Green Nest: 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 Nest
Largest movements
- Cash +€88,466
up €88,466 (+14,371%), from €616 to €89,081
mainly Net result for the year (+€86,161) and Tax, wage and social debts (+€57,524)
- Receivables within one year +€47,245
up €47,245 (+238%), from €19,857 to €67,102
of which Other amounts receivable: +€50,872
- Tangible fixed assets +€37,463
up €37,463 (+281%), from €13,333 to €50,796
- Deferred charges and accrued income +€2,467
up €2,467 (+177%), from €1,396 to €3,863
- Intangible fixed assets -€2,274
down €2,274 (-40.3%), from €5,639 to €3,365
- Reserves +€86,161
up €86,161 (+123,920%), from €70 to €86,231
of which Distributable reserves: +€86,161
- Tax, wage and social debts +€57,524
up €57,524 (+486%), from €11,845 to €69,370
- Debts after one year +€23,234
new in 2024: €23,234
- Current portion of long-term debt +€7,039
up €7,039 (+143%), from €4,931 to €11,969
- Gross operating margin +€108,597
up €108,597 (+318%), from €34,097 to €142,693
- Taxes +€34,193
up €34,193 (+552%), from €6,197 to €40,390
- Depreciation +€8,293
up €8,293 (+139%), from €5,966 to €14,259
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,841 | €221,208 | +€173,367 | +362% |
| Fixed assets | 21/28 | €25,972 | €61,161 | +€35,189 | +135% |
| Intangible fixed assets | 21 | €5,639 | €3,365 | -€2,274 | -40.3% |
| Tangible fixed assets | 22/27 | €13,333 | €50,796 | +€37,463 | +281% |
| Furniture and vehicles | 24 | €13,333 | €50,796 | +€37,463 | +281% |
| Financial fixed assets | 28 | €7,000 | €7,000 | = | 0.0% |
| Current assets | 29/58 | €21,869 | €160,047 | +€138,178 | +632% |
| Amounts receivable within one year | 40/41 | €19,857 | €67,102 | +€47,245 | +238% |
| Trade receivables | 40 | €15,657 | €12,030 | -€3,627 | -23.2% |
| Other amounts receivable | 41 | €4,200 | €55,072 | +€50,872 | +1,211% |
| Cash at bank and in hand | 54/58 | €616 | €89,081 | +€88,466 | +14,371% |
| Deferred charges and accrued income | 490/1 | €1,396 | €3,863 | +€2,467 | +177% |
| Total equity and liabilities | 10/49 | €47,841 | €221,208 | +€173,367 | +362% |
| Equity | 10/15 | €21,340 | €107,501 | +€86,161 | +404% |
| Contributions | 10/11 | €10,418 | €10,418 | = | 0.0% |
| Contributions outside capital | 11 | €10,418 | €10,418 | = | 0.0% |
| Other | 1109/19 | €10,418 | €10,418 | = | 0.0% |
| Reserves | 13 | €70 | €86,231 | +€86,161 | +123,920% |
| Non-distributable reserves | 130/1 | €70 | €70 | = | 0.0% |
| Reserves not available under the articles | 1311 | €70 | €70 | = | 0.0% |
| Distributable reserves | 133 | - | €86,161 | +€86,161 | |
| Profit (loss) carried forward | 14 | €10,852 | €10,852 | = | 0.0% |
| Amounts payable | 17/49 | €26,501 | €113,707 | +€87,206 | +329% |
| Amounts payable after more than one year | 17 | - | €23,234 | +€23,234 | |
| Financial debts | 170/4 | - | €23,234 | +€23,234 | |
| Amounts payable within one year | 42/48 | €26,501 | €90,472 | +€63,971 | +241% |
| Current portion of amounts payable after more than one year | 42 | €4,931 | €11,969 | +€7,039 | +143% |
| Trade debts | 44 | €2,434 | €2,678 | +€244 | +10.0% |
| Suppliers | 440/4 | €2,434 | €2,678 | +€244 | +10.0% |
| Taxes, remuneration and social security | 45 | €11,845 | €69,370 | +€57,524 | +486% |
| Taxes | 450/3 | €11,845 | €69,370 | +€57,524 | +486% |
| Other amounts payable | 47/48 | €7,291 | €6,455 | -€836 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,966 | €14,259 | +€8,293 | +139% |
| Other operating charges | 640/8 | €129 | €673 | +€544 | +421% |
| Gross operating margin | 9900 | €34,097 | €142,693 | +€108,597 | +318% |
| Operating profit (loss) | 9901 | €28,002 | €127,761 | +€99,760 | +356% |
| Financial charges | 65/66B | €335 | €1,210 | +€876 | +262% |
| Recurring financial charges | 65 | €335 | €1,210 | +€876 | +262% |
| Profit (loss) for the period before taxes | 9903 | €27,667 | €126,551 | +€98,884 | +357% |
| Income taxes | 67/77 | €6,197 | €40,390 | +€34,193 | +552% |
| Profit (loss) for the period | 9904 | €21,470 | €86,161 | +€64,691 | +301% |
| Profit (loss) for the period to be appropriated | 9905 | €21,470 | €86,161 | +€64,691 | +301% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.