Gregg@work: 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.
Gregg@work
Largest movements
- Tangible fixed assets -€15,580
down €15,580 (-30.4%), from €51,227 to €35,647
of which Furniture and vehicles: -€13,789
- Cash +€14,816
up €14,816 (+21.5%), from €68,753 to €83,569
mainly Depreciation (+€16,594) and Net result for the year (+€14,800)
- Receivables within one year +€4,309
up €4,309 (+29.8%), from €14,442 to €18,751
of which Trade receivables: +€7,796
- Reserves +€14,800
up €14,800 (+19.9%), from €74,236 to €89,036
- Trade debts -€8,425
down €8,425 (-49.2%), from €17,117 to €8,692
- Debts after one year -€7,244
down €7,244 (-45.0%), from €16,103 to €8,859
- Other debts +€2,624
up €2,624 (+83.3%), from €3,150 to €5,774
- Gross operating margin +€5,716
up €5,716 (+16.0%), from €35,836 to €41,552
- Depreciation -€4,687
down €4,687 (-22.0%), from €21,281 to €16,594
- Taxes +€3,203
up €3,203 (+92.4%), from €3,467 to €6,670
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,542 | €140,275 | +€2,733 | +2.0% |
| Fixed assets | 21/28 | €51,352 | €35,866 | -€15,486 | -30.2% |
| Tangible fixed assets | 22/27 | €51,227 | €35,647 | -€15,580 | -30.4% |
| Plant, machinery and equipment | 23 | €8,129 | €6,338 | -€1,791 | -22.0% |
| Furniture and vehicles | 24 | €43,098 | €29,309 | -€13,789 | -32.0% |
| Financial fixed assets | 28 | €125 | €219 | +€94 | +75.2% |
| Current assets | 29/58 | €86,190 | €104,409 | +€18,219 | +21.1% |
| Amounts receivable within one year | 40/41 | €14,442 | €18,751 | +€4,309 | +29.8% |
| Trade receivables | 40 | €7,620 | €15,416 | +€7,796 | +102.3% |
| Other amounts receivable | 41 | €6,822 | €3,335 | -€3,487 | -51.1% |
| Cash at bank and in hand | 54/58 | €68,753 | €83,569 | +€14,816 | +21.5% |
| Deferred charges and accrued income | 490/1 | €2,995 | €2,089 | -€906 | -30.3% |
| Total equity and liabilities | 10/49 | €137,542 | €140,275 | +€2,733 | +2.0% |
| Equity | 10/15 | €94,236 | €109,036 | +€14,800 | +15.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €74,236 | €89,036 | +€14,800 | +19.9% |
| Distributable reserves | 133 | €74,236 | €89,036 | +€14,800 | +19.9% |
| Amounts payable | 17/49 | €43,306 | €31,239 | -€12,067 | -27.9% |
| Amounts payable after more than one year | 17 | €16,103 | €8,859 | -€7,244 | -45.0% |
| Financial debts | 170/4 | €16,103 | €8,859 | -€7,244 | -45.0% |
| Amounts payable within one year | 42/48 | €27,203 | €22,380 | -€4,823 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €6,936 | €7,244 | +€308 | +4.4% |
| Trade debts | 44 | €17,117 | €8,692 | -€8,425 | -49.2% |
| Suppliers | 440/4 | €17,117 | €8,692 | -€8,425 | -49.2% |
| Taxes, remuneration and social security | 45 | - | €670 | +€670 | |
| Taxes | 450/3 | - | €670 | +€670 | |
| Other amounts payable | 47/48 | €3,150 | €5,774 | +€2,624 | +83.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,281 | €16,594 | -€4,687 | -22.0% |
| Other operating charges | 640/8 | €1,346 | €1,566 | +€220 | +16.3% |
| Non-recurring operating charges | 66A | - | €601 | +€601 | |
| Gross operating margin | 9900 | €35,836 | €41,552 | +€5,716 | +16.0% |
| Operating profit (loss) | 9901 | €13,209 | €22,791 | +€9,582 | +72.5% |
| Financial income | 75/76B | €37 | €29 | -€8 | -21.6% |
| Recurring financial income | 75 | €37 | €29 | -€8 | -21.6% |
| Financial charges | 65/66B | €1,648 | €1,350 | -€298 | -18.1% |
| Recurring financial charges | 65 | €1,648 | €1,350 | -€298 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €11,598 | €21,470 | +€9,872 | +85.1% |
| Income taxes | 67/77 | €3,467 | €6,670 | +€3,203 | +92.4% |
| Profit (loss) for the period | 9904 | €8,131 | €14,800 | +€6,669 | +82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,131 | €14,800 | +€6,669 | +82.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.