GREEN RABBIT: what changed
Two fiscal 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 RABBIT
Largest movements
- Receivables within one year -€14,056
down €14,056 (-96.8%), from €14,518 to €462
of which Trade receivables: -€7,735
- Cash -€6,168
down €6,168 (-72.0%), from €8,563 to €2,395
mainly Investment in fixed assets (net) (-€28,450) and Trade debts (-€13,350)
- Trade debts -€13,350
down €13,350 (-26.2%), from €50,915 to €37,564
- Debts after one year -€11,260
down €11,260 (-19.1%), from €58,939 to €47,680
- Other debts +€6,965
up €6,965 (+31.3%), from €22,276 to €29,241
- Tax, wage and social debts -€4,403
down €4,403 (-95.8%), from €4,598 to €195
of which Remuneration and social security: -€2,293
- Reserves +€1,953
up €1,953 (+13.4%), from €14,565 to €16,518
of which Distributable reserves: +€1,953
- Turnover +€106,731
up €106,731 (+63.7%), from €167,682 to €274,414
- Purchases and services +€90,754
up €90,754 (+66.8%), from €135,890 to €226,645
- Gross operating margin +€15,977
up €15,977 (+50.3%), from €31,792 to €47,769
- Depreciation +€10,682
up €10,682 (+59.8%), from €17,865 to €28,546
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 | €182,180 | €162,458 | -€19,723 | -10.8% |
| Fixed assets | 21/28 | €155,544 | €155,447 | -€96 | -0.1% |
| Tangible fixed assets | 22/27 | €155,544 | €155,447 | -€96 | -0.1% |
| Land and buildings | 22 | €69,286 | €65,265 | -€4,022 | -5.8% |
| Plant, machinery and equipment | 23 | €85,519 | €89,761 | +€4,242 | +5.0% |
| Furniture and vehicles | 24 | €738 | €422 | -€316 | -42.8% |
| Current assets | 29/58 | €26,637 | €7,010 | -€19,626 | -73.7% |
| Stocks and contracts in progress | 3 | €3,556 | €3,203 | -€354 | -9.9% |
| Stocks | 30/36 | €3,556 | €3,203 | -€354 | -9.9% |
| Amounts receivable within one year | 40/41 | €14,518 | €462 | -€14,056 | -96.8% |
| Trade receivables | 40 | €7,735 | - | -€7,735 | |
| Other amounts receivable | 41 | €6,782 | €462 | -€6,321 | -93.2% |
| Cash at bank and in hand | 54/58 | €8,563 | €2,395 | -€6,168 | -72.0% |
| Deferred charges and accrued income | 490/1 | - | €951 | +€951 | |
| Total equity and liabilities | 10/49 | €182,180 | €162,458 | -€19,723 | -10.8% |
| Equity | 10/15 | €34,565 | €36,518 | +€1,953 | +5.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €14,565 | €16,518 | +€1,953 | +13.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €12,565 | €14,518 | +€1,953 | +15.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €147,616 | €125,940 | -€21,676 | -14.7% |
| Amounts payable after more than one year | 17 | €58,939 | €47,680 | -€11,260 | -19.1% |
| Financial debts | 170/4 | €58,939 | €47,680 | -€11,260 | -19.1% |
| Amounts payable within one year | 42/48 | €88,676 | €78,260 | -€10,416 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €10,888 | €11,260 | +€372 | +3.4% |
| Trade debts | 44 | €50,915 | €37,564 | -€13,350 | -26.2% |
| Suppliers | 440/4 | €50,915 | €37,564 | -€13,350 | -26.2% |
| Taxes, remuneration and social security | 45 | €4,598 | €195 | -€4,403 | -95.8% |
| Taxes | 450/3 | €2,305 | €195 | -€2,110 | -91.5% |
| Remuneration and social security | 454/9 | €2,293 | - | -€2,293 | |
| Other amounts payable | 47/48 | €22,276 | €29,241 | +€6,965 | +31.3% |
| Turnover | 70 | €167,682 | €274,414 | +€106,731 | +63.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €135,890 | €226,645 | +€90,754 | +66.8% |
| Remuneration, social security and pensions | 62 | €11,105 | €11,447 | +€341 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,865 | €28,546 | +€10,682 | +59.8% |
| Gross operating margin | 9900 | €31,792 | €47,769 | +€15,977 | +50.3% |
| Operating profit (loss) | 9901 | €2,822 | €7,776 | +€4,954 | +175.6% |
| Financial income | 75/76B | €117 | €1 | -€116 | -99.1% |
| Recurring financial income | 75 | €117 | €1 | -€116 | -99.1% |
| Financial charges | 65/66B | €2,303 | €4,081 | +€1,778 | +77.2% |
| Recurring financial charges | 65 | €2,303 | €4,081 | +€1,778 | +77.2% |
| Profit (loss) for the period before taxes | 9903 | €636 | €3,696 | +€3,060 | +481.1% |
| Income taxes | 67/77 | €58 | €1,743 | +€1,685 | +2914.5% |
| Profit (loss) for the period | 9904 | €578 | €1,953 | +€1,375 | +237.7% |
| Profit (loss) for the period to be appropriated | 9905 | €578 | €1,953 | +€1,375 | +237.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.