GREIGHT: 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.
GREIGHT
Largest movements
- Cash -€121,623
down €121,623 (-48.5%), from €250,903 to €129,280
mainly Net result for the year (-€114,936) and Tax, wage and social debts (-€7,310)
- Receivables within one year +€5,321
up €5,321 (+18.9%), from €28,146 to €33,467
of which Trade receivables: +€9,335
- Profit (loss) carried forward -€114,936
down €114,936, from €22,740 to -€92,196
- Tax, wage and social debts -€7,310
down €7,310 (-41.1%), from €17,792 to €10,482
of which Remuneration and social security: -€8,761
- Trade debts +€4,342
up €4,342 (+49.9%), from €8,710 to €13,052
- Gross operating margin -€151,658
down €151,658 (-61.8%), from €245,256 to €93,598
- Staff costs -€30,804
down €30,804 (-13.0%), from €237,716 to €206,912
- Other operating charges -€6,903
down €6,903 (-95.8%), from €7,207 to €305
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 | €283,242 | €165,339 | -€117,903 | -41.6% |
| Fixed assets | 21/28 | €4,040 | €2,438 | -€1,601 | -39.6% |
| Tangible fixed assets | 22/27 | €4,040 | €2,438 | -€1,601 | -39.6% |
| Furniture and vehicles | 24 | €4,040 | €2,438 | -€1,601 | -39.6% |
| Current assets | 29/58 | €279,202 | €162,900 | -€116,302 | -41.7% |
| Amounts receivable within one year | 40/41 | €28,146 | €33,467 | +€5,321 | +18.9% |
| Trade receivables | 40 | €23,706 | €33,041 | +€9,335 | +39.4% |
| Other amounts receivable | 41 | €4,440 | €426 | -€4,014 | -90.4% |
| Cash at bank and in hand | 54/58 | €250,903 | €129,280 | -€121,623 | -48.5% |
| Deferred charges and accrued income | 490/1 | €154 | €154 | -€0 | -0.3% |
| Total equity and liabilities | 10/49 | €283,242 | €165,339 | -€117,903 | -41.6% |
| Equity | 10/15 | €256,740 | €141,804 | -€114,936 | -44.8% |
| Contributions | 10/11 | €234,000 | €234,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,740 | -€92,196 | -€114,936 | |
| Amounts payable | 17/49 | €26,502 | €23,534 | -€2,968 | -11.2% |
| Amounts payable within one year | 42/48 | €26,502 | €23,534 | -€2,968 | -11.2% |
| Trade debts | 44 | €8,710 | €13,052 | +€4,342 | +49.9% |
| Suppliers | 440/4 | €8,710 | €13,052 | +€4,342 | +49.9% |
| Taxes, remuneration and social security | 45 | €17,792 | €10,482 | -€7,310 | -41.1% |
| Taxes | 450/3 | €4,456 | €5,907 | +€1,451 | +32.6% |
| Remuneration and social security | 454/9 | €13,336 | €4,575 | -€8,761 | -65.7% |
| Remuneration, social security and pensions | 62 | €237,716 | €206,912 | -€30,804 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,518 | €2,617 | -€900 | -25.6% |
| Other operating charges | 640/8 | €7,207 | €305 | -€6,903 | -95.8% |
| Gross operating margin | 9900 | €245,256 | €93,598 | -€151,658 | -61.8% |
| Operating profit (loss) | 9901 | -€3,185 | -€116,235 | -€113,051 | -3549.9% |
| Financial income | 75/76B | €1,983 | €1,419 | -€564 | -28.5% |
| Recurring financial income | 75 | €1,983 | €1,419 | -€564 | -28.5% |
| Financial charges | 65/66B | €133 | €119 | -€13 | -10.1% |
| Recurring financial charges | 65 | €133 | €119 | -€13 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,334 | -€114,936 | -€113,602 | -8515.0% |
| Income taxes | 67/77 | €1,518 | - | -€1,518 | |
| Profit (loss) for the period | 9904 | -€2,852 | -€114,936 | -€112,084 | -3930.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,852 | -€114,936 | -€112,084 | -3930.0% |
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 10 October 2026 via checked.be.