GREEN MIND SOLAR: 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 MIND SOLAR
Largest movements
- Receivables within one year +€55,214
up €55,214 (+667%), from €8,275 to €63,489
of which Trade receivables: +€35,406
- Cash -€9,978
down €9,978 (-57.1%), from €17,478 to €7,500
mainly Receivables within one year (-€55,214) and Net result for the year (-€5,665)
- Tangible fixed assets +€3,309
new in 2025: €3,309
of which Furniture and vehicles: +€2,133
- Stocks and contracts +€1,000
new in 2025: €1,000
- Trade debts +€24,792
up €24,792 (+447%), from €5,543 to €30,335
- Tax, wage and social debts +€21,681
up €21,681 (+566%), from €3,830 to €25,511
of which Taxes: +€17,923
- Other debts +€8,737
up €8,737 (+872%), from €1,001 to €9,738
- Profit (loss) carried forward -€5,665
down €5,665 (-38.1%), from €14,878 to €9,213
- Purchases and services +€93,995
up €93,995 (+176%), from €53,466 to €147,461
- Turnover +€70,850
up €70,850 (+97.7%), from €72,508 to €143,358
- Gross operating margin -€23,145
down €23,145, from €19,041 to -€4,103
- Taxes -€3,830
no longer reported in 2025 (was €3,830)
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 | €25,753 | €75,297 | +€49,544 | +192% |
| Fixed assets | 21/28 | - | €3,309 | +€3,309 | |
| Tangible fixed assets | 22/27 | - | €3,309 | +€3,309 | |
| Plant, machinery and equipment | 23 | - | €1,176 | +€1,176 | |
| Furniture and vehicles | 24 | - | €2,133 | +€2,133 | |
| Current assets | 29/58 | €25,753 | €71,989 | +€46,236 | +180% |
| Stocks and contracts in progress | 3 | - | €1,000 | +€1,000 | |
| Stocks | 30/36 | - | €1,000 | +€1,000 | |
| Amounts receivable within one year | 40/41 | €8,275 | €63,489 | +€55,214 | +667% |
| Trade receivables | 40 | €7,329 | €42,735 | +€35,406 | +483% |
| Other amounts receivable | 41 | €946 | €20,754 | +€19,808 | +2,094% |
| Cash at bank and in hand | 54/58 | €17,478 | €7,500 | -€9,978 | -57.1% |
| Total equity and liabilities | 10/49 | €25,753 | €75,297 | +€49,544 | +192% |
| Equity | 10/15 | €15,378 | €9,713 | -€5,665 | -36.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Contributions outside capital | 11 | €500 | €500 | = | 0.0% |
| Other | 1109/19 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,878 | €9,213 | -€5,665 | -38.1% |
| Amounts payable | 17/49 | €10,375 | €65,585 | +€55,210 | +532% |
| Amounts payable within one year | 42/48 | €10,375 | €65,585 | +€55,210 | +532% |
| Trade debts | 44 | €5,543 | €30,335 | +€24,792 | +447% |
| Suppliers | 440/4 | €5,543 | €30,335 | +€24,792 | +447% |
| Taxes, remuneration and social security | 45 | €3,830 | €25,511 | +€21,681 | +566% |
| Taxes | 450/3 | €3,830 | €21,753 | +€17,923 | +468% |
| Remuneration and social security | 454/9 | - | €3,758 | +€3,758 | |
| Other amounts payable | 47/48 | €1,001 | €9,738 | +€8,737 | +872% |
| Turnover | 70 | €72,508 | €143,358 | +€70,850 | +97.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €53,466 | €147,461 | +€93,995 | +176% |
| Remuneration, social security and pensions | 62 | - | €571 | +€571 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €853 | +€853 | |
| Other operating charges | 640/8 | €321 | €30 | -€291 | -90.7% |
| Gross operating margin | 9900 | €19,041 | -€4,103 | -€23,145 | |
| Operating profit (loss) | 9901 | €18,720 | -€5,557 | -€24,278 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +800% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +800% |
| Financial charges | 65/66B | €12 | €108 | +€96 | +794% |
| Recurring financial charges | 65 | €12 | €108 | +€96 | +794% |
| Profit (loss) for the period before taxes | 9903 | €18,708 | -€5,665 | -€24,374 | |
| Income taxes | 67/77 | €3,830 | - | -€3,830 | |
| Profit (loss) for the period | 9904 | €14,878 | -€5,665 | -€20,544 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,878 | -€5,665 | -€20,544 |
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 23 October 2026 via checked.be.