Van het Graafje: 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.
Van het Graafje
Largest movements
- Cash -€16,607
down €16,607 (-40.9%), from €40,620 to €24,014
mainly Contributions, distributions and other (-€75,301) and Other debts (-€11,356)
- Tangible fixed assets -€5,968
down €5,968 (-37.8%), from €15,769 to €9,801
- Receivables within one year -€2,277
down €2,277 (-24.4%), from €9,315 to €7,038
of which Other amounts receivable: -€2,993
- Stocks and contracts -€1,384
down €1,384 (-2.8%), from €50,125 to €48,742
- Other debts -€11,356
down €11,356 (-18.9%), from €60,082 to €48,726
- Tax, wage and social debts -€9,820
down €9,820 (-26.7%), from €36,761 to €26,941
of which Taxes: -€5,792
- Trade debts -€7,647
down €7,647 (-82.2%), from €9,305 to €1,659
- Current portion of long-term debt +€2,587
up €2,587 (+38.7%), from €6,680 to €9,267
- Gross operating margin -€13,374
down €13,374 (-7.6%), from €177,085 to €163,711
- Taxes -€6,680
down €6,680 (-28.3%), from €23,630 to €16,950
- Depreciation +€3,832
up €3,832 (+179%), from €2,136 to €5,968
- Staff costs -€2,476
down €2,476 (-3.8%), from €65,951 to €63,476
- Other operating charges +€1,800
up €1,800 (+96.0%), from €1,875 to €3,674
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 | €115,829 | €89,593 | -€26,236 | -22.7% |
| Fixed assets | 21/28 | €15,769 | €9,801 | -€5,968 | -37.8% |
| Tangible fixed assets | 22/27 | €15,769 | €9,801 | -€5,968 | -37.8% |
| Furniture and vehicles | 24 | €15,769 | €9,801 | -€5,968 | -37.8% |
| Current assets | 29/58 | €100,060 | €79,793 | -€20,268 | -20.3% |
| Stocks and contracts in progress | 3 | €50,125 | €48,742 | -€1,384 | -2.8% |
| Stocks | 30/36 | €50,125 | €48,742 | -€1,384 | -2.8% |
| Amounts receivable within one year | 40/41 | €9,315 | €7,038 | -€2,277 | -24.4% |
| Trade receivables | 40 | €5,326 | €6,042 | +€716 | +13.4% |
| Other amounts receivable | 41 | €3,989 | €996 | -€2,993 | -75.0% |
| Cash at bank and in hand | 54/58 | €40,620 | €24,014 | -€16,607 | -40.9% |
| Total equity and liabilities | 10/49 | €115,829 | €89,593 | -€26,236 | -22.7% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €112,829 | €86,593 | -€26,236 | -23.3% |
| Amounts payable within one year | 42/48 | €112,829 | €86,593 | -€26,236 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | €6,680 | €9,267 | +€2,587 | +38.7% |
| Trade debts | 44 | €9,305 | €1,659 | -€7,647 | -82.2% |
| Suppliers | 440/4 | €9,305 | €1,659 | -€7,647 | -82.2% |
| Taxes, remuneration and social security | 45 | €36,761 | €26,941 | -€9,820 | -26.7% |
| Taxes | 450/3 | €31,962 | €26,170 | -€5,792 | -18.1% |
| Remuneration and social security | 454/9 | €4,799 | €771 | -€4,028 | -83.9% |
| Other amounts payable | 47/48 | €60,082 | €48,726 | -€11,356 | -18.9% |
| Remuneration, social security and pensions | 62 | €65,951 | €63,476 | -€2,476 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,136 | €5,968 | +€3,832 | +179% |
| Other operating charges | 640/8 | €1,875 | €3,674 | +€1,800 | +96.0% |
| Gross operating margin | 9900 | €177,085 | €163,711 | -€13,374 | -7.6% |
| Operating profit (loss) | 9901 | €107,123 | €90,593 | -€16,530 | -15.4% |
| Financial income | 75/76B | €2,368 | €2,255 | -€114 | -4.8% |
| Recurring financial income | 75 | €2,368 | €2,255 | -€114 | -4.8% |
| Financial charges | 65/66B | €30 | €596 | +€567 | +1,921% |
| Recurring financial charges | 65 | €30 | €596 | +€567 | +1,921% |
| Profit (loss) for the period before taxes | 9903 | €109,462 | €92,251 | -€17,210 | -15.7% |
| Income taxes | 67/77 | €23,630 | €16,950 | -€6,680 | -28.3% |
| Profit (loss) for the period | 9904 | €85,832 | €75,301 | -€10,530 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €85,832 | €75,301 | -€10,530 | -12.3% |
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.