GREEN RENO: 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 RENO
Largest movements
- Receivables within one year +€13,798
up €13,798 (+847%), from €1,629 to €15,427
of which Trade receivables: +€10,592
- Tangible fixed assets -€1,500
down €1,500 (-42.2%), from €3,557 to €2,057
- Cash -€865
down €865 (-99.9%), from €866 to €1
mainly Receivables within one year (-€13,798) and Net result for the year (-€12,770)
- Tax, wage and social debts +€16,315
up €16,315 (+1,753%), from €930 to €17,246
of which Remuneration and social security: +€14,641
- Profit (loss) carried forward -€12,770
down €12,770, from €3,562 to -€9,208
- Current portion of long-term debt +€5,341
new in 2024: €5,341
- Trade debts +€1,991
up €1,991 (+356%), from €559 to €2,550
- Other debts +€556
new in 2024: €556
- Staff costs +€46,782
new in 2024: €46,782
- Gross operating margin +€30,204
up €30,204 (+565%), from €5,348 to €35,553
- Turnover +€29,362
up €29,362 (+113%), from €26,090 to €55,453
- Purchases and services +€9,452
up €9,452 (+45.6%), from €20,742 to €30,194
- Taxes -€930
no longer reported in 2024 (was €930)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,052 | €17,485 | +€11,433 | +189% |
| Fixed assets | 21/28 | €3,557 | €2,057 | -€1,500 | -42.2% |
| Tangible fixed assets | 22/27 | €3,557 | €2,057 | -€1,500 | -42.2% |
| Furniture and vehicles | 24 | €3,557 | €2,057 | -€1,500 | -42.2% |
| Current assets | 29/58 | €2,495 | €15,428 | +€12,933 | +518% |
| Amounts receivable within one year | 40/41 | €1,629 | €15,427 | +€13,798 | +847% |
| Trade receivables | 40 | €122 | €10,715 | +€10,592 | +8,661% |
| Other amounts receivable | 41 | €1,507 | €4,713 | +€3,206 | +213% |
| Cash at bank and in hand | 54/58 | €866 | €1 | -€865 | -99.9% |
| Total equity and liabilities | 10/49 | €6,052 | €17,485 | +€11,433 | +189% |
| Equity | 10/15 | €4,562 | -€8,208 | -€12,770 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,562 | -€9,208 | -€12,770 | |
| Amounts payable | 17/49 | €1,490 | €25,693 | +€24,203 | +1,625% |
| Amounts payable within one year | 42/48 | €1,490 | €25,693 | +€24,203 | +1,625% |
| Current portion of amounts payable after more than one year | 42 | - | €5,341 | +€5,341 | |
| Trade debts | 44 | €559 | €2,550 | +€1,991 | +356% |
| Suppliers | 440/4 | €559 | €2,550 | +€1,991 | +356% |
| Taxes, remuneration and social security | 45 | €930 | €17,246 | +€16,315 | +1,753% |
| Taxes | 450/3 | €930 | €2,604 | +€1,674 | +180% |
| Remuneration and social security | 454/9 | - | €14,641 | +€14,641 | |
| Other amounts payable | 47/48 | - | €556 | +€556 | |
| Turnover | 70 | €26,090 | €55,453 | +€29,362 | +113% |
| Non-recurring operating income | 76A | - | €6,596 | +€6,596 | |
| Goods, raw materials, services and sundry goods | 60/61 | €20,742 | €30,194 | +€9,452 | +45.6% |
| Remuneration, social security and pensions | 62 | - | €46,782 | +€46,782 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €943 | €1,500 | +€557 | +59.1% |
| Gross operating margin | 9900 | €5,348 | €35,553 | +€30,204 | +565% |
| Operating profit (loss) | 9901 | €4,405 | -€12,730 | -€17,135 | |
| Financial income | 75/76B | €143 | €169 | +€26 | +18.4% |
| Recurring financial income | 75 | €143 | €169 | +€26 | +18.4% |
| Financial charges | 65/66B | €55 | €209 | +€154 | +281% |
| Recurring financial charges | 65 | €55 | €209 | +€154 | +281% |
| Profit (loss) for the period before taxes | 9903 | €4,493 | -€12,770 | -€17,263 | |
| Income taxes | 67/77 | €930 | - | -€930 | |
| Profit (loss) for the period | 9904 | €3,562 | -€12,770 | -€16,333 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,562 | -€12,770 | -€16,333 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.