ClassicGrey: 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.
ClassicGrey
Largest movements
- Current investments +€189,655
up €189,655 (+474%), from €40,000 to €229,655
- Cash -€142,273
down €142,273 (-68.4%), from €207,904 to €65,631
mainly Current investments (-€189,655) and Tax, wage and social debts (-€21,754)
- Receivables within one year +€7,849
up €7,849 (+120%), from €6,514 to €14,364
of which Trade receivables: +€6,274
- Reserves +€69,441
up €69,441 (+38.4%), from €180,704 to €250,145
- Tax, wage and social debts -€21,754
down €21,754 (-29.0%), from €74,952 to €53,198
- Trade debts +€4,046
up €4,046 (+254%), from €1,593 to €5,638
- Gross operating margin +€10,686
up €10,686 (+11.8%), from €90,334 to €101,020
- Financial income -€4,465
down €4,465 (-77.9%), from €5,732 to €1,268
- Taxes +€1,630
up €1,630 (+6.6%), from €24,757 to €26,387
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 | €260,249 | €314,261 | +€54,013 | +20.8% |
| Fixed assets | 21/28 | €5,831 | €4,596 | -€1,235 | -21.2% |
| Tangible fixed assets | 22/27 | €5,831 | €4,596 | -€1,235 | -21.2% |
| Furniture and vehicles | 24 | €5,831 | €4,596 | -€1,235 | -21.2% |
| Current assets | 29/58 | €254,418 | €309,665 | +€55,248 | +21.7% |
| Amounts receivable within one year | 40/41 | €6,514 | €14,364 | +€7,849 | +120% |
| Trade receivables | 40 | - | €6,274 | +€6,274 | |
| Other amounts receivable | 41 | €6,514 | €8,090 | +€1,576 | +24.2% |
| Current investments | 50/53 | €40,000 | €229,655 | +€189,655 | +474% |
| Cash at bank and in hand | 54/58 | €207,904 | €65,631 | -€142,273 | -68.4% |
| Deferred charges and accrued income | 490/1 | - | €16 | +€16 | |
| Total equity and liabilities | 10/49 | €260,249 | €314,261 | +€54,013 | +20.8% |
| Equity | 10/15 | €183,704 | €253,145 | +€69,441 | +37.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €180,704 | €250,145 | +€69,441 | +38.4% |
| Distributable reserves | 133 | €180,704 | €250,145 | +€69,441 | +38.4% |
| Amounts payable | 17/49 | €76,544 | €61,116 | -€15,428 | -20.2% |
| Amounts payable within one year | 42/48 | €76,544 | €61,116 | -€15,428 | -20.2% |
| Trade debts | 44 | €1,593 | €5,638 | +€4,046 | +254% |
| Suppliers | 440/4 | €1,593 | €5,638 | +€4,046 | +254% |
| Advances received on contracts in progress | 46 | - | €2,280 | +€2,280 | |
| Taxes, remuneration and social security | 45 | €74,952 | €53,198 | -€21,754 | -29.0% |
| Taxes | 450/3 | €74,952 | €53,198 | -€21,754 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €344 | €1,235 | +€891 | +259% |
| Other operating charges | 640/8 | €505 | €120 | -€385 | -76.3% |
| Gross operating margin | 9900 | €90,334 | €101,020 | +€10,686 | +11.8% |
| Operating profit (loss) | 9901 | €89,484 | €99,665 | +€10,180 | +11.4% |
| Financial income | 75/76B | €5,732 | €1,268 | -€4,465 | -77.9% |
| Recurring financial income | 75 | €5,732 | €1,268 | -€4,465 | -77.9% |
| Financial charges | 65/66B | €5,167 | €5,104 | -€63 | -1.2% |
| Recurring financial charges | 65 | €5,167 | €5,104 | -€63 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €90,049 | €95,828 | +€5,779 | +6.4% |
| Income taxes | 67/77 | €24,757 | €26,387 | +€1,630 | +6.6% |
| Profit (loss) for the period | 9904 | €65,292 | €69,441 | +€4,148 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,292 | €69,441 | +€4,148 | +6.4% |
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 14 October 2026 via checked.be.