GREENCAST: what changed
GREENCAST
Largest movements
- Cash -€26,405
down €26,405 (-89.1%), from €29,647 to €3,242
mainly Receivables within one year (-€23,242) and Net result for the year (-€18,890)
- Receivables within one year +€23,242
up €23,242 (+115%), from €20,278 to €43,520
- Tangible fixed assets -€6,600
down €6,600 (-32.9%), from €20,089 to €13,489
- Profit (loss) carried forward -€18,890
down €18,890 (-39.1%), from -€48,286 to -€67,176
- Tax, wage and social debts +€10,724
up €10,724 (+20.7%), from €51,832 to €62,556
of which Remuneration and social security: +€12,281
- Trade debts -€1,597
down €1,597 (-34.7%), from €4,603 to €3,006
- Staff costs -€81,420
down €81,420 (-19.2%), from €424,085 to €342,665
- Gross operating margin -€45,195
down €45,195 (-11.8%), from €383,557 to €338,362
- Other operating charges +€7,229
up €7,229 (+1,021%), from €708 to €7,936
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,149 | €60,386 | -€9,763 | -13.9% |
| Fixed assets | 21/28 | €20,224 | €13,624 | -€6,600 | -32.6% |
| Tangible fixed assets | 22/27 | €20,089 | €13,489 | -€6,600 | -32.9% |
| Furniture and vehicles | 24 | €20,089 | €13,489 | -€6,600 | -32.9% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €49,925 | €46,762 | -€3,163 | -6.3% |
| Amounts receivable within one year | 40/41 | €20,278 | €43,520 | +€23,242 | +115% |
| Trade receivables | 40 | €20,278 | €43,520 | +€23,242 | +115% |
| Cash at bank and in hand | 54/58 | €29,647 | €3,242 | -€26,405 | -89.1% |
| Total equity and liabilities | 10/49 | €70,149 | €60,386 | -€9,763 | -13.9% |
| Equity | 10/15 | €13,714 | -€5,176 | -€18,890 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,286 | -€67,176 | -€18,890 | -39.1% |
| Amounts payable | 17/49 | €56,435 | €65,562 | +€9,127 | +16.2% |
| Amounts payable within one year | 42/48 | €56,435 | €65,562 | +€9,127 | +16.2% |
| Trade debts | 44 | €4,603 | €3,006 | -€1,597 | -34.7% |
| Suppliers | 440/4 | €4,603 | €3,006 | -€1,597 | -34.7% |
| Taxes, remuneration and social security | 45 | €51,832 | €62,556 | +€10,724 | +20.7% |
| Taxes | 450/3 | €22,762 | €21,204 | -€1,558 | -6.8% |
| Remuneration and social security | 454/9 | €29,071 | €41,352 | +€12,281 | +42.2% |
| Remuneration, social security and pensions | 62 | €424,085 | €342,665 | -€81,420 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,600 | €6,600 | = | 0.0% |
| Other operating charges | 640/8 | €708 | €7,936 | +€7,229 | +1,021% |
| Gross operating margin | 9900 | €383,557 | €338,362 | -€45,195 | -11.8% |
| Operating profit (loss) | 9901 | -€47,836 | -€18,840 | +€28,996 | +60.6% |
| Financial charges | 65/66B | €52 | €50 | -€2 | -4.1% |
| Recurring financial charges | 65 | €52 | €50 | -€2 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | -€47,888 | -€18,890 | +€28,998 | +60.6% |
| Profit (loss) for the period | 9904 | -€47,888 | -€18,890 | +€28,998 | +60.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,888 | -€18,890 | +€28,998 | +60.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.