Gresend: 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.
Gresend
Largest movements
- Receivables within one year +€12,856
up €12,856 (+20.7%), from €62,010 to €74,866
of which Other amounts receivable: +€27,452
- Cash +€7,263
up €7,263 (+106.0%), from €6,851 to €14,114
mainly Net result for the year (+€21,147) and Depreciation (+€7,289)
- Profit (loss) carried forward +€21,147
up €21,147 (+229.2%), from €9,226 to €30,373
- Trade debts -€1,301
down €1,301 (-5.0%), from €26,048 to €24,747
- Tax, wage and social debts -€1,089
down €1,089 (-4.6%), from €23,702 to €22,613
of which Remuneration and social security: -€5,899
- Turnover +€482,847
new in 2025: €482,847
- Staff costs -€43,813
down €43,813 (-91.7%), from €47,759 to €3,946
- Gross operating margin -€36,332
down €36,332 (-47.6%), from €76,300 to €39,968
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 | €83,270 | €102,026 | +€18,756 | +22.5% |
| Fixed assets | 21/28 | €13,656 | €13,046 | -€610 | -4.5% |
| Tangible fixed assets | 22/27 | €13,656 | €13,046 | -€610 | -4.5% |
| Plant, machinery and equipment | 23 | €9,781 | €7,195 | -€2,586 | -26.4% |
| Furniture and vehicles | 24 | €3,874 | €5,851 | +€1,976 | +51.0% |
| Current assets | 29/58 | €69,614 | €88,980 | +€19,366 | +27.8% |
| Amounts receivable within one year | 40/41 | €62,010 | €74,866 | +€12,856 | +20.7% |
| Trade receivables | 40 | €56,795 | €42,198 | -€14,597 | -25.7% |
| Other amounts receivable | 41 | €5,216 | €32,668 | +€27,452 | +526.4% |
| Cash at bank and in hand | 54/58 | €6,851 | €14,114 | +€7,263 | +106.0% |
| Deferred charges and accrued income | 490/1 | €753 | - | -€753 | |
| Total equity and liabilities | 10/49 | €83,270 | €102,026 | +€18,756 | +22.5% |
| Equity | 10/15 | €33,519 | €54,666 | +€21,147 | +63.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €18,293 | €18,293 | = | 0.0% |
| Distributable reserves | 133 | €18,293 | €18,293 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,226 | €30,373 | +€21,147 | +229.2% |
| Amounts payable | 17/49 | €49,751 | €47,360 | -€2,390 | -4.8% |
| Amounts payable within one year | 42/48 | €49,751 | €47,360 | -€2,390 | -4.8% |
| Trade debts | 44 | €26,048 | €24,747 | -€1,301 | -5.0% |
| Suppliers | 440/4 | €26,048 | €24,747 | -€1,301 | -5.0% |
| Taxes, remuneration and social security | 45 | €23,702 | €22,613 | -€1,089 | -4.6% |
| Taxes | 450/3 | €12,889 | €17,699 | +€4,810 | +37.3% |
| Remuneration and social security | 454/9 | €10,813 | €4,914 | -€5,899 | -54.6% |
| Turnover | 70 | - | €482,847 | +€482,847 | |
| Remuneration, social security and pensions | 62 | €47,759 | €3,946 | -€43,813 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,824 | €7,289 | -€2,535 | -25.8% |
| Other operating charges | 640/8 | €2,166 | €2,035 | -€131 | -6.0% |
| Gross operating margin | 9900 | €76,300 | €39,968 | -€36,332 | -47.6% |
| Operating profit (loss) | 9901 | €16,551 | €26,698 | +€10,147 | +61.3% |
| Financial income | 75/76B | €158 | €631 | +€473 | +299.5% |
| Recurring financial income | 75 | €158 | €631 | +€473 | +299.5% |
| Financial charges | 65/66B | €1,702 | €3,939 | +€2,237 | +131.5% |
| Recurring financial charges | 65 | €1,702 | €3,939 | +€2,237 | +131.5% |
| Profit (loss) for the period before taxes | 9903 | €15,007 | €23,390 | +€8,383 | +55.9% |
| Income taxes | 67/77 | €3,646 | €2,243 | -€1,403 | -38.5% |
| Profit (loss) for the period | 9904 | €11,361 | €21,147 | +€9,785 | +86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,361 | €21,147 | +€9,785 | +86.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.