GREEN2VISION: 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.
GREEN2VISION
Largest movements
- Cash -€21,260
down €21,260 (-53.5%), from €39,717 to €18,457
mainly Other debts (-€31,840) and Trade debts (-€9,641)
- Receivables within one year -€18,950
down €18,950 (-38.0%), from €49,904 to €30,955
of which Trade receivables: -€21,930
- Tangible fixed assets +€4,530
up €4,530 (+162.1%), from €2,795 to €7,325
of which Furniture and vehicles: +€2,334
- Deferred charges and accrued income -€2,279
down €2,279 (-15.3%), from €14,887 to €12,608
- Other debts -€31,840
down €31,840 (-97.5%), from €32,673 to €833
- Trade debts -€9,641
down €9,641 (-82.5%), from €11,692 to €2,051
- Reserves +€7,951
new in 2025: €7,951
- Tax, wage and social debts -€3,595
down €3,595 (-31.3%), from €11,486 to €7,891
- Gross operating margin -€53,930
down €53,930 (-78.9%), from €68,381 to €14,451
- Taxes -€8,955
down €8,955 (-66.9%), from €13,379 to €4,423
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 | €107,303 | €69,345 | -€37,958 | -35.4% |
| Fixed assets | 21/28 | €2,795 | €7,325 | +€4,530 | +162.1% |
| Tangible fixed assets | 22/27 | €2,795 | €7,325 | +€4,530 | +162.1% |
| Plant, machinery and equipment | 23 | - | €2,196 | +€2,196 | |
| Furniture and vehicles | 24 | €2,795 | €5,129 | +€2,334 | +83.5% |
| Current assets | 29/58 | €104,508 | €62,020 | -€42,488 | -40.7% |
| Amounts receivable within one year | 40/41 | €49,904 | €30,955 | -€18,950 | -38.0% |
| Trade receivables | 40 | €45,623 | €23,693 | -€21,930 | -48.1% |
| Other amounts receivable | 41 | €4,281 | €7,262 | +€2,981 | +69.6% |
| Cash at bank and in hand | 54/58 | €39,717 | €18,457 | -€21,260 | -53.5% |
| Deferred charges and accrued income | 490/1 | €14,887 | €12,608 | -€2,279 | -15.3% |
| Total equity and liabilities | 10/49 | €107,303 | €69,345 | -€37,958 | -35.4% |
| Equity | 10/15 | €51,452 | €58,570 | +€7,118 | +13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €7,951 | +€7,951 | |
| Distributable reserves | 133 | - | €7,951 | +€7,951 | |
| Profit (loss) carried forward | 14 | €32,852 | €32,019 | -€833 | -2.5% |
| Amounts payable | 17/49 | €55,851 | €10,775 | -€45,076 | -80.7% |
| Amounts payable within one year | 42/48 | €55,851 | €10,775 | -€45,076 | -80.7% |
| Trade debts | 44 | €11,692 | €2,051 | -€9,641 | -82.5% |
| Suppliers | 440/4 | €11,692 | €2,051 | -€9,641 | -82.5% |
| Taxes, remuneration and social security | 45 | €11,486 | €7,891 | -€3,595 | -31.3% |
| Taxes | 450/3 | €11,486 | €7,891 | -€3,595 | -31.3% |
| Other amounts payable | 47/48 | €32,673 | €833 | -€31,840 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €708 | €962 | +€254 | +35.9% |
| Other operating charges | 640/8 | €855 | €970 | +€116 | +13.5% |
| Gross operating margin | 9900 | €68,381 | €14,451 | -€53,930 | -78.9% |
| Operating profit (loss) | 9901 | €66,819 | €12,519 | -€54,300 | -81.3% |
| Financial income | 75/76B | €0 | €72 | +€72 | |
| Recurring financial income | 75 | €0 | €72 | +€72 | |
| Financial charges | 65/66B | €260 | €216 | -€45 | -17.1% |
| Recurring financial charges | 65 | €260 | €216 | -€45 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €66,558 | €12,375 | -€54,184 | -81.4% |
| Income taxes | 67/77 | €13,379 | €4,423 | -€8,955 | -66.9% |
| Profit (loss) for the period | 9904 | €53,180 | €7,951 | -€45,229 | -85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,180 | €7,951 | -€45,229 | -85.0% |
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 12 October 2026 via checked.be.