GREEN ACTIVITIES: 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.
GREEN ACTIVITIES
Largest movements
- Cash -€20,122
down €20,122 (-87.2%), from €23,066 to €2,945
mainly Net result for the year (-€26,167) and Receivables within one year (-€15,483)
- Receivables within one year +€15,483
up €15,483 (+762%), from €2,031 to €17,514
of which Trade receivables: +€15,588
- Tangible fixed assets -€6,808
down €6,808 (-22.3%), from €30,504 to €23,695
of which Furniture and vehicles: -€8,435
- Profit (loss) carried forward -€26,167
down €26,167 (-79.0%), from €33,138 to €6,972
- Trade debts +€10,374
up €10,374 (+1,601%), from €648 to €11,022
- Debts after one year -€4,779
down €4,779 (-65.8%), from €7,263 to €2,484
- Advances received +€4,542
new in 2025: €4,542
- Tax, wage and social debts +€3,038
up €3,038 (+38.2%), from €7,954 to €10,992
- Gross operating margin -€67,122
down €67,122, from €51,183 to -€15,939
- Taxes -€7,954
no longer reported in 2025 (was €7,954)
- Depreciation +€874
up €874 (+10.3%), from €8,477 to €9,351
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 | €56,789 | €45,307 | -€11,482 | -20.2% |
| Formation expenses | 20 | €193 | - | -€193 | |
| Fixed assets | 21/28 | €30,504 | €23,695 | -€6,808 | -22.3% |
| Tangible fixed assets | 22/27 | €30,504 | €23,695 | -€6,808 | -22.3% |
| Plant, machinery and equipment | 23 | €930 | €2,556 | +€1,626 | +175% |
| Furniture and vehicles | 24 | €29,574 | €21,139 | -€8,435 | -28.5% |
| Current assets | 29/58 | €26,092 | €21,612 | -€4,480 | -17.2% |
| Amounts receivable within one year | 40/41 | €2,031 | €17,514 | +€15,483 | +762% |
| Trade receivables | 40 | €1,211 | €16,799 | +€15,588 | +1,287% |
| Other amounts receivable | 41 | €820 | €716 | -€105 | -12.7% |
| Cash at bank and in hand | 54/58 | €23,066 | €2,945 | -€20,122 | -87.2% |
| Deferred charges and accrued income | 490/1 | €995 | €1,153 | +€158 | +15.9% |
| Total equity and liabilities | 10/49 | €56,789 | €45,307 | -€11,482 | -20.2% |
| Equity | 10/15 | €36,138 | €9,972 | -€26,167 | -72.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,138 | €6,972 | -€26,167 | -79.0% |
| Amounts payable | 17/49 | €20,651 | €35,335 | +€14,685 | +71.1% |
| Amounts payable after more than one year | 17 | €7,263 | €2,484 | -€4,779 | -65.8% |
| Financial debts | 170/4 | €7,263 | €2,484 | -€4,779 | -65.8% |
| Amounts payable within one year | 42/48 | €13,387 | €31,852 | +€18,464 | +138% |
| Current portion of amounts payable after more than one year | 42 | €4,539 | €4,779 | +€241 | +5.3% |
| Trade debts | 44 | €648 | €11,022 | +€10,374 | +1,601% |
| Suppliers | 440/4 | €648 | €11,022 | +€10,374 | +1,601% |
| Advances received on contracts in progress | 46 | - | €4,542 | +€4,542 | |
| Taxes, remuneration and social security | 45 | €7,954 | €10,992 | +€3,038 | +38.2% |
| Taxes | 450/3 | €7,954 | €10,992 | +€3,038 | +38.2% |
| Other amounts payable | 47/48 | €246 | €517 | +€271 | +110% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,477 | €9,351 | +€874 | +10.3% |
| Other operating charges | 640/8 | €533 | €143 | -€390 | -73.2% |
| Gross operating margin | 9900 | €51,183 | -€15,939 | -€67,122 | |
| Operating profit (loss) | 9901 | €42,172 | -€25,434 | -€67,606 | |
| Financial income | 75/76B | €1 | €1 | -€0 | -28.1% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -28.1% |
| Financial charges | 65/66B | €1,081 | €734 | -€347 | -32.1% |
| Recurring financial charges | 65 | €1,081 | €734 | -€347 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €41,093 | -€26,167 | -€67,259 | |
| Income taxes | 67/77 | €7,954 | - | -€7,954 | |
| Profit (loss) for the period | 9904 | €33,138 | -€26,167 | -€59,305 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,138 | -€26,167 | -€59,305 |
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 26 October 2026 via checked.be.