GreenMarkees: 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.
GreenMarkees
Largest movements
- Cash +€31,349
up €31,349 (+18.3%), from €170,979 to €202,328
mainly Net result for the year (+€27,731) and Depreciation (+€20,668)
- Tangible fixed assets -€20,668
down €20,668 (-9.6%), from €214,771 to €194,103
of which Land and buildings: -€19,352
- Deferred charges and accrued income -€4,652
down €4,652 (-25.2%), from €18,431 to €13,779
- Reserves +€27,731
up €27,731 (+27.1%), from €102,169 to €129,900
of which Distributable reserves: +€29,591
- Debts after one year -€27,729
down €27,729 (-10.4%), from €267,509 to €239,780
- Tax, wage and social debts +€5,751
up €5,751 (+59.9%), from €9,603 to €15,354
of which Taxes: +€5,751
- Gross operating margin -€2,793
down €2,793 (-3.9%), from €72,196 to €69,403
- Financial charges -€897
down €897 (-9.6%), from €9,379 to €8,482
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 | €447,433 | €455,410 | +€7,978 | +1.8% |
| Fixed assets | 21/28 | €214,771 | €194,103 | -€20,668 | -9.6% |
| Tangible fixed assets | 22/27 | €214,771 | €194,103 | -€20,668 | -9.6% |
| Land and buildings | 22 | €212,701 | €193,349 | -€19,352 | -9.1% |
| Plant, machinery and equipment | 23 | €1,381 | €755 | -€626 | -45.4% |
| Other tangible fixed assets | 26 | €689 | - | -€689 | |
| Current assets | 29/58 | €232,662 | €261,307 | +€28,645 | +12.3% |
| Amounts receivable within one year | 40/41 | €43,251 | €45,200 | +€1,949 | +4.5% |
| Trade receivables | 40 | €43,250 | €45,197 | +€1,947 | +4.5% |
| Other amounts receivable | 41 | €1 | €3 | +€1 | +100% |
| Cash at bank and in hand | 54/58 | €170,979 | €202,328 | +€31,349 | +18.3% |
| Deferred charges and accrued income | 490/1 | €18,431 | €13,779 | -€4,652 | -25.2% |
| Total equity and liabilities | 10/49 | €447,433 | €455,410 | +€7,978 | +1.8% |
| Equity | 10/15 | €128,438 | €156,168 | +€27,731 | +21.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €102,169 | €129,900 | +€27,731 | +27.1% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €100,309 | €129,900 | +€29,591 | +29.5% |
| Profit (loss) carried forward | 14 | €13,868 | €13,868 | = | 0.0% |
| Amounts payable | 17/49 | €318,995 | €299,242 | -€19,753 | -6.2% |
| Amounts payable after more than one year | 17 | €267,509 | €239,780 | -€27,729 | -10.4% |
| Financial debts | 170/4 | €267,509 | €239,780 | -€27,729 | -10.4% |
| Amounts payable within one year | 42/48 | €50,150 | €59,012 | +€8,862 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €24,830 | €27,729 | +€2,899 | +11.7% |
| Trade debts | 44 | €1,977 | €76 | -€1,902 | -96.2% |
| Suppliers | 440/4 | €1,977 | €76 | -€1,902 | -96.2% |
| Taxes, remuneration and social security | 45 | €9,603 | €15,354 | +€5,751 | +59.9% |
| Taxes | 450/3 | €7,603 | €13,354 | +€5,751 | +75.6% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €13,739 | €15,853 | +€2,114 | +15.4% |
| Accrued charges and deferred income | 492/3 | €1,336 | €450 | -€886 | -66.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,559 | €20,668 | +€109 | +0.5% |
| Other operating charges | 640/8 | €2,545 | €2,745 | +€200 | +7.9% |
| Gross operating margin | 9900 | €72,196 | €69,403 | -€2,793 | -3.9% |
| Operating profit (loss) | 9901 | €49,093 | €45,991 | -€3,102 | -6.3% |
| Financial income | 75/76B | €790 | €1,019 | +€229 | +29.0% |
| Recurring financial income | 75 | €790 | €1,019 | +€229 | +29.0% |
| Financial charges | 65/66B | €9,379 | €8,482 | -€897 | -9.6% |
| Recurring financial charges | 65 | €9,379 | €8,482 | -€897 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €40,504 | €38,527 | -€1,976 | -4.9% |
| Income taxes | 67/77 | €11,345 | €10,797 | -€548 | -4.8% |
| Profit (loss) for the period | 9904 | €29,159 | €27,731 | -€1,428 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,159 | €27,731 | -€1,428 | -4.9% |
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 13 October 2026 via checked.be.