GREEN PHOENIX SERVICES: 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 PHOENIX SERVICES
Largest movements
- Cash -€108,794
down €108,794 (-50.2%), from €216,763 to €107,968
mainly Other debts (-€128,750) and Contributions, distributions and other (-€23,881)
- Receivables within one year -€32,678
down €32,678 (-83.7%), from €39,055 to €6,377
of which Trade receivables: -€25,722
- Tangible fixed assets +€3,171
up €3,171 (+70.5%), from €4,501 to €7,672
- Other debts -€128,750
down €128,750 (-71.2%), from €180,954 to €52,204
- Tax, wage and social debts -€7,763
down €7,763 (-31.5%), from €24,675 to €16,912
- Gross operating margin +€5,280
up €5,280 (+18.4%), from €28,649 to €33,929
- Depreciation +€903
up €903 (+81.0%), from €1,115 to €2,017
- Taxes +€725
up €725 (+11.0%), from €6,617 to €7,342
- Financial charges -€556
down €556 (-77.5%), from €718 to €161
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 | €262,722 | €124,861 | -€137,861 | -52.5% |
| Fixed assets | 21/28 | €4,556 | €7,727 | +€3,171 | +69.6% |
| Tangible fixed assets | 22/27 | €4,501 | €7,672 | +€3,171 | +70.5% |
| Furniture and vehicles | 24 | €4,501 | €7,672 | +€3,171 | +70.5% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €258,166 | €117,133 | -€141,032 | -54.6% |
| Amounts receivable within one year | 40/41 | €39,055 | €6,377 | -€32,678 | -83.7% |
| Trade receivables | 40 | €30,310 | €4,587 | -€25,722 | -84.9% |
| Other amounts receivable | 41 | €8,745 | €1,790 | -€6,955 | -79.5% |
| Cash at bank and in hand | 54/58 | €216,763 | €107,968 | -€108,794 | -50.2% |
| Deferred charges and accrued income | 490/1 | €2,348 | €2,788 | +€440 | +18.7% |
| Total equity and liabilities | 10/49 | €262,722 | €124,861 | -€137,861 | -52.5% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| 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% |
| Amounts payable | 17/49 | €242,262 | €104,401 | -€137,861 | -56.9% |
| Amounts payable within one year | 42/48 | €242,262 | €104,401 | -€137,861 | -56.9% |
| Trade debts | 44 | €36,633 | €35,285 | -€1,348 | -3.7% |
| Suppliers | 440/4 | €36,633 | €35,285 | -€1,348 | -3.7% |
| Taxes, remuneration and social security | 45 | €24,675 | €16,912 | -€7,763 | -31.5% |
| Taxes | 450/3 | €24,675 | €16,912 | -€7,763 | -31.5% |
| Other amounts payable | 47/48 | €180,954 | €52,204 | -€128,750 | -71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,115 | €2,017 | +€903 | +81.0% |
| Other operating charges | 640/8 | €511 | €528 | +€17 | +3.4% |
| Gross operating margin | 9900 | €28,649 | €33,929 | +€5,280 | +18.4% |
| Operating profit (loss) | 9901 | €27,023 | €31,384 | +€4,360 | +16.1% |
| Financial charges | 65/66B | €718 | €161 | -€556 | -77.5% |
| Recurring financial charges | 65 | €718 | €161 | -€556 | -77.5% |
| Profit (loss) for the period before taxes | 9903 | €26,306 | €31,222 | +€4,917 | +18.7% |
| Income taxes | 67/77 | €6,617 | €7,342 | +€725 | +11.0% |
| Profit (loss) for the period | 9904 | €19,689 | €23,881 | +€4,192 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,689 | €23,881 | +€4,192 | +21.3% |
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 19 October 2026 via checked.be.