GREEN TOUCH CONCEPT: 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 TOUCH CONCEPT
Largest movements
- Tangible fixed assets -€24,854
down €24,854 (-9.5%), from €262,994 to €238,140
- Cash +€12,197
up €12,197 (+110.3%), from €11,061 to €23,258
mainly Depreciation (+€31,274) and Trade debts (+€10,557)
- Receivables within one year -€5,661
down €5,661 (-21.7%), from €26,086 to €20,424
of which Trade receivables: -€6,252
- Debts after one year -€38,361
down €38,361 (-19.8%), from €193,935 to €155,575
of which Financial debts: -€38,361
- Trade debts +€10,557
up €10,557 (+108.2%), from €9,757 to €20,314
- Current portion of long-term debt +€8,710
up €8,710 (+37.8%), from €23,017 to €31,727
- Other debts -€4,996
no longer reported in 2024 (was €4,996)
- Profit (loss) carried forward +€3,803
up €3,803 (+5.9%), from €64,386 to €68,189
- Gross operating margin -€45,123
down €45,123 (-37.6%), from €119,997 to €74,875
- Staff costs -€40,587
down €40,587 (-56.4%), from €71,979 to €31,392
- Other operating charges -€1,490
down €1,490 (-85.8%), from €1,737 to €247
- Depreciation +€1,457
up €1,457 (+4.9%), from €29,818 to €31,274
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 | €309,369 | €290,963 | -€18,406 | -5.9% |
| Fixed assets | 21/28 | €263,212 | €238,358 | -€24,854 | -9.4% |
| Tangible fixed assets | 22/27 | €262,994 | €238,140 | -€24,854 | -9.5% |
| Land and buildings | 22 | €202,168 | €194,357 | -€7,811 | -3.9% |
| Plant, machinery and equipment | 23 | €41,886 | €35,478 | -€6,408 | -15.3% |
| Furniture and vehicles | 24 | €18,940 | €8,305 | -€10,634 | -56.1% |
| Financial fixed assets | 28 | €218 | €218 | = | 0.0% |
| Current assets | 29/58 | €46,157 | €52,605 | +€6,448 | +14.0% |
| Amounts receivable within one year | 40/41 | €26,086 | €20,424 | -€5,661 | -21.7% |
| Trade receivables | 40 | €20,784 | €14,532 | -€6,252 | -30.1% |
| Other amounts receivable | 41 | €5,302 | €5,892 | +€591 | +11.1% |
| Cash at bank and in hand | 54/58 | €11,061 | €23,258 | +€12,197 | +110.3% |
| Deferred charges and accrued income | 490/1 | €9,011 | €8,923 | -€88 | -1.0% |
| Total equity and liabilities | 10/49 | €309,369 | €290,963 | -€18,406 | -5.9% |
| Equity | 10/15 | €70,386 | €74,189 | +€3,803 | +5.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,386 | €68,189 | +€3,803 | +5.9% |
| Amounts payable | 17/49 | €238,983 | €216,774 | -€22,209 | -9.3% |
| Amounts payable after more than one year | 17 | €193,935 | €155,575 | -€38,361 | -19.8% |
| Financial debts | 170/4 | €193,215 | €154,855 | -€38,361 | -19.9% |
| Other amounts payable | 178/9 | €720 | €720 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,047 | €61,199 | +€16,152 | +35.9% |
| Current portion of amounts payable after more than one year | 42 | €23,017 | €31,727 | +€8,710 | +37.8% |
| Trade debts | 44 | €9,757 | €20,314 | +€10,557 | +108.2% |
| Suppliers | 440/4 | €9,757 | €20,314 | +€10,557 | +108.2% |
| Taxes, remuneration and social security | 45 | €7,277 | €9,158 | +€1,881 | +25.8% |
| Taxes | 450/3 | €7,234 | €9,060 | +€1,826 | +25.2% |
| Remuneration and social security | 454/9 | €43 | €98 | +€55 | +126.4% |
| Other amounts payable | 47/48 | €4,996 | - | -€4,996 | |
| Remuneration, social security and pensions | 62 | €71,979 | €31,392 | -€40,587 | -56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,818 | €31,274 | +€1,457 | +4.9% |
| Other operating charges | 640/8 | €1,737 | €247 | -€1,490 | -85.8% |
| Non-recurring operating charges | 66A | - | €391 | +€391 | |
| Gross operating margin | 9900 | €119,997 | €74,875 | -€45,123 | -37.6% |
| Operating profit (loss) | 9901 | €16,464 | €11,571 | -€4,893 | -29.7% |
| Financial income | 75/76B | €120 | €5 | -€115 | -95.9% |
| Recurring financial income | 75 | €120 | €5 | -€115 | -95.9% |
| Financial charges | 65/66B | €5,418 | €5,432 | +€14 | +0.3% |
| Recurring financial charges | 65 | €5,418 | €5,432 | +€14 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €11,166 | €6,144 | -€5,023 | -45.0% |
| Income taxes | 67/77 | €2,809 | €2,341 | -€468 | -16.7% |
| Profit (loss) for the period | 9904 | €8,357 | €3,803 | -€4,555 | -54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,357 | €3,803 | -€4,555 | -54.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.