Greyton: 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.
Greyton
Largest movements
- Tangible fixed assets +€6.1m
up €6.1m (+2103.9%), from €291,085 to €6.4m
of which Land and buildings: +€6.2m
- Stocks and contracts -€180,747
no longer reported in 2025 (was €180,747)
- Receivables within one year +€130,690
up €130,690 (+479.7%), from €27,243 to €157,932
of which Other amounts receivable: +€110,724
- Cash +€67,732
up €67,732 (+206.1%), from €32,856 to €100,588
mainly Debts after one year (+€5.5m) and Net result for the year (+€380,664)
- Debts after one year +€5.5m
up €5.5m (+2920.2%), from €189,854 to €5.7m
- Reserves +€377,932
up €377,932 (+2549.5%), from €14,824 to €392,755
of which Tax-exempt reserves: +€377,932
- Current portion of long-term debt +€192,438
up €192,438 (+513.2%), from €37,496 to €229,934
- Provisions +€125,977
new in 2025: €125,977
- Financial income +€832,776
up €832,776 (+55409.0%), from €1,503 to €834,279
of which Non-recurring financial income: +€833,002
- Depreciation +€234,463
up €234,463 (+333.4%), from €70,324 to €304,787
- Staff costs -€132,577
down €132,577 (-99.2%), from €133,664 to €1,088
- Financial charges +€111,868
up €111,868 (+723.0%), from €15,472 to €127,340
- Gross operating margin -€59,767
down €59,767 (-30.5%), from €195,868 to €136,101
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 | €535,171 | €6,692,299 | +€6.2m | +1150.5% |
| Fixed assets | 21/28 | €291,136 | €6,415,264 | +€6.1m | +2103.5% |
| Tangible fixed assets | 22/27 | €291,085 | €6,415,213 | +€6.1m | +2103.9% |
| Land and buildings | 22 | €234,193 | €6,415,213 | +€6.2m | +2639.3% |
| Plant, machinery and equipment | 23 | €6,530 | - | -€6,530 | |
| Furniture and vehicles | 24 | €50,362 | - | -€50,362 | |
| Financial fixed assets | 28 | €51 | €51 | = | 0.0% |
| Current assets | 29/58 | €244,035 | €277,035 | +€33,000 | +13.5% |
| Stocks and contracts in progress | 3 | €180,747 | - | -€180,747 | |
| Stocks | 30/36 | €180,747 | - | -€180,747 | |
| Amounts receivable within one year | 40/41 | €27,243 | €157,932 | +€130,690 | +479.7% |
| Trade receivables | 40 | €7,443 | €27,408 | +€19,965 | +268.3% |
| Other amounts receivable | 41 | €19,800 | €130,524 | +€110,724 | +559.2% |
| Cash at bank and in hand | 54/58 | €32,856 | €100,588 | +€67,732 | +206.1% |
| Deferred charges and accrued income | 490/1 | €3,189 | €18,515 | +€15,326 | +480.6% |
| Total equity and liabilities | 10/49 | €535,171 | €6,692,299 | +€6.2m | +1150.5% |
| Equity | 10/15 | €211,047 | €591,712 | +€380,664 | +180.4% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €14,824 | €392,755 | +€377,932 | +2549.5% |
| Tax-exempt reserves | 132 | - | €377,932 | +€377,932 | |
| Distributable reserves | 133 | €14,824 | €14,824 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,224 | €118,956 | +€2,733 | +2.4% |
| Provisions and deferred taxes | 16 | - | €125,977 | +€125,977 | |
| Deferred taxes | 168 | - | €125,977 | +€125,977 | |
| Amounts payable | 17/49 | €324,123 | €5,974,610 | +€5.7m | +1743.3% |
| Amounts payable after more than one year | 17 | €189,854 | €5,734,053 | +€5.5m | +2920.2% |
| Financial debts | 170/4 | €189,854 | €5,734,053 | +€5.5m | +2920.2% |
| Amounts payable within one year | 42/48 | €133,707 | €239,202 | +€105,495 | +78.9% |
| Current portion of amounts payable after more than one year | 42 | €37,496 | €229,934 | +€192,438 | +513.2% |
| Trade debts | 44 | €41,177 | €8,194 | -€32,983 | -80.1% |
| Suppliers | 440/4 | €41,177 | €8,194 | -€32,983 | -80.1% |
| Taxes, remuneration and social security | 45 | €25,916 | - | -€25,916 | |
| Taxes | 450/3 | €4,609 | - | -€4,609 | |
| Remuneration and social security | 454/9 | €21,307 | - | -€21,307 | |
| Other amounts payable | 47/48 | €29,118 | €1,074 | -€28,044 | -96.3% |
| Accrued charges and deferred income | 492/3 | €562 | €1,355 | +€793 | +141.1% |
| Remuneration, social security and pensions | 62 | €133,664 | €1,088 | -€132,577 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,324 | €304,787 | +€234,463 | +333.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,461 | - | -€1,461 | |
| Other operating charges | 640/8 | €4,943 | €30,565 | +€25,622 | +518.3% |
| Gross operating margin | 9900 | €195,868 | €136,101 | -€59,767 | -30.5% |
| Operating profit (loss) | 9901 | -€14,523 | -€200,339 | -€185,815 | -1279.4% |
| Financial income | 75/76B | €1,503 | €834,279 | +€832,776 | +55409.0% |
| Recurring financial income | 75 | €1,503 | €1,277 | -€226 | -15.0% |
| Non-recurring financial income | 76B | - | €833,002 | +€833,002 | |
| Financial charges | 65/66B | €15,472 | €127,340 | +€111,868 | +723.0% |
| Recurring financial charges | 65 | €15,472 | €127,340 | +€111,868 | +723.0% |
| Profit (loss) for the period before taxes | 9903 | -€28,493 | €506,600 | +€535,093 | |
| Transfer from deferred taxes | 780 | - | €4,393 | +€4,393 | |
| Transfer to deferred taxes | 680 | - | €130,371 | +€130,371 | |
| Income taxes | 67/77 | -€732 | -€41 | +€691 | +94.3% |
| Profit (loss) for the period | 9904 | -€27,760 | €380,664 | +€408,425 | |
| Transfer from tax-exempt reserves | 789 | - | €13,180 | +€13,180 | |
| Transfer to tax-exempt reserves | 689 | - | €391,112 | +€391,112 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,760 | €2,733 | +€30,493 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.