Greenosa: 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.
What changed
Greenosa
NACE 01.309, Crop and animal production, hunting and related service activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€27,753
2024 · €305,002-€277,249
Equity
€246,046
2024 · €25,023+€221,023
Cash
-
2024 · €29,260-€29,260
Balance sheet total
€4.0m
2024 · €4.0m+€8,502
Largest movements
Assets
- Stocks and contracts +€215,980
up €215,980 (+22.2%), from €974,269 to €1.2m
- Tangible fixed assets -€180,782
down €180,782 (-6.3%), from €2.9m to €2.7m
of which Land and buildings: -€99,522
Equity and liabilities
- Debts after one year -€238,892
down €238,892 (-9.0%), from €2.7m to €2.4m
- Investment grants +€193,270
new in 2025: €193,270
- Short-term financial debts -€128,470
down €128,470 (-24.2%), from €530,000 to €401,530
- Accrued charges and deferred income +€56,603
new in 2025: €56,603
- Trade debts +€55,129
up €55,129 (+15.2%), from €363,252 to €418,381
Income statement
- Gross operating margin -€263,660
down €263,660 (-34.6%), from €762,188 to €498,528
- Staff costs +€81,018
up €81,018 (+59.4%), from €136,397 to €217,415
- Financial income +€63,743
up €63,743 (+598,529%), from €11 to €63,754
- Financial charges -€10,835
down €10,835 (-8.5%), from €127,823 to €116,988
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.
Result 2024
€305,002
Gross operating margin
-€263,660
Staff costs
-€81,018
Depreciation
-€2,780
Other operating charges
-€1,340
Financial income
+€63,743
Financial charges
+€10,835
Taxes
-€3,030
Result 2025
€27,753
raises the resultlowers the result
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.
From operations
+€144,599
Investment
€0
Financing
-€173,859
Cash 2024
€29,260
From operations (derived)
+€144,599
Net result for the year
+€27,753
Depreciation
+€180,782
Stocks and contracts
-€215,980
Receivables within one year
-€5,387
Deferred charges and accrued income
+€2,824
Trade debts
+€55,129
Tax, wage and social debts
+€9,129
Other debts
+€33,747
Accrued charges and deferred income
+€56,603
Financing
-€173,859
Debts after one year
-€238,892
Current portion of long-term debt
+€234
Short-term financial debts
-€128,470
Contributions, distributions and other
+€193,270
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,987,900 | €3,996,401 | +€8,502 | +0.2% |
| Fixed assets | 21/28 | €2,909,915 | €2,729,133 | -€180,782 | -6.2% |
| Tangible fixed assets | 22/27 | €2,879,915 | €2,699,133 | -€180,782 | -6.3% |
| Land and buildings | 22 | €2,290,986 | €2,191,464 | -€99,522 | -4.3% |
| Plant, machinery and equipment | 23 | €579,552 | €500,792 | -€78,760 | -13.6% |
| Furniture and vehicles | 24 | €9,377 | €6,877 | -€2,500 | -26.7% |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €1,077,985 | €1,267,269 | +€189,284 | +17.6% |
| Stocks and contracts in progress | 3 | €974,269 | €1,190,249 | +€215,980 | +22.2% |
| Stocks | 30/36 | €974,269 | €1,190,249 | +€215,980 | +22.2% |
| Amounts receivable within one year | 40/41 | €37,315 | €42,703 | +€5,387 | +14.4% |
| Trade receivables | 40 | €36,529 | €37,655 | +€1,126 | +3.1% |
| Other amounts receivable | 41 | €786 | €5,047 | +€4,261 | +542% |
| Cash at bank and in hand | 54/58 | €29,260 | - | -€29,260 | |
| Deferred charges and accrued income | 490/1 | €37,141 | €34,317 | -€2,824 | -7.6% |
| Total equity and liabilities | 10/49 | €3,987,900 | €3,996,401 | +€8,502 | +0.2% |
| Equity | 10/15 | €25,023 | €246,046 | +€221,023 | +883% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,023 | €32,776 | +€27,753 | +552% |
| Distributable reserves | 133 | €5,023 | €32,776 | +€27,753 | +552% |
| Investment grants | 15 | - | €193,270 | +€193,270 | |
| Amounts payable | 17/49 | €3,962,877 | €3,750,356 | -€212,521 | -5.4% |
| Amounts payable after more than one year | 17 | €2,662,888 | €2,423,996 | -€238,892 | -9.0% |
| Financial debts | 170/4 | €2,662,888 | €2,423,996 | -€238,892 | -9.0% |
| Amounts payable within one year | 42/48 | €1,299,989 | €1,269,757 | -€30,231 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €238,659 | €238,892 | +€234 | +0.1% |
| Financial debts | 43 | €530,000 | €401,530 | -€128,470 | -24.2% |
| Credit institutions | 430/8 | €530,000 | €401,530 | -€128,470 | -24.2% |
| Trade debts | 44 | €363,252 | €418,381 | +€55,129 | +15.2% |
| Suppliers | 440/4 | €363,252 | €418,381 | +€55,129 | +15.2% |
| Taxes, remuneration and social security | 45 | €15,543 | €24,672 | +€9,129 | +58.7% |
| Taxes | 450/3 | €841 | €3,030 | +€2,190 | +260% |
| Remuneration and social security | 454/9 | €14,703 | €21,642 | +€6,940 | +47.2% |
| Other amounts payable | 47/48 | €152,535 | €186,282 | +€33,747 | +22.1% |
| Accrued charges and deferred income | 492/3 | - | €56,603 | +€56,603 | |
| Remuneration, social security and pensions | 62 | €136,397 | €217,415 | +€81,018 | +59.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,002 | €180,782 | +€2,780 | +1.6% |
| Other operating charges | 640/8 | €14,974 | €16,314 | +€1,340 | +9.0% |
| Gross operating margin | 9900 | €762,188 | €498,528 | -€263,660 | -34.6% |
| Operating profit (loss) | 9901 | €432,815 | €84,017 | -€348,798 | -80.6% |
| Financial income | 75/76B | €11 | €63,754 | +€63,743 | +598,529% |
| Recurring financial income | 75 | €11 | €63,754 | +€63,743 | +598,529% |
| Financial charges | 65/66B | €127,823 | €116,988 | -€10,835 | -8.5% |
| Recurring financial charges | 65 | €127,823 | €116,988 | -€10,835 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €305,002 | €30,783 | -€274,219 | -89.9% |
| Income taxes | 67/77 | - | €3,030 | +€3,030 | |
| Profit (loss) for the period | 9904 | €305,002 | €27,753 | -€277,249 | -90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €305,002 | €27,753 | -€277,249 | -90.9% |
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 15 October 2026 via checked.be.