GREEN ROCK: 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 ROCK
Largest movements
- Stocks and contracts -€225,446
down €225,446 (-23.7%), from €950,976 to €725,530
- Receivables within one year +€90,937
up €90,937 (+63.4%), from €143,383 to €234,320
of which Other amounts receivable: +€153,204
- Tangible fixed assets +€55,826
up €55,826 (+2,416%), from €2,311 to €58,137
of which Furniture and vehicles: +€55,973
- Cash -€12,117
down €12,117 (-58.5%), from €20,721 to €8,604
mainly Other debts (-€677,635) and Receivables within one year (-€90,937)
- Other debts -€677,635
down €677,635 (-96.4%), from €702,843 to €25,208
- Debts after one year +€496,455
up €496,455 (+199%), from €250,000 to €746,455
of which Other amounts payable: +€700,000
- Provisions +€37,000
new in 2025: €37,000
- Reserves +€25,514
up €25,514 (+25.3%), from €100,947 to €126,461
- Tax, wage and social debts +€18,417
up €18,417 (+49.5%), from €37,210 to €55,627
- Provisions +€37,000
new in 2025: €37,000
- Gross operating margin +€26,553
up €26,553 (+30.1%), from €88,265 to €114,817
- Financial charges +€7,214
up €7,214 (+34.9%), from €20,680 to €27,893
- Taxes +€3,326
up €3,326 (+18.1%), from €18,350 to €21,676
- Financial income +€3,069
new in 2025: €3,069
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 | €1,119,410 | €1,028,264 | -€91,146 | -8.1% |
| Fixed assets | 21/28 | €3,311 | €59,137 | +€55,826 | +1,686% |
| Tangible fixed assets | 22/27 | €2,311 | €58,137 | +€55,826 | +2,416% |
| Land and buildings | 22 | €241 | €94 | -€147 | -61.0% |
| Furniture and vehicles | 24 | €2,070 | €58,043 | +€55,973 | +2,704% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €1,116,099 | €969,127 | -€146,971 | -13.2% |
| Stocks and contracts in progress | 3 | €950,976 | €725,530 | -€225,446 | -23.7% |
| Stocks | 30/36 | €950,976 | €725,530 | -€225,446 | -23.7% |
| Amounts receivable within one year | 40/41 | €143,383 | €234,320 | +€90,937 | +63.4% |
| Trade receivables | 40 | €88,931 | €26,663 | -€62,268 | -70.0% |
| Other amounts receivable | 41 | €54,453 | €207,657 | +€153,204 | +281% |
| Cash at bank and in hand | 54/58 | €20,721 | €8,604 | -€12,117 | -58.5% |
| Deferred charges and accrued income | 490/1 | €1,019 | €674 | -€345 | -33.8% |
| Total equity and liabilities | 10/49 | €1,119,410 | €1,028,264 | -€91,146 | -8.1% |
| Equity | 10/15 | €119,313 | €144,827 | +€25,514 | +21.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €100,947 | €126,461 | +€25,514 | +25.3% |
| Distributable reserves | 133 | €100,947 | €126,461 | +€25,514 | +25.3% |
| Profit (loss) carried forward | 14 | €15,866 | €15,866 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €37,000 | +€37,000 | |
| Provisions for liabilities and charges | 160/5 | - | €37,000 | +€37,000 | |
| Other liabilities and charges | 164/5 | - | €37,000 | +€37,000 | |
| Amounts payable | 17/49 | €1,000,097 | €846,437 | -€153,660 | -15.4% |
| Amounts payable after more than one year | 17 | €250,000 | €746,455 | +€496,455 | +199% |
| Financial debts | 170/4 | €250,000 | €46,455 | -€203,545 | -81.4% |
| Other amounts payable | 178/9 | - | €700,000 | +€700,000 | |
| Amounts payable within one year | 42/48 | €750,097 | €99,982 | -€650,115 | -86.7% |
| Current portion of amounts payable after more than one year | 42 | - | €9,394 | +€9,394 | |
| Trade debts | 44 | €10,044 | €9,753 | -€291 | -2.9% |
| Suppliers | 440/4 | €10,044 | €9,753 | -€291 | -2.9% |
| Taxes, remuneration and social security | 45 | €37,210 | €55,627 | +€18,417 | +49.5% |
| Taxes | 450/3 | €37,210 | €55,627 | +€18,417 | +49.5% |
| Other amounts payable | 47/48 | €702,843 | €25,208 | -€677,635 | -96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,128 | €1,813 | +€686 | +60.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €37,000 | +€37,000 | |
| Other operating charges | 640/8 | €3,367 | €3,989 | +€622 | +18.5% |
| Gross operating margin | 9900 | €88,265 | €114,817 | +€26,553 | +30.1% |
| Operating profit (loss) | 9901 | €83,769 | €72,015 | -€11,755 | -14.0% |
| Financial income | 75/76B | - | €3,069 | +€3,069 | |
| Recurring financial income | 75 | - | €3,069 | +€3,069 | |
| Financial charges | 65/66B | €20,680 | €27,893 | +€7,214 | +34.9% |
| Recurring financial charges | 65 | €20,680 | €27,893 | +€7,214 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | €63,090 | €47,190 | -€15,900 | -25.2% |
| Income taxes | 67/77 | €18,350 | €21,676 | +€3,326 | +18.1% |
| Profit (loss) for the period | 9904 | €44,739 | €25,514 | -€19,225 | -43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €44,739 | €25,514 | -€19,225 | -43.0% |
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 13 October 2026 via checked.be.