GREEN WORLD: 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.
GREEN WORLD
Largest movements
- Receivables within one year +€122,493
up €122,493 (+176.4%), from €69,458 to €191,951
of which Trade receivables: +€131,093
- Tangible fixed assets -€6,736
down €6,736 (-19.7%), from €34,160 to €27,424
of which Furniture and vehicles: -€6,069
- Cash -€4,937
down €4,937 (-51.3%), from €9,626 to €4,688
mainly Receivables within one year (-€122,493) and Investment in fixed assets (net) (-€9,450)
- Trade debts +€59,620
up €59,620 (+464.3%), from €12,842 to €72,462
- Other debts +€40,705
up €40,705 (+54.7%), from €74,363 to €115,068
- Advances received +€5,436
up €5,436 (+65.7%), from €8,279 to €13,716
- Profit (loss) carried forward +€4,534
up €4,534 (+69.6%), from €6,510 to €11,043
- Gross operating margin +€11,624
up €11,624 (+59.8%), from €19,424 to €31,048
- Taxes +€6,145
up €6,145 (+589.2%), from €1,043 to €7,188
- Depreciation +€2,088
up €2,088 (+14.8%), from €14,098 to €16,186
- Financial charges -€327
down €327 (-42.8%), from €763 to €436
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.
Cash bridge derived
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 | €118,729 | €230,520 | +€111,792 | +94.2% |
| Fixed assets | 21/28 | €34,160 | €27,424 | -€6,736 | -19.7% |
| Tangible fixed assets | 22/27 | €34,160 | €27,424 | -€6,736 | -19.7% |
| Plant, machinery and equipment | 23 | €1,413 | €747 | -€667 | -47.2% |
| Furniture and vehicles | 24 | €32,746 | €26,677 | -€6,069 | -18.5% |
| Current assets | 29/58 | €84,569 | €203,097 | +€118,528 | +140.2% |
| Amounts receivable within one year | 40/41 | €69,458 | €191,951 | +€122,493 | +176.4% |
| Trade receivables | 40 | €57,932 | €189,025 | +€131,093 | +226.3% |
| Other amounts receivable | 41 | €11,525 | €2,926 | -€8,599 | -74.6% |
| Cash at bank and in hand | 54/58 | €9,626 | €4,688 | -€4,937 | -51.3% |
| Deferred charges and accrued income | 490/1 | €5,485 | €6,457 | +€972 | +17.7% |
| Total equity and liabilities | 10/49 | €118,729 | €230,520 | +€111,792 | +94.2% |
| Equity | 10/15 | €16,510 | €21,043 | +€4,534 | +27.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,510 | €11,043 | +€4,534 | +69.6% |
| Amounts payable | 17/49 | €102,219 | €209,477 | +€107,258 | +104.9% |
| Amounts payable within one year | 42/48 | €102,219 | €209,477 | +€107,258 | +104.9% |
| Trade debts | 44 | €12,842 | €72,462 | +€59,620 | +464.3% |
| Suppliers | 440/4 | €12,842 | €72,462 | +€59,620 | +464.3% |
| Advances received on contracts in progress | 46 | €8,279 | €13,716 | +€5,436 | +65.7% |
| Taxes, remuneration and social security | 45 | €6,734 | €8,231 | +€1,497 | +22.2% |
| Taxes | 450/3 | €6,734 | €8,231 | +€1,497 | +22.2% |
| Other amounts payable | 47/48 | €74,363 | €115,068 | +€40,705 | +54.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,098 | €16,186 | +€2,088 | +14.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €779 | €931 | +€153 | +19.6% |
| Other operating charges | 640/8 | €1,969 | €1,781 | -€188 | -9.6% |
| Gross operating margin | 9900 | €19,424 | €31,048 | +€11,624 | +59.8% |
| Operating profit (loss) | 9901 | €2,579 | €12,150 | +€9,571 | +371.2% |
| Financial income | 75/76B | €133 | €8 | -€125 | -93.8% |
| Recurring financial income | 75 | €133 | €8 | -€125 | -93.8% |
| Financial charges | 65/66B | €763 | €436 | -€327 | -42.8% |
| Recurring financial charges | 65 | €763 | €436 | -€327 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €1,948 | €11,722 | +€9,774 | +501.7% |
| Income taxes | 67/77 | €1,043 | €7,188 | +€6,145 | +589.2% |
| Profit (loss) for the period | 9904 | €905 | €4,534 | +€3,628 | +400.8% |
| Profit (loss) for the period to be appropriated | 9905 | €905 | €4,534 | +€3,628 | +400.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.