GREENSOMES: 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.
GREENSOMES
Largest movements
- Cash -€72,743
down €72,743 (-32.2%), from €225,872 to €153,129
mainly Tax, wage and social debts (-€69,809) and Other debts (-€46,404)
- Receivables within one year +€33,416
up €33,416 (+54.0%), from €61,856 to €95,272
of which Other amounts receivable: +€32,837
- Tangible fixed assets -€7,259
down €7,259 (-11.8%), from €61,516 to €54,257
of which Plant, machinery and equipment: -€6,769
- Tax, wage and social debts -€69,809
down €69,809 (-47.0%), from €148,514 to €78,705
of which Taxes: -€61,562
- Reserves +€58,533
up €58,533 (+48.9%), from €119,633 to €178,167
of which Distributable reserves: +€58,533
- Other debts -€46,404
no longer reported in 2024 (was €46,404)
- Trade debts +€12,947
up €12,947 (+39.2%), from €33,052 to €45,998
- Gross operating margin -€69,988
down €69,988 (-20.4%), from €342,372 to €272,383
- Staff costs -€18,184
down €18,184 (-9.4%), from €194,183 to €175,999
- Taxes -€11,843
down €11,843 (-32.5%), from €36,426 to €24,584
- Depreciation -€3,769
down €3,769 (-24.3%), from €15,533 to €11,764
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.
Cash bridge derived
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 | €353,811 | €309,078 | -€44,733 | -12.6% |
| Fixed assets | 21/28 | €61,516 | €54,257 | -€7,259 | -11.8% |
| Tangible fixed assets | 22/27 | €61,516 | €54,257 | -€7,259 | -11.8% |
| Plant, machinery and equipment | 23 | €33,928 | €27,159 | -€6,769 | -20.0% |
| Furniture and vehicles | 24 | €27,588 | €22,594 | -€4,994 | -18.1% |
| Other tangible fixed assets | 26 | - | €4,505 | +€4,505 | |
| Current assets | 29/58 | €292,295 | €254,821 | -€37,474 | -12.8% |
| Amounts receivable within one year | 40/41 | €61,856 | €95,272 | +€33,416 | +54.0% |
| Trade receivables | 40 | €61,348 | €61,927 | +€579 | +0.9% |
| Other amounts receivable | 41 | €508 | €33,345 | +€32,837 | +6458.8% |
| Cash at bank and in hand | 54/58 | €225,872 | €153,129 | -€72,743 | -32.2% |
| Deferred charges and accrued income | 490/1 | €4,567 | €6,419 | +€1,853 | +40.6% |
| Total equity and liabilities | 10/49 | €353,811 | €309,078 | -€44,733 | -12.6% |
| Equity | 10/15 | €125,841 | €184,375 | +€58,533 | +46.5% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Reserves | 13 | €119,633 | €178,167 | +€58,533 | +48.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,025 | €24,025 | = | 0.0% |
| Distributable reserves | 133 | €93,748 | €152,282 | +€58,533 | +62.4% |
| Amounts payable | 17/49 | €227,970 | €124,704 | -€103,266 | -45.3% |
| Amounts payable within one year | 42/48 | €227,970 | €124,704 | -€103,266 | -45.3% |
| Trade debts | 44 | €33,052 | €45,998 | +€12,947 | +39.2% |
| Suppliers | 440/4 | €33,052 | €45,998 | +€12,947 | +39.2% |
| Taxes, remuneration and social security | 45 | €148,514 | €78,705 | -€69,809 | -47.0% |
| Taxes | 450/3 | €126,420 | €64,858 | -€61,562 | -48.7% |
| Remuneration and social security | 454/9 | €22,094 | €13,847 | -€8,247 | -37.3% |
| Other amounts payable | 47/48 | €46,404 | - | -€46,404 | |
| Non-recurring operating income | 76A | - | €1,498 | +€1,498 | |
| Remuneration, social security and pensions | 62 | €194,183 | €175,999 | -€18,184 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,533 | €11,764 | -€3,769 | -24.3% |
| Other operating charges | 640/8 | €1,067 | €955 | -€111 | -10.4% |
| Gross operating margin | 9900 | €342,372 | €272,383 | -€69,988 | -20.4% |
| Operating profit (loss) | 9901 | €131,589 | €83,665 | -€47,924 | -36.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €865 | €548 | -€317 | -36.7% |
| Recurring financial charges | 65 | €865 | €548 | -€317 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €130,724 | €83,117 | -€47,607 | -36.4% |
| Income taxes | 67/77 | €36,426 | €24,584 | -€11,843 | -32.5% |
| Profit (loss) for the period | 9904 | €94,297 | €58,533 | -€35,764 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €94,297 | €58,533 | -€35,764 | -37.9% |
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 12 October 2026 via checked.be.