Greenplaces WL: 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.
Greenplaces WL
Largest movements
- Tangible fixed assets -€1.7m
down €1.7m (-98.7%), from €1.8m to €23,584
of which Land and buildings: -€1.8m
- Current investments +€909,086
new in 2025: €909,086
- Receivables within one year +€41,291
up €41,291 (+321%), from €12,853 to €54,145
of which Other amounts receivable: +€43,822
- Debts after one year -€1.1m
down €1.1m (-100%), from €1.1m to €0
- Reserves +€240,024
new in 2025: €240,024
- Profit (loss) carried forward +€91,293
up €91,293, from -€91,293 to €0
- Current portion of long-term debt -€78,628
down €78,628 (-100%), from €78,628 to €0
- Other debts +€48,124
up €48,124 (+6.9%), from €700,000 to €748,124
- Gross operating margin +€338,531
up €338,531 (+252%), from €134,245 to €472,776
- Taxes +€80,620
new in 2025: €80,620
- Depreciation -€69,415
down €69,415 (-97.5%), from €71,230 to €1,814
- Financial charges -€40,864
down €40,864 (-40.6%), from €100,718 to €59,853
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 | €1,882,876 | €1,063,241 | -€819,635 | -43.5% |
| Fixed assets | 21/28 | €1,766,243 | €23,584 | -€1.7m | -98.7% |
| Intangible fixed assets | 21 | €399 | €0 | -€399 | -100% |
| Tangible fixed assets | 22/27 | €1,765,844 | €23,584 | -€1.7m | -98.7% |
| Land and buildings | 22 | €1,759,264 | €0 | -€1.8m | -100% |
| Plant, machinery and equipment | 23 | €6,581 | €23,584 | +€17,004 | +258% |
| Current assets | 29/58 | €116,633 | €1,039,657 | +€923,024 | +791% |
| Amounts receivable after more than one year | 29 | €78,236 | €68,093 | -€10,143 | -13.0% |
| Other amounts receivable | 291 | €78,236 | €68,093 | -€10,143 | -13.0% |
| Amounts receivable within one year | 40/41 | €12,853 | €54,145 | +€41,291 | +321% |
| Trade receivables | 40 | €3,204 | €674 | -€2,531 | -79.0% |
| Other amounts receivable | 41 | €9,649 | €53,471 | +€43,822 | +454% |
| Current investments | 50/53 | - | €909,086 | +€909,086 | |
| Cash at bank and in hand | 54/58 | €23,595 | €7,561 | -€16,034 | -68.0% |
| Deferred charges and accrued income | 490/1 | €1,949 | €772 | -€1,177 | -60.4% |
| Total equity and liabilities | 10/49 | €1,882,876 | €1,063,241 | -€819,635 | -43.5% |
| Equity | 10/15 | -€71,293 | €260,024 | +€331,316 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €240,024 | +€240,024 | |
| Distributable reserves | 133 | - | €240,024 | +€240,024 | |
| Profit (loss) carried forward | 14 | -€91,293 | €0 | +€91,293 | |
| Amounts payable | 17/49 | €1,954,169 | €803,217 | -€1.2m | -58.9% |
| Amounts payable after more than one year | 17 | €1,133,111 | €0 | -€1.1m | -100% |
| Financial debts | 170/4 | €1,133,111 | €0 | -€1.1m | -100% |
| Amounts payable within one year | 42/48 | €793,464 | €803,217 | +€9,753 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €78,628 | €0 | -€78,628 | -100% |
| Financial debts | 43 | - | €35,000 | +€35,000 | |
| Credit institutions | 430/8 | - | €35,000 | +€35,000 | |
| Trade debts | 44 | €9,135 | €20,094 | +€10,958 | +120% |
| Suppliers | 440/4 | €9,135 | €20,094 | +€10,958 | +120% |
| Taxes, remuneration and social security | 45 | €5,702 | €0 | -€5,702 | -100% |
| Taxes | 450/3 | €5,702 | €0 | -€5,702 | -100% |
| Other amounts payable | 47/48 | €700,000 | €748,124 | +€48,124 | +6.9% |
| Accrued charges and deferred income | 492/3 | €27,593 | €0 | -€27,593 | -100% |
| Non-recurring operating income | 76A | - | €495,163 | +€495,163 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,230 | €1,814 | -€69,415 | -97.5% |
| Other operating charges | 640/8 | €578 | €3,347 | +€2,769 | +479% |
| Gross operating margin | 9900 | €134,245 | €472,776 | +€338,531 | +252% |
| Operating profit (loss) | 9901 | €62,437 | €467,615 | +€405,177 | +649% |
| Financial income | 75/76B | €4,902 | €4,175 | -€727 | -14.8% |
| Recurring financial income | 75 | €4,902 | €4,175 | -€727 | -14.8% |
| Financial charges | 65/66B | €100,718 | €59,853 | -€40,864 | -40.6% |
| Recurring financial charges | 65 | €100,718 | €59,853 | -€40,864 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | -€33,379 | €411,936 | +€445,315 | |
| Income taxes | 67/77 | - | €80,620 | +€80,620 | |
| Profit (loss) for the period | 9904 | -€33,379 | €331,316 | +€364,695 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,379 | €331,316 | +€364,695 |
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 31 October 2026 via checked.be.