Gregtechnics: 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.
Gregtechnics
Largest movements
- Cash +€29,692
up €29,692 (+23,755%), from €125 to €29,817
mainly Net result for the year (+€22,767) and Receivables within one year (+€11,082)
- Receivables within one year -€11,082
down €11,082 (-27.6%), from €40,190 to €29,108
of which Trade receivables: -€17,437
- Tangible fixed assets -€5,358
down €5,358 (-8.1%), from €66,561 to €61,202
of which Land and buildings: -€4,021
- Stocks and contracts -€4,535
down €4,535 (-11.9%), from €38,089 to €33,554
- Intangible fixed assets -€3,500
down €3,500 (-25.4%), from €13,789 to €10,289
- Reserves +€22,767
up €22,767 (+31.2%), from €73,053 to €95,820
- Debts after one year -€8,000
down €8,000 (-21.1%), from €38,000 to €30,000
- Current portion of long-term debt -€6,888
down €6,888 (-36.4%), from €18,907 to €12,019
- Tax, wage and social debts -€5,087
no longer reported in 2025 (was €5,087)
- Other debts +€2,942
up €2,942 (+46.8%), from €6,285 to €9,227
- Gross operating margin -€23,345
down €23,345 (-35.6%), from €65,659 to €42,314
- Taxes -€4,664
down €4,664 (-40.4%), from €11,541 to €6,877
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 | €161,213 | €166,437 | +€5,225 | +3.2% |
| Fixed assets | 21/28 | €80,350 | €71,491 | -€8,858 | -11.0% |
| Intangible fixed assets | 21 | €13,789 | €10,289 | -€3,500 | -25.4% |
| Tangible fixed assets | 22/27 | €66,561 | €61,202 | -€5,358 | -8.1% |
| Land and buildings | 22 | €53,340 | €49,319 | -€4,021 | -7.5% |
| Plant, machinery and equipment | 23 | €1,221 | €1,652 | +€431 | +35.3% |
| Furniture and vehicles | 24 | €12,000 | €10,231 | -€1,769 | -14.7% |
| Current assets | 29/58 | €80,863 | €94,946 | +€14,083 | +17.4% |
| Stocks and contracts in progress | 3 | €38,089 | €33,554 | -€4,535 | -11.9% |
| Stocks | 30/36 | €38,089 | €33,554 | -€4,535 | -11.9% |
| Amounts receivable within one year | 40/41 | €40,190 | €29,108 | -€11,082 | -27.6% |
| Trade receivables | 40 | €32,619 | €15,182 | -€17,437 | -53.5% |
| Other amounts receivable | 41 | €7,571 | €13,926 | +€6,355 | +83.9% |
| Cash at bank and in hand | 54/58 | €125 | €29,817 | +€29,692 | +23,755% |
| Deferred charges and accrued income | 490/1 | €2,459 | €2,467 | +€8 | +0.3% |
| Total equity and liabilities | 10/49 | €161,213 | €166,437 | +€5,225 | +3.2% |
| Equity | 10/15 | €91,653 | €114,420 | +€22,767 | +24.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,053 | €95,820 | +€22,767 | +31.2% |
| Distributable reserves | 133 | €73,053 | €95,820 | +€22,767 | +31.2% |
| Amounts payable | 17/49 | €69,560 | €52,018 | -€17,542 | -25.2% |
| Amounts payable after more than one year | 17 | €38,000 | €30,000 | -€8,000 | -21.1% |
| Financial debts | 170/4 | €38,000 | €30,000 | -€8,000 | -21.1% |
| Amounts payable within one year | 42/48 | €31,560 | €21,768 | -€9,792 | -31.0% |
| Current portion of amounts payable after more than one year | 42 | €18,907 | €12,019 | -€6,888 | -36.4% |
| Trade debts | 44 | €1,281 | €522 | -€759 | -59.3% |
| Suppliers | 440/4 | €1,281 | €522 | -€759 | -59.3% |
| Taxes, remuneration and social security | 45 | €5,087 | - | -€5,087 | |
| Taxes | 450/3 | €5,087 | - | -€5,087 | |
| Other amounts payable | 47/48 | €6,285 | €9,227 | +€2,942 | +46.8% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,454 | €9,973 | -€481 | -4.6% |
| Other operating charges | 640/8 | €2,331 | €2,372 | +€41 | +1.8% |
| Gross operating margin | 9900 | €65,659 | €42,314 | -€23,345 | -35.6% |
| Operating profit (loss) | 9901 | €52,874 | €29,969 | -€22,905 | -43.3% |
| Financial income | 75/76B | €2,431 | €2,047 | -€385 | -15.8% |
| Recurring financial income | 75 | €2,431 | €2,047 | -€385 | -15.8% |
| Financial charges | 65/66B | €2,520 | €2,372 | -€148 | -5.9% |
| Recurring financial charges | 65 | €2,520 | €2,372 | -€148 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €52,785 | €29,644 | -€23,141 | -43.8% |
| Income taxes | 67/77 | €11,541 | €6,877 | -€4,664 | -40.4% |
| Profit (loss) for the period | 9904 | €41,244 | €22,767 | -€18,477 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,244 | €22,767 | -€18,477 | -44.8% |
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 13 October 2026 via checked.be.