GreTiVa: 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.
GreTiVa
Largest movements
- Cash -€8,850
down €8,850 (-42.8%), from €20,692 to €11,842
mainly Other debts (-€7,955) and Tax, wage and social debts (-€6,089)
- Stocks and contracts -€5,127
down €5,127 (-21.9%), from €23,428 to €18,301
- Tangible fixed assets -€2,626
down €2,626 (-50.4%), from €5,211 to €2,586
of which Furniture and vehicles: -€2,178
- Receivables within one year +€1,484
up €1,484 (+42.4%), from €3,500 to €4,984
- Other debts -€7,955
down €7,955 (-17.2%), from €46,229 to €38,275
- Tax, wage and social debts -€6,089
down €6,089 (-31.5%), from €19,360 to €13,271
of which Remuneration and social security: -€4,382
- Trade debts -€1,982
down €1,982 (-79.6%), from €2,491 to €509
- Profit (loss) carried forward +€907
up €907 (+4.0%), from -€22,689 to -€21,782
- Depreciation -€2,574
down €2,574 (-49.5%), from €5,199 to €2,626
- Gross operating margin -€2,124
down €2,124 (-31.7%), from €6,693 to €4,569
- Taxes -€292
down €292 (-32.8%), from €892 to €600
- Financial charges -€69
down €69 (-25.9%), from €267 to €198
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 | €53,451 | €38,332 | -€15,119 | -28.3% |
| Fixed assets | 21/28 | €5,211 | €2,586 | -€2,626 | -50.4% |
| Tangible fixed assets | 22/27 | €5,211 | €2,586 | -€2,626 | -50.4% |
| Plant, machinery and equipment | 23 | €856 | €408 | -€448 | -52.3% |
| Furniture and vehicles | 24 | €4,356 | €2,178 | -€2,178 | -50.0% |
| Current assets | 29/58 | €48,239 | €35,746 | -€12,493 | -25.9% |
| Stocks and contracts in progress | 3 | €23,428 | €18,301 | -€5,127 | -21.9% |
| Stocks | 30/36 | €23,428 | €18,301 | -€5,127 | -21.9% |
| Amounts receivable within one year | 40/41 | €3,500 | €4,984 | +€1,484 | +42.4% |
| Trade receivables | 40 | €3,500 | €4,984 | +€1,484 | +42.4% |
| Cash at bank and in hand | 54/58 | €20,692 | €11,842 | -€8,850 | -42.8% |
| Deferred charges and accrued income | 490/1 | €619 | €619 | = | 0.0% |
| Total equity and liabilities | 10/49 | €53,451 | €38,332 | -€15,119 | -28.3% |
| Equity | 10/15 | -€14,629 | -€13,722 | +€907 | +6.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,689 | -€21,782 | +€907 | +4.0% |
| Amounts payable | 17/49 | €68,080 | €52,054 | -€16,026 | -23.5% |
| Amounts payable within one year | 42/48 | €68,080 | €52,054 | -€16,026 | -23.5% |
| Trade debts | 44 | €2,491 | €509 | -€1,982 | -79.6% |
| Suppliers | 440/4 | €2,491 | €509 | -€1,982 | -79.6% |
| Taxes, remuneration and social security | 45 | €19,360 | €13,271 | -€6,089 | -31.5% |
| Taxes | 450/3 | €10,588 | €8,881 | -€1,707 | -16.1% |
| Remuneration and social security | 454/9 | €8,772 | €4,390 | -€4,382 | -50.0% |
| Other amounts payable | 47/48 | €46,229 | €38,275 | -€7,955 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,199 | €2,626 | -€2,574 | -49.5% |
| Other operating charges | 640/8 | €229 | €239 | +€10 | +4.2% |
| Gross operating margin | 9900 | €6,693 | €4,569 | -€2,124 | -31.7% |
| Operating profit (loss) | 9901 | €1,265 | €1,704 | +€440 | +34.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €267 | €198 | -€69 | -25.9% |
| Recurring financial charges | 65 | €267 | €198 | -€69 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €998 | €1,507 | +€509 | +51.0% |
| Income taxes | 67/77 | €892 | €600 | -€292 | -32.8% |
| Profit (loss) for the period | 9904 | €106 | €907 | +€801 | +756% |
| Profit (loss) for the period to be appropriated | 9905 | €106 | €907 | +€801 | +756% |
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 16 October 2026 via checked.be.