Greens & More: 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.
Greens & More
Largest movements
- Receivables within one year +€216,654
up €216,654 (+54.2%), from €399,368 to €616,022
of which Other amounts receivable: +€229,020
- Debts after one year -€1.3m
down €1.3m (-49.1%), from €2.7m to €1.4m
- Short-term financial debts +€1.3m
new in 2025: €1.3m
- Reserves +€729,492
up €729,492 (+13.0%), from €5.6m to €6.3m
of which Distributable reserves: +€729,492
- Current portion of long-term debt -€600,000
down €600,000 (-100%), from €600,000 to €0
- Gross operating margin +€366,585
up €366,585 (+75.9%), from €483,088 to €849,673
- Financial income +€159,414
up €159,414 (+259%), from €61,600 to €221,015
- Taxes +€104,064
up €104,064 (+125%), from €83,449 to €187,513
- Staff costs -€64,195
down €64,195 (-59.3%), from €108,282 to €44,087
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 | €10,592,612 | €10,749,234 | +€156,622 | +1.5% |
| Fixed assets | 21/28 | €8,683,684 | €8,665,102 | -€18,582 | -0.2% |
| Financial fixed assets | 28 | €8,683,684 | €8,665,102 | -€18,582 | -0.2% |
| Current assets | 29/58 | €1,908,928 | €2,084,131 | +€175,203 | +9.2% |
| Amounts receivable within one year | 40/41 | €399,368 | €616,022 | +€216,654 | +54.2% |
| Trade receivables | 40 | €50,223 | €37,857 | -€12,366 | -24.6% |
| Other amounts receivable | 41 | €349,146 | €578,166 | +€229,020 | +65.6% |
| Current investments | 50/53 | €1,470,000 | €1,400,000 | -€70,000 | -4.8% |
| Cash at bank and in hand | 54/58 | €33,738 | €63,876 | +€30,138 | +89.3% |
| Deferred charges and accrued income | 490/1 | €5,821 | €4,233 | -€1,588 | -27.3% |
| Total equity and liabilities | 10/49 | €10,592,612 | €10,749,234 | +€156,622 | +1.5% |
| Equity | 10/15 | €7,285,325 | €8,014,817 | +€729,492 | +10.0% |
| Contributions | 10/11 | €1,668,600 | €1,668,600 | = | 0.0% |
| Reserves | 13 | €5,616,725 | €6,346,217 | +€729,492 | +13.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,614,865 | €6,344,357 | +€729,492 | +13.0% |
| Amounts payable | 17/49 | €3,307,288 | €2,734,417 | -€572,871 | -17.3% |
| Amounts payable after more than one year | 17 | €2,650,000 | €1,350,000 | -€1.3m | -49.1% |
| Financial debts | 170/4 | €2,650,000 | €1,350,000 | -€1.3m | -49.1% |
| Amounts payable within one year | 42/48 | €632,950 | €1,360,604 | +€727,655 | +115% |
| Current portion of amounts payable after more than one year | 42 | €600,000 | €0 | -€600,000 | -100% |
| Financial debts | 43 | - | €1,300,000 | +€1.3m | |
| Credit institutions | 430/8 | - | €1,300,000 | +€1.3m | |
| Trade debts | 44 | €591 | €9,343 | +€8,752 | +1,481% |
| Suppliers | 440/4 | €591 | €9,343 | +€8,752 | +1,481% |
| Taxes, remuneration and social security | 45 | €32,359 | €51,262 | +€18,903 | +58.4% |
| Taxes | 450/3 | €19,036 | €42,202 | +€23,166 | +122% |
| Remuneration and social security | 454/9 | €13,322 | €9,060 | -€4,263 | -32.0% |
| Accrued charges and deferred income | 492/3 | €24,338 | €23,813 | -€525 | -2.2% |
| Remuneration, social security and pensions | 62 | €108,282 | €44,087 | -€64,195 | -59.3% |
| Other operating charges | 640/8 | €1,522 | €1,567 | +€44 | +2.9% |
| Gross operating margin | 9900 | €483,088 | €849,673 | +€366,585 | +75.9% |
| Operating profit (loss) | 9901 | €373,284 | €804,020 | +€430,736 | +115% |
| Financial income | 75/76B | €61,600 | €221,015 | +€159,414 | +259% |
| Recurring financial income | 75 | €61,600 | €221,015 | +€159,414 | +259% |
| Financial charges | 65/66B | €105,067 | €108,029 | +€2,962 | +2.8% |
| Recurring financial charges | 65 | €105,067 | €89,447 | -€15,620 | -14.9% |
| Non-recurring financial charges | 66B | - | €18,582 | +€18,582 | |
| Profit (loss) for the period before taxes | 9903 | €329,817 | €917,005 | +€587,188 | +178% |
| Income taxes | 67/77 | €83,449 | €187,513 | +€104,064 | +125% |
| Profit (loss) for the period | 9904 | €246,368 | €729,492 | +€483,124 | +196% |
| Profit (loss) for the period to be appropriated | 9905 | €246,368 | €729,492 | +€483,124 | +196% |
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 21 October 2026 via checked.be.