GREG CONSTRUCT: what changed
Two fiscal 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.
GREG CONSTRUCT
Largest movements
- Tangible fixed assets +€78,623
up €78,623 (+1001.1%), from €7,854 to €86,477
of which Furniture and vehicles: +€77,408
- Cash -€58,596
down €58,596 (-88.5%), from €66,189 to €7,593
mainly Investment in fixed assets (net) (-€99,235) and Other debts (-€4,664)
- Receivables within one year -€3,470
down €3,470 (-7.1%), from €48,669 to €45,199
of which Trade receivables: -€4,508
- Debts after one year +€14,644
up €14,644 (+28.9%), from €50,640 to €65,284
- Current portion of long-term debt +€7,865
up €7,865 (+68.3%), from €11,522 to €19,387
- Other debts -€4,664
no longer reported in 2025 (was €4,664)
- Profit (loss) carried forward -€2,328
down €2,328 (-8.2%), from €28,259 to €25,931
- Depreciation +€17,430
up €17,430 (+547.7%), from €3,182 to €20,612
- Gross operating margin +€11,871
up €11,871 (+85.7%), from €13,853 to €25,724
- Financial charges +€3,347
up €3,347 (+565.8%), from €592 to €3,939
- Taxes -€759
down €759 (-28.1%), from €2,703 to €1,944
- Other operating charges +€411
up €411 (+35.7%), from €1,153 to €1,564
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 | €123,571 | €141,376 | +€17,805 | +14.4% |
| Fixed assets | 21/28 | €7,854 | €86,477 | +€78,623 | +1001.1% |
| Tangible fixed assets | 22/27 | €7,854 | €86,477 | +€78,623 | +1001.1% |
| Plant, machinery and equipment | 23 | €2,075 | €3,290 | +€1,215 | +58.6% |
| Furniture and vehicles | 24 | €5,779 | €83,187 | +€77,408 | +1339.5% |
| Current assets | 29/58 | €115,717 | €54,899 | -€60,818 | -52.6% |
| Amounts receivable within one year | 40/41 | €48,669 | €45,199 | -€3,470 | -7.1% |
| Trade receivables | 40 | €45,272 | €40,764 | -€4,508 | -10.0% |
| Other amounts receivable | 41 | €3,398 | €4,435 | +€1,037 | +30.5% |
| Cash at bank and in hand | 54/58 | €66,189 | €7,593 | -€58,596 | -88.5% |
| Deferred charges and accrued income | 490/1 | €859 | €2,107 | +€1,248 | +145.2% |
| Total equity and liabilities | 10/49 | €123,571 | €141,376 | +€17,805 | +14.4% |
| Equity | 10/15 | €33,759 | €31,431 | -€2,328 | -6.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | - | €5,000 | +€5,000 | |
| Other | 1109/19 | - | €5,000 | +€5,000 | |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,259 | €25,931 | -€2,328 | -8.2% |
| Amounts payable | 17/49 | €89,812 | €109,945 | +€20,133 | +22.4% |
| Amounts payable after more than one year | 17 | €50,640 | €65,284 | +€14,644 | +28.9% |
| Financial debts | 170/4 | €50,640 | €65,284 | +€14,644 | +28.9% |
| Amounts payable within one year | 42/48 | €39,172 | €44,416 | +€5,244 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €11,522 | €19,387 | +€7,865 | +68.3% |
| Trade debts | 44 | €15,670 | €16,369 | +€699 | +4.5% |
| Suppliers | 440/4 | €15,670 | €16,369 | +€699 | +4.5% |
| Taxes, remuneration and social security | 45 | €7,317 | €8,660 | +€1,343 | +18.4% |
| Taxes | 450/3 | €5,317 | €3,391 | -€1,926 | -36.2% |
| Remuneration and social security | 454/9 | €2,000 | €5,269 | +€3,269 | +163.5% |
| Other amounts payable | 47/48 | €4,664 | - | -€4,664 | |
| Accrued charges and deferred income | 492/3 | - | €245 | +€245 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,182 | €20,612 | +€17,430 | +547.7% |
| Other operating charges | 640/8 | €1,153 | €1,564 | +€411 | +35.7% |
| Gross operating margin | 9900 | €13,853 | €25,724 | +€11,871 | +85.7% |
| Operating profit (loss) | 9901 | €9,518 | €3,548 | -€5,970 | -62.7% |
| Financial income | 75/76B | €3 | €7 | +€4 | +132.6% |
| Recurring financial income | 75 | €3 | €7 | +€4 | +132.6% |
| Financial charges | 65/66B | €592 | €3,939 | +€3,347 | +565.8% |
| Recurring financial charges | 65 | €592 | €3,939 | +€3,347 | +565.8% |
| Profit (loss) for the period before taxes | 9903 | €8,930 | -€384 | -€9,314 | |
| Income taxes | 67/77 | €2,703 | €1,944 | -€759 | -28.1% |
| Profit (loss) for the period | 9904 | €6,226 | -€2,328 | -€8,554 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,226 | -€2,328 | -€8,554 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.