GREENSIDE MANAGEMENT: 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.
GREENSIDE MANAGEMENT
Largest movements
- Cash +€77,031
up €77,031 (+245%), from €31,505 to €108,536
mainly Net result for the year (+€110,547) and Other debts (+€107,756)
- Receivables within one year -€45,295
down €45,295 (-89.6%), from €50,526 to €5,231
of which Trade receivables: -€48,043
- Tangible fixed assets -€7,441
down €7,441 (-21.2%), from €35,045 to €27,604
of which Furniture and vehicles: -€8,021
- Deferred charges and accrued income -€1,722
down €1,722 (-81.9%), from €2,102 to €380
- Other debts +€107,756
up €107,756 (+3,176%), from €3,393 to €111,149
- Profit (loss) carried forward -€89,597
down €89,597 (-93.1%), from €96,262 to €6,665
- Tax, wage and social debts +€3,845
up €3,845 (+26.6%), from €14,437 to €18,282
of which Taxes: +€3,845
- Taxes +€5,235
up €5,235 (+19.0%), from €27,517 to €32,752
- Gross operating margin +€2,743
up €2,743 (+1.8%), from €150,590 to €153,332
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 | €119,178 | €141,751 | +€22,573 | +18.9% |
| Fixed assets | 21/28 | €35,045 | €27,604 | -€7,441 | -21.2% |
| Tangible fixed assets | 22/27 | €35,045 | €27,604 | -€7,441 | -21.2% |
| Plant, machinery and equipment | 23 | €95 | €676 | +€580 | +609% |
| Furniture and vehicles | 24 | €34,949 | €26,928 | -€8,021 | -23.0% |
| Current assets | 29/58 | €84,133 | €114,147 | +€30,014 | +35.7% |
| Amounts receivable within one year | 40/41 | €50,526 | €5,231 | -€45,295 | -89.6% |
| Trade receivables | 40 | €48,043 | €0 | -€48,043 | -100% |
| Other amounts receivable | 41 | €2,483 | €5,231 | +€2,748 | +111% |
| Cash at bank and in hand | 54/58 | €31,505 | €108,536 | +€77,031 | +245% |
| Deferred charges and accrued income | 490/1 | €2,102 | €380 | -€1,722 | -81.9% |
| Total equity and liabilities | 10/49 | €119,178 | €141,751 | +€22,573 | +18.9% |
| Equity | 10/15 | €101,262 | €11,665 | -€89,597 | -88.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,262 | €6,665 | -€89,597 | -93.1% |
| Amounts payable | 17/49 | €17,916 | €130,086 | +€112,170 | +626% |
| Amounts payable within one year | 42/48 | €17,916 | €130,086 | +€112,170 | +626% |
| Trade debts | 44 | €86 | €655 | +€570 | +663% |
| Suppliers | 440/4 | €86 | €655 | +€570 | +663% |
| Taxes, remuneration and social security | 45 | €14,437 | €18,282 | +€3,845 | +26.6% |
| Taxes | 450/3 | €14,437 | €18,282 | +€3,845 | +26.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,393 | €111,149 | +€107,756 | +3,176% |
| Remuneration, social security and pensions | 62 | €16 | €0 | -€16 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,439 | €8,137 | -€301 | -3.6% |
| Other operating charges | 640/8 | €2,836 | €1,699 | -€1,137 | -40.1% |
| Non-recurring operating charges | 66A | €18,221 | €0 | -€18,221 | -100% |
| Gross operating margin | 9900 | €150,590 | €153,332 | +€2,743 | +1.8% |
| Operating profit (loss) | 9901 | €121,077 | €143,496 | +€22,419 | +18.5% |
| Financial income | 75/76B | €9 | €0 | -€9 | -100% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100% |
| Financial charges | 65/66B | €258 | €197 | -€61 | -23.8% |
| Recurring financial charges | 65 | €258 | €197 | -€61 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €120,828 | €143,300 | +€22,471 | +18.6% |
| Income taxes | 67/77 | €27,517 | €32,752 | +€5,235 | +19.0% |
| Profit (loss) for the period | 9904 | €93,311 | €110,547 | +€17,236 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €93,311 | €110,547 | +€17,236 | +18.5% |
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 23 October 2026 via checked.be.