GREPAR: 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.
GREPAR
Largest movements
- Deferred charges and accrued income -€730,000
no longer reported in 2025 (was €730,000)
- Current investments +€709,000
new in 2025: €709,000
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€730,000
no longer reported in 2025 (was €730,000)
- Other operating charges +€1,408
up €1,408 (+184.8%), from €762 to €2,170
- Financial charges -€348
down €348 (-92.1%), from €378 to €30
- Gross operating margin -€297
down €297 (-9.0%), from -€3,309 to -€3,606
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 | €3,166,744 | €3,160,938 | -€5,806 | -0.2% |
| Fixed assets | 21/28 | €2,417,768 | €2,417,768 | = | 0.0% |
| Financial fixed assets | 28 | €2,417,768 | €2,417,768 | = | 0.0% |
| Current assets | 29/58 | €748,976 | €743,170 | -€5,806 | -0.8% |
| Current investments | 50/53 | - | €709,000 | +€709,000 | |
| Cash at bank and in hand | 54/58 | €18,976 | €34,170 | +€15,194 | +80.1% |
| Deferred charges and accrued income | 490/1 | €730,000 | - | -€730,000 | |
| Total equity and liabilities | 10/49 | €3,166,744 | €3,160,938 | -€5,806 | -0.2% |
| Equity | 10/15 | €3,166,744 | €3,160,938 | -€5,806 | -0.2% |
| Contributions | 10/11 | €1,400,000 | €1,400,000 | = | 0.0% |
| Capital | 10 | €1,400,000 | €1,400,000 | = | 0.0% |
| Issued capital | 100 | €1,400,000 | €1,400,000 | = | 0.0% |
| Reserves | 13 | €1,040,000 | €1,040,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €140,000 | €849,000 | +€709,000 | +506.4% |
| Legal reserve | 130 | €140,000 | €140,000 | = | 0.0% |
| Own shares acquired | 1312 | - | €709,000 | +€709,000 | |
| Distributable reserves | 133 | €900,000 | €191,000 | -€709,000 | -78.8% |
| Profit (loss) carried forward | 14 | €726,744 | €720,938 | -€5,806 | -0.8% |
| Other operating charges | 640/8 | €762 | €2,170 | +€1,408 | +184.8% |
| Gross operating margin | 9900 | -€3,309 | -€3,606 | -€297 | -9.0% |
| Operating profit (loss) | 9901 | -€4,071 | -€5,776 | -€1,705 | -41.9% |
| Financial income | 75/76B | €730,000 | - | -€730,000 | |
| Recurring financial income | 75 | €730,000 | - | -€730,000 | |
| Financial charges | 65/66B | €378 | €30 | -€348 | -92.1% |
| Recurring financial charges | 65 | €378 | €30 | -€348 | -92.1% |
| Profit (loss) for the period before taxes | 9903 | €725,551 | -€5,806 | -€731,357 | |
| Profit (loss) for the period | 9904 | €725,551 | -€5,806 | -€731,357 | |
| Profit (loss) for the period to be appropriated | 9905 | €725,551 | -€5,806 | -€731,357 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.