Greif
Annual accounts 2025
abbreviated format, filed on 02-07-2026, 29 days before the deadline€46,982
▲ 17.2%
€45,105
▲ 45.9%
€29,936
▲ 43.2%
€182,536
▲ 59.9%
60.4%
▲ 5.9 percentage points
4.40
▲ 2.40
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €87,000 and €170,000.
Balance sheet
balance sheet total €507,063 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
60.4%
Higher than 64% of 2,094 companies in 2025.
4.40
Higher than 80% of 2,010 companies in 2025.
5.9%
Higher than 57% of 2,053 companies in 2025.
Greif
Middle half of the sector
80% of the sector
Abbreviated accounts in advertising and market research (NACE 73)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
507,063 | 506,886 | 614,775 | 622,769 | 722,884 | 729,487 | 703,684 | 438,820 | 331,882 | |
21/28 |
270,791 | 278,394 | 291,090 | 430,667 | 436,357 | 444,015 | 390,392 | 8,676 | 320,482 | |
22/27 |
1,688 | 9,291 | 21,987 | 22,373 | 28,063 | 35,720 | 5,148 | 8,676 | 482 | |
24 |
970 | 8,379 | 21,987 | 22,373 | 28,063 | 35,720 | 5,148 | 8,676 | 482 | |
26 |
718 | 912 | - | - | - | - | - | - | - | |
28 |
269,103 | 269,103 | 269,103 | 408,294 | 408,294 | 408,294 | 385,244 | - | 320,000 | |
29/58 |
236,271 | 228,492 | 323,684 | 192,103 | 286,527 | 285,472 | 313,292 | 430,144 | 11,400 | |
29 |
75,000 | 130,268 | 184,321 | 99,089 | 143,089 | 10,000 | 10,000 | 63,312 | - | |
290 |
- | - | - | 0 | 143,089 | 10,000 | - | - | - | |
291 |
75,000 | 130,268 | 184,321 | 99,089 | - | 0 | 10,000 | 63,312 | - | |
40/41 |
147,939 | 74,933 | 115,954 | 74,863 | 92,899 | 142,601 | 161,822 | 75,924 | 7,343 | |
40 |
12,283 | 51,899 | 92,400 | - | - | 0 | 112,280 | 25,410 | - | |
41 |
135,656 | 23,034 | 23,554 | 74,863 | 92,899 | 142,601 | 49,542 | 50,514 | 7,343 | |
54/58 |
9,162 | 16,128 | 15,989 | 11,514 | 45,729 | 129,976 | 139,345 | 289,027 | 4,057 | |
490/1 |
4,170 | 7,162 | 7,420 | 6,636 | 4,809 | 2,895 | 2,126 | 1,882 | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
507,063 | 506,886 | 614,775 | 622,769 | 722,884 | 729,487 | 703,684 | 438,820 | 331,882 | |
10/15 |
306,149 | 276,213 | 345,313 | 354,342 | 409,145 | 386,709 | 371,523 | 359,331 | 32,506 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | - | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 12,400 | 12,400 | |
11 |
- | - | - | - | - | - | 6,200 | - | - | |
1100/10 |
- | - | - | - | - | - | 6,200 | - | - | |
13 |
287,549 | 257,613 | 326,713 | 335,742 | 390,545 | 380,509 | 365,323 | 353,131 | 26,306 | |
130 |
- | - | - | - | - | - | - | 1,860 | 1,860 | |
133 |
287,549 | 257,613 | 326,713 | 335,742 | 390,545 | 380,509 | 365,323 | 351,271 | 24,446 | |
14 |
0 | 0 | 0 | 0 | 0 | - | - | - | - | |
17/49 |
200,914 | 230,673 | 269,462 | 268,428 | 313,739 | 342,778 | 332,161 | 79,489 | 299,376 | |
17 |
147,178 | 116,180 | 160,290 | 210,188 | 259,544 | 287,582 | 50,000 | 50,000 | 221,217 | |
170/4 |
147,178 | 116,180 | 160,290 | 210,188 | 259,544 | 287,582 | 50,000 | 50,000 | 221,217 | |
42/48 |
53,736 | 114,333 | 108,399 | 58,240 | 54,196 | 55,196 | 282,161 | 28,489 | 78,142 | |
42 |
44,003 | 44,109 | 53,468 | 49,355 | 48,818 | 41,723 | - | - | 27,468 | |
43 |
794 | 16 | 38 | 156 | - | 0 | 248,666 | - | - | |
430/8 |
- | - | - | - | - | 0 | 248,666 | - | - | |
439 |
794 | 16 | 38 | 156 | - | - | - | - | - | |
44 |
3,795 | 6,346 | 924 | 1,897 | 2,478 | 2,092 | 4,599 | 1,656 | 13,655 | |
440/4 |
3,795 | 6,346 | 924 | 1,897 | 2,478 | 2,092 | 4,599 | 1,656 | 13,655 | |
45 |
2,953 | 14,122 | 27,452 | 2,100 | 2,100 | 7,861 | 20,062 | 24,725 | 16,169 | |
450/3 |
1,753 | 14,122 | 26,252 | 900 | 900 | 6,661 | 18,862 | 24,725 | 16,169 | |
454/9 |
1,200 | 0 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | - | - | |
47/48 |
2,191 | 49,740 | 26,518 | 4,731 | 800 | 3,520 | 8,834 | 2,107 | 20,850 | |
492/3 |
0 | 159 | 773 | - | - | - | - | 1,000 | 17 | |
