GREEN NO LIMIT: 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 NO LIMIT
Largest movements
- Tangible fixed assets -€70,356
down €70,356 (-4.8%), from €1.5m to €1.4m
- Cash +€29,452
up €29,452 (+89.7%), from €32,829 to €62,281
mainly Depreciation (+€70,356) and Net result for the year (+€66,970)
- Debts after one year -€93,826
down €93,826 (-10.4%), from €901,310 to €807,484
- Profit (loss) carried forward +€66,970
up €66,970 (+25.5%), from €262,675 to €329,644
- Other debts -€27,273
down €27,273 (-86.4%), from €31,581 to €4,308
- Gross operating margin +€5,670
up €5,670 (+3.1%), from €184,205 to €189,874
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 | €1,493,649 | €1,451,559 | -€42,090 | -2.8% |
| Fixed assets | 21/28 | €1,455,457 | €1,385,100 | -€70,356 | -4.8% |
| Tangible fixed assets | 22/27 | €1,455,457 | €1,385,100 | -€70,356 | -4.8% |
| Land and buildings | 22 | €1,455,457 | €1,385,100 | -€70,356 | -4.8% |
| Current assets | 29/58 | €38,193 | €66,459 | +€28,267 | +74.0% |
| Amounts receivable within one year | 40/41 | €1,295 | - | -€1,295 | |
| Other amounts receivable | 41 | €1,295 | - | -€1,295 | |
| Cash at bank and in hand | 54/58 | €32,829 | €62,281 | +€29,452 | +89.7% |
| Deferred charges and accrued income | 490/1 | €4,069 | €4,179 | +€110 | +2.7% |
| Total equity and liabilities | 10/49 | €1,493,649 | €1,451,559 | -€42,090 | -2.8% |
| Equity | 10/15 | €466,475 | €533,444 | +€66,970 | +14.4% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €3,800 | €3,800 | = | 0.0% |
| Distributable reserves | 133 | €3,800 | €3,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €262,675 | €329,644 | +€66,970 | +25.5% |
| Amounts payable | 17/49 | €1,027,174 | €918,115 | -€109,059 | -10.6% |
| Amounts payable after more than one year | 17 | €901,310 | €807,484 | -€93,826 | -10.4% |
| Financial debts | 170/4 | €901,310 | €807,484 | -€93,826 | -10.4% |
| Amounts payable within one year | 42/48 | €125,864 | €110,631 | -€15,233 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €92,330 | €103,901 | +€11,571 | +12.5% |
| Trade debts | 44 | €688 | €89 | -€598 | -87.0% |
| Suppliers | 440/4 | €688 | €89 | -€598 | -87.0% |
| Taxes, remuneration and social security | 45 | €1,266 | €2,332 | +€1,067 | +84.3% |
| Taxes | 450/3 | €1,266 | €2,332 | +€1,067 | +84.3% |
| Other amounts payable | 47/48 | €31,581 | €4,308 | -€27,273 | -86.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,356 | €70,356 | = | 0.0% |
| Other operating charges | 640/8 | €13,460 | €13,883 | +€423 | +3.1% |
| Gross operating margin | 9900 | €184,205 | €189,874 | +€5,670 | +3.1% |
| Operating profit (loss) | 9901 | €100,388 | €105,635 | +€5,247 | +5.2% |
| Financial charges | 65/66B | €17,568 | €16,333 | -€1,235 | -7.0% |
| Recurring financial charges | 65 | €17,568 | €16,333 | -€1,235 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €82,820 | €89,302 | +€6,482 | +7.8% |
| Income taxes | 67/77 | €20,705 | €22,332 | +€1,627 | +7.9% |
| Profit (loss) for the period | 9904 | €62,115 | €66,970 | +€4,854 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,115 | €66,970 | +€4,854 | +7.8% |
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 24 October 2026 via checked.be.