Grepi Technics: 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.
Grepi Technics
Largest movements
- Receivables within one year -€71,988
down €71,988 (-43.9%), from €163,935 to €91,947
of which Trade receivables: -€76,553
- Cash +€47,914
up €47,914 (+110%), from €43,505 to €91,419
mainly Receivables within one year (+€71,988) and Net result for the year (+€28,242)
- Tangible fixed assets +€24,726
up €24,726 (+281%), from €8,810 to €33,536
of which Furniture and vehicles: +€25,242
- Stocks and contracts -€11,139
down €11,139 (-36.4%), from €30,593 to €19,454
- Reserves +€93,401
up €93,401 (+5,022%), from €1,860 to €95,261
of which Distributable reserves: +€93,401
- Profit (loss) carried forward -€65,159
down €65,159 (-100%), from €65,159 to €0
- Trade debts -€63,171
down €63,171 (-46.9%), from €134,706 to €71,534
- Debts after one year +€16,973
new in 2025: €16,973
- Current portion of long-term debt +€9,260
up €9,260, from €0 to €9,260
- Gross operating margin +€5,980
up €5,980 (+5.0%), from €119,140 to €125,120
- Taxes +€5,133
up €5,133 (+1,540%), from €333 to €5,467
- Staff costs +€1,541
up €1,541 (+1.9%), from €81,618 to €83,159
- Depreciation +€1,421
up €1,421 (+24.1%), from €5,888 to €7,310
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 | €249,171 | €240,210 | -€8,961 | -3.6% |
| Fixed assets | 21/28 | €8,810 | €33,536 | +€24,726 | +281% |
| Tangible fixed assets | 22/27 | €8,810 | €33,536 | +€24,726 | +281% |
| Plant, machinery and equipment | 23 | €516 | €0 | -€516 | -100% |
| Furniture and vehicles | 24 | €8,294 | €33,536 | +€25,242 | +304% |
| Current assets | 29/58 | €240,361 | €206,674 | -€33,687 | -14.0% |
| Stocks and contracts in progress | 3 | €30,593 | €19,454 | -€11,139 | -36.4% |
| Stocks | 30/36 | €30,593 | €19,454 | -€11,139 | -36.4% |
| Amounts receivable within one year | 40/41 | €163,935 | €91,947 | -€71,988 | -43.9% |
| Trade receivables | 40 | €159,384 | €82,831 | -€76,553 | -48.0% |
| Other amounts receivable | 41 | €4,551 | €9,116 | +€4,565 | +100% |
| Cash at bank and in hand | 54/58 | €43,505 | €91,419 | +€47,914 | +110% |
| Deferred charges and accrued income | 490/1 | €2,328 | €3,854 | +€1,526 | +65.5% |
| Total equity and liabilities | 10/49 | €249,171 | €240,210 | -€8,961 | -3.6% |
| Equity | 10/15 | €85,619 | €113,861 | +€28,242 | +33.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €95,261 | +€93,401 | +5,022% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €93,401 | +€93,401 | |
| Profit (loss) carried forward | 14 | €65,159 | €0 | -€65,159 | -100% |
| Amounts payable | 17/49 | €163,552 | €126,349 | -€37,203 | -22.7% |
| Amounts payable after more than one year | 17 | - | €16,973 | +€16,973 | |
| Financial debts | 170/4 | - | €16,973 | +€16,973 | |
| Amounts payable within one year | 42/48 | €163,552 | €109,376 | -€54,176 | -33.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | €9,260 | +€9,260 | |
| Trade debts | 44 | €134,706 | €71,534 | -€63,171 | -46.9% |
| Suppliers | 440/4 | €134,706 | €71,534 | -€63,171 | -46.9% |
| Taxes, remuneration and social security | 45 | €25,846 | €25,582 | -€265 | -1.0% |
| Taxes | 450/3 | €16,144 | €15,165 | -€978 | -6.1% |
| Remuneration and social security | 454/9 | €9,703 | €10,416 | +€714 | +7.4% |
| Other amounts payable | 47/48 | €3,000 | €3,000 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €81,618 | €83,159 | +€1,541 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,888 | €7,310 | +€1,421 | +24.1% |
| Other operating charges | 640/8 | €675 | €634 | -€41 | -6.0% |
| Gross operating margin | 9900 | €119,140 | €125,120 | +€5,980 | +5.0% |
| Operating profit (loss) | 9901 | €30,960 | €34,018 | +€3,058 | +9.9% |
| Financial income | 75/76B | €21 | €276 | +€255 | +1,214% |
| Recurring financial income | 75 | €21 | €276 | +€255 | +1,214% |
| Financial charges | 65/66B | €333 | €585 | +€252 | +75.5% |
| Recurring financial charges | 65 | €333 | €585 | +€252 | +75.5% |
| Profit (loss) for the period before taxes | 9903 | €30,647 | €33,709 | +€3,061 | +10.0% |
| Income taxes | 67/77 | €333 | €5,467 | +€5,133 | +1,540% |
| Profit (loss) for the period | 9904 | €30,314 | €28,242 | -€2,072 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €30,314 | €28,242 | -€2,072 | -6.8% |
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 17 October 2026 via checked.be.