GREEN TREE: 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 TREE
Largest movements
- Cash +€10,912
up €10,912 (+12.2%), from €89,576 to €100,488
mainly Net result for the year (+€7,242) and Trade debts (+€6,457)
- Tangible fixed assets -€4,108
down €4,108 (-3.9%), from €104,351 to €100,243
of which Furniture and vehicles: -€2,407
- Profit (loss) carried forward +€7,242
up €7,242 (+77.5%), from €9,346 to €16,588
- Trade debts +€6,457
up €6,457 (+733%), from €881 to €7,337
- Tax, wage and social debts -€3,919
down €3,919 (-69.3%), from €5,652 to €1,733
- Gross operating margin -€7,565
down €7,565 (-32.5%), from €23,279 to €15,713
- Taxes -€7,138
down €7,138, from €4,850 to -€2,288
- Turnover -€5,322
down €5,322 (-5.6%), from €94,458 to €89,136
- Purchases and services +€2,243
up €2,243 (+3.2%), from €71,179 to €73,422
- Other operating charges +€1,321
up €1,321 (+25.2%), from €5,231 to €6,552
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 | €204,640 | €212,712 | +€8,071 | +3.9% |
| Fixed assets | 21/28 | €104,351 | €100,243 | -€4,108 | -3.9% |
| Tangible fixed assets | 22/27 | €104,351 | €100,243 | -€4,108 | -3.9% |
| Land and buildings | 22 | €94,488 | €93,974 | -€513 | -0.5% |
| Plant, machinery and equipment | 23 | €3,688 | €2,500 | -€1,188 | -32.2% |
| Furniture and vehicles | 24 | €6,175 | €3,769 | -€2,407 | -39.0% |
| Current assets | 29/58 | €100,290 | €112,468 | +€12,179 | +12.1% |
| Amounts receivable within one year | 40/41 | €10,714 | €11,980 | +€1,267 | +11.8% |
| Other amounts receivable | 41 | €10,714 | €11,980 | +€1,267 | +11.8% |
| Cash at bank and in hand | 54/58 | €89,576 | €100,488 | +€10,912 | +12.2% |
| Total equity and liabilities | 10/49 | €204,640 | €212,712 | +€8,071 | +3.9% |
| Equity | 10/15 | €181,572 | €188,814 | +€7,242 | +4.0% |
| Contributions | 10/11 | €74,500 | €74,500 | = | 0.0% |
| Capital | 10 | €74,500 | €74,500 | = | 0.0% |
| Issued capital | 100 | €74,500 | €74,500 | = | 0.0% |
| Revaluation surpluses | 12 | €4,132 | €4,132 | = | 0.0% |
| Reserves | 13 | €93,594 | €93,594 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,985 | €4,985 | = | 0.0% |
| Legal reserve | 130 | €4,985 | €4,985 | = | 0.0% |
| Distributable reserves | 133 | €88,609 | €88,609 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,346 | €16,588 | +€7,242 | +77.5% |
| Amounts payable | 17/49 | €23,069 | €23,898 | +€829 | +3.6% |
| Amounts payable within one year | 42/48 | €23,069 | €23,898 | +€829 | +3.6% |
| Trade debts | 44 | €881 | €7,337 | +€6,457 | +733% |
| Suppliers | 440/4 | €881 | €7,337 | +€6,457 | +733% |
| Taxes, remuneration and social security | 45 | €5,652 | €1,733 | -€3,919 | -69.3% |
| Taxes | 450/3 | €5,652 | €1,733 | -€3,919 | -69.3% |
| Other amounts payable | 47/48 | €16,536 | €14,828 | -€1,708 | -10.3% |
| Turnover | 70 | €94,458 | €89,136 | -€5,322 | -5.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €71,179 | €73,422 | +€2,243 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,778 | €4,108 | -€671 | -14.0% |
| Other operating charges | 640/8 | €5,231 | €6,552 | +€1,321 | +25.2% |
| Gross operating margin | 9900 | €23,279 | €15,713 | -€7,565 | -32.5% |
| Operating profit (loss) | 9901 | €13,269 | €5,054 | -€8,215 | -61.9% |
| Financial charges | 65/66B | €70 | €99 | +€29 | +41.4% |
| Recurring financial charges | 65 | €70 | €99 | +€29 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | €13,199 | €4,954 | -€8,244 | -62.5% |
| Income taxes | 67/77 | €4,850 | -€2,288 | -€7,138 | |
| Profit (loss) for the period | 9904 | €8,348 | €7,242 | -€1,106 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,348 | €7,242 | -€1,106 | -13.2% |
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 14 October 2026 via checked.be.