GREEN XPRES: 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 XPRES
Largest movements
- Cash +€31,496
up €31,496 (+37.7%), from €83,489 to €114,985
mainly Depreciation (+€27,086) and Other debts (+€26,668)
- Tangible fixed assets +€10,879
up €10,879 (+7.9%), from €137,956 to €148,835
of which Furniture and vehicles: +€16,673
- Other debts +€26,668
up €26,668 (+310%), from €8,600 to €35,268
- Tax, wage and social debts +€16,664
up €16,664 (+167%), from €9,975 to €26,639
of which Taxes: +€14,588
- Reserves -€13,804
down €13,804 (-13.9%), from €99,385 to €85,581
- Current portion of long-term debt +€4,123
up €4,123 (+38.6%), from €10,674 to €14,797
- Trade debts +€3,832
up €3,832 (+59.6%), from €6,429 to €10,262
- Gross operating margin +€47,809
up €47,809 (+45.9%), from €104,139 to €151,948
- Staff costs +€27,192
up €27,192 (+42.2%), from €64,417 to €91,610
- Depreciation +€9,145
up €9,145 (+51.0%), from €17,940 to €27,086
- Taxes +€1,903
up €1,903 (+33.4%), from €5,698 to €7,601
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 | €235,610 | €276,741 | +€41,131 | +17.5% |
| Fixed assets | 21/28 | €137,956 | €148,835 | +€10,879 | +7.9% |
| Tangible fixed assets | 22/27 | €137,956 | €148,835 | +€10,879 | +7.9% |
| Land and buildings | 22 | €72,032 | €66,052 | -€5,980 | -8.3% |
| Plant, machinery and equipment | 23 | €752 | €938 | +€186 | +24.7% |
| Furniture and vehicles | 24 | €65,172 | €81,845 | +€16,673 | +25.6% |
| Current assets | 29/58 | €97,654 | €127,906 | +€30,252 | +31.0% |
| Amounts receivable within one year | 40/41 | €13,655 | €11,271 | -€2,385 | -17.5% |
| Trade receivables | 40 | €11,209 | €9,386 | -€1,823 | -16.3% |
| Other amounts receivable | 41 | €2,446 | €1,884 | -€562 | -23.0% |
| Cash at bank and in hand | 54/58 | €83,489 | €114,985 | +€31,496 | +37.7% |
| Deferred charges and accrued income | 490/1 | €509 | €1,650 | +€1,141 | +224% |
| Total equity and liabilities | 10/49 | €235,610 | €276,741 | +€41,131 | +17.5% |
| Equity | 10/15 | €111,785 | €97,981 | -€13,804 | -12.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €99,385 | €85,581 | -€13,804 | -13.9% |
| Distributable reserves | 133 | €99,385 | €85,581 | -€13,804 | -13.9% |
| Amounts payable | 17/49 | €123,825 | €178,760 | +€54,935 | +44.4% |
| Amounts payable after more than one year | 17 | €88,147 | €91,795 | +€3,648 | +4.1% |
| Financial debts | 170/4 | €88,147 | €91,795 | +€3,648 | +4.1% |
| Amounts payable within one year | 42/48 | €35,678 | €86,965 | +€51,287 | +144% |
| Current portion of amounts payable after more than one year | 42 | €10,674 | €14,797 | +€4,123 | +38.6% |
| Trade debts | 44 | €6,429 | €10,262 | +€3,832 | +59.6% |
| Suppliers | 440/4 | €6,429 | €10,262 | +€3,832 | +59.6% |
| Taxes, remuneration and social security | 45 | €9,975 | €26,639 | +€16,664 | +167% |
| Taxes | 450/3 | €5,551 | €20,140 | +€14,588 | +263% |
| Remuneration and social security | 454/9 | €4,424 | €6,499 | +€2,075 | +46.9% |
| Other amounts payable | 47/48 | €8,600 | €35,268 | +€26,668 | +310% |
| Remuneration, social security and pensions | 62 | €64,417 | €91,610 | +€27,192 | +42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,940 | €27,086 | +€9,145 | +51.0% |
| Other operating charges | 640/8 | €1,567 | €1,507 | -€60 | -3.8% |
| Gross operating margin | 9900 | €104,139 | €151,948 | +€47,809 | +45.9% |
| Operating profit (loss) | 9901 | €20,214 | €31,746 | +€11,531 | +57.0% |
| Financial income | 75/76B | €692 | €304 | -€388 | -56.1% |
| Recurring financial income | 75 | €692 | €304 | -€388 | -56.1% |
| Financial charges | 65/66B | €2,770 | €3,279 | +€509 | +18.4% |
| Recurring financial charges | 65 | €2,770 | €3,279 | +€509 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | €18,137 | €28,771 | +€10,634 | +58.6% |
| Income taxes | 67/77 | €5,698 | €7,601 | +€1,903 | +33.4% |
| Profit (loss) for the period | 9904 | €12,439 | €21,170 | +€8,731 | +70.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,439 | €21,170 | +€8,731 | +70.2% |
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 28 October 2026 via checked.be.