green services: 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 services
Largest movements
- Receivables within one year -€132,493
down €132,493 (-68.5%), from €193,464 to €60,971
of which Other amounts receivable: -€74,819
- Tangible fixed assets -€35,364
down €35,364 (-39.2%), from €90,280 to €54,916
of which Land and buildings: -€22,568
- Cash +€19,952
up €19,952 (+119.3%), from €16,728 to €36,680
mainly Receivables within one year (+€132,493) and Depreciation (+€37,080)
- Deferred charges and accrued income -€7,237
down €7,237 (-59.0%), from €12,269 to €5,032
- Other debts -€115,652
down €115,652 (-55.5%), from €208,546 to €92,894
- Tax, wage and social debts -€39,810
down €39,810 (-25.3%), from €157,509 to €117,699
of which Remuneration and social security: -€40,603
- Profit (loss) carried forward +€36,336
up €36,336 (+17.7%), from -€205,062 to -€168,726
- Debts after one year -€31,734
down €31,734 (-51.5%), from €61,591 to €29,857
- Staff costs +€45,697
up €45,697 (+15.2%), from €301,120 to €346,817
- Gross operating margin +€22,469
up €22,469 (+5.1%), from €439,875 to €462,344
- Taxes -€21,818
down €21,818, from €13,046 to -€8,772
- Depreciation -€16,114
down €16,114 (-30.3%), from €53,194 to €37,080
- Other operating charges +€8,573
up €8,573 (+132.4%), from €6,474 to €15,047
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 | €339,244 | €186,052 | -€153,192 | -45.2% |
| Fixed assets | 21/28 | €90,498 | €55,134 | -€35,364 | -39.1% |
| Tangible fixed assets | 22/27 | €90,280 | €54,916 | -€35,364 | -39.2% |
| Land and buildings | 22 | €55,251 | €32,683 | -€22,568 | -40.8% |
| Plant, machinery and equipment | 23 | €20,200 | €15,150 | -€5,050 | -25.0% |
| Furniture and vehicles | 24 | €13,385 | €7,083 | -€6,302 | -47.1% |
| Leasing and similar rights | 25 | €1,444 | - | -€1,444 | |
| Financial fixed assets | 28 | €218 | €218 | = | 0.0% |
| Current assets | 29/58 | €248,746 | €130,918 | -€117,828 | -47.4% |
| Stocks and contracts in progress | 3 | €26,285 | €28,235 | +€1,950 | +7.4% |
| Stocks | 30/36 | €26,285 | €28,235 | +€1,950 | +7.4% |
| Amounts receivable within one year | 40/41 | €193,464 | €60,971 | -€132,493 | -68.5% |
| Trade receivables | 40 | €116,906 | €59,232 | -€57,674 | -49.3% |
| Other amounts receivable | 41 | €76,558 | €1,739 | -€74,819 | -97.7% |
| Cash at bank and in hand | 54/58 | €16,728 | €36,680 | +€19,952 | +119.3% |
| Deferred charges and accrued income | 490/1 | €12,269 | €5,032 | -€7,237 | -59.0% |
| Total equity and liabilities | 10/49 | €339,244 | €186,052 | -€153,192 | -45.2% |
| Equity | 10/15 | -€140,634 | -€104,298 | +€36,336 | +25.8% |
| Contributions | 10/11 | €63,957 | €63,957 | = | 0.0% |
| Capital | 10 | €63,957 | €63,957 | = | 0.0% |
| Issued capital | 100 | €63,957 | €63,957 | = | 0.0% |
| Reserves | 13 | €471 | €471 | = | 0.0% |
| Non-distributable reserves | 130/1 | €471 | €471 | = | 0.0% |
| Legal reserve | 130 | €471 | €471 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€205,062 | -€168,726 | +€36,336 | +17.7% |
| Amounts payable | 17/49 | €479,878 | €290,350 | -€189,528 | -39.5% |
| Amounts payable after more than one year | 17 | €61,591 | €29,857 | -€31,734 | -51.5% |
| Financial debts | 170/4 | €61,591 | €29,857 | -€31,734 | -51.5% |
| Amounts payable within one year | 42/48 | €418,047 | €260,493 | -€157,554 | -37.7% |
| Current portion of amounts payable after more than one year | 42 | €30,885 | €31,735 | +€850 | +2.8% |
| Trade debts | 44 | €21,107 | €18,165 | -€2,942 | -13.9% |
| Suppliers | 440/4 | €21,107 | €18,165 | -€2,942 | -13.9% |
| Taxes, remuneration and social security | 45 | €157,509 | €117,699 | -€39,810 | -25.3% |
| Taxes | 450/3 | €19,176 | €19,969 | +€793 | +4.1% |
| Remuneration and social security | 454/9 | €138,333 | €97,730 | -€40,603 | -29.4% |
| Other amounts payable | 47/48 | €208,546 | €92,894 | -€115,652 | -55.5% |
| Accrued charges and deferred income | 492/3 | €240 | - | -€240 | |
| Remuneration, social security and pensions | 62 | €301,120 | €346,817 | +€45,697 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,194 | €37,080 | -€16,114 | -30.3% |
| Other operating charges | 640/8 | €6,474 | €15,047 | +€8,573 | +132.4% |
| Non-recurring operating charges | 66A | €16,638 | €18,822 | +€2,184 | +13.1% |
| Gross operating margin | 9900 | €439,875 | €462,344 | +€22,469 | +5.1% |
| Operating profit (loss) | 9901 | €62,449 | €44,578 | -€17,871 | -28.6% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €15,080 | €17,014 | +€1,934 | +12.8% |
| Recurring financial charges | 65 | €15,080 | €17,014 | +€1,934 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €47,371 | €27,564 | -€19,807 | -41.8% |
| Income taxes | 67/77 | €13,046 | -€8,772 | -€21,818 | |
| Profit (loss) for the period | 9904 | €34,325 | €36,336 | +€2,011 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,325 | €36,336 | +€2,011 | +5.9% |
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 8 October 2026 via checked.be.