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GREEN-TECH WIND: 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.

What changed

GREEN-TECH WIND

BE 0562.896.443
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€78,473
2024 · €659,632-€581,159
Equity
€81,518
2024 · €73,045+€8,473
Cash
€51,857
2024 · €575,529-€523,672
Balance sheet total
€154,692
2024 · €576,952-€422,260

Largest movements

2024 to 2025
Assets
  • Cash -€523,672

    down €523,672 (-91.0%), from €575,529 to €51,857

    mainly Other debts (-€429,672) and Investment in fixed assets (net) (-€100,000)

  • Financial fixed assets +€100,000

    up €100,000 (+10000.0%), from €1,000 to €101,000

Equity and liabilities
  • Other debts -€429,672

    down €429,672 (-86.0%), from €499,672 to €70,000

  • Profit (loss) carried forward +€8,473

    up €8,473, from €0 to €8,473

Income statement
  • Financial income -€820,125

    down €820,125 (-91.1%), from €900,000 to €79,875

  • Financial charges -€28,267

    down €28,267 (-99.7%), from €28,343 to €76

  • Gross operating margin -€25,084

    down €25,084, from €24,158 to -€926

  • Depreciation -€13,215

    down €13,215 (-100.0%), from €13,215 to €0

  • Taxes -€1,690

    down €1,690 (-100.0%), from €1,690 to €0

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €659,632
Gross operating margin -€25,084
Depreciation +€13,215
Other operating charges +€45
Other operating items +€220,832
Financial income -€820,125
Financial charges +€28,267
Taxes +€1,690
Result 2025 €78,473

Cash bridge derived

cash 2024 to 2025

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.

From operations -€353,672
Investment -€100,000
Financing -€70,000
Cash 2024 €575,529
Net result for the year +€78,473
Smaller working-capital items -€848
Deferred charges and accrued income -€1,625
Other debts -€429,672
Investment in fixed assets (net) -€100,000
Contributions, distributions and other -€70,000
Cash 2025 €51,857
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €576,952 €154,692 -€422,260 -73.2%
Fixed assets 21/28 €1,000 €101,000 +€100,000 +10000.0%
Tangible fixed assets 22/27 €0 - =
Assets under construction and advance payments 27 €0 - =
Financial fixed assets 28 €1,000 €101,000 +€100,000 +10000.0%
Current assets 29/58 €575,952 €53,692 -€522,260 -90.7%
Amounts receivable within one year 40/41 €423 €210 -€213 -50.3%
Other amounts receivable 41 €423 €210 -€213 -50.3%
Cash at bank and in hand 54/58 €575,529 €51,857 -€523,672 -91.0%
Deferred charges and accrued income 490/1 - €1,625 +€1,625
Total equity and liabilities 10/49 €576,952 €154,692 -€422,260 -73.2%
Equity 10/15 €73,045 €81,518 +€8,473 +11.6%
Contributions 10/11 €71,911 €71,911 = 0.0%
Reserves 13 €1,134 €1,134 = 0.0%
Non-distributable reserves 130/1 €1,134 €1,134 = 0.0%
Reserves not available under the articles 1311 €1,134 €1,134 = 0.0%
Tax-exempt reserves 132 €0 - =
Profit (loss) carried forward 14 €0 €8,473 +€8,473
Amounts payable 17/49 €503,907 €73,175 -€430,733 -85.5%
Amounts payable after more than one year 17 €0 - =
Financial debts 170/4 €0 - =
Amounts payable within one year 42/48 €503,907 €73,175 -€430,733 -85.5%
Trade debts 44 €2,545 €1,484 -€1,060 -41.7%
Suppliers 440/4 €2,545 €1,484 -€1,060 -41.7%
Taxes, remuneration and social security 45 €1,690 €1,690 = 0.0%
Taxes 450/3 €1,690 €1,690 = 0.0%
Other amounts payable 47/48 €499,672 €70,000 -€429,672 -86.0%
Accrued charges and deferred income 492/3 €0 - =
Non-recurring operating income 76A €26,681 €0 -€26,681 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,215 €0 -€13,215 -100.0%
Other operating charges 640/8 €445 €400 -€45 -10.2%
Non-recurring operating charges 66A €220,832 €0 -€220,832 -100.0%
Gross operating margin 9900 €24,158 -€926 -€25,084
Operating profit (loss) 9901 -€210,334 -€1,326 +€209,008 +99.4%
Financial income 75/76B €900,000 €79,875 -€820,125 -91.1%
Recurring financial income 75 €900,000 €79,875 -€820,125 -91.1%
Financial charges 65/66B €28,343 €76 -€28,267 -99.7%
Recurring financial charges 65 €28,343 €76 -€28,267 -99.7%
Profit (loss) for the period before taxes 9903 €661,323 €78,473 -€582,850 -88.1%
Income taxes 67/77 €1,690 €0 -€1,690 -100.0%
Profit (loss) for the period 9904 €659,632 €78,473 -€581,159 -88.1%
Transfer from tax-exempt reserves 789 €6,203 €0 -€6,203 -100.0%
Profit (loss) for the period to be appropriated 9905 €665,835 €78,473 -€587,362 -88.2%

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 30 September 2026 via checked.be.