Green Code Labs: 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 Code Labs
Largest movements
- Receivables within one year +€48,456
up €48,456 (+908.1%), from €5,336 to €53,792
of which Trade receivables: +€27,991
- Cash +€37,162
new in 2024: €37,162
mainly Net result for the year (+€44,095) and Trade debts (+€30,428)
- Profit (loss) carried forward +€43,754
up €43,754 (+2567.7%), from €1,704 to €45,458
- Trade debts +€30,428
up €30,428 (+8434.0%), from €361 to €30,789
- Tax, wage and social debts +€8,116
up €8,116 (+226.0%), from €3,591 to €11,707
of which Taxes: +€10,781
- Contributions +€3,000
new in 2024: €3,000
- Gross operating margin +€52,189
up €52,189 (+1194.6%), from €4,369 to €56,558
- Taxes +€11,366
new in 2024: €11,366
- Staff costs -€2,188
down €2,188 (-82.1%), from €2,665 to €477
- Other operating charges +€776
new in 2024: €776
- Financial income +€661
new in 2024: €661
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,656 | €90,954 | +€85,298 | +1508.2% |
| Current assets | 29/58 | €5,656 | €90,954 | +€85,298 | +1508.2% |
| Amounts receivable within one year | 40/41 | €5,336 | €53,792 | +€48,456 | +908.1% |
| Trade receivables | 40 | €5,336 | €33,327 | +€27,991 | +524.6% |
| Other amounts receivable | 41 | - | €20,466 | +€20,466 | |
| Cash at bank and in hand | 54/58 | - | €37,162 | +€37,162 | |
| Deferred charges and accrued income | 490/1 | €320 | - | -€320 | |
| Total equity and liabilities | 10/49 | €5,656 | €90,954 | +€85,298 | +1508.2% |
| Equity | 10/15 | €1,704 | €48,458 | +€46,754 | +2743.7% |
| Contributions | 10/11 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €1,704 | €45,458 | +€43,754 | +2567.7% |
| Amounts payable | 17/49 | €3,952 | €42,496 | +€38,545 | +975.4% |
| Amounts payable within one year | 42/48 | €3,952 | €42,496 | +€38,545 | +975.4% |
| Trade debts | 44 | €361 | €30,789 | +€30,428 | +8434.0% |
| Suppliers | 440/4 | €361 | €30,789 | +€30,428 | +8434.0% |
| Taxes, remuneration and social security | 45 | €3,591 | €11,707 | +€8,116 | +226.0% |
| Taxes | 450/3 | €926 | €11,707 | +€10,781 | +1164.2% |
| Remuneration and social security | 454/9 | €2,665 | - | -€2,665 | |
| Remuneration, social security and pensions | 62 | €2,665 | €477 | -€2,188 | -82.1% |
| Other operating charges | 640/8 | - | €776 | +€776 | |
| Gross operating margin | 9900 | €4,369 | €56,558 | +€52,189 | +1194.6% |
| Operating profit (loss) | 9901 | €1,704 | €55,306 | +€53,602 | +3145.6% |
| Financial income | 75/76B | - | €661 | +€661 | |
| Recurring financial income | 75 | - | €661 | +€661 | |
| Financial charges | 65/66B | - | €507 | +€507 | |
| Recurring financial charges | 65 | - | €507 | +€507 | |
| Profit (loss) for the period before taxes | 9903 | €1,704 | €55,461 | +€53,757 | +3154.7% |
| Income taxes | 67/77 | - | €11,366 | +€11,366 | |
| Profit (loss) for the period | 9904 | €1,704 | €44,095 | +€42,391 | +2487.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,704 | €44,095 | +€42,391 | +2487.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.