GL GREEN: 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.
GL GREEN
Largest movements
- Cash +€17,022
up €17,022 (+119.4%), from €14,250 to €31,272
mainly Other debts (+€30,000) and Depreciation (+€6,664)
- Tangible fixed assets -€6,664
down €6,664 (-18.8%), from €35,389 to €28,725
- Receivables within one year +€1,048
up €1,048 (+16.1%), from €6,515 to €7,563
of which Trade receivables: +€1,313
- Other debts +€30,000
up €30,000 (+16390.8%), from €183 to €30,183
- Debts after one year -€21,131
down €21,131 (-65.8%), from €32,103 to €10,972
- Profit (loss) carried forward -€5,166
down €5,166 (-12.6%), from -€41,057 to -€46,223
- Accrued charges and deferred income +€5,100
up €5,100 (+200.0%), from €2,550 to €7,650
- Tax, wage and social debts +€2,433
up €2,433, from €0 to €2,433
- Gross operating margin +€1,310
up €1,310 (+44.4%), from €2,952 to €4,262
- Financial charges -€1,030
down €1,030 (-30.4%), from €3,390 to €2,361
- Other operating charges -€44
down €44 (-9.8%), from €446 to €403
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 | €56,154 | €67,559 | +€11,405 | +20.3% |
| Fixed assets | 21/28 | €35,389 | €28,725 | -€6,664 | -18.8% |
| Tangible fixed assets | 22/27 | €35,389 | €28,725 | -€6,664 | -18.8% |
| Plant, machinery and equipment | 23 | €35,389 | €28,725 | -€6,664 | -18.8% |
| Current assets | 29/58 | €20,765 | €38,834 | +€18,069 | +87.0% |
| Amounts receivable within one year | 40/41 | €6,515 | €7,563 | +€1,048 | +16.1% |
| Trade receivables | 40 | €6,250 | €7,563 | +€1,313 | +21.0% |
| Other amounts receivable | 41 | €265 | - | -€265 | |
| Cash at bank and in hand | 54/58 | €14,250 | €31,272 | +€17,022 | +119.4% |
| Total equity and liabilities | 10/49 | €56,154 | €67,559 | +€11,405 | +20.3% |
| Equity | 10/15 | -€9,557 | -€14,723 | -€5,166 | -54.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,500 | €1,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,500 | €1,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,057 | -€46,223 | -€5,166 | -12.6% |
| Amounts payable | 17/49 | €65,711 | €82,282 | +€16,571 | +25.2% |
| Amounts payable after more than one year | 17 | €32,103 | €10,972 | -€21,131 | -65.8% |
| Financial debts | 170/4 | €32,103 | €10,972 | -€21,131 | -65.8% |
| Amounts payable within one year | 42/48 | €31,058 | €63,660 | +€32,602 | +105.0% |
| Current portion of amounts payable after more than one year | 42 | €20,090 | €21,131 | +€1,040 | +5.2% |
| Trade debts | 44 | €10,785 | €9,913 | -€872 | -8.1% |
| Suppliers | 440/4 | €10,785 | €9,913 | -€872 | -8.1% |
| Taxes, remuneration and social security | 45 | €0 | €2,433 | +€2,433 | |
| Taxes | 450/3 | €0 | €2,433 | +€2,433 | |
| Other amounts payable | 47/48 | €183 | €30,183 | +€30,000 | +16390.8% |
| Accrued charges and deferred income | 492/3 | €2,550 | €7,650 | +€5,100 | +200.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,668 | €6,664 | -€4 | -0.1% |
| Other operating charges | 640/8 | €446 | €403 | -€44 | -9.8% |
| Non-recurring operating charges | 66A | €4,064 | - | -€4,064 | |
| Gross operating margin | 9900 | €2,952 | €4,262 | +€1,310 | +44.4% |
| Operating profit (loss) | 9901 | -€8,226 | -€2,805 | +€5,421 | +65.9% |
| Financial charges | 65/66B | €3,390 | €2,361 | -€1,030 | -30.4% |
| Recurring financial charges | 65 | €3,390 | €2,361 | -€1,030 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,617 | -€5,166 | +€6,451 | +55.5% |
| Profit (loss) for the period | 9904 | -€11,617 | -€5,166 | +€6,451 | +55.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,617 | -€5,166 | +€6,451 | +55.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.