GREEN LEAVES: 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 LEAVES
Largest movements
- Tangible fixed assets -€86,029
down €86,029 (-11.4%), from €753,276 to €667,247
of which Land and buildings: -€84,121
- Cash -€24,188
down €24,188 (-54.7%), from €44,180 to €19,992
mainly Net result for the year (-€116,992) and Contributions, distributions and other (-€8,962)
- Reserves -€508,962
down €508,962 (-97.3%), from €523,000 to €14,038
of which Distributable reserves: -€426,499
- Contributions +€500,000
up €500,000 (+58.8%), from €850,000 to €1.4m
- Profit (loss) carried forward -€116,992
down €116,992 (-27.2%), from -€430,788 to -€547,780
- Gross operating margin -€54,631
down €54,631 (-87.9%), from €62,156 to €7,525
- Staff costs +€3,907
up €3,907 (+14.4%), from €27,066 to €30,974
- Other operating charges +€1,010
up €1,010 (+22.4%), from €4,513 to €5,523
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 | €949,461 | €835,231 | -€114,230 | -12.0% |
| Fixed assets | 21/28 | €887,238 | €801,209 | -€86,029 | -9.7% |
| Tangible fixed assets | 22/27 | €753,276 | €667,247 | -€86,029 | -11.4% |
| Land and buildings | 22 | €744,341 | €660,221 | -€84,121 | -11.3% |
| Plant, machinery and equipment | 23 | €4,405 | €3,274 | -€1,131 | -25.7% |
| Furniture and vehicles | 24 | €4,530 | €3,752 | -€777 | -17.2% |
| Financial fixed assets | 28 | €133,962 | €133,962 | = | 0.0% |
| Current assets | 29/58 | €62,223 | €34,022 | -€28,201 | -45.3% |
| Amounts receivable within one year | 40/41 | €17,551 | €13,439 | -€4,111 | -23.4% |
| Trade receivables | 40 | €13,439 | €13,439 | = | 0.0% |
| Other amounts receivable | 41 | €4,111 | €0 | -€4,111 | -100% |
| Cash at bank and in hand | 54/58 | €44,180 | €19,992 | -€24,188 | -54.7% |
| Deferred charges and accrued income | 490/1 | €493 | €591 | +€98 | +20.0% |
| Total equity and liabilities | 10/49 | €949,461 | €835,231 | -€114,230 | -12.0% |
| Equity | 10/15 | €942,212 | €816,258 | -€125,954 | -13.4% |
| Contributions | 10/11 | €850,000 | €1,350,000 | +€500,000 | +58.8% |
| Capital | 10 | €850,000 | €1,350,000 | +€500,000 | +58.8% |
| Issued capital | 100 | €850,000 | €1,350,000 | +€500,000 | +58.8% |
| Reserves | 13 | €523,000 | €14,038 | -€508,962 | -97.3% |
| Non-distributable reserves | 130/1 | €85,000 | €2,537 | -€82,463 | -97.0% |
| Legal reserve | 130 | €85,000 | €2,537 | -€82,463 | -97.0% |
| Distributable reserves | 133 | €438,000 | €11,501 | -€426,499 | -97.4% |
| Profit (loss) carried forward | 14 | -€430,788 | -€547,780 | -€116,992 | -27.2% |
| Amounts payable | 17/49 | €7,249 | €18,974 | +€11,724 | +162% |
| Amounts payable within one year | 42/48 | €7,249 | €18,974 | +€11,724 | +162% |
| Trade debts | 44 | €2,440 | €9,656 | +€7,216 | +296% |
| Suppliers | 440/4 | €2,440 | €9,656 | +€7,216 | +296% |
| Taxes, remuneration and social security | 45 | €4,277 | €4,467 | +€190 | +4.4% |
| Taxes | 450/3 | €109 | €92 | -€16 | -15.2% |
| Remuneration and social security | 454/9 | €4,168 | €4,375 | +€206 | +5.0% |
| Other amounts payable | 47/48 | €533 | €4,851 | +€4,318 | +811% |
| Non-recurring operating income | 76A | €63,355 | €0 | -€63,355 | -100% |
| Remuneration, social security and pensions | 62 | €27,066 | €30,974 | +€3,907 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,687 | €87,706 | +€19 | 0.0% |
| Other operating charges | 640/8 | €4,513 | €5,523 | +€1,010 | +22.4% |
| Gross operating margin | 9900 | €62,156 | €7,525 | -€54,631 | -87.9% |
| Operating profit (loss) | 9901 | -€57,111 | -€116,678 | -€59,566 | -104% |
| Financial income | 75/76B | €26 | €0 | -€26 | -100% |
| Recurring financial income | 75 | €26 | €0 | -€26 | -100% |
| Financial charges | 65/66B | €274 | €314 | +€40 | +14.6% |
| Recurring financial charges | 65 | €274 | €314 | +€40 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | -€57,359 | -€116,992 | -€59,633 | -104% |
| Profit (loss) for the period | 9904 | -€57,359 | -€116,992 | -€59,633 | -104% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,359 | -€116,992 | -€59,633 | -104% |
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 28 October 2026 via checked.be.