GREJETHY: 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.
GREJETHY
Largest movements
- Cash +€4,346
new in 2025: €4,346
mainly Net result for the year (+€4,252) and Trade debts (+€1,156)
- Stocks and contracts +€376
up €376 (+1.6%), from €23,203 to €23,579
- Profit (loss) carried forward +€4,252
up €4,252 (+74.5%), from -€5,705 to -€1,453
- Trade debts +€1,156
up €1,156 (+29.4%), from €3,938 to €5,094
- Tax, wage and social debts -€675
down €675 (-6.4%), from €10,543 to €9,868
of which Taxes: -€1,932
- Gross operating margin +€13,444
up €13,444 (+82.4%), from €16,320 to €29,764
- Staff costs +€6,835
up €6,835 (+50.4%), from €13,559 to €20,394
- Other operating charges +€796
new in 2025: €796
- Taxes +€490
new in 2025: €490
- Financial charges -€420
down €420 (-9.9%), from €4,252 to €3,832
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 | €26,321 | €31,042 | +€4,721 | +17.9% |
| Fixed assets | 21/28 | €62 | €62 | = | 0.0% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €26,259 | €30,980 | +€4,721 | +18.0% |
| Stocks and contracts in progress | 3 | €23,203 | €23,579 | +€376 | +1.6% |
| Stocks | 30/36 | €23,203 | €23,579 | +€376 | +1.6% |
| Amounts receivable within one year | 40/41 | €3,056 | €3,055 | -€1 | 0.0% |
| Trade receivables | 40 | €3,056 | €3,055 | -€1 | 0.0% |
| Cash at bank and in hand | 54/58 | - | €4,346 | +€4,346 | |
| Total equity and liabilities | 10/49 | €26,321 | €31,042 | +€4,721 | +17.9% |
| Equity | 10/15 | €8,145 | €12,397 | +€4,252 | +52.2% |
| Contributions | 10/11 | €7,389 | €7,389 | = | 0.0% |
| Reserves | 13 | €6,461 | €6,461 | = | 0.0% |
| Distributable reserves | 133 | €6,461 | €6,461 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,705 | -€1,453 | +€4,252 | +74.5% |
| Amounts payable | 17/49 | €18,176 | €18,645 | +€469 | +2.6% |
| Amounts payable within one year | 42/48 | €18,176 | €18,645 | +€469 | +2.6% |
| Financial debts | 43 | €11 | - | -€11 | |
| Credit institutions | 430/8 | €11 | - | -€11 | |
| Trade debts | 44 | €3,938 | €5,094 | +€1,156 | +29.4% |
| Suppliers | 440/4 | €3,938 | €5,094 | +€1,156 | +29.4% |
| Taxes, remuneration and social security | 45 | €10,543 | €9,868 | -€675 | -6.4% |
| Taxes | 450/3 | €6,751 | €4,819 | -€1,932 | -28.6% |
| Remuneration and social security | 454/9 | €3,792 | €5,049 | +€1,257 | +33.1% |
| Other amounts payable | 47/48 | €3,684 | €3,683 | -€1 | 0.0% |
| Remuneration, social security and pensions | 62 | €13,559 | €20,394 | +€6,835 | +50.4% |
| Other operating charges | 640/8 | - | €796 | +€796 | |
| Gross operating margin | 9900 | €16,320 | €29,764 | +€13,444 | +82.4% |
| Operating profit (loss) | 9901 | €2,761 | €8,574 | +€5,813 | +210.5% |
| Financial charges | 65/66B | €4,252 | €3,832 | -€420 | -9.9% |
| Recurring financial charges | 65 | €4,252 | €3,832 | -€420 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,491 | €4,742 | +€6,233 | |
| Income taxes | 67/77 | - | €490 | +€490 | |
| Profit (loss) for the period | 9904 | -€1,491 | €4,252 | +€5,743 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,491 | €4,252 | +€5,743 |
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 2 October 2026 via checked.be.