GREGOIRE & Co: 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.
GREGOIRE & Co
Largest movements
- Financial fixed assets -€250,000
down €250,000 (-98.8%), from €253,000 to €3,000
- Receivables within one year +€31,774
up €31,774 (+49.5%), from €64,142 to €95,916
of which Other amounts receivable: +€30,616
- Cash +€22,311
up €22,311 (+106%), from €21,117 to €43,428
mainly Investment in fixed assets (net) (+€237,841) and Depreciation (+€19,936)
- Tangible fixed assets -€7,777
down €7,777 (-2.6%), from €300,133 to €292,356
of which Land and buildings: -€7,439
- Profit (loss) carried forward -€123,078
down €123,078, from €82,010 to -€41,067
- Debts after one year -€40,415
down €40,415 (-9.0%), from €450,805 to €410,390
- Tax, wage and social debts -€28,209
down €28,209 (-57.5%), from €49,038 to €20,830
of which Taxes: -€23,558
- Other debts -€10,821
down €10,821 (-82.6%), from €13,107 to €2,286
- Financial charges +€238,770
up €238,770 (+1,408%), from €16,960 to €255,730
of which Non-recurring financial charges: +€239,625
- Gross operating margin +€35,457
up €35,457 (+22.8%), from €155,755 to €191,212
- Taxes -€18,686
down €18,686 (-99.3%), from €18,819 to €133
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.
Derived cash bridge
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 | €640,468 | €436,280 | -€204,188 | -31.9% |
| Fixed assets | 21/28 | €553,133 | €295,356 | -€257,777 | -46.6% |
| Tangible fixed assets | 22/27 | €300,133 | €292,356 | -€7,777 | -2.6% |
| Land and buildings | 22 | €207,477 | €200,038 | -€7,439 | -3.6% |
| Plant, machinery and equipment | 23 | - | €2,753 | +€2,753 | |
| Other tangible fixed assets | 26 | €92,656 | €89,564 | -€3,092 | -3.3% |
| Financial fixed assets | 28 | €253,000 | €3,000 | -€250,000 | -98.8% |
| Current assets | 29/58 | €87,335 | €140,924 | +€53,589 | +61.4% |
| Amounts receivable within one year | 40/41 | €64,142 | €95,916 | +€31,774 | +49.5% |
| Trade receivables | 40 | €21,635 | €22,793 | +€1,158 | +5.4% |
| Other amounts receivable | 41 | €42,507 | €73,123 | +€30,616 | +72.0% |
| Cash at bank and in hand | 54/58 | €21,117 | €43,428 | +€22,311 | +106% |
| Deferred charges and accrued income | 490/1 | €2,076 | €1,580 | -€496 | -23.9% |
| Total equity and liabilities | 10/49 | €640,468 | €436,280 | -€204,188 | -31.9% |
| Equity | 10/15 | €84,510 | -€38,567 | -€123,078 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,010 | -€41,067 | -€123,078 | |
| Amounts payable | 17/49 | €555,957 | €474,847 | -€81,110 | -14.6% |
| Amounts payable after more than one year | 17 | €450,805 | €410,390 | -€40,415 | -9.0% |
| Financial debts | 170/4 | €450,805 | €410,390 | -€40,415 | -9.0% |
| Amounts payable within one year | 42/48 | €102,991 | €64,457 | -€38,534 | -37.4% |
| Current portion of amounts payable after more than one year | 42 | €39,559 | €40,415 | +€856 | +2.2% |
| Trade debts | 44 | €1,287 | €926 | -€361 | -28.0% |
| Suppliers | 440/4 | €1,287 | €926 | -€361 | -28.0% |
| Taxes, remuneration and social security | 45 | €49,038 | €20,830 | -€28,209 | -57.5% |
| Taxes | 450/3 | €39,553 | €15,995 | -€23,558 | -59.6% |
| Remuneration and social security | 454/9 | €9,486 | €4,835 | -€4,651 | -49.0% |
| Other amounts payable | 47/48 | €13,107 | €2,286 | -€10,821 | -82.6% |
| Accrued charges and deferred income | 492/3 | €2,161 | - | -€2,161 | |
| Remuneration, social security and pensions | 62 | €37,335 | €38,361 | +€1,026 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,256 | €19,936 | +€680 | +3.5% |
| Other operating charges | 640/8 | €3,077 | €3,061 | -€16 | -0.5% |
| Gross operating margin | 9900 | €155,755 | €191,212 | +€35,457 | +22.8% |
| Operating profit (loss) | 9901 | €96,087 | €129,854 | +€33,767 | +35.1% |
| Financial income | 75/76B | €3,327 | €2,932 | -€395 | -11.9% |
| Recurring financial income | 75 | €3,327 | €2,932 | -€395 | -11.9% |
| Financial charges | 65/66B | €16,960 | €255,730 | +€238,770 | +1,408% |
| Recurring financial charges | 65 | €16,960 | €16,105 | -€855 | -5.0% |
| Non-recurring financial charges | 66B | - | €239,625 | +€239,625 | |
| Profit (loss) for the period before taxes | 9903 | €82,453 | -€122,945 | -€205,398 | |
| Income taxes | 67/77 | €18,819 | €133 | -€18,686 | -99.3% |
| Profit (loss) for the period | 9904 | €63,634 | -€123,078 | -€186,712 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,634 | -€123,078 | -€186,712 |
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 24 October 2026 via checked.be.