Y GRECQUE: 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.
Y GRECQUE
Largest movements
- Cash +€61,308
up €61,308, from €0 to €61,308
mainly Short-term financial debts (+€52,803) and Net result for the year (+€19,436)
- Stocks and contracts -€10,216
down €10,216 (-27.8%), from €36,773 to €26,558
- Tangible fixed assets -€5,990
down €5,990 (-14.2%), from €42,164 to €36,173
of which Land and buildings: -€5,244
- Receivables within one year +€3,311
up €3,311 (+13.5%), from €24,529 to €27,839
of which Trade receivables: +€5,607
- Short-term financial debts +€52,803
up €52,803 (+733.7%), from €7,197 to €60,000
- Other debts -€38,016
down €38,016 (-50.1%), from €75,931 to €37,915
- Reserves +€15,616
new in 2025: €15,616
- Tax, wage and social debts +€8,331
up €8,331 (+181.4%), from €4,592 to €12,923
- Trade debts +€5,859
up €5,859 (+36.5%), from €16,066 to €21,925
- Depreciation -€18,294
down €18,294 (-75.3%), from €24,285 to €5,990
- Taxes +€4,676
up €4,676 (+580.3%), from €806 to €5,482
- Gross operating margin +€3,232
up €3,232 (+9.8%), from €32,886 to €36,118
- Other operating charges -€2,105
down €2,105 (-54.5%), from €3,863 to €1,758
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 | €104,966 | €153,379 | +€48,413 | +46.1% |
| Fixed assets | 21/28 | €43,664 | €37,673 | -€5,990 | -13.7% |
| Tangible fixed assets | 22/27 | €42,164 | €36,173 | -€5,990 | -14.2% |
| Land and buildings | 22 | €38,719 | €33,475 | -€5,244 | -13.5% |
| Plant, machinery and equipment | 23 | €2,714 | €2,133 | -€580 | -21.4% |
| Furniture and vehicles | 24 | €732 | €566 | -€166 | -22.7% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €61,302 | €115,705 | +€54,403 | +88.7% |
| Stocks and contracts in progress | 3 | €36,773 | €26,558 | -€10,216 | -27.8% |
| Stocks | 30/36 | €36,773 | €26,558 | -€10,216 | -27.8% |
| Amounts receivable within one year | 40/41 | €24,529 | €27,839 | +€3,311 | +13.5% |
| Trade receivables | 40 | €22,233 | €27,839 | +€5,607 | +25.2% |
| Other amounts receivable | 41 | €2,296 | €0 | -€2,296 | -100.0% |
| Cash at bank and in hand | 54/58 | €0 | €61,308 | +€61,308 | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €104,966 | €153,379 | +€48,413 | +46.1% |
| Equity | 10/15 | €1,180 | €20,616 | +€19,436 | +1647.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €15,616 | +€15,616 | |
| Distributable reserves | 133 | - | €15,616 | +€15,616 | |
| Profit (loss) carried forward | 14 | -€3,820 | €0 | +€3,820 | |
| Amounts payable | 17/49 | €103,786 | €132,763 | +€28,977 | +27.9% |
| Amounts payable within one year | 42/48 | €103,786 | €132,763 | +€28,977 | +27.9% |
| Financial debts | 43 | €7,197 | €60,000 | +€52,803 | +733.7% |
| Credit institutions | 430/8 | €7,197 | €60,000 | +€52,803 | +733.7% |
| Trade debts | 44 | €16,066 | €21,925 | +€5,859 | +36.5% |
| Suppliers | 440/4 | €16,066 | €21,925 | +€5,859 | +36.5% |
| Taxes, remuneration and social security | 45 | €4,592 | €12,923 | +€8,331 | +181.4% |
| Taxes | 450/3 | €4,592 | €12,923 | +€8,331 | +181.4% |
| Other amounts payable | 47/48 | €75,931 | €37,915 | -€38,016 | -50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,285 | €5,990 | -€18,294 | -75.3% |
| Other operating charges | 640/8 | €3,863 | €1,758 | -€2,105 | -54.5% |
| Gross operating margin | 9900 | €32,886 | €36,118 | +€3,232 | +9.8% |
| Operating profit (loss) | 9901 | €4,739 | €28,370 | +€23,631 | +498.7% |
| Financial income | 75/76B | €122 | €16 | -€106 | -86.6% |
| Recurring financial income | 75 | €122 | €16 | -€106 | -86.6% |
| Financial charges | 65/66B | €3,636 | €3,469 | -€168 | -4.6% |
| Recurring financial charges | 65 | €3,636 | €3,469 | -€168 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €1,225 | €24,918 | +€23,693 | +1934.7% |
| Income taxes | 67/77 | €806 | €5,482 | +€4,676 | +580.3% |
| Profit (loss) for the period | 9904 | €419 | €19,436 | +€19,017 | +4539.7% |
| Profit (loss) for the period to be appropriated | 9905 | €419 | €19,436 | +€19,017 | +4539.7% |
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 10 October 2026 via checked.be.