Green Ventures: 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 Ventures
Largest movements
- Current investments +€700,000
new in 2025: €700,000
- Tangible fixed assets -€192,888
down €192,888 (-16.7%), from €1.2m to €965,593
- Financial fixed assets -€77,000
down €77,000 (-33.9%), from €227,045 to €150,045
- Cash -€25,247
down €25,247 (-7.2%), from €351,709 to €326,462
mainly Current investments (-€700,000) and Current portion of long-term debt (-€15,000)
- Reserves +€369,291
up €369,291 (+80.0%), from €461,558 to €830,849
of which Distributable reserves: +€369,291
- Tax, wage and social debts +€52,077
up €52,077 (+127%), from €40,870 to €92,946
- Gross operating margin +€175,943
up €175,943 (+41.9%), from €419,804 to €595,747
- Financial charges -€69,923
down €69,923 (-99.0%), from €70,653 to €730
- Financial income -€64,229
down €64,229 (-41.0%), from €156,509 to €92,280
of which Non-recurring financial income: -€39,291
- Taxes +€61,087
up €61,087 (+53.9%), from €113,418 to €174,505
- Depreciation -€6,813
down €6,813 (-4.6%), from €149,197 to €142,384
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 | €1,772,705 | €2,173,181 | +€400,476 | +22.6% |
| Fixed assets | 21/28 | €1,385,526 | €1,115,638 | -€269,888 | -19.5% |
| Tangible fixed assets | 22/27 | €1,158,481 | €965,593 | -€192,888 | -16.7% |
| Plant, machinery and equipment | 23 | €1,158,481 | €965,593 | -€192,888 | -16.7% |
| Financial fixed assets | 28 | €227,045 | €150,045 | -€77,000 | -33.9% |
| Current assets | 29/58 | €387,179 | €1,057,543 | +€670,365 | +173% |
| Amounts receivable within one year | 40/41 | €28,598 | €24,248 | -€4,350 | -15.2% |
| Trade receivables | 40 | €28,598 | €24,248 | -€4,350 | -15.2% |
| Current investments | 50/53 | - | €700,000 | +€700,000 | |
| Cash at bank and in hand | 54/58 | €351,709 | €326,462 | -€25,247 | -7.2% |
| Deferred charges and accrued income | 490/1 | €6,871 | €6,834 | -€38 | -0.5% |
| Total equity and liabilities | 10/49 | €1,772,705 | €2,173,181 | +€400,476 | +22.6% |
| Equity | 10/15 | €1,709,777 | €2,079,068 | +€369,291 | +21.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €461,558 | €830,849 | +€369,291 | +80.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €455,408 | €824,699 | +€369,291 | +81.1% |
| Profit (loss) carried forward | 14 | €1,186,719 | €1,186,719 | = | 0.0% |
| Amounts payable | 17/49 | €62,928 | €94,113 | +€31,186 | +49.6% |
| Amounts payable within one year | 42/48 | €62,549 | €94,024 | +€31,475 | +50.3% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | - | -€15,000 | |
| Trade debts | 44 | €6,679 | €1,078 | -€5,601 | -83.9% |
| Suppliers | 440/4 | €6,679 | €1,078 | -€5,601 | -83.9% |
| Taxes, remuneration and social security | 45 | €40,870 | €92,946 | +€52,077 | +127% |
| Taxes | 450/3 | €40,870 | €92,946 | +€52,077 | +127% |
| Accrued charges and deferred income | 492/3 | €379 | €90 | -€290 | -76.4% |
| Non-recurring operating income | 76A | €9,091 | €96,995 | +€87,905 | +967% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,197 | €142,384 | -€6,813 | -4.6% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €419,804 | €595,747 | +€175,943 | +41.9% |
| Operating profit (loss) | 9901 | €269,522 | €452,245 | +€182,724 | +67.8% |
| Financial income | 75/76B | €156,509 | €92,280 | -€64,229 | -41.0% |
| Recurring financial income | 75 | €47,218 | €22,280 | -€24,938 | -52.8% |
| Non-recurring financial income | 76B | €109,291 | €70,000 | -€39,291 | -36.0% |
| Financial charges | 65/66B | €70,653 | €730 | -€69,923 | -99.0% |
| Recurring financial charges | 65 | €70,653 | €730 | -€69,923 | -99.0% |
| Profit (loss) for the period before taxes | 9903 | €355,378 | €543,796 | +€188,418 | +53.0% |
| Income taxes | 67/77 | €113,418 | €174,505 | +€61,087 | +53.9% |
| Profit (loss) for the period | 9904 | €241,960 | €369,291 | +€127,331 | +52.6% |
| Profit (loss) for the period to be appropriated | 9905 | €241,960 | €369,291 | +€127,331 | +52.6% |
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 15 October 2026 via checked.be.