GRELE SOLUTION: 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.
GRELE SOLUTION
Largest movements
- Receivables within one year +€4,276
new in 2025: €4,276
- Cash -€296
down €296 (-2.6%), from €11,483 to €11,187
mainly Receivables within one year (-€4,276) and Trade debts (-€1,315)
- Profit (loss) carried forward +€3,172
up €3,172 (+36.9%), from €8,593 to €11,765
- Tax, wage and social debts +€2,123
up €2,123 (+580%), from €366 to €2,489
- Trade debts -€1,315
down €1,315 (-52.1%), from €2,525 to €1,209
- Turnover +€26,572
up €26,572 (+197%), from €13,497 to €40,069
- Purchases and services +€24,103
up €24,103 (+202%), from €11,915 to €36,018
- Gross operating margin +€2,469
up €2,469 (+156%), from €1,582 to €4,050
- Taxes +€592
up €592 (+256%), from €232 to €824
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 | €11,483 | €15,463 | +€3,979 | +34.7% |
| Current assets | 29/58 | €11,483 | €15,463 | +€3,979 | +34.7% |
| Amounts receivable within one year | 40/41 | - | €4,276 | +€4,276 | |
| Trade receivables | 40 | - | €4,276 | +€4,276 | |
| Cash at bank and in hand | 54/58 | €11,483 | €11,187 | -€296 | -2.6% |
| Total equity and liabilities | 10/49 | €11,483 | €15,463 | +€3,979 | +34.7% |
| Equity | 10/15 | €8,593 | €11,765 | +€3,172 | +36.9% |
| Profit (loss) carried forward | 14 | €8,593 | €11,765 | +€3,172 | +36.9% |
| Amounts payable | 17/49 | €2,890 | €3,698 | +€808 | +27.9% |
| Amounts payable within one year | 42/48 | €2,890 | €3,698 | +€808 | +27.9% |
| Trade debts | 44 | €2,525 | €1,209 | -€1,315 | -52.1% |
| Suppliers | 440/4 | €2,525 | €1,209 | -€1,315 | -52.1% |
| Taxes, remuneration and social security | 45 | €366 | €2,489 | +€2,123 | +580% |
| Taxes | 450/3 | €366 | €2,489 | +€2,123 | +580% |
| Turnover | 70 | €13,497 | €40,069 | +€26,572 | +197% |
| Goods, raw materials, services and sundry goods | 60/61 | €11,915 | €36,018 | +€24,103 | +202% |
| Gross operating margin | 9900 | €1,582 | €4,050 | +€2,469 | +156% |
| Operating profit (loss) | 9901 | €1,582 | €4,050 | +€2,469 | +156% |
| Financial income | 75/76B | €47 | - | -€47 | |
| Recurring financial income | 75 | €47 | - | -€47 | |
| Financial charges | 65/66B | €0 | €55 | +€55 | +27,400% |
| Recurring financial charges | 65 | €0 | €55 | +€55 | +27,400% |
| Profit (loss) for the period before taxes | 9903 | €1,629 | €3,995 | +€2,366 | +145% |
| Income taxes | 67/77 | €232 | €824 | +€592 | +256% |
| Profit (loss) for the period | 9904 | €1,397 | €3,172 | +€1,774 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €1,397 | €3,172 | +€1,774 | +127% |
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 14 October 2026 via checked.be.