De Greef Consulting: 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 Consulting
Largest movements
- Receivables within one year -€36,743
down €36,743 (-64.4%), from €57,019 to €20,276
of which Trade receivables: -€41,371
- Deferred charges and accrued income +€28,829
up €28,829 (+610%), from €4,725 to €33,554
- Current investments +€17,953
up €17,953 (+15.0%), from €120,000 to €137,953
- Tangible fixed assets -€14,759
down €14,759 (-50.5%), from €29,237 to €14,478
- Cash +€6,266
up €6,266 (+23.1%), from €27,172 to €33,439
mainly Receivables within one year (+€36,743) and Depreciation (+€14,759)
- Reserves +€5,600
up €5,600 (+2.7%), from €208,295 to €213,895
- Tax, wage and social debts -€3,881
down €3,881 (-59.4%), from €6,538 to €2,657
- Gross operating margin -€61,019
down €61,019, from €45,400 to -€15,620
- Financial income +€36,958
new in 2025: €36,958
of which Non-recurring financial income: +€19,000
- Taxes -€7,647
down €7,647 (-96.3%), from €7,940 to €293
- Depreciation -€1,152
down €1,152 (-7.2%), from €15,911 to €14,759
- Financial charges +€671
up €671, from -€181 to €491
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 | €238,154 | €239,700 | +€1,546 | +0.6% |
| Fixed assets | 21/28 | €29,237 | €14,478 | -€14,759 | -50.5% |
| Tangible fixed assets | 22/27 | €29,237 | €14,478 | -€14,759 | -50.5% |
| Furniture and vehicles | 24 | €29,237 | €14,478 | -€14,759 | -50.5% |
| Current assets | 29/58 | €208,917 | €225,222 | +€16,306 | +7.8% |
| Amounts receivable within one year | 40/41 | €57,019 | €20,276 | -€36,743 | -64.4% |
| Trade receivables | 40 | €57,000 | €15,629 | -€41,371 | -72.6% |
| Other amounts receivable | 41 | €19 | €4,647 | +€4,628 | +24,244% |
| Current investments | 50/53 | €120,000 | €137,953 | +€17,953 | +15.0% |
| Cash at bank and in hand | 54/58 | €27,172 | €33,439 | +€6,266 | +23.1% |
| Deferred charges and accrued income | 490/1 | €4,725 | €33,554 | +€28,829 | +610% |
| Total equity and liabilities | 10/49 | €238,154 | €239,700 | +€1,546 | +0.6% |
| Equity | 10/15 | €226,895 | €232,495 | +€5,600 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €208,295 | €213,895 | +€5,600 | +2.7% |
| Distributable reserves | 133 | €208,295 | €213,895 | +€5,600 | +2.7% |
| Amounts payable | 17/49 | €11,259 | €7,205 | -€4,054 | -36.0% |
| Amounts payable within one year | 42/48 | €11,259 | €7,205 | -€4,054 | -36.0% |
| Financial debts | 43 | €517 | €455 | -€62 | -12.0% |
| Credit institutions | 430/8 | €517 | - | -€517 | |
| Other loans | 439 | - | €455 | +€455 | |
| Trade debts | 44 | €3,147 | €3,236 | +€89 | +2.8% |
| Suppliers | 440/4 | €3,147 | €3,236 | +€89 | +2.8% |
| Taxes, remuneration and social security | 45 | €6,538 | €2,657 | -€3,881 | -59.4% |
| Taxes | 450/3 | €6,538 | €2,657 | -€3,881 | -59.4% |
| Other amounts payable | 47/48 | €1,057 | €857 | -€200 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,911 | €14,759 | -€1,152 | -7.2% |
| Other operating charges | 640/8 | €643 | €195 | -€448 | -69.7% |
| Gross operating margin | 9900 | €45,400 | -€15,620 | -€61,019 | |
| Operating profit (loss) | 9901 | €28,845 | -€30,574 | -€59,419 | |
| Financial income | 75/76B | - | €36,958 | +€36,958 | |
| Recurring financial income | 75 | - | €17,958 | +€17,958 | |
| Non-recurring financial income | 76B | - | €19,000 | +€19,000 | |
| Financial charges | 65/66B | -€181 | €491 | +€671 | |
| Recurring financial charges | 65 | -€181 | €491 | +€671 | |
| Profit (loss) for the period before taxes | 9903 | €29,026 | €5,893 | -€23,133 | -79.7% |
| Income taxes | 67/77 | €7,940 | €293 | -€7,647 | -96.3% |
| Profit (loss) for the period | 9904 | €21,086 | €5,600 | -€15,486 | -73.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,086 | €5,600 | -€15,486 | -73.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.