GREENSWAPP: what changed
Two fiscal 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.
GREENSWAPP
Largest movements
- Tangible fixed assets -€4,827
down €4,827 (-21.8%), from €22,180 to €17,353
- Receivables within one year +€3,472
up €3,472 (+38.0%), from €9,143 to €12,615
of which Trade receivables: +€3,087
- Tax, wage and social debts -€3,659
down €3,659 (-56.0%), from €6,538 to €2,879
- Trade debts +€3,367
up €3,367 (+63.3%), from €5,316 to €8,683
- Other debts -€564
down €564 (-4.2%), from €13,573 to €13,009
- Profit (loss) carried forward -€440
down €440, from €437 to -€3
- Turnover +€26,113
new in 2025: €26,113
- Purchases and services +€17,070
new in 2025: €17,070
- Staff costs -€11,935
no longer reported in 2025 (was €11,935)
- Gross operating margin -€11,206
down €11,206 (-39.0%), from €28,709 to €17,503
- Depreciation +€2,814
up €2,814 (+57.2%), from €4,925 to €7,739
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.
Cash bridge derived
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 | €31,473 | €30,148 | -€1,325 | -4.2% |
| Fixed assets | 21/28 | €22,330 | €17,503 | -€4,827 | -21.6% |
| Tangible fixed assets | 22/27 | €22,180 | €17,353 | -€4,827 | -21.8% |
| Furniture and vehicles | 24 | €22,180 | €17,353 | -€4,827 | -21.8% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €9,143 | €12,645 | +€3,502 | +38.3% |
| Amounts receivable within one year | 40/41 | €9,143 | €12,615 | +€3,472 | +38.0% |
| Trade receivables | 40 | €9,143 | €12,230 | +€3,087 | +33.8% |
| Other amounts receivable | 41 | - | €385 | +€385 | |
| Cash at bank and in hand | 54/58 | - | €30 | +€30 | |
| Total equity and liabilities | 10/49 | €31,473 | €30,148 | -€1,325 | -4.2% |
| Equity | 10/15 | €437 | -€3 | -€440 | |
| Profit (loss) carried forward | 14 | €437 | -€3 | -€440 | |
| Amounts payable | 17/49 | €31,036 | €30,151 | -€885 | -2.9% |
| Amounts payable within one year | 42/48 | €31,036 | €30,151 | -€885 | -2.9% |
| Financial debts | 43 | €29 | - | -€29 | |
| Credit institutions | 430/8 | €29 | - | -€29 | |
| Trade debts | 44 | €5,316 | €8,683 | +€3,367 | +63.3% |
| Suppliers | 440/4 | €5,316 | €8,683 | +€3,367 | +63.3% |
| Advances received on contracts in progress | 46 | €5,580 | €5,580 | +€0 | 0.0% |
| Taxes, remuneration and social security | 45 | €6,538 | €2,879 | -€3,659 | -56.0% |
| Taxes | 450/3 | €6,538 | €2,879 | -€3,659 | -56.0% |
| Other amounts payable | 47/48 | €13,573 | €13,009 | -€564 | -4.2% |
| Turnover | 70 | - | €26,113 | +€26,113 | |
| Non-recurring operating income | 76A | - | €7,418 | +€7,418 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €17,070 | +€17,070 | |
| Remuneration, social security and pensions | 62 | €11,935 | - | -€11,935 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,925 | €7,739 | +€2,814 | +57.2% |
| Other operating charges | 640/8 | €1,135 | €1,593 | +€458 | +40.4% |
| Non-recurring operating charges | 66A | €1,850 | €7,244 | +€5,394 | +291.6% |
| Gross operating margin | 9900 | €28,709 | €17,503 | -€11,206 | -39.0% |
| Operating profit (loss) | 9901 | €8,865 | €927 | -€7,938 | -89.5% |
| Financial charges | 65/66B | €226 | €187 | -€39 | -17.1% |
| Recurring financial charges | 65 | €226 | €187 | -€39 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €8,639 | €740 | -€7,899 | -91.4% |
| Income taxes | 67/77 | €1,555 | €1,179 | -€376 | -24.2% |
| Profit (loss) for the period | 9904 | €7,084 | -€439 | -€7,523 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,084 | -€439 | -€7,523 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.