GREEN CUBE: 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 CUBE
Largest movements
- Tangible fixed assets -€40,822
down €40,822 (-5.4%), from €756,831 to €716,009
of which Land and buildings: -€38,454
- Cash -€25,548
down €25,548 (-50.3%), from €50,805 to €25,257
mainly Debts after one year (-€50,450) and Trade debts (-€17,059)
- Debts after one year -€50,450
down €50,450 (-11.0%), from €459,654 to €409,204
- Trade debts -€17,059
down €17,059 (-92.8%), from €18,390 to €1,331
- Gross operating margin -€4,358
down €4,358 (-6.6%), from €65,875 to €61,516
- Financial charges -€1,243
down €1,243 (-16.0%), from €7,768 to €6,526
- Depreciation -€1,107
down €1,107 (-2.6%), from €41,929 to €40,822
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 | €823,923 | €760,067 | -€63,856 | -7.8% |
| Fixed assets | 21/28 | €756,831 | €716,009 | -€40,822 | -5.4% |
| Tangible fixed assets | 22/27 | €756,831 | €716,009 | -€40,822 | -5.4% |
| Land and buildings | 22 | €747,899 | €709,445 | -€38,454 | -5.1% |
| Plant, machinery and equipment | 23 | €4,236 | €3,604 | -€633 | -14.9% |
| Furniture and vehicles | 24 | €4,696 | €2,960 | -€1,736 | -37.0% |
| Current assets | 29/58 | €67,092 | €44,058 | -€23,034 | -34.3% |
| Amounts receivable within one year | 40/41 | €14,242 | €15,491 | +€1,249 | +8.8% |
| Trade receivables | 40 | €14,242 | €15,491 | +€1,249 | +8.8% |
| Cash at bank and in hand | 54/58 | €50,805 | €25,257 | -€25,548 | -50.3% |
| Deferred charges and accrued income | 490/1 | €2,045 | €3,310 | +€1,264 | +61.8% |
| Total equity and liabilities | 10/49 | €823,923 | €760,067 | -€63,856 | -7.8% |
| Equity | 10/15 | €291,460 | €294,237 | +€2,777 | +1.0% |
| Contributions | 10/11 | €214,000 | €214,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,733 | -€4,041 | +€7,691 | +65.6% |
| Investment grants | 15 | €89,193 | €84,278 | -€4,914 | -5.5% |
| Amounts payable | 17/49 | €532,463 | €465,830 | -€66,633 | -12.5% |
| Amounts payable after more than one year | 17 | €459,654 | €409,204 | -€50,450 | -11.0% |
| Financial debts | 170/4 | €459,654 | €409,204 | -€50,450 | -11.0% |
| Amounts payable within one year | 42/48 | €71,848 | €55,627 | -€16,221 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €49,752 | €50,450 | +€698 | +1.4% |
| Trade debts | 44 | €18,390 | €1,331 | -€17,059 | -92.8% |
| Suppliers | 440/4 | €18,390 | €1,331 | -€17,059 | -92.8% |
| Taxes, remuneration and social security | 45 | €3,706 | €3,846 | +€140 | +3.8% |
| Taxes | 450/3 | €3,706 | €3,846 | +€140 | +3.8% |
| Accrued charges and deferred income | 492/3 | €960 | €998 | +€38 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,929 | €40,822 | -€1,107 | -2.6% |
| Other operating charges | 640/8 | €11,143 | €11,391 | +€248 | +2.2% |
| Gross operating margin | 9900 | €65,875 | €61,516 | -€4,358 | -6.6% |
| Operating profit (loss) | 9901 | €12,803 | €9,303 | -€3,500 | -27.3% |
| Financial income | 75/76B | €5,056 | €4,914 | -€141 | -2.8% |
| Recurring financial income | 75 | €5,056 | €4,914 | -€141 | -2.8% |
| Financial charges | 65/66B | €7,768 | €6,526 | -€1,243 | -16.0% |
| Recurring financial charges | 65 | €7,768 | €6,526 | -€1,243 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €10,090 | €7,691 | -€2,399 | -23.8% |
| Profit (loss) for the period | 9904 | €10,090 | €7,691 | -€2,399 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,090 | €7,691 | -€2,399 | -23.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.