GREENNOVA: 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.
GREENNOVA
Largest movements
- Stocks and contracts -€3.2m
down €3.2m (-32.2%), from €9.8m to €6.7m
- Financial fixed assets +€1.9m
new in 2025: €1.9m
- Cash +€470,217
up €470,217 (+609.5%), from €77,151 to €547,368
mainly Stocks and contracts (+€3.2m) and Other debts (+€757,751)
- Debts after one year -€1.7m
down €1.7m (-23.9%), from €7.2m to €5.5m
- Other debts +€757,751
up €757,751 (+26.5%), from €2.9m to €3.6m
- Profit (loss) carried forward +€122,170
up €122,170 (+51.6%), from -€236,665 to -€114,495
- Gross operating margin +€394,781
up €394,781 (+464.1%), from €85,056 to €479,837
- Other operating charges +€46,393
up €46,393 (+85912.8%), from €54 to €46,447
- Financial charges -€10,448
down €10,448 (-3.2%), from €321,667 to €311,220
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 | €9,925,223 | €9,144,089 | -€781,133 | -7.9% |
| Fixed assets | 21/28 | - | €1,920,060 | +€1.9m | |
| Financial fixed assets | 28 | - | €1,920,060 | +€1.9m | |
| Current assets | 29/58 | €9,925,223 | €7,224,029 | -€2.7m | -27.2% |
| Stocks and contracts in progress | 3 | €9,842,720 | €6,676,661 | -€3.2m | -32.2% |
| Stocks | 30/36 | €9,842,720 | €6,676,661 | -€3.2m | -32.2% |
| Cash at bank and in hand | 54/58 | €77,151 | €547,368 | +€470,217 | +609.5% |
| Deferred charges and accrued income | 490/1 | €5,351 | - | -€5,351 | |
| Total equity and liabilities | 10/49 | €9,925,223 | €9,144,089 | -€781,133 | -7.9% |
| Equity | 10/15 | -€174,665 | -€52,495 | +€122,170 | +69.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€236,665 | -€114,495 | +€122,170 | +51.6% |
| Amounts payable | 17/49 | €10,099,888 | €9,196,584 | -€903,304 | -8.9% |
| Amounts payable after more than one year | 17 | €7,204,403 | €5,486,144 | -€1.7m | -23.9% |
| Financial debts | 170/4 | €7,204,403 | €5,486,144 | -€1.7m | -23.9% |
| Amounts payable within one year | 42/48 | €2,895,484 | €3,710,440 | +€814,956 | +28.1% |
| Trade debts | 44 | €3,331 | €22,910 | +€19,579 | +587.9% |
| Suppliers | 440/4 | €3,331 | €22,910 | +€19,579 | +587.9% |
| Taxes, remuneration and social security | 45 | €27,640 | €65,266 | +€37,626 | +136.1% |
| Taxes | 450/3 | €27,640 | €65,266 | +€37,626 | +136.1% |
| Other amounts payable | 47/48 | €2,864,514 | €3,622,264 | +€757,751 | +26.5% |
| Other operating charges | 640/8 | €54 | €46,447 | +€46,393 | +85912.8% |
| Gross operating margin | 9900 | €85,056 | €479,837 | +€394,781 | +464.1% |
| Operating profit (loss) | 9901 | €85,002 | €433,390 | +€348,388 | +409.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €321,667 | €311,220 | -€10,448 | -3.2% |
| Recurring financial charges | 65 | €321,667 | €311,220 | -€10,448 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€236,665 | €122,170 | +€358,835 | |
| Profit (loss) for the period | 9904 | -€236,665 | €122,170 | +€358,835 | |
| Profit (loss) for the period to be appropriated | 9905 | -€236,665 | €122,170 | +€358,835 |
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 12 October 2026 via checked.be.