GREEN TREE PRODUCTION: 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 PRODUCTION
Largest movements
- Receivables within one year +€47,914
up €47,914 (+123%), from €39,111 to €87,025
of which Other amounts receivable: +€50,499
- Cash -€17,553
down €17,553 (-19.8%), from €88,497 to €70,944
mainly Receivables within one year (-€47,914) and Tax, wage and social debts (-€2,192)
- Profit (loss) carried forward +€31,175
up €31,175 (+25.6%), from €121,682 to €152,856
- Trade debts +€2,299
up €2,299, from €0 to €2,299
- Tax, wage and social debts -€2,192
down €2,192 (-100%), from €2,192 to €0
of which Taxes: -€2,192
- Financial charges -€36,663
down €36,663 (-99.7%), from €36,765 to €102
- Gross operating margin -€6,333
down €6,333 (-14.0%), from €45,244 to €38,911
- Financial income +€1,201
new in 2025: €1,201
- Taxes +€561
up €561 (+7.4%), from €7,554 to €8,115
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 | €128,874 | €160,155 | +€31,281 | +24.3% |
| Fixed assets | 21/28 | €778 | €1,637 | +€859 | +110% |
| Tangible fixed assets | 22/27 | €778 | €1,637 | +€859 | +110% |
| Furniture and vehicles | 24 | €778 | €1,637 | +€859 | +110% |
| Current assets | 29/58 | €128,096 | €158,518 | +€30,422 | +23.7% |
| Amounts receivable within one year | 40/41 | €39,111 | €87,025 | +€47,914 | +123% |
| Trade receivables | 40 | €33,834 | €31,249 | -€2,585 | -7.6% |
| Other amounts receivable | 41 | €5,277 | €55,775 | +€50,499 | +957% |
| Cash at bank and in hand | 54/58 | €88,497 | €70,944 | -€17,553 | -19.8% |
| Deferred charges and accrued income | 490/1 | €488 | €550 | +€61 | +12.6% |
| Total equity and liabilities | 10/49 | €128,874 | €160,155 | +€31,281 | +24.3% |
| Equity | 10/15 | €126,682 | €157,856 | +€31,175 | +24.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,682 | €152,856 | +€31,175 | +25.6% |
| Amounts payable | 17/49 | €2,192 | €2,299 | +€107 | +4.9% |
| Amounts payable within one year | 42/48 | €2,192 | €2,299 | +€107 | +4.9% |
| Trade debts | 44 | €0 | €2,299 | +€2,299 | |
| Suppliers | 440/4 | €0 | €2,299 | +€2,299 | |
| Taxes, remuneration and social security | 45 | €2,192 | €0 | -€2,192 | -100% |
| Taxes | 450/3 | €2,192 | €0 | -€2,192 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149 | €368 | +€219 | +147% |
| Other operating charges | 640/8 | €340 | €352 | +€11 | +3.4% |
| Gross operating margin | 9900 | €45,244 | €38,911 | -€6,333 | -14.0% |
| Operating profit (loss) | 9901 | €44,755 | €38,191 | -€6,564 | -14.7% |
| Financial income | 75/76B | - | €1,201 | +€1,201 | |
| Recurring financial income | 75 | - | €1,201 | +€1,201 | |
| Financial charges | 65/66B | €36,765 | €102 | -€36,663 | -99.7% |
| Recurring financial charges | 65 | €36,765 | €102 | -€36,663 | -99.7% |
| Profit (loss) for the period before taxes | 9903 | €7,990 | €39,290 | +€31,299 | +392% |
| Income taxes | 67/77 | €7,554 | €8,115 | +€561 | +7.4% |
| Profit (loss) for the period | 9904 | €437 | €31,175 | +€30,738 | +7,039% |
| Profit (loss) for the period to be appropriated | 9905 | €437 | €31,175 | +€30,738 | +7,039% |
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 17 October 2026 via checked.be.