GRbeton: 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.
GRbeton
Largest movements
- Tangible fixed assets +€43,402
up €43,402 (+1,786%), from €2,431 to €45,833
of which Leasing and similar rights: +€39,189
- Cash -€20,731
down €20,731 (-78.4%), from €26,430 to €5,699
mainly Contributions, distributions and other (-€50,000) and Investment in fixed assets (net) (-€45,735)
- Receivables after one year -€14,000
no longer reported in 2025 (was €14,000)
- Receivables within one year -€4,510
down €4,510 (-14.1%), from €32,027 to €27,517
of which Other amounts receivable: -€17,600
- Deferred charges and accrued income +€1,519
up €1,519 (+124%), from €1,224 to €2,744
- Reserves -€33,277
down €33,277 (-47.7%), from €69,800 to €36,523
- Debts after one year +€31,389
new in 2025: €31,389
- Current portion of long-term debt +€7,518
new in 2025: €7,518
- Other debts +€1,993
new in 2025: €1,993
- Tax, wage and social debts -€1,209
down €1,209 (-44.6%), from €2,709 to €1,500
- Gross operating margin -€10,691
down €10,691 (-29.7%), from €35,973 to €25,282
- Taxes -€2,763
down €2,763 (-34.7%), from €7,959 to €5,196
- Depreciation +€1,166
up €1,166 (+99.9%), from €1,167 to €2,333
- Financial income -€715
down €715 (-75.2%), from €950 to €235
- Other operating charges +€499
up €499 (+102%), from €487 to €986
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 | €76,112 | €81,792 | +€5,680 | +7.5% |
| Fixed assets | 21/28 | €2,431 | €45,833 | +€43,402 | +1,786% |
| Tangible fixed assets | 22/27 | €2,431 | €45,833 | +€43,402 | +1,786% |
| Plant, machinery and equipment | 23 | €2,431 | €1,264 | -€1,167 | -48.0% |
| Furniture and vehicles | 24 | - | €5,380 | +€5,380 | |
| Leasing and similar rights | 25 | - | €39,189 | +€39,189 | |
| Current assets | 29/58 | €73,682 | €35,959 | -€37,722 | -51.2% |
| Amounts receivable after more than one year | 29 | €14,000 | - | -€14,000 | |
| Other amounts receivable | 291 | €14,000 | - | -€14,000 | |
| Amounts receivable within one year | 40/41 | €32,027 | €27,517 | -€4,510 | -14.1% |
| Trade receivables | 40 | €9,905 | €22,995 | +€13,090 | +132% |
| Other amounts receivable | 41 | €22,122 | €4,522 | -€17,600 | -79.6% |
| Cash at bank and in hand | 54/58 | €26,430 | €5,699 | -€20,731 | -78.4% |
| Deferred charges and accrued income | 490/1 | €1,224 | €2,744 | +€1,519 | +124% |
| Total equity and liabilities | 10/49 | €76,112 | €81,792 | +€5,680 | +7.5% |
| Equity | 10/15 | €70,838 | €37,523 | -€33,315 | -47.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €69,800 | €36,523 | -€33,277 | -47.7% |
| Distributable reserves | 133 | €69,800 | €36,523 | -€33,277 | -47.7% |
| Profit (loss) carried forward | 14 | €38 | - | -€38 | |
| Amounts payable | 17/49 | €5,274 | €44,269 | +€38,995 | +739% |
| Amounts payable after more than one year | 17 | - | €31,389 | +€31,389 | |
| Financial debts | 170/4 | - | €31,389 | +€31,389 | |
| Amounts payable within one year | 42/48 | €5,274 | €12,880 | +€7,606 | +144% |
| Current portion of amounts payable after more than one year | 42 | - | €7,518 | +€7,518 | |
| Trade debts | 44 | €2,565 | €1,869 | -€696 | -27.2% |
| Suppliers | 440/4 | €2,565 | €1,869 | -€696 | -27.2% |
| Taxes, remuneration and social security | 45 | €2,709 | €1,500 | -€1,209 | -44.6% |
| Taxes | 450/3 | €2,709 | €1,500 | -€1,209 | -44.6% |
| Other amounts payable | 47/48 | - | €1,993 | +€1,993 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,167 | €2,333 | +€1,166 | +99.9% |
| Other operating charges | 640/8 | €487 | €986 | +€499 | +102% |
| Gross operating margin | 9900 | €35,973 | €25,282 | -€10,691 | -29.7% |
| Operating profit (loss) | 9901 | €34,319 | €21,963 | -€12,356 | -36.0% |
| Financial income | 75/76B | €950 | €235 | -€715 | -75.2% |
| Recurring financial income | 75 | €950 | €235 | -€715 | -75.2% |
| Financial charges | 65/66B | €40 | €317 | +€278 | +699% |
| Recurring financial charges | 65 | €40 | €317 | +€278 | +699% |
| Profit (loss) for the period before taxes | 9903 | €35,229 | €21,881 | -€13,348 | -37.9% |
| Income taxes | 67/77 | €7,959 | €5,196 | -€2,763 | -34.7% |
| Profit (loss) for the period | 9904 | €27,270 | €16,685 | -€10,585 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,270 | €16,685 | -€10,585 | -38.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.