DE GRYZE JAN: 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 GRYZE JAN
Largest movements
- Cash -€47,499
down €47,499 (-37.6%), from €126,288 to €78,788
mainly Contributions, distributions and other (-€197,116) and Debts after one year (-€63,433)
- Intangible fixed assets -€39,500
down €39,500 (-13.9%), from €285,098 to €245,598
- Deferred charges and accrued income +€11,611
up €11,611 (+36.4%), from €31,880 to €43,491
- Tangible fixed assets -€6,737
down €6,737 (-26.6%), from €25,338 to €18,602
of which Furniture and vehicles: -€4,673
- Reserves -€126,103
down €126,103 (-86.3%), from €146,103 to €20,000
- Other debts +€125,336
up €125,336, from €0 to €125,336
- Debts after one year -€63,433
down €63,433 (-34.7%), from €182,671 to €119,238
- Tax, wage and social debts -€16,005
down €16,005 (-29.5%), from €54,331 to €38,326
of which Taxes: -€17,417
- Gross operating margin +€39,814
up €39,814 (+11.6%), from €343,180 to €382,995
- Staff costs +€36,983
up €36,983 (+18.7%), from €197,360 to €234,343
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €468,603 | €386,479 | -€82,124 | -17.5% |
| Fixed assets | 21/28 | €310,436 | €264,199 | -€46,237 | -14.9% |
| Intangible fixed assets | 21 | €285,098 | €245,598 | -€39,500 | -13.9% |
| Tangible fixed assets | 22/27 | €25,338 | €18,602 | -€6,737 | -26.6% |
| Plant, machinery and equipment | 23 | €363 | €0 | -€363 | -100% |
| Furniture and vehicles | 24 | €14,429 | €9,755 | -€4,673 | -32.4% |
| Other tangible fixed assets | 26 | €10,547 | €8,846 | -€1,700 | -16.1% |
| Current assets | 29/58 | €158,167 | €122,280 | -€35,888 | -22.7% |
| Cash at bank and in hand | 54/58 | €126,288 | €78,788 | -€47,499 | -37.6% |
| Deferred charges and accrued income | 490/1 | €31,880 | €43,491 | +€11,611 | +36.4% |
| Total equity and liabilities | 10/49 | €468,603 | €386,479 | -€82,124 | -17.5% |
| Equity | 10/15 | €151,103 | €25,000 | -€126,103 | -83.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €146,103 | €20,000 | -€126,103 | -86.3% |
| Distributable reserves | 133 | €146,103 | €20,000 | -€126,103 | -86.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €317,500 | €361,479 | +€43,978 | +13.9% |
| Amounts payable after more than one year | 17 | €182,671 | €119,238 | -€63,433 | -34.7% |
| Financial debts | 170/4 | €182,671 | €119,238 | -€63,433 | -34.7% |
| Amounts payable within one year | 42/48 | €134,830 | €242,241 | +€107,411 | +79.7% |
| Current portion of amounts payable after more than one year | 42 | €63,449 | €63,923 | +€474 | +0.7% |
| Trade debts | 44 | €17,050 | €14,655 | -€2,395 | -14.0% |
| Suppliers | 440/4 | €17,050 | €14,655 | -€2,395 | -14.0% |
| Taxes, remuneration and social security | 45 | €54,331 | €38,326 | -€16,005 | -29.5% |
| Taxes | 450/3 | €21,179 | €3,762 | -€17,417 | -82.2% |
| Remuneration and social security | 454/9 | €33,152 | €34,564 | +€1,412 | +4.3% |
| Other amounts payable | 47/48 | €0 | €125,336 | +€125,336 | |
| Remuneration, social security and pensions | 62 | €197,360 | €234,343 | +€36,983 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,294 | €48,395 | -€1,899 | -3.8% |
| Other operating charges | 640/8 | €1,875 | €1,988 | +€112 | +6.0% |
| Gross operating margin | 9900 | €343,180 | €382,995 | +€39,814 | +11.6% |
| Operating profit (loss) | 9901 | €93,651 | €98,269 | +€4,618 | +4.9% |
| Financial charges | 65/66B | €5,483 | €3,494 | -€1,989 | -36.3% |
| Recurring financial charges | 65 | €5,483 | €3,494 | -€1,989 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €88,168 | €94,775 | +€6,607 | +7.5% |
| Income taxes | 67/77 | €21,179 | €23,762 | +€2,583 | +12.2% |
| Profit (loss) for the period | 9904 | €66,990 | €71,014 | +€4,024 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,990 | €71,014 | +€4,024 | +6.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.