GREMAR GROUP: 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.
GREMAR GROUP
Largest movements
- Receivables within one year +€40,086
up €40,086 (+554%), from €7,233 to €47,319
of which Other amounts receivable: +€31,589
- Stocks and contracts +€28,037
up €28,037 (+256%), from €10,956 to €38,993
- Tangible fixed assets -€6,598
down €6,598 (-69.8%), from €9,456 to €2,858
- Intangible fixed assets -€1,730
down €1,730 (-100%), from €1,730 to €0
- Profit (loss) carried forward +€73,202
up €73,202, from -€19,539 to €53,663
- Other debts -€15,550
no longer reported in 2024 (was €15,550)
- Trade debts +€6,281
up €6,281 (+1,025%), from €613 to €6,894
- Debts after one year -€5,163
no longer reported in 2024 (was €5,163)
- Gross operating margin +€59,637
up €59,637 (+261%), from €22,866 to €82,503
- Depreciation -€1,257
down €1,257 (-13.1%), from €9,585 to €8,328
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,613 | €89,171 | +€59,558 | +201% |
| Fixed assets | 21/28 | €11,186 | €2,858 | -€8,328 | -74.4% |
| Intangible fixed assets | 21 | €1,730 | €0 | -€1,730 | -100% |
| Tangible fixed assets | 22/27 | €9,456 | €2,858 | -€6,598 | -69.8% |
| Land and buildings | 22 | €9,456 | €2,858 | -€6,598 | -69.8% |
| Current assets | 29/58 | €18,427 | €86,313 | +€67,886 | +368% |
| Stocks and contracts in progress | 3 | €10,956 | €38,993 | +€28,037 | +256% |
| Stocks | 30/36 | €10,956 | €38,993 | +€28,037 | +256% |
| Amounts receivable within one year | 40/41 | €7,233 | €47,319 | +€40,086 | +554% |
| Trade receivables | 40 | €7,233 | €15,731 | +€8,498 | +117% |
| Other amounts receivable | 41 | - | €31,589 | +€31,589 | |
| Cash at bank and in hand | 54/58 | €237 | - | -€237 | |
| Total equity and liabilities | 10/49 | €29,613 | €89,171 | +€59,558 | +201% |
| Equity | 10/15 | €912 | €74,114 | +€73,202 | +8,027% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,539 | €53,663 | +€73,202 | |
| Amounts payable | 17/49 | €28,701 | €15,057 | -€13,644 | -47.5% |
| Amounts payable after more than one year | 17 | €5,163 | - | -€5,163 | |
| Financial debts | 170/4 | €5,163 | - | -€5,163 | |
| Amounts payable within one year | 42/48 | €23,537 | €15,057 | -€8,480 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €5,605 | €5,456 | -€150 | -2.7% |
| Financial debts | 43 | - | €431 | +€431 | |
| Credit institutions | 430/8 | - | €431 | +€431 | |
| Trade debts | 44 | €613 | €6,894 | +€6,281 | +1,025% |
| Suppliers | 440/4 | €613 | €6,894 | +€6,281 | +1,025% |
| Taxes, remuneration and social security | 45 | €1,770 | €2,276 | +€507 | +28.6% |
| Taxes | 450/3 | €1,770 | €2,276 | +€507 | +28.6% |
| Other amounts payable | 47/48 | €15,550 | - | -€15,550 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,585 | €8,328 | -€1,257 | -13.1% |
| Other operating charges | 640/8 | €829 | €928 | +€98 | +11.9% |
| Gross operating margin | 9900 | €22,866 | €82,503 | +€59,637 | +261% |
| Operating profit (loss) | 9901 | €12,452 | €73,248 | +€60,796 | +488% |
| Financial charges | 65/66B | €425 | €46 | -€379 | -89.2% |
| Recurring financial charges | 65 | €425 | €46 | -€379 | -89.2% |
| Profit (loss) for the period before taxes | 9903 | €12,027 | €73,202 | +€61,175 | +509% |
| Profit (loss) for the period | 9904 | €12,027 | €73,202 | +€61,175 | +509% |
| Profit (loss) for the period to be appropriated | 9905 | €12,027 | €73,202 | +€61,175 | +509% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.