Greenie: 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.
Greenie
Largest movements
- Tangible fixed assets +€322,240
up €322,240 (+150%), from €214,212 to €536,452
of which Land and buildings: +€317,064
- Receivables within one year +€18,991
up €18,991 (+132,804%), from €14 to €19,005
of which Trade receivables: +€17,927
- Debts after one year +€256,096
up €256,096 (+243%), from €105,376 to €361,472
of which Financial debts: +€252,855
- Reserves +€55,000
up €55,000 (+42.1%), from €130,500 to €185,500
- Tax, wage and social debts +€15,296
up €15,296 (+189%), from €8,100 to €23,397
of which Taxes: +€14,036
- Current portion of long-term debt +€15,154
up €15,154 (+91.6%), from €16,552 to €31,706
- Gross operating margin +€42,336
up €42,336 (+24.6%), from €171,897 to €214,233
- Other operating charges +€15,915
up €15,915 (+69.9%), from €22,784 to €38,699
- Taxes +€7,536
up €7,536 (+60.5%), from €12,460 to €19,996
- Depreciation +€4,592
up €4,592 (+23.4%), from €19,601 to €24,193
- Staff costs +€3,852
up €3,852 (+5.8%), from €66,272 to €70,124
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 | €304,886 | €646,764 | +€341,878 | +112% |
| Fixed assets | 21/28 | €214,212 | €536,452 | +€322,240 | +150% |
| Tangible fixed assets | 22/27 | €214,212 | €536,452 | +€322,240 | +150% |
| Land and buildings | 22 | €192,690 | €509,754 | +€317,064 | +165% |
| Plant, machinery and equipment | 23 | €9,396 | €7,617 | -€1,779 | -18.9% |
| Furniture and vehicles | 24 | €12,126 | €19,081 | +€6,955 | +57.4% |
| Current assets | 29/58 | €90,675 | €110,312 | +€19,638 | +21.7% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14 | €19,005 | +€18,991 | +132,804% |
| Trade receivables | 40 | €12 | €17,939 | +€17,927 | +152,438% |
| Other amounts receivable | 41 | €3 | €1,067 | +€1,064 | +41,901% |
| Cash at bank and in hand | 54/58 | €87,256 | €88,120 | +€864 | +1.0% |
| Deferred charges and accrued income | 490/1 | €404 | €187 | -€217 | -53.7% |
| Total equity and liabilities | 10/49 | €304,886 | €646,764 | +€341,878 | +112% |
| Equity | 10/15 | €140,786 | €196,094 | +€55,308 | +39.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €130,500 | €185,500 | +€55,000 | +42.1% |
| Distributable reserves | 133 | €130,500 | €185,500 | +€55,000 | +42.1% |
| Profit (loss) carried forward | 14 | €286 | €594 | +€308 | +108% |
| Amounts payable | 17/49 | €164,100 | €450,671 | +€286,571 | +175% |
| Amounts payable after more than one year | 17 | €105,376 | €361,472 | +€256,096 | +243% |
| Financial debts | 170/4 | €105,376 | €358,231 | +€252,855 | +240% |
| Other amounts payable | 178/9 | - | €3,241 | +€3,241 | |
| Amounts payable within one year | 42/48 | €58,724 | €89,199 | +€30,475 | +51.9% |
| Current portion of amounts payable after more than one year | 42 | €16,552 | €31,706 | +€15,154 | +91.6% |
| Trade debts | 44 | €11,990 | €13,677 | +€1,687 | +14.1% |
| Suppliers | 440/4 | €11,990 | €13,677 | +€1,687 | +14.1% |
| Taxes, remuneration and social security | 45 | €8,100 | €23,397 | +€15,296 | +189% |
| Taxes | 450/3 | €1,946 | €15,982 | +€14,036 | +721% |
| Remuneration and social security | 454/9 | €6,154 | €7,414 | +€1,261 | +20.5% |
| Other amounts payable | 47/48 | €22,081 | €20,419 | -€1,662 | -7.5% |
| Non-recurring operating income | 76A | - | €3,312 | +€3,312 | |
| Remuneration, social security and pensions | 62 | €66,272 | €70,124 | +€3,852 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,601 | €24,193 | +€4,592 | +23.4% |
| Other operating charges | 640/8 | €22,784 | €38,699 | +€15,915 | +69.9% |
| Gross operating margin | 9900 | €171,897 | €214,233 | +€42,336 | +24.6% |
| Operating profit (loss) | 9901 | €63,241 | €81,217 | +€17,977 | +28.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -94.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -94.0% |
| Financial charges | 65/66B | €4,412 | €5,914 | +€1,502 | +34.0% |
| Recurring financial charges | 65 | €4,412 | €5,914 | +€1,502 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | €58,830 | €75,304 | +€16,474 | +28.0% |
| Income taxes | 67/77 | €12,460 | €19,996 | +€7,536 | +60.5% |
| Profit (loss) for the period | 9904 | €46,370 | €55,308 | +€8,938 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,370 | €55,308 | +€8,938 | +19.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.