GREENODORSOLUTION: 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.
GREENODORSOLUTION
Largest movements
- Cash -€4,134
down €4,134 (-62.7%), from €6,592 to €2,458
mainly Trade debts (-€16,543) and Tax, wage and social debts (-€558)
- Stocks and contracts -€3,886
down €3,886 (-9.6%), from €40,524 to €36,638
- Trade debts -€16,543
down €16,543 (-49.8%), from €33,251 to €16,708
- Profit (loss) carried forward +€4,196
up €4,196 (+22.9%), from -€18,320 to -€14,124
- Other debts +€4,181
up €4,181 (+169.7%), from €2,463 to €6,644
- Tax, wage and social debts -€558
down €558 (-100.0%), from €558 to €0
- Gross operating margin +€25,732
up €25,732, from -€20,542 to €5,190
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 | €47,953 | €39,686 | -€8,267 | -17.2% |
| Current assets | 29/58 | €47,953 | €39,686 | -€8,267 | -17.2% |
| Stocks and contracts in progress | 3 | €40,524 | €36,638 | -€3,886 | -9.6% |
| Stocks | 30/36 | €40,524 | €36,638 | -€3,886 | -9.6% |
| Amounts receivable within one year | 40/41 | €280 | €491 | +€211 | +75.2% |
| Other amounts receivable | 41 | €280 | €491 | +€211 | +75.2% |
| Cash at bank and in hand | 54/58 | €6,592 | €2,458 | -€4,134 | -62.7% |
| Deferred charges and accrued income | 490/1 | €556 | €99 | -€457 | -82.3% |
| Total equity and liabilities | 10/49 | €47,953 | €39,686 | -€8,267 | -17.2% |
| Equity | 10/15 | €11,680 | €15,876 | +€4,196 | +35.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€18,320 | -€14,124 | +€4,196 | +22.9% |
| Amounts payable | 17/49 | €36,272 | €23,810 | -€12,462 | -34.4% |
| Amounts payable within one year | 42/48 | €36,272 | €23,404 | -€12,869 | -35.5% |
| Financial debts | 43 | - | €52 | +€52 | |
| Credit institutions | 430/8 | - | €52 | +€52 | |
| Trade debts | 44 | €33,251 | €16,708 | -€16,543 | -49.8% |
| Suppliers | 440/4 | €33,251 | €16,708 | -€16,543 | -49.8% |
| Taxes, remuneration and social security | 45 | €558 | €0 | -€558 | -100.0% |
| Taxes | 450/3 | €558 | €0 | -€558 | -100.0% |
| Other amounts payable | 47/48 | €2,463 | €6,644 | +€4,181 | +169.7% |
| Accrued charges and deferred income | 492/3 | - | €406 | +€406 | |
| Other operating charges | 640/8 | €638 | €770 | +€132 | +20.8% |
| Gross operating margin | 9900 | -€20,542 | €5,190 | +€25,732 | |
| Operating profit (loss) | 9901 | -€21,180 | €4,419 | +€25,600 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €150 | €224 | +€74 | +49.4% |
| Recurring financial charges | 65 | €150 | €224 | +€74 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,330 | €4,196 | +€25,526 | |
| Profit (loss) for the period | 9904 | -€21,330 | €4,196 | +€25,526 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,330 | €4,196 | +€25,526 |
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 3 October 2026 via checked.be.