Green Star Energy: 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 Star Energy
Largest movements
- Cash +€3,230
up €3,230 (+1,385%), from €233 to €3,464
mainly Trade debts (+€4,169) and Other debts (+€3,453)
- Tangible fixed assets -€1,467
down €1,467 (-55.3%), from €2,652 to €1,186
- Receivables within one year +€1,121
up €1,121 (+79.1%), from €1,417 to €2,538
of which Other amounts receivable: +€2,007
- Deferred charges and accrued income -€135
no longer reported in 2025 (was €135)
- Profit (loss) carried forward -€4,873
down €4,873 (-27.6%), from -€17,631 to -€22,504
- Trade debts +€4,169
up €4,169 (+27.2%), from €15,335 to €19,504
- Other debts +€3,453
up €3,453 (+385%), from €897 to €4,350
- Gross operating margin +€10,084
up €10,084 (+76.9%), from -€13,113 to -€3,029
- Financial income -€195
no longer reported in 2025 (was €195)
- Depreciation +€182
up €182 (+14.2%), from €1,284 to €1,467
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 | €8,713 | €11,463 | +€2,750 | +31.6% |
| Fixed assets | 21/28 | €3,412 | €1,946 | -€1,467 | -43.0% |
| Tangible fixed assets | 22/27 | €2,652 | €1,186 | -€1,467 | -55.3% |
| Furniture and vehicles | 24 | €2,652 | €1,186 | -€1,467 | -55.3% |
| Financial fixed assets | 28 | €760 | €760 | = | 0.0% |
| Current assets | 29/58 | €5,301 | €9,517 | +€4,216 | +79.5% |
| Stocks and contracts in progress | 3 | €3,515 | €3,515 | = | 0.0% |
| Stocks | 30/36 | €3,515 | €3,515 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,417 | €2,538 | +€1,121 | +79.1% |
| Trade receivables | 40 | €886 | - | -€886 | |
| Other amounts receivable | 41 | €531 | €2,538 | +€2,007 | +378% |
| Cash at bank and in hand | 54/58 | €233 | €3,464 | +€3,230 | +1,385% |
| Deferred charges and accrued income | 490/1 | €135 | - | -€135 | |
| Total equity and liabilities | 10/49 | €8,713 | €11,463 | +€2,750 | +31.6% |
| Equity | 10/15 | -€7,519 | -€12,391 | -€4,873 | -64.8% |
| Contributions | 10/11 | €10,113 | €10,113 | = | 0.0% |
| Capital | 10 | €10,113 | €10,113 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Uncalled capital | 101 | €9,887 | €9,887 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,631 | -€22,504 | -€4,873 | -27.6% |
| Amounts payable | 17/49 | €16,232 | €23,854 | +€7,622 | +47.0% |
| Amounts payable within one year | 42/48 | €16,232 | €23,854 | +€7,622 | +47.0% |
| Trade debts | 44 | €15,335 | €19,504 | +€4,169 | +27.2% |
| Suppliers | 440/4 | €15,335 | €19,504 | +€4,169 | +27.2% |
| Other amounts payable | 47/48 | €897 | €4,350 | +€3,453 | +385% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,284 | €1,467 | +€182 | +14.2% |
| Other operating charges | 640/8 | €92 | €21 | -€71 | -76.9% |
| Gross operating margin | 9900 | -€13,113 | -€3,029 | +€10,084 | +76.9% |
| Operating profit (loss) | 9901 | -€14,489 | -€4,517 | +€9,972 | +68.8% |
| Financial income | 75/76B | €195 | - | -€195 | |
| Recurring financial income | 75 | €195 | - | -€195 | |
| Financial charges | 65/66B | €262 | €356 | +€94 | +35.8% |
| Recurring financial charges | 65 | €262 | €356 | +€94 | +35.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,556 | -€4,873 | +€9,684 | +66.5% |
| Profit (loss) for the period | 9904 | -€14,556 | -€4,873 | +€9,684 | +66.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,556 | -€4,873 | +€9,684 | +66.5% |
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 24 October 2026 via checked.be.