Green Leaf Topco: 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 Leaf Topco
NACE 70.100, Activities of head offices
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€68,462
2024 · €29,368+€39,094
Equity
€345.2m
2024 · €345.2m+€68,462
Cash
-
not filed
Balance sheet total
€346.2m
2024 · €345.7m+€452,944
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Turnover +€339,119
up €339,119 (+18.3%), from €1.8m to €2.2m
- Services and other goods +€275,722
up €275,722 (+15.2%), from €1.8m to €2.1m
- Other operating income -€31,636
down €31,636 (-54.2%), from €58,344 to €26,709
- Other operating charges -€30,564
down €30,564 (-49.9%), from €61,254 to €30,690
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.
Result 2024
€29,368
Turnover
+€339,119
Other operating income
-€31,636
Services and other goods
-€275,722
Depreciation
+€1
Other operating charges
+€30,564
Financial income
-€6,087
Financial charges
-€2,934
Taxes
-€14,214
Result 2025
€68,462
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €345,737,627 | €346,190,571 | +€452,944 | +0.1% |
| Fixed assets | 21/28 | €344,820,698 | €344,800,305 | -€20,393 | 0.0% |
| Tangible fixed assets | 22/27 | €698 | €305 | -€393 | -56.3% |
| Furniture and vehicles | 24 | €698 | €305 | -€393 | -56.3% |
| Financial fixed assets | 28 | €344,820,000 | €344,800,000 | -€20,000 | 0.0% |
| Affiliated companies | 280/1 | €344,800,000 | €344,800,000 | = | 0.0% |
| Participating interests | 280 | €344,800,000 | €344,800,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €20,000 | - | -€20,000 | |
| Amounts receivable and cash guarantees | 285/8 | €20,000 | - | -€20,000 | |
| Current assets | 29/58 | €916,929 | €1,390,266 | +€473,337 | +51.6% |
| Amounts receivable within one year | 40/41 | €893,251 | €1,287,769 | +€394,517 | +44.2% |
| Trade receivables | 40 | €495,270 | €833,734 | +€338,464 | +68.3% |
| Other amounts receivable | 41 | €397,982 | €454,034 | +€56,053 | +14.1% |
| Deferred charges and accrued income | 490/1 | €23,678 | €102,498 | +€78,820 | +333% |
| Total equity and liabilities | 10/49 | €345,737,627 | €346,190,571 | +€452,944 | +0.1% |
| Equity | 10/15 | €345,176,783 | €345,245,244 | +€68,462 | 0.0% |
| Contributions | 10/11 | €345,080,001 | €345,080,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,782 | €165,243 | +€68,462 | +70.7% |
| Amounts payable | 17/49 | €560,844 | €945,327 | +€384,482 | +68.6% |
| Amounts payable within one year | 42/48 | €515,844 | €915,717 | +€399,873 | +77.5% |
| Trade debts | 44 | €492,122 | €810,800 | +€318,678 | +64.8% |
| Suppliers | 440/4 | €492,122 | €810,800 | +€318,678 | +64.8% |
| Taxes, remuneration and social security | 45 | €23,722 | €104,917 | +€81,195 | +342% |
| Taxes | 450/3 | €23,722 | €104,917 | +€81,195 | +342% |
| Accrued charges and deferred income | 492/3 | €45,000 | €29,610 | -€15,390 | -34.2% |
| Operating income | 70/76A | €1,908,227 | €2,215,711 | +€307,484 | +16.1% |
| Turnover | 70 | €1,849,883 | €2,189,002 | +€339,119 | +18.3% |
| Other operating income | 74 | €58,344 | €26,709 | -€31,636 | -54.2% |
| Operating charges | 60/66A | €1,872,526 | €2,117,682 | +€245,156 | +13.1% |
| Services and other goods | 61 | €1,810,878 | €2,086,600 | +€275,722 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €394 | €393 | -€1 | -0.3% |
| Other operating charges | 640/8 | €61,254 | €30,690 | -€30,564 | -49.9% |
| Operating profit (loss) | 9901 | €35,701 | €98,029 | +€62,328 | +175% |
| Financial income | 75/76B | €6,990 | €903 | -€6,087 | -87.1% |
| Recurring financial income | 75 | €6,990 | €903 | -€6,087 | -87.1% |
| Income from financial fixed assets | 750 | €1,322 | - | -€1,322 | |
| Income from current assets | 751 | €5,668 | €903 | -€4,765 | -84.1% |
| Financial charges | 65/66B | €650 | €3,584 | +€2,934 | +451% |
| Recurring financial charges | 65 | €650 | €3,584 | +€2,934 | +451% |
| Other financial charges | 652/9 | €650 | €3,584 | +€2,934 | +451% |
| Profit (loss) for the period before taxes | 9903 | €42,040 | €95,348 | +€53,307 | +127% |
| Income taxes | 67/77 | €12,673 | €26,886 | +€14,214 | +112% |
| Taxes | 670/3 | €20,000 | €26,886 | +€6,886 | +34.4% |
| Tax adjustments and reversals of tax provisions | 77 | €7,327 | - | -€7,327 | |
| Profit (loss) for the period | 9904 | €29,368 | €68,462 | +€39,094 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €29,368 | €68,462 | +€39,094 | +133% |
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 22 October 2026 via checked.be.