GREEN'UP: 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'UP
Largest movements
- Cash +€6,473
up €6,473 (+55.2%), from €11,726 to €18,199
mainly Other debts (+€35,000) and Tax, wage and social debts (+€28,054)
- Tangible fixed assets +€2,492
up €2,492 (+30.4%), from €8,199 to €10,691
of which Other tangible fixed assets: +€2,206
- Receivables within one year +€1,968
up €1,968 (+32.8%), from €6,002 to €7,969
of which Trade receivables: +€1,883
- Other debts +€35,000
up €35,000 (+29.9%), from €117,125 to €152,125
- Tax, wage and social debts +€28,054
up €28,054 (+58.8%), from €47,724 to €75,778
of which Taxes: +€21,847
- Profit (loss) carried forward -€22,604
down €22,604 (-9.7%), from -€233,838 to -€256,443
- Trade debts -€22,518
down €22,518 (-38.1%), from €59,065 to €36,547
- Current portion of long-term debt -€7,000
no longer reported in 2025 (was €7,000)
- Staff costs -€24,057
down €24,057 (-14.2%), from €169,019 to €144,962
- Gross operating margin +€21,011
up €21,011 (+17.6%), from €119,138 to €140,149
- Financial charges +€9,568
up €9,568 (+203%), from €4,705 to €14,274
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 | €26,536 | €37,468 | +€10,932 | +41.2% |
| Fixed assets | 21/28 | €8,808 | €11,300 | +€2,492 | +28.3% |
| Tangible fixed assets | 22/27 | €8,199 | €10,691 | +€2,492 | +30.4% |
| Furniture and vehicles | 24 | €4,395 | €4,681 | +€286 | +6.5% |
| Other tangible fixed assets | 26 | €3,805 | €6,010 | +€2,206 | +58.0% |
| Financial fixed assets | 28 | €609 | €609 | = | 0.0% |
| Current assets | 29/58 | €17,728 | €26,168 | +€8,440 | +47.6% |
| Amounts receivable within one year | 40/41 | €6,002 | €7,969 | +€1,968 | +32.8% |
| Trade receivables | 40 | €5,489 | €7,372 | +€1,883 | +34.3% |
| Other amounts receivable | 41 | €512 | €597 | +€85 | +16.5% |
| Cash at bank and in hand | 54/58 | €11,726 | €18,199 | +€6,473 | +55.2% |
| Total equity and liabilities | 10/49 | €26,536 | €37,468 | +€10,932 | +41.2% |
| Equity | 10/15 | -€213,378 | -€235,983 | -€22,604 | -10.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€233,838 | -€256,443 | -€22,604 | -9.7% |
| Amounts payable | 17/49 | €239,914 | €273,450 | +€33,536 | +14.0% |
| Amounts payable within one year | 42/48 | €230,914 | €264,450 | +€33,536 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €7,000 | - | -€7,000 | |
| Trade debts | 44 | €59,065 | €36,547 | -€22,518 | -38.1% |
| Suppliers | 440/4 | €59,065 | €36,547 | -€22,518 | -38.1% |
| Taxes, remuneration and social security | 45 | €47,724 | €75,778 | +€28,054 | +58.8% |
| Taxes | 450/3 | €5,466 | €27,312 | +€21,847 | +400% |
| Remuneration and social security | 454/9 | €42,258 | €48,466 | +€6,208 | +14.7% |
| Other amounts payable | 47/48 | €117,125 | €152,125 | +€35,000 | +29.9% |
| Accrued charges and deferred income | 492/3 | €9,000 | €9,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €169,019 | €144,962 | -€24,057 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,589 | €2,760 | +€171 | +6.6% |
| Other operating charges | 640/8 | €1,681 | €758 | -€922 | -54.9% |
| Gross operating margin | 9900 | €119,138 | €140,149 | +€21,011 | +17.6% |
| Operating profit (loss) | 9901 | -€54,151 | -€8,331 | +€45,820 | +84.6% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €4,705 | €14,274 | +€9,568 | +203% |
| Recurring financial charges | 65 | €4,705 | €14,274 | +€9,568 | +203% |
| Profit (loss) for the period before taxes | 9903 | -€58,848 | -€22,604 | +€36,244 | +61.6% |
| Profit (loss) for the period | 9904 | -€58,848 | -€22,604 | +€36,244 | +61.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,848 | -€22,604 | +€36,244 | +61.6% |
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 26 October 2026 via checked.be.