GreenGround: what changed
Two fiscal 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.
GreenGround
Largest movements
- Receivables within one year -€34,410
down €34,410 (-21.6%), from €159,237 to €124,827
of which Trade receivables: -€28,383
- Tangible fixed assets -€32,403
down €32,403 (-34.3%), from €94,513 to €62,110
of which Furniture and vehicles: -€20,867
- Cash -€4,019
down €4,019 (-13.8%), from €29,085 to €25,066
mainly Contributions, distributions and other (-€113,435) and Trade debts (-€16,918)
- Reserves -€119,635
down €119,635 (-45.4%), from €263,485 to €143,850
of which Distributable reserves: -€119,635
- Other debts +€90,279
up €90,279 (+975.8%), from €9,251 to €99,531
- Trade debts -€16,918
down €16,918 (-67.6%), from €25,014 to €8,096
- Profit (loss) carried forward -€16,010
down €16,010 (-37.2%), from -€43,019 to -€59,029
- Tax, wage and social debts -€14,748
down €14,748 (-93.3%), from €15,804 to €1,056
of which Remuneration and social security: -€8,035
- Staff costs -€41,393
down €41,393 (-73.6%), from €56,213 to €14,820
- Gross operating margin -€41,227
down €41,227 (-58.8%), from €70,153 to €28,926
- Taxes -€10,392
down €10,392, from €5,376 to -€5,016
- Other operating charges -€2,339
down €2,339 (-62.1%), from €3,766 to €1,427
- Financial income -€1,216
down €1,216 (-84.1%), from €1,446 to €230
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.
Cash bridge derived
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 | €282,935 | €212,104 | -€70,832 | -25.0% |
| Fixed assets | 21/28 | €94,613 | €62,210 | -€32,403 | -34.2% |
| Tangible fixed assets | 22/27 | €94,513 | €62,110 | -€32,403 | -34.3% |
| Plant, machinery and equipment | 23 | €34,158 | €24,073 | -€10,085 | -29.5% |
| Furniture and vehicles | 24 | €54,430 | €33,563 | -€20,867 | -38.3% |
| Other tangible fixed assets | 26 | €5,925 | €4,474 | -€1,451 | -24.5% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €188,322 | €149,894 | -€38,429 | -20.4% |
| Amounts receivable within one year | 40/41 | €159,237 | €124,827 | -€34,410 | -21.6% |
| Trade receivables | 40 | €152,255 | €123,872 | -€28,383 | -18.6% |
| Other amounts receivable | 41 | €6,982 | €955 | -€6,027 | -86.3% |
| Cash at bank and in hand | 54/58 | €29,085 | €25,066 | -€4,019 | -13.8% |
| Total equity and liabilities | 10/49 | €282,935 | €212,104 | -€70,832 | -25.0% |
| Equity | 10/15 | €232,867 | €103,421 | -€129,445 | -55.6% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €263,485 | €143,850 | -€119,635 | -45.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,286 | €56,286 | = | 0.0% |
| Distributable reserves | 133 | €205,339 | €85,704 | -€119,635 | -58.3% |
| Profit (loss) carried forward | 14 | -€43,019 | -€59,029 | -€16,010 | -37.2% |
| Amounts payable | 17/49 | €50,069 | €108,682 | +€58,614 | +117.1% |
| Amounts payable within one year | 42/48 | €50,069 | €108,682 | +€58,614 | +117.1% |
| Trade debts | 44 | €25,014 | €8,096 | -€16,918 | -67.6% |
| Suppliers | 440/4 | €25,014 | €8,096 | -€16,918 | -67.6% |
| Taxes, remuneration and social security | 45 | €15,804 | €1,056 | -€14,748 | -93.3% |
| Taxes | 450/3 | €6,713 | - | -€6,713 | |
| Remuneration and social security | 454/9 | €9,090 | €1,056 | -€8,035 | -88.4% |
| Other amounts payable | 47/48 | €9,251 | €99,531 | +€90,279 | +975.8% |
| Non-recurring operating income | 76A | - | €24,448 | +€24,448 | |
| Remuneration, social security and pensions | 62 | €56,213 | €14,820 | -€41,393 | -73.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,726 | €33,696 | -€30 | -0.1% |
| Other operating charges | 640/8 | €3,766 | €1,427 | -€2,339 | -62.1% |
| Non-recurring operating charges | 66A | €239 | - | -€239 | |
| Gross operating margin | 9900 | €70,153 | €28,926 | -€41,227 | -58.8% |
| Operating profit (loss) | 9901 | -€23,792 | -€21,017 | +€2,774 | +11.7% |
| Financial income | 75/76B | €1,446 | €230 | -€1,216 | -84.1% |
| Recurring financial income | 75 | €1,446 | €230 | -€1,216 | -84.1% |
| Financial charges | 65/66B | €192 | €240 | +€48 | +24.8% |
| Recurring financial charges | 65 | €192 | €240 | +€48 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | -€22,538 | -€21,027 | +€1,511 | +6.7% |
| Income taxes | 67/77 | €5,376 | -€5,016 | -€10,392 | |
| Profit (loss) for the period | 9904 | -€27,914 | -€16,010 | +€11,903 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,914 | -€16,010 | +€11,903 | +42.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.