Green Groep: 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 Groep
Largest movements
- Receivables within one year +€83,808
up €83,808 (+130%), from €64,451 to €148,259
of which Trade receivables: +€84,461
- Stocks and contracts -€25,500
no longer reported in 2024 (was €25,500)
- Cash +€13,128
up €13,128 (+99.4%), from €13,202 to €26,330
mainly Advances received (+€57,617) and Stocks and contracts (+€25,500)
- Tangible fixed assets -€9,861
down €9,861 (-21.1%), from €46,842 to €36,981
of which Other tangible fixed assets: -€4,988
- Deferred charges and accrued income +€2,788
new in 2024: €2,788
- Advances received +€57,617
up €57,617 (+6,349%), from €908 to €58,525
- Tax, wage and social debts +€18,060
up €18,060 (+258%), from €6,989 to €25,049
- Profit (loss) carried forward +€16,355
up €16,355 (+102%), from €16,031 to €32,387
- Debts after one year -€14,234
down €14,234 (-39.3%), from €36,223 to €21,989
- Trade debts -€11,732
down €11,732 (-15.5%), from €75,791 to €64,059
- Gross operating margin +€45,617
up €45,617 (+259%), from €17,627 to €63,244
- Taxes +€23,379
new in 2024: €23,379
- Other operating charges +€4,840
up €4,840 (+141%), from €3,422 to €8,262
- Depreciation -€2,743
down €2,743 (-18.6%), from €14,784 to €12,041
- Financial charges +€1,306
up €1,306 (+55.5%), from €2,352 to €3,658
of which Financial charges: +€714
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.
Derived cash bridge
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 | €155,044 | €219,408 | +€64,363 | +41.5% |
| Fixed assets | 21/28 | €51,892 | €42,031 | -€9,861 | -19.0% |
| Tangible fixed assets | 22/27 | €46,842 | €36,981 | -€9,861 | -21.1% |
| Plant, machinery and equipment | 23 | €8,793 | €8,527 | -€266 | -3.0% |
| Furniture and vehicles | 24 | €4,606 | - | -€4,606 | |
| Other tangible fixed assets | 26 | €33,442 | €28,454 | -€4,988 | -14.9% |
| Financial fixed assets | 28 | €5,050 | €5,050 | = | 0.0% |
| Current assets | 29/58 | €103,153 | €177,377 | +€74,224 | +72.0% |
| Stocks and contracts in progress | 3 | €25,500 | - | -€25,500 | |
| Contracts in progress | 37 | €25,500 | - | -€25,500 | |
| Amounts receivable within one year | 40/41 | €64,451 | €148,259 | +€83,808 | +130% |
| Trade receivables | 40 | €56,573 | €141,035 | +€84,461 | +149% |
| Other amounts receivable | 41 | €7,878 | €7,225 | -€653 | -8.3% |
| Cash at bank and in hand | 54/58 | €13,202 | €26,330 | +€13,128 | +99.4% |
| Deferred charges and accrued income | 490/1 | - | €2,788 | +€2,788 | |
| Total equity and liabilities | 10/49 | €155,044 | €219,408 | +€64,363 | +41.5% |
| Equity | 10/15 | €19,032 | €35,388 | +€16,355 | +85.9% |
| Contributions | 10/11 | €3,001 | €3,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,031 | €32,387 | +€16,355 | +102% |
| Amounts payable | 17/49 | €136,012 | €184,020 | +€48,008 | +35.3% |
| Amounts payable after more than one year | 17 | €36,223 | €21,989 | -€14,234 | -39.3% |
| Financial debts | 170/4 | €36,223 | €21,989 | -€14,234 | -39.3% |
| Amounts payable within one year | 42/48 | €98,820 | €162,032 | +€63,212 | +64.0% |
| Current portion of amounts payable after more than one year | 42 | €15,113 | €14,234 | -€879 | -5.8% |
| Financial debts | 43 | €19 | €165 | +€146 | +771% |
| Other loans | 439 | €19 | €165 | +€146 | +771% |
| Trade debts | 44 | €75,791 | €64,059 | -€11,732 | -15.5% |
| Suppliers | 440/4 | €75,791 | €64,059 | -€11,732 | -15.5% |
| Advances received on contracts in progress | 46 | €908 | €58,525 | +€57,617 | +6,349% |
| Taxes, remuneration and social security | 45 | €6,989 | €25,049 | +€18,060 | +258% |
| Taxes | 450/3 | €6,989 | €25,049 | +€18,060 | +258% |
| Accrued charges and deferred income | 492/3 | €970 | - | -€970 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,784 | €12,041 | -€2,743 | -18.6% |
| Other operating charges | 640/8 | €3,422 | €8,262 | +€4,840 | +141% |
| Gross operating margin | 9900 | €17,627 | €63,244 | +€45,617 | +259% |
| Operating profit (loss) | 9901 | -€579 | €42,942 | +€43,521 | |
| Financial income | 75/76B | €10 | €451 | +€441 | +4,374% |
| Recurring financial income | 75 | €10 | €451 | +€441 | +4,374% |
| Financial charges | 65/66B | €2,352 | €3,658 | +€1,306 | +55.5% |
| Recurring financial charges | 65 | €2,352 | €3,066 | +€714 | +30.3% |
| Non-recurring financial charges | 66B | - | €592 | +€592 | |
| Profit (loss) for the period before taxes | 9903 | -€2,921 | €39,734 | +€42,655 | |
| Income taxes | 67/77 | - | €23,379 | +€23,379 | |
| Profit (loss) for the period | 9904 | -€2,921 | €16,355 | +€19,277 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,921 | €16,355 | +€19,277 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.