GREENOLOGIC: 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.
GREENOLOGIC
Largest movements
- Cash +€10,253
new in 2025: €10,253
mainly Net result for the year (+€25,492) and Depreciation (+€8,631)
- Receivables within one year -€5,848
down €5,848 (-16.7%), from €34,968 to €29,120
of which Trade receivables: -€11,679
- Profit (loss) carried forward +€5,982
up €5,982 (+13.9%), from €43,182 to €49,164
- Short-term financial debts -€3,021
no longer reported in 2025 (was €3,021)
- Debts after one year -€1,719
down €1,719 (-23.4%), from €7,356 to €5,637
- Current portion of long-term debt +€1,410
new in 2025: €1,410
- Tax, wage and social debts +€1,022
up €1,022 (+548.4%), from €186 to €1,209
- Gross operating margin +€36,883
up €36,883 (+495.7%), from €7,440 to €44,323
- Taxes +€8,506
up €8,506 (+774.9%), from €1,098 to €9,603
- Depreciation +€3,454
up €3,454 (+66.7%), from €5,178 to €8,631
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 | €72,745 | €76,858 | +€4,113 | +5.7% |
| Fixed assets | 21/28 | €27,407 | €26,898 | -€509 | -1.9% |
| Tangible fixed assets | 22/27 | €27,407 | €26,898 | -€509 | -1.9% |
| Land and buildings | 22 | €5,184 | €4,403 | -€781 | -15.1% |
| Plant, machinery and equipment | 23 | €18,013 | €15,767 | -€2,246 | -12.5% |
| Furniture and vehicles | 24 | €4,209 | €6,727 | +€2,518 | +59.8% |
| Current assets | 29/58 | €45,338 | €49,960 | +€4,622 | +10.2% |
| Stocks and contracts in progress | 3 | €10,354 | €10,570 | +€216 | +2.1% |
| Stocks | 30/36 | €10,354 | €10,570 | +€216 | +2.1% |
| Amounts receivable within one year | 40/41 | €34,968 | €29,120 | -€5,848 | -16.7% |
| Trade receivables | 40 | €26,183 | €14,505 | -€11,679 | -44.6% |
| Other amounts receivable | 41 | €8,785 | €14,616 | +€5,831 | +66.4% |
| Current investments | 50/53 | €17 | €17 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €10,253 | +€10,253 | |
| Total equity and liabilities | 10/49 | €72,745 | €76,858 | +€4,113 | +5.7% |
| Equity | 10/15 | €62,182 | €68,164 | +€5,982 | +9.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €14,000 | €14,000 | = | 0.0% |
| Distributable reserves | 133 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,182 | €49,164 | +€5,982 | +13.9% |
| Amounts payable | 17/49 | €10,563 | €8,694 | -€1,869 | -17.7% |
| Amounts payable after more than one year | 17 | €7,356 | €5,637 | -€1,719 | -23.4% |
| Financial debts | 170/4 | €7,356 | €5,637 | -€1,719 | -23.4% |
| Amounts payable within one year | 42/48 | €3,208 | €3,057 | -€150 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | - | €1,410 | +€1,410 | |
| Financial debts | 43 | €3,021 | - | -€3,021 | |
| Credit institutions | 430/8 | €3,021 | - | -€3,021 | |
| Trade debts | 44 | - | €439 | +€439 | |
| Suppliers | 440/4 | - | €439 | +€439 | |
| Taxes, remuneration and social security | 45 | €186 | €1,209 | +€1,022 | +548.4% |
| Taxes | 450/3 | €186 | €1,209 | +€1,022 | +548.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,178 | €8,631 | +€3,454 | +66.7% |
| Other operating charges | 640/8 | €337 | €380 | +€43 | +12.7% |
| Gross operating margin | 9900 | €7,440 | €44,323 | +€36,883 | +495.7% |
| Operating profit (loss) | 9901 | €1,925 | €35,312 | +€33,386 | +1733.9% |
| Financial income | 75/76B | €0 | €9 | +€8 | +2527.3% |
| Recurring financial income | 75 | €0 | €9 | +€8 | +2527.3% |
| Financial charges | 65/66B | €332 | €226 | -€107 | -32.1% |
| Recurring financial charges | 65 | €332 | €226 | -€107 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €1,594 | €35,095 | +€33,501 | +2102.3% |
| Income taxes | 67/77 | €1,098 | €9,603 | +€8,506 | +774.9% |
| Profit (loss) for the period | 9904 | €496 | €25,492 | +€24,996 | +5040.9% |
| Profit (loss) for the period to be appropriated | 9905 | €496 | €25,492 | +€24,996 | +5040.9% |
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 29 September 2026 via checked.be.