Greenscape by Max: what changed
What changed
Greenscape by Max
NACE 81.300, Landscape service activities
filed annual accounts (NBB)
Net result for the year
-€6,402
2024 · €370-€6,772
Equity
€3,105
2024 · €9,507-€6,402
Cash
€4,412
2024 · €3,534+€878
Balance sheet total
€59,492
2024 · €18,460+€41,032
Largest movements
Assets
- Tangible fixed assets +€40,401
up €40,401 (+334%), from €12,110 to €52,512
of which Furniture and vehicles: +€40,814
- Cash +€878
up €878 (+24.8%), from €3,534 to €4,412
mainly Debts after one year (+€30,235) and Depreciation (+€9,179)
Equity and liabilities
- Debts after one year +€30,235
new in 2025: €30,235
- Other debts +€8,634
up €8,634 (+150%), from €5,741 to €14,375
- Current portion of long-term debt +€8,361
new in 2025: €8,361
- Profit (loss) carried forward -€6,402
down €6,402 (-135%), from -€4,753 to -€11,155
Income statement
- Depreciation +€6,760
up €6,760 (+279%), from €2,419 to €9,179
- Financial charges +€1,315
up €1,315 (+1,195%), from €110 to €1,425
- Gross operating margin +€1,039
up €1,039 (+24.7%), from €4,206 to €5,245
- Taxes -€832
down €832 (-86.0%), from €967 to €135
- Other operating charges +€619
up €619 (+182%), from €340 to €959
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€370
Gross operating margin
+€1,039
Depreciation
-€6,760
Other operating charges
-€619
Financial income
+€50
Financial charges
-€1,315
Taxes
+€832
Result 2025
-€6,402
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€11,841
Investment
-€49,560
Financing
+€38,596
Cash 2024
€3,534
From operations (derived)
+€11,841
Net result for the year
-€6,402
Depreciation
+€9,179
Receivables within one year
+€320
Smaller working-capital items
-€219
Other debts
+€8,634
Accrued charges and deferred income
+€330
Investment (derived)
-€49,560
Investment in fixed assets (net)
-€49,560
Financing
+€38,596
Debts after one year
+€30,235
Current portion of long-term debt
+€8,361
Cash 2025
€4,412
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,460 | €59,492 | +€41,032 | +222% |
| Fixed assets | 21/28 | €12,195 | €52,577 | +€40,381 | +331% |
| Intangible fixed assets | 21 | €85 | €65 | -€20 | -23.5% |
| Tangible fixed assets | 22/27 | €12,110 | €52,512 | +€40,401 | +334% |
| Plant, machinery and equipment | 23 | €3,814 | €3,402 | -€413 | -10.8% |
| Furniture and vehicles | 24 | €8,296 | €49,110 | +€40,814 | +492% |
| Current assets | 29/58 | €6,265 | €6,915 | +€650 | +10.4% |
| Amounts receivable within one year | 40/41 | €2,571 | €2,251 | -€320 | -12.4% |
| Trade receivables | 40 | €2,571 | €2,251 | -€320 | -12.4% |
| Cash at bank and in hand | 54/58 | €3,534 | €4,412 | +€878 | +24.8% |
| Deferred charges and accrued income | 490/1 | €160 | €252 | +€92 | +57.8% |
| Total equity and liabilities | 10/49 | €18,460 | €59,492 | +€41,032 | +222% |
| Equity | 10/15 | €9,507 | €3,105 | -€6,402 | -67.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,753 | -€11,155 | -€6,402 | -135% |
| Amounts payable | 17/49 | €8,953 | €56,387 | +€47,434 | +530% |
| Amounts payable after more than one year | 17 | - | €30,235 | +€30,235 | |
| Financial debts | 170/4 | - | €30,235 | +€30,235 | |
| Amounts payable within one year | 42/48 | €8,953 | €25,822 | +€16,869 | +188% |
| Current portion of amounts payable after more than one year | 42 | - | €8,361 | +€8,361 | |
| Trade debts | 44 | €752 | €689 | -€63 | -8.4% |
| Suppliers | 440/4 | €752 | €689 | -€63 | -8.4% |
| Taxes, remuneration and social security | 45 | €2,460 | €2,396 | -€64 | -2.6% |
| Taxes | 450/3 | €1,358 | €1,814 | +€456 | +33.6% |
| Remuneration and social security | 454/9 | €1,102 | €582 | -€519 | -47.1% |
| Other amounts payable | 47/48 | €5,741 | €14,375 | +€8,634 | +150% |
| Accrued charges and deferred income | 492/3 | - | €330 | +€330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,419 | €9,179 | +€6,760 | +279% |
| Other operating charges | 640/8 | €340 | €959 | +€619 | +182% |
| Gross operating margin | 9900 | €4,206 | €5,245 | +€1,039 | +24.7% |
| Operating profit (loss) | 9901 | €1,447 | -€4,893 | -€6,339 | |
| Financial income | 75/76B | - | €50 | +€50 | |
| Recurring financial income | 75 | - | €50 | +€50 | |
| Financial charges | 65/66B | €110 | €1,425 | +€1,315 | +1,195% |
| Recurring financial charges | 65 | €110 | €1,425 | +€1,315 | +1,195% |
| Profit (loss) for the period before taxes | 9903 | €1,337 | -€6,267 | -€7,604 | |
| Income taxes | 67/77 | €967 | €135 | -€832 | -86.0% |
| Profit (loss) for the period | 9904 | €370 | -€6,402 | -€6,772 | |
| Profit (loss) for the period to be appropriated | 9905 | €370 | -€6,402 | -€6,772 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.