Publi Gravo: 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.
Publi Gravo
Largest movements
- Receivables within one year +€26,185
up €26,185 (+13.4%), from €195,038 to €221,223
of which Trade receivables: +€19,692
- Tangible fixed assets -€20,185
down €20,185 (-24.5%), from €82,251 to €62,066
- Intangible fixed assets -€16,063
down €16,063 (-31.3%), from €51,400 to €35,338
- Profit (loss) carried forward -€129,008
down €129,008 (-422%), from -€30,560 to -€159,568
- Advances received +€82,438
new in 2025: €82,438
- Other debts +€74,661
up €74,661 (+237%), from €31,569 to €106,230
- Tax, wage and social debts -€28,448
down €28,448 (-62.5%), from €45,524 to €17,076
of which Remuneration and social security: -€19,681
- Current portion of long-term debt -€12,280
down €12,280 (-14.8%), from €82,882 to €70,602
- Gross operating margin -€243,810
down €243,810 (-81.4%), from €299,421 to €55,611
- Staff costs -€90,612
down €90,612 (-42.8%), from €211,955 to €121,344
- Taxes -€4,274
down €4,274 (-93.2%), from €4,585 to €311
- Depreciation +€3,847
up €3,847 (+10.4%), from €36,825 to €40,672
- Financial charges +€3,138
up €3,138 (+17.1%), from €18,353 to €21,491
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 | €375,302 | €362,276 | -€13,026 | -3.5% |
| Fixed assets | 21/28 | €135,151 | €98,903 | -€36,248 | -26.8% |
| Intangible fixed assets | 21 | €51,400 | €35,338 | -€16,063 | -31.3% |
| Tangible fixed assets | 22/27 | €82,251 | €62,066 | -€20,185 | -24.5% |
| Land and buildings | 22 | €10,326 | €8,799 | -€1,527 | -14.8% |
| Plant, machinery and equipment | 23 | €34,772 | €28,406 | -€6,366 | -18.3% |
| Furniture and vehicles | 24 | €30,142 | €23,450 | -€6,692 | -22.2% |
| Leasing and similar rights | 25 | €7,012 | €1,412 | -€5,600 | -79.9% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €240,151 | €263,373 | +€23,222 | +9.7% |
| Stocks and contracts in progress | 3 | €34,604 | €34,604 | = | 0.0% |
| Stocks | 30/36 | €34,604 | €34,604 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €195,038 | €221,223 | +€26,185 | +13.4% |
| Trade receivables | 40 | €195,038 | €214,730 | +€19,692 | +10.1% |
| Other amounts receivable | 41 | €0 | €6,493 | +€6,493 | |
| Cash at bank and in hand | 54/58 | €2,681 | €392 | -€2,289 | -85.4% |
| Deferred charges and accrued income | 490/1 | €7,827 | €7,153 | -€674 | -8.6% |
| Total equity and liabilities | 10/49 | €375,302 | €362,276 | -€13,026 | -3.5% |
| Equity | 10/15 | -€23,668 | -€152,676 | -€129,008 | -545% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €692 | €692 | = | 0.0% |
| Non-distributable reserves | 130/1 | €692 | €692 | = | 0.0% |
| Reserves not available under the articles | 1311 | €692 | €692 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,560 | -€159,568 | -€129,008 | -422% |
| Amounts payable | 17/49 | €398,970 | €514,953 | +€115,982 | +29.1% |
| Amounts payable after more than one year | 17 | €72,580 | €81,340 | +€8,760 | +12.1% |
| Financial debts | 170/4 | €72,580 | €81,340 | +€8,760 | +12.1% |
| Amounts payable within one year | 42/48 | €316,868 | €425,257 | +€108,390 | +34.2% |
| Current portion of amounts payable after more than one year | 42 | €82,882 | €70,602 | -€12,280 | -14.8% |
| Financial debts | 43 | - | €3,688 | +€3,688 | |
| Credit institutions | 430/8 | - | €3,688 | +€3,688 | |
| Trade debts | 44 | €156,892 | €145,222 | -€11,670 | -7.4% |
| Suppliers | 440/4 | €156,892 | €145,222 | -€11,670 | -7.4% |
| Advances received on contracts in progress | 46 | - | €82,438 | +€82,438 | |
| Taxes, remuneration and social security | 45 | €45,524 | €17,076 | -€28,448 | -62.5% |
| Taxes | 450/3 | €10,175 | €1,408 | -€8,767 | -86.2% |
| Remuneration and social security | 454/9 | €35,349 | €15,668 | -€19,681 | -55.7% |
| Other amounts payable | 47/48 | €31,569 | €106,230 | +€74,661 | +237% |
| Accrued charges and deferred income | 492/3 | €9,523 | €8,355 | -€1,168 | -12.3% |
| Non-recurring operating income | 76A | €20,640 | €1,961 | -€18,679 | -90.5% |
| Remuneration, social security and pensions | 62 | €211,955 | €121,344 | -€90,612 | -42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,825 | €40,672 | +€3,847 | +10.4% |
| Other operating charges | 640/8 | €3,028 | €1,552 | -€1,476 | -48.7% |
| Gross operating margin | 9900 | €299,421 | €55,611 | -€243,810 | -81.4% |
| Operating profit (loss) | 9901 | €47,612 | -€107,956 | -€155,569 | |
| Financial income | 75/76B | €205 | €751 | +€546 | +266% |
| Recurring financial income | 75 | €205 | €751 | +€546 | +266% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €18,353 | €21,491 | +€3,138 | +17.1% |
| Recurring financial charges | 65 | €18,353 | €21,491 | +€3,138 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €29,464 | -€128,697 | -€158,161 | |
| Income taxes | 67/77 | €4,585 | €311 | -€4,274 | -93.2% |
| Profit (loss) for the period | 9904 | €24,879 | -€129,008 | -€153,887 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,879 | -€129,008 | -€153,887 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.