Greenager+: 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.
Greenager+
Largest movements
- Cash +€37,144
up €37,144 (+119.8%), from €31,009 to €68,153
mainly Net result for the year (+€46,898) and Trade debts (+€16,228)
- Receivables within one year +€22,891
up €22,891 (+12.5%), from €183,785 to €206,676
of which Other amounts receivable: +€79,482
- Reserves +€46,898
up €46,898 (+28.3%), from €165,830 to €212,729
- Trade debts +€16,228
up €16,228 (+35.8%), from €45,350 to €61,578
- Debts after one year -€10,133
down €10,133 (-33.8%), from €29,962 to €19,830
- Accrued charges and deferred income +€7,755
up €7,755 (+775.5%), from €1,000 to €8,755
- Gross operating margin -€14,272
down €14,272 (-14.9%), from €95,472 to €81,200
- Other operating charges +€9,413
up €9,413 (+729.6%), from €1,290 to €10,703
- Taxes -€3,392
down €3,392 (-19.9%), from €17,044 to €13,652
- Financial income +€1,585
up €1,585 (+34.4%), from €4,611 to €6,196
- Financial charges -€1,092
down €1,092 (-35.1%), from €3,110 to €2,018
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 | €273,581 | €331,676 | +€58,095 | +21.2% |
| Fixed assets | 21/28 | €57,106 | €55,147 | -€1,959 | -3.4% |
| Tangible fixed assets | 22/27 | €57,106 | €55,147 | -€1,959 | -3.4% |
| Land and buildings | 22 | €7,929 | €7,048 | -€881 | -11.1% |
| Plant, machinery and equipment | 23 | €6,788 | €14,924 | +€8,136 | +119.9% |
| Furniture and vehicles | 24 | €42,389 | €33,176 | -€9,213 | -21.7% |
| Current assets | 29/58 | €216,475 | €276,528 | +€60,054 | +27.7% |
| Amounts receivable within one year | 40/41 | €183,785 | €206,676 | +€22,891 | +12.5% |
| Trade receivables | 40 | €85,045 | €28,454 | -€56,591 | -66.5% |
| Other amounts receivable | 41 | €98,740 | €178,222 | +€79,482 | +80.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €31,009 | €68,153 | +€37,144 | +119.8% |
| Deferred charges and accrued income | 490/1 | €1,681 | €1,699 | +€18 | +1.1% |
| Total equity and liabilities | 10/49 | €273,581 | €331,676 | +€58,095 | +21.2% |
| Equity | 10/15 | €170,830 | €217,729 | +€46,898 | +27.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €165,830 | €212,729 | +€46,898 | +28.3% |
| Distributable reserves | 133 | €165,830 | €212,729 | +€46,898 | +28.3% |
| Amounts payable | 17/49 | €102,750 | €113,947 | +€11,197 | +10.9% |
| Amounts payable after more than one year | 17 | €29,962 | €19,830 | -€10,133 | -33.8% |
| Financial debts | 170/4 | €29,962 | €19,830 | -€10,133 | -33.8% |
| Amounts payable within one year | 42/48 | €71,788 | €85,363 | +€13,575 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €9,678 | €10,133 | +€455 | +4.7% |
| Trade debts | 44 | €45,350 | €61,578 | +€16,228 | +35.8% |
| Suppliers | 440/4 | €45,350 | €61,578 | +€16,228 | +35.8% |
| Taxes, remuneration and social security | 45 | €16,760 | €13,652 | -€3,107 | -18.5% |
| Taxes | 450/3 | €16,760 | €13,652 | -€3,107 | -18.5% |
| Accrued charges and deferred income | 492/3 | €1,000 | €8,755 | +€7,755 | +775.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,213 | €14,124 | -€89 | -0.6% |
| Other operating charges | 640/8 | €1,290 | €10,703 | +€9,413 | +729.6% |
| Gross operating margin | 9900 | €95,472 | €81,200 | -€14,272 | -14.9% |
| Operating profit (loss) | 9901 | €79,968 | €56,372 | -€23,596 | -29.5% |
| Financial income | 75/76B | €4,611 | €6,196 | +€1,585 | +34.4% |
| Recurring financial income | 75 | €4,611 | €6,196 | +€1,585 | +34.4% |
| Financial charges | 65/66B | €3,110 | €2,018 | -€1,092 | -35.1% |
| Recurring financial charges | 65 | €3,110 | €2,018 | -€1,092 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €81,469 | €60,550 | -€20,918 | -25.7% |
| Income taxes | 67/77 | €17,044 | €13,652 | -€3,392 | -19.9% |
| Profit (loss) for the period | 9904 | €64,425 | €46,898 | -€17,527 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €64,425 | €46,898 | -€17,527 | -27.2% |
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 10 October 2026 via checked.be.