GREENHILL: 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.
GREENHILL
Largest movements
- Cash -€24,310
down €24,310 (-24.0%), from €101,221 to €76,911
mainly Net result for the year (-€64,908) and Trade debts (-€18,417)
- Profit (loss) carried forward -€64,908
down €64,908 (-13.3%), from -€488,209 to -€553,117
- Other debts +€56,117
up €56,117 (+30.4%), from €184,737 to €240,854
- Trade debts -€18,417
down €18,417 (-74.7%), from €24,665 to €6,248
- Purchases and services +€8,243
new in 2025: €8,243
- Financial charges +€6,830
up €6,830 (+13.7%), from €49,835 to €56,665
- Gross operating margin -€723
down €723 (-9.6%), from -€7,520 to -€8,243
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 | €558,106 | €530,898 | -€27,208 | -4.9% |
| Fixed assets | 21/28 | €341,487 | €343,887 | +€2,400 | +0.7% |
| Tangible fixed assets | 22/27 | €341,378 | €343,778 | +€2,400 | +0.7% |
| Land and buildings | 22 | €47,496 | €47,497 | +€1 | 0.0% |
| Assets under construction and advance payments | 27 | €293,881 | €296,281 | +€2,400 | +0.8% |
| Financial fixed assets | 28 | €109 | €109 | = | 0.0% |
| Current assets | 29/58 | €216,619 | €187,011 | -€29,608 | -13.7% |
| Amounts receivable within one year | 40/41 | €115,171 | €110,100 | -€5,071 | -4.4% |
| Trade receivables | 40 | €110,000 | €110,000 | = | 0.0% |
| Other amounts receivable | 41 | €5,171 | €100 | -€5,071 | -98.1% |
| Cash at bank and in hand | 54/58 | €101,221 | €76,911 | -€24,310 | -24.0% |
| Deferred charges and accrued income | 490/1 | €227 | - | -€227 | |
| Total equity and liabilities | 10/49 | €558,106 | €530,898 | -€27,208 | -4.9% |
| Equity | 10/15 | -€350,923 | - | +€350,923 | |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Revaluation surpluses | 12 | €47,496 | €47,497 | +€1 | 0.0% |
| Reserves | 13 | €24,789 | €24,789 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | -€0 | 0.0% |
| Legal reserve | 130 | €24,789 | €24,789 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€488,209 | -€553,117 | -€64,908 | -13.3% |
| Amounts payable | 17/49 | €909,029 | €946,729 | +€37,700 | +4.1% |
| Amounts payable after more than one year | 17 | €699,611 | €699,612 | +€1 | 0.0% |
| Other amounts payable | 178/9 | €699,611 | €699,612 | +€1 | 0.0% |
| Amounts payable within one year | 42/48 | €209,402 | €247,102 | +€37,700 | +18.0% |
| Trade debts | 44 | €24,665 | €6,248 | -€18,417 | -74.7% |
| Suppliers | 440/4 | €24,665 | €6,248 | -€18,417 | -74.7% |
| Other amounts payable | 47/48 | €184,737 | €240,854 | +€56,117 | +30.4% |
| Accrued charges and deferred income | 492/3 | €15 | €15 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €8,243 | +€8,243 | |
| Other operating charges | 640/8 | €1 | - | -€1 | |
| Gross operating margin | 9900 | -€7,520 | -€8,243 | -€723 | -9.6% |
| Operating profit (loss) | 9901 | -€7,522 | -€8,243 | -€721 | -9.6% |
| Financial charges | 65/66B | €49,835 | €56,665 | +€6,830 | +13.7% |
| Recurring financial charges | 65 | €49,835 | €56,665 | +€6,830 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | -€57,357 | -€64,908 | -€7,551 | -13.2% |
| Profit (loss) for the period | 9904 | -€57,357 | -€64,908 | -€7,551 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,357 | -€64,908 | -€7,551 | -13.2% |
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 7 October 2026 via checked.be.