GREEN PEAS: 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 PEAS
Largest movements
- Tangible fixed assets -€5,319
down €5,319 (-43.9%), from €12,124 to €6,805
of which Plant, machinery and equipment: -€5,246
- Receivables within one year -€3,843
down €3,843 (-33.2%), from €11,563 to €7,720
of which Trade receivables: -€2,356
- Cash +€1,749
up €1,749 (+6.2%), from €28,438 to €30,187
mainly Net result for the year (+€12,346) and Depreciation (+€6,819)
- Stocks and contracts +€1,551
up €1,551 (+3.8%), from €40,496 to €42,047
- Intangible fixed assets -€1,500
down €1,500 (-25.0%), from €6,000 to €4,500
- Other debts -€17,452
down €17,452 (-77.7%), from €22,452 to €5,000
- Reserves +€12,346
up €12,346 (+29.7%), from €41,520 to €53,866
- Trade debts -€1,753
down €1,753 (-6.0%), from €29,033 to €27,280
- Gross operating margin +€5,933
up €5,933 (+11.0%), from €53,907 to €59,840
- Staff costs +€2,078
up €2,078 (+6.4%), from €32,622 to €34,701
- Taxes +€893
up €893 (+24.8%), from €3,603 to €4,496
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.
Cash bridge derived
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 | €119,715 | €112,438 | -€7,277 | -6.1% |
| Fixed assets | 21/28 | €18,124 | €11,305 | -€6,819 | -37.6% |
| Intangible fixed assets | 21 | €6,000 | €4,500 | -€1,500 | -25.0% |
| Tangible fixed assets | 22/27 | €12,124 | €6,805 | -€5,319 | -43.9% |
| Plant, machinery and equipment | 23 | €11,977 | €6,731 | -€5,246 | -43.8% |
| Furniture and vehicles | 24 | €147 | €73 | -€73 | -50.0% |
| Current assets | 29/58 | €101,591 | €101,133 | -€458 | -0.5% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €40,496 | €42,047 | +€1,551 | +3.8% |
| Stocks | 30/36 | €40,496 | €42,047 | +€1,551 | +3.8% |
| Amounts receivable within one year | 40/41 | €11,563 | €7,720 | -€3,843 | -33.2% |
| Trade receivables | 40 | €2,356 | €0 | -€2,356 | -100.0% |
| Other amounts receivable | 41 | €9,207 | €7,720 | -€1,487 | -16.1% |
| Current investments | 50/53 | €200 | €200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,438 | €30,187 | +€1,749 | +6.2% |
| Deferred charges and accrued income | 490/1 | €894 | €979 | +€86 | +9.6% |
| Total equity and liabilities | 10/49 | €119,715 | €112,438 | -€7,277 | -6.1% |
| Equity | 10/15 | €60,120 | €72,466 | +€12,346 | +20.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,520 | €53,866 | +€12,346 | +29.7% |
| Distributable reserves | 133 | €41,520 | €53,866 | +€12,346 | +29.7% |
| Amounts payable | 17/49 | €59,595 | €39,971 | -€19,623 | -32.9% |
| Amounts payable within one year | 42/48 | €57,945 | €38,919 | -€19,026 | -32.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €29,033 | €27,280 | -€1,753 | -6.0% |
| Suppliers | 440/4 | €29,033 | €27,280 | -€1,753 | -6.0% |
| Taxes, remuneration and social security | 45 | €6,459 | €6,639 | +€179 | +2.8% |
| Taxes | 450/3 | €878 | €898 | +€20 | +2.3% |
| Remuneration and social security | 454/9 | €5,581 | €5,740 | +€159 | +2.9% |
| Other amounts payable | 47/48 | €22,452 | €5,000 | -€17,452 | -77.7% |
| Accrued charges and deferred income | 492/3 | €1,650 | €1,053 | -€597 | -36.2% |
| Non-recurring operating income | 76A | €1,587 | €331 | -€1,256 | -79.2% |
| Remuneration, social security and pensions | 62 | €32,622 | €34,701 | +€2,078 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,819 | €6,819 | = | 0.0% |
| Other operating charges | 640/8 | €777 | €738 | -€39 | -5.0% |
| Non-recurring operating charges | 66A | - | €155 | +€155 | |
| Gross operating margin | 9900 | €53,907 | €59,840 | +€5,933 | +11.0% |
| Operating profit (loss) | 9901 | €13,688 | €17,428 | +€3,739 | +27.3% |
| Financial income | 75/76B | €1,269 | €1,223 | -€47 | -3.7% |
| Recurring financial income | 75 | €1,269 | €1,223 | -€47 | -3.7% |
| Financial charges | 65/66B | €1,663 | €1,808 | +€146 | +8.8% |
| Recurring financial charges | 65 | €1,663 | €1,808 | +€146 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €13,295 | €16,842 | +€3,547 | +26.7% |
| Income taxes | 67/77 | €3,603 | €4,496 | +€893 | +24.8% |
| Profit (loss) for the period | 9904 | €9,692 | €12,346 | +€2,654 | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,692 | €12,346 | +€2,654 | +27.4% |
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 12 October 2026 via checked.be.