GREEVIE: 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.
GREEVIE
Largest movements
- Tangible fixed assets -€40,851
down €40,851 (-11.7%), from €349,722 to €308,871
of which Furniture and vehicles: -€23,989
- Cash -€5,738
down €5,738 (-54.2%), from €10,581 to €4,843
mainly Debts after one year (-€17,738) and Net result for the year (-€13,539)
- Debts after one year -€17,738
down €17,738 (-7.3%), from €242,946 to €225,208
- Profit (loss) carried forward -€10,441
down €10,441 (-54.3%), from -€19,218 to -€29,658
- Trade debts -€6,535
down €6,535 (-66.0%), from €9,908 to €3,373
- Other debts -€5,307
down €5,307 (-13.8%), from €38,574 to €33,267
- Tax, wage and social debts -€4,950
down €4,950 (-58.2%), from €8,508 to €3,558
- Gross operating margin -€13,327
down €13,327 (-21.5%), from €62,082 to €48,756
- Depreciation +€5,039
up €5,039 (+13.7%), from €36,911 to €41,950
- Taxes -€1,271
down €1,271 (-72.1%), from €1,763 to €492
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 | €362,870 | €316,329 | -€46,541 | -12.8% |
| Fixed assets | 21/28 | €349,722 | €308,871 | -€40,851 | -11.7% |
| Tangible fixed assets | 22/27 | €349,722 | €308,871 | -€40,851 | -11.7% |
| Land and buildings | 22 | €244,867 | €228,818 | -€16,049 | -6.6% |
| Plant, machinery and equipment | 23 | €4,546 | €3,732 | -€813 | -17.9% |
| Furniture and vehicles | 24 | €100,310 | €76,321 | -€23,989 | -23.9% |
| Current assets | 29/58 | €13,148 | €7,459 | -€5,690 | -43.3% |
| Amounts receivable within one year | 40/41 | €1 | €1 | = | 0.0% |
| Other amounts receivable | 41 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,581 | €4,843 | -€5,738 | -54.2% |
| Deferred charges and accrued income | 490/1 | €2,567 | €2,615 | +€48 | +1.9% |
| Total equity and liabilities | 10/49 | €362,870 | €316,329 | -€46,541 | -12.8% |
| Equity | 10/15 | €45,881 | €32,342 | -€13,539 | -29.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,099 | - | -€3,099 | |
| Distributable reserves | 133 | €3,099 | - | -€3,099 | |
| Profit (loss) carried forward | 14 | -€19,218 | -€29,658 | -€10,441 | -54.3% |
| Amounts payable | 17/49 | €316,989 | €283,988 | -€33,001 | -10.4% |
| Amounts payable after more than one year | 17 | €242,946 | €225,208 | -€17,738 | -7.3% |
| Financial debts | 170/4 | €242,946 | €225,208 | -€17,738 | -7.3% |
| Amounts payable within one year | 42/48 | €74,043 | €57,936 | -€16,107 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €17,053 | €17,738 | +€685 | +4.0% |
| Trade debts | 44 | €9,908 | €3,373 | -€6,535 | -66.0% |
| Suppliers | 440/4 | €9,908 | €3,373 | -€6,535 | -66.0% |
| Taxes, remuneration and social security | 45 | €8,508 | €3,558 | -€4,950 | -58.2% |
| Taxes | 450/3 | €8,508 | €3,558 | -€4,950 | -58.2% |
| Other amounts payable | 47/48 | €38,574 | €33,267 | -€5,307 | -13.8% |
| Accrued charges and deferred income | 492/3 | - | €844 | +€844 | |
| Non-recurring operating income | 76A | €7,167 | - | -€7,167 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,911 | €41,950 | +€5,039 | +13.7% |
| Other operating charges | 640/8 | €6,637 | €6,357 | -€280 | -4.2% |
| Gross operating margin | 9900 | €62,082 | €48,756 | -€13,327 | -21.5% |
| Operating profit (loss) | 9901 | €18,534 | €449 | -€18,086 | -97.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €13,276 | €13,496 | +€219 | +1.7% |
| Recurring financial charges | 65 | €13,276 | €13,496 | +€219 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €5,258 | -€13,047 | -€18,305 | |
| Income taxes | 67/77 | €1,763 | €492 | -€1,271 | -72.1% |
| Profit (loss) for the period | 9904 | €3,495 | -€13,539 | -€17,034 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,495 | -€13,539 | -€17,034 |
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 11 October 2026 via checked.be.