GREEN TECHNICAL SERVICES: 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 TECHNICAL SERVICES
Largest movements
- Receivables within one year -€142,839
down €142,839 (-22.2%), from €643,058 to €500,220
of which Other amounts receivable: -€141,117
- Intangible fixed assets -€23,700
down €23,700 (-10.5%), from €225,530 to €201,830
- Stocks and contracts +€11,443
up €11,443 (+53.9%), from €21,233 to €32,676
- Profit (loss) carried forward -€246,071
down €246,071 (-63.9%), from -€384,939 to -€631,010
- Current portion of long-term debt +€60,000
up €60,000 (+100.0%), from €60,000 to €120,000
- Debts after one year -€56,000
down €56,000 (-7.4%), from €756,175 to €700,175
- Other debts +€29,012
up €29,012 (+44.7%), from €64,879 to €93,891
- Contributions +€19,750
up €19,750 (+11.0%), from €180,250 to €200,000
- Gross operating margin +€355,717
up €355,717 (+424.7%), from €83,764 to €439,481
- Staff costs +€126,605
up €126,605 (+27.1%), from €467,126 to €593,731
- Financial income -€114,657
down €114,657 (-93.8%), from €122,240 to €7,583
of which Non-recurring financial income: -€106,000
- Financial charges -€35,048
down €35,048 (-39.3%), from €89,096 to €54,048
of which Non-recurring financial charges: -€46,046
- Depreciation +€15,181
up €15,181 (+90.5%), from €16,782 to €31,962
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 | €992,035 | €831,272 | -€160,764 | -16.2% |
| Fixed assets | 21/28 | €324,135 | €297,213 | -€26,921 | -8.3% |
| Intangible fixed assets | 21 | €225,530 | €201,830 | -€23,700 | -10.5% |
| Tangible fixed assets | 22/27 | €18,605 | €15,383 | -€3,221 | -17.3% |
| Plant, machinery and equipment | 23 | €6,102 | €8,214 | +€2,113 | +34.6% |
| Furniture and vehicles | 24 | €12,503 | €7,169 | -€5,334 | -42.7% |
| Financial fixed assets | 28 | €80,000 | €80,000 | = | 0.0% |
| Current assets | 29/58 | €667,901 | €534,058 | -€133,842 | -20.0% |
| Stocks and contracts in progress | 3 | €21,233 | €32,676 | +€11,443 | +53.9% |
| Stocks | 30/36 | €21,233 | €32,676 | +€11,443 | +53.9% |
| Amounts receivable within one year | 40/41 | €643,058 | €500,220 | -€142,839 | -22.2% |
| Trade receivables | 40 | €184,658 | €182,936 | -€1,722 | -0.9% |
| Other amounts receivable | 41 | €458,400 | €317,284 | -€141,117 | -30.8% |
| Cash at bank and in hand | 54/58 | €1,838 | €1,162 | -€676 | -36.8% |
| Deferred charges and accrued income | 490/1 | €1,771 | - | -€1,771 | |
| Total equity and liabilities | 10/49 | €992,035 | €831,272 | -€160,764 | -16.2% |
| Equity | 10/15 | -€204,689 | -€431,010 | -€226,321 | -110.6% |
| Contributions | 10/11 | €180,250 | €200,000 | +€19,750 | +11.0% |
| Profit (loss) carried forward | 14 | -€384,939 | -€631,010 | -€246,071 | -63.9% |
| Amounts payable | 17/49 | €1,196,724 | €1,262,281 | +€65,557 | +5.5% |
| Amounts payable after more than one year | 17 | €756,175 | €700,175 | -€56,000 | -7.4% |
| Financial debts | 170/4 | €756,175 | €700,175 | -€56,000 | -7.4% |
| Amounts payable within one year | 42/48 | €433,258 | €555,574 | +€122,316 | +28.2% |
| Current portion of amounts payable after more than one year | 42 | €60,000 | €120,000 | +€60,000 | +100.0% |
| Trade debts | 44 | €255,325 | €270,349 | +€15,024 | +5.9% |
| Suppliers | 440/4 | €255,325 | €270,349 | +€15,024 | +5.9% |
| Taxes, remuneration and social security | 45 | €53,054 | €71,334 | +€18,280 | +34.5% |
| Remuneration and social security | 454/9 | €53,054 | €71,334 | +€18,280 | +34.5% |
| Other amounts payable | 47/48 | €64,879 | €93,891 | +€29,012 | +44.7% |
| Accrued charges and deferred income | 492/3 | €7,291 | €6,532 | -€759 | -10.4% |
| Remuneration, social security and pensions | 62 | €467,126 | €593,731 | +€126,605 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,782 | €31,962 | +€15,181 | +90.5% |
| Other operating charges | 640/8 | €11,795 | €9,733 | -€2,062 | -17.5% |
| Non-recurring operating charges | 66A | €6,146 | €3,661 | -€2,484 | -40.4% |
| Gross operating margin | 9900 | €83,764 | €439,481 | +€355,717 | +424.7% |
| Operating profit (loss) | 9901 | -€418,083 | -€199,606 | +€218,477 | +52.3% |
| Financial income | 75/76B | €122,240 | €7,583 | -€114,657 | -93.8% |
| Recurring financial income | 75 | €16,240 | €7,583 | -€8,657 | -53.3% |
| Non-recurring financial income | 76B | €106,000 | - | -€106,000 | |
| Financial charges | 65/66B | €89,096 | €54,048 | -€35,048 | -39.3% |
| Recurring financial charges | 65 | €43,050 | €54,048 | +€10,998 | +25.5% |
| Non-recurring financial charges | 66B | €46,046 | - | -€46,046 | |
| Profit (loss) for the period before taxes | 9903 | -€384,939 | -€246,071 | +€138,868 | +36.1% |
| Profit (loss) for the period | 9904 | -€384,939 | -€246,071 | +€138,868 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€384,939 | -€246,071 | +€138,868 | +36.1% |
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 6 October 2026 via checked.be.