Greta Caset: 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.
What changed
Greta Caset
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €1.1m-€99,888
Equity
€5.4m
2024 · €4.4m+€976,726
Cash
€2.7m
2024 · €2.7m-€2,535
Balance sheet total
€5.6m
2024 · €4.7m+€872,328
Largest movements
Assets
- Current investments +€952,160
up €952,160 (+648%), from €147,000 to €1.1m
Equity and liabilities
- Reserves +€976,726
up €976,726 (+22.0%), from €4.4m to €5.4m
of which Distributable reserves: +€871,476
Income statement
- Gross operating margin -€199,484
down €199,484 (-12.3%), from €1.6m to €1.4m
- Depreciation -€61,912
down €61,912 (-52.8%), from €117,233 to €55,320
- Taxes -€53,660
down €53,660 (-11.1%), from €483,684 to €430,023
- Financial charges +€25,737
up €25,737 (+964%), from €2,671 to €28,408
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.
Result 2024
€1.1m
Gross operating margin
-€199,484
Depreciation
+€61,912
Other operating charges
-€1,402
Financial income
+€11,162
Financial charges
-€25,737
Taxes
+€53,660
Result 2025
€1.0m
raises the resultlowers the result
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.
From operations
+€979,025
Investment
-€955,244
Financing
-€26,316
Cash 2024
€2.7m
From operations (derived)
+€979,025
Net result for the year
+€1.0m
Depreciation
+€55,320
Receivables within one year
+€29,761
Deferred charges and accrued income
-€4,701
Smaller working-capital items
+€1,023
Tax, wage and social debts
-€50,208
Other debts
-€55,213
Investment (derived)
-€955,244
Investment in fixed assets (net)
-€3,084
Current investments
-€952,160
Financing
-€26,316
Contributions, distributions and other
-€26,316
Cash 2025
€2.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,678,676 | €5,551,004 | +€872,328 | +18.6% |
| Fixed assets | 21/28 | €1,734,274 | €1,682,038 | -€52,236 | -3.0% |
| Tangible fixed assets | 22/27 | €1,437,046 | €1,384,810 | -€52,236 | -3.6% |
| Land and buildings | 22 | €1,433,495 | €1,379,519 | -€53,976 | -3.8% |
| Furniture and vehicles | 24 | €3,551 | €5,291 | +€1,740 | +49.0% |
| Financial fixed assets | 28 | €297,228 | €297,228 | = | 0.0% |
| Current assets | 29/58 | €2,944,402 | €3,868,966 | +€924,564 | +31.4% |
| Amounts receivable within one year | 40/41 | €106,655 | €76,894 | -€29,761 | -27.9% |
| Trade receivables | 40 | €18,155 | €17,963 | -€192 | -1.1% |
| Other amounts receivable | 41 | €88,500 | €58,931 | -€29,569 | -33.4% |
| Current investments | 50/53 | €147,000 | €1,099,160 | +€952,160 | +648% |
| Cash at bank and in hand | 54/58 | €2,686,420 | €2,683,885 | -€2,535 | -0.1% |
| Deferred charges and accrued income | 490/1 | €4,326 | €9,026 | +€4,701 | +109% |
| Total equity and liabilities | 10/49 | €4,678,676 | €5,551,004 | +€872,328 | +18.6% |
| Equity | 10/15 | €4,447,386 | €5,424,112 | +€976,726 | +22.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,441,186 | €5,417,912 | +€976,726 | +22.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €842,000 | €947,250 | +€105,250 | +12.5% |
| Distributable reserves | 133 | €3,599,186 | €4,470,662 | +€871,476 | +24.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €231,290 | €126,891 | -€104,399 | -45.1% |
| Amounts payable within one year | 42/48 | €229,518 | €124,880 | -€104,638 | -45.6% |
| Trade debts | 44 | €1,418 | €2,202 | +€784 | +55.3% |
| Suppliers | 440/4 | €1,418 | €2,202 | +€784 | +55.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €111,410 | €61,202 | -€50,208 | -45.1% |
| Taxes | 450/3 | €111,410 | €61,202 | -€50,208 | -45.1% |
| Other amounts payable | 47/48 | €116,690 | €61,477 | -€55,213 | -47.3% |
| Accrued charges and deferred income | 492/3 | €1,772 | €2,011 | +€239 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,233 | €55,320 | -€61,912 | -52.8% |
| Other operating charges | 640/8 | €3,934 | €5,336 | +€1,402 | +35.6% |
| Gross operating margin | 9900 | €1,621,999 | €1,422,516 | -€199,484 | -12.3% |
| Operating profit (loss) | 9901 | €1,500,833 | €1,361,860 | -€138,973 | -9.3% |
| Financial income | 75/76B | €88,452 | €99,614 | +€11,162 | +12.6% |
| Recurring financial income | 75 | €88,452 | €99,614 | +€11,162 | +12.6% |
| Financial charges | 65/66B | €2,671 | €28,408 | +€25,737 | +964% |
| Recurring financial charges | 65 | €2,671 | €28,408 | +€25,737 | +964% |
| Profit (loss) for the period before taxes | 9903 | €1,586,614 | €1,433,066 | -€153,548 | -9.7% |
| Income taxes | 67/77 | €483,684 | €430,023 | -€53,660 | -11.1% |
| Profit (loss) for the period | 9904 | €1,102,930 | €1,003,042 | -€99,888 | -9.1% |
| Transfer from tax-exempt reserves | 789 | €0 | €210,500 | +€210,500 | |
| Transfer to tax-exempt reserves | 689 | €210,500 | €315,750 | +€105,250 | +50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €892,430 | €897,792 | +€5,362 | +0.6% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.