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GREENCOACH: what changed

Two fiscal 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.

What changed

GREENCOACH

BE 0473.713.554
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€781
2023 · €814-€33
Equity
€216,810
2023 · €216,029+€781
Cash
€56,278
2023 · €48,254+€8,023
Balance sheet total
€220,247
2023 · €217,063+€3,184

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€8,243

    down €8,243 (-5.1%), from €162,859 to €154,616

    of which Furniture and vehicles: -€11,605

  • Cash +€8,023

    up €8,023 (+16.6%), from €48,254 to €56,278

    mainly Depreciation (+€8,243) and Trade debts (+€1,881)

  • Receivables within one year +€3,403

    up €3,403 (+57.2%), from €5,950 to €9,353

    of which Other amounts receivable: +€3,653

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Depreciation -€1,751

      down €1,751 (-17.5%), from €9,993 to €8,243

    • Gross operating margin -€1,226

      down €1,226 (-9.9%), from €12,339 to €11,113

    • Taxes +€601

      up €601 (+103.7%), from €579 to €1,180

    From the 2023 result to the 2024 result

    effect on the 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.

    Result 2023 €814
    Gross operating margin -€1,226
    Depreciation +€1,751
    Other operating charges -€72
    Financial income +€108
    Financial charges +€7
    Taxes -€601
    Result 2024 €781

    Cash bridge derived

    cash 2023 to 2024

    Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

    From operations +€8,023
    Investment €0
    Financing €0
    Cash 2023 €48,254
    Net result for the year +€781
    Depreciation +€8,243
    Receivables within one year -€3,403
    Trade debts +€1,881
    Tax, wage and social debts +€601
    Other debts -€79
    Cash 2024 €56,278
    Every line side by side 36 lines
    Line Code 2023 2024 Change %
    Total assets 20/58 €217,063 €220,247 +€3,184 +1.5%
    Fixed assets 21/28 €162,859 €154,616 -€8,243 -5.1%
    Tangible fixed assets 22/27 €162,859 €154,616 -€8,243 -5.1%
    Land and buildings 22 €147,293 €147,062 -€231 -0.2%
    Plant, machinery and equipment 23 - €3,593 +€3,593
    Furniture and vehicles 24 €15,565 €3,960 -€11,605 -74.6%
    Current assets 29/58 €54,204 €65,631 +€11,427 +21.1%
    Amounts receivable within one year 40/41 €5,950 €9,353 +€3,403 +57.2%
    Trade receivables 40 €5,950 €5,700 -€250 -4.2%
    Other amounts receivable 41 - €3,653 +€3,653
    Cash at bank and in hand 54/58 €48,254 €56,278 +€8,023 +16.6%
    Total equity and liabilities 10/49 €217,063 €220,247 +€3,184 +1.5%
    Equity 10/15 €216,029 €216,810 +€781 +0.4%
    Contributions 10/11 €18,600 €18,600 = 0.0%
    Reserves 13 €197,429 €198,210 +€781 +0.4%
    Tax-exempt reserves 132 €870 €870 = 0.0%
    Distributable reserves 133 €196,559 €197,340 +€781 +0.4%
    Amounts payable 17/49 €1,034 €3,436 +€2,403 +232.5%
    Amounts payable within one year 42/48 €1,034 €3,436 +€2,403 +232.5%
    Trade debts 44 €375 €2,256 +€1,881 +501.4%
    Suppliers 440/4 €375 €2,256 +€1,881 +501.4%
    Taxes, remuneration and social security 45 €579 €1,180 +€601 +103.7%
    Taxes 450/3 €579 €1,180 +€601 +103.7%
    Other amounts payable 47/48 €79 €0 -€79 -100.0%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,993 €8,243 -€1,751 -17.5%
    Other operating charges 640/8 €724 €796 +€72 +9.9%
    Gross operating margin 9900 €12,339 €11,113 -€1,226 -9.9%
    Operating profit (loss) 9901 €1,621 €2,074 +€453 +27.9%
    Financial income 75/76B - €108 +€108
    Recurring financial income 75 - €108 +€108
    Financial charges 65/66B €228 €221 -€7 -3.2%
    Recurring financial charges 65 €228 €221 -€7 -3.2%
    Profit (loss) for the period before taxes 9903 €1,393 €1,961 +€568 +40.8%
    Income taxes 67/77 €579 €1,180 +€601 +103.7%
    Profit (loss) for the period 9904 €814 €781 -€33 -4.0%
    Profit (loss) for the period to be appropriated 9905 €814 €781 -€33 -4.0%

    Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.