Gryson Construct: what changed
Two fiscal 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 Construct
Largest movements
- Current investments -€1.0m
down €1.0m (-100.0%), from €1.0m to €0
- Cash -€101,988
down €101,988 (-26.2%), from €388,976 to €286,988
mainly Contributions, distributions and other (-€1.1m) and Stocks and contracts (-€32,808)
- Stocks and contracts +€32,808
up €32,808 (+87.9%), from €37,341 to €70,148
of which Stocks: +€70,148
- Receivables within one year -€17,645
down €17,645 (-56.8%), from €31,052 to €13,406
of which Other amounts receivable: -€20,749
- Reserves -€1.1m
down €1.1m (-73.4%), from €1.5m to €394,816
- Financial income +€17,772
up €17,772 (+255.3%), from €6,962 to €24,734
- Gross operating margin +€7,418
up €7,418 (+23.1%), from -€32,059 to -€24,641
- Financial charges -€1,149
down €1,149 (-56.1%), from €2,048 to €899
- Other operating charges +€1,099
up €1,099 (+441.8%), from €249 to €1,348
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 | €1,468,966 | €376,163 | -€1.1m | -74.4% |
| Fixed assets | 21/28 | €6,300 | €5,432 | -€868 | -13.8% |
| Tangible fixed assets | 22/27 | €5,828 | €4,960 | -€868 | -14.9% |
| Land and buildings | 22 | €5,775 | €4,960 | -€815 | -14.1% |
| Furniture and vehicles | 24 | €53 | €0 | -€53 | -100.0% |
| Financial fixed assets | 28 | €472 | €472 | = | 0.0% |
| Current assets | 29/58 | €1,462,666 | €370,731 | -€1.1m | -74.7% |
| Stocks and contracts in progress | 3 | €37,341 | €70,148 | +€32,808 | +87.9% |
| Stocks | 30/36 | - | €70,148 | +€70,148 | |
| Contracts in progress | 37 | €37,341 | €0 | -€37,341 | -100.0% |
| Amounts receivable within one year | 40/41 | €31,052 | €13,406 | -€17,645 | -56.8% |
| Trade receivables | 40 | €2,883 | €5,986 | +€3,103 | +107.7% |
| Other amounts receivable | 41 | €28,169 | €7,420 | -€20,749 | -73.7% |
| Current investments | 50/53 | €1,004,873 | €0 | -€1.0m | -100.0% |
| Cash at bank and in hand | 54/58 | €388,976 | €286,988 | -€101,988 | -26.2% |
| Deferred charges and accrued income | 490/1 | €424 | €189 | -€235 | -55.5% |
| Total equity and liabilities | 10/49 | €1,468,966 | €376,163 | -€1.1m | -74.4% |
| Equity | 10/15 | €1,466,545 | €373,329 | -€1.1m | -74.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,483,833 | €394,816 | -€1.1m | -73.4% |
| Distributable reserves | 133 | €1,483,833 | €394,816 | -€1.1m | -73.4% |
| Profit (loss) carried forward | 14 | -€37,289 | -€41,486 | -€4,198 | -11.3% |
| Amounts payable | 17/49 | €2,422 | €2,834 | +€412 | +17.0% |
| Amounts payable within one year | 42/48 | €2,179 | €2,834 | +€654 | +30.0% |
| Trade debts | 44 | €2,179 | €2,663 | +€483 | +22.2% |
| Suppliers | 440/4 | €2,179 | €2,663 | +€483 | +22.2% |
| Taxes, remuneration and social security | 45 | - | €171 | +€171 | |
| Taxes | 450/3 | - | €171 | +€171 | |
| Accrued charges and deferred income | 492/3 | €242 | €0 | -€242 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €878 | €868 | -€9 | -1.1% |
| Other operating charges | 640/8 | €249 | €1,348 | +€1,099 | +441.8% |
| Non-recurring operating charges | 66A | €4,343 | €1,176 | -€3,167 | -72.9% |
| Gross operating margin | 9900 | -€32,059 | -€24,641 | +€7,418 | +23.1% |
| Operating profit (loss) | 9901 | -€37,528 | -€28,032 | +€9,496 | +25.3% |
| Financial income | 75/76B | €6,962 | €24,734 | +€17,772 | +255.3% |
| Recurring financial income | 75 | €6,962 | €24,734 | +€17,772 | +255.3% |
| Financial charges | 65/66B | €2,048 | €899 | -€1,149 | -56.1% |
| Recurring financial charges | 65 | €2,048 | €899 | -€1,149 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | -€32,614 | -€4,198 | +€28,416 | +87.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€32,614 | -€4,198 | +€28,416 | +87.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,614 | -€4,198 | +€28,416 | +87.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.