GREEN HOLDING: 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.
What changed
GREEN HOLDING
NACE 46.810, Wholesale of solid, liquid and gaseous fuels and related products
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€152,461
2023 · -€1.9m+€2.1m
Equity
-€2.9m
2023 · -€3.0m+€152,461
Cash
€11,860
2023 · €9,778+€2,082
Balance sheet total
€301,994
2023 · €1.2m-€865,187
Largest movements
Assets
- Receivables within one year -€866,926
down €866,926 (-75.0%), from €1.2m to €289,449
of which Trade receivables: -€867,281
Equity and liabilities
- Debts after one year -€1.2m
down €1.2m (-33.6%), from €3.6m to €2.4m
- Profit (loss) carried forward +€152,461
up €152,461 (+3.6%), from -€4.2m to -€4.0m
- Trade debts +€120,390
up €120,390 (+48.2%), from €249,585 to €369,976
- Other debts +€38,401
up €38,401 (+14.8%), from €259,247 to €297,648
- Tax, wage and social debts +€32,285
up €32,285 (+82.2%), from €39,281 to €71,566
Income statement
- Financial charges -€2.1m
down €2.1m (-95.7%), from €2.2m to €92,435
of which Non-recurring financial charges: -€2.0m
- Other operating income +€39,775
up €39,775 (+153%), from €26,003 to €65,779
- Taxes +€21,995
up €21,995 (+69.5%), from €31,654 to €53,649
of which Taxes: +€23,994
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.
Result 2023
-€1.9m
Other operating income
+€39,775
Services and other goods
-€2,966
Depreciation
+€189
Other operating charges
-€192
Other operating items
-€14,441
Financial income
+€433
Financial charges
+€2.1m
Taxes
-€21,995
Result 2024
€152,461
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.2m
Investment
€0
Financing
-€1.2m
Cash 2023
€9,778
From operations (derived)
+€1.2m
Net result for the year
+€152,461
Depreciation
+€344
Receivables within one year
+€866,926
Trade debts
+€120,390
Tax, wage and social debts
+€32,285
Other debts
+€38,401
Accrued charges and deferred income
+€11,041
Financing
-€1.2m
Debts after one year
-€1.2m
Cash 2024
€11,860
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,167,181 | €301,994 | -€865,187 | -74.1% |
| Fixed assets | 21/28 | €344 | €0 | -€344 | -100% |
| Tangible fixed assets | 22/27 | €344 | €0 | -€344 | -100% |
| Furniture and vehicles | 24 | €344 | €0 | -€344 | -100% |
| Financial fixed assets | 28 | €0 | - | = | |
| Affiliated companies | 280/1 | €0 | - | = | |
| Participating interests | 280 | €0 | - | = | |
| Current assets | 29/58 | €1,166,837 | €301,994 | -€864,843 | -74.1% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,156,375 | €289,449 | -€866,926 | -75.0% |
| Trade receivables | 40 | €1,147,500 | €280,219 | -€867,281 | -75.6% |
| Other amounts receivable | 41 | €8,875 | €9,230 | +€355 | +4.0% |
| Cash at bank and in hand | 54/58 | €9,778 | €11,860 | +€2,082 | +21.3% |
| Deferred charges and accrued income | 490/1 | €685 | €685 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,167,181 | €301,994 | -€865,187 | -74.1% |
| Equity | 10/15 | -€3,007,709 | -€2,855,247 | +€152,461 | +5.1% |
| Contributions | 10/11 | €1,075,000 | €1,075,000 | = | 0.0% |
| Capital | 10 | €1,075,000 | €1,075,000 | = | 0.0% |
| Issued capital | 100 | €1,075,000 | €1,075,000 | = | 0.0% |
| Reserves | 13 | €107,500 | €107,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €107,500 | €107,500 | = | 0.0% |
| Legal reserve | 130 | €107,500 | €107,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,190,209 | -€4,037,747 | +€152,461 | +3.6% |
| Amounts payable | 17/49 | €4,174,890 | €3,157,241 | -€1.0m | -24.4% |
| Amounts payable after more than one year | 17 | €3,625,909 | €2,406,143 | -€1.2m | -33.6% |
| Other amounts payable | 178/9 | €3,625,909 | €2,406,143 | -€1.2m | -33.6% |
| Amounts payable within one year | 42/48 | €548,113 | €739,189 | +€191,076 | +34.9% |
| Trade debts | 44 | €249,585 | €369,976 | +€120,390 | +48.2% |
| Suppliers | 440/4 | €249,585 | €369,976 | +€120,390 | +48.2% |
| Taxes, remuneration and social security | 45 | €39,281 | €71,566 | +€32,285 | +82.2% |
| Taxes | 450/3 | €39,281 | €71,566 | +€32,285 | +82.2% |
| Other amounts payable | 47/48 | €259,247 | €297,648 | +€38,401 | +14.8% |
| Accrued charges and deferred income | 492/3 | €868 | €11,909 | +€11,041 | +1,272% |
| Operating income | 70/76A | €494,637 | €521,793 | +€27,156 | +5.5% |
| Turnover | 70 | €456,000 | €456,000 | = | 0.0% |
| Other operating income | 74 | €26,003 | €65,779 | +€39,775 | +153% |
| Non-recurring operating income | 76A | €12,633 | €14 | -€12,619 | -99.9% |
| Operating charges | 60/66A | €218,891 | €223,681 | +€4,790 | +2.2% |
| Services and other goods | 61 | €217,490 | €220,456 | +€2,966 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €533 | €344 | -€189 | -35.5% |
| Other operating charges | 640/8 | €868 | €1,060 | +€192 | +22.1% |
| Non-recurring operating charges | 66A | - | €1,822 | +€1,822 | |
| Operating profit (loss) | 9901 | €275,746 | €298,112 | +€22,366 | +8.1% |
| Financial income | 75/76B | €0 | €433 | +€433 | |
| Recurring financial income | 75 | €0 | €433 | +€433 | |
| Income from current assets | 751 | - | €433 | +€433 | |
| Other financial income | 752/9 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,160,427 | €92,435 | -€2.1m | -95.7% |
| Recurring financial charges | 65 | €162,555 | €92,435 | -€70,120 | -43.1% |
| Debt charges | 650 | €160,226 | €91,376 | -€68,849 | -43.0% |
| Other financial charges | 652/9 | €2,330 | €1,059 | -€1,271 | -54.5% |
| Non-recurring financial charges | 66B | €1,997,872 | €0 | -€2.0m | -100% |
| Profit (loss) for the period before taxes | 9903 | -€1,884,681 | €206,110 | +€2.1m | |
| Income taxes | 67/77 | €31,654 | €53,649 | +€21,995 | +69.5% |
| Taxes | 670/3 | €31,654 | €55,649 | +€23,994 | +75.8% |
| Tax adjustments and reversals of tax provisions | 77 | - | €2,000 | +€2,000 | |
| Profit (loss) for the period | 9904 | -€1,916,335 | €152,461 | +€2.1m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,916,335 | €152,461 | +€2.1m |
Source: filed annual accounts (NBB), financial years ended 31 August 2023 and 31 August 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.