GREEN-TECH: 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-TECH
Largest movements
- Stocks and contracts +€146,454
up €146,454 (+184.6%), from €79,354 to €225,809
- Cash -€82,625
down €82,625 (-81.3%), from €101,605 to €18,979
mainly Stocks and contracts (-€146,454) and Debts after one year (-€48,639)
- Receivables within one year -€66,416
down €66,416 (-58.9%), from €112,735 to €46,319
of which Trade receivables: -€74,056
- Receivables after one year -€54,839
down €54,839 (-16.0%), from €342,952 to €288,113
- Tangible fixed assets -€48,176
down €48,176 (-16.6%), from €289,954 to €241,778
of which Furniture and vehicles: -€34,901
- Debts after one year -€48,639
down €48,639 (-7.3%), from €670,083 to €621,444
- Profit (loss) carried forward -€38,566
down €38,566 (-317.8%), from -€12,137 to -€50,702
- Gross operating margin +€79,412
up €79,412 (+4857.1%), from €1,635 to €81,047
- Other operating charges -€14,006
down €14,006 (-83.5%), from €16,776 to €2,770
- Depreciation +€5,912
up €5,912 (+9.0%), from €65,952 to €71,864
- Financial income -€5,727
down €5,727 (-30.9%), from €18,522 to €12,794
- Staff costs +€5,326
up €5,326 (+11.8%), from €45,000 to €50,326
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 | €955,764 | €850,363 | -€105,401 | -11.0% |
| Fixed assets | 21/28 | €301,638 | €257,014 | -€44,624 | -14.8% |
| Intangible fixed assets | 21 | - | €3,552 | +€3,552 | |
| Tangible fixed assets | 22/27 | €289,954 | €241,778 | -€48,176 | -16.6% |
| Land and buildings | 22 | €39,140 | €31,273 | -€7,868 | -20.1% |
| Plant, machinery and equipment | 23 | €36,342 | €30,934 | -€5,407 | -14.9% |
| Furniture and vehicles | 24 | €214,472 | €179,572 | -€34,901 | -16.3% |
| Financial fixed assets | 28 | €11,684 | €11,684 | = | 0.0% |
| Current assets | 29/58 | €654,126 | €593,349 | -€60,777 | -9.3% |
| Amounts receivable after more than one year | 29 | €342,952 | €288,113 | -€54,839 | -16.0% |
| Other amounts receivable | 291 | €342,952 | €288,113 | -€54,839 | -16.0% |
| Stocks and contracts in progress | 3 | €79,354 | €225,809 | +€146,454 | +184.6% |
| Stocks | 30/36 | €79,354 | €225,809 | +€146,454 | +184.6% |
| Amounts receivable within one year | 40/41 | €112,735 | €46,319 | -€66,416 | -58.9% |
| Trade receivables | 40 | €108,542 | €34,486 | -€74,056 | -68.2% |
| Other amounts receivable | 41 | €4,194 | €11,833 | +€7,640 | +182.2% |
| Cash at bank and in hand | 54/58 | €101,605 | €18,979 | -€82,625 | -81.3% |
| Deferred charges and accrued income | 490/1 | €17,479 | €14,129 | -€3,351 | -19.2% |
| Total equity and liabilities | 10/49 | €955,764 | €850,363 | -€105,401 | -11.0% |
| Equity | 10/15 | €117,130 | €73,995 | -€43,136 | -36.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €29,267 | €24,697 | -€4,570 | -15.6% |
| Non-distributable reserves | 130/1 | €1,136 | €1,136 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,136 | €1,136 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,869 | €22,299 | -€4,570 | -17.0% |
| Distributable reserves | 133 | €1,261 | €1,261 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,137 | -€50,702 | -€38,566 | -317.8% |
| Provisions and deferred taxes | 16 | €5,487 | €3,964 | -€1,523 | -27.8% |
| Deferred taxes | 168 | €5,487 | €3,964 | -€1,523 | -27.8% |
| Amounts payable | 17/49 | €833,147 | €772,405 | -€60,742 | -7.3% |
| Amounts payable after more than one year | 17 | €670,083 | €621,444 | -€48,639 | -7.3% |
| Financial debts | 170/4 | €670,083 | €621,444 | -€48,639 | -7.3% |
| Amounts payable within one year | 42/48 | €143,850 | €131,747 | -€12,103 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €16,427 | €9,426 | -€7,000 | -42.6% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €19,389 | €17,530 | -€1,859 | -9.6% |
| Suppliers | 440/4 | €19,389 | €17,530 | -€1,859 | -9.6% |
| Taxes, remuneration and social security | 45 | €8,035 | €4,791 | -€3,244 | -40.4% |
| Taxes | 450/3 | €142 | €416 | +€275 | +193.9% |
| Remuneration and social security | 454/9 | €7,893 | €4,374 | -€3,519 | -44.6% |
| Accrued charges and deferred income | 492/3 | €19,214 | €19,214 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €45,000 | €50,326 | +€5,326 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,952 | €71,864 | +€5,912 | +9.0% |
| Other operating charges | 640/8 | €16,776 | €2,770 | -€14,006 | -83.5% |
| Non-recurring operating charges | 66A | €1,910 | €4,687 | +€2,777 | +145.4% |
| Gross operating margin | 9900 | €1,635 | €81,047 | +€79,412 | +4857.1% |
| Operating profit (loss) | 9901 | -€128,003 | -€48,600 | +€79,403 | +62.0% |
| Financial income | 75/76B | €18,522 | €12,794 | -€5,727 | -30.9% |
| Recurring financial income | 75 | €18,522 | €12,794 | -€5,727 | -30.9% |
| Financial charges | 65/66B | €12,015 | €8,854 | -€3,161 | -26.3% |
| Recurring financial charges | 65 | €12,015 | €8,854 | -€3,161 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | -€121,496 | -€44,659 | +€76,837 | +63.2% |
| Transfer from deferred taxes | 780 | €1,709 | €1,523 | -€185 | -10.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€119,788 | -€43,136 | +€76,652 | +64.0% |
| Transfer from tax-exempt reserves | 789 | €5,126 | €4,570 | -€556 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€114,662 | -€38,566 | +€76,096 | +66.4% |
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 10 October 2026 via checked.be.