GregField: 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.
GregField
Largest movements
- Receivables within one year +€46,371
up €46,371 (+37.3%), from €124,413 to €170,784
of which Trade receivables: +€46,333
- Tangible fixed assets +€10,097
up €10,097 (+5.6%), from €178,929 to €189,026
of which Land and buildings: +€7,379
- Cash -€6,204
down €6,204 (-11.4%), from €54,423 to €48,219
mainly Contributions, distributions and other (-€72,686) and Receivables within one year (-€46,371)
- Reserves +€41,809
up €41,809 (+10.4%), from €402,999 to €444,808
of which Distributable reserves: +€41,809
- Tax, wage and social debts +€10,554
up €10,554 (+26.2%), from €40,287 to €50,842
- Gross operating margin +€40,184
up €40,184 (+31.0%), from €129,593 to €169,777
- Taxes +€12,591
up €12,591 (+34.5%), from €36,480 to €49,071
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 | €493,765 | €545,806 | +€52,041 | +10.5% |
| Fixed assets | 21/28 | €178,929 | €189,026 | +€10,097 | +5.6% |
| Tangible fixed assets | 22/27 | €178,929 | €189,026 | +€10,097 | +5.6% |
| Land and buildings | 22 | €158,760 | €166,139 | +€7,379 | +4.6% |
| Plant, machinery and equipment | 23 | €3,029 | €5,187 | +€2,158 | +71.2% |
| Furniture and vehicles | 24 | €6,020 | €4,227 | -€1,793 | -29.8% |
| Other tangible fixed assets | 26 | €11,119 | €13,473 | +€2,353 | +21.2% |
| Current assets | 29/58 | €314,836 | €356,780 | +€41,944 | +13.3% |
| Amounts receivable after more than one year | 29 | €136,000 | €136,000 | = | 0.0% |
| Other amounts receivable | 291 | €136,000 | €136,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €124,413 | €170,784 | +€46,371 | +37.3% |
| Trade receivables | 40 | €124,413 | €170,746 | +€46,333 | +37.2% |
| Other amounts receivable | 41 | - | €38 | +€38 | |
| Cash at bank and in hand | 54/58 | €54,423 | €48,219 | -€6,204 | -11.4% |
| Deferred charges and accrued income | 490/1 | - | €1,777 | +€1,777 | |
| Total equity and liabilities | 10/49 | €493,765 | €545,806 | +€52,041 | +10.5% |
| Equity | 10/15 | €413,453 | €455,262 | +€41,809 | +10.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €402,999 | €444,808 | +€41,809 | +10.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €401,139 | €442,948 | +€41,809 | +10.4% |
| Profit (loss) carried forward | 14 | €4,254 | €4,254 | = | 0.0% |
| Amounts payable | 17/49 | €80,313 | €90,545 | +€10,232 | +12.7% |
| Amounts payable within one year | 42/48 | €80,313 | €90,545 | +€10,232 | +12.7% |
| Trade debts | 44 | €2,166 | €5,672 | +€3,506 | +161.8% |
| Suppliers | 440/4 | €2,166 | €5,672 | +€3,506 | +161.8% |
| Taxes, remuneration and social security | 45 | €40,287 | €50,842 | +€10,554 | +26.2% |
| Taxes | 450/3 | €40,287 | €50,842 | +€10,554 | +26.2% |
| Other amounts payable | 47/48 | €37,859 | €34,031 | -€3,828 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,226 | €4,603 | +€377 | +8.9% |
| Other operating charges | 640/8 | €1,029 | €2,256 | +€1,226 | +119.1% |
| Gross operating margin | 9900 | €129,593 | €169,777 | +€40,184 | +31.0% |
| Operating profit (loss) | 9901 | €124,338 | €162,919 | +€38,581 | +31.0% |
| Financial income | 75/76B | €1,344 | €1,567 | +€223 | +16.6% |
| Recurring financial income | 75 | €1,344 | €1,567 | +€223 | +16.6% |
| Financial charges | 65/66B | €1,009 | €919 | -€90 | -8.9% |
| Recurring financial charges | 65 | €1,009 | €919 | -€90 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €124,673 | €163,567 | +€38,894 | +31.2% |
| Income taxes | 67/77 | €36,480 | €49,071 | +€12,591 | +34.5% |
| Profit (loss) for the period | 9904 | €88,193 | €114,496 | +€26,303 | +29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €88,193 | €114,496 | +€26,303 | +29.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.