GREEN CONCEPT & SERVICES: 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 CONCEPT & SERVICES
Largest movements
- Cash +€72,078
up €72,078 (+84.7%), from €85,109 to €157,187
mainly Depreciation (+€258,939) and Tax, wage and social debts (+€39,608)
- Tangible fixed assets -€41,719
down €41,719 (-8.0%), from €520,222 to €478,503
of which Other tangible fixed assets: -€49,667
- Stocks and contracts -€9,309
down €9,309 (-15.9%), from €58,501 to €49,191
- Tax, wage and social debts +€39,608
up €39,608 (+48.9%), from €80,976 to €120,584
of which Remuneration and social security: +€20,667
- Trade debts -€39,209
down €39,209 (-33.3%), from €117,891 to €78,682
- Accrued charges and deferred income +€22,706
up €22,706 (+22.6%), from €100,378 to €123,084
- Debts after one year -€22,291
down €22,291 (-25.1%), from €88,976 to €66,685
- Current portion of long-term debt +€22,158
up €22,158 (+32.9%), from €67,423 to €89,582
- Depreciation +€21,649
up €21,649 (+9.1%), from €237,290 to €258,939
- Staff costs +€16,105
up €16,105 (+3.1%), from €526,798 to €542,903
- Gross operating margin +€10,041
up €10,041 (+1.2%), from €808,247 to €818,288
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 | €859,617 | €885,819 | +€26,202 | +3.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €520,592 | €478,873 | -€41,719 | -8.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €520,222 | €478,503 | -€41,719 | -8.0% |
| Plant, machinery and equipment | 23 | €41,388 | €76,338 | +€34,950 | +84.4% |
| Furniture and vehicles | 24 | €197,217 | €170,215 | -€27,002 | -13.7% |
| Other tangible fixed assets | 26 | €281,616 | €231,949 | -€49,667 | -17.6% |
| Financial fixed assets | 28 | €370 | €370 | = | 0.0% |
| Current assets | 29/58 | €339,025 | €406,947 | +€67,921 | +20.0% |
| Stocks and contracts in progress | 3 | €58,501 | €49,191 | -€9,309 | -15.9% |
| Stocks | 30/36 | €58,501 | €49,191 | -€9,309 | -15.9% |
| Amounts receivable within one year | 40/41 | €182,779 | €184,180 | +€1,400 | +0.8% |
| Trade receivables | 40 | €169,034 | €155,701 | -€13,334 | -7.9% |
| Other amounts receivable | 41 | €13,745 | €28,479 | +€14,734 | +107.2% |
| Cash at bank and in hand | 54/58 | €85,109 | €157,187 | +€72,078 | +84.7% |
| Deferred charges and accrued income | 490/1 | €12,636 | €16,389 | +€3,752 | +29.7% |
| Total equity and liabilities | 10/49 | €859,617 | €885,819 | +€26,202 | +3.0% |
| Equity | 10/15 | €403,156 | €406,411 | +€3,256 | +0.8% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €328,156 | €331,411 | +€3,256 | +1.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €320,656 | €323,911 | +€3,256 | +1.0% |
| Amounts payable | 17/49 | €456,462 | €479,408 | +€22,946 | +5.0% |
| Amounts payable after more than one year | 17 | €88,976 | €66,685 | -€22,291 | -25.1% |
| Financial debts | 170/4 | €88,976 | €66,685 | -€22,291 | -25.1% |
| Amounts payable within one year | 42/48 | €267,107 | €289,639 | +€22,531 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €67,423 | €89,582 | +€22,158 | +32.9% |
| Trade debts | 44 | €117,891 | €78,682 | -€39,209 | -33.3% |
| Suppliers | 440/4 | €117,891 | €78,682 | -€39,209 | -33.3% |
| Taxes, remuneration and social security | 45 | €80,976 | €120,584 | +€39,608 | +48.9% |
| Taxes | 450/3 | €31,344 | €50,285 | +€18,941 | +60.4% |
| Remuneration and social security | 454/9 | €49,632 | €70,299 | +€20,667 | +41.6% |
| Other amounts payable | 47/48 | €818 | €791 | -€27 | -3.3% |
| Accrued charges and deferred income | 492/3 | €100,378 | €123,084 | +€22,706 | +22.6% |
| Non-recurring operating income | 76A | €16,004 | - | -€16,004 | |
| Remuneration, social security and pensions | 62 | €526,798 | €542,903 | +€16,105 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237,290 | €258,939 | +€21,649 | +9.1% |
| Other operating charges | 640/8 | €2,084 | €3,807 | +€1,723 | +82.7% |
| Non-recurring operating charges | 66A | - | €517 | +€517 | |
| Gross operating margin | 9900 | €808,247 | €818,288 | +€10,041 | +1.2% |
| Operating profit (loss) | 9901 | €42,074 | €12,122 | -€29,952 | -71.2% |
| Financial income | 75/76B | €163 | €2,204 | +€2,041 | +1251.7% |
| Recurring financial income | 75 | €163 | €2,204 | +€2,041 | +1251.7% |
| Financial charges | 65/66B | €9,483 | €10,771 | +€1,288 | +13.6% |
| Recurring financial charges | 65 | €9,483 | €10,771 | +€1,288 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €32,754 | €3,554 | -€29,199 | -89.1% |
| Income taxes | 67/77 | €7,648 | €299 | -€7,350 | -96.1% |
| Profit (loss) for the period | 9904 | €25,106 | €3,256 | -€21,850 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,106 | €3,256 | -€21,850 | -87.0% |
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 9 October 2026 via checked.be.