GREEN PUBLICATIONS: 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 PUBLICATIONS
Largest movements
- Receivables within one year +€10,131
up €10,131 (+36.3%), from €27,893 to €38,024
of which Other amounts receivable: +€10,537
- Tangible fixed assets -€775
down €775 (-27.7%), from €2,802 to €2,027
of which Furniture and vehicles: -€432
- Trade debts +€10,910
up €10,910 (+41.9%), from €26,061 to €36,972
- Tax, wage and social debts -€4,746
down €4,746 (-61.6%), from €7,707 to €2,961
- Profit (loss) carried forward +€1,365
up €1,365 (+15.1%), from -€9,038 to -€7,674
- Accrued charges and deferred income +€1,081
up €1,081 (+220.2%), from €491 to €1,572
- Short-term financial debts +€807
up €807 (+55.0%), from €1,467 to €2,274
- Financial income -€3,231
down €3,231 (-99.4%), from €3,250 to €19
- Gross operating margin -€1,169
down €1,169 (-9.8%), from €11,915 to €10,746
- Depreciation -€640
down €640 (-24.5%), from €2,615 to €1,975
- Financial charges -€522
down €522 (-16.2%), from €3,219 to €2,696
- Taxes -€274
down €274 (-7.0%), from €3,933 to €3,659
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 | €46,048 | €55,464 | +€9,416 | +20.4% |
| Fixed assets | 21/28 | €17,275 | €16,500 | -€775 | -4.5% |
| Tangible fixed assets | 22/27 | €2,802 | €2,027 | -€775 | -27.7% |
| Plant, machinery and equipment | 23 | €343 | €0 | -€343 | -100.0% |
| Furniture and vehicles | 24 | €2,458 | €2,027 | -€432 | -17.6% |
| Financial fixed assets | 28 | €14,473 | €14,473 | = | 0.0% |
| Current assets | 29/58 | €28,773 | €38,964 | +€10,191 | +35.4% |
| Amounts receivable within one year | 40/41 | €27,893 | €38,024 | +€10,131 | +36.3% |
| Trade receivables | 40 | €407 | - | -€407 | |
| Other amounts receivable | 41 | €27,486 | €38,024 | +€10,537 | +38.3% |
| Cash at bank and in hand | 54/58 | - | €174 | +€174 | |
| Deferred charges and accrued income | 490/1 | €880 | €767 | -€113 | -12.8% |
| Total equity and liabilities | 10/49 | €46,048 | €55,464 | +€9,416 | +20.4% |
| Equity | 10/15 | €10,321 | €11,685 | +€1,365 | +13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €759 | €759 | = | 0.0% |
| Non-distributable reserves | 130/1 | €759 | €759 | = | 0.0% |
| Reserves not available under the articles | 1311 | €759 | €759 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,038 | -€7,674 | +€1,365 | +15.1% |
| Amounts payable | 17/49 | €35,727 | €43,779 | +€8,052 | +22.5% |
| Amounts payable within one year | 42/48 | €35,236 | €42,207 | +€6,971 | +19.8% |
| Financial debts | 43 | €1,467 | €2,274 | +€807 | +55.0% |
| Credit institutions | 430/8 | €1,467 | €2,274 | +€807 | +55.0% |
| Trade debts | 44 | €26,061 | €36,972 | +€10,910 | +41.9% |
| Suppliers | 440/4 | €26,061 | €36,972 | +€10,910 | +41.9% |
| Taxes, remuneration and social security | 45 | €7,707 | €2,961 | -€4,746 | -61.6% |
| Taxes | 450/3 | €7,707 | €2,961 | -€4,746 | -61.6% |
| Accrued charges and deferred income | 492/3 | €491 | €1,572 | +€1,081 | +220.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,615 | €1,975 | -€640 | -24.5% |
| Other operating charges | 640/8 | €799 | €1,070 | +€272 | +34.0% |
| Gross operating margin | 9900 | €11,915 | €10,746 | -€1,169 | -9.8% |
| Operating profit (loss) | 9901 | €8,501 | €7,701 | -€801 | -9.4% |
| Financial income | 75/76B | €3,250 | €19 | -€3,231 | -99.4% |
| Recurring financial income | 75 | €3,250 | €19 | -€3,231 | -99.4% |
| Financial charges | 65/66B | €3,219 | €2,696 | -€522 | -16.2% |
| Recurring financial charges | 65 | €3,219 | €2,696 | -€522 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €8,532 | €5,023 | -€3,509 | -41.1% |
| Income taxes | 67/77 | €3,933 | €3,659 | -€274 | -7.0% |
| Profit (loss) for the period | 9904 | €4,599 | €1,365 | -€3,235 | -70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,599 | €1,365 | -€3,235 | -70.3% |
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 12 October 2026 via checked.be.