GREEN LASER: what changed
Two fiscal 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 LASER
Largest movements
- Cash -€10,575
down €10,575 (-44.4%), from €23,813 to €13,237
mainly Net result for the year (-€9,865) and Current portion of long-term debt (-€5,564)
- Tangible fixed assets -€6,043
down €6,043 (-67.1%), from €9,002 to €2,959
- Receivables within one year +€5,378
up €5,378 (+30.1%), from €17,859 to €23,237
of which Other amounts receivable: +€3,338
- Profit (loss) carried forward -€9,865
down €9,865 (-233.5%), from -€4,225 to -€14,090
- Current portion of long-term debt -€5,564
down €5,564 (-84.3%), from €6,604 to €1,040
- Other debts +€3,494
up €3,494 (+448.3%), from €780 to €4,274
- Tax, wage and social debts +€1,314
up €1,314 (+54.1%), from €2,431 to €3,745
- Trade debts -€610
down €610 (-5.9%), from €10,331 to €9,721
- Gross operating margin -€6,807
down €6,807, from €4,943 to -€1,863
- Taxes -€411
down €411 (-68.5%), from €600 to €189
- Financial charges -€378
down €378 (-40.6%), from €931 to €553
- Other operating charges -€320
down €320 (-20.3%), from €1,573 to €1,253
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 | €58,514 | €46,741 | -€11,773 | -20.1% |
| Fixed assets | 21/28 | €9,727 | €3,684 | -€6,043 | -62.1% |
| Tangible fixed assets | 22/27 | €9,002 | €2,959 | -€6,043 | -67.1% |
| Furniture and vehicles | 24 | €9,002 | €2,959 | -€6,043 | -67.1% |
| Financial fixed assets | 28 | €725 | €725 | = | 0.0% |
| Current assets | 29/58 | €48,786 | €43,057 | -€5,730 | -11.7% |
| Stocks and contracts in progress | 3 | €6,462 | €6,116 | -€346 | -5.4% |
| Stocks | 30/36 | €6,462 | €6,116 | -€346 | -5.4% |
| Amounts receivable within one year | 40/41 | €17,859 | €23,237 | +€5,378 | +30.1% |
| Trade receivables | 40 | €11,967 | €14,006 | +€2,040 | +17.0% |
| Other amounts receivable | 41 | €5,892 | €9,231 | +€3,338 | +56.7% |
| Cash at bank and in hand | 54/58 | €23,813 | €13,237 | -€10,575 | -44.4% |
| Deferred charges and accrued income | 490/1 | €652 | €466 | -€186 | -28.5% |
| Total equity and liabilities | 10/49 | €58,514 | €46,741 | -€11,773 | -20.1% |
| Equity | 10/15 | €37,822 | €27,957 | -€9,865 | -26.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €41,546 | €41,546 | = | 0.0% |
| Distributable reserves | 133 | €41,546 | €41,546 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,225 | -€14,090 | -€9,865 | -233.5% |
| Amounts payable | 17/49 | €20,692 | €18,784 | -€1,908 | -9.2% |
| Amounts payable after more than one year | 17 | €521 | - | -€521 | |
| Financial debts | 170/4 | €521 | - | -€521 | |
| Amounts payable within one year | 42/48 | €20,145 | €18,780 | -€1,366 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €6,604 | €1,040 | -€5,564 | -84.3% |
| Trade debts | 44 | €10,331 | €9,721 | -€610 | -5.9% |
| Suppliers | 440/4 | €10,331 | €9,721 | -€610 | -5.9% |
| Taxes, remuneration and social security | 45 | €2,431 | €3,745 | +€1,314 | +54.1% |
| Taxes | 450/3 | €2,431 | €3,745 | +€1,314 | +54.1% |
| Other amounts payable | 47/48 | €780 | €4,274 | +€3,494 | +448.3% |
| Accrued charges and deferred income | 492/3 | €25 | €4 | -€22 | -85.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,066 | €6,043 | -€23 | -0.4% |
| Other operating charges | 640/8 | €1,573 | €1,253 | -€320 | -20.3% |
| Gross operating margin | 9900 | €4,943 | -€1,863 | -€6,807 | |
| Operating profit (loss) | 9901 | -€2,696 | -€9,160 | -€6,464 | -239.8% |
| Financial income | 75/76B | €2 | €37 | +€35 | +1722.4% |
| Recurring financial income | 75 | €2 | €37 | +€35 | +1722.4% |
| Financial charges | 65/66B | €931 | €553 | -€378 | -40.6% |
| Recurring financial charges | 65 | €931 | €553 | -€378 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,625 | -€9,676 | -€6,051 | -166.9% |
| Income taxes | 67/77 | €600 | €189 | -€411 | -68.5% |
| Profit (loss) for the period | 9904 | -€4,225 | -€9,865 | -€5,640 | -133.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,225 | -€9,865 | -€5,640 | -133.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.