GREEN BASE: what changed
Two fiscal 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 BASE
Largest movements
- Tangible fixed assets -€1.0m
down €1.0m (-15.0%), from €6.7m to €5.7m
of which Leasing and similar rights: -€1.0m
- Cash +€433,674
up €433,674 (+351.9%), from €123,232 to €556,906
mainly Depreciation (+€1.0m) and Net result for the year (+€301,406)
- Debts after one year -€1.2m
down €1.2m (-66.1%), from €1.8m to €603,717
- Profit (loss) carried forward +€301,406
up €301,406, from -€119,376 to €182,030
- Current portion of long-term debt +€204,206
up €204,206 (+21.0%), from €973,485 to €1.2m
- Reserves +€156,691
up €156,691 (+17.3%), from €905,748 to €1.1m
of which Distributable reserves: +€197,691
- Revaluation surpluses -€156,690
down €156,690 (-14.3%), from €1.1m to €940,146
- Gross operating margin +€546,148
up €546,148 (+56.0%), from €975,712 to €1.5m
- Turnover +€175,686
up €175,686 (+10.8%), from €1.6m to €1.8m
- Purchases and services -€54,140
down €54,140 (-8.2%), from €660,240 to €606,100
- Financial charges -€45,108
down €45,108 (-19.8%), from €228,317 to €183,209
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 | €7,204,377 | €6,591,132 | -€613,246 | -8.5% |
| Fixed assets | 21/28 | €6,679,984 | €5,677,671 | -€1.0m | -15.0% |
| Tangible fixed assets | 22/27 | €6,679,984 | €5,677,671 | -€1.0m | -15.0% |
| Plant, machinery and equipment | 23 | €8,318 | €6,421 | -€1,897 | -22.8% |
| Leasing and similar rights | 25 | €6,671,666 | €5,671,250 | -€1.0m | -15.0% |
| Current assets | 29/58 | €524,393 | €913,460 | +€389,067 | +74.2% |
| Amounts receivable within one year | 40/41 | €401,161 | €355,914 | -€45,247 | -11.3% |
| Trade receivables | 40 | €297,684 | €102,527 | -€195,157 | -65.6% |
| Other amounts receivable | 41 | €103,477 | €253,387 | +€149,910 | +144.9% |
| Cash at bank and in hand | 54/58 | €123,232 | €556,906 | +€433,674 | +351.9% |
| Deferred charges and accrued income | 490/1 | - | €641 | +€641 | |
| Total equity and liabilities | 10/49 | €7,204,377 | €6,591,132 | -€613,246 | -8.5% |
| Equity | 10/15 | €2,633,208 | €2,934,615 | +€301,407 | +11.4% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,096,836 | €940,146 | -€156,690 | -14.3% |
| Reserves | 13 | €905,748 | €1,062,439 | +€156,691 | +17.3% |
| Non-distributable reserves | 130/1 | €41,000 | - | -€41,000 | |
| Reserves not available under the articles | 1311 | €41,000 | - | -€41,000 | |
| Distributable reserves | 133 | €864,748 | €1,062,439 | +€197,691 | +22.9% |
| Profit (loss) carried forward | 14 | -€119,376 | €182,030 | +€301,406 | |
| Amounts payable | 17/49 | €4,571,169 | €3,656,517 | -€914,652 | -20.0% |
| Amounts payable after more than one year | 17 | €1,781,409 | €603,717 | -€1.2m | -66.1% |
| Financial debts | 170/4 | €1,781,409 | €603,717 | -€1.2m | -66.1% |
| Amounts payable within one year | 42/48 | €2,783,772 | €3,052,800 | +€269,028 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €973,485 | €1,177,691 | +€204,206 | +21.0% |
| Trade debts | 44 | €567,167 | €477,413 | -€89,754 | -15.8% |
| Suppliers | 440/4 | €567,167 | €477,413 | -€89,754 | -15.8% |
| Other amounts payable | 47/48 | €1,243,120 | €1,397,695 | +€154,575 | +12.4% |
| Accrued charges and deferred income | 492/3 | €5,988 | - | -€5,988 | |
| Turnover | 70 | €1,625,778 | €1,801,464 | +€175,686 | +10.8% |
| Non-recurring operating income | 76A | - | €321,321 | +€321,321 | |
| Goods, raw materials, services and sundry goods | 60/61 | €660,240 | €606,100 | -€54,140 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,016,818 | €1,019,236 | +€2,418 | +0.2% |
| Other operating charges | 640/8 | €1,030 | €14,803 | +€13,773 | +1337.1% |
| Gross operating margin | 9900 | €975,712 | €1,521,860 | +€546,148 | +56.0% |
| Operating profit (loss) | 9901 | -€42,136 | €487,822 | +€529,958 | |
| Financial income | 75/76B | €1,643 | €0 | -€1,643 | -100.0% |
| Recurring financial income | 75 | €1,643 | €0 | -€1,643 | -100.0% |
| Financial charges | 65/66B | €228,317 | €183,209 | -€45,108 | -19.8% |
| Recurring financial charges | 65 | €228,317 | €183,209 | -€45,108 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€268,810 | €304,612 | +€573,422 | |
| Income taxes | 67/77 | - | €3,206 | +€3,206 | |
| Profit (loss) for the period | 9904 | -€268,810 | €301,406 | +€570,216 | |
| Profit (loss) for the period to be appropriated | 9905 | -€268,810 | €301,406 | +€570,216 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.