Grevendonk Jansen: 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.
Grevendonk Jansen
Largest movements
- Receivables within one year -€16,641
down €16,641 (-37.1%), from €44,829 to €28,188
of which Other amounts receivable: -€10,404
- Cash +€8,906
up €8,906 (+239%), from €3,732 to €12,638
mainly Receivables within one year (+€16,641) and Depreciation (+€7,969)
- Tangible fixed assets +€3,130
up €3,130 (+15.5%), from €20,143 to €23,273
of which Plant, machinery and equipment: +€3,541
- Deferred charges and accrued income -€1,461
down €1,461 (-41.4%), from €3,531 to €2,070
- Trade debts -€10,403
down €10,403 (-19.3%), from €53,797 to €43,394
- Profit (loss) carried forward +€2,258
up €2,258 (+22.8%), from €9,907 to €12,165
- Tax, wage and social debts +€1,904
up €1,904 (+40.0%), from €4,761 to €6,664
of which Remuneration and social security: +€1,560
- Gross operating margin +€7,139
up €7,139 (+12.6%), from €56,450 to €63,589
- Staff costs +€3,544
up €3,544 (+7.4%), from €47,997 to €51,541
- Depreciation +€2,120
up €2,120 (+36.2%), from €5,849 to €7,969
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 | €72,235 | €66,170 | -€6,066 | -8.4% |
| Fixed assets | 21/28 | €20,143 | €23,273 | +€3,130 | +15.5% |
| Tangible fixed assets | 22/27 | €20,143 | €23,273 | +€3,130 | +15.5% |
| Plant, machinery and equipment | 23 | €18,733 | €22,274 | +€3,541 | +18.9% |
| Furniture and vehicles | 24 | €1,411 | €1,000 | -€411 | -29.1% |
| Current assets | 29/58 | €52,092 | €42,896 | -€9,196 | -17.7% |
| Amounts receivable within one year | 40/41 | €44,829 | €28,188 | -€16,641 | -37.1% |
| Trade receivables | 40 | €27,762 | €21,525 | -€6,237 | -22.5% |
| Other amounts receivable | 41 | €17,067 | €6,663 | -€10,404 | -61.0% |
| Cash at bank and in hand | 54/58 | €3,732 | €12,638 | +€8,906 | +239% |
| Deferred charges and accrued income | 490/1 | €3,531 | €2,070 | -€1,461 | -41.4% |
| Total equity and liabilities | 10/49 | €72,235 | €66,170 | -€6,066 | -8.4% |
| Equity | 10/15 | €13,163 | €15,421 | +€2,258 | +17.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €256 | €256 | = | 0.0% |
| Distributable reserves | 133 | €256 | €256 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,907 | €12,165 | +€2,258 | +22.8% |
| Amounts payable | 17/49 | €59,073 | €50,749 | -€8,324 | -14.1% |
| Amounts payable within one year | 42/48 | €59,073 | €50,749 | -€8,324 | -14.1% |
| Trade debts | 44 | €53,797 | €43,394 | -€10,403 | -19.3% |
| Suppliers | 440/4 | €53,797 | €43,394 | -€10,403 | -19.3% |
| Taxes, remuneration and social security | 45 | €4,761 | €6,664 | +€1,904 | +40.0% |
| Taxes | 450/3 | €2,443 | €2,786 | +€343 | +14.1% |
| Remuneration and social security | 454/9 | €2,318 | €3,878 | +€1,560 | +67.3% |
| Other amounts payable | 47/48 | €515 | €691 | +€176 | +34.1% |
| Remuneration, social security and pensions | 62 | €47,997 | €51,541 | +€3,544 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,849 | €7,969 | +€2,120 | +36.2% |
| Other operating charges | 640/8 | €242 | €585 | +€343 | +142% |
| Gross operating margin | 9900 | €56,450 | €63,589 | +€7,139 | +12.6% |
| Operating profit (loss) | 9901 | €2,362 | €3,493 | +€1,132 | +47.9% |
| Financial income | 75/76B | €594 | €165 | -€430 | -72.3% |
| Recurring financial income | 75 | €594 | €165 | -€430 | -72.3% |
| Financial charges | 65/66B | €129 | €45 | -€84 | -65.1% |
| Recurring financial charges | 65 | €129 | €45 | -€84 | -65.1% |
| Profit (loss) for the period before taxes | 9903 | €2,827 | €3,613 | +€786 | +27.8% |
| Income taxes | 67/77 | €1,011 | €1,355 | +€343 | +34.0% |
| Profit (loss) for the period | 9904 | €1,816 | €2,258 | +€442 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,816 | €2,258 | +€442 | +24.4% |
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 27 October 2026 via checked.be.