GREENCITY: 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.
GREENCITY
Largest movements
- Tangible fixed assets +€21,615
up €21,615 (+6.9%), from €314,972 to €336,587
- Profit (loss) carried forward +€47,975
up €47,975 (+15.2%), from -€316,648 to -€268,674
- Debts after one year -€30,182
down €30,182 (-18.5%), from €163,322 to €133,140
- Gross operating margin -€96,730
down €96,730 (-59.8%), from €161,694 to €64,964
- Financial charges -€14,628
down €14,628 (-66.2%), from €22,105 to €7,477
- Financial income -€7,162
down €7,162 (-32.5%), from €22,026 to €14,864
- Depreciation -€5,419
down €5,419 (-21.2%), from €25,598 to €20,179
- Other operating charges -€3,274
down €3,274 (-43.8%), from €7,472 to €4,198
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 | €1,138,887 | €1,157,568 | +€18,681 | +1.6% |
| Fixed assets | 21/28 | €314,992 | €336,607 | +€21,615 | +6.9% |
| Tangible fixed assets | 22/27 | €314,972 | €336,587 | +€21,615 | +6.9% |
| Land and buildings | 22 | €314,972 | €336,587 | +€21,615 | +6.9% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €823,895 | €820,961 | -€2,935 | -0.4% |
| Amounts receivable within one year | 40/41 | €7,611 | €11,097 | +€3,486 | +45.8% |
| Other amounts receivable | 41 | €7,611 | €11,097 | +€3,486 | +45.8% |
| Current investments | 50/53 | €750,000 | €750,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €65,543 | €59,101 | -€6,442 | -9.8% |
| Deferred charges and accrued income | 490/1 | €741 | €763 | +€22 | +2.9% |
| Total equity and liabilities | 10/49 | €1,138,887 | €1,157,568 | +€18,681 | +1.6% |
| Equity | 10/15 | €945,852 | €993,826 | +€47,975 | +5.1% |
| Contributions | 10/11 | €1,262,500 | €1,262,500 | = | 0.0% |
| Capital | 10 | €1,262,500 | €1,262,500 | = | 0.0% |
| Issued capital | 100 | €1,262,500 | €1,262,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€316,648 | -€268,674 | +€47,975 | +15.2% |
| Amounts payable | 17/49 | €193,036 | €163,742 | -€29,294 | -15.2% |
| Amounts payable after more than one year | 17 | €163,322 | €133,140 | -€30,182 | -18.5% |
| Financial debts | 170/4 | €163,322 | €133,140 | -€30,182 | -18.5% |
| Amounts payable within one year | 42/48 | €29,607 | €30,491 | +€884 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €29,034 | €30,182 | +€1,148 | +4.0% |
| Trade debts | 44 | €308 | €309 | +€2 | +0.6% |
| Suppliers | 440/4 | €308 | €309 | +€2 | +0.6% |
| Other amounts payable | 47/48 | €265 | - | -€265 | |
| Accrued charges and deferred income | 492/3 | €107 | €111 | +€3 | +3.2% |
| Non-recurring operating income | 76A | €96,510 | €6,528 | -€89,982 | -93.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,598 | €20,179 | -€5,419 | -21.2% |
| Other operating charges | 640/8 | €7,472 | €4,198 | -€3,274 | -43.8% |
| Non-recurring operating charges | 66A | €17,797 | - | -€17,797 | |
| Gross operating margin | 9900 | €161,694 | €64,964 | -€96,730 | -59.8% |
| Operating profit (loss) | 9901 | €110,828 | €40,588 | -€70,240 | -63.4% |
| Financial income | 75/76B | €22,026 | €14,864 | -€7,162 | -32.5% |
| Recurring financial income | 75 | €22,026 | €14,864 | -€7,162 | -32.5% |
| Financial charges | 65/66B | €22,105 | €7,477 | -€14,628 | -66.2% |
| Recurring financial charges | 65 | €22,105 | €7,477 | -€14,628 | -66.2% |
| Profit (loss) for the period before taxes | 9903 | €110,748 | €47,975 | -€62,773 | -56.7% |
| Profit (loss) for the period | 9904 | €110,748 | €47,975 | -€62,773 | -56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €110,748 | €47,975 | -€62,773 | -56.7% |
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 13 October 2026 via checked.be.