VASTGOED GRYSON: 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.
VASTGOED GRYSON
Largest movements
- Current investments +€1.0m
new in 2025: €1.0m
- Receivables within one year -€334,911
down €334,911 (-15.0%), from €2.2m to €1.9m
of which Other amounts receivable: -€317,568
- Stocks and contracts +€222,401
up €222,401 (+13.3%), from €1.7m to €1.9m
- Other debts +€777,372
up €777,372 (+139%), from €559,623 to €1.3m
- Tax, wage and social debts +€194,110
up €194,110 (+717%), from €27,086 to €221,195
of which Taxes: +€193,362
- Reserves -€160,681
down €160,681 (-3.6%), from €4.4m to €4.3m
of which Distributable reserves: -€160,681
- Gross operating margin +€264,696
up €264,696 (+32.1%), from €824,776 to €1.1m
- Taxes +€79,738
up €79,738 (+37.2%), from €214,525 to €294,264
- Other operating charges +€16,405
up €16,405 (+668%), from €2,454 to €18,859
- Financial income -€14,287
down €14,287 (-58.1%), from €24,576 to €10,289
of which Non-recurring financial income: -€9,317
- Depreciation +€14,006
up €14,006 (+76.5%), from €18,313 to €32,320
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 | €5,162,024 | €5,959,948 | +€797,924 | +15.5% |
| Fixed assets | 21/28 | €205,057 | €173,873 | -€31,184 | -15.2% |
| Tangible fixed assets | 22/27 | €194,011 | €165,452 | -€28,559 | -14.7% |
| Land and buildings | 22 | €121,055 | €105,055 | -€16,000 | -13.2% |
| Plant, machinery and equipment | 23 | €3,572 | €4,045 | +€473 | +13.2% |
| Furniture and vehicles | 24 | €69,384 | €56,352 | -€13,032 | -18.8% |
| Financial fixed assets | 28 | €11,046 | €8,421 | -€2,625 | -23.8% |
| Current assets | 29/58 | €4,956,966 | €5,786,074 | +€829,108 | +16.7% |
| Stocks and contracts in progress | 3 | €1,670,710 | €1,893,111 | +€222,401 | +13.3% |
| Stocks | 30/36 | €1,670,710 | €1,893,111 | +€222,401 | +13.3% |
| Amounts receivable within one year | 40/41 | €2,227,853 | €1,892,943 | -€334,911 | -15.0% |
| Trade receivables | 40 | €216,564 | €199,222 | -€17,342 | -8.0% |
| Other amounts receivable | 41 | €2,011,289 | €1,693,721 | -€317,568 | -15.8% |
| Current investments | 50/53 | - | €1,000,000 | +€1.0m | |
| Cash at bank and in hand | 54/58 | €1,054,412 | €996,339 | -€58,073 | -5.5% |
| Deferred charges and accrued income | 490/1 | €3,992 | €3,682 | -€310 | -7.8% |
| Total equity and liabilities | 10/49 | €5,162,024 | €5,959,948 | +€797,924 | +15.5% |
| Equity | 10/15 | €4,474,267 | €4,313,586 | -€160,681 | -3.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €4,449,267 | €4,288,586 | -€160,681 | -3.6% |
| Tax-exempt reserves | 132 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €4,441,767 | €4,281,086 | -€160,681 | -3.6% |
| Profit (loss) carried forward | 14 | - | €0 | +€0 | |
| Amounts payable | 17/49 | €687,757 | €1,646,362 | +€958,605 | +139% |
| Amounts payable after more than one year | 17 | €435 | €435 | = | 0.0% |
| Other amounts payable | 178/9 | €435 | €435 | = | 0.0% |
| Amounts payable within one year | 42/48 | €687,322 | €1,645,927 | +€958,605 | +139% |
| Trade debts | 44 | €100,614 | €87,736 | -€12,877 | -12.8% |
| Suppliers | 440/4 | €100,614 | €87,736 | -€12,877 | -12.8% |
| Taxes, remuneration and social security | 45 | €27,086 | €221,195 | +€194,110 | +717% |
| Taxes | 450/3 | €13,214 | €206,576 | +€193,362 | +1,463% |
| Remuneration and social security | 454/9 | €13,872 | €14,620 | +€748 | +5.4% |
| Other amounts payable | 47/48 | €559,623 | €1,336,995 | +€777,372 | +139% |
| Remuneration, social security and pensions | 62 | €94,610 | €84,607 | -€10,003 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,313 | €32,320 | +€14,006 | +76.5% |
| Other operating charges | 640/8 | €2,454 | €18,859 | +€16,405 | +668% |
| Non-recurring operating charges | 66A | €4,670 | - | -€4,670 | |
| Gross operating margin | 9900 | €824,776 | €1,089,472 | +€264,696 | +32.1% |
| Operating profit (loss) | 9901 | €704,729 | €953,687 | +€248,958 | +35.3% |
| Financial income | 75/76B | €24,576 | €10,289 | -€14,287 | -58.1% |
| Recurring financial income | 75 | €15,259 | €10,289 | -€4,970 | -32.6% |
| Non-recurring financial income | 76B | €9,317 | - | -€9,317 | |
| Financial charges | 65/66B | €41,787 | €35,962 | -€5,825 | -13.9% |
| Recurring financial charges | 65 | €41,787 | €35,962 | -€5,825 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €687,517 | €928,013 | +€240,496 | +35.0% |
| Income taxes | 67/77 | €214,525 | €294,264 | +€79,738 | +37.2% |
| Profit (loss) for the period | 9904 | €472,992 | €633,750 | +€160,758 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €472,992 | €633,750 | +€160,758 | +34.0% |
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 27 October 2026 via checked.be.