GREER IMMO: 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.
GREER IMMO
Largest movements
- Cash -€42,628
down €42,628 (-37.4%), from €113,862 to €71,234
mainly Other debts (-€19,147) and Debts after one year (-€13,770)
- Receivables within one year +€13,096
new in 2025: €13,096
- Tangible fixed assets -€7,008
down €7,008 (-3.0%), from €235,936 to €228,928
- Other debts -€19,147
down €19,147 (-100.0%), from €19,147 to €0
- Debts after one year -€13,770
down €13,770 (-7.0%), from €195,778 to €182,008
- Profit (loss) carried forward -€4,711
down €4,711 (-4.0%), from €117,260 to €112,550
- Other operating charges +€3,064
up €3,064 (+134.6%), from €2,276 to €5,340
- Financial charges -€1,337
down €1,337 (-19.7%), from €6,783 to €5,446
- Gross operating margin +€484
up €484 (+3.8%), from €12,598 to €13,083
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 | €349,798 | €313,258 | -€36,540 | -10.4% |
| Fixed assets | 21/28 | €235,936 | €228,928 | -€7,008 | -3.0% |
| Tangible fixed assets | 22/27 | €235,936 | €228,928 | -€7,008 | -3.0% |
| Land and buildings | 22 | €235,936 | €228,928 | -€7,008 | -3.0% |
| Current assets | 29/58 | €113,862 | €84,330 | -€29,532 | -25.9% |
| Amounts receivable within one year | 40/41 | - | €13,096 | +€13,096 | |
| Other amounts receivable | 41 | - | €13,096 | +€13,096 | |
| Cash at bank and in hand | 54/58 | €113,862 | €71,234 | -€42,628 | -37.4% |
| Total equity and liabilities | 10/49 | €349,798 | €313,258 | -€36,540 | -10.4% |
| Equity | 10/15 | €121,010 | €116,300 | -€4,711 | -3.9% |
| Reserves | 13 | €3,750 | €3,750 | = | 0.0% |
| Distributable reserves | 133 | €3,750 | €3,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,260 | €112,550 | -€4,711 | -4.0% |
| Amounts payable | 17/49 | €228,788 | €196,958 | -€31,830 | -13.9% |
| Amounts payable after more than one year | 17 | €195,778 | €182,008 | -€13,770 | -7.0% |
| Financial debts | 170/4 | €195,778 | €182,008 | -€13,770 | -7.0% |
| Amounts payable within one year | 42/48 | €33,010 | €14,950 | -€18,059 | -54.7% |
| Current portion of amounts payable after more than one year | 42 | €13,862 | €13,770 | -€92 | -0.7% |
| Trade debts | 44 | - | €1,180 | +€1,180 | |
| Suppliers | 440/4 | - | €1,180 | +€1,180 | |
| Other amounts payable | 47/48 | €19,147 | €0 | -€19,147 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,008 | €7,008 | = | 0.0% |
| Other operating charges | 640/8 | €2,276 | €5,340 | +€3,064 | +134.6% |
| Gross operating margin | 9900 | €12,598 | €13,083 | +€484 | +3.8% |
| Operating profit (loss) | 9901 | €3,315 | €735 | -€2,580 | -77.8% |
| Financial charges | 65/66B | €6,783 | €5,446 | -€1,337 | -19.7% |
| Recurring financial charges | 65 | €6,783 | €5,446 | -€1,337 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,468 | -€4,711 | -€1,242 | -35.8% |
| Profit (loss) for the period | 9904 | -€3,468 | -€4,711 | -€1,242 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,468 | -€4,711 | -€1,242 | -35.8% |
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 9 October 2026 via checked.be.