GREEN TILE: 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 TILE
Largest movements
- Current investments +€216,769
new in 2025: €216,769
- Receivables within one year +€188,089
up €188,089 (+99.1%), from €189,816 to €377,905
of which Other amounts receivable: +€152,558
- Cash -€31,722
down €31,722 (-5.3%), from €599,198 to €567,475
mainly Current investments (-€216,769) and Receivables within one year (-€188,089)
- Stocks and contracts +€12,474
up €12,474 (+249%), from €5,000 to €17,474
- Trade debts +€291,015
up €291,015 (+727%), from €40,040 to €331,054
- Accrued charges and deferred income -€133,167
down €133,167 (-28.4%), from €468,341 to €335,174
- Debts after one year +€129,394
new in 2025: €129,394
- Profit (loss) carried forward +€85,265
up €85,265 (+92.4%), from €92,269 to €177,534
- Purchases and services +€122,740
up €122,740 (+8.3%), from €1.5m to €1.6m
- Gross operating margin +€68,872
up €68,872 (+60.8%), from €113,194 to €182,066
- Staff costs +€34,860
up €34,860 (+209%), from €16,686 to €51,547
- Financial income -€8,885
down €8,885 (-82.0%), from €10,833 to €1,947
- Depreciation +€4,764
up €4,764 (+72.8%), from €6,547 to €11,311
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 | €839,074 | €1,215,651 | +€376,578 | +44.9% |
| Fixed assets | 21/28 | €45,060 | €36,028 | -€9,032 | -20.0% |
| Tangible fixed assets | 22/27 | €42,960 | €33,928 | -€9,032 | -21.0% |
| Plant, machinery and equipment | 23 | - | €1,201 | +€1,201 | |
| Furniture and vehicles | 24 | €42,960 | €32,727 | -€10,233 | -23.8% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €794,014 | €1,179,624 | +€385,610 | +48.6% |
| Stocks and contracts in progress | 3 | €5,000 | €17,474 | +€12,474 | +249% |
| Contracts in progress | 37 | €5,000 | €17,474 | +€12,474 | +249% |
| Amounts receivable within one year | 40/41 | €189,816 | €377,905 | +€188,089 | +99.1% |
| Trade receivables | 40 | €101,703 | €137,235 | +€35,531 | +34.9% |
| Other amounts receivable | 41 | €88,113 | €240,671 | +€152,558 | +173% |
| Current investments | 50/53 | - | €216,769 | +€216,769 | |
| Cash at bank and in hand | 54/58 | €599,198 | €567,475 | -€31,722 | -5.3% |
| Total equity and liabilities | 10/49 | €839,074 | €1,215,651 | +€376,578 | +44.9% |
| Equity | 10/15 | €202,269 | €287,534 | +€85,265 | +42.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €60,000 | €60,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,269 | €177,534 | +€85,265 | +92.4% |
| Amounts payable | 17/49 | €636,804 | €928,117 | +€291,313 | +45.7% |
| Amounts payable after more than one year | 17 | - | €129,394 | +€129,394 | |
| Financial debts | 170/4 | - | €129,394 | +€129,394 | |
| Amounts payable within one year | 42/48 | €168,464 | €463,549 | +€295,086 | +175% |
| Trade debts | 44 | €40,040 | €331,054 | +€291,015 | +727% |
| Suppliers | 440/4 | €40,040 | €331,054 | +€291,015 | +727% |
| Taxes, remuneration and social security | 45 | €28,269 | €31,061 | +€2,792 | +9.9% |
| Taxes | 450/3 | €25,443 | €20,773 | -€4,670 | -18.4% |
| Remuneration and social security | 454/9 | €2,826 | €10,288 | +€7,461 | +264% |
| Other amounts payable | 47/48 | €100,154 | €101,434 | +€1,279 | +1.3% |
| Accrued charges and deferred income | 492/3 | €468,341 | €335,174 | -€133,167 | -28.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,482,149 | €1,604,889 | +€122,740 | +8.3% |
| Remuneration, social security and pensions | 62 | €16,686 | €51,547 | +€34,860 | +209% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,547 | €11,311 | +€4,764 | +72.8% |
| Other operating charges | 640/8 | €1,982 | €513 | -€1,469 | -74.1% |
| Gross operating margin | 9900 | €113,194 | €182,066 | +€68,872 | +60.8% |
| Operating profit (loss) | 9901 | €87,979 | €118,695 | +€30,716 | +34.9% |
| Financial income | 75/76B | €10,833 | €1,947 | -€8,885 | -82.0% |
| Recurring financial income | 75 | €10,833 | €1,947 | -€8,885 | -82.0% |
| Financial charges | 65/66B | €3,755 | €2,977 | -€777 | -20.7% |
| Recurring financial charges | 65 | €3,755 | €2,977 | -€777 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €95,057 | €117,665 | +€22,608 | +23.8% |
| Income taxes | 67/77 | €30,596 | €32,399 | +€1,804 | +5.9% |
| Profit (loss) for the period | 9904 | €64,461 | €85,265 | +€20,804 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €64,461 | €85,265 | +€20,804 | +32.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.