INSTAL GREGO: 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.
INSTAL GREGO
Largest movements
- Cash +€2,446
up €2,446 (+38.1%), from €6,428 to €8,874
mainly Investment in fixed assets (net) (+€2,152) and Receivables within one year (+€1,163)
- Tangible fixed assets -€2,152
no longer reported in 2025 (was €2,152)
- Receivables within one year -€1,163
down €1,163 (-9.5%), from €12,272 to €11,109
of which Trade receivables: -€1,910
- Trade debts -€1,621
down €1,621 (-99.0%), from €1,638 to €17
- Profit (loss) carried forward +€552
up €552 (+7.7%), from €7,155 to €7,707
- Gross operating margin +€13,583
up €13,583, from -€10,671 to €2,912
- Financial charges +€2,055
up €2,055 (+1,976%), from €104 to €2,159
of which Non-recurring financial charges: +€2,152
- Depreciation -€524
no longer reported in 2025 (was €524)
- Taxes +€201
new in 2025: €201
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 | €20,852 | €19,983 | -€869 | -4.2% |
| Fixed assets | 21/28 | €2,152 | - | -€2,152 | |
| Tangible fixed assets | 22/27 | €2,152 | - | -€2,152 | |
| Furniture and vehicles | 24 | €2,152 | - | -€2,152 | |
| Current assets | 29/58 | €18,700 | €19,983 | +€1,283 | +6.9% |
| Amounts receivable within one year | 40/41 | €12,272 | €11,109 | -€1,163 | -9.5% |
| Trade receivables | 40 | €1,910 | - | -€1,910 | |
| Other amounts receivable | 41 | €10,362 | €11,109 | +€747 | +7.2% |
| Cash at bank and in hand | 54/58 | €6,428 | €8,874 | +€2,446 | +38.1% |
| Total equity and liabilities | 10/49 | €20,852 | €19,983 | -€869 | -4.2% |
| Equity | 10/15 | €19,214 | €19,766 | +€552 | +2.9% |
| Contributions | 10/11 | €11,420 | €11,420 | = | 0.0% |
| Reserves | 13 | €639 | €639 | = | 0.0% |
| Non-distributable reserves | 130/1 | €639 | €639 | = | 0.0% |
| Reserves not available under the articles | 1311 | €639 | €639 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,155 | €7,707 | +€552 | +7.7% |
| Amounts payable | 17/49 | €1,638 | €217 | -€1,421 | -86.8% |
| Amounts payable within one year | 42/48 | €1,638 | €217 | -€1,421 | -86.8% |
| Trade debts | 44 | €1,638 | €17 | -€1,621 | -99.0% |
| Suppliers | 440/4 | €1,638 | €17 | -€1,621 | -99.0% |
| Taxes, remuneration and social security | 45 | - | €200 | +€200 | |
| Taxes | 450/3 | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €524 | - | -€524 | |
| Gross operating margin | 9900 | -€10,671 | €2,912 | +€13,583 | |
| Operating profit (loss) | 9901 | -€11,195 | €2,912 | +€14,107 | |
| Financial charges | 65/66B | €104 | €2,159 | +€2,055 | +1,976% |
| Recurring financial charges | 65 | €104 | €7 | -€97 | -93.3% |
| Non-recurring financial charges | 66B | - | €2,152 | +€2,152 | |
| Profit (loss) for the period before taxes | 9903 | -€11,299 | €753 | +€12,052 | |
| Income taxes | 67/77 | - | €201 | +€201 | |
| Profit (loss) for the period | 9904 | -€11,299 | €552 | +€11,851 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,299 | €552 | +€11,851 |
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 20 October 2026 via checked.be.