GREEN SPHERE: 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 SPHERE
Largest movements
- Tangible fixed assets +€5.2m
up €5.2m (+81.5%), from €6.4m to €11.5m
of which Land and buildings: +€3.6m
- Receivables within one year +€943,781
up €943,781 (+41006.1%), from €2,302 to €946,083
of which Trade receivables: +€941,931
- Debts after one year +€5.5m
up €5.5m (+220.0%), from €2.5m to €8.0m
- Trade debts +€756,271
up €756,271 (+273.2%), from €276,825 to €1.0m
- Profit (loss) carried forward -€158,460
down €158,460 (-130.3%), from -€121,574 to -€280,034
- Other debts +€140,050
up €140,050 (+333.9%), from €41,950 to €182,000
- Depreciation +€34,216
up €34,216 (+43.3%), from €79,030 to €113,245
- Financial charges +€987
up €987 (+231.3%), from €427 to €1,414
- Other operating charges +€976
up €976 (+3.1%), from €31,108 to €32,085
- Gross operating margin -€708
down €708 (-6.4%), from -€11,009 to -€11,717
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 | €6,355,330 | €12,535,727 | +€6.2m | +97.2% |
| Fixed assets | 21/28 | €6,350,514 | €11,528,055 | +€5.2m | +81.5% |
| Tangible fixed assets | 22/27 | €6,350,514 | €11,528,055 | +€5.2m | +81.5% |
| Land and buildings | 22 | €3,510,970 | €7,117,725 | +€3.6m | +102.7% |
| Assets under construction and advance payments | 27 | €2,839,544 | €4,410,330 | +€1.6m | +55.3% |
| Current assets | 29/58 | €4,815 | €1,007,672 | +€1.0m | +20826.1% |
| Amounts receivable within one year | 40/41 | €2,302 | €946,083 | +€943,781 | +41006.1% |
| Trade receivables | 40 | - | €941,931 | +€941,931 | |
| Other amounts receivable | 41 | €2,302 | €4,152 | +€1,851 | +80.4% |
| Cash at bank and in hand | 54/58 | €2,514 | €61,589 | +€59,075 | +2350.0% |
| Total equity and liabilities | 10/49 | €6,355,330 | €12,535,727 | +€6.2m | +97.2% |
| Equity | 10/15 | €3,478,426 | €3,319,966 | -€158,460 | -4.6% |
| Contributions | 10/11 | €3,600,000 | €3,600,000 | = | 0.0% |
| Capital | 10 | €3,600,000 | €3,600,000 | = | 0.0% |
| Issued capital | 100 | €3,600,000 | €3,600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€121,574 | -€280,034 | -€158,460 | -130.3% |
| Amounts payable | 17/49 | €2,876,904 | €9,215,761 | +€6.3m | +220.3% |
| Amounts payable after more than one year | 17 | €2,500,000 | €8,000,665 | +€5.5m | +220.0% |
| Financial debts | 170/4 | €2,500,000 | €8,000,665 | +€5.5m | +220.0% |
| Amounts payable within one year | 42/48 | €318,775 | €1,215,096 | +€896,322 | +281.2% |
| Trade debts | 44 | €276,825 | €1,033,096 | +€756,271 | +273.2% |
| Suppliers | 440/4 | €276,825 | €1,033,096 | +€756,271 | +273.2% |
| Other amounts payable | 47/48 | €41,950 | €182,000 | +€140,050 | +333.9% |
| Accrued charges and deferred income | 492/3 | €58,129 | €0 | -€58,129 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,030 | €113,245 | +€34,216 | +43.3% |
| Other operating charges | 640/8 | €31,108 | €32,085 | +€976 | +3.1% |
| Gross operating margin | 9900 | -€11,009 | -€11,717 | -€708 | -6.4% |
| Operating profit (loss) | 9901 | -€121,147 | -€157,046 | -€35,899 | -29.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €427 | €1,414 | +€987 | +231.3% |
| Recurring financial charges | 65 | €427 | €1,414 | +€987 | +231.3% |
| Profit (loss) for the period before taxes | 9903 | -€121,574 | -€158,460 | -€36,886 | -30.3% |
| Profit (loss) for the period | 9904 | -€121,574 | -€158,460 | -€36,886 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€121,574 | -€158,460 | -€36,886 | -30.3% |
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 11 October 2026 via checked.be.