GREEN MIND: 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 MIND
Largest movements
- Tangible fixed assets -€5,861
down €5,861 (-15.8%), from €37,121 to €31,260
- Cash -€3,777
down €3,777 (-70.8%), from €5,332 to €1,555
mainly Debts after one year (-€5,860) and Receivables within one year (-€3,119)
- Receivables within one year +€3,119
up €3,119 (+281.0%), from €1,110 to €4,229
- Deferred charges and accrued income +€893
new in 2025: €893
- Debts after one year -€5,860
down €5,860 (-27.8%), from €21,110 to €15,250
- Tax, wage and social debts -€2,664
down €2,664 (-90.1%), from €2,956 to €292
of which Remuneration and social security: -€2,900
- Profit (loss) carried forward +€1,891
up €1,891 (+133.1%), from €1,421 to €3,312
- Trade debts +€678
up €678 (+3228.6%), from €21 to €699
- Gross operating margin +€4,668
up €4,668 (+96.8%), from €4,824 to €9,492
- Depreciation +€3,907
up €3,907 (+180.7%), from €2,162 to €6,069
- Financial charges +€290
up €290 (+23.3%), from €1,242 to €1,532
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 | €44,397 | €38,562 | -€5,835 | -13.1% |
| Fixed assets | 21/28 | €37,955 | €31,885 | -€6,070 | -16.0% |
| Intangible fixed assets | 21 | €834 | €625 | -€209 | -25.1% |
| Tangible fixed assets | 22/27 | €37,121 | €31,260 | -€5,861 | -15.8% |
| Leasing and similar rights | 25 | €37,121 | €31,260 | -€5,861 | -15.8% |
| Current assets | 29/58 | €6,442 | €6,677 | +€235 | +3.6% |
| Amounts receivable within one year | 40/41 | €1,110 | €4,229 | +€3,119 | +281.0% |
| Trade receivables | 40 | €1,110 | €4,229 | +€3,119 | +281.0% |
| Cash at bank and in hand | 54/58 | €5,332 | €1,555 | -€3,777 | -70.8% |
| Deferred charges and accrued income | 490/1 | - | €893 | +€893 | |
| Total equity and liabilities | 10/49 | €44,397 | €38,562 | -€5,835 | -13.1% |
| Equity | 10/15 | €4,421 | €6,312 | +€1,891 | +42.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Share premium | 1100/10 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,421 | €3,312 | +€1,891 | +133.1% |
| Amounts payable | 17/49 | €39,976 | €32,250 | -€7,726 | -19.3% |
| Amounts payable after more than one year | 17 | €21,110 | €15,250 | -€5,860 | -27.8% |
| Financial debts | 170/4 | €21,110 | €15,250 | -€5,860 | -27.8% |
| Amounts payable within one year | 42/48 | €18,866 | €17,000 | -€1,866 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €5,493 | €5,861 | +€368 | +6.7% |
| Trade debts | 44 | €21 | €699 | +€678 | +3228.6% |
| Suppliers | 440/4 | €21 | €699 | +€678 | +3228.6% |
| Taxes, remuneration and social security | 45 | €2,956 | €292 | -€2,664 | -90.1% |
| Taxes | 450/3 | €56 | €292 | +€236 | +421.4% |
| Remuneration and social security | 454/9 | €2,900 | - | -€2,900 | |
| Other amounts payable | 47/48 | €10,396 | €10,148 | -€248 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,162 | €6,069 | +€3,907 | +180.7% |
| Gross operating margin | 9900 | €4,824 | €9,492 | +€4,668 | +96.8% |
| Operating profit (loss) | 9901 | €2,662 | €3,423 | +€761 | +28.6% |
| Financial income | 75/76B | €1 | €1 | = | 0.0% |
| Recurring financial income | 75 | €1 | €1 | = | 0.0% |
| Financial charges | 65/66B | €1,242 | €1,532 | +€290 | +23.3% |
| Recurring financial charges | 65 | €1,242 | €1,532 | +€290 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | €1,421 | €1,892 | +€471 | +33.1% |
| Profit (loss) for the period | 9904 | €1,421 | €1,892 | +€471 | +33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,421 | €1,892 | +€471 | +33.1% |
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 3 October 2026 via checked.be.