Gravity Projects: 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 Projects
Largest movements
- Receivables within one year +€22,046
up €22,046 (+161%), from €13,730 to €35,776
of which Trade receivables: +€22,590
- Cash +€20,031
up €20,031 (+14.3%), from €139,774 to €159,805
mainly Net result for the year (+€60,810) and Other debts (+€23,128)
- Tangible fixed assets +€10,026
up €10,026 (+10.0%), from €100,510 to €110,537
of which Furniture and vehicles: +€12,944
- Reserves +€31,681
up €31,681 (+16.9%), from €187,107 to €218,788
of which Distributable reserves: +€31,681
- Other debts +€23,128
up €23,128 (+2,313%), from €1,000 to €24,128
- Debts after one year -€6,855
down €6,855 (-15.8%), from €43,413 to €36,559
- Tax, wage and social debts +€4,185
up €4,185 (+40.9%), from €10,230 to €14,415
of which Taxes: +€4,185
- Gross operating margin +€4,953
up €4,953 (+5.4%), from €91,456 to €96,409
- Depreciation +€3,943
up €3,943 (+87.6%), from €4,502 to €8,445
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 | €256,241 | €306,945 | +€50,704 | +19.8% |
| Fixed assets | 21/28 | €100,510 | €110,537 | +€10,026 | +10.0% |
| Tangible fixed assets | 22/27 | €100,510 | €110,537 | +€10,026 | +10.0% |
| Land and buildings | 22 | €94,982 | €92,064 | -€2,918 | -3.1% |
| Furniture and vehicles | 24 | €5,528 | €18,472 | +€12,944 | +234% |
| Current assets | 29/58 | €155,731 | €196,408 | +€40,677 | +26.1% |
| Amounts receivable within one year | 40/41 | €13,730 | €35,776 | +€22,046 | +161% |
| Trade receivables | 40 | €13,019 | €35,609 | +€22,590 | +174% |
| Other amounts receivable | 41 | €711 | €166 | -€545 | -76.6% |
| Cash at bank and in hand | 54/58 | €139,774 | €159,805 | +€20,031 | +14.3% |
| Deferred charges and accrued income | 490/1 | €2,227 | €828 | -€1,399 | -62.8% |
| Total equity and liabilities | 10/49 | €256,241 | €306,945 | +€50,704 | +19.8% |
| Equity | 10/15 | €193,307 | €224,988 | +€31,681 | +16.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €187,107 | €218,788 | +€31,681 | +16.9% |
| Non-distributable reserves | 130/1 | €1,038 | €1,038 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,038 | €1,038 | = | 0.0% |
| Distributable reserves | 133 | €186,069 | €217,750 | +€31,681 | +17.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €62,934 | €81,957 | +€19,022 | +30.2% |
| Amounts payable after more than one year | 17 | €43,413 | €36,559 | -€6,855 | -15.8% |
| Financial debts | 170/4 | €43,413 | €36,559 | -€6,855 | -15.8% |
| Amounts payable within one year | 42/48 | €19,521 | €45,398 | +€25,877 | +133% |
| Current portion of amounts payable after more than one year | 42 | €6,748 | €6,855 | +€107 | +1.6% |
| Trade debts | 44 | €1,544 | €0 | -€1,544 | -100% |
| Suppliers | 440/4 | €1,544 | €0 | -€1,544 | -100% |
| Taxes, remuneration and social security | 45 | €10,230 | €14,415 | +€4,185 | +40.9% |
| Taxes | 450/3 | €10,230 | €14,415 | +€4,185 | +40.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,000 | €24,128 | +€23,128 | +2,313% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,502 | €8,445 | +€3,943 | +87.6% |
| Other operating charges | 640/8 | €1,718 | €2,197 | +€478 | +27.8% |
| Gross operating margin | 9900 | €91,456 | €96,409 | +€4,953 | +5.4% |
| Operating profit (loss) | 9901 | €85,235 | €85,767 | +€532 | +0.6% |
| Financial income | 75/76B | €21 | €4 | -€18 | -83.5% |
| Recurring financial income | 75 | €21 | €4 | -€18 | -83.5% |
| Financial charges | 65/66B | €1,800 | €1,088 | -€712 | -39.6% |
| Recurring financial charges | 65 | €1,800 | €1,088 | -€712 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €83,456 | €84,683 | +€1,226 | +1.5% |
| Income taxes | 67/77 | €23,260 | €23,873 | +€613 | +2.6% |
| Profit (loss) for the period | 9904 | €60,196 | €60,810 | +€613 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €60,196 | €60,810 | +€613 | +1.0% |
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 27 October 2026 via checked.be.