GreenGrey: 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.
GreenGrey
Largest movements
- Cash +€13,690
up €13,690 (+92.0%), from €14,886 to €28,576
mainly Net result for the year (+€9,023) and Depreciation (+€7,041)
- Tangible fixed assets -€4,904
down €4,904 (-15.9%), from €30,846 to €25,943
of which Furniture and vehicles: -€3,410
- Receivables within one year +€1,843
up €1,843 (+37.2%), from €4,949 to €6,792
of which Trade receivables: +€1,733
- Profit (loss) carried forward +€9,023
up €9,023 (+58.1%), from €15,523 to €24,546
- Trade debts +€1,337
up €1,337 (+293%), from €456 to €1,793
- Gross operating margin -€7,400
down €7,400 (-28.2%), from €26,227 to €18,827
- Taxes -€1,496
down €1,496 (-37.2%), from €4,026 to €2,530
- Depreciation +€779
up €779 (+12.4%), from €6,262 to €7,041
- Financial income +€296
up €296 (+1,273%), from €23 to €319
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 | €51,668 | €62,312 | +€10,644 | +20.6% |
| Formation expenses | 20 | €49 | €0 | -€49 | -100% |
| Fixed assets | 21/28 | €30,946 | €26,043 | -€4,904 | -15.8% |
| Tangible fixed assets | 22/27 | €30,846 | €25,943 | -€4,904 | -15.9% |
| Land and buildings | 22 | €9,616 | €8,648 | -€968 | -10.1% |
| Plant, machinery and equipment | 23 | €3,086 | €2,561 | -€525 | -17.0% |
| Furniture and vehicles | 24 | €18,145 | €14,734 | -€3,410 | -18.8% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €20,673 | €36,269 | +€15,596 | +75.4% |
| Amounts receivable within one year | 40/41 | €4,949 | €6,792 | +€1,843 | +37.2% |
| Trade receivables | 40 | €4,949 | €6,682 | +€1,733 | +35.0% |
| Other amounts receivable | 41 | - | €110 | +€110 | |
| Cash at bank and in hand | 54/58 | €14,886 | €28,576 | +€13,690 | +92.0% |
| Deferred charges and accrued income | 490/1 | €838 | €901 | +€63 | +7.5% |
| Total equity and liabilities | 10/49 | €51,668 | €62,312 | +€10,644 | +20.6% |
| Equity | 10/15 | €18,023 | €27,046 | +€9,023 | +50.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,523 | €24,546 | +€9,023 | +58.1% |
| Amounts payable | 17/49 | €33,645 | €35,265 | +€1,621 | +4.8% |
| Amounts payable within one year | 42/48 | €33,645 | €35,265 | +€1,621 | +4.8% |
| Trade debts | 44 | €456 | €1,793 | +€1,337 | +293% |
| Suppliers | 440/4 | €456 | €1,793 | +€1,337 | +293% |
| Taxes, remuneration and social security | 45 | €4,804 | €5,017 | +€213 | +4.4% |
| Taxes | 450/3 | €4,804 | €5,017 | +€213 | +4.4% |
| Other amounts payable | 47/48 | €28,385 | €28,456 | +€71 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,262 | €7,041 | +€779 | +12.4% |
| Other operating charges | 640/8 | €368 | €426 | +€58 | +15.7% |
| Gross operating margin | 9900 | €26,227 | €18,827 | -€7,400 | -28.2% |
| Operating profit (loss) | 9901 | €19,597 | €11,360 | -€8,237 | -42.0% |
| Financial income | 75/76B | €23 | €319 | +€296 | +1,273% |
| Recurring financial income | 75 | €23 | €319 | +€296 | +1,273% |
| Financial charges | 65/66B | €72 | €127 | +€55 | +76.0% |
| Recurring financial charges | 65 | €72 | €127 | +€55 | +76.0% |
| Profit (loss) for the period before taxes | 9903 | €19,549 | €11,553 | -€7,995 | -40.9% |
| Income taxes | 67/77 | €4,026 | €2,530 | -€1,496 | -37.2% |
| Profit (loss) for the period | 9904 | €15,523 | €9,023 | -€6,500 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,523 | €9,023 | -€6,500 | -41.9% |
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 14 October 2026 via checked.be.