GREEN BIRD: 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 BIRD
Largest movements
- Tangible fixed assets -€14,802
down €14,802 (-7.0%), from €210,337 to €195,534
of which Land and buildings: -€14,074
- Debts after one year -€14,338
down €14,338 (-11.8%), from €121,240 to €106,902
of which Financial debts: -€14,757
- Gross operating margin +€8,039
up €8,039 (+26.4%), from €30,464 to €38,503
- Taxes +€1,961
up €1,961 (+97.2%), from €2,018 to €3,979
- Depreciation +€519
up €519 (+3.6%), from €14,283 to €14,802
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 | €252,731 | €238,153 | -€14,577 | -5.8% |
| Fixed assets | 21/28 | €210,337 | €195,534 | -€14,802 | -7.0% |
| Tangible fixed assets | 22/27 | €210,337 | €195,534 | -€14,802 | -7.0% |
| Land and buildings | 22 | €208,308 | €194,233 | -€14,074 | -6.8% |
| Plant, machinery and equipment | 23 | €2,029 | €1,301 | -€728 | -35.9% |
| Current assets | 29/58 | €42,394 | €42,619 | +€225 | +0.5% |
| Amounts receivable within one year | 40/41 | €12 | €106 | +€94 | +760.1% |
| Other amounts receivable | 41 | €12 | €106 | +€94 | +760.1% |
| Cash at bank and in hand | 54/58 | €42,382 | €42,513 | +€131 | +0.3% |
| Total equity and liabilities | 10/49 | €252,731 | €238,153 | -€14,577 | -5.8% |
| Equity | 10/15 | €100,080 | €100,057 | -€22 | 0.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80 | €57 | -€22 | -28.1% |
| Amounts payable | 17/49 | €152,651 | €138,096 | -€14,555 | -9.5% |
| Amounts payable after more than one year | 17 | €121,240 | €106,902 | -€14,338 | -11.8% |
| Financial debts | 170/4 | €69,571 | €54,815 | -€14,757 | -21.2% |
| Other amounts payable | 178/9 | €51,669 | €52,088 | +€419 | +0.8% |
| Amounts payable within one year | 42/48 | €30,786 | €30,569 | -€217 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €14,350 | €14,757 | +€406 | +2.8% |
| Taxes, remuneration and social security | 45 | €1,491 | €2,378 | +€887 | +59.4% |
| Taxes | 450/3 | €1,491 | €2,378 | +€887 | +59.4% |
| Other amounts payable | 47/48 | €14,944 | €13,434 | -€1,510 | -10.1% |
| Accrued charges and deferred income | 492/3 | €625 | €625 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,283 | €14,802 | +€519 | +3.6% |
| Other operating charges | 640/8 | €3,574 | €3,729 | +€155 | +4.3% |
| Gross operating margin | 9900 | €30,464 | €38,503 | +€8,039 | +26.4% |
| Operating profit (loss) | 9901 | €12,607 | €19,972 | +€7,365 | +58.4% |
| Financial income | 75/76B | €232 | €244 | +€12 | +5.3% |
| Recurring financial income | 75 | €232 | €244 | +€12 | +5.3% |
| Financial charges | 65/66B | €4,793 | €4,459 | -€334 | -7.0% |
| Recurring financial charges | 65 | €4,793 | €4,459 | -€334 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €8,046 | €15,757 | +€7,711 | +95.8% |
| Income taxes | 67/77 | €2,018 | €3,979 | +€1,961 | +97.2% |
| Profit (loss) for the period | 9904 | €6,027 | €11,778 | +€5,750 | +95.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,027 | €11,778 | +€5,750 | +95.4% |
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 8 October 2026 via checked.be.