GREENGAMM: 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.
GREENGAMM
Largest movements
- Cash +€21,825
up €21,825 (+64.1%), from €34,022 to €55,847
mainly Net result for the year (+€86,280) and Provisions (+€35,600)
- Receivables within one year +€19,910
up €19,910 (+37.5%), from €53,120 to €73,030
of which Trade receivables: +€19,914
- Profit (loss) carried forward +€86,280
up €86,280 (+33.8%), from -€255,574 to -€169,294
- Contributions -€50,793
down €50,793 (-12.6%), from €404,170 to €353,377
of which Contributions outside capital: -€50,793
- Provisions +€35,600
new in 2025: €35,600
- Debts after one year -€12,563
down €12,563 (-4.2%), from €301,226 to €288,663
- Other debts -€9,263
down €9,263 (-47.6%), from €19,474 to €10,211
- Provisions +€35,600
new in 2025: €35,600
- Staff costs +€14,862
up €14,862 (+18.5%), from €80,393 to €95,255
- Gross operating margin +€4,620
up €4,620 (+1.6%), from €287,018 to €291,637
- Depreciation +€3,976
up €3,976 (+17.2%), from €23,112 to €27,088
- Taxes -€3,518
down €3,518 (-10.0%), from €35,050 to €31,532
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 | €543,746 | €588,709 | +€44,963 | +8.3% |
| Fixed assets | 21/28 | €451,757 | €455,830 | +€4,073 | +0.9% |
| Tangible fixed assets | 22/27 | €451,757 | €455,830 | +€4,073 | +0.9% |
| Land and buildings | 22 | €450,641 | €437,960 | -€12,681 | -2.8% |
| Plant, machinery and equipment | 23 | €1,115 | €589 | -€527 | -47.2% |
| Furniture and vehicles | 24 | - | €17,281 | +€17,281 | |
| Current assets | 29/58 | €91,989 | €132,879 | +€40,890 | +44.5% |
| Amounts receivable within one year | 40/41 | €53,120 | €73,030 | +€19,910 | +37.5% |
| Trade receivables | 40 | €53,116 | €73,030 | +€19,914 | +37.5% |
| Other amounts receivable | 41 | €4 | - | -€4 | |
| Cash at bank and in hand | 54/58 | €34,022 | €55,847 | +€21,825 | +64.1% |
| Deferred charges and accrued income | 490/1 | €4,847 | €4,002 | -€844 | -17.4% |
| Total equity and liabilities | 10/49 | €543,746 | €588,709 | +€44,963 | +8.3% |
| Equity | 10/15 | €148,596 | €184,084 | +€35,487 | +23.9% |
| Contributions | 10/11 | €404,170 | €353,377 | -€50,793 | -12.6% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €342,170 | €291,377 | -€50,793 | -14.8% |
| Share premium | 1100/10 | €342,170 | €291,377 | -€50,793 | -14.8% |
| Profit (loss) carried forward | 14 | -€255,574 | -€169,294 | +€86,280 | +33.8% |
| Provisions and deferred taxes | 16 | - | €35,600 | +€35,600 | |
| Provisions for liabilities and charges | 160/5 | - | €35,600 | +€35,600 | |
| Environmental obligations | 163 | - | €35,600 | +€35,600 | |
| Amounts payable | 17/49 | €395,149 | €369,025 | -€26,124 | -6.6% |
| Amounts payable after more than one year | 17 | €301,226 | €288,663 | -€12,563 | -4.2% |
| Financial debts | 170/4 | €301,226 | €288,663 | -€12,563 | -4.2% |
| Amounts payable within one year | 42/48 | €93,923 | €80,362 | -€13,561 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €12,064 | €12,563 | +€499 | +4.1% |
| Trade debts | 44 | €8,037 | €4,953 | -€3,085 | -38.4% |
| Suppliers | 440/4 | €8,037 | €4,953 | -€3,085 | -38.4% |
| Advances received on contracts in progress | 46 | €2,000 | - | -€2,000 | |
| Taxes, remuneration and social security | 45 | €52,348 | €52,635 | +€287 | +0.5% |
| Taxes | 450/3 | €42,614 | €39,687 | -€2,927 | -6.9% |
| Remuneration and social security | 454/9 | €9,734 | €12,948 | +€3,214 | +33.0% |
| Other amounts payable | 47/48 | €19,474 | €10,211 | -€9,263 | -47.6% |
| Remuneration, social security and pensions | 62 | €80,393 | €95,255 | +€14,862 | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,112 | €27,088 | +€3,976 | +17.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €35,600 | +€35,600 | |
| Other operating charges | 640/8 | €1,315 | €1,898 | +€583 | +44.4% |
| Gross operating margin | 9900 | €287,018 | €291,637 | +€4,620 | +1.6% |
| Operating profit (loss) | 9901 | €182,198 | €131,797 | -€50,401 | -27.7% |
| Financial income | 75/76B | €15 | €13 | -€2 | -11.0% |
| Recurring financial income | 75 | €15 | €13 | -€2 | -11.0% |
| Financial charges | 65/66B | €15,010 | €13,998 | -€1,013 | -6.7% |
| Recurring financial charges | 65 | €15,010 | €13,998 | -€1,013 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €167,203 | €117,812 | -€49,391 | -29.5% |
| Income taxes | 67/77 | €35,050 | €31,532 | -€3,518 | -10.0% |
| Profit (loss) for the period | 9904 | €132,153 | €86,280 | -€45,873 | -34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €132,153 | €86,280 | -€45,873 | -34.7% |
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 19 October 2026 via checked.be.