GREEN HILL: 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 HILL
Largest movements
- Cash -€2,259
down €2,259 (-57.3%), from €3,943 to €1,684
mainly Trade debts (-€1,655) and Stocks and contracts (-€852)
- Stocks and contracts +€852
up €852 (+4.8%), from €17,606 to €18,458
- Trade debts -€1,655
down €1,655 (-87.2%), from €1,898 to €244
- Reserves +€294
up €294 (+27.1%), from €1,085 to €1,379
of which Distributable reserves: +€294
- Other operating charges +€415
up €415 (+14.3%), from €2,902 to €3,316
- Taxes +€230
new in 2025: €230
- Financial charges +€109
up €109 (+56.0%), from €194 to €303
- Gross operating margin +€105
up €105 (+2.6%), from €4,038 to €4,143
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.
Derived cash bridge
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 | €22,549 | €21,142 | -€1,407 | -6.2% |
| Fixed assets | 21/28 | €1,000 | €1,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €21,549 | €20,142 | -€1,407 | -6.5% |
| Stocks and contracts in progress | 3 | €17,606 | €18,458 | +€852 | +4.8% |
| Stocks | 30/36 | €17,606 | €18,458 | +€852 | +4.8% |
| Cash at bank and in hand | 54/58 | €3,943 | €1,684 | -€2,259 | -57.3% |
| Total equity and liabilities | 10/49 | €22,549 | €21,142 | -€1,407 | -6.2% |
| Equity | 10/15 | €19,685 | €19,979 | +€294 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,085 | €1,379 | +€294 | +27.1% |
| Non-distributable reserves | 130/1 | €40 | €40 | = | 0.0% |
| Reserves not available under the articles | 1311 | €40 | €40 | = | 0.0% |
| Distributable reserves | 133 | €1,045 | €1,339 | +€294 | +28.1% |
| Amounts payable | 17/49 | €2,864 | €1,163 | -€1,701 | -59.4% |
| Amounts payable within one year | 42/48 | €2,864 | €1,163 | -€1,701 | -59.4% |
| Trade debts | 44 | €1,898 | €244 | -€1,655 | -87.2% |
| Suppliers | 440/4 | €1,898 | €244 | -€1,655 | -87.2% |
| Taxes, remuneration and social security | 45 | €966 | €919 | -€46 | -4.8% |
| Taxes | 450/3 | €966 | €919 | -€46 | -4.8% |
| Other operating charges | 640/8 | €2,902 | €3,316 | +€415 | +14.3% |
| Gross operating margin | 9900 | €4,038 | €4,143 | +€105 | +2.6% |
| Operating profit (loss) | 9901 | €1,136 | €826 | -€310 | -27.3% |
| Financial charges | 65/66B | €194 | €303 | +€109 | +56.0% |
| Recurring financial charges | 65 | €194 | €303 | +€109 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €942 | €524 | -€419 | -44.4% |
| Income taxes | 67/77 | - | €230 | +€230 | |
| Profit (loss) for the period | 9904 | €942 | €294 | -€649 | -68.8% |
| Profit (loss) for the period to be appropriated | 9905 | €942 | €294 | -€649 | -68.8% |
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 14 October 2026 via checked.be.