GRELE SOLUTION: what changed
GRELE SOLUTION
Largest movements
- Receivables within one year +€4,276
new in 2025: €4,276
- Cash -€296
down €296 (-2.6%), from €11,483 to €11,187
mainly Receivables within one year (-€4,276) and Trade debts (-€1,315)
- Profit (loss) carried forward +€3,172
up €3,172 (+36.9%), from €8,593 to €11,765
- Tax, wage and social debts +€2,123
up €2,123 (+580%), from €366 to €2,489
- Trade debts -€1,315
down €1,315 (-52.1%), from €2,525 to €1,209
- Turnover +€26,572
up €26,572 (+197%), from €13,497 to €40,069
- Purchases and services +€24,103
up €24,103 (+202%), from €11,915 to €36,018
- Gross operating margin +€2,469
up €2,469 (+156%), from €1,582 to €4,050
- Taxes +€592
up €592 (+256%), from €232 to €824
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 | €11,483 | €15,463 | +€3,979 | +34.7% |
| Current assets | 29/58 | €11,483 | €15,463 | +€3,979 | +34.7% |
| Amounts receivable within one year | 40/41 | - | €4,276 | +€4,276 | |
| Trade receivables | 40 | - | €4,276 | +€4,276 | |
| Cash at bank and in hand | 54/58 | €11,483 | €11,187 | -€296 | -2.6% |
| Total equity and liabilities | 10/49 | €11,483 | €15,463 | +€3,979 | +34.7% |
| Equity | 10/15 | €8,593 | €11,765 | +€3,172 | +36.9% |
| Profit (loss) carried forward | 14 | €8,593 | €11,765 | +€3,172 | +36.9% |
| Amounts payable | 17/49 | €2,890 | €3,698 | +€808 | +27.9% |
| Amounts payable within one year | 42/48 | €2,890 | €3,698 | +€808 | +27.9% |
| Trade debts | 44 | €2,525 | €1,209 | -€1,315 | -52.1% |
| Suppliers | 440/4 | €2,525 | €1,209 | -€1,315 | -52.1% |
| Taxes, remuneration and social security | 45 | €366 | €2,489 | +€2,123 | +580% |
| Taxes | 450/3 | €366 | €2,489 | +€2,123 | +580% |
| Turnover | 70 | €13,497 | €40,069 | +€26,572 | +197% |
| Goods, raw materials, services and sundry goods | 60/61 | €11,915 | €36,018 | +€24,103 | +202% |
| Gross operating margin | 9900 | €1,582 | €4,050 | +€2,469 | +156% |
| Operating profit (loss) | 9901 | €1,582 | €4,050 | +€2,469 | +156% |
| Financial income | 75/76B | €47 | - | -€47 | |
| Recurring financial income | 75 | €47 | - | -€47 | |
| Financial charges | 65/66B | €0 | €55 | +€55 | +27,400% |
| Recurring financial charges | 65 | €0 | €55 | +€55 | +27,400% |
| Profit (loss) for the period before taxes | 9903 | €1,629 | €3,995 | +€2,366 | +145% |
| Income taxes | 67/77 | €232 | €824 | +€592 | +256% |
| Profit (loss) for the period | 9904 | €1,397 | €3,172 | +€1,774 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €1,397 | €3,172 | +€1,774 | +127% |
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 2 November 2026 via checked.be.