DE GREEF & C°: 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.
DE GREEF & C°
Largest movements
- Cash +€116,828
up €116,828 (+52.9%), from €220,992 to €337,821
mainly Net result for the year (+€119,386) and Other debts (+€34,174)
- Receivables within one year +€12,408
up €12,408 (+83.1%), from €14,934 to €27,342
of which Trade receivables: +€12,218
- Tangible fixed assets -€4,889
down €4,889 (-15.3%), from €31,990 to €27,101
- Reserves +€71,836
up €71,836 (+41.0%), from €175,275 to €247,111
- Other debts +€34,174
up €34,174 (+83.8%), from €40,775 to €74,948
- Tax, wage and social debts +€16,283
up €16,283 (+94.3%), from €17,262 to €33,545
of which Taxes: +€16,113
- Gross operating margin +€80,246
up €80,246 (+80.9%), from €99,162 to €179,408
- Taxes +€25,892
up €25,892 (+85.4%), from €30,319 to €56,211
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 | €271,360 | €392,837 | +€121,477 | +44.8% |
| Fixed assets | 21/28 | €32,052 | €27,163 | -€4,889 | -15.3% |
| Tangible fixed assets | 22/27 | €31,990 | €27,101 | -€4,889 | -15.3% |
| Plant, machinery and equipment | 23 | €9,498 | €7,347 | -€2,151 | -22.6% |
| Furniture and vehicles | 24 | €11,695 | €10,114 | -€1,581 | -13.5% |
| Other tangible fixed assets | 26 | €10,796 | €9,639 | -€1,157 | -10.7% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €239,308 | €365,675 | +€126,367 | +52.8% |
| Stocks and contracts in progress | 3 | €2,749 | €205 | -€2,544 | -92.5% |
| Stocks | 30/36 | €2,749 | €205 | -€2,544 | -92.5% |
| Amounts receivable within one year | 40/41 | €14,934 | €27,342 | +€12,408 | +83.1% |
| Trade receivables | 40 | €14,893 | €27,111 | +€12,218 | +82.0% |
| Other amounts receivable | 41 | €41 | €231 | +€190 | +459% |
| Cash at bank and in hand | 54/58 | €220,992 | €337,821 | +€116,828 | +52.9% |
| Deferred charges and accrued income | 490/1 | €632 | €307 | -€325 | -51.4% |
| Total equity and liabilities | 10/49 | €271,360 | €392,837 | +€121,477 | +44.8% |
| Equity | 10/15 | €211,264 | €283,101 | +€71,836 | +34.0% |
| Contributions | 10/11 | €27,268 | €27,268 | = | 0.0% |
| Reserves | 13 | €175,275 | €247,111 | +€71,836 | +41.0% |
| Distributable reserves | 133 | €175,275 | €247,111 | +€71,836 | +41.0% |
| Profit (loss) carried forward | 14 | €8,721 | €8,721 | = | 0.0% |
| Amounts payable | 17/49 | €60,095 | €109,737 | +€49,641 | +82.6% |
| Amounts payable within one year | 42/48 | €60,095 | €109,737 | +€49,641 | +82.6% |
| Trade debts | 44 | €2,058 | €1,243 | -€815 | -39.6% |
| Suppliers | 440/4 | €2,058 | €1,243 | -€815 | -39.6% |
| Taxes, remuneration and social security | 45 | €17,262 | €33,545 | +€16,283 | +94.3% |
| Taxes | 450/3 | €15,437 | €31,550 | +€16,113 | +104% |
| Remuneration and social security | 454/9 | €1,826 | €1,995 | +€170 | +9.3% |
| Other amounts payable | 47/48 | €40,775 | €74,948 | +€34,174 | +83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,936 | €4,889 | +€953 | +24.2% |
| Other operating charges | 640/8 | €872 | €949 | +€77 | +8.8% |
| Gross operating margin | 9900 | €99,162 | €179,408 | +€80,246 | +80.9% |
| Operating profit (loss) | 9901 | €94,353 | €173,570 | +€79,216 | +84.0% |
| Financial income | 75/76B | €2,629 | €3,452 | +€823 | +31.3% |
| Recurring financial income | 75 | €2,629 | €3,452 | +€823 | +31.3% |
| Financial charges | 65/66B | €1,415 | €1,424 | +€9 | +0.7% |
| Recurring financial charges | 65 | €1,415 | €1,424 | +€9 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €95,567 | €175,597 | +€80,030 | +83.7% |
| Income taxes | 67/77 | €30,319 | €56,211 | +€25,892 | +85.4% |
| Profit (loss) for the period | 9904 | €65,248 | €119,386 | +€54,138 | +83.0% |
| Profit (loss) for the period to be appropriated | 9905 | €65,248 | €119,386 | +€54,138 | +83.0% |
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 24 October 2026 via checked.be.