GREGOS COMMUNICATION: 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.
GREGOS COMMUNICATION
Largest movements
- Cash -€8,588
down €8,588 (-8.6%), from €100,098 to €91,510
mainly Other debts (-€10,592) and Investment in fixed assets (net) (-€5,849)
- Receivables within one year +€4,747
up €4,747 (+8.2%), from €57,971 to €62,718
of which Trade receivables: +€11,944
- Other debts -€10,592
down €10,592 (-10.9%), from €97,018 to €86,425
- Reserves +€8,279
up €8,279 (+33.1%), from €25,033 to €33,312
- Gross operating margin -€13,437
down €13,437 (-34.8%), from €38,667 to €25,230
- Taxes -€4,296
down €4,296 (-37.0%), from €11,616 to €7,320
- Financial charges -€506
down €506 (-15.4%), from €3,292 to €2,786
- Depreciation +€483
up €483 (+11.3%), from €4,260 to €4,744
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 | €179,724 | €176,992 | -€2,731 | -1.5% |
| Fixed assets | 21/28 | €21,441 | €22,545 | +€1,105 | +5.2% |
| Tangible fixed assets | 22/27 | €19,641 | €20,745 | +€1,105 | +5.6% |
| Plant, machinery and equipment | 23 | €17,653 | €14,056 | -€3,597 | -20.4% |
| Furniture and vehicles | 24 | €1,988 | €6,689 | +€4,702 | +236.5% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €158,283 | €154,447 | -€3,836 | -2.4% |
| Amounts receivable within one year | 40/41 | €57,971 | €62,718 | +€4,747 | +8.2% |
| Trade receivables | 40 | €44,276 | €56,220 | +€11,944 | +27.0% |
| Other amounts receivable | 41 | €13,695 | €6,498 | -€7,197 | -52.5% |
| Cash at bank and in hand | 54/58 | €100,098 | €91,510 | -€8,588 | -8.6% |
| Deferred charges and accrued income | 490/1 | €214 | €219 | +€4 | +2.0% |
| Total equity and liabilities | 10/49 | €179,724 | €176,992 | -€2,731 | -1.5% |
| Equity | 10/15 | €43,633 | €51,912 | +€8,279 | +19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,033 | €33,312 | +€8,279 | +33.1% |
| Distributable reserves | 133 | €25,033 | €33,312 | +€8,279 | +33.1% |
| Amounts payable | 17/49 | €136,090 | €125,080 | -€11,010 | -8.1% |
| Amounts payable within one year | 42/48 | €136,090 | €125,080 | -€11,010 | -8.1% |
| Trade debts | 44 | €27,748 | €29,098 | +€1,350 | +4.9% |
| Suppliers | 440/4 | €27,748 | €29,098 | +€1,350 | +4.9% |
| Taxes, remuneration and social security | 45 | €11,325 | €9,557 | -€1,767 | -15.6% |
| Taxes | 450/3 | €11,325 | €9,557 | -€1,767 | -15.6% |
| Other amounts payable | 47/48 | €97,018 | €86,425 | -€10,592 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,260 | €4,744 | +€483 | +11.3% |
| Other operating charges | 640/8 | €807 | €831 | +€24 | +3.0% |
| Non-recurring operating charges | 66A | €1,017 | €459 | -€558 | -54.8% |
| Gross operating margin | 9900 | €38,667 | €25,230 | -€13,437 | -34.8% |
| Operating profit (loss) | 9901 | €32,583 | €19,196 | -€13,387 | -41.1% |
| Financial income | 75/76B | €22 | €22 | +€0 | +0.1% |
| Recurring financial income | 75 | €22 | €22 | +€0 | +0.1% |
| Financial charges | 65/66B | €3,292 | €2,786 | -€506 | -15.4% |
| Recurring financial charges | 65 | €3,292 | €2,786 | -€506 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €29,313 | €16,432 | -€12,881 | -43.9% |
| Income taxes | 67/77 | €11,616 | €7,320 | -€4,296 | -37.0% |
| Profit (loss) for the period | 9904 | €17,697 | €9,112 | -€8,585 | -48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,697 | €9,112 | -€8,585 | -48.5% |
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 5 October 2026 via checked.be.