GREEN WOK: 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 WOK
Largest movements
- Cash +€21,706
up €21,706 (+50.8%), from €42,758 to €64,464
mainly Net result for the year (+€17,045) and Receivables within one year (+€7,371)
- Receivables within one year -€7,371
down €7,371 (-96.7%), from €7,625 to €254
- Tangible fixed assets +€1,188
up €1,188 (+118%), from €1,004 to €2,192
of which Furniture and vehicles: +€1,559
- Reserves +€17,045
up €17,045 (+159%), from €10,726 to €27,770
- Tax, wage and social debts +€6,729
up €6,729 (+91.8%), from €7,332 to €14,061
of which Taxes: +€4,635
- Trade debts -€4,959
down €4,959 (-51.8%), from €9,573 to €4,614
- Other debts -€3,282
down €3,282 (-30.1%), from €10,891 to €7,609
- Staff costs +€9,088
up €9,088 (+22.2%), from €40,909 to €49,997
- Gross operating margin +€4,044
up €4,044 (+5.4%), from €74,896 to €78,941
- Other operating charges +€1,890
up €1,890 (+433%), from €437 to €2,327
- Taxes +€910
up €910 (+11.9%), from €7,619 to €8,530
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 | €57,122 | €72,654 | +€15,532 | +27.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,304 | €2,492 | +€1,188 | +91.1% |
| Tangible fixed assets | 22/27 | €1,004 | €2,192 | +€1,188 | +118% |
| Plant, machinery and equipment | 23 | €1,004 | €633 | -€371 | -36.9% |
| Furniture and vehicles | 24 | €0 | €1,559 | +€1,559 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €55,818 | €70,162 | +€14,344 | +25.7% |
| Stocks and contracts in progress | 3 | €5,435 | €5,444 | +€9 | +0.2% |
| Stocks | 30/36 | €5,435 | €5,444 | +€9 | +0.2% |
| Amounts receivable within one year | 40/41 | €7,625 | €254 | -€7,371 | -96.7% |
| Other amounts receivable | 41 | €7,625 | €254 | -€7,371 | -96.7% |
| Cash at bank and in hand | 54/58 | €42,758 | €64,464 | +€21,706 | +50.8% |
| Total equity and liabilities | 10/49 | €57,122 | €72,654 | +€15,532 | +27.2% |
| Equity | 10/15 | €29,326 | €46,370 | +€17,045 | +58.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,726 | €27,770 | +€17,045 | +159% |
| Distributable reserves | 133 | €10,726 | €27,770 | +€17,045 | +159% |
| Amounts payable | 17/49 | €27,797 | €26,284 | -€1,513 | -5.4% |
| Amounts payable within one year | 42/48 | €27,797 | €26,284 | -€1,513 | -5.4% |
| Trade debts | 44 | €9,573 | €4,614 | -€4,959 | -51.8% |
| Suppliers | 440/4 | €9,573 | €4,614 | -€4,959 | -51.8% |
| Taxes, remuneration and social security | 45 | €7,332 | €14,061 | +€6,729 | +91.8% |
| Taxes | 450/3 | €3,894 | €8,530 | +€4,635 | +119% |
| Remuneration and social security | 454/9 | €3,438 | €5,531 | +€2,093 | +60.9% |
| Other amounts payable | 47/48 | €10,891 | €7,609 | -€3,282 | -30.1% |
| Remuneration, social security and pensions | 62 | €40,909 | €49,997 | +€9,088 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184 | €680 | +€496 | +270% |
| Other operating charges | 640/8 | €437 | €2,327 | +€1,890 | +433% |
| Gross operating margin | 9900 | €74,896 | €78,941 | +€4,044 | +5.4% |
| Operating profit (loss) | 9901 | €33,367 | €25,937 | -€7,430 | -22.3% |
| Financial charges | 65/66B | €143 | €362 | +€219 | +153% |
| Recurring financial charges | 65 | €143 | €362 | +€219 | +153% |
| Profit (loss) for the period before taxes | 9903 | €33,223 | €25,574 | -€7,649 | -23.0% |
| Income taxes | 67/77 | €7,619 | €8,530 | +€910 | +11.9% |
| Profit (loss) for the period | 9904 | €25,604 | €17,045 | -€8,559 | -33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,604 | €17,045 | -€8,559 | -33.4% |
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.