Greenscape Studio: 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 Studio
Largest movements
- Cash +€32,023
up €32,023 (+41.3%), from €77,485 to €109,508
mainly Receivables within one year (+€28,610) and Net result for the year (+€18,089)
- Receivables within one year -€28,610
down €28,610 (-95.3%), from €30,026 to €1,416
of which Trade receivables: -€23,729
- Tangible fixed assets -€7,318
down €7,318 (-31.4%), from €23,289 to €15,971
of which Furniture and vehicles: -€7,025
- Reserves +€18,089
up €18,089 (+25.2%), from €71,822 to €89,911
- Tax, wage and social debts -€9,177
down €9,177 (-55.8%), from €16,453 to €7,276
- Current portion of long-term debt -€6,973
no longer reported in 2025 (was €6,973)
- Other debts -€5,918
down €5,918 (-16.0%), from €36,896 to €30,978
- Gross operating margin +€7,046
up €7,046 (+20.4%), from €34,587 to €41,633
- Taxes +€2,993
up €2,993 (+47.6%), from €6,282 to €9,276
- Depreciation +€718
up €718 (+6.9%), from €10,455 to €11,173
- Financial charges -€700
down €700 (-21.7%), from €3,223 to €2,524
- Financial income -€453
down €453 (-99.9%), from €453 to €1
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 | €133,230 | €129,776 | -€3,454 | -2.6% |
| Formation expenses | 20 | €490 | €306 | -€184 | -37.5% |
| Fixed assets | 21/28 | €23,289 | €15,971 | -€7,318 | -31.4% |
| Tangible fixed assets | 22/27 | €23,289 | €15,971 | -€7,318 | -31.4% |
| Plant, machinery and equipment | 23 | €4,979 | €5,397 | +€418 | +8.4% |
| Furniture and vehicles | 24 | €16,052 | €9,027 | -€7,025 | -43.8% |
| Other tangible fixed assets | 26 | €2,258 | €1,547 | -€711 | -31.5% |
| Current assets | 29/58 | €109,451 | €113,499 | +€4,048 | +3.7% |
| Amounts receivable within one year | 40/41 | €30,026 | €1,416 | -€28,610 | -95.3% |
| Trade receivables | 40 | €24,423 | €694 | -€23,729 | -97.2% |
| Other amounts receivable | 41 | €5,603 | €722 | -€4,881 | -87.1% |
| Cash at bank and in hand | 54/58 | €77,485 | €109,508 | +€32,023 | +41.3% |
| Deferred charges and accrued income | 490/1 | €1,940 | €2,575 | +€635 | +32.7% |
| Total equity and liabilities | 10/49 | €133,230 | €129,776 | -€3,454 | -2.6% |
| Equity | 10/15 | €71,822 | €89,911 | +€18,089 | +25.2% |
| Reserves | 13 | €71,822 | €89,911 | +€18,089 | +25.2% |
| Distributable reserves | 133 | €71,822 | €89,911 | +€18,089 | +25.2% |
| Amounts payable | 17/49 | €61,408 | €39,865 | -€21,543 | -35.1% |
| Amounts payable within one year | 42/48 | €61,363 | €39,865 | -€21,498 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €6,973 | - | -€6,973 | |
| Trade debts | 44 | €1,041 | €1,611 | +€570 | +54.8% |
| Suppliers | 440/4 | €1,041 | €1,611 | +€570 | +54.8% |
| Taxes, remuneration and social security | 45 | €16,453 | €7,276 | -€9,177 | -55.8% |
| Taxes | 450/3 | €16,453 | €7,276 | -€9,177 | -55.8% |
| Other amounts payable | 47/48 | €36,896 | €30,978 | -€5,918 | -16.0% |
| Accrued charges and deferred income | 492/3 | €45 | - | -€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,455 | €11,173 | +€718 | +6.9% |
| Other operating charges | 640/8 | €325 | €573 | +€248 | +76.3% |
| Gross operating margin | 9900 | €34,587 | €41,633 | +€7,046 | +20.4% |
| Operating profit (loss) | 9901 | €23,808 | €29,888 | +€6,081 | +25.5% |
| Financial income | 75/76B | €453 | €1 | -€453 | -99.9% |
| Recurring financial income | 75 | €453 | €1 | -€453 | -99.9% |
| Financial charges | 65/66B | €3,223 | €2,524 | -€700 | -21.7% |
| Recurring financial charges | 65 | €3,223 | €2,524 | -€700 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €21,038 | €27,365 | +€6,327 | +30.1% |
| Income taxes | 67/77 | €6,282 | €9,276 | +€2,993 | +47.6% |
| Profit (loss) for the period | 9904 | €14,756 | €18,089 | +€3,334 | +22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,756 | €18,089 | +€3,334 | +22.6% |
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 25 October 2026 via checked.be.