Green Origin: 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 Origin
Largest movements
- Receivables within one year -€33,567
down €33,567 (-87.1%), from €38,533 to €4,966
of which Trade receivables: -€36,460
- Tangible fixed assets +€15,384
up €15,384 (+182%), from €8,458 to €23,842
- Trade debts -€36,270
down €36,270 (-69.2%), from €52,390 to €16,120
- Tax, wage and social debts +€27,903
up €27,903 (+623%), from €4,480 to €32,383
of which Remuneration and social security: +€28,193
- Profit (loss) carried forward -€9,903
down €9,903 (-168%), from -€5,883 to -€15,786
- Purchases and services +€66,095
up €66,095 (+70.8%), from €93,319 to €159,414
- Gross operating margin -€17,868
down €17,868 (-47.6%), from €37,560 to €19,692
- Staff costs +€13,739
up €13,739 (+550%), from €2,496 to €16,235
- Other operating charges +€879
up €879 (+29.5%), from €2,980 to €3,859
- Depreciation -€625
down €625 (-7.5%), from €8,339 to €7,715
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 | €66,987 | €48,717 | -€18,269 | -27.3% |
| Fixed assets | 21/28 | €8,458 | €23,842 | +€15,384 | +182% |
| Tangible fixed assets | 22/27 | €8,458 | €23,842 | +€15,384 | +182% |
| Furniture and vehicles | 24 | €8,458 | €23,842 | +€15,384 | +182% |
| Current assets | 29/58 | €58,529 | €24,875 | -€33,654 | -57.5% |
| Amounts receivable within one year | 40/41 | €38,533 | €4,966 | -€33,567 | -87.1% |
| Trade receivables | 40 | €36,460 | - | -€36,460 | |
| Other amounts receivable | 41 | €2,072 | €4,966 | +€2,893 | +140% |
| Cash at bank and in hand | 54/58 | €19,996 | €19,909 | -€87 | -0.4% |
| Total equity and liabilities | 10/49 | €66,987 | €48,717 | -€18,269 | -27.3% |
| Equity | 10/15 | €10,117 | €214 | -€9,903 | -97.9% |
| Contributions | 10/11 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,883 | -€15,786 | -€9,903 | -168% |
| Amounts payable | 17/49 | €56,870 | €48,503 | -€8,367 | -14.7% |
| Amounts payable within one year | 42/48 | €56,870 | €48,503 | -€8,367 | -14.7% |
| Trade debts | 44 | €52,390 | €16,120 | -€36,270 | -69.2% |
| Suppliers | 440/4 | €52,390 | €16,120 | -€36,270 | -69.2% |
| Taxes, remuneration and social security | 45 | €4,480 | €32,383 | +€27,903 | +623% |
| Taxes | 450/3 | €3,161 | €2,871 | -€290 | -9.2% |
| Remuneration and social security | 454/9 | €1,319 | €29,512 | +€28,193 | +2,138% |
| Non-recurring operating income | 76A | €20,458 | - | -€20,458 | |
| Goods, raw materials, services and sundry goods | 60/61 | €93,319 | €159,414 | +€66,095 | +70.8% |
| Remuneration, social security and pensions | 62 | €2,496 | €16,235 | +€13,739 | +550% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,339 | €7,715 | -€625 | -7.5% |
| Other operating charges | 640/8 | €2,980 | €3,859 | +€879 | +29.5% |
| Non-recurring operating charges | 66A | €9,764 | €1,574 | -€8,190 | -83.9% |
| Gross operating margin | 9900 | €37,560 | €19,692 | -€17,868 | -47.6% |
| Operating profit (loss) | 9901 | €13,981 | -€9,691 | -€23,672 | |
| Financial charges | 65/66B | €217 | €212 | -€5 | -2.3% |
| Recurring financial charges | 65 | €217 | €212 | -€5 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €13,764 | -€9,903 | -€23,667 | |
| Profit (loss) for the period | 9904 | €13,764 | -€9,903 | -€23,667 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,764 | -€9,903 | -€23,667 |
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 17 October 2026 via checked.be.