Earl Grey Estates: 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.
Earl Grey Estates
Largest movements
- Receivables within one year -€33,434
no longer reported in 2025 (was €33,434)
- Tangible fixed assets -€26,763
down €26,763 (-7.1%), from €377,446 to €350,682
of which Land and buildings: -€26,343
- Cash +€8,592
up €8,592 (+196%), from €4,375 to €12,967
mainly Receivables within one year (+€33,434) and Depreciation (+€26,763)
- Debts after one year -€48,710
down €48,710 (-24.0%), from €203,234 to €154,523
- Other debts -€10,929
down €10,929 (-23.9%), from €45,675 to €34,746
- Advances received +€4,502
new in 2025: €4,502
- Gross operating margin -€29,907
down €29,907 (-42.2%), from €70,848 to €40,941
- Taxes -€7,328
down €7,328 (-81.8%), from €8,961 to €1,634
- Depreciation -€3,163
down €3,163 (-10.6%), from €29,927 to €26,763
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 | €415,255 | €363,650 | -€51,605 | -12.4% |
| Fixed assets | 21/28 | €377,446 | €350,682 | -€26,763 | -7.1% |
| Tangible fixed assets | 22/27 | €377,446 | €350,682 | -€26,763 | -7.1% |
| Land and buildings | 22 | €376,574 | €350,231 | -€26,343 | -7.0% |
| Plant, machinery and equipment | 23 | €394 | €365 | -€30 | -7.5% |
| Furniture and vehicles | 24 | €477 | €86 | -€391 | -81.9% |
| Current assets | 29/58 | €37,809 | €12,967 | -€24,842 | -65.7% |
| Amounts receivable within one year | 40/41 | €33,434 | - | -€33,434 | |
| Trade receivables | 40 | €33,434 | - | -€33,434 | |
| Cash at bank and in hand | 54/58 | €4,375 | €12,967 | +€8,592 | +196% |
| Total equity and liabilities | 10/49 | €415,255 | €363,650 | -€51,605 | -12.4% |
| Equity | 10/15 | €103,508 | €107,433 | +€3,925 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,908 | €88,833 | +€3,925 | +4.6% |
| Amounts payable | 17/49 | €311,746 | €256,217 | -€55,530 | -17.8% |
| Amounts payable after more than one year | 17 | €203,234 | €154,523 | -€48,710 | -24.0% |
| Financial debts | 170/4 | €203,234 | €154,523 | -€48,710 | -24.0% |
| Amounts payable within one year | 42/48 | €108,513 | €101,694 | -€6,819 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €48,700 | €48,710 | +€11 | 0.0% |
| Trade debts | 44 | €1,799 | €1,892 | +€93 | +5.2% |
| Suppliers | 440/4 | €1,799 | €1,892 | +€93 | +5.2% |
| Advances received on contracts in progress | 46 | - | €4,502 | +€4,502 | |
| Taxes, remuneration and social security | 45 | €12,339 | €11,843 | -€496 | -4.0% |
| Taxes | 450/3 | €12,339 | €11,843 | -€496 | -4.0% |
| Other amounts payable | 47/48 | €45,675 | €34,746 | -€10,929 | -23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,927 | €26,763 | -€3,163 | -10.6% |
| Other operating charges | 640/8 | €2,405 | €2,255 | -€150 | -6.2% |
| Gross operating margin | 9900 | €70,848 | €40,941 | -€29,907 | -42.2% |
| Operating profit (loss) | 9901 | €38,517 | €11,923 | -€26,594 | -69.0% |
| Financial income | 75/76B | €8 | €23 | +€15 | +205% |
| Recurring financial income | 75 | €8 | €23 | +€15 | +205% |
| Financial charges | 65/66B | €6,885 | €6,387 | -€498 | -7.2% |
| Recurring financial charges | 65 | €6,885 | €6,387 | -€498 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €31,640 | €5,558 | -€26,081 | -82.4% |
| Income taxes | 67/77 | €8,961 | €1,634 | -€7,328 | -81.8% |
| Profit (loss) for the period | 9904 | €22,678 | €3,925 | -€18,754 | -82.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,678 | €3,925 | -€18,754 | -82.7% |
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 19 October 2026 via checked.be.