GREEN SYSTEMS: 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 SYSTEMS
Largest movements
- Receivables within one year -€712,674
down €712,674 (-99.7%), from €715,111 to €2,437
of which Other amounts receivable: -€708,439
- Deferred charges and accrued income -€60,000
down €60,000 (-99.8%), from €60,100 to €100
- Profit (loss) carried forward -€791,070
down €791,070 (-27.8%), from -€2.8m to -€3.6m
- Trade debts +€9,827
up €9,827 (+6206.6%), from €158 to €9,985
- Write-downs +€1.1m
new in 2024: €1.1m
- Gross operating margin +€274,405
up €274,405, from -€4,715 to €269,690
- Financial income -€34,811
down €34,811 (-41.2%), from €84,527 to €49,717
- Other operating charges -€3,196
down €3,196 (-87.6%), from €3,647 to €451
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €779,216 | €5,137 | -€774,079 | -99.3% |
| Fixed assets | 21/28 | €200 | €200 | = | 0.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €779,016 | €4,937 | -€774,079 | -99.4% |
| Amounts receivable within one year | 40/41 | €715,111 | €2,437 | -€712,674 | -99.7% |
| Trade receivables | 40 | €4,235 | €0 | -€4,235 | -100.0% |
| Other amounts receivable | 41 | €710,876 | €2,437 | -€708,439 | -99.7% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,806 | €2,400 | -€1,406 | -36.9% |
| Deferred charges and accrued income | 490/1 | €60,100 | €100 | -€60,000 | -99.8% |
| Total equity and liabilities | 10/49 | €779,216 | €5,137 | -€774,079 | -99.3% |
| Equity | 10/15 | €635,458 | -€155,613 | -€791,070 | |
| Contributions | 10/11 | €3,480,000 | €3,480,000 | = | 0.0% |
| Capital | 10 | €3,480,000 | €3,480,000 | = | 0.0% |
| Issued capital | 100 | €3,480,000 | €3,480,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,844,542 | -€3,635,613 | -€791,070 | -27.8% |
| Amounts payable | 17/49 | €143,758 | €160,750 | +€16,991 | +11.8% |
| Amounts payable within one year | 42/48 | €143,758 | €160,750 | +€16,991 | +11.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €158 | €9,985 | +€9,827 | +6206.6% |
| Suppliers | 440/4 | €158 | €9,985 | +€9,827 | +6206.6% |
| Other amounts payable | 47/48 | €143,600 | €150,764 | +€7,164 | +5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,109,954 | +€1.1m | |
| Other operating charges | 640/8 | €3,647 | €451 | -€3,196 | -87.6% |
| Gross operating margin | 9900 | -€4,715 | €269,690 | +€274,405 | |
| Operating profit (loss) | 9901 | -€8,362 | -€840,715 | -€832,353 | -9954.2% |
| Financial income | 75/76B | €84,527 | €49,717 | -€34,811 | -41.2% |
| Recurring financial income | 75 | €84,527 | €49,717 | -€34,811 | -41.2% |
| Financial charges | 65/66B | €1,153 | €72 | -€1,081 | -93.8% |
| Recurring financial charges | 65 | €1,153 | €72 | -€1,081 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | €75,012 | -€791,070 | -€866,083 | |
| Profit (loss) for the period | 9904 | €75,012 | -€791,070 | -€866,083 | |
| Profit (loss) for the period to be appropriated | 9905 | €75,012 | -€791,070 | -€866,083 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.