GREEN SERVICE TECHNICS: 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 SERVICE TECHNICS
Largest movements
- Receivables within one year +€194,855
up €194,855 (+65.8%), from €296,337 to €491,192
of which Trade receivables: +€283,486
- Cash +€181,108
up €181,108 (+1,326%), from €13,663 to €194,771
mainly Advances received (+€280,635) and Depreciation (+€99,836)
- Tangible fixed assets -€68,191
down €68,191 (-26.2%), from €260,386 to €192,196
of which Plant, machinery and equipment: -€83,902
- Stocks and contracts +€32,960
up €32,960 (+14.3%), from €230,084 to €263,044
of which Contracts in progress: +€52,950
- Advances received +€280,635
up €280,635, from €0 to €280,635
- Trade debts -€105,422
down €105,422 (-17.2%), from €613,609 to €508,187
- Short-term financial debts +€99,647
up €99,647 (+28,191%), from €353 to €100,000
- Other debts +€37,473
up €37,473 (+289%), from €12,980 to €50,453
- Reserves +€19,298
up €19,298 (+20.2%), from €95,360 to €114,658
- Gross operating margin +€163,322
up €163,322 (+55.8%), from €292,591 to €455,913
- Staff costs +€138,987
up €138,987 (+106%), from €131,174 to €270,161
- Write-downs -€68,205
down €68,205 (-97.4%), from €70,000 to €1,795
- Depreciation +€58,393
up €58,393 (+141%), from €41,443 to €99,836
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 | €808,932 | €1,146,747 | +€337,815 | +41.8% |
| Fixed assets | 21/28 | €262,711 | €194,521 | -€68,191 | -26.0% |
| Tangible fixed assets | 22/27 | €260,386 | €192,196 | -€68,191 | -26.2% |
| Plant, machinery and equipment | 23 | €212,308 | €128,406 | -€83,902 | -39.5% |
| Furniture and vehicles | 24 | €21,919 | €17,057 | -€4,862 | -22.2% |
| Leasing and similar rights | 25 | €26,159 | €46,733 | +€20,573 | +78.6% |
| Financial fixed assets | 28 | €2,325 | €2,325 | = | 0.0% |
| Current assets | 29/58 | €546,220 | €952,226 | +€406,006 | +74.3% |
| Stocks and contracts in progress | 3 | €230,084 | €263,044 | +€32,960 | +14.3% |
| Stocks | 30/36 | €230,084 | €210,094 | -€19,990 | -8.7% |
| Contracts in progress | 37 | €0 | €52,950 | +€52,950 | |
| Amounts receivable within one year | 40/41 | €296,337 | €491,192 | +€194,855 | +65.8% |
| Trade receivables | 40 | €180,715 | €464,201 | +€283,486 | +157% |
| Other amounts receivable | 41 | €115,622 | €26,991 | -€88,631 | -76.7% |
| Cash at bank and in hand | 54/58 | €13,663 | €194,771 | +€181,108 | +1,326% |
| Deferred charges and accrued income | 490/1 | €6,137 | €3,219 | -€2,918 | -47.5% |
| Total equity and liabilities | 10/49 | €808,932 | €1,146,747 | +€337,815 | +41.8% |
| Equity | 10/15 | €113,960 | €133,258 | +€19,298 | +16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €95,360 | €114,658 | +€19,298 | +20.2% |
| Distributable reserves | 133 | €95,360 | €114,658 | +€19,298 | +20.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €694,972 | €1,013,489 | +€318,517 | +45.8% |
| Amounts payable after more than one year | 17 | €21,075 | €33,617 | +€12,541 | +59.5% |
| Financial debts | 170/4 | €21,075 | €33,617 | +€12,541 | +59.5% |
| Amounts payable within one year | 42/48 | €673,547 | €978,970 | +€305,423 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | €5,310 | €12,515 | +€7,205 | +136% |
| Financial debts | 43 | €353 | €100,000 | +€99,647 | +28,191% |
| Credit institutions | 430/8 | €353 | €100,000 | +€99,647 | +28,191% |
| Trade debts | 44 | €613,609 | €508,187 | -€105,422 | -17.2% |
| Suppliers | 440/4 | €613,609 | €508,187 | -€105,422 | -17.2% |
| Advances received on contracts in progress | 46 | €0 | €280,635 | +€280,635 | |
| Taxes, remuneration and social security | 45 | €41,294 | €27,179 | -€14,115 | -34.2% |
| Taxes | 450/3 | €25,594 | €3,904 | -€21,690 | -84.7% |
| Remuneration and social security | 454/9 | €15,700 | €23,275 | +€7,576 | +48.3% |
| Other amounts payable | 47/48 | €12,980 | €50,453 | +€37,473 | +289% |
| Accrued charges and deferred income | 492/3 | €349 | €903 | +€553 | +158% |
| Remuneration, social security and pensions | 62 | €131,174 | €270,161 | +€138,987 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,443 | €99,836 | +€58,393 | +141% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €70,000 | €1,795 | -€68,205 | -97.4% |
| Other operating charges | 640/8 | €1,322 | €2,073 | +€750 | +56.7% |
| Gross operating margin | 9900 | €292,591 | €455,913 | +€163,322 | +55.8% |
| Operating profit (loss) | 9901 | €48,652 | €82,050 | +€33,398 | +68.6% |
| Financial income | 75/76B | €793 | €26 | -€766 | -96.7% |
| Recurring financial income | 75 | €793 | €26 | -€766 | -96.7% |
| Financial charges | 65/66B | €1,205 | €2,665 | +€1,460 | +121% |
| Recurring financial charges | 65 | €1,205 | €2,665 | +€1,460 | +121% |
| Profit (loss) for the period before taxes | 9903 | €48,239 | €79,411 | +€31,172 | +64.6% |
| Income taxes | 67/77 | €8,472 | €10,114 | +€1,642 | +19.4% |
| Profit (loss) for the period | 9904 | €39,768 | €69,298 | +€29,530 | +74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,768 | €69,298 | +€29,530 | +74.3% |
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 21 October 2026 via checked.be.