GREENPOWER: 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.
GREENPOWER
Largest movements
- Cash -€4,564
down €4,564 (-41.9%), from €10,905 to €6,341
mainly Other debts (-€41,628) and Trade debts (-€5,423)
- Tangible fixed assets -€1,003
down €1,003 (-80.8%), from €1,242 to €239
- Other debts -€41,628
down €41,628 (-67.8%), from €61,375 to €19,747
- Profit (loss) carried forward +€41,506
up €41,506 (+50.4%), from -€82,307 to -€40,802
- Trade debts -€5,423
down €5,423 (-37.5%), from €14,480 to €9,057
- Gross operating margin +€12,746
up €12,746 (+40.9%), from €31,162 to €43,908
- Financial charges -€1,314
down €1,314 (-60.1%), from €2,187 to €873
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 | €12,147 | €6,602 | -€5,545 | -45.7% |
| Fixed assets | 21/28 | €1,242 | €239 | -€1,003 | -80.8% |
| Tangible fixed assets | 22/27 | €1,242 | €239 | -€1,003 | -80.8% |
| Plant, machinery and equipment | 23 | €1,242 | €239 | -€1,003 | -80.8% |
| Current assets | 29/58 | €10,905 | €6,363 | -€4,542 | -41.7% |
| Amounts receivable within one year | 40/41 | €0 | €22 | +€22 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €22 | +€22 | |
| Cash at bank and in hand | 54/58 | €10,905 | €6,341 | -€4,564 | -41.9% |
| Total equity and liabilities | 10/49 | €12,147 | €6,602 | -€5,545 | -45.7% |
| Equity | 10/15 | -€63,707 | -€22,202 | +€41,506 | +65.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,307 | -€40,802 | +€41,506 | +50.4% |
| Amounts payable | 17/49 | €75,854 | €28,803 | -€47,051 | -62.0% |
| Amounts payable within one year | 42/48 | €75,854 | €28,803 | -€47,051 | -62.0% |
| Trade debts | 44 | €14,480 | €9,057 | -€5,423 | -37.5% |
| Suppliers | 440/4 | €14,480 | €9,057 | -€5,423 | -37.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €61,375 | €19,747 | -€41,628 | -67.8% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,003 | €1,003 | +€0 | 0.0% |
| Other operating charges | 640/8 | €628 | €609 | -€20 | -3.1% |
| Gross operating margin | 9900 | €31,162 | €43,908 | +€12,746 | +40.9% |
| Operating profit (loss) | 9901 | €29,531 | €42,296 | +€12,765 | +43.2% |
| Financial income | 75/76B | - | €82 | +€82 | |
| Recurring financial income | 75 | - | €82 | +€82 | |
| Financial charges | 65/66B | €2,187 | €873 | -€1,314 | -60.1% |
| Recurring financial charges | 65 | €2,187 | €873 | -€1,314 | -60.1% |
| Profit (loss) for the period before taxes | 9903 | €27,344 | €41,506 | +€14,162 | +51.8% |
| Profit (loss) for the period | 9904 | €27,344 | €41,506 | +€14,162 | +51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,344 | €41,506 | +€14,162 | +51.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.