GREENLOGICYCLE: 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.
GREENLOGICYCLE
Largest movements
- Receivables within one year +€169,058
up €169,058 (+296.0%), from €57,115 to €226,173
of which Trade receivables: +€108,179
- Cash +€105,897
up €105,897 (+1603.6%), from €6,604 to €112,501
mainly Trade debts (+€158,800) and Net result for the year (+€102,705)
- Tangible fixed assets +€18,906
up €18,906 (+289.7%), from €6,527 to €25,433
- Trade debts +€158,800
up €158,800 (+714.9%), from €22,212 to €181,011
- Profit (loss) carried forward +€102,705
up €102,705 (+498.9%), from €20,588 to €123,293
- Tax, wage and social debts +€26,134
up €26,134 (+463.6%), from €5,637 to €31,771
- Advances received -€7,567
no longer reported in 2025 (was €7,567)
- Debts after one year +€7,341
new in 2025: €7,341
- Turnover +€928,007
up €928,007 (+718.0%), from €129,246 to €1.1m
- Purchases and services +€810,348
up €810,348 (+797.4%), from €101,629 to €911,977
- Gross operating margin +€117,290
up €117,290 (+392.8%), from €29,857 to €147,147
- Taxes +€21,193
up €21,193 (+376.0%), from €5,637 to €26,830
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 | €70,564 | €364,108 | +€293,544 | +416.0% |
| Fixed assets | 21/28 | €6,527 | €25,433 | +€18,906 | +289.7% |
| Tangible fixed assets | 22/27 | €6,527 | €25,433 | +€18,906 | +289.7% |
| Furniture and vehicles | 24 | €6,527 | €25,433 | +€18,906 | +289.7% |
| Current assets | 29/58 | €64,037 | €338,674 | +€274,638 | +428.9% |
| Amounts receivable within one year | 40/41 | €57,115 | €226,173 | +€169,058 | +296.0% |
| Trade receivables | 40 | €54,504 | €162,683 | +€108,179 | +198.5% |
| Other amounts receivable | 41 | €2,612 | €63,491 | +€60,879 | +2330.9% |
| Cash at bank and in hand | 54/58 | €6,604 | €112,501 | +€105,897 | +1603.6% |
| Deferred charges and accrued income | 490/1 | €318 | - | -€318 | |
| Total equity and liabilities | 10/49 | €70,564 | €364,108 | +€293,544 | +416.0% |
| Equity | 10/15 | €35,148 | €137,853 | +€102,705 | +292.2% |
| Contributions | 10/11 | €14,560 | €14,560 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,588 | €123,293 | +€102,705 | +498.9% |
| Amounts payable | 17/49 | €35,416 | €226,255 | +€190,839 | +538.9% |
| Amounts payable after more than one year | 17 | - | €7,341 | +€7,341 | |
| Financial debts | 170/4 | - | €7,341 | +€7,341 | |
| Amounts payable within one year | 42/48 | €35,416 | €218,913 | +€183,498 | +518.1% |
| Current portion of amounts payable after more than one year | 42 | - | €4,902 | +€4,902 | |
| Trade debts | 44 | €22,212 | €181,011 | +€158,800 | +714.9% |
| Suppliers | 440/4 | €22,212 | €181,011 | +€158,800 | +714.9% |
| Advances received on contracts in progress | 46 | €7,567 | - | -€7,567 | |
| Taxes, remuneration and social security | 45 | €5,637 | €31,771 | +€26,134 | +463.6% |
| Taxes | 450/3 | €5,637 | €31,771 | +€26,134 | +463.6% |
| Other amounts payable | 47/48 | - | €1,230 | +€1,230 | |
| Turnover | 70 | €129,246 | €1,057,253 | +€928,007 | +718.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €101,629 | €911,977 | +€810,348 | +797.4% |
| Remuneration, social security and pensions | 62 | - | €4,935 | +€4,935 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,208 | €1,905 | +€697 | +57.7% |
| Other operating charges | 640/8 | €1,053 | €5,684 | +€4,631 | +439.6% |
| Gross operating margin | 9900 | €29,857 | €147,147 | +€117,290 | +392.8% |
| Operating profit (loss) | 9901 | €27,596 | €134,623 | +€107,027 | +387.8% |
| Financial charges | 65/66B | €1,371 | €5,088 | +€3,717 | +271.1% |
| Recurring financial charges | 65 | €1,371 | €5,088 | +€3,717 | +271.1% |
| Profit (loss) for the period before taxes | 9903 | €26,225 | €129,534 | +€103,309 | +393.9% |
| Income taxes | 67/77 | €5,637 | €26,830 | +€21,193 | +376.0% |
| Profit (loss) for the period | 9904 | €20,588 | €102,705 | +€82,117 | +398.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,588 | €102,705 | +€82,117 | +398.9% |
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 9 October 2026 via checked.be.