mainly Receivables within one year (-€169,978) and Contributions, distributions and other (-€93,604)
- Other debts +€93,604
new in 2025: €93,604
- Trade debts -€77,392
down €77,392 (-53.1%), from €145,791 to €68,399
- Tax, wage and social debts +€16,001
up €16,001 (+322.3%), from €4,964 to €20,965
- Debts after one year -€8,044
down €8,044 (-33.9%), from €23,761 to €15,717
- Gross operating margin +€130,172
up €130,172 (+269.2%), from €48,362 to €178,534
- Taxes +€30,965
new in 2025: €30,965
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 | €486,559 | €511,074 | +€24,515 | +5.0% |
| Fixed assets | 21/28 | €164,460 | €115,450 | -€49,011 | -29.8% |
| Tangible fixed assets | 22/27 | €164,460 | €115,450 | -€49,011 | -29.8% |
| Plant, machinery and equipment | 23 | €164,460 | €115,450 | -€49,011 | -29.8% |
| Current assets | 29/58 | €322,099 | €395,625 | +€73,526 | +22.8% |
| Amounts receivable within one year | 40/41 | €28,448 | €198,426 | +€169,978 | +597.5% |
| Trade receivables | 40 | €18,448 | €161,885 | +€143,437 | +777.5% |
| Other amounts receivable | 41 | €10,000 | €36,541 | +€26,541 | +265.4% |
| Cash at bank and in hand | 54/58 | €228,654 | €196,800 | -€31,853 | -13.9% |
| Deferred charges and accrued income | 490/1 | €64,997 | €399 | -€64,598 | -99.4% |
| Total equity and liabilities | 10/49 | €486,559 | €511,074 | +€24,515 | +5.0% |
| Equity | 10/15 | €300,972 | €300,972 | = | 0.0% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,972 | €50,972 | = | 0.0% |
| Amounts payable | 17/49 | €185,587 | €210,102 | +€24,515 | +13.2% |
| Amounts payable after more than one year | 17 | €23,761 | €15,717 | -€8,044 | -33.9% |
| Financial debts | 170/4 | €23,761 | €15,717 | -€8,044 | -33.9% |
| Amounts payable within one year | 42/48 | €161,826 | €194,385 | +€32,559 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €7,691 | €8,044 | +€353 | +4.6% |
| Financial debts | 43 | €3,379 | €3,373 | -€6 | -0.2% |
| Credit institutions | 430/8 | €3,379 | €3,373 | -€6 | -0.2% |
| Trade debts | 44 | €145,791 | €68,399 | -€77,392 | -53.1% |
| Suppliers | 440/4 | €145,791 | €68,399 | -€77,392 | -53.1% |
| Taxes, remuneration and social security | 45 | €4,964 | €20,965 | +€16,001 | +322.3% |
| Taxes | 450/3 | €4,964 | €20,965 | +€16,001 | +322.3% |
| Other amounts payable | 47/48 | - | €93,604 | +€93,604 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,164 | €51,531 | +€367 | +0.7% |
| Other operating charges | 640/8 | €528 | €579 | +€51 | +9.7% |
| Gross operating margin | 9900 | €48,362 | €178,534 | +€130,172 | +269.2% |
| Operating profit (loss) | 9901 | -€3,330 | €126,425 | +€129,754 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,130 | €1,855 | -€275 | -12.9% |
| Recurring financial charges | 65 | €2,130 | €1,855 | -€275 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,460 | €124,570 | +€130,030 | |
| Income taxes | 67/77 | - | €30,965 | +€30,965 | |
| Profit (loss) for the period | 9904 | -€5,460 | €93,604 | +€99,064 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,460 | €93,604 | +€99,064 |
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 10 October 2026 via checked.be.