GreenCloudMax: 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.
GreenCloudMax
Largest movements
- Cash +€88,984
up €88,984 (+67.6%), from €131,710 to €220,694
mainly Net result for the year (+€91,346) and Tax, wage and social debts (+€20,039)
- Receivables within one year +€9,442
up €9,442 (+45.3%), from €20,842 to €30,285
- Tangible fixed assets -€3,867
down €3,867 (-45.4%), from €8,524 to €4,658
- Profit (loss) carried forward +€75,446
up €75,446 (+74.5%), from €101,319 to €176,765
- Tax, wage and social debts +€20,039
up €20,039 (+58.3%), from €34,396 to €54,434
- Gross operating margin -€39,162
down €39,162 (-25.3%), from €154,954 to €115,792
- Taxes -€8,651
down €8,651 (-30.2%), from €28,638 to €19,988
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 | €161,662 | €255,953 | +€94,291 | +58.3% |
| Fixed assets | 21/28 | €8,524 | €4,658 | -€3,867 | -45.4% |
| Tangible fixed assets | 22/27 | €8,524 | €4,658 | -€3,867 | -45.4% |
| Furniture and vehicles | 24 | €8,524 | €4,658 | -€3,867 | -45.4% |
| Current assets | 29/58 | €153,138 | €251,295 | +€98,157 | +64.1% |
| Amounts receivable within one year | 40/41 | €20,842 | €30,285 | +€9,442 | +45.3% |
| Trade receivables | 40 | €20,842 | €30,285 | +€9,442 | +45.3% |
| Cash at bank and in hand | 54/58 | €131,710 | €220,694 | +€88,984 | +67.6% |
| Deferred charges and accrued income | 490/1 | €586 | €317 | -€269 | -45.9% |
| Total equity and liabilities | 10/49 | €161,662 | €255,953 | +€94,291 | +58.3% |
| Equity | 10/15 | €103,819 | €179,265 | +€75,446 | +72.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,319 | €176,765 | +€75,446 | +74.5% |
| Amounts payable | 17/49 | €57,843 | €76,688 | +€18,845 | +32.6% |
| Amounts payable within one year | 42/48 | €57,843 | €76,688 | +€18,845 | +32.6% |
| Trade debts | 44 | €529 | €297 | -€233 | -43.9% |
| Suppliers | 440/4 | €529 | €297 | -€233 | -43.9% |
| Taxes, remuneration and social security | 45 | €34,396 | €54,434 | +€20,039 | +58.3% |
| Taxes | 450/3 | €34,396 | €54,434 | +€20,039 | +58.3% |
| Other amounts payable | 47/48 | €22,918 | €21,957 | -€961 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,076 | €3,867 | +€791 | +25.7% |
| Other operating charges | 640/8 | €865 | €551 | -€314 | -36.3% |
| Gross operating margin | 9900 | €154,954 | €115,792 | -€39,162 | -25.3% |
| Operating profit (loss) | 9901 | €151,013 | €111,374 | -€39,639 | -26.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €57 | €40 | -€16 | -28.6% |
| Recurring financial charges | 65 | €57 | €40 | -€16 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €150,958 | €111,334 | -€39,624 | -26.2% |
| Income taxes | 67/77 | €28,638 | €19,988 | -€8,651 | -30.2% |
| Profit (loss) for the period | 9904 | €122,319 | €91,346 | -€30,973 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €122,319 | €91,346 | -€30,973 | -25.3% |
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 20 October 2026 via checked.be.