GRYSON BRYAN: 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.
GRYSON BRYAN
Largest movements
- Cash -€20,558
down €20,558 (-60.1%), from €34,203 to €13,645
mainly Debts after one year (-€23,205) and Contributions, distributions and other (-€23,180)
- Tangible fixed assets -€15,222
down €15,222 (-30.6%), from €49,708 to €34,486
- Receivables within one year +€3,017
up €3,017 (+23.0%), from €13,138 to €16,154
of which Trade receivables: +€3,688
- Debts after one year -€23,205
down €23,205 (-100.0%), from €23,205 to €0
- Current portion of long-term debt -€13,923
down €13,923 (-100.0%), from €13,923 to €0
- Other debts +€6,252
up €6,252 (+32.1%), from €19,494 to €25,746
- Trade debts -€1,166
down €1,166 (-66.3%), from €1,760 to €594
- Depreciation -€13,113
down €13,113 (-70.2%), from €18,677 to €5,564
- Staff costs -€8,898
down €8,898 (-28.7%), from €31,049 to €22,151
- Taxes +€7,014
up €7,014 (+177.4%), from €3,953 to €10,966
- Gross operating margin +€5,445
up €5,445 (+8.6%), from €63,006 to €68,451
- Other operating charges +€795
up €795 (+34.9%), from €2,282 to €3,077
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 | €97,049 | €64,286 | -€32,763 | -33.8% |
| Fixed assets | 21/28 | €49,708 | €34,486 | -€15,222 | -30.6% |
| Tangible fixed assets | 22/27 | €49,708 | €34,486 | -€15,222 | -30.6% |
| Furniture and vehicles | 24 | €49,708 | €34,486 | -€15,222 | -30.6% |
| Current assets | 29/58 | €47,341 | €29,800 | -€17,541 | -37.1% |
| Amounts receivable within one year | 40/41 | €13,138 | €16,154 | +€3,017 | +23.0% |
| Trade receivables | 40 | €12,106 | €15,794 | +€3,688 | +30.5% |
| Other amounts receivable | 41 | €1,031 | €360 | -€671 | -65.1% |
| Cash at bank and in hand | 54/58 | €34,203 | €13,645 | -€20,558 | -60.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €97,049 | €64,286 | -€32,763 | -33.8% |
| Equity | 10/15 | €27,274 | €27,274 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,674 | €8,674 | = | 0.0% |
| Tax-exempt reserves | 132 | €766 | €766 | = | 0.0% |
| Distributable reserves | 133 | €7,908 | €7,908 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €69,775 | €37,012 | -€32,763 | -47.0% |
| Amounts payable after more than one year | 17 | €23,205 | €0 | -€23,205 | -100.0% |
| Financial debts | 170/4 | €23,205 | €0 | -€23,205 | -100.0% |
| Amounts payable within one year | 42/48 | €45,754 | €36,102 | -€9,652 | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €13,923 | €0 | -€13,923 | -100.0% |
| Trade debts | 44 | €1,760 | €594 | -€1,166 | -66.3% |
| Suppliers | 440/4 | €1,760 | €594 | -€1,166 | -66.3% |
| Taxes, remuneration and social security | 45 | €10,577 | €9,763 | -€814 | -7.7% |
| Taxes | 450/3 | €6,042 | €6,561 | +€519 | +8.6% |
| Remuneration and social security | 454/9 | €4,535 | €3,202 | -€1,333 | -29.4% |
| Other amounts payable | 47/48 | €19,494 | €25,746 | +€6,252 | +32.1% |
| Accrued charges and deferred income | 492/3 | €816 | €910 | +€94 | +11.5% |
| Non-recurring operating income | 76A | - | €473 | +€473 | |
| Remuneration, social security and pensions | 62 | €31,049 | €22,151 | -€8,898 | -28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,677 | €5,564 | -€13,113 | -70.2% |
| Other operating charges | 640/8 | €2,282 | €3,077 | +€795 | +34.9% |
| Non-recurring operating charges | 66A | - | €2,142 | +€2,142 | |
| Gross operating margin | 9900 | €63,006 | €68,451 | +€5,445 | +8.6% |
| Operating profit (loss) | 9901 | €10,998 | €35,517 | +€24,519 | +222.9% |
| Financial income | 75/76B | €26 | €98 | +€72 | +272.9% |
| Recurring financial income | 75 | €26 | €98 | +€72 | +272.9% |
| Financial charges | 65/66B | €1,269 | €1,468 | +€199 | +15.7% |
| Recurring financial charges | 65 | €1,269 | €1,468 | +€199 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €9,755 | €34,147 | +€24,392 | +250.0% |
| Income taxes | 67/77 | €3,953 | €10,966 | +€7,014 | +177.4% |
| Profit (loss) for the period | 9904 | €5,802 | €23,180 | +€17,378 | +299.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,802 | €23,180 | +€17,378 | +299.5% |
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 12 October 2026 via checked.be.