GREENSCAPE: 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.
GREENSCAPE
Largest movements
- Receivables within one year -€18,194
down €18,194 (-13.2%), from €137,699 to €119,505
of which Trade receivables: -€19,433
- Cash -€4,745
down €4,745 (-99.8%), from €4,754 to €8
mainly Trade debts (-€37,743) and Tax, wage and social debts (-€17,439)
- Tangible fixed assets -€4,098
down €4,098 (-29.9%), from €13,705 to €9,608
of which Other tangible fixed assets: -€2,345
- Trade debts -€37,743
down €37,743 (-27.8%), from €135,744 to €98,000
- Short-term financial debts +€23,382
up €23,382 (+71,374%), from €33 to €23,415
- Tax, wage and social debts -€17,439
down €17,439 (-39.1%), from €44,643 to €27,204
of which Remuneration and social security: -€18,216
- Profit (loss) carried forward +€6,247
up €6,247 (+3.9%), from -€158,571 to -€152,324
- Other debts -€5,915
down €5,915 (-12.7%), from €46,746 to €40,831
- Gross operating margin +€50,651
up €50,651 (+25.4%), from €199,746 to €250,398
- Staff costs -€12,309
down €12,309 (-5.2%), from €238,489 to €226,180
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €237,295 | €207,385 | -€29,910 | -12.6% |
| Fixed assets | 21/28 | €25,227 | €19,879 | -€5,348 | -21.2% |
| Intangible fixed assets | 21 | €2,500 | €1,250 | -€1,250 | -50.0% |
| Tangible fixed assets | 22/27 | €13,705 | €9,608 | -€4,098 | -29.9% |
| Plant, machinery and equipment | 23 | €807 | €338 | -€469 | -58.1% |
| Furniture and vehicles | 24 | €3,457 | €2,173 | -€1,285 | -37.2% |
| Other tangible fixed assets | 26 | €9,441 | €7,097 | -€2,345 | -24.8% |
| Financial fixed assets | 28 | €9,022 | €9,022 | = | 0.0% |
| Current assets | 29/58 | €212,067 | €187,506 | -€24,562 | -11.6% |
| Amounts receivable after more than one year | 29 | €39,990 | €39,990 | = | 0.0% |
| Other amounts receivable | 291 | €39,990 | €39,990 | = | 0.0% |
| Stocks and contracts in progress | 3 | €12,635 | €10,323 | -€2,312 | -18.3% |
| Stocks | 30/36 | €12,635 | €10,323 | -€2,312 | -18.3% |
| Amounts receivable within one year | 40/41 | €137,699 | €119,505 | -€18,194 | -13.2% |
| Trade receivables | 40 | €128,074 | €108,641 | -€19,433 | -15.2% |
| Other amounts receivable | 41 | €9,624 | €10,864 | +€1,240 | +12.9% |
| Cash at bank and in hand | 54/58 | €4,754 | €8 | -€4,745 | -99.8% |
| Deferred charges and accrued income | 490/1 | €16,991 | €17,680 | +€689 | +4.1% |
| Total equity and liabilities | 10/49 | €237,295 | €207,385 | -€29,910 | -12.6% |
| Equity | 10/15 | €6,280 | €12,528 | +€6,247 | +99.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €146,259 | €146,259 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €10,595 | €10,595 | = | 0.0% |
| Distributable reserves | 133 | €133,805 | €135,664 | +€1,859 | +1.4% |
| Profit (loss) carried forward | 14 | -€158,571 | -€152,324 | +€6,247 | +3.9% |
| Amounts payable | 17/49 | €231,014 | €194,857 | -€36,157 | -15.7% |
| Amounts payable within one year | 42/48 | €227,165 | €189,450 | -€37,715 | -16.6% |
| Financial debts | 43 | €33 | €23,415 | +€23,382 | +71,374% |
| Credit institutions | 430/8 | €33 | €23,415 | +€23,382 | +71,374% |
| Trade debts | 44 | €135,744 | €98,000 | -€37,743 | -27.8% |
| Suppliers | 440/4 | €135,744 | €98,000 | -€37,743 | -27.8% |
| Taxes, remuneration and social security | 45 | €44,643 | €27,204 | -€17,439 | -39.1% |
| Taxes | 450/3 | €1,502 | €2,279 | +€778 | +51.8% |
| Remuneration and social security | 454/9 | €43,141 | €24,925 | -€18,216 | -42.2% |
| Other amounts payable | 47/48 | €46,746 | €40,831 | -€5,915 | -12.7% |
| Accrued charges and deferred income | 492/3 | €3,849 | €5,407 | +€1,558 | +40.5% |
| Remuneration, social security and pensions | 62 | €238,489 | €226,180 | -€12,309 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,668 | €5,348 | -€320 | -5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,260 | - | -€1,260 | |
| Other operating charges | 640/8 | €1,050 | €1,260 | +€209 | +19.9% |
| Non-recurring operating charges | 66A | €3,611 | - | -€3,611 | |
| Gross operating margin | 9900 | €199,746 | €250,398 | +€50,651 | +25.4% |
| Operating profit (loss) | 9901 | -€50,332 | €17,610 | +€67,942 | |
| Financial income | 75/76B | €94 | €39 | -€55 | -58.8% |
| Recurring financial income | 75 | €94 | €39 | -€55 | -58.8% |
| Financial charges | 65/66B | €10,723 | €10,844 | +€121 | +1.1% |
| Recurring financial charges | 65 | €10,723 | €10,844 | +€121 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | -€60,961 | €6,805 | +€67,766 | |
| Income taxes | 67/77 | €526 | €558 | +€31 | +5.9% |
| Profit (loss) for the period | 9904 | -€61,487 | €6,247 | +€67,735 | |
| Profit (loss) for the period to be appropriated | 9905 | -€61,487 | €6,247 | +€67,735 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.