GREENMATTERS: 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.
GREENMATTERS
Largest movements
- Current investments +€87,886
up €87,886 (+29.1%), from €302,094 to €389,980
- Cash +€19,157
up €19,157 (+6.5%), from €292,710 to €311,868
mainly Net result for the year (+€208,258) and Tax, wage and social debts (+€24,720)
- Tangible fixed assets +€18,367
up €18,367 (+1489.2%), from €1,233 to €19,601
of which Furniture and vehicles: +€18,656
- Reserves +€105,490
up €105,490 (+24.0%), from €439,715 to €545,205
- Tax, wage and social debts +€24,720
up €24,720 (+248.0%), from €9,967 to €34,687
of which Remuneration and social security: +€24,728
- Gross operating margin +€151,399
up €151,399 (+107.2%), from €141,252 to €292,652
- Taxes +€46,170
up €46,170 (+106.3%), from €43,447 to €89,618
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 | €608,039 | €735,216 | +€127,177 | +20.9% |
| Fixed assets | 21/28 | €1,470 | €19,838 | +€18,367 | +1249.2% |
| Tangible fixed assets | 22/27 | €1,233 | €19,601 | +€18,367 | +1489.2% |
| Plant, machinery and equipment | 23 | €389 | €101 | -€288 | -74.0% |
| Furniture and vehicles | 24 | €844 | €19,499 | +€18,656 | +2210.6% |
| Financial fixed assets | 28 | €237 | €237 | = | 0.0% |
| Current assets | 29/58 | €606,569 | €715,378 | +€108,810 | +17.9% |
| Stocks and contracts in progress | 3 | €2,623 | €1,720 | -€903 | -34.4% |
| Stocks | 30/36 | €2,623 | €1,720 | -€903 | -34.4% |
| Amounts receivable within one year | 40/41 | €7,496 | €10,849 | +€3,353 | +44.7% |
| Trade receivables | 40 | - | €1,947 | +€1,947 | |
| Other amounts receivable | 41 | €7,496 | €8,902 | +€1,405 | +18.7% |
| Current investments | 50/53 | €302,094 | €389,980 | +€87,886 | +29.1% |
| Cash at bank and in hand | 54/58 | €292,710 | €311,868 | +€19,157 | +6.5% |
| Deferred charges and accrued income | 490/1 | €1,645 | €962 | -€683 | -41.5% |
| Total equity and liabilities | 10/49 | €608,039 | €735,216 | +€127,177 | +20.9% |
| Equity | 10/15 | €594,836 | €700,326 | +€105,490 | +17.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €439,715 | €545,205 | +€105,490 | +24.0% |
| Distributable reserves | 133 | €439,715 | €545,205 | +€105,490 | +24.0% |
| Profit (loss) carried forward | 14 | €134,661 | €134,661 | = | 0.0% |
| Amounts payable | 17/49 | €13,203 | €34,890 | +€21,687 | +164.3% |
| Amounts payable within one year | 42/48 | €13,203 | €34,890 | +€21,687 | +164.3% |
| Trade debts | 44 | €3,089 | - | -€3,089 | |
| Suppliers | 440/4 | €3,089 | - | -€3,089 | |
| Taxes, remuneration and social security | 45 | €9,967 | €34,687 | +€24,720 | +248.0% |
| Taxes | 450/3 | €8 | - | -€8 | |
| Remuneration and social security | 454/9 | €9,959 | €34,687 | +€24,728 | +248.3% |
| Other amounts payable | 47/48 | €147 | €203 | +€56 | +38.2% |
| Non-recurring operating income | 76A | €1 | €5,500 | +€5,499 | +662550.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,430 | €5,883 | +€2,453 | +71.5% |
| Other operating charges | 640/8 | €387 | €445 | +€57 | +14.8% |
| Gross operating margin | 9900 | €141,252 | €292,652 | +€151,399 | +107.2% |
| Operating profit (loss) | 9901 | €137,435 | €286,324 | +€148,889 | +108.3% |
| Financial income | 75/76B | €10,243 | €12,316 | +€2,073 | +20.2% |
| Recurring financial income | 75 | €10,243 | €12,316 | +€2,073 | +20.2% |
| Financial charges | 65/66B | €1,560 | €764 | -€796 | -51.0% |
| Recurring financial charges | 65 | €1,560 | €764 | -€796 | -51.0% |
| Profit (loss) for the period before taxes | 9903 | €146,118 | €297,876 | +€151,758 | +103.9% |
| Income taxes | 67/77 | €43,447 | €89,618 | +€46,170 | +106.3% |
| Profit (loss) for the period | 9904 | €102,671 | €208,258 | +€105,587 | +102.8% |
| Profit (loss) for the period to be appropriated | 9905 | €102,671 | €208,258 | +€105,587 | +102.8% |
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 6 October 2026 via checked.be.