GREEN VIEWS: 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 VIEWS
Largest movements
- Tangible fixed assets -€28,527
down €28,527 (-57.1%), from €49,988 to €21,461
of which Furniture and vehicles: -€20,731
- Receivables within one year -€25,495
down €25,495 (-52.7%), from €48,335 to €22,840
of which Trade receivables: -€21,482
- Deferred charges and accrued income -€2,899
down €2,899 (-87.4%), from €3,315 to €416
- Cash -€2,039
down €2,039 (-86.0%), from €2,371 to €332
mainly Trade debts (-€36,503) and Net result for the year (-€34,725)
- Trade debts -€36,503
down €36,503 (-92.2%), from €39,583 to €3,080
- Profit (loss) carried forward -€34,725
down €34,725 (-71.6%), from -€48,487 to -€83,212
- Tax, wage and social debts +€13,905
up €13,905 (+193%), from €7,218 to €21,123
of which Remuneration and social security: +€9,782
- Current portion of long-term debt -€13,883
down €13,883 (-76.7%), from €18,100 to €4,217
- Other debts +€12,246
up €12,246 (+137%), from €8,922 to €21,168
- Gross operating margin -€14,551
down €14,551, from €10,055 to -€4,496
- Staff costs -€10,515
down €10,515 (-97.5%), from €10,782 to €267
- Other operating charges -€8,994
down €8,994 (-97.4%), from €9,230 to €236
- Depreciation +€4,226
up €4,226 (+17.4%), from €24,295 to €28,521
- Taxes +€643
up €643, from €0 to €643
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 | €104,459 | €45,500 | -€58,960 | -56.4% |
| Fixed assets | 21/28 | €50,438 | €21,911 | -€28,527 | -56.6% |
| Tangible fixed assets | 22/27 | €49,988 | €21,461 | -€28,527 | -57.1% |
| Plant, machinery and equipment | 23 | €22,460 | €14,664 | -€7,795 | -34.7% |
| Furniture and vehicles | 24 | €27,528 | €6,797 | -€20,731 | -75.3% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €54,022 | €23,588 | -€30,433 | -56.3% |
| Amounts receivable within one year | 40/41 | €48,335 | €22,840 | -€25,495 | -52.7% |
| Trade receivables | 40 | €44,322 | €22,840 | -€21,482 | -48.5% |
| Other amounts receivable | 41 | €4,014 | €0 | -€4,014 | -100% |
| Cash at bank and in hand | 54/58 | €2,371 | €332 | -€2,039 | -86.0% |
| Deferred charges and accrued income | 490/1 | €3,315 | €416 | -€2,899 | -87.4% |
| Total equity and liabilities | 10/49 | €104,459 | €45,500 | -€58,960 | -56.4% |
| Equity | 10/15 | -€29,887 | -€64,612 | -€34,725 | -116% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,487 | -€83,212 | -€34,725 | -71.6% |
| Amounts payable | 17/49 | €134,346 | €110,112 | -€24,235 | -18.0% |
| Amounts payable after more than one year | 17 | €60,523 | €60,523 | = | 0.0% |
| Financial debts | 170/4 | €60,523 | €60,523 | = | 0.0% |
| Amounts payable within one year | 42/48 | €73,823 | €49,588 | -€24,235 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €18,100 | €4,217 | -€13,883 | -76.7% |
| Trade debts | 44 | €39,583 | €3,080 | -€36,503 | -92.2% |
| Suppliers | 440/4 | €39,583 | €3,080 | -€36,503 | -92.2% |
| Taxes, remuneration and social security | 45 | €7,218 | €21,123 | +€13,905 | +193% |
| Taxes | 450/3 | €3,000 | €7,123 | +€4,123 | +137% |
| Remuneration and social security | 454/9 | €4,218 | €14,000 | +€9,782 | +232% |
| Other amounts payable | 47/48 | €8,922 | €21,168 | +€12,246 | +137% |
| Remuneration, social security and pensions | 62 | €10,782 | €267 | -€10,515 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,295 | €28,521 | +€4,226 | +17.4% |
| Other operating charges | 640/8 | €9,230 | €236 | -€8,994 | -97.4% |
| Gross operating margin | 9900 | €10,055 | -€4,496 | -€14,551 | |
| Operating profit (loss) | 9901 | -€34,252 | -€33,520 | +€733 | +2.1% |
| Financial income | 75/76B | €260 | €10 | -€249 | -96.0% |
| Recurring financial income | 75 | €260 | €10 | -€249 | -96.0% |
| Financial charges | 65/66B | €210 | €572 | +€362 | +172% |
| Recurring financial charges | 65 | €210 | €572 | +€362 | +172% |
| Profit (loss) for the period before taxes | 9903 | -€34,203 | -€34,082 | +€121 | +0.4% |
| Income taxes | 67/77 | €0 | €643 | +€643 | |
| Profit (loss) for the period | 9904 | -€34,203 | -€34,725 | -€522 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,203 | -€34,725 | -€522 | -1.5% |
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 24 October 2026 via checked.be.