World Graphix Services: 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.
World Graphix Services
Largest movements
- Stocks and contracts -€70,282
down €70,282 (-100.0%), from €70,282 to €0
- Receivables within one year +€9,985
up €9,985 (+2.1%), from €475,860 to €485,845
of which Other amounts receivable: +€43,174
- Reserves +€294,532
up €294,532 (+15877.8%), from €1,855 to €296,387
of which Distributable reserves: +€294,532
- Trade debts -€196,704
down €196,704 (-81.5%), from €241,218 to €44,513
- Profit (loss) carried forward -€185,289
down €185,289 (-100.0%), from €185,289 to €0
- Tax, wage and social debts +€87,881
up €87,881 (+192.9%), from €45,550 to €133,431
of which Taxes: +€60,726
- Short-term financial debts -€46,239
down €46,239 (-84.5%), from €54,723 to €8,484
- Gross operating margin +€177,200
up €177,200 (+547.8%), from €32,345 to €209,544
- Taxes +€54,176
up €54,176 (+827.1%), from €6,550 to €60,726
- Staff costs +€37,465
new in 2024: €37,465
- Financial charges -€9,753
down €9,753 (-73.0%), from €13,367 to €3,614
- Other operating charges -€2,344
down €2,344 (-31.0%), from €7,561 to €5,218
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €547,420 | €489,015 | -€58,404 | -10.7% |
| Fixed assets | 21/28 | €644 | €3,170 | +€2,526 | +392.0% |
| Tangible fixed assets | 22/27 | €196 | €2,240 | +€2,044 | +1040.5% |
| Furniture and vehicles | 24 | €196 | €2,240 | +€2,044 | +1040.5% |
| Financial fixed assets | 28 | €448 | €930 | +€482 | +107.7% |
| Current assets | 29/58 | €546,775 | €485,845 | -€60,930 | -11.1% |
| Stocks and contracts in progress | 3 | €70,282 | €0 | -€70,282 | -100.0% |
| Stocks | 30/36 | €70,282 | €0 | -€70,282 | -100.0% |
| Amounts receivable within one year | 40/41 | €475,860 | €485,845 | +€9,985 | +2.1% |
| Trade receivables | 40 | €339,151 | €305,962 | -€33,189 | -9.8% |
| Other amounts receivable | 41 | €136,709 | €179,883 | +€43,174 | +31.6% |
| Cash at bank and in hand | 54/58 | €633 | €0 | -€633 | -100.0% |
| Total equity and liabilities | 10/49 | €547,420 | €489,015 | -€58,404 | -10.7% |
| Equity | 10/15 | €193,344 | €302,587 | +€109,243 | +56.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €296,387 | +€294,532 | +15877.8% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | - | €294,532 | +€294,532 | |
| Profit (loss) carried forward | 14 | €185,289 | €0 | -€185,289 | -100.0% |
| Amounts payable | 17/49 | €354,075 | €186,428 | -€167,647 | -47.3% |
| Amounts payable within one year | 42/48 | €344,075 | €186,428 | -€157,647 | -45.8% |
| Financial debts | 43 | €54,723 | €8,484 | -€46,239 | -84.5% |
| Credit institutions | 430/8 | €54,723 | €8,484 | -€46,239 | -84.5% |
| Trade debts | 44 | €241,218 | €44,513 | -€196,704 | -81.5% |
| Suppliers | 440/4 | €241,218 | €44,513 | -€196,704 | -81.5% |
| Taxes, remuneration and social security | 45 | €45,550 | €133,431 | +€87,881 | +192.9% |
| Taxes | 450/3 | €45,550 | €106,276 | +€60,726 | +133.3% |
| Remuneration and social security | 454/9 | - | €27,155 | +€27,155 | |
| Other amounts payable | 47/48 | €2,585 | €0 | -€2,585 | -100.0% |
| Accrued charges and deferred income | 492/3 | €10,000 | €0 | -€10,000 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €37,465 | +€37,465 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €272 | €765 | +€492 | +180.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €7,561 | €5,218 | -€2,344 | -31.0% |
| Gross operating margin | 9900 | €32,345 | €209,544 | +€177,200 | +547.8% |
| Operating profit (loss) | 9901 | €24,511 | €166,098 | +€141,586 | +577.6% |
| Financial income | 75/76B | €6,641 | €7,486 | +€845 | +12.7% |
| Recurring financial income | 75 | €6,641 | €7,486 | +€845 | +12.7% |
| Financial charges | 65/66B | €13,367 | €3,614 | -€9,753 | -73.0% |
| Recurring financial charges | 65 | €13,367 | €3,614 | -€9,753 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | €17,785 | €169,969 | +€152,184 | +855.7% |
| Income taxes | 67/77 | €6,550 | €60,726 | +€54,176 | +827.1% |
| Profit (loss) for the period | 9904 | €11,235 | €109,243 | +€98,008 | +872.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,235 | €109,243 | +€98,008 | +872.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.