GREACLEAN: what changed
GREACLEAN
Largest movements
- Cash +€34,423
up €34,423 (+135%), from €25,420 to €59,843
mainly Tax, wage and social debts (+€46,420) and Net result for the year (+€14,054)
- Tangible fixed assets +€15,074
up €15,074 (+140%), from €10,806 to €25,880
of which Furniture and vehicles: +€15,705
- Deferred charges and accrued income +€6,651
up €6,651 (+129%), from €5,136 to €11,787
- Receivables within one year +€1,947
up €1,947 (+2.6%), from €76,253 to €78,200
of which Other amounts receivable: +€17,844
- Tax, wage and social debts +€46,420
up €46,420 (+154%), from €30,235 to €76,655
of which Remuneration and social security: +€40,868
- Profit (loss) carried forward +€14,054
up €14,054 (+34.8%), from €40,331 to €54,385
- Trade debts -€11,135
down €11,135 (-60.4%), from €18,446 to €7,311
- Debts after one year +€10,730
up €10,730 (+96.9%), from €11,075 to €21,805
- Other debts -€4,300
down €4,300 (-100%), from €4,300 to €0
- Staff costs +€173,777
up €173,777 (+99.0%), from €175,586 to €349,364
- Gross operating margin +€142,196
up €142,196 (+60.6%), from €234,685 to €376,881
- Taxes -€8,288
down €8,288 (-97.1%), from €8,534 to €246
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 | €117,977 | €178,570 | +€60,593 | +51.4% |
| Fixed assets | 21/28 | €11,169 | €28,741 | +€17,572 | +157% |
| Intangible fixed assets | 21 | - | €1,198 | +€1,198 | |
| Tangible fixed assets | 22/27 | €10,806 | €25,880 | +€15,074 | +140% |
| Plant, machinery and equipment | 23 | €2,945 | €2,314 | -€630 | -21.4% |
| Furniture and vehicles | 24 | €7,861 | €23,566 | +€15,705 | +200% |
| Financial fixed assets | 28 | €363 | €1,663 | +€1,300 | +358% |
| Current assets | 29/58 | €106,808 | €149,829 | +€43,021 | +40.3% |
| Amounts receivable within one year | 40/41 | €76,253 | €78,200 | +€1,947 | +2.6% |
| Trade receivables | 40 | €73,713 | €57,817 | -€15,897 | -21.6% |
| Other amounts receivable | 41 | €2,539 | €20,383 | +€17,844 | +703% |
| Cash at bank and in hand | 54/58 | €25,420 | €59,843 | +€34,423 | +135% |
| Deferred charges and accrued income | 490/1 | €5,136 | €11,787 | +€6,651 | +129% |
| Total equity and liabilities | 10/49 | €117,977 | €178,570 | +€60,593 | +51.4% |
| Equity | 10/15 | €50,331 | €64,385 | +€14,054 | +27.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,331 | €54,385 | +€14,054 | +34.8% |
| Amounts payable | 17/49 | €67,646 | €114,185 | +€46,539 | +68.8% |
| Amounts payable after more than one year | 17 | €11,075 | €21,805 | +€10,730 | +96.9% |
| Financial debts | 170/4 | €11,075 | €21,805 | +€10,730 | +96.9% |
| Amounts payable within one year | 42/48 | €56,571 | €91,380 | +€34,809 | +61.5% |
| Current portion of amounts payable after more than one year | 42 | €3,590 | €7,414 | +€3,824 | +107% |
| Trade debts | 44 | €18,446 | €7,311 | -€11,135 | -60.4% |
| Suppliers | 440/4 | €18,446 | €7,311 | -€11,135 | -60.4% |
| Taxes, remuneration and social security | 45 | €30,235 | €76,655 | +€46,420 | +154% |
| Taxes | 450/3 | €13,917 | €19,469 | +€5,552 | +39.9% |
| Remuneration and social security | 454/9 | €16,318 | €57,186 | +€40,868 | +250% |
| Other amounts payable | 47/48 | €4,300 | €0 | -€4,300 | -100% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €175,586 | €349,364 | +€173,777 | +99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,697 | €9,890 | +€193 | +2.0% |
| Other operating charges | 640/8 | €333 | €819 | +€486 | +146% |
| Gross operating margin | 9900 | €234,685 | €376,881 | +€142,196 | +60.6% |
| Operating profit (loss) | 9901 | €49,069 | €16,808 | -€32,260 | -65.7% |
| Financial income | 75/76B | €0 | €316 | +€316 | +3,163,300% |
| Recurring financial income | 75 | €0 | €316 | +€316 | +3,163,300% |
| Financial charges | 65/66B | €969 | €2,825 | +€1,856 | +191% |
| Recurring financial charges | 65 | €969 | €2,825 | +€1,856 | +191% |
| Profit (loss) for the period before taxes | 9903 | €48,099 | €14,300 | -€33,799 | -70.3% |
| Income taxes | 67/77 | €8,534 | €246 | -€8,288 | -97.1% |
| Profit (loss) for the period | 9904 | €39,565 | €14,054 | -€25,511 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,565 | €14,054 | -€25,511 | -64.5% |
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 6 November 2026 via checked.be.