LE GREY RESIDENCE: what changed
LE GREY RESIDENCE
Largest movements
- Receivables within one year -€31,155
down €31,155 (-45.4%), from €68,654 to €37,499
of which Trade receivables: -€33,714
- Tangible fixed assets +€29,624
up €29,624 (+13.8%), from €214,824 to €244,448
- Cash -€9,833
down €9,833 (-51.2%), from €19,215 to €9,382
mainly Investment in fixed assets (net) (-€127,118) and Trade debts (-€7,964)
- Trade debts -€7,964
down €7,964 (-3.1%), from €254,151 to €246,187
- Accrued charges and deferred income -€7,528
no longer reported in 2025 (was €7,528)
- Tax, wage and social debts +€6,457
up €6,457 (+131%), from €4,926 to €11,383
of which Taxes: +€6,726
- Depreciation -€55,060
down €55,060 (-36.1%), from €152,554 to €97,494
- Staff costs +€31,857
up €31,857 (+166%), from €19,180 to €51,037
- Gross operating margin -€22,014
down €22,014 (-11.5%), from €190,708 to €168,694
- Other operating charges +€9,185
up €9,185 (+249%), from €3,696 to €12,881
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €302,693 | €293,512 | -€9,181 | -3.0% |
| Fixed assets | 21/28 | €214,824 | €244,448 | +€29,624 | +13.8% |
| Tangible fixed assets | 22/27 | €214,824 | €244,448 | +€29,624 | +13.8% |
| Furniture and vehicles | 24 | €214,824 | €244,448 | +€29,624 | +13.8% |
| Current assets | 29/58 | €87,869 | €49,064 | -€38,805 | -44.2% |
| Amounts receivable within one year | 40/41 | €68,654 | €37,499 | -€31,155 | -45.4% |
| Trade receivables | 40 | €66,986 | €33,272 | -€33,714 | -50.3% |
| Other amounts receivable | 41 | €1,668 | €4,227 | +€2,559 | +153% |
| Cash at bank and in hand | 54/58 | €19,215 | €9,382 | -€9,833 | -51.2% |
| Deferred charges and accrued income | 490/1 | - | €2,183 | +€2,183 | |
| Total equity and liabilities | 10/49 | €302,693 | €293,512 | -€9,181 | -3.0% |
| Equity | 10/15 | €36,088 | €35,942 | -€146 | -0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33 | €33 | = | 0.0% |
| Non-distributable reserves | 130/1 | €33 | €33 | = | 0.0% |
| Reserves not available under the articles | 1311 | €33 | €33 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,855 | €29,709 | -€146 | -0.5% |
| Amounts payable | 17/49 | €266,605 | €257,570 | -€9,035 | -3.4% |
| Amounts payable within one year | 42/48 | €259,077 | €257,570 | -€1,507 | -0.6% |
| Trade debts | 44 | €254,151 | €246,187 | -€7,964 | -3.1% |
| Suppliers | 440/4 | €254,151 | €246,187 | -€7,964 | -3.1% |
| Taxes, remuneration and social security | 45 | €4,926 | €11,383 | +€6,457 | +131% |
| Taxes | 450/3 | €3,520 | €10,246 | +€6,726 | +191% |
| Remuneration and social security | 454/9 | €1,406 | €1,137 | -€269 | -19.1% |
| Accrued charges and deferred income | 492/3 | €7,528 | - | -€7,528 | |
| Remuneration, social security and pensions | 62 | €19,180 | €51,037 | +€31,857 | +166% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,554 | €97,494 | -€55,060 | -36.1% |
| Other operating charges | 640/8 | €3,696 | €12,881 | +€9,185 | +249% |
| Gross operating margin | 9900 | €190,708 | €168,694 | -€22,014 | -11.5% |
| Operating profit (loss) | 9901 | €15,278 | €7,282 | -€7,996 | -52.3% |
| Financial income | 75/76B | €30 | €39 | +€9 | +30.0% |
| Recurring financial income | 75 | €30 | €39 | +€9 | +30.0% |
| Financial charges | 65/66B | €2,638 | €2,660 | +€22 | +0.8% |
| Recurring financial charges | 65 | €2,638 | €2,660 | +€22 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €12,670 | €4,661 | -€8,009 | -63.2% |
| Income taxes | 67/77 | €3,520 | €4,807 | +€1,287 | +36.6% |
| Profit (loss) for the period | 9904 | €9,150 | -€146 | -€9,296 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,150 | -€146 | -€9,296 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.