CABINET DE GREFT: 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.
CABINET DE GREFT
Largest movements
- Cash +€113,016
up €113,016 (+20.7%), from €544,790 to €657,806
mainly Other debts (+€123,968) and Net result for the year (+€44,124)
- Receivables within one year +€30,815
up €30,815 (+7.2%), from €428,606 to €459,420
of which Trade receivables: +€32,625
- Tangible fixed assets -€25,093
down €25,093 (-5.7%), from €442,897 to €417,804
of which Furniture and vehicles: -€17,850
- Other debts +€123,968
up €123,968 (+18.8%), from €659,752 to €783,719
- Profit (loss) carried forward +€44,124
up €44,124 (+68.1%), from €64,780 to €108,905
- Debts after one year -€29,838
down €29,838 (-8.3%), from €359,879 to €330,041
- Tax, wage and social debts -€22,336
down €22,336 (-18.6%), from €119,992 to €97,656
of which Remuneration and social security: -€13,644
- Gross operating margin +€81,170
up €81,170 (+21.4%), from €378,712 to €459,882
- Staff costs +€22,280
up €22,280 (+7.3%), from €304,181 to €326,461
- Taxes +€14,290
up €14,290 (+96.7%), from €14,781 to €29,070
- Depreciation -€4,831
down €4,831 (-10.2%), from €47,331 to €42,500
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.
Derived cash bridge
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 | €1,596,252 | €1,713,523 | +€117,271 | +7.3% |
| Fixed assets | 21/28 | €448,630 | €423,537 | -€25,093 | -5.6% |
| Tangible fixed assets | 22/27 | €442,897 | €417,804 | -€25,093 | -5.7% |
| Land and buildings | 22 | €331,031 | €321,245 | -€9,786 | -3.0% |
| Plant, machinery and equipment | 23 | €75,529 | €76,112 | +€583 | +0.8% |
| Furniture and vehicles | 24 | €28,462 | €10,612 | -€17,850 | -62.7% |
| Other tangible fixed assets | 26 | €7,875 | €9,835 | +€1,960 | +24.9% |
| Financial fixed assets | 28 | €5,733 | €5,733 | = | 0.0% |
| Current assets | 29/58 | €1,147,622 | €1,289,986 | +€142,364 | +12.4% |
| Amounts receivable after more than one year | 29 | €135,528 | €126,800 | -€8,728 | -6.4% |
| Other amounts receivable | 291 | €135,528 | €126,800 | -€8,728 | -6.4% |
| Amounts receivable within one year | 40/41 | €428,606 | €459,420 | +€30,815 | +7.2% |
| Trade receivables | 40 | €405,196 | €437,821 | +€32,625 | +8.1% |
| Other amounts receivable | 41 | €23,410 | €21,599 | -€1,811 | -7.7% |
| Current investments | 50/53 | €207 | €207 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €544,790 | €657,806 | +€113,016 | +20.7% |
| Deferred charges and accrued income | 490/1 | €38,492 | €45,752 | +€7,261 | +18.9% |
| Total equity and liabilities | 10/49 | €1,596,252 | €1,713,523 | +€117,271 | +7.3% |
| Equity | 10/15 | €358,990 | €403,115 | +€44,124 | +12.3% |
| Contributions | 10/11 | €88,000 | €88,000 | = | 0.0% |
| Reserves | 13 | €206,210 | €206,210 | = | 0.0% |
| Non-distributable reserves | 130/1 | €146,210 | €146,210 | = | 0.0% |
| Reserves not available under the articles | 1311 | €146,210 | €146,210 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,780 | €108,905 | +€44,124 | +68.1% |
| Amounts payable | 17/49 | €1,237,262 | €1,310,408 | +€73,147 | +5.9% |
| Amounts payable after more than one year | 17 | €359,879 | €330,041 | -€29,838 | -8.3% |
| Financial debts | 170/4 | €359,879 | €330,041 | -€29,838 | -8.3% |
| Amounts payable within one year | 42/48 | €877,383 | €980,367 | +€102,984 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €33,399 | €29,838 | -€3,561 | -10.7% |
| Trade debts | 44 | €64,241 | €69,154 | +€4,913 | +7.6% |
| Suppliers | 440/4 | €64,241 | €69,154 | +€4,913 | +7.6% |
| Taxes, remuneration and social security | 45 | €119,992 | €97,656 | -€22,336 | -18.6% |
| Taxes | 450/3 | €58,588 | €49,896 | -€8,692 | -14.8% |
| Remuneration and social security | 454/9 | €61,403 | €47,760 | -€13,644 | -22.2% |
| Other amounts payable | 47/48 | €659,752 | €783,719 | +€123,968 | +18.8% |
| Non-recurring operating income | 76A | €13,238 | €56,194 | +€42,956 | +324% |
| Remuneration, social security and pensions | 62 | €304,181 | €326,461 | +€22,280 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,331 | €42,500 | -€4,831 | -10.2% |
| Other operating charges | 640/8 | €8,641 | €13,163 | +€4,522 | +52.3% |
| Non-recurring operating charges | 66A | €107 | - | -€107 | |
| Gross operating margin | 9900 | €378,712 | €459,882 | +€81,170 | +21.4% |
| Operating profit (loss) | 9901 | €18,452 | €77,757 | +€59,305 | +321% |
| Financial income | 75/76B | €3,746 | €3,357 | -€389 | -10.4% |
| Recurring financial income | 75 | €3,746 | €3,357 | -€389 | -10.4% |
| Financial charges | 65/66B | €8,357 | €7,920 | -€437 | -5.2% |
| Recurring financial charges | 65 | €8,357 | €7,920 | -€437 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €13,841 | €73,194 | +€59,354 | +429% |
| Income taxes | 67/77 | €14,781 | €29,070 | +€14,290 | +96.7% |
| Profit (loss) for the period | 9904 | -€940 | €44,124 | +€45,064 | |
| Profit (loss) for the period to be appropriated | 9905 | -€940 | €44,124 | +€45,064 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.