Advanced Green Solutions: 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.
Advanced Green Solutions
Largest movements
- Cash -€19,216
down €19,216 (-97.9%), from €19,635 to €419
mainly Investment in fixed assets (net) (-€22,893) and Net result for the year (-€21,510)
- Tangible fixed assets +€17,491
up €17,491 (+87.7%), from €19,949 to €37,440
of which Furniture and vehicles: +€20,478
- Receivables within one year -€2,178
down €2,178 (-82.9%), from €2,626 to €448
- Profit (loss) carried forward -€21,106
new in 2025: -€21,106
- Debts after one year +€14,392
new in 2025: €14,392
- Current portion of long-term debt +€3,245
new in 2025: €3,245
- Other debts +€1,149
up €1,149 (+3.1%), from €37,073 to €38,222
- Trade debts -€1,108
down €1,108 (-60.3%), from €1,838 to €730
- Gross operating margin -€30,710
down €30,710, from €15,948 to -€14,762
- Other operating charges -€9,650
down €9,650 (-90.0%), from €10,725 to €1,075
- Depreciation +€915
up €915 (+20.4%), from €4,487 to €5,402
- Taxes -€198
no longer reported in 2025 (was €198)
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 | €42,513 | €38,482 | -€4,031 | -9.5% |
| Fixed assets | 21/28 | €19,949 | €37,440 | +€17,491 | +87.7% |
| Tangible fixed assets | 22/27 | €19,949 | €37,440 | +€17,491 | +87.7% |
| Plant, machinery and equipment | 23 | €19,268 | €16,281 | -€2,987 | -15.5% |
| Furniture and vehicles | 24 | €681 | €21,160 | +€20,478 | +3,006% |
| Current assets | 29/58 | €22,564 | €1,042 | -€21,522 | -95.4% |
| Amounts receivable within one year | 40/41 | €2,626 | €448 | -€2,178 | -82.9% |
| Other amounts receivable | 41 | €2,626 | €448 | -€2,178 | -82.9% |
| Cash at bank and in hand | 54/58 | €19,635 | €419 | -€19,216 | -97.9% |
| Deferred charges and accrued income | 490/1 | €302 | €174 | -€128 | -42.5% |
| Total equity and liabilities | 10/49 | €42,513 | €38,482 | -€4,031 | -9.5% |
| Equity | 10/15 | €3,404 | -€18,106 | -€21,510 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €404 | - | -€404 | |
| Distributable reserves | 133 | €404 | - | -€404 | |
| Profit (loss) carried forward | 14 | - | -€21,106 | -€21,106 | |
| Amounts payable | 17/49 | €39,109 | €56,588 | +€17,479 | +44.7% |
| Amounts payable after more than one year | 17 | - | €14,392 | +€14,392 | |
| Financial debts | 170/4 | - | €14,392 | +€14,392 | |
| Amounts payable within one year | 42/48 | €39,109 | €42,196 | +€3,088 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,245 | +€3,245 | |
| Trade debts | 44 | €1,838 | €730 | -€1,108 | -60.3% |
| Suppliers | 440/4 | €1,838 | €730 | -€1,108 | -60.3% |
| Taxes, remuneration and social security | 45 | €198 | - | -€198 | |
| Taxes | 450/3 | €198 | - | -€198 | |
| Other amounts payable | 47/48 | €37,073 | €38,222 | +€1,149 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,487 | €5,402 | +€915 | +20.4% |
| Other operating charges | 640/8 | €10,725 | €1,075 | -€9,650 | -90.0% |
| Gross operating margin | 9900 | €15,948 | -€14,762 | -€30,710 | |
| Operating profit (loss) | 9901 | €737 | -€21,239 | -€21,976 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €135 | €271 | +€136 | +101% |
| Recurring financial charges | 65 | €135 | €271 | +€136 | +101% |
| Profit (loss) for the period before taxes | 9903 | €602 | -€21,510 | -€22,112 | |
| Income taxes | 67/77 | €198 | - | -€198 | |
| Profit (loss) for the period | 9904 | €404 | -€21,510 | -€21,914 | |
| Profit (loss) for the period to be appropriated | 9905 | €404 | -€21,510 | -€21,914 |
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 17 October 2026 via checked.be.