GREENFEVER: what changed
What changed
GREENFEVER
NACE 70.100, Activities of head offices
filed annual accounts (NBB)
Net result for the year
€548,544
2024 · €436,045+€112,499
Equity
-€2.7m
2024 · -€3.2m+€548,544
Cash
€34,470
2024 · €2,851+€31,618
Balance sheet total
€1.3m
2024 · €1.1m+€120,311
Largest movements
Assets
- Receivables within one year +€97,963
up €97,963 (+60.8%), from €161,001 to €258,965
of which Other amounts receivable: +€232,248
- Cash +€31,618
up €31,618 (+1,109%), from €2,851 to €34,470
mainly Net result for the year (+€548,544) and Depreciation (+€13,639)
- Tangible fixed assets -€13,639
down €13,639 (-20.8%), from €65,626 to €51,987
of which Land and buildings: -€12,833
Equity and liabilities
- Profit (loss) carried forward +€548,544
up €548,544 (+14.4%), from -€3.8m to -€3.3m
- Other debts -€410,273
down €410,273 (-11.3%), from €3.6m to €3.2m
- Debts after one year -€18,955
down €18,955 (-18.6%), from €101,951 to €82,996
Income statement
- Provisions +€4.1m
up €4.1m, from -€4.1m to €0
- Write-downs -€2.8m
down €2.8m (-267%), from -€1.0m to -€3.8m
- Gross operating margin -€2.2m
down €2.2m (-238%), from -€927,112 to -€3.1m
- Financial charges +€54,796
up €54,796 (+268%), from €20,437 to €75,233
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.
Result 2024
€436,045
Gross operating margin
-€2.2m
Depreciation
+€999
Write-downs
+€2.8m
Provisions
-€4.1m
Other operating charges
+€2,932
Other operating items
+€3.7m
Financial income
-€1,388
Financial charges
-€54,796
Taxes
+€345
Result 2025
€548,544
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€51,321
Investment
€0
Financing
-€19,702
Cash 2024
€2,851
From operations (derived)
+€51,321
Net result for the year
+€548,544
Depreciation
+€13,639
Receivables within one year
-€97,963
Deferred charges and accrued income
-€4,369
Trade debts
+€3,584
Tax, wage and social debts
-€1,692
Other debts
-€410,273
Accrued charges and deferred income
-€150
Financing
-€19,702
Debts after one year
-€18,955
Current portion of long-term debt
-€748
Cash 2025
€34,470
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,135,205 | €1,255,516 | +€120,311 | +10.6% |
| Fixed assets | 21/28 | €855,310 | €841,671 | -€13,639 | -1.6% |
| Tangible fixed assets | 22/27 | €65,626 | €51,987 | -€13,639 | -20.8% |
| Land and buildings | 22 | €64,274 | €51,441 | -€12,833 | -20.0% |
| Plant, machinery and equipment | 23 | €752 | €546 | -€206 | -27.4% |
| Furniture and vehicles | 24 | €600 | €0 | -€600 | -100% |
| Financial fixed assets | 28 | €789,684 | €789,684 | = | 0.0% |
| Current assets | 29/58 | €279,895 | €413,845 | +€133,950 | +47.9% |
| Amounts receivable after more than one year | 29 | €90,000 | €90,000 | = | 0.0% |
| Other amounts receivable | 291 | €90,000 | €90,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €161,001 | €258,965 | +€97,963 | +60.8% |
| Trade receivables | 40 | €161,001 | €26,717 | -€134,284 | -83.4% |
| Other amounts receivable | 41 | - | €232,248 | +€232,248 | |
| Cash at bank and in hand | 54/58 | €2,851 | €34,470 | +€31,618 | +1,109% |
| Deferred charges and accrued income | 490/1 | €26,042 | €30,411 | +€4,369 | +16.8% |
| Total equity and liabilities | 10/49 | €1,135,205 | €1,255,516 | +€120,311 | +10.6% |
| Equity | 10/15 | -€3,234,611 | -€2,686,067 | +€548,544 | +17.0% |
| Contributions | 10/11 | €268,600 | €268,600 | = | 0.0% |
| Revaluation surpluses | 12 | €139,944 | €139,944 | = | 0.0% |
| Reserves | 13 | €171,961 | €171,961 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,860 | €26,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €26,860 | €26,860 | = | 0.0% |
| Distributable reserves | 133 | €145,101 | €145,101 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,815,115 | -€3,266,571 | +€548,544 | +14.4% |
| Provisions and deferred taxes | 16 | €625,681 | €625,681 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €625,681 | €625,681 | = | 0.0% |
| Other liabilities and charges | 164/5 | €625,681 | €625,681 | = | 0.0% |
| Amounts payable | 17/49 | €3,744,135 | €3,315,902 | -€428,233 | -11.4% |
| Amounts payable after more than one year | 17 | €101,951 | €82,996 | -€18,955 | -18.6% |
| Financial debts | 170/4 | €101,951 | €82,996 | -€18,955 | -18.6% |
| Amounts payable within one year | 42/48 | €3,642,034 | €3,232,906 | -€409,128 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €19,702 | €18,955 | -€748 | -3.8% |
| Trade debts | 44 | €2,836 | €6,420 | +€3,584 | +126% |
| Suppliers | 440/4 | €2,836 | €6,420 | +€3,584 | +126% |
| Taxes, remuneration and social security | 45 | €4,043 | €2,351 | -€1,692 | -41.8% |
| Taxes | 450/3 | €4,043 | €2,351 | -€1,692 | -41.8% |
| Other amounts payable | 47/48 | €3,615,452 | €3,205,179 | -€410,273 | -11.3% |
| Accrued charges and deferred income | 492/3 | €150 | €0 | -€150 | -100% |
| Non-recurring operating income | 76A | - | €625,642 | +€625,642 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,638 | €13,639 | -€999 | -6.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,044,720 | -€3,836,945 | -€2.8m | -267% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€4,122,604 | €0 | +€4.1m | |
| Other operating charges | 640/8 | €6,940 | €4,008 | -€2,932 | -42.3% |
| Non-recurring operating charges | 66A | €3,767,464 | €69,481 | -€3.7m | -98.2% |
| Gross operating margin | 9900 | -€927,112 | -€3,130,307 | -€2.2m | -238% |
| Operating profit (loss) | 9901 | €451,171 | €619,510 | +€168,339 | +37.3% |
| Financial income | 75/76B | €5,655 | €4,267 | -€1,388 | -24.5% |
| Recurring financial income | 75 | €5,655 | €4,267 | -€1,388 | -24.5% |
| Financial charges | 65/66B | €20,437 | €75,233 | +€54,796 | +268% |
| Recurring financial charges | 65 | €20,437 | €75,233 | +€54,796 | +268% |
| Profit (loss) for the period before taxes | 9903 | €436,389 | €548,544 | +€112,155 | +25.7% |
| Income taxes | 67/77 | €345 | €0 | -€345 | -100% |
| Profit (loss) for the period | 9904 | €436,045 | €548,544 | +€112,499 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €436,045 | €548,544 | +€112,499 | +25.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.