GRYP: 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.
GRYP
Largest movements
- Receivables within one year -€94,216
down €94,216 (-57.0%), from €165,151 to €70,935
of which Trade receivables: -€91,126
- Stocks and contracts -€6,883
down €6,883 (-3.4%), from €200,595 to €193,712
of which Contracts in progress: -€5,284
- Tangible fixed assets -€3,925
down €3,925 (-18.3%), from €21,405 to €17,480
of which Land and buildings: -€3,984
- Debts after one year -€89,160
down €89,160 (-36.4%), from €244,984 to €155,824
- Profit (loss) carried forward +€17,815
up €17,815 (+25.6%), from -€69,671 to -€51,856
- Tax, wage and social debts -€12,274
down €12,274 (-92.8%), from €13,222 to €948
of which Remuneration and social security: -€12,000
- Other debts -€12,138
down €12,138 (-27.6%), from €43,952 to €31,814
- Trade debts -€5,854
down €5,854 (-6.3%), from €93,294 to €87,440
- Gross operating margin +€8,414
up €8,414 (+41.7%), from €20,163 to €28,577
- Depreciation -€8,028
down €8,028 (-58.2%), from €13,806 to €5,777
- Financial charges -€1,471
down €1,471 (-25.8%), from €5,708 to €4,237
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 | €387,407 | €282,662 | -€104,746 | -27.0% |
| Fixed assets | 21/28 | €21,405 | €17,480 | -€3,925 | -18.3% |
| Tangible fixed assets | 22/27 | €21,405 | €17,480 | -€3,925 | -18.3% |
| Land and buildings | 22 | €18,203 | €14,218 | -€3,984 | -21.9% |
| Plant, machinery and equipment | 23 | €2,414 | €1,438 | -€976 | -40.4% |
| Furniture and vehicles | 24 | €788 | €1,824 | +€1,035 | +131% |
| Current assets | 29/58 | €366,002 | €265,182 | -€100,820 | -27.5% |
| Stocks and contracts in progress | 3 | €200,595 | €193,712 | -€6,883 | -3.4% |
| Stocks | 30/36 | €170,169 | €168,570 | -€1,599 | -0.9% |
| Contracts in progress | 37 | €30,426 | €25,142 | -€5,284 | -17.4% |
| Amounts receivable within one year | 40/41 | €165,151 | €70,935 | -€94,216 | -57.0% |
| Trade receivables | 40 | €162,061 | €70,935 | -€91,126 | -56.2% |
| Other amounts receivable | 41 | €3,090 | €0 | -€3,090 | -100% |
| Cash at bank and in hand | 54/58 | €256 | €535 | +€279 | +109% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €387,407 | €282,662 | -€104,746 | -27.0% |
| Equity | 10/15 | -€38,001 | -€20,186 | +€17,815 | +46.9% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €683 | €683 | = | 0.0% |
| Non-distributable reserves | 130/1 | €683 | €683 | = | 0.0% |
| Reserves not available under the articles | 1311 | €683 | €683 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,671 | -€51,856 | +€17,815 | +25.6% |
| Amounts payable | 17/49 | €425,408 | €302,848 | -€122,560 | -28.8% |
| Amounts payable after more than one year | 17 | €244,984 | €155,824 | -€89,160 | -36.4% |
| Financial debts | 170/4 | €244,984 | €155,824 | -€89,160 | -36.4% |
| Amounts payable within one year | 42/48 | €180,424 | €147,024 | -€33,400 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €9,216 | €7,927 | -€1,289 | -14.0% |
| Financial debts | 43 | €20,739 | €18,894 | -€1,844 | -8.9% |
| Credit institutions | 430/8 | €20,739 | €18,894 | -€1,844 | -8.9% |
| Trade debts | 44 | €93,294 | €87,440 | -€5,854 | -6.3% |
| Suppliers | 440/4 | €93,294 | €87,440 | -€5,854 | -6.3% |
| Taxes, remuneration and social security | 45 | €13,222 | €948 | -€12,274 | -92.8% |
| Taxes | 450/3 | €1,222 | €948 | -€274 | -22.4% |
| Remuneration and social security | 454/9 | €12,000 | €0 | -€12,000 | -100% |
| Other amounts payable | 47/48 | €43,952 | €31,814 | -€12,138 | -27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,806 | €5,777 | -€8,028 | -58.2% |
| Other operating charges | 640/8 | €803 | €610 | -€194 | -24.1% |
| Gross operating margin | 9900 | €20,163 | €28,577 | +€8,414 | +41.7% |
| Operating profit (loss) | 9901 | €5,554 | €22,191 | +€16,636 | +300% |
| Financial income | 75/76B | €0 | €0 | -€0 | -96.8% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -96.8% |
| Financial charges | 65/66B | €5,708 | €4,237 | -€1,471 | -25.8% |
| Recurring financial charges | 65 | €5,708 | €4,237 | -€1,471 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | -€154 | €17,954 | +€18,107 | |
| Income taxes | 67/77 | €7 | €139 | +€132 | +2,002% |
| Profit (loss) for the period | 9904 | -€160 | €17,815 | +€17,975 | |
| Profit (loss) for the period to be appropriated | 9905 | -€160 | €17,815 | +€17,975 |
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 13 October 2026 via checked.be.