GREENDYLE: 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.
GREENDYLE
Largest movements
- Receivables within one year -€87,458
down €87,458 (-59.4%), from €147,331 to €59,873
of which Trade receivables: -€62,702
- Tangible fixed assets +€52,248
up €52,248 (+8.9%), from €587,521 to €639,769
of which Other tangible fixed assets: +€52,493
- Cash +€47,031
up €47,031 (+2289.7%), from €2,054 to €49,085
mainly Receivables within one year (+€87,458) and Contributions, distributions and other (+€73,369)
- Profit (loss) carried forward -€82,388
down €82,388, from €7,655 to -€74,733
- Contributions +€81,000
up €81,000 (+405.0%), from €20,000 to €101,000
- Trade debts +€53,414
up €53,414 (+79.9%), from €66,828 to €120,242
- Debts after one year -€46,442
down €46,442 (-10.3%), from €448,771 to €402,329
- Current portion of long-term debt +€15,897
up €15,897 (+29.2%), from €54,475 to €70,372
- Write-downs +€86,029
new in 2025: €86,029
- Turnover +€62,965
new in 2025: €62,965
- Purchases and services +€37,497
new in 2025: €37,497
- Depreciation +€4,647
up €4,647 (+20.6%), from €22,548 to €27,194
- Gross operating margin +€3,251
up €3,251 (+14.6%), from €22,217 to €25,468
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.
Cash bridge derived
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 | €736,906 | €750,756 | +€13,850 | +1.9% |
| Fixed assets | 21/28 | €587,521 | €639,769 | +€52,248 | +8.9% |
| Tangible fixed assets | 22/27 | €587,521 | €639,769 | +€52,248 | +8.9% |
| Plant, machinery and equipment | 23 | €732 | €487 | -€245 | -33.5% |
| Other tangible fixed assets | 26 | €537,016 | €589,509 | +€52,493 | +9.8% |
| Assets under construction and advance payments | 27 | €49,774 | €49,774 | = | 0.0% |
| Current assets | 29/58 | €149,385 | €110,986 | -€38,398 | -25.7% |
| Amounts receivable within one year | 40/41 | €147,331 | €59,873 | -€87,458 | -59.4% |
| Trade receivables | 40 | €72,605 | €9,903 | -€62,702 | -86.4% |
| Other amounts receivable | 41 | €74,725 | €49,970 | -€24,756 | -33.1% |
| Cash at bank and in hand | 54/58 | €2,054 | €49,085 | +€47,031 | +2289.7% |
| Deferred charges and accrued income | 490/1 | €0 | €2,029 | +€2,029 | |
| Total equity and liabilities | 10/49 | €736,906 | €750,756 | +€13,850 | +1.9% |
| Equity | 10/15 | €165,169 | €156,150 | -€9,019 | -5.5% |
| Contributions | 10/11 | €20,000 | €101,000 | +€81,000 | +405.0% |
| Profit (loss) carried forward | 14 | €7,655 | -€74,733 | -€82,388 | |
| Investment grants | 15 | €137,514 | €129,883 | -€7,631 | -5.5% |
| Amounts payable | 17/49 | €571,737 | €594,606 | +€22,869 | +4.0% |
| Amounts payable after more than one year | 17 | €448,771 | €402,329 | -€46,442 | -10.3% |
| Financial debts | 170/4 | €448,771 | €402,329 | -€46,442 | -10.3% |
| Amounts payable within one year | 42/48 | €122,965 | €192,277 | +€69,311 | +56.4% |
| Current portion of amounts payable after more than one year | 42 | €54,475 | €70,372 | +€15,897 | +29.2% |
| Trade debts | 44 | €66,828 | €120,242 | +€53,414 | +79.9% |
| Suppliers | 440/4 | €66,828 | €120,242 | +€53,414 | +79.9% |
| Taxes, remuneration and social security | 45 | €499 | €499 | = | 0.0% |
| Taxes | 450/3 | €499 | €499 | = | 0.0% |
| Other amounts payable | 47/48 | €1,164 | €1,164 | = | 0.0% |
| Turnover | 70 | - | €62,965 | +€62,965 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €37,497 | +€37,497 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,548 | €27,194 | +€4,647 | +20.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €86,029 | +€86,029 | |
| Other operating charges | 640/8 | €531 | €387 | -€144 | -27.0% |
| Gross operating margin | 9900 | €22,217 | €25,468 | +€3,251 | +14.6% |
| Operating profit (loss) | 9901 | -€862 | -€88,143 | -€87,281 | -10130.3% |
| Financial income | 75/76B | €7,631 | €7,631 | = | 0.0% |
| Recurring financial income | 75 | €7,631 | €7,631 | = | 0.0% |
| Financial charges | 65/66B | €2,365 | €1,876 | -€489 | -20.7% |
| Recurring financial charges | 65 | €2,365 | €1,876 | -€489 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €4,404 | -€82,388 | -€86,792 | |
| Profit (loss) for the period | 9904 | €4,404 | -€82,388 | -€86,792 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,404 | -€82,388 | -€86,792 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.