GREEN PERFORMANCE: 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 PERFORMANCE
Largest movements
- Receivables within one year -€83,499
down €83,499 (-76.6%), from €109,059 to €25,559
of which Trade receivables: -€81,180
- Cash +€46,836
up €46,836 (+37.5%), from €124,779 to €171,615
mainly Net result for the year (+€122,282) and Receivables within one year (+€83,499)
- Stocks and contracts -€40,496
down €40,496 (-60.8%), from €66,578 to €26,082
- Tangible fixed assets -€17,925
down €17,925 (-41.4%), from €43,280 to €25,354
of which Other tangible fixed assets: -€10,949
- Deferred charges and accrued income -€4,888
down €4,888 (-90.5%), from €5,401 to €512
- Advances received -€65,898
no longer reported in 2025 (was €65,898)
- Profit (loss) carried forward -€47,718
down €47,718 (-92.8%), from €51,414 to €3,696
- Tax, wage and social debts +€11,550
up €11,550 (+17.9%), from €64,488 to €76,037
- Gross operating margin +€79,574
up €79,574 (+102.9%), from €77,317 to €156,891
- Taxes +€23,318
up €23,318 (+118.5%), from €19,681 to €42,998
- Financial income +€10,591
up €10,591 (+72.7%), from €14,576 to €25,167
- Depreciation -€2,948
down €2,948 (-15.4%), from €19,180 to €16,232
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 | €349,121 | €249,148 | -€99,973 | -28.6% |
| Fixed assets | 21/28 | €43,305 | €25,379 | -€17,925 | -41.4% |
| Tangible fixed assets | 22/27 | €43,280 | €25,354 | -€17,925 | -41.4% |
| Furniture and vehicles | 24 | €14,549 | €7,573 | -€6,977 | -48.0% |
| Other tangible fixed assets | 26 | €28,730 | €17,782 | -€10,949 | -38.1% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €305,816 | €223,769 | -€82,048 | -26.8% |
| Stocks and contracts in progress | 3 | €66,578 | €26,082 | -€40,496 | -60.8% |
| Stocks | 30/36 | €66,578 | €26,082 | -€40,496 | -60.8% |
| Amounts receivable within one year | 40/41 | €109,059 | €25,559 | -€83,499 | -76.6% |
| Trade receivables | 40 | €106,739 | €25,559 | -€81,180 | -76.1% |
| Other amounts receivable | 41 | €2,319 | - | -€2,319 | |
| Cash at bank and in hand | 54/58 | €124,779 | €171,615 | +€46,836 | +37.5% |
| Deferred charges and accrued income | 490/1 | €5,401 | €512 | -€4,888 | -90.5% |
| Total equity and liabilities | 10/49 | €349,121 | €249,148 | -€99,973 | -28.6% |
| Equity | 10/15 | €71,874 | €24,156 | -€47,718 | -66.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,414 | €3,696 | -€47,718 | -92.8% |
| Amounts payable | 17/49 | €277,247 | €224,992 | -€52,255 | -18.8% |
| Amounts payable within one year | 42/48 | €277,247 | €224,992 | -€52,255 | -18.8% |
| Trade debts | 44 | €527 | €3,215 | +€2,689 | +510.6% |
| Suppliers | 440/4 | €527 | €3,215 | +€2,689 | +510.6% |
| Advances received on contracts in progress | 46 | €65,898 | - | -€65,898 | |
| Taxes, remuneration and social security | 45 | €64,488 | €76,037 | +€11,550 | +17.9% |
| Taxes | 450/3 | €64,488 | €76,037 | +€11,550 | +17.9% |
| Other amounts payable | 47/48 | €146,335 | €145,740 | -€596 | -0.4% |
| Non-recurring operating income | 76A | €3,000 | €9,811 | +€6,811 | +227.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,180 | €16,232 | -€2,948 | -15.4% |
| Other operating charges | 640/8 | €448 | €453 | +€5 | +1.1% |
| Gross operating margin | 9900 | €77,317 | €156,891 | +€79,574 | +102.9% |
| Operating profit (loss) | 9901 | €57,688 | €140,205 | +€82,517 | +143.0% |
| Financial income | 75/76B | €14,576 | €25,167 | +€10,591 | +72.7% |
| Recurring financial income | 75 | €14,576 | €25,167 | +€10,591 | +72.7% |
| Financial charges | 65/66B | €449 | €92 | -€357 | -79.6% |
| Recurring financial charges | 65 | €449 | €92 | -€357 | -79.6% |
| Profit (loss) for the period before taxes | 9903 | €71,816 | €165,281 | +€93,465 | +130.1% |
| Income taxes | 67/77 | €19,681 | €42,998 | +€23,318 | +118.5% |
| Profit (loss) for the period | 9904 | €52,135 | €122,282 | +€70,147 | +134.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,135 | €122,282 | +€70,147 | +134.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.