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Greenpine: 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.

What changed

Greenpine

BE 0834.791.304
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€902,332
2024 · €708+€901,624
Equity
€4.8m
2024 · €4.8m+€3,132
Cash
€106,291
2024 · €311,017-€204,727
Balance sheet total
€5.7m
2024 · €4.8m+€899,076

Largest movements

2024 to 2025
Assets
  • Deferred charges and accrued income +€903,803

    up €903,803 (+34862.2%), from €2,593 to €906,395

  • Cash -€204,727

    down €204,727 (-65.8%), from €311,017 to €106,291

    mainly Deferred charges and accrued income (-€903,803) and Contributions, distributions and other (-€899,200)

  • Receivables after one year +€200,000

    up €200,000 (+38.6%), from €518,500 to €718,500

Equity and liabilities
  • Other debts +€900,330

    new in 2025: €900,330

Income statement
  • Financial income +€901,716

    up €901,716 (+12399.5%), from €7,272 to €908,988

  • Gross operating margin +€1,416

    up €1,416 (+25.2%), from -€5,615 to -€4,199

  • Taxes +€915

    up €915 (+355.2%), from €258 to €1,173

  • Financial charges +€728

    up €728 (+1054.7%), from €69 to €797

  • Other operating charges -€135

    down €135 (-21.7%), from €622 to €487

From the 2024 result to the 2025 result

effect on the 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 €708
Gross operating margin +€1,416
Other operating charges +€135
Financial income +€901,716
Financial charges -€728
Taxes -€915
Result 2025 €902,332

Cash bridge derived

cash 2024 to 2025

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 +€694,473
Investment €0
Financing -€899,200
Cash 2024 €311,017
Net result for the year +€902,332
Receivables after one year -€200,000
Deferred charges and accrued income -€903,803
Trade debts -€4,171
Tax, wage and social debts -€215
Other debts +€900,330
Contributions, distributions and other -€899,200
Cash 2025 €106,291
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €4,844,513 €5,743,589 +€899,076 +18.6%
Fixed assets 21/28 €3,862,403 €3,862,403 = 0.0%
Financial fixed assets 28 €3,862,403 €3,862,403 = 0.0%
Current assets 29/58 €982,110 €1,881,186 +€899,076 +91.5%
Amounts receivable after more than one year 29 €518,500 €718,500 +€200,000 +38.6%
Other amounts receivable 291 €518,500 €718,500 +€200,000 +38.6%
Amounts receivable within one year 40/41 €150,000 €150,000 = 0.0%
Other amounts receivable 41 €150,000 €150,000 = 0.0%
Cash at bank and in hand 54/58 €311,017 €106,291 -€204,727 -65.8%
Deferred charges and accrued income 490/1 €2,593 €906,395 +€903,803 +34862.2%
Total equity and liabilities 10/49 €4,844,513 €5,743,589 +€899,076 +18.6%
Equity 10/15 €4,838,954 €4,842,086 +€3,132 +0.1%
Contributions 10/11 €4,600,772 €4,600,772 = 0.0%
Capital 10 €4,600,772 €4,600,772 = 0.0%
Issued capital 100 €4,600,772 €4,600,772 = 0.0%
Reserves 13 €229,421 €241,314 +€11,893 +5.2%
Non-distributable reserves 130/1 €229,421 €241,314 +€11,893 +5.2%
Legal reserve 130 €229,421 €241,314 +€11,893 +5.2%
Profit (loss) carried forward 14 €8,762 - -€8,762
Amounts payable 17/49 €5,558 €901,503 +€895,945 +16119.0%
Amounts payable within one year 42/48 €5,558 €901,503 +€895,945 +16119.0%
Trade debts 44 €4,171 - -€4,171
Suppliers 440/4 €4,171 - -€4,171
Taxes, remuneration and social security 45 €1,388 €1,173 -€215 -15.5%
Taxes 450/3 €1,388 €1,173 -€215 -15.5%
Other amounts payable 47/48 - €900,330 +€900,330
Other operating charges 640/8 €622 €487 -€135 -21.7%
Gross operating margin 9900 -€5,615 -€4,199 +€1,416 +25.2%
Operating profit (loss) 9901 -€6,238 -€4,686 +€1,551 +24.9%
Financial income 75/76B €7,272 €908,988 +€901,716 +12399.5%
Recurring financial income 75 €7,272 €908,988 +€901,716 +12399.5%
Financial charges 65/66B €69 €797 +€728 +1054.7%
Recurring financial charges 65 €69 €797 +€728 +1054.7%
Profit (loss) for the period before taxes 9903 €966 €903,505 +€902,539 +93478.9%
Income taxes 67/77 €258 €1,173 +€915 +355.2%
Profit (loss) for the period 9904 €708 €902,332 +€901,624 +127378.6%
Profit (loss) for the period to be appropriated 9905 €708 €902,332 +€901,624 +127378.6%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.