GreenPlug Solutions: 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.
GreenPlug Solutions
Largest movements
- Current investments +€508,720
new in 2025: €508,720
- Cash +€157,931
up €157,931 (+30.5%), from €518,093 to €676,024
mainly Net result for the year (+€568,834) and Investment in fixed assets (net) (+€83,611)
- Financial fixed assets -€84,602
down €84,602 (-7.6%), from €1.1m to €1.0m
- Receivables within one year -€51,953
down €51,953 (-94.5%), from €54,977 to €3,024
of which Trade receivables: -€54,658
- Reserves +€490,211
up €490,211 (+43.2%), from €1.1m to €1.6m
of which Distributable reserves: +€490,211
- Other debts +€33,546
up €33,546 (+74.2%), from €45,182 to €78,727
- Gross operating margin +€217,298
up €217,298 (+100.3%), from €216,747 to €434,045
- Taxes +€74,156
up €74,156 (+75.8%), from €97,825 to €171,981
- Financial income +€49,068
up €49,068 (+18.8%), from €261,373 to €310,441
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 | €1,694,097 | €2,223,591 | +€529,493 | +31.3% |
| Fixed assets | 21/28 | €1,121,027 | €1,035,454 | -€85,573 | -7.6% |
| Tangible fixed assets | 22/27 | €3,045 | €2,073 | -€971 | -31.9% |
| Furniture and vehicles | 24 | €3,045 | €2,073 | -€971 | -31.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €1,117,983 | €1,033,381 | -€84,602 | -7.6% |
| Current assets | 29/58 | €573,070 | €1,188,137 | +€615,067 | +107.3% |
| Amounts receivable within one year | 40/41 | €54,977 | €3,024 | -€51,953 | -94.5% |
| Trade receivables | 40 | €54,658 | €0 | -€54,658 | -100.0% |
| Other amounts receivable | 41 | €319 | €3,024 | +€2,705 | +849.0% |
| Current investments | 50/53 | - | €508,720 | +€508,720 | |
| Cash at bank and in hand | 54/58 | €518,093 | €676,024 | +€157,931 | +30.5% |
| Deferred charges and accrued income | 490/1 | €0 | €368 | +€368 | |
| Total equity and liabilities | 10/49 | €1,694,097 | €2,223,591 | +€529,493 | +31.3% |
| Equity | 10/15 | €1,579,537 | €2,069,747 | +€490,211 | +31.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,133,896 | €1,624,106 | +€490,211 | +43.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €379 | €379 | = | 0.0% |
| Distributable reserves | 133 | €1,131,657 | €1,621,867 | +€490,211 | +43.3% |
| Profit (loss) carried forward | 14 | €439,441 | €439,441 | = | 0.0% |
| Amounts payable | 17/49 | €114,560 | €153,843 | +€39,283 | +34.3% |
| Amounts payable within one year | 42/48 | €114,560 | €153,843 | +€39,283 | +34.3% |
| Trade debts | 44 | €1,295 | €75 | -€1,220 | -94.2% |
| Suppliers | 440/4 | €1,295 | €75 | -€1,220 | -94.2% |
| Taxes, remuneration and social security | 45 | €68,084 | €75,041 | +€6,957 | +10.2% |
| Taxes | 450/3 | €67,466 | €75,041 | +€7,575 | +11.2% |
| Remuneration and social security | 454/9 | €618 | €0 | -€618 | -100.0% |
| Other amounts payable | 47/48 | €45,182 | €78,727 | +€33,546 | +74.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,976 | €1,962 | -€14 | -0.7% |
| Other operating charges | 640/8 | €1,472 | €1,496 | +€24 | +1.7% |
| Gross operating margin | 9900 | €216,747 | €434,045 | +€217,298 | +100.3% |
| Operating profit (loss) | 9901 | €213,299 | €430,586 | +€217,288 | +101.9% |
| Financial income | 75/76B | €261,373 | €310,441 | +€49,068 | +18.8% |
| Recurring financial income | 75 | €261,373 | €310,441 | +€49,068 | +18.8% |
| Financial charges | 65/66B | €206 | €212 | +€7 | +3.2% |
| Recurring financial charges | 65 | €206 | €212 | +€7 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €474,466 | €740,815 | +€266,349 | +56.1% |
| Income taxes | 67/77 | €97,825 | €171,981 | +€74,156 | +75.8% |
| Profit (loss) for the period | 9904 | €376,641 | €568,834 | +€192,193 | +51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €376,641 | €568,834 | +€192,193 | +51.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.