GREEN GATE: 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 GATE
Largest movements
- Receivables within one year +€194,777
up €194,777 (+137.7%), from €141,407 to €336,184
of which Trade receivables: +€133,472
- Stocks and contracts -€134,942
no longer reported in 2025 (was €134,942)
- Cash -€4,027
down €4,027 (-8.7%), from €46,293 to €42,266
mainly Receivables within one year (-€194,777) and Net result for the year (-€8,219)
- Trade debts +€57,579
up €57,579 (+20.9%), from €275,890 to €333,469
- Profit (loss) carried forward -€8,219
new in 2025: -€8,219
- Gross operating margin -€57,917
down €57,917, from €52,415 to -€5,502
- Taxes -€4,964
down €4,964 (-93.9%), from €5,284 to €320
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 | €327,984 | €381,161 | +€53,177 | +16.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €2,689 | €2,712 | +€23 | +0.8% |
| Tangible fixed assets | 22/27 | €2,504 | €2,527 | +€23 | +0.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €2,504 | €2,527 | +€23 | +0.9% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €325,295 | €378,449 | +€53,154 | +16.3% |
| Stocks and contracts in progress | 3 | €134,942 | - | -€134,942 | |
| Stocks | 30/36 | €134,942 | - | -€134,942 | |
| Amounts receivable within one year | 40/41 | €141,407 | €336,184 | +€194,777 | +137.7% |
| Trade receivables | 40 | €141,407 | €274,879 | +€133,472 | +94.4% |
| Other amounts receivable | 41 | - | €61,305 | +€61,305 | |
| Cash at bank and in hand | 54/58 | €46,293 | €42,266 | -€4,027 | -8.7% |
| Deferred charges and accrued income | 490/1 | €2,653 | - | -€2,653 | |
| Total equity and liabilities | 10/49 | €327,984 | €381,161 | +€53,177 | +16.2% |
| Equity | 10/15 | €31,631 | €23,412 | -€8,219 | -26.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,031 | €13,031 | = | 0.0% |
| Distributable reserves | 133 | €13,031 | €13,031 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€8,219 | -€8,219 | |
| Amounts payable | 17/49 | €296,353 | €357,750 | +€61,396 | +20.7% |
| Amounts payable within one year | 42/48 | €296,353 | €357,262 | +€60,909 | +20.6% |
| Trade debts | 44 | €275,890 | €333,469 | +€57,579 | +20.9% |
| Suppliers | 440/4 | €275,890 | €333,469 | +€57,579 | +20.9% |
| Taxes, remuneration and social security | 45 | €5,493 | €5,664 | +€171 | +3.1% |
| Taxes | 450/3 | €5,493 | €5,664 | +€171 | +3.1% |
| Other amounts payable | 47/48 | €14,970 | €18,129 | +€3,158 | +21.1% |
| Accrued charges and deferred income | 492/3 | - | €488 | +€488 | |
| Non-recurring operating income | 76A | €19,700 | €60,000 | +€40,300 | +204.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €406 | €377 | -€29 | -7.2% |
| Other operating charges | 640/8 | €622 | €679 | +€57 | +9.2% |
| Gross operating margin | 9900 | €52,415 | -€5,502 | -€57,917 | |
| Operating profit (loss) | 9901 | €51,388 | -€6,557 | -€57,945 | |
| Financial income | 75/76B | €8 | €92 | +€84 | +1034.7% |
| Recurring financial income | 75 | €8 | €92 | +€84 | +1034.7% |
| Financial charges | 65/66B | €1,829 | €1,434 | -€394 | -21.6% |
| Recurring financial charges | 65 | €1,829 | €1,434 | -€394 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €49,568 | -€7,899 | -€57,467 | |
| Income taxes | 67/77 | €5,284 | €320 | -€4,964 | -93.9% |
| Profit (loss) for the period | 9904 | €44,284 | -€8,219 | -€52,503 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,284 | -€8,219 | -€52,503 |
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 11 October 2026 via checked.be.