Greber: 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.
Greber
Largest movements
- Tangible fixed assets -€10,670
down €10,670 (-30.1%), from €35,439 to €24,769
of which Furniture and vehicles: -€9,882
- Current investments -€9,696
down €9,696 (-17.6%), from €55,161 to €45,465
- Cash +€4,685
up €4,685 (+100.0%), from €4,686 to €9,370
mainly Depreciation (+€10,670) and Current investments (+€9,696)
- Deferred charges and accrued income +€4,241
up €4,241 (+27.7%), from €15,336 to €19,576
- Receivables within one year +€1,326
up €1,326 (+7.6%), from €17,533 to €18,859
of which Other amounts receivable: +€1,535
- Reserves -€9,281
down €9,281 (-14.4%), from €64,338 to €55,057
- Debts after one year -€8,162
down €8,162 (-38.7%), from €21,097 to €12,935
- Tax, wage and social debts +€5,803
up €5,803 (+77.1%), from €7,528 to €13,331
of which Remuneration and social security: +€7,030
- Other debts +€3,498
up €3,498 (+393.0%), from €890 to €4,388
- Trade debts -€2,391
down €2,391 (-99.0%), from €2,416 to €25
- Gross operating margin -€7,207
down €7,207 (-8.2%), from €87,695 to €80,488
- Taxes -€1,969
down €1,969 (-57.7%), from €3,414 to €1,445
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 | €128,154 | €118,039 | -€10,115 | -7.9% |
| Fixed assets | 21/28 | €35,439 | €24,769 | -€10,670 | -30.1% |
| Tangible fixed assets | 22/27 | €35,439 | €24,769 | -€10,670 | -30.1% |
| Land and buildings | 22 | €1,677 | €889 | -€788 | -47.0% |
| Furniture and vehicles | 24 | €33,761 | €23,879 | -€9,882 | -29.3% |
| Current assets | 29/58 | €92,715 | €93,270 | +€555 | +0.6% |
| Amounts receivable within one year | 40/41 | €17,533 | €18,859 | +€1,326 | +7.6% |
| Trade receivables | 40 | €13,014 | €12,804 | -€210 | -1.6% |
| Other amounts receivable | 41 | €4,520 | €6,055 | +€1,535 | +34.0% |
| Current investments | 50/53 | €55,161 | €45,465 | -€9,696 | -17.6% |
| Cash at bank and in hand | 54/58 | €4,686 | €9,370 | +€4,685 | +100.0% |
| Deferred charges and accrued income | 490/1 | €15,336 | €19,576 | +€4,241 | +27.7% |
| Total equity and liabilities | 10/49 | €128,154 | €118,039 | -€10,115 | -7.9% |
| Equity | 10/15 | €88,412 | €79,199 | -€9,213 | -10.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €64,338 | €55,057 | -€9,281 | -14.4% |
| Distributable reserves | 133 | €64,338 | €55,057 | -€9,281 | -14.4% |
| Profit (loss) carried forward | 14 | €17,874 | €17,941 | +€67 | +0.4% |
| Amounts payable | 17/49 | €39,742 | €38,840 | -€902 | -2.3% |
| Amounts payable after more than one year | 17 | €21,097 | €12,935 | -€8,162 | -38.7% |
| Financial debts | 170/4 | €21,097 | €12,935 | -€8,162 | -38.7% |
| Amounts payable within one year | 42/48 | €18,645 | €25,905 | +€7,260 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €7,811 | €8,162 | +€351 | +4.5% |
| Trade debts | 44 | €2,416 | €25 | -€2,391 | -99.0% |
| Suppliers | 440/4 | €2,416 | €25 | -€2,391 | -99.0% |
| Taxes, remuneration and social security | 45 | €7,528 | €13,331 | +€5,803 | +77.1% |
| Taxes | 450/3 | €6,429 | €5,201 | -€1,228 | -19.1% |
| Remuneration and social security | 454/9 | €1,099 | €8,129 | +€7,030 | +639.8% |
| Other amounts payable | 47/48 | €890 | €4,388 | +€3,498 | +393.0% |
| Remuneration, social security and pensions | 62 | €67,599 | €67,103 | -€496 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,670 | €10,670 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €87,695 | €80,488 | -€7,207 | -8.2% |
| Operating profit (loss) | 9901 | €9,308 | €2,595 | -€6,712 | -72.1% |
| Financial income | 75/76B | €152 | €304 | +€152 | +100.0% |
| Recurring financial income | 75 | €152 | €304 | +€152 | +100.0% |
| Financial charges | 65/66B | €1,705 | €1,387 | -€317 | -18.6% |
| Recurring financial charges | 65 | €1,705 | €1,387 | -€317 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €7,755 | €1,512 | -€6,243 | -80.5% |
| Income taxes | 67/77 | €3,414 | €1,445 | -€1,969 | -57.7% |
| Profit (loss) for the period | 9904 | €4,341 | €67 | -€4,273 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,341 | €67 | -€4,273 | -98.5% |
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 10 October 2026 via checked.be.