GREEN WINDOWS: 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 WINDOWS
Largest movements
- Receivables within one year +€295,022
up €295,022 (+138%), from €213,651 to €508,673
of which Other amounts receivable: +€154,218
- Receivables after one year +€39,286
new in 2025: €39,286
- Tangible fixed assets +€18,937
up €18,937 (+501%), from €3,781 to €22,718
of which Furniture and vehicles: +€15,751
- Trade debts +€221,834
up €221,834 (+292%), from €76,075 to €297,909
- Reserves +€85,000
up €85,000 (+77.3%), from €110,000 to €195,000
- Tax, wage and social debts +€41,188
up €41,188 (+128%), from €32,294 to €73,482
of which Taxes: +€35,196
- Staff costs +€22,044
new in 2025: €22,044
- Financial income +€8,124
up €8,124 (+354%), from €2,293 to €10,417
- Other operating charges +€5,959
up €5,959 (+1,550%), from €384 to €6,344
- Taxes -€5,640
down €5,640 (-18.2%), from €30,982 to €25,342
- Gross operating margin -€4,299
down €4,299 (-3.0%), from €141,989 to €137,690
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 | €225,373 | €577,740 | +€352,367 | +156% |
| Fixed assets | 21/28 | €6,452 | €26,698 | +€20,247 | +314% |
| Intangible fixed assets | 21 | €2,670 | €2,070 | -€600 | -22.5% |
| Tangible fixed assets | 22/27 | €3,781 | €22,718 | +€18,937 | +501% |
| Plant, machinery and equipment | 23 | - | €3,186 | +€3,186 | |
| Furniture and vehicles | 24 | €3,781 | €19,532 | +€15,751 | +417% |
| Financial fixed assets | 28 | - | €1,910 | +€1,910 | |
| Current assets | 29/58 | €218,921 | €551,041 | +€332,120 | +152% |
| Amounts receivable after more than one year | 29 | - | €39,286 | +€39,286 | |
| Other amounts receivable | 291 | - | €39,286 | +€39,286 | |
| Amounts receivable within one year | 40/41 | €213,651 | €508,673 | +€295,022 | +138% |
| Trade receivables | 40 | €78,391 | €219,195 | +€140,804 | +180% |
| Other amounts receivable | 41 | €135,260 | €289,478 | +€154,218 | +114% |
| Cash at bank and in hand | 54/58 | €4,880 | €2,227 | -€2,652 | -54.4% |
| Deferred charges and accrued income | 490/1 | €390 | €854 | +€464 | +119% |
| Total equity and liabilities | 10/49 | €225,373 | €577,740 | +€352,367 | +156% |
| Equity | 10/15 | €113,663 | €201,610 | +€87,947 | +77.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €110,000 | €195,000 | +€85,000 | +77.3% |
| Distributable reserves | 133 | €110,000 | €195,000 | +€85,000 | +77.3% |
| Profit (loss) carried forward | 14 | €663 | €3,610 | +€2,947 | +445% |
| Amounts payable | 17/49 | €111,710 | €376,130 | +€264,420 | +237% |
| Amounts payable within one year | 42/48 | €111,710 | €374,991 | +€263,282 | +236% |
| Trade debts | 44 | €76,075 | €297,909 | +€221,834 | +292% |
| Suppliers | 440/4 | €76,075 | €297,909 | +€221,834 | +292% |
| Taxes, remuneration and social security | 45 | €32,294 | €73,482 | +€41,188 | +128% |
| Taxes | 450/3 | €32,294 | €67,490 | +€35,196 | +109% |
| Remuneration and social security | 454/9 | - | €5,992 | +€5,992 | |
| Other amounts payable | 47/48 | €3,340 | €3,600 | +€260 | +7.8% |
| Accrued charges and deferred income | 492/3 | - | €1,139 | +€1,139 | |
| Remuneration, social security and pensions | 62 | - | €22,044 | +€22,044 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,799 | €5,050 | +€3,250 | +181% |
| Other operating charges | 640/8 | €384 | €6,344 | +€5,959 | +1,550% |
| Gross operating margin | 9900 | €141,989 | €137,690 | -€4,299 | -3.0% |
| Operating profit (loss) | 9901 | €139,805 | €104,253 | -€35,552 | -25.4% |
| Financial income | 75/76B | €2,293 | €10,417 | +€8,124 | +354% |
| Recurring financial income | 75 | €2,293 | €10,417 | +€8,124 | +354% |
| Financial charges | 65/66B | €453 | €1,381 | +€927 | +205% |
| Recurring financial charges | 65 | €453 | €1,381 | +€927 | +205% |
| Profit (loss) for the period before taxes | 9903 | €141,645 | €113,289 | -€28,356 | -20.0% |
| Income taxes | 67/77 | €30,982 | €25,342 | -€5,640 | -18.2% |
| Profit (loss) for the period | 9904 | €110,663 | €87,947 | -€22,716 | -20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €110,663 | €87,947 | -€22,716 | -20.5% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.