GREENBUROTIC: 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.
GREENBUROTIC
Largest movements
- Cash +€8,468
up €8,468 (+120%), from €7,065 to €15,533
mainly Net result for the year (+€14,869) and Depreciation (+€7,101)
- Tangible fixed assets +€8,108
up €8,108 (+200%), from €4,059 to €12,167
- Receivables within one year -€2,264
down €2,264 (-7.9%), from €28,654 to €26,390
of which Trade receivables: -€2,264
- Stocks and contracts -€885
down €885 (-16.7%), from €5,295 to €4,411
- Profit (loss) carried forward +€14,869
up €14,869 (+131%), from €11,363 to €26,232
- Other debts -€5,000
no longer reported in 2025 (was €5,000)
- Trade debts +€2,830
new in 2025: €2,830
- Tax, wage and social debts +€728
up €728 (+8.4%), from €8,710 to €9,438
- Gross operating margin +€10,097
up €10,097 (+55.6%), from €18,171 to €28,268
- Depreciation +€3,043
up €3,043 (+75.0%), from €4,058 to €7,101
- Taxes +€3,024
up €3,024 (+111%), from €2,723 to €5,747
- Write-downs -€2,636
no longer reported in 2025 (was €2,636)
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 | €45,073 | €58,501 | +€13,427 | +29.8% |
| Fixed assets | 21/28 | €4,059 | €12,167 | +€8,108 | +200% |
| Tangible fixed assets | 22/27 | €4,059 | €12,167 | +€8,108 | +200% |
| Plant, machinery and equipment | 23 | €4,059 | €12,167 | +€8,108 | +200% |
| Current assets | 29/58 | €41,014 | €46,333 | +€5,319 | +13.0% |
| Stocks and contracts in progress | 3 | €5,295 | €4,411 | -€885 | -16.7% |
| Stocks | 30/36 | €5,295 | €4,411 | -€885 | -16.7% |
| Amounts receivable within one year | 40/41 | €28,654 | €26,390 | -€2,264 | -7.9% |
| Trade receivables | 40 | €28,643 | €26,379 | -€2,264 | -7.9% |
| Other amounts receivable | 41 | €11 | €11 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,065 | €15,533 | +€8,468 | +120% |
| Total equity and liabilities | 10/49 | €45,073 | €58,501 | +€13,427 | +29.8% |
| Equity | 10/15 | €31,363 | €46,232 | +€14,869 | +47.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,363 | €26,232 | +€14,869 | +131% |
| Amounts payable | 17/49 | €13,710 | €12,268 | -€1,442 | -10.5% |
| Amounts payable within one year | 42/48 | €13,710 | €12,268 | -€1,442 | -10.5% |
| Trade debts | 44 | - | €2,830 | +€2,830 | |
| Suppliers | 440/4 | - | €2,830 | +€2,830 | |
| Taxes, remuneration and social security | 45 | €8,710 | €9,438 | +€728 | +8.4% |
| Taxes | 450/3 | €8,710 | €9,438 | +€728 | +8.4% |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,058 | €7,101 | +€3,043 | +75.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,636 | - | -€2,636 | |
| Other operating charges | 640/8 | €542 | €475 | -€68 | -12.5% |
| Gross operating margin | 9900 | €18,171 | €28,268 | +€10,097 | +55.6% |
| Operating profit (loss) | 9901 | €10,935 | €20,692 | +€9,757 | +89.2% |
| Financial charges | 65/66B | €47 | €76 | +€30 | +64.0% |
| Recurring financial charges | 65 | €47 | €76 | +€30 | +64.0% |
| Profit (loss) for the period before taxes | 9903 | €10,888 | €20,616 | +€9,727 | +89.3% |
| Income taxes | 67/77 | €2,723 | €5,747 | +€3,024 | +111% |
| Profit (loss) for the period | 9904 | €8,166 | €14,869 | +€6,703 | +82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,166 | €14,869 | +€6,703 | +82.1% |
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 15 October 2026 via checked.be.