Constructie De Greyt: 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.
Constructie De Greyt
Largest movements
- Receivables within one year -€98,334
down €98,334 (-27.2%), from €361,747 to €263,413
of which Trade receivables: -€115,110
- Cash +€42,845
up €42,845 (+21.1%), from €203,534 to €246,379
mainly Receivables within one year (+€98,334) and Other debts (+€72,066)
- Tangible fixed assets -€40,235
down €40,235 (-16.7%), from €240,749 to €200,514
of which Furniture and vehicles: -€20,447
- Deferred charges and accrued income -€9,861
down €9,861 (-50.5%), from €19,511 to €9,650
- Stocks and contracts +€9,611
up €9,611 (+85.9%), from €11,195 to €20,806
- Other debts +€72,066
up €72,066 (+1,180%), from €6,105 to €78,171
- Reserves -€70,000
down €70,000 (-18.2%), from €384,358 to €314,358
- Debts after one year -€64,559
down €64,559 (-66.0%), from €97,745 to €33,186
- Trade debts -€24,625
down €24,625 (-38.0%), from €64,770 to €40,144
- Tax, wage and social debts -€23,570
down €23,570 (-34.6%), from €68,212 to €44,642
- Gross operating margin -€120,896
down €120,896 (-53.4%), from €226,573 to €105,677
- Taxes -€19,965
down €19,965 (-32.3%), from €61,828 to €41,863
- Financial income -€5,876
down €5,876 (-62.5%), from €9,401 to €3,525
- Depreciation -€5,577
down €5,577 (-10.1%), from €55,481 to €49,905
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 | €919,736 | €823,762 | -€95,974 | -10.4% |
| Fixed assets | 21/28 | €240,749 | €200,514 | -€40,235 | -16.7% |
| Tangible fixed assets | 22/27 | €240,749 | €200,514 | -€40,235 | -16.7% |
| Plant, machinery and equipment | 23 | €108,232 | €88,444 | -€19,788 | -18.3% |
| Furniture and vehicles | 24 | €132,516 | €112,069 | -€20,447 | -15.4% |
| Current assets | 29/58 | €678,987 | €623,248 | -€55,739 | -8.2% |
| Stocks and contracts in progress | 3 | €11,195 | €20,806 | +€9,611 | +85.9% |
| Stocks | 30/36 | €11,195 | €20,806 | +€9,611 | +85.9% |
| Amounts receivable within one year | 40/41 | €361,747 | €263,413 | -€98,334 | -27.2% |
| Trade receivables | 40 | €200,762 | €85,652 | -€115,110 | -57.3% |
| Other amounts receivable | 41 | €160,985 | €177,761 | +€16,776 | +10.4% |
| Current investments | 50/53 | €83,000 | €83,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €203,534 | €246,379 | +€42,845 | +21.1% |
| Deferred charges and accrued income | 490/1 | €19,511 | €9,650 | -€9,861 | -50.5% |
| Total equity and liabilities | 10/49 | €919,736 | €823,762 | -€95,974 | -10.4% |
| Equity | 10/15 | €629,043 | €570,463 | -€58,580 | -9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €384,358 | €314,358 | -€70,000 | -18.2% |
| Distributable reserves | 133 | €384,358 | €314,358 | -€70,000 | -18.2% |
| Profit (loss) carried forward | 14 | €226,085 | €237,505 | +€11,420 | +5.1% |
| Provisions and deferred taxes | 16 | €8,500 | €8,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €8,500 | €8,500 | = | 0.0% |
| Pensions and similar obligations | 160 | €8,500 | €8,500 | = | 0.0% |
| Amounts payable | 17/49 | €282,193 | €244,799 | -€37,394 | -13.3% |
| Amounts payable after more than one year | 17 | €97,745 | €33,186 | -€64,559 | -66.0% |
| Financial debts | 170/4 | €97,745 | €33,186 | -€64,559 | -66.0% |
| Amounts payable within one year | 42/48 | €184,448 | €211,612 | +€27,165 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €45,361 | €48,655 | +€3,293 | +7.3% |
| Trade debts | 44 | €64,770 | €40,144 | -€24,625 | -38.0% |
| Suppliers | 440/4 | €64,770 | €40,144 | -€24,625 | -38.0% |
| Taxes, remuneration and social security | 45 | €68,212 | €44,642 | -€23,570 | -34.6% |
| Taxes | 450/3 | €68,212 | €44,642 | -€23,570 | -34.6% |
| Other amounts payable | 47/48 | €6,105 | €78,171 | +€72,066 | +1,180% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,481 | €49,905 | -€5,577 | -10.1% |
| Other operating charges | 640/8 | €4,639 | €4,184 | -€454 | -9.8% |
| Gross operating margin | 9900 | €226,573 | €105,677 | -€120,896 | -53.4% |
| Operating profit (loss) | 9901 | €166,453 | €51,588 | -€114,865 | -69.0% |
| Financial income | 75/76B | €9,401 | €3,525 | -€5,876 | -62.5% |
| Recurring financial income | 75 | €9,401 | €3,525 | -€5,876 | -62.5% |
| Financial charges | 65/66B | €3,281 | €1,829 | -€1,452 | -44.2% |
| Recurring financial charges | 65 | €3,281 | €1,829 | -€1,452 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €172,573 | €53,284 | -€119,289 | -69.1% |
| Income taxes | 67/77 | €61,828 | €41,863 | -€19,965 | -32.3% |
| Profit (loss) for the period | 9904 | €110,745 | €11,420 | -€99,325 | -89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €110,745 | €11,420 | -€99,325 | -89.7% |
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 13 October 2026 via checked.be.