GREROYE: 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.
GREROYE
Largest movements
- Tangible fixed assets -€7,084
down €7,084 (-2.1%), from €338,644 to €331,561
- Debts after one year -€13,159
down €13,159 (-5.6%), from €233,407 to €220,248
- Profit (loss) carried forward +€5,980
up €5,980 (+25.3%), from -€23,618 to -€17,638
- Depreciation -€13,899
down €13,899 (-66.2%), from €20,983 to €7,084
- Gross operating margin +€13,389
up €13,389 (+87.3%), from €15,334 to €28,723
- Financial charges -€1,552
down €1,552 (-12.0%), from €12,983 to €11,431
- Other operating charges -€758
down €758 (-15.2%), from €4,987 to €4,228
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 | €344,850 | €339,451 | -€5,400 | -1.6% |
| Fixed assets | 21/28 | €338,644 | €331,561 | -€7,084 | -2.1% |
| Tangible fixed assets | 22/27 | €338,644 | €331,561 | -€7,084 | -2.1% |
| Land and buildings | 22 | €338,644 | €331,561 | -€7,084 | -2.1% |
| Current assets | 29/58 | €6,206 | €7,890 | +€1,684 | +27.1% |
| Cash at bank and in hand | 54/58 | €6,206 | €6,681 | +€475 | +7.7% |
| Deferred charges and accrued income | 490/1 | - | €1,209 | +€1,209 | |
| Total equity and liabilities | 10/49 | €344,850 | €339,451 | -€5,400 | -1.6% |
| Equity | 10/15 | €76,382 | €82,362 | +€5,980 | +7.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,618 | -€17,638 | +€5,980 | +25.3% |
| Amounts payable | 17/49 | €268,469 | €257,089 | -€11,379 | -4.2% |
| Amounts payable after more than one year | 17 | €233,407 | €220,248 | -€13,159 | -5.6% |
| Financial debts | 170/4 | €233,407 | €220,248 | -€13,159 | -5.6% |
| Amounts payable within one year | 42/48 | €32,562 | €34,341 | +€1,779 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €12,562 | €13,159 | +€597 | +4.8% |
| Trade debts | 44 | - | €1,099 | +€1,099 | |
| Suppliers | 440/4 | - | €1,099 | +€1,099 | |
| Other amounts payable | 47/48 | €20,000 | €20,083 | +€83 | +0.4% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,983 | €7,084 | -€13,899 | -66.2% |
| Other operating charges | 640/8 | €4,987 | €4,228 | -€758 | -15.2% |
| Gross operating margin | 9900 | €15,334 | €28,723 | +€13,389 | +87.3% |
| Operating profit (loss) | 9901 | -€10,636 | €17,411 | +€28,047 | |
| Financial charges | 65/66B | €12,983 | €11,431 | -€1,552 | -12.0% |
| Recurring financial charges | 65 | €12,983 | €11,431 | -€1,552 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | -€23,618 | €5,980 | +€29,598 | |
| Profit (loss) for the period | 9904 | -€23,618 | €5,980 | +€29,598 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,618 | €5,980 | +€29,598 |
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 8 October 2026 via checked.be.