| Income statement | ||||||||||
76A |
5,655 | 20,828 | - | - | - | - | - | 271,818 | - | |
9900 |
46,982 | 40,085 | 80,343 | -6,677 | 33,796 | 27,988 | 29,661 | 85,371 | 67,049 | |
630 |
1,258 | 8,242 | 10,928 | 7,552 | 9,223 | 3,286 | 3,528 | 6,105 | 735 | |
640/8 |
620 | 935 | 816 | 848 | 721 | 598 | 2,271 | 1,457 | 6,869 | |
9901 |
45,105 | 30,908 | 68,599 | -15,076 | 23,853 | 24,103 | 23,862 | 77,809 | 59,444 | |
75/76B |
3,958 | 6,016 | 17,146 | 4,803 | 2,577 | 1,225 | 2,416 | 272,056 | - | |
75 |
3,958 | 6,016 | 6,337 | 4,803 | 2,577 | 1,225 | 2,416 | 238 | - | |
76B |
- | 0 | 10,809 | - | - | - | - | 271,818 | - | |
65/66B |
2,373 | 3,401 | 4,047 | 4,378 | 8,974 | 5,697 | 8,326 | 6,334 | 1,779 | |
65 |
2,373 | 3,401 | 4,047 | 4,378 | 5,296 | 5,697 | 8,326 | 6,334 | 1,779 | |
66B |
- | - | - | 0 | 3,678 | - | - | - | - | |
9903 |
46,689 | 33,523 | 81,698 | -14,652 | 17,456 | 19,631 | 17,953 | 343,531 | 57,665 | |
67/77 |
16,753 | 12,622 | 18,227 | 151 | 6,620 | 3,645 | 5,761 | 15,906 | 15,719 | |
9904 |
29,936 | 20,900 | 63,471 | -14,803 | 10,835 | 15,986 | 12,192 | 327,625 | 41,946 | |
9905 |
29,936 | 20,900 | 63,471 | -14,803 | 10,835 | 15,986 | 12,192 | 327,625 | 41,946 | |
| Appropriation of the result | ||||||||||
9906 |
29,936 | 20,900 | 63,471 | -14,803 | 10,835 | 15,986 | 12,192 | 327,625 | 41,946 | |
791/2 |
0 | 90,000 | 72,500 | 54,803 | - | - | - | - | - | |
691/2 |
29,936 | 20,900 | 63,471 | 0 | 10,035 | 15,186 | 12,192 | 326,825 | 26,306 | |
6920 |
- | - | - | - | - | - | - | - | 1,860 | |
6921 |
29,936 | 20,900 | 63,471 | 0 | 10,035 | 15,186 | 12,192 | 326,825 | 24,446 | |
694/7 |
0 | 90,000 | 72,500 | 40,000 | 800 | 800 | - | 800 | 15,640 | |
694 |
0 | 90,000 | 47,500 | 40,000 | 800 | 800 | - | 800 | 640 | |
695 |
- | 0 | 25,000 | - | - | - | - | - | 15,000 | |
| Social balance sheet | ||||||||||
9087 |
0 | 0 | 0 | 0 | - | - | - | - | - | |
| Document | ||||||||||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 02-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 02-07-2026 | 2026-00239226 | |
| 31-12-2024 | abbreviated format | 23-07-2025 | 2025-00297353 | |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00403373 | |
| 31-12-2022 | abbreviated format | 29-08-2023 | 2023-00366408 | |
| 31-12-2021 | abbreviated format | 18-08-2022 | 2022-20293804 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-60300516 | |
| 31-12-2019 | abbreviated format | 25-08-2020 | 2020-44300129 | |
| 31-12-2018 | abbreviated format | 27-08-2019 | 2019-51600557 | |
| 31-12-2017 | abbreviated format | 27-08-2018 | 2018-51100214 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 46,362 | 39,150 | 79,526 | -7,525 | 33,076 | 27,390 | 27,390 | 83,914 | 60,179 | ||
| 31,194 | 29,143 | 74,399 | -7,251 | 20,058 | 19,273 | 15,720 | 333,730 | 42,681 | ||
| -6,345 | 3,075 | 10,542 | 1,862 | 1,565 | 56,909 | 385,244 | 14,299 | 321,217 | ||
| -6,966 | 139 | 4,475 | -34,215 | -84,247 | -9,368 | -149,682 | 284,970 | - | ||
| 182,536 | 114,159 | 215,285 | 133,863 | 232,331 | 230,277 | 31,131 | 401,655 | -66,742 | ||
| 60.4% | 54.5% | 56.2% | 56.9% | 56.6% | 53.0% | 52.8% | 81.9% | 9.8% | ||
| 4.40 | 2.00 | 2.99 | 3.30 | 5.29 | 5.17 | 1.11 | 15.10 | 0.15 | ||
| 0.66 | 0.84 | 0.78 | 0.76 | 0.77 | 0.89 | 0.89 | 0.22 | 9.21 | ||
| 9.8% | 7.6% | 18.4% | -4.2% | 2.6% | 4.1% | 3.3% | 91.2% | 129.0% | ||
| 5.9% | 4.1% | 10.3% | -2.4% | 1.5% | 2.2% | 1.7% | 74.7% | 12.6% | ||
| 19.54 | 11.51 | 19.65 | -1.72 | 6.25 | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,075 | €10,542 | €1,862 | €1,565 |
| €1,258 | €8,242 | €10,928 | €7,552 | €9,223 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Greif
The operating result for 2025 is 46% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 45.5% to 39.6%. Equity is higher and debt is lower.