Green Works: 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 Works
Largest movements
- Tangible fixed assets +€11,395
up €11,395 (+192%), from €5,938 to €17,333
of which Furniture and vehicles: +€8,840
- Receivables within one year +€1,420
up €1,420 (+75.0%), from €1,892 to €3,312
of which Trade receivables: +€2,015
- Trade debts +€8,087
up €8,087 (+675%), from €1,199 to €9,286
- Profit (loss) carried forward +€5,467
up €5,467 (+10.5%), from -€51,864 to -€46,397
- Current portion of long-term debt -€1,728
no longer reported in 2024 (was €1,728)
- Other debts +€1,071
up €1,071 (+2.6%), from €40,557 to €41,628
- Gross operating margin -€15,275
down €15,275 (-67.4%), from €22,648 to €7,373
- Taxes -€4,103
down €4,103 (-98.8%), from €4,153 to €50
- Depreciation -€2,036
down €2,036 (-86.3%), from €2,358 to €322
- Financial charges +€800
up €800 (+132%), from €606 to €1,406
- Other operating charges -€643
down €643 (-79.6%), from €808 to €165
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,894 | €21,792 | +€12,898 | +145% |
| Fixed assets | 21/28 | €5,938 | €17,333 | +€11,395 | +192% |
| Tangible fixed assets | 22/27 | €5,938 | €17,333 | +€11,395 | +192% |
| Plant, machinery and equipment | 23 | €5,938 | €8,493 | +€2,555 | +43.0% |
| Furniture and vehicles | 24 | - | €8,840 | +€8,840 | |
| Current assets | 29/58 | €2,956 | €4,459 | +€1,503 | +50.8% |
| Amounts receivable within one year | 40/41 | €1,892 | €3,312 | +€1,420 | +75.0% |
| Trade receivables | 40 | €1,291 | €3,306 | +€2,015 | +156% |
| Other amounts receivable | 41 | €601 | €6 | -€595 | -99.0% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €1,064 | €1,073 | +€9 | +0.9% |
| Deferred charges and accrued income | 490/1 | - | €74 | +€74 | |
| Total equity and liabilities | 10/49 | €8,894 | €21,792 | +€12,898 | +145% |
| Equity | 10/15 | -€34,589 | -€29,122 | +€5,467 | +15.8% |
| Contributions | 10/11 | €17,275 | €17,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,864 | -€46,397 | +€5,467 | +10.5% |
| Amounts payable | 17/49 | €43,483 | €50,914 | +€7,431 | +17.1% |
| Amounts payable within one year | 42/48 | €43,483 | €50,914 | +€7,431 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €1,728 | - | -€1,728 | |
| Trade debts | 44 | €1,199 | €9,286 | +€8,087 | +675% |
| Suppliers | 440/4 | €1,199 | €9,286 | +€8,087 | +675% |
| Other amounts payable | 47/48 | €40,557 | €41,628 | +€1,071 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,358 | €322 | -€2,036 | -86.3% |
| Other operating charges | 640/8 | €808 | €165 | -€643 | -79.6% |
| Gross operating margin | 9900 | €22,648 | €7,373 | -€15,275 | -67.4% |
| Operating profit (loss) | 9901 | €19,482 | €6,886 | -€12,596 | -64.7% |
| Financial income | 75/76B | €11 | €36 | +€25 | +220% |
| Recurring financial income | 75 | €11 | €36 | +€25 | +220% |
| Financial charges | 65/66B | €606 | €1,406 | +€800 | +132% |
| Recurring financial charges | 65 | €606 | €1,406 | +€800 | +132% |
| Profit (loss) for the period before taxes | 9903 | €18,887 | €5,516 | -€13,371 | -70.8% |
| Income taxes | 67/77 | €4,153 | €50 | -€4,103 | -98.8% |
| Profit (loss) for the period | 9904 | €14,735 | €5,466 | -€9,269 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,735 | €5,466 | -€9,269 | -62.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.