GREENTEC: 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.
GREENTEC
Largest movements
- Receivables within one year +€12,808
up €12,808 (+247%), from €5,180 to €17,988
of which Other amounts receivable: +€17,983
- Cash -€10,108
down €10,108 (-93.1%), from €10,852 to €744
mainly Receivables within one year (-€12,808) and Advances received (-€7,948)
- Tangible fixed assets -€650
down €650 (-41.9%), from €1,553 to €903
- Trade debts +€12,380
up €12,380 (+4,105%), from €302 to €12,681
- Advances received -€7,948
down €7,948 (-100%), from €7,948 to €0
- Other debts -€1,246
down €1,246 (-100%), from €1,246 to €0
- Profit (loss) carried forward -€787
down €787 (-72.5%), from €1,086 to €299
- Tax, wage and social debts -€349
down €349 (-17.4%), from €2,004 to €1,655
- Gross operating margin +€3,815
up €3,815, from -€3,771 to €44
- Financial income +€948
up €948 (+9,470%), from €10 to €958
- Other operating charges +€795
up €795 (+1,246%), from €64 to €859
- Depreciation +€252
up €252 (+63.4%), from €398 to €650
- Staff costs +€238
up €238, from €0 to €238
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 | €17,585 | €19,635 | +€2,050 | +11.7% |
| Fixed assets | 21/28 | €1,553 | €903 | -€650 | -41.9% |
| Tangible fixed assets | 22/27 | €1,553 | €903 | -€650 | -41.9% |
| Furniture and vehicles | 24 | €1,553 | €903 | -€650 | -41.9% |
| Current assets | 29/58 | €16,032 | €18,732 | +€2,700 | +16.8% |
| Amounts receivable within one year | 40/41 | €5,180 | €17,988 | +€12,808 | +247% |
| Trade receivables | 40 | €5,180 | €5 | -€5,175 | -99.9% |
| Other amounts receivable | 41 | - | €17,983 | +€17,983 | |
| Cash at bank and in hand | 54/58 | €10,852 | €744 | -€10,108 | -93.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €17,585 | €19,635 | +€2,050 | +11.7% |
| Equity | 10/15 | €6,086 | €5,299 | -€787 | -12.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,086 | €299 | -€787 | -72.5% |
| Amounts payable | 17/49 | €11,500 | €14,336 | +€2,837 | +24.7% |
| Amounts payable within one year | 42/48 | €11,500 | €14,336 | +€2,837 | +24.7% |
| Trade debts | 44 | €302 | €12,681 | +€12,380 | +4,105% |
| Suppliers | 440/4 | €302 | €12,681 | +€12,380 | +4,105% |
| Advances received on contracts in progress | 46 | €7,948 | €0 | -€7,948 | -100% |
| Taxes, remuneration and social security | 45 | €2,004 | €1,655 | -€349 | -17.4% |
| Taxes | 450/3 | €2,004 | €1,655 | -€349 | -17.4% |
| Other amounts payable | 47/48 | €1,246 | €0 | -€1,246 | -100% |
| Remuneration, social security and pensions | 62 | €0 | €238 | +€238 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €398 | €650 | +€252 | +63.4% |
| Other operating charges | 640/8 | €64 | €859 | +€795 | +1,246% |
| Non-recurring operating charges | 66A | €833 | €0 | -€833 | -100% |
| Gross operating margin | 9900 | -€3,771 | €44 | +€3,815 | |
| Operating profit (loss) | 9901 | -€5,066 | -€1,702 | +€3,364 | +66.4% |
| Financial income | 75/76B | €10 | €958 | +€948 | +9,470% |
| Recurring financial income | 75 | €10 | €958 | +€948 | +9,470% |
| Financial charges | 65/66B | €143 | €42 | -€101 | -70.5% |
| Recurring financial charges | 65 | €143 | €42 | -€101 | -70.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,200 | -€787 | +€4,413 | +84.9% |
| Income taxes | 67/77 | €5 | €0 | -€5 | -100% |
| Profit (loss) for the period | 9904 | -€5,205 | -€787 | +€4,418 | +84.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,205 | -€787 | +€4,418 | +84.9% |
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 13 October 2026 via checked.be.