GREEN EUROPE: what changed
GREEN EUROPE
Largest movements
- Receivables within one year +€63,334
up €63,334 (+1,168%), from €5,422 to €68,756
of which Trade receivables: +€63,085
- Cash +€51,000
up €51,000 (+60.3%), from €84,624 to €135,623
mainly Net result for the year (+€56,484) and Trade debts (+€43,409)
- Stocks and contracts +€4,129
up €4,129 (+8.0%), from €51,369 to €55,497
- Tangible fixed assets +€3,283
new in 2025: €3,283
- Reserves +€55,651
up €55,651 (+76.8%), from €72,463 to €128,113
- Trade debts +€43,409
up €43,409 (+621%), from €6,991 to €50,400
- Tax, wage and social debts +€14,744
up €14,744 (+178%), from €8,280 to €23,024
- Other debts +€8,046
up €8,046 (+24.2%), from €33,221 to €41,267
- Gross operating margin +€26,835
up €26,835 (+56.6%), from €47,402 to €74,236
- Taxes +€9,812
up €9,812 (+252%), from €3,900 to €13,712
- Financial charges +€1,294
up €1,294 (+65.9%), from €1,964 to €3,257
- Other operating charges -€1,135
down €1,135 (-70.9%), from €1,601 to €466
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,415 | €263,264 | +€121,850 | +86.2% |
| Fixed assets | 21/28 | - | €3,283 | +€3,283 | |
| Tangible fixed assets | 22/27 | - | €3,283 | +€3,283 | |
| Furniture and vehicles | 24 | - | €3,283 | +€3,283 | |
| Current assets | 29/58 | €141,415 | €259,982 | +€118,567 | +83.8% |
| Stocks and contracts in progress | 3 | €51,369 | €55,497 | +€4,129 | +8.0% |
| Stocks | 30/36 | €51,369 | €55,497 | +€4,129 | +8.0% |
| Amounts receivable within one year | 40/41 | €5,422 | €68,756 | +€63,334 | +1,168% |
| Trade receivables | 40 | €5,422 | €68,507 | +€63,085 | +1,163% |
| Other amounts receivable | 41 | - | €249 | +€249 | |
| Cash at bank and in hand | 54/58 | €84,624 | €135,623 | +€51,000 | +60.3% |
| Deferred charges and accrued income | 490/1 | - | €105 | +€105 | |
| Total equity and liabilities | 10/49 | €141,415 | €263,264 | +€121,850 | +86.2% |
| Equity | 10/15 | €92,923 | €148,573 | +€55,651 | +59.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €72,463 | €128,113 | +€55,651 | +76.8% |
| Distributable reserves | 133 | €72,463 | €128,113 | +€55,651 | +76.8% |
| Amounts payable | 17/49 | €48,492 | €114,691 | +€66,199 | +137% |
| Amounts payable within one year | 42/48 | €48,492 | €114,691 | +€66,199 | +137% |
| Trade debts | 44 | €6,991 | €50,400 | +€43,409 | +621% |
| Suppliers | 440/4 | €6,991 | €50,400 | +€43,409 | +621% |
| Taxes, remuneration and social security | 45 | €8,280 | €23,024 | +€14,744 | +178% |
| Taxes | 450/3 | €8,280 | €23,024 | +€14,744 | +178% |
| Other amounts payable | 47/48 | €33,221 | €41,267 | +€8,046 | +24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €317 | +€317 | |
| Other operating charges | 640/8 | €1,601 | €466 | -€1,135 | -70.9% |
| Gross operating margin | 9900 | €47,402 | €74,236 | +€26,835 | +56.6% |
| Operating profit (loss) | 9901 | €45,800 | €73,453 | +€27,653 | +60.4% |
| Financial charges | 65/66B | €1,964 | €3,257 | +€1,294 | +65.9% |
| Recurring financial charges | 65 | €1,964 | €3,257 | +€1,294 | +65.9% |
| Profit (loss) for the period before taxes | 9903 | €43,837 | €70,196 | +€26,359 | +60.1% |
| Income taxes | 67/77 | €3,900 | €13,712 | +€9,812 | +252% |
| Profit (loss) for the period | 9904 | €39,937 | €56,484 | +€16,547 | +41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,937 | €56,484 | +€16,547 | +41.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.