GREENLIFE: 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.
GREENLIFE
Largest movements
- Tangible fixed assets +€254,049
up €254,049 (+47.9%), from €530,686 to €784,736
of which Assets under construction and advance payments: +€227,608
- Cash -€73,881
down €73,881 (-54.0%), from €136,809 to €62,928
mainly Investment in fixed assets (net) (-€286,580) and Trade debts (-€92,559)
- Other debts +€241,698
up €241,698 (+45.9%), from €526,790 to €768,488
- Trade debts -€92,559
down €92,559 (-67.4%), from €137,338 to €44,779
- Profit (loss) carried forward +€35,742
up €35,742 (+94.6%), from €37,766 to €73,508
- Debts after one year -€9,780
down €9,780 (-25.0%), from €39,120 to €29,340
- Gross operating margin -€42,360
down €42,360 (-18.0%), from €235,674 to €193,314
- Depreciation +€14,586
up €14,586 (+81.3%), from €17,944 to €32,530
- Staff costs +€4,507
up €4,507 (+4.8%), from €94,812 to €99,319
- Financial charges +€3,126
up €3,126 (+30.9%), from €10,128 to €13,254
- Taxes +€2,728
up €2,728 (+30.4%), from €8,975 to €11,703
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 | €773,967 | €951,918 | +€177,951 | +23.0% |
| Fixed assets | 21/28 | €530,686 | €784,736 | +€254,049 | +47.9% |
| Tangible fixed assets | 22/27 | €530,686 | €784,736 | +€254,049 | +47.9% |
| Land and buildings | 22 | - | €47,783 | +€47,783 | |
| Plant, machinery and equipment | 23 | €58,326 | €46,764 | -€11,562 | -19.8% |
| Furniture and vehicles | 24 | €48,472 | €38,692 | -€9,780 | -20.2% |
| Assets under construction and advance payments | 27 | €423,888 | €651,496 | +€227,608 | +53.7% |
| Current assets | 29/58 | €243,280 | €167,182 | -€76,099 | -31.3% |
| Amounts receivable within one year | 40/41 | €106,472 | €104,254 | -€2,218 | -2.1% |
| Trade receivables | 40 | €81,871 | €97,600 | +€15,729 | +19.2% |
| Other amounts receivable | 41 | €24,601 | €6,654 | -€17,946 | -73.0% |
| Cash at bank and in hand | 54/58 | €136,809 | €62,928 | -€73,881 | -54.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €773,967 | €951,918 | +€177,951 | +23.0% |
| Equity | 10/15 | €42,766 | €78,508 | +€35,742 | +83.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,766 | €73,508 | +€35,742 | +94.6% |
| Amounts payable | 17/49 | €731,200 | €873,409 | +€142,209 | +19.4% |
| Amounts payable after more than one year | 17 | €39,120 | €29,340 | -€9,780 | -25.0% |
| Financial debts | 170/4 | €39,120 | €29,340 | -€9,780 | -25.0% |
| Amounts payable within one year | 42/48 | €692,080 | €842,989 | +€150,909 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €9,780 | €9,780 | = | 0.0% |
| Trade debts | 44 | €137,338 | €44,779 | -€92,559 | -67.4% |
| Suppliers | 440/4 | €137,338 | €44,779 | -€92,559 | -67.4% |
| Taxes, remuneration and social security | 45 | €18,172 | €19,943 | +€1,770 | +9.7% |
| Taxes | 450/3 | €8,975 | €11,703 | +€2,728 | +30.4% |
| Remuneration and social security | 454/9 | €9,197 | €8,240 | -€957 | -10.4% |
| Other amounts payable | 47/48 | €526,790 | €768,488 | +€241,698 | +45.9% |
| Accrued charges and deferred income | 492/3 | - | €1,080 | +€1,080 | |
| Remuneration, social security and pensions | 62 | €94,812 | €99,319 | +€4,507 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,944 | €32,530 | +€14,586 | +81.3% |
| Other operating charges | 640/8 | €126 | €777 | +€651 | +517% |
| Gross operating margin | 9900 | €235,674 | €193,314 | -€42,360 | -18.0% |
| Operating profit (loss) | 9901 | €122,792 | €60,688 | -€62,104 | -50.6% |
| Financial income | 75/76B | €98 | €10 | -€87 | -89.5% |
| Recurring financial income | 75 | €98 | €10 | -€87 | -89.5% |
| Financial charges | 65/66B | €10,128 | €13,254 | +€3,126 | +30.9% |
| Recurring financial charges | 65 | €10,128 | €13,254 | +€3,126 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €112,761 | €47,444 | -€65,317 | -57.9% |
| Income taxes | 67/77 | €8,975 | €11,703 | +€2,728 | +30.4% |
| Profit (loss) for the period | 9904 | €103,787 | €35,742 | -€68,045 | -65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €103,787 | €35,742 | -€68,045 | -65.6% |
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 17 October 2026 via checked.be.