DE GRYSE: what changed
Two fiscal 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 GRYSE
Largest movements
- Cash -€7,296
down €7,296 (-1.5%), from €493,643 to €486,348
mainly Contributions, distributions and other (-€183,200) and Trade debts (-€31,458)
- Receivables within one year -€6,658
down €6,658 (-12.6%), from €52,975 to €46,317
of which Other amounts receivable: -€4,820
- Tax, wage and social debts +€33,878
up €33,878 (+688.6%), from €4,920 to €38,798
of which Taxes: +€33,878
- Trade debts -€31,458
down €31,458 (-72.2%), from €43,554 to €12,095
- Reserves -€22,639
down €22,639 (-4.4%), from €512,378 to €489,739
- Gross operating margin +€122,358
up €122,358 (+107.6%), from €113,706 to €236,064
- Taxes +€42,101
up €42,101 (+109.1%), from €38,579 to €80,680
- Financial income +€7,102
up €7,102 (+216.7%), from €3,278 to €10,380
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.
Cash bridge derived
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 | €572,464 | €559,368 | -€13,097 | -2.3% |
| Fixed assets | 21/28 | €1,849 | €5,132 | +€3,283 | +177.5% |
| Tangible fixed assets | 22/27 | €1,849 | €5,132 | +€3,283 | +177.5% |
| Plant, machinery and equipment | 23 | - | €1,986 | +€1,986 | |
| Furniture and vehicles | 24 | €1,849 | €3,145 | +€1,296 | +70.1% |
| Current assets | 29/58 | €570,615 | €554,236 | -€16,379 | -2.9% |
| Stocks and contracts in progress | 3 | €21,615 | €20,703 | -€912 | -4.2% |
| Stocks | 30/36 | €21,615 | €20,703 | -€912 | -4.2% |
| Amounts receivable within one year | 40/41 | €52,975 | €46,317 | -€6,658 | -12.6% |
| Trade receivables | 40 | €34,344 | €32,507 | -€1,837 | -5.3% |
| Other amounts receivable | 41 | €18,631 | €13,810 | -€4,820 | -25.9% |
| Cash at bank and in hand | 54/58 | €493,643 | €486,348 | -€7,296 | -1.5% |
| Deferred charges and accrued income | 490/1 | €2,382 | €868 | -€1,514 | -63.6% |
| Total equity and liabilities | 10/49 | €572,464 | €559,368 | -€13,097 | -2.3% |
| Equity | 10/15 | €518,578 | €495,939 | -€22,639 | -4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €512,378 | €489,739 | -€22,639 | -4.4% |
| Distributable reserves | 133 | €512,378 | €489,739 | -€22,639 | -4.4% |
| Amounts payable | 17/49 | €53,887 | €63,429 | +€9,542 | +17.7% |
| Amounts payable within one year | 42/48 | €53,860 | €63,429 | +€9,569 | +17.8% |
| Trade debts | 44 | €43,554 | €12,095 | -€31,458 | -72.2% |
| Suppliers | 440/4 | €43,554 | €12,095 | -€31,458 | -72.2% |
| Advances received on contracts in progress | 46 | - | €1,539 | +€1,539 | |
| Taxes, remuneration and social security | 45 | €4,920 | €38,798 | +€33,878 | +688.6% |
| Taxes | 450/3 | €1,920 | €35,798 | +€33,878 | +1764.5% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €5,386 | €10,996 | +€5,610 | +104.2% |
| Accrued charges and deferred income | 492/3 | €27 | - | -€27 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,443 | €1,553 | +€110 | +7.6% |
| Other operating charges | 640/8 | €2,599 | €3,523 | +€924 | +35.5% |
| Gross operating margin | 9900 | €113,706 | €236,064 | +€122,358 | +107.6% |
| Operating profit (loss) | 9901 | €109,664 | €230,988 | +€121,324 | +110.6% |
| Financial income | 75/76B | €3,278 | €10,380 | +€7,102 | +216.7% |
| Recurring financial income | 75 | €3,278 | €10,380 | +€7,102 | +216.7% |
| Financial charges | 65/66B | €584 | €127 | -€457 | -78.3% |
| Recurring financial charges | 65 | €584 | €127 | -€457 | -78.3% |
| Profit (loss) for the period before taxes | 9903 | €112,357 | €241,241 | +€128,884 | +114.7% |
| Income taxes | 67/77 | €38,579 | €80,680 | +€42,101 | +109.1% |
| Profit (loss) for the period | 9904 | €73,778 | €160,561 | +€86,783 | +117.6% |
| Profit (loss) for the period to be appropriated | 9905 | €73,778 | €160,561 | +€86,783 | +117.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.