GREGOV: 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.
GREGOV
Largest movements
- Cash +€3,904
up €3,904 (+2.8%), from €141,810 to €145,714
mainly Other debts (+€60,753) and Net result for the year (+€45,057)
- Receivables within one year -€3,083
down €3,083 (-21.8%), from €14,120 to €11,037
of which Trade receivables: -€9,109
- Other debts +€60,753
up €60,753 (+134.8%), from €45,054 to €105,807
- Reserves -€60,750
down €60,750 (-61.1%), from €99,366 to €38,616
No income-statement line moved by more than 1% of the activity.
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 | €156,019 | €156,750 | +€732 | +0.5% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €156,019 | €156,750 | +€732 | +0.5% |
| Amounts receivable within one year | 40/41 | €14,120 | €11,037 | -€3,083 | -21.8% |
| Trade receivables | 40 | €9,109 | - | -€9,109 | |
| Other amounts receivable | 41 | €5,011 | €11,037 | +€6,026 | +120.3% |
| Cash at bank and in hand | 54/58 | €141,810 | €145,714 | +€3,904 | +2.8% |
| Deferred charges and accrued income | 490/1 | €89 | - | -€89 | |
| Total equity and liabilities | 10/49 | €156,019 | €156,750 | +€732 | +0.5% |
| Equity | 10/15 | €103,366 | €42,616 | -€60,750 | -58.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €99,366 | €38,616 | -€60,750 | -61.1% |
| Distributable reserves | 133 | €99,366 | €38,616 | -€60,750 | -61.1% |
| Amounts payable | 17/49 | €52,652 | €114,134 | +€61,482 | +116.8% |
| Amounts payable within one year | 42/48 | €52,652 | €114,134 | +€61,482 | +116.8% |
| Trade debts | 44 | €2,294 | €2,747 | +€453 | +19.7% |
| Suppliers | 440/4 | €2,294 | €2,747 | +€453 | +19.7% |
| Taxes, remuneration and social security | 45 | €5,304 | €5,580 | +€276 | +5.2% |
| Taxes | 450/3 | €5,304 | €5,580 | +€276 | +5.2% |
| Other amounts payable | 47/48 | €45,054 | €105,807 | +€60,753 | +134.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €56,681 | €56,677 | -€3 | 0.0% |
| Operating profit (loss) | 9901 | €56,293 | €56,277 | -€16 | 0.0% |
| Financial income | 75/76B | €114 | €117 | +€3 | +2.7% |
| Recurring financial income | 75 | €114 | €117 | +€3 | +2.7% |
| Financial charges | 65/66B | €89 | €73 | -€16 | -18.2% |
| Recurring financial charges | 65 | €89 | €73 | -€16 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €56,318 | €56,321 | +€4 | 0.0% |
| Income taxes | 67/77 | €11,264 | €11,264 | +€1 | 0.0% |
| Profit (loss) for the period | 9904 | €45,054 | €45,057 | +€3 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,054 | €45,057 | +€3 | 0.0% |
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 4 October 2026 via checked.be.