GREENGINEERING: 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.
GREENGINEERING
Largest movements
- Receivables after one year -€63,000
down €63,000 (-100%), from €63,000 to €0
- Cash +€45,839
up €45,839 (+518%), from €8,850 to €54,689
mainly Receivables after one year (+€63,000) and Trade debts (+€22,962)
- Tangible fixed assets -€8,751
down €8,751 (-18.4%), from €47,659 to €38,907
of which Land and buildings: -€7,390
- Financial fixed assets -€3,435
down €3,435 (-93.2%), from €3,685 to €250
- Receivables within one year -€3,381
down €3,381 (-10.4%), from €32,377 to €28,996
of which Trade receivables: -€7,995
- Profit (loss) carried forward -€42,948
down €42,948, from €2,056 to -€40,892
- Trade debts +€22,962
up €22,962 (+1,105%), from €2,078 to €25,040
- Reserves -€16,878
down €16,878 (-37.5%), from €44,953 to €28,074
- Other debts +€16,040
up €16,040 (+40.0%), from €40,050 to €56,090
- Debts after one year -€9,562
down €9,562 (-23.4%), from €40,839 to €31,277
- Gross operating margin +€16,423
up €16,423 (+38.0%), from -€43,196 to -€26,773
- Depreciation -€4,762
down €4,762 (-35.2%), from €13,513 to €8,751
- Other operating charges -€2,728
down €2,728 (-60.7%), from €4,497 to €1,769
- Financial income -€1,704
down €1,704 (-99.3%), from €1,716 to €12
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 | €155,671 | €123,046 | -€32,624 | -21.0% |
| Fixed assets | 21/28 | €51,344 | €39,157 | -€12,186 | -23.7% |
| Tangible fixed assets | 22/27 | €47,659 | €38,907 | -€8,751 | -18.4% |
| Land and buildings | 22 | €45,626 | €38,236 | -€7,390 | -16.2% |
| Furniture and vehicles | 24 | €2,032 | €671 | -€1,361 | -67.0% |
| Financial fixed assets | 28 | €3,685 | €250 | -€3,435 | -93.2% |
| Current assets | 29/58 | €104,327 | €83,889 | -€20,438 | -19.6% |
| Amounts receivable after more than one year | 29 | €63,000 | €0 | -€63,000 | -100% |
| Other amounts receivable | 291 | €63,000 | €0 | -€63,000 | -100% |
| Amounts receivable within one year | 40/41 | €32,377 | €28,996 | -€3,381 | -10.4% |
| Trade receivables | 40 | €24,935 | €16,940 | -€7,995 | -32.1% |
| Other amounts receivable | 41 | €7,442 | €12,056 | +€4,614 | +62.0% |
| Cash at bank and in hand | 54/58 | €8,850 | €54,689 | +€45,839 | +518% |
| Deferred charges and accrued income | 490/1 | €100 | €204 | +€104 | +104% |
| Total equity and liabilities | 10/49 | €155,671 | €123,046 | -€32,624 | -21.0% |
| Equity | 10/15 | €53,209 | -€6,617 | -€59,826 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,953 | €28,074 | -€16,878 | -37.5% |
| Distributable reserves | 133 | €44,953 | €28,074 | -€16,878 | -37.5% |
| Profit (loss) carried forward | 14 | €2,056 | -€40,892 | -€42,948 | |
| Amounts payable | 17/49 | €102,462 | €129,664 | +€27,202 | +26.5% |
| Amounts payable after more than one year | 17 | €40,839 | €31,277 | -€9,562 | -23.4% |
| Financial debts | 170/4 | €40,839 | €31,277 | -€9,562 | -23.4% |
| Amounts payable within one year | 42/48 | €61,622 | €98,387 | +€36,764 | +59.7% |
| Current portion of amounts payable after more than one year | 42 | €14,936 | €9,562 | -€5,373 | -36.0% |
| Financial debts | 43 | €667 | €667 | = | 0.0% |
| Credit institutions | 430/8 | €667 | €667 | = | 0.0% |
| Trade debts | 44 | €2,078 | €25,040 | +€22,962 | +1,105% |
| Suppliers | 440/4 | €2,078 | €25,040 | +€22,962 | +1,105% |
| Taxes, remuneration and social security | 45 | €3,892 | €7,027 | +€3,136 | +80.6% |
| Taxes | 450/3 | €3,892 | €7,027 | +€3,136 | +80.6% |
| Other amounts payable | 47/48 | €40,050 | €56,090 | +€16,040 | +40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,513 | €8,751 | -€4,762 | -35.2% |
| Other operating charges | 640/8 | €4,497 | €1,769 | -€2,728 | -60.7% |
| Gross operating margin | 9900 | -€43,196 | -€26,773 | +€16,423 | +38.0% |
| Operating profit (loss) | 9901 | -€61,206 | -€37,293 | +€23,913 | +39.1% |
| Financial income | 75/76B | €1,716 | €12 | -€1,704 | -99.3% |
| Recurring financial income | 75 | €1,716 | €12 | -€1,704 | -99.3% |
| Financial charges | 65/66B | €5,133 | €4,993 | -€140 | -2.7% |
| Recurring financial charges | 65 | €5,133 | €4,993 | -€140 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€64,623 | -€42,274 | +€22,349 | +34.6% |
| Income taxes | 67/77 | €673 | €674 | +€1 | +0.2% |
| Profit (loss) for the period | 9904 | -€65,296 | -€42,948 | +€22,348 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,296 | -€42,948 | +€22,348 | +34.2% |
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 29 October 2026 via checked.be.