Greenfuture: 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.
Greenfuture
Largest movements
- Tangible fixed assets +€236,383
up €236,383 (+43.6%), from €541,598 to €777,981
of which Land and buildings: +€240,244
- Cash -€44,533
down €44,533 (-26.9%), from €165,778 to €121,245
mainly Contributions, distributions and other (-€350,000) and Investment in fixed assets (net) (-€266,137)
- Receivables within one year +€16,869
up €16,869 (+84.8%), from €19,892 to €36,761
of which Trade receivables: +€11,586
- Other debts +€262,787
up €262,787 (+2,030%), from €12,944 to €275,732
- Profit (loss) carried forward -€230,577
down €230,577 (-39.1%), from €590,329 to €359,752
- Debts after one year +€142,732
up €142,732 (+1,713%), from €8,333 to €151,065
of which Financial debts: +€141,667
- Reserves -€50,000
no longer reported in 2025 (was €50,000)
- Tax, wage and social debts +€33,059
up €33,059 (+115%), from €28,653 to €61,711
- Gross operating margin -€224,269
down €224,269 (-55.7%), from €402,708 to €178,439
- Taxes -€62,541
down €62,541 (-70.9%), from €88,230 to €25,689
- Financial charges +€12,639
up €12,639 (+926%), from €1,364 to €14,003
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 | €748,322 | €956,514 | +€208,193 | +27.8% |
| Fixed assets | 21/28 | €560,973 | €797,356 | +€236,383 | +42.1% |
| Tangible fixed assets | 22/27 | €541,598 | €777,981 | +€236,383 | +43.6% |
| Land and buildings | 22 | €526,455 | €766,699 | +€240,244 | +45.6% |
| Plant, machinery and equipment | 23 | €3,734 | - | -€3,734 | |
| Furniture and vehicles | 24 | €947 | €683 | -€264 | -27.9% |
| Other tangible fixed assets | 26 | €2,100 | €10,600 | +€8,500 | +405% |
| Assets under construction and advance payments | 27 | €8,363 | - | -€8,363 | |
| Financial fixed assets | 28 | €19,375 | €19,375 | = | 0.0% |
| Current assets | 29/58 | €187,349 | €159,158 | -€28,190 | -15.0% |
| Amounts receivable within one year | 40/41 | €19,892 | €36,761 | +€16,869 | +84.8% |
| Trade receivables | 40 | €11,717 | €23,303 | +€11,586 | +98.9% |
| Other amounts receivable | 41 | €8,175 | €13,458 | +€5,283 | +64.6% |
| Cash at bank and in hand | 54/58 | €165,778 | €121,245 | -€44,533 | -26.9% |
| Deferred charges and accrued income | 490/1 | €1,678 | €1,152 | -€527 | -31.4% |
| Total equity and liabilities | 10/49 | €748,322 | €956,514 | +€208,193 | +27.8% |
| Equity | 10/15 | €660,789 | €380,212 | -€280,577 | -42.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €50,000 | - | -€50,000 | |
| Distributable reserves | 133 | €50,000 | - | -€50,000 | |
| Profit (loss) carried forward | 14 | €590,329 | €359,752 | -€230,577 | -39.1% |
| Provisions and deferred taxes | 16 | - | €15,000 | +€15,000 | |
| Provisions for liabilities and charges | 160/5 | - | €15,000 | +€15,000 | |
| Major repairs and maintenance | 162 | - | €15,000 | +€15,000 | |
| Amounts payable | 17/49 | €87,533 | €561,303 | +€473,770 | +541% |
| Amounts payable after more than one year | 17 | €8,333 | €151,065 | +€142,732 | +1,713% |
| Financial debts | 170/4 | €8,333 | €150,000 | +€141,667 | +1,700% |
| Other amounts payable | 178/9 | - | €1,065 | +€1,065 | |
| Amounts payable within one year | 42/48 | €64,200 | €398,550 | +€334,350 | +521% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €48,333 | +€28,333 | +142% |
| Trade debts | 44 | €2,603 | €12,774 | +€10,171 | +391% |
| Suppliers | 440/4 | €2,603 | €12,774 | +€10,171 | +391% |
| Taxes, remuneration and social security | 45 | €28,653 | €61,711 | +€33,059 | +115% |
| Taxes | 450/3 | €28,653 | €61,711 | +€33,059 | +115% |
| Other amounts payable | 47/48 | €12,944 | €275,732 | +€262,787 | +2,030% |
| Accrued charges and deferred income | 492/3 | €15,000 | €11,688 | -€3,312 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,180 | €29,754 | +€2,574 | +9.5% |
| Other operating charges | 640/8 | €36,142 | €39,858 | +€3,717 | +10.3% |
| Gross operating margin | 9900 | €402,708 | €178,439 | -€224,269 | -55.7% |
| Operating profit (loss) | 9901 | €339,386 | €108,827 | -€230,560 | -67.9% |
| Financial income | 75/76B | €3,747 | €288 | -€3,459 | -92.3% |
| Recurring financial income | 75 | €3,747 | €288 | -€3,459 | -92.3% |
| Financial charges | 65/66B | €1,364 | €14,003 | +€12,639 | +926% |
| Recurring financial charges | 65 | €1,364 | €14,003 | +€12,639 | +926% |
| Profit (loss) for the period before taxes | 9903 | €341,769 | €95,112 | -€246,657 | -72.2% |
| Income taxes | 67/77 | €88,230 | €25,689 | -€62,541 | -70.9% |
| Profit (loss) for the period | 9904 | €253,539 | €69,423 | -€184,116 | -72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €253,539 | €69,423 | -€184,116 | -72.6% |
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 15 October 2026 via checked.be.