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GREEN VILLAGE DEVELOPMENTS: what changed

Two fiscal 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.

What changed

GREEN VILLAGE DEVELOPMENTS

BE 0477.727.770
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€1.5m
2023 · €6,750+€1.5m
Equity
€1.4m
2023 · -€153,622+€1.5m
Cash
€8
2023 · €613,235-€613,226
Balance sheet total
€2.4m
2023 · €2.9m-€561,919

Largest movements

2023 to 2024
Assets
  • Cash -€613,226

    down €613,226 (-100.0%), from €613,235 to €8

    mainly Other debts (-€2.2m) and Receivables within one year (-€64,009)

  • Receivables within one year +€64,009

    up €64,009 (+2.9%), from €2.2m to €2.2m

    of which Other amounts receivable: +€64,009

Equity and liabilities
  • Other debts -€2.2m

    down €2.2m (-73.2%), from €3.1m to €823,075

  • Reserves +€1.5m

    new in 2024: €1.5m

  • Tax, wage and social debts +€156,485

    new in 2024: €156,485

Income statement
  • Financial income +€1.6m

    up €1.6m (+2610.1%), from €59,881 to €1.6m

  • Taxes +€156,485

    new in 2024: €156,485

  • Gross operating margin +€104,731

    up €104,731, from -€18,332 to €86,399

  • Financial charges -€11,961

    down €11,961 (-34.5%), from €34,697 to €22,736

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €6,750
Gross operating margin +€104,731
Other operating charges +€102
Financial income +€1.6m
Financial charges +€11,961
Taxes -€156,485
Result 2024 €1.5m

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€628,226
Investment +€15,000
Financing €0
Cash 2023 €613,235
Net result for the year +€1.5m
Receivables after one year -€2,298
Receivables within one year -€64,009
Tax, wage and social debts +€156,485
Other debts -€2.2m
Investment in fixed assets (net) +€15,000
Cash 2024 €8
Every line side by side 33 lines
Line Code 2023 2024 Change %
Total assets 20/58 €2,917,864 €2,355,945 -€561,919 -19.3%
Fixed assets 21/28 €45,000 €30,000 -€15,000 -33.3%
Financial fixed assets 28 €45,000 €30,000 -€15,000 -33.3%
Current assets 29/58 €2,872,864 €2,325,945 -€546,919 -19.0%
Amounts receivable after more than one year 29 €76,598 €78,896 +€2,298 +3.0%
Other amounts receivable 291 €76,598 €78,896 +€2,298 +3.0%
Amounts receivable within one year 40/41 €2,183,031 €2,247,041 +€64,009 +2.9%
Trade receivables 40 €39,635 €39,635 = 0.0%
Other amounts receivable 41 €2,143,396 €2,207,406 +€64,009 +3.0%
Cash at bank and in hand 54/58 €613,235 €8 -€613,226 -100.0%
Total equity and liabilities 10/49 €2,917,864 €2,355,945 -€561,919 -19.3%
Equity 10/15 -€153,622 €1,376,385 +€1.5m
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 - €1,530,007 +€1.5m
Distributable reserves 133 - €1,530,007 +€1.5m
Profit (loss) carried forward 14 -€172,222 -€172,222 = 0.0%
Amounts payable 17/49 €3,071,486 €979,560 -€2.1m -68.1%
Amounts payable within one year 42/48 €3,071,486 €979,560 -€2.1m -68.1%
Taxes, remuneration and social security 45 - €156,485 +€156,485
Taxes 450/3 - €156,485 +€156,485
Other amounts payable 47/48 €3,071,486 €823,075 -€2.2m -73.2%
Non-recurring operating income 76A - €99,702 +€99,702
Other operating charges 640/8 €102 €0 -€102 -100.0%
Gross operating margin 9900 -€18,332 €86,399 +€104,731
Operating profit (loss) 9901 -€18,434 €86,399 +€104,833
Financial income 75/76B €59,881 €1,622,829 +€1.6m +2610.1%
Recurring financial income 75 €59,881 €1,622,829 +€1.6m +2610.1%
Financial charges 65/66B €34,697 €22,736 -€11,961 -34.5%
Recurring financial charges 65 €34,697 €22,736 -€11,961 -34.5%
Profit (loss) for the period before taxes 9903 €6,750 €1,686,492 +€1.7m +24884.4%
Income taxes 67/77 - €156,485 +€156,485
Profit (loss) for the period 9904 €6,750 €1,530,007 +€1.5m +22566.2%
Profit (loss) for the period to be appropriated 9905 €6,750 €1,530,007 +€1.5m +22566.2%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.