GREENOVE CONSULT & CONSTRUCT: 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.
GREENOVE CONSULT & CONSTRUCT
Largest movements
- Receivables within one year -€132,586
down €132,586 (-39.8%), from €333,177 to €200,591
of which Trade receivables: -€152,283
- Cash -€67,944
down €67,944 (-21.5%), from €316,241 to €248,297
mainly Other debts (-€167,271) and Trade debts (-€126,520)
- Deferred charges and accrued income +€30,843
up €30,843 (+447%), from €6,901 to €37,743
- Profit (loss) carried forward +€183,110
up €183,110 (+125%), from €146,394 to €329,503
- Other debts -€167,271
down €167,271 (-53.5%), from €312,400 to €145,129
- Trade debts -€126,520
down €126,520 (-65.3%), from €193,801 to €67,280
- Tax, wage and social debts -€30,094
down €30,094 (-90.4%), from €33,277 to €3,183
- Debts after one year -€21,831
down €21,831 (-8.2%), from €267,121 to €245,290
- Gross operating margin -€37,634
down €37,634 (-11.6%), from €324,054 to €286,420
- Depreciation -€31,582
down €31,582 (-49.6%), from €63,616 to €32,034
- Taxes +€12,494
up €12,494 (+24.9%), from €50,243 to €62,737
- Write-downs -€6,000
no longer reported in 2025 (was €6,000)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,094,183 | €932,438 | -€161,745 | -14.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €437,865 | €445,807 | +€7,942 | +1.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €437,765 | €445,707 | +€7,942 | +1.8% |
| Land and buildings | 22 | €396,207 | €420,460 | +€24,253 | +6.1% |
| Plant, machinery and equipment | 23 | €12,845 | €5,764 | -€7,081 | -55.1% |
| Furniture and vehicles | 24 | €28,713 | €19,483 | -€9,230 | -32.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €656,319 | €486,632 | -€169,687 | -25.9% |
| Amounts receivable within one year | 40/41 | €333,177 | €200,591 | -€132,586 | -39.8% |
| Trade receivables | 40 | €321,844 | €169,562 | -€152,283 | -47.3% |
| Other amounts receivable | 41 | €11,333 | €31,029 | +€19,696 | +174% |
| Cash at bank and in hand | 54/58 | €316,241 | €248,297 | -€67,944 | -21.5% |
| Deferred charges and accrued income | 490/1 | €6,901 | €37,743 | +€30,843 | +447% |
| Total equity and liabilities | 10/49 | €1,094,183 | €932,438 | -€161,745 | -14.8% |
| Equity | 10/15 | €264,222 | €447,331 | +€183,110 | +69.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €97,828 | €97,828 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €95,828 | €95,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,394 | €329,503 | +€183,110 | +125% |
| Amounts payable | 17/49 | €829,962 | €485,107 | -€344,855 | -41.6% |
| Amounts payable after more than one year | 17 | €267,121 | €245,290 | -€21,831 | -8.2% |
| Financial debts | 170/4 | €267,121 | €245,290 | -€21,831 | -8.2% |
| Amounts payable within one year | 42/48 | €562,586 | €239,099 | -€323,487 | -57.5% |
| Current portion of amounts payable after more than one year | 42 | €23,109 | €23,506 | +€398 | +1.7% |
| Trade debts | 44 | €193,801 | €67,280 | -€126,520 | -65.3% |
| Suppliers | 440/4 | €193,801 | €67,280 | -€126,520 | -65.3% |
| Taxes, remuneration and social security | 45 | €33,277 | €3,183 | -€30,094 | -90.4% |
| Taxes | 450/3 | €33,277 | €3,183 | -€30,094 | -90.4% |
| Other amounts payable | 47/48 | €312,400 | €145,129 | -€167,271 | -53.5% |
| Accrued charges and deferred income | 492/3 | €255 | €718 | +€463 | +182% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,616 | €32,034 | -€31,582 | -49.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,000 | - | -€6,000 | |
| Other operating charges | 640/8 | €2,395 | €4,176 | +€1,781 | +74.3% |
| Non-recurring operating charges | 66A | €934 | - | -€934 | |
| Gross operating margin | 9900 | €324,054 | €286,420 | -€37,634 | -11.6% |
| Operating profit (loss) | 9901 | €251,108 | €250,210 | -€899 | -0.4% |
| Financial income | 75/76B | €2,633 | €4,178 | +€1,546 | +58.7% |
| Recurring financial income | 75 | €2,633 | €4,178 | +€1,546 | +58.7% |
| Financial charges | 65/66B | €7,105 | €8,541 | +€1,437 | +20.2% |
| Recurring financial charges | 65 | €7,105 | €8,541 | +€1,437 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €246,636 | €245,846 | -€790 | -0.3% |
| Income taxes | 67/77 | €50,243 | €62,737 | +€12,494 | +24.9% |
| Profit (loss) for the period | 9904 | €196,394 | €183,110 | -€13,284 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €196,394 | €183,110 | -€13,284 | -6.8% |
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 14 October 2026 via checked.be.