GREEN PEB: 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 PEB
Largest movements
- Cash +€35,831
up €35,831 (+215%), from €16,640 to €52,471
mainly Net result for the year (+€24,012) and Tax, wage and social debts (+€9,600)
- Tangible fixed assets -€4,424
down €4,424 (-18.3%), from €24,238 to €19,814
- Reserves +€43,326
new in 2025: €43,326
- Profit (loss) carried forward -€19,314
no longer reported in 2025 (was €19,314)
- Tax, wage and social debts +€9,600
up €9,600 (+84.0%), from €11,433 to €21,034
- Other debts -€4,968
down €4,968 (-44.0%), from €11,286 to €6,318
- Trade debts +€2,010
up €2,010 (+16,667%), from €12 to €2,022
- Gross operating margin +€19,299
up €19,299 (+69.6%), from €27,735 to €47,034
- Taxes +€9,224
up €9,224 (+143%), from €6,438 to €15,662
- Depreciation +€3,549
up €3,549 (+179%), from €1,982 to €5,531
- Other operating charges +€1,863
new in 2025: €1,863
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 | €43,045 | €74,700 | +€31,655 | +73.5% |
| Fixed assets | 21/28 | €24,238 | €19,814 | -€4,424 | -18.3% |
| Tangible fixed assets | 22/27 | €24,238 | €19,814 | -€4,424 | -18.3% |
| Furniture and vehicles | 24 | €24,238 | €19,814 | -€4,424 | -18.3% |
| Current assets | 29/58 | €18,807 | €54,886 | +€36,079 | +192% |
| Amounts receivable within one year | 40/41 | €2,167 | €2,415 | +€248 | +11.4% |
| Trade receivables | 40 | €2,167 | €2,415 | +€248 | +11.4% |
| Cash at bank and in hand | 54/58 | €16,640 | €52,471 | +€35,831 | +215% |
| Total equity and liabilities | 10/49 | €43,045 | €74,700 | +€31,655 | +73.5% |
| Equity | 10/15 | €20,314 | €45,326 | +€25,012 | +123% |
| Contributions | 10/11 | €1,000 | €2,000 | +€1,000 | +100% |
| Reserves | 13 | - | €43,326 | +€43,326 | |
| Distributable reserves | 133 | - | €43,326 | +€43,326 | |
| Profit (loss) carried forward | 14 | €19,314 | - | -€19,314 | |
| Amounts payable | 17/49 | €22,731 | €29,374 | +€6,643 | +29.2% |
| Amounts payable within one year | 42/48 | €22,731 | €29,374 | +€6,643 | +29.2% |
| Trade debts | 44 | €12 | €2,022 | +€2,010 | +16,667% |
| Suppliers | 440/4 | €12 | €2,022 | +€2,010 | +16,667% |
| Taxes, remuneration and social security | 45 | €11,433 | €21,034 | +€9,600 | +84.0% |
| Taxes | 450/3 | €11,433 | €21,034 | +€9,600 | +84.0% |
| Other amounts payable | 47/48 | €11,286 | €6,318 | -€4,968 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,982 | €5,531 | +€3,549 | +179% |
| Other operating charges | 640/8 | - | €1,863 | +€1,863 | |
| Gross operating margin | 9900 | €27,735 | €47,034 | +€19,299 | +69.6% |
| Operating profit (loss) | 9901 | €25,753 | €39,639 | +€13,887 | +53.9% |
| Financial income | 75/76B | - | €156 | +€156 | |
| Recurring financial income | 75 | - | €156 | +€156 | |
| Financial charges | 65/66B | €1 | €122 | +€121 | +19,898% |
| Recurring financial charges | 65 | €1 | €122 | +€121 | +19,898% |
| Profit (loss) for the period before taxes | 9903 | €25,752 | €39,674 | +€13,921 | +54.1% |
| Income taxes | 67/77 | €6,438 | €15,662 | +€9,224 | +143% |
| Profit (loss) for the period | 9904 | €19,314 | €24,012 | +€4,698 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,314 | €24,012 | +€4,698 | +24.3% |
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.