GRESON: 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.
GRESON
Largest movements
- Tangible fixed assets -€40,875
down €40,875 (-7.3%), from €558,827 to €517,952
of which Land and buildings: -€42,769
- Profit (loss) carried forward -€28,381
down €28,381 (-13.2%), from -€214,708 to -€243,089
- Other debts +€26,571
up €26,571 (+5.8%), from €460,948 to €487,519
- Current portion of long-term debt -€18,271
down €18,271 (-83.1%), from €21,983 to €3,711
- Reserves -€9,689
down €9,689 (-7.8%), from €124,914 to €115,225
of which Tax-exempt reserves: -€9,689
- Gross operating margin +€14,359
up €14,359 (+47.6%), from €30,193 to €44,553
- Depreciation +€1,698
up €1,698 (+2.3%), from €75,265 to €76,963
- Financial charges -€698
down €698 (-49.1%), from €1,421 to €723
- Other operating charges -€680
down €680 (-6.0%), from €11,379 to €10,699
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.
Cash bridge derived
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 | €571,633 | €535,159 | -€36,474 | -6.4% |
| Fixed assets | 21/28 | €558,827 | €517,952 | -€40,875 | -7.3% |
| Tangible fixed assets | 22/27 | €558,827 | €517,952 | -€40,875 | -7.3% |
| Land and buildings | 22 | €548,873 | €506,104 | -€42,769 | -7.8% |
| Plant, machinery and equipment | 23 | €3,919 | €2,848 | -€1,071 | -27.3% |
| Furniture and vehicles | 24 | €6,035 | €9,000 | +€2,965 | +49.1% |
| Current assets | 29/58 | €12,806 | €17,207 | +€4,401 | +34.4% |
| Amounts receivable within one year | 40/41 | €548 | €338 | -€211 | -38.4% |
| Other amounts receivable | 41 | €548 | €338 | -€211 | -38.4% |
| Current investments | 50/53 | €7,265 | €7,456 | +€191 | +2.6% |
| Cash at bank and in hand | 54/58 | €3,746 | €8,038 | +€4,292 | +114.6% |
| Deferred charges and accrued income | 490/1 | €1,247 | €1,376 | +€129 | +10.3% |
| Total equity and liabilities | 10/49 | €571,633 | €535,159 | -€36,474 | -6.4% |
| Equity | 10/15 | -€27,794 | -€65,864 | -€38,070 | -137.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €124,914 | €115,225 | -€9,689 | -7.8% |
| Non-distributable reserves | 130/1 | €1,454 | €1,454 | = | 0.0% |
| Legal reserve | 130 | €1,454 | €1,454 | = | 0.0% |
| Tax-exempt reserves | 132 | €96,890 | €87,201 | -€9,689 | -10.0% |
| Distributable reserves | 133 | €26,570 | €26,570 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€214,708 | -€243,089 | -€28,381 | -13.2% |
| Provisions and deferred taxes | 16 | €49,891 | €44,902 | -€4,989 | -10.0% |
| Deferred taxes | 168 | €49,891 | €44,902 | -€4,989 | -10.0% |
| Amounts payable | 17/49 | €549,536 | €556,122 | +€6,586 | +1.2% |
| Amounts payable after more than one year | 17 | €60,347 | €56,635 | -€3,711 | -6.1% |
| Financial debts | 170/4 | €3,711 | - | -€3,711 | |
| Other amounts payable | 178/9 | €56,635 | €56,635 | = | 0.0% |
| Amounts payable within one year | 42/48 | €483,035 | €495,186 | +€12,150 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €21,983 | €3,711 | -€18,271 | -83.1% |
| Trade debts | 44 | €105 | €3,955 | +€3,851 | +3680.5% |
| Suppliers | 440/4 | €105 | €3,955 | +€3,851 | +3680.5% |
| Other amounts payable | 47/48 | €460,948 | €487,519 | +€26,571 | +5.8% |
| Accrued charges and deferred income | 492/3 | €6,154 | €4,301 | -€1,853 | -30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,265 | €76,963 | +€1,698 | +2.3% |
| Other operating charges | 640/8 | €11,379 | €10,699 | -€680 | -6.0% |
| Gross operating margin | 9900 | €30,193 | €44,553 | +€14,359 | +47.6% |
| Operating profit (loss) | 9901 | -€56,450 | -€43,109 | +€13,342 | +23.6% |
| Financial income | 75/76B | €540 | €772 | +€232 | +43.0% |
| Recurring financial income | 75 | €540 | €772 | +€232 | +43.0% |
| Financial charges | 65/66B | €1,421 | €723 | -€698 | -49.1% |
| Recurring financial charges | 65 | €1,421 | €723 | -€698 | -49.1% |
| Profit (loss) for the period before taxes | 9903 | -€57,331 | -€43,059 | +€14,271 | +24.9% |
| Transfer from deferred taxes | 780 | €4,989 | €4,989 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€52,341 | -€38,070 | +€14,271 | +27.3% |
| Transfer from tax-exempt reserves | 789 | €9,689 | €9,689 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,652 | -€28,381 | +€14,271 | +33.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.