GREEN MIX: 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 MIX
Largest movements
- Receivables within one year +€175,704
up €175,704 (+178%), from €98,890 to €274,594
of which Trade receivables: +€173,575
- Cash +€127,815
up €127,815 (+515%), from €24,838 to €152,654
mainly Net result for the year (+€186,277) and Trade debts (+€65,460)
- Tangible fixed assets +€24,025
up €24,025 (+65.1%), from €36,885 to €60,910
of which Furniture and vehicles: +€31,493
- Stocks and contracts +€21,636
up €21,636 (+146%), from €14,839 to €36,475
- Profit (loss) carried forward +€186,277
up €186,277 (+917%), from €20,323 to €206,600
- Trade debts +€65,460
up €65,460 (+49.0%), from €133,722 to €199,182
- Tax, wage and social debts +€63,318
up €63,318 (+753%), from €8,406 to €71,724
of which Taxes: +€60,258
- Debts after one year +€34,126
new in 2025: €34,126
- Purchases and services +€397,336
up €397,336 (+30.1%), from €1.3m to €1.7m
- Gross operating margin +€248,692
up €248,692 (+843%), from €29,510 to €278,202
- Taxes +€53,919
up €53,919 (+3,290%), from €1,639 to €55,558
- Staff costs +€8,615
up €8,615 (+50.1%), from €17,201 to €25,816
- Depreciation +€6,502
up €6,502 (+181%), from €3,599 to €10,101
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 | €182,452 | €531,633 | +€349,181 | +191% |
| Fixed assets | 21/28 | €43,885 | €67,910 | +€24,025 | +54.7% |
| Tangible fixed assets | 22/27 | €36,885 | €60,910 | +€24,025 | +65.1% |
| Plant, machinery and equipment | 23 | €33,626 | €26,159 | -€7,468 | -22.2% |
| Furniture and vehicles | 24 | €3,259 | €34,752 | +€31,493 | +966% |
| Financial fixed assets | 28 | €7,000 | €7,000 | = | 0.0% |
| Current assets | 29/58 | €138,567 | €463,722 | +€325,155 | +235% |
| Stocks and contracts in progress | 3 | €14,839 | €36,475 | +€21,636 | +146% |
| Stocks | 30/36 | €14,839 | €36,475 | +€21,636 | +146% |
| Amounts receivable within one year | 40/41 | €98,890 | €274,594 | +€175,704 | +178% |
| Trade receivables | 40 | €91,072 | €264,647 | +€173,575 | +191% |
| Other amounts receivable | 41 | €7,818 | €9,947 | +€2,129 | +27.2% |
| Cash at bank and in hand | 54/58 | €24,838 | €152,654 | +€127,815 | +515% |
| Total equity and liabilities | 10/49 | €182,452 | €531,633 | +€349,181 | +191% |
| Equity | 10/15 | €40,323 | €226,600 | +€186,277 | +462% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,323 | €206,600 | +€186,277 | +917% |
| Amounts payable | 17/49 | €142,129 | €305,033 | +€162,904 | +115% |
| Amounts payable after more than one year | 17 | - | €34,126 | +€34,126 | |
| Financial debts | 170/4 | - | €34,126 | +€34,126 | |
| Amounts payable within one year | 42/48 | €142,129 | €270,906 | +€128,778 | +90.6% |
| Trade debts | 44 | €133,722 | €199,182 | +€65,460 | +49.0% |
| Suppliers | 440/4 | €133,722 | €199,182 | +€65,460 | +49.0% |
| Taxes, remuneration and social security | 45 | €8,406 | €71,724 | +€63,318 | +753% |
| Taxes | 450/3 | €7,933 | €68,191 | +€60,258 | +760% |
| Remuneration and social security | 454/9 | €473 | €3,533 | +€3,060 | +647% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,318,122 | €1,715,457 | +€397,336 | +30.1% |
| Remuneration, social security and pensions | 62 | €17,201 | €25,816 | +€8,615 | +50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,599 | €10,101 | +€6,502 | +181% |
| Other operating charges | 640/8 | - | €843 | +€843 | |
| Gross operating margin | 9900 | €29,510 | €278,202 | +€248,692 | +843% |
| Operating profit (loss) | 9901 | €8,710 | €241,442 | +€232,732 | +2,672% |
| Financial charges | 65/66B | €515 | -€393 | -€908 | |
| Recurring financial charges | 65 | €515 | -€393 | -€908 | |
| Profit (loss) for the period before taxes | 9903 | €8,195 | €241,835 | +€233,640 | +2,851% |
| Income taxes | 67/77 | €1,639 | €55,558 | +€53,919 | +3,290% |
| Profit (loss) for the period | 9904 | €6,556 | €186,277 | +€179,721 | +2,741% |
| Profit (loss) for the period to be appropriated | 9905 | €6,556 | €186,277 | +€179,721 | +2,741% |
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 18 October 2026 via checked.be.