Gravity Assist: 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.
Gravity Assist
Largest movements
- Receivables within one year +€37,985
up €37,985 (+135.8%), from €27,974 to €65,958
of which Other amounts receivable: +€25,758
- Cash -€14,389
down €14,389 (-23.5%), from €61,130 to €46,741
mainly Receivables within one year (-€37,985) and Tax, wage and social debts (-€23,179)
- Tangible fixed assets -€2,027
down €2,027 (-4.3%), from €47,451 to €45,424
of which Furniture and vehicles: -€15,626
- Reserves +€32,912
up €32,912 (+35.6%), from €92,451 to €125,363
- Tax, wage and social debts -€23,179
down €23,179 (-55.8%), from €41,571 to €18,391
- Trade debts +€11,886
up €11,886 (+744.2%), from €1,597 to €13,483
- Gross operating margin -€66,365
down €66,365 (-52.2%), from €127,188 to €60,823
- Taxes -€17,285
down €17,285 (-65.6%), from €26,363 to €9,078
- Depreciation +€12,424
up €12,424 (+197.2%), from €6,299 to €18,722
- Financial income +€1,561
up €1,561 (+7740.4%), from €20 to €1,581
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 | €137,478 | €159,070 | +€21,592 | +15.7% |
| Fixed assets | 21/28 | €47,451 | €45,424 | -€2,027 | -4.3% |
| Tangible fixed assets | 22/27 | €47,451 | €45,424 | -€2,027 | -4.3% |
| Plant, machinery and equipment | 23 | €1,827 | €7,602 | +€5,775 | +316.0% |
| Furniture and vehicles | 24 | €45,624 | €29,998 | -€15,626 | -34.2% |
| Other tangible fixed assets | 26 | - | €7,825 | +€7,825 | |
| Current assets | 29/58 | €90,027 | €113,646 | +€23,619 | +26.2% |
| Amounts receivable within one year | 40/41 | €27,974 | €65,958 | +€37,985 | +135.8% |
| Trade receivables | 40 | €15,626 | €27,853 | +€12,227 | +78.2% |
| Other amounts receivable | 41 | €12,347 | €38,105 | +€25,758 | +208.6% |
| Cash at bank and in hand | 54/58 | €61,130 | €46,741 | -€14,389 | -23.5% |
| Deferred charges and accrued income | 490/1 | €924 | €947 | +€23 | +2.5% |
| Total equity and liabilities | 10/49 | €137,478 | €159,070 | +€21,592 | +15.7% |
| Equity | 10/15 | €93,451 | €126,363 | +€32,912 | +35.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €92,451 | €125,363 | +€32,912 | +35.6% |
| Distributable reserves | 133 | €92,451 | €125,363 | +€32,912 | +35.6% |
| Amounts payable | 17/49 | €44,027 | €32,707 | -€11,320 | -25.7% |
| Amounts payable within one year | 42/48 | €44,027 | €32,707 | -€11,320 | -25.7% |
| Trade debts | 44 | €1,597 | €13,483 | +€11,886 | +744.2% |
| Suppliers | 440/4 | €1,597 | €13,483 | +€11,886 | +744.2% |
| Taxes, remuneration and social security | 45 | €41,571 | €18,391 | -€23,179 | -55.8% |
| Taxes | 450/3 | €41,571 | €18,391 | -€23,179 | -55.8% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,299 | €18,722 | +€12,424 | +197.2% |
| Other operating charges | 640/8 | €1,110 | €756 | -€353 | -31.8% |
| Gross operating margin | 9900 | €127,188 | €60,823 | -€66,365 | -52.2% |
| Operating profit (loss) | 9901 | €119,780 | €41,344 | -€78,436 | -65.5% |
| Financial income | 75/76B | €20 | €1,581 | +€1,561 | +7740.4% |
| Recurring financial income | 75 | €20 | €1,581 | +€1,561 | +7740.4% |
| Financial charges | 65/66B | €126 | €103 | -€24 | -18.8% |
| Recurring financial charges | 65 | €126 | €103 | -€24 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €119,674 | €42,823 | -€76,851 | -64.2% |
| Income taxes | 67/77 | €26,363 | €9,078 | -€17,285 | -65.6% |
| Profit (loss) for the period | 9904 | €93,310 | €33,745 | -€59,565 | -63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €93,310 | €33,745 | -€59,565 | -63.8% |
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.