GREGOIRE GROUP: 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 GROUP
Largest movements
- Financial fixed assets +€4.0m
new in 2025: €4.0m
- Receivables after one year -€637,855
down €637,855 (-47.7%), from €1.3m to €700,000
- Receivables within one year +€148,305
up €148,305 (+82.9%), from €178,947 to €327,252
of which Other amounts receivable: +€175,565
- Contributions +€2.8m
up €2.8m (+13,859%), from €20,000 to €2.8m
- Profit (loss) carried forward +€1.4m
up €1.4m (+516%), from €273,314 to €1.7m
- Other debts -€871,075
down €871,075 (-73.2%), from €1.2m to €318,925
- Tax, wage and social debts +€153,604
up €153,604 (+324%), from €47,381 to €200,985
of which Taxes: +€153,995
- Financial income +€1.5m
new in 2025: €1.5m
of which Financial income: +€940,000
- Turnover -€240,000
no longer reported in 2025 (was €240,000)
- Taxes +€143,292
up €143,292 (+429%), from €33,380 to €176,672
- Purchases and services -€25,215
no longer reported in 2025 (was €25,215)
- Gross operating margin -€21,475
down €21,475 (-10.0%), from €214,785 to €193,310
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 | €1,606,077 | €5,048,150 | +€3.4m | +214% |
| Fixed assets | 21/28 | €68,474 | €4,004,990 | +€3.9m | +5,749% |
| Tangible fixed assets | 22/27 | €68,474 | €46,598 | -€21,876 | -31.9% |
| Plant, machinery and equipment | 23 | - | €5,864 | +€5,864 | |
| Furniture and vehicles | 24 | €68,474 | €40,734 | -€27,740 | -40.5% |
| Financial fixed assets | 28 | - | €3,958,392 | +€4.0m | |
| Current assets | 29/58 | €1,537,603 | €1,043,160 | -€494,443 | -32.2% |
| Amounts receivable after more than one year | 29 | €1,337,855 | €700,000 | -€637,855 | -47.7% |
| Other amounts receivable | 291 | €1,337,855 | €700,000 | -€637,855 | -47.7% |
| Amounts receivable within one year | 40/41 | €178,947 | €327,252 | +€148,305 | +82.9% |
| Trade receivables | 40 | €27,260 | - | -€27,260 | |
| Other amounts receivable | 41 | €151,687 | €327,252 | +€175,565 | +116% |
| Cash at bank and in hand | 54/58 | €18,066 | €13,227 | -€4,839 | -26.8% |
| Deferred charges and accrued income | 490/1 | €2,735 | €2,681 | -€54 | -2.0% |
| Total equity and liabilities | 10/49 | €1,606,077 | €5,048,150 | +€3.4m | +214% |
| Equity | 10/15 | €293,314 | €4,476,713 | +€4.2m | +1,426% |
| Contributions | 10/11 | €20,000 | €2,791,854 | +€2.8m | +13,859% |
| Profit (loss) carried forward | 14 | €273,314 | €1,684,858 | +€1.4m | +516% |
| Amounts payable | 17/49 | €1,312,763 | €571,437 | -€741,326 | -56.5% |
| Amounts payable after more than one year | 17 | €31,151 | €7,831 | -€23,321 | -74.9% |
| Financial debts | 170/4 | €31,151 | €7,831 | -€23,321 | -74.9% |
| Amounts payable within one year | 42/48 | €1,279,487 | €563,606 | -€715,881 | -56.0% |
| Current portion of amounts payable after more than one year | 42 | €24,976 | €25,253 | +€276 | +1.1% |
| Trade debts | 44 | €17,130 | €18,443 | +€1,314 | +7.7% |
| Suppliers | 440/4 | €17,130 | €18,443 | +€1,314 | +7.7% |
| Taxes, remuneration and social security | 45 | €47,381 | €200,985 | +€153,604 | +324% |
| Taxes | 450/3 | €41,196 | €195,190 | +€153,995 | +374% |
| Remuneration and social security | 454/9 | €6,186 | €5,795 | -€391 | -6.3% |
| Other amounts payable | 47/48 | €1,190,000 | €318,925 | -€871,075 | -73.2% |
| Accrued charges and deferred income | 492/3 | €2,124 | - | -€2,124 | |
| Turnover | 70 | €240,000 | - | -€240,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €25,215 | - | -€25,215 | |
| Remuneration, social security and pensions | 62 | €60,057 | €40,740 | -€19,318 | -32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,740 | €28,086 | +€346 | +1.2% |
| Other operating charges | 640/8 | €431 | €544 | +€113 | +26.2% |
| Gross operating margin | 9900 | €214,785 | €193,310 | -€21,475 | -10.0% |
| Operating profit (loss) | 9901 | €126,556 | €123,939 | -€2,617 | -2.1% |
| Financial income | 75/76B | - | €1,465,000 | +€1.5m | |
| Recurring financial income | 75 | - | €940,000 | +€940,000 | |
| Non-recurring financial income | 76B | - | €525,000 | +€525,000 | |
| Financial charges | 65/66B | €1,480 | €723 | -€757 | -51.1% |
| Recurring financial charges | 65 | €1,480 | €723 | -€757 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | €125,076 | €1,588,217 | +€1.5m | +1,170% |
| Income taxes | 67/77 | €33,380 | €176,672 | +€143,292 | +429% |
| Profit (loss) for the period | 9904 | €91,697 | €1,411,545 | +€1.3m | +1,439% |
| Profit (loss) for the period to be appropriated | 9905 | €91,697 | €1,411,545 | +€1.3m | +1,439% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.