GREENLAB: 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.
GREENLAB
Largest movements
- Cash -€19,764
down €19,764 (-17.3%), from €114,151 to €94,387
mainly Net result for the year (-€7,462) and Other debts (-€5,378)
- Tangible fixed assets -€9,163
down €9,163 (-44.6%), from €20,542 to €11,379
of which Furniture and vehicles: -€8,352
- Stocks and contracts +€5,214
up €5,214 (+26.2%), from €19,917 to €25,132
- Receivables within one year +€1,654
up €1,654 (+35.4%), from €4,675 to €6,329
of which Other amounts receivable: +€846
- Deferred charges and accrued income +€1,641
up €1,641 (+971.4%), from €169 to €1,810
- Profit (loss) carried forward -€7,462
down €7,462 (-6.4%), from -€116,939 to -€124,401
- Other debts -€5,378
down €5,378 (-20.9%), from €25,738 to €20,360
- Trade debts -€4,140
down €4,140 (-22.6%), from €18,316 to €14,177
- Accrued charges and deferred income -€3,105
down €3,105 (-96.6%), from €3,216 to €111
- Gross operating margin +€19,081
up €19,081, from -€16,614 to €2,466
- Depreciation -€2,069
down €2,069 (-18.4%), from €11,232 to €9,163
- Financial income +€838
up €838 (+391.2%), from €214 to €1,052
- Other operating charges +€607
up €607 (+81.2%), from €747 to €1,354
- Taxes -€332
down €332 (-60.4%), from €549 to €218
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 | €159,454 | €139,036 | -€20,418 | -12.8% |
| Fixed assets | 21/28 | €20,542 | €11,379 | -€9,163 | -44.6% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €20,542 | €11,379 | -€9,163 | -44.6% |
| Furniture and vehicles | 24 | €17,051 | €8,700 | -€8,352 | -49.0% |
| Other tangible fixed assets | 26 | €3,491 | €2,680 | -€811 | -23.2% |
| Current assets | 29/58 | €138,912 | €127,657 | -€11,255 | -8.1% |
| Stocks and contracts in progress | 3 | €19,917 | €25,132 | +€5,214 | +26.2% |
| Stocks | 30/36 | €19,917 | €25,132 | +€5,214 | +26.2% |
| Amounts receivable within one year | 40/41 | €4,675 | €6,329 | +€1,654 | +35.4% |
| Trade receivables | 40 | €4,675 | €5,482 | +€808 | +17.3% |
| Other amounts receivable | 41 | - | €846 | +€846 | |
| Cash at bank and in hand | 54/58 | €114,151 | €94,387 | -€19,764 | -17.3% |
| Deferred charges and accrued income | 490/1 | €169 | €1,810 | +€1,641 | +971.4% |
| Total equity and liabilities | 10/49 | €159,454 | €139,036 | -€20,418 | -12.8% |
| Equity | 10/15 | €110,571 | €103,109 | -€7,462 | -6.7% |
| Contributions | 10/11 | €204,100 | €204,100 | = | 0.0% |
| Reserves | 13 | €23,410 | €23,410 | = | 0.0% |
| Distributable reserves | 133 | €23,410 | €23,410 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,939 | -€124,401 | -€7,462 | -6.4% |
| Amounts payable | 17/49 | €48,883 | €35,927 | -€12,956 | -26.5% |
| Amounts payable within one year | 42/48 | €45,667 | €35,816 | -€9,851 | -21.6% |
| Financial debts | 43 | - | €68 | +€68 | |
| Other loans | 439 | - | €68 | +€68 | |
| Trade debts | 44 | €18,316 | €14,177 | -€4,140 | -22.6% |
| Suppliers | 440/4 | €18,316 | €14,177 | -€4,140 | -22.6% |
| Taxes, remuneration and social security | 45 | €1,613 | €1,212 | -€400 | -24.8% |
| Taxes | 450/3 | €1,613 | €1,212 | -€400 | -24.8% |
| Other amounts payable | 47/48 | €25,738 | €20,360 | -€5,378 | -20.9% |
| Accrued charges and deferred income | 492/3 | €3,216 | €111 | -€3,105 | -96.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,232 | €9,163 | -€2,069 | -18.4% |
| Other operating charges | 640/8 | €747 | €1,354 | +€607 | +81.2% |
| Gross operating margin | 9900 | -€16,614 | €2,466 | +€19,081 | |
| Operating profit (loss) | 9901 | -€28,593 | -€8,050 | +€20,543 | +71.8% |
| Financial income | 75/76B | €214 | €1,052 | +€838 | +391.2% |
| Recurring financial income | 75 | €214 | €1,052 | +€838 | +391.2% |
| Financial charges | 65/66B | €373 | €246 | -€126 | -33.9% |
| Recurring financial charges | 65 | €373 | €246 | -€126 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | -€28,751 | -€7,244 | +€21,507 | +74.8% |
| Income taxes | 67/77 | €549 | €218 | -€332 | -60.4% |
| Profit (loss) for the period | 9904 | -€29,301 | -€7,462 | +€21,839 | +74.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,301 | -€7,462 | +€21,839 | +74.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.