Greentime.nu: 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.
Greentime.nu
Largest movements
- Cash +€19,997
up €19,997 (+27.4%), from €72,990 to €92,987
mainly Net result for the year (+€20,817) and Depreciation (+€16,006)
- Tangible fixed assets -€15,606
down €15,606 (-30.2%), from €51,694 to €36,088
of which Plant, machinery and equipment: -€11,506
- Stocks and contracts +€12,157
new in 2025: €12,157
- Receivables within one year +€9,228
up €9,228 (+29.3%), from €31,493 to €40,721
of which Other amounts receivable: +€7,522
- Reserves +€20,817
up €20,817 (+21.7%), from €95,756 to €116,573
- Trade debts +€8,909
up €8,909 (+26.8%), from €33,252 to €42,161
- Debts after one year -€6,469
down €6,469 (-34.0%), from €19,005 to €12,536
- Gross operating margin +€16,033
up €16,033 (+12.9%), from €124,421 to €140,454
- Staff costs +€13,160
up €13,160 (+16.0%), from €82,075 to €95,235
- Depreciation +€9,847
up €9,847 (+160%), from €6,160 to €16,006
- Taxes -€2,054
down €2,054 (-26.3%), from €7,819 to €5,765
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 | €156,775 | €182,150 | +€25,375 | +16.2% |
| Fixed assets | 21/28 | €52,291 | €36,285 | -€16,006 | -30.6% |
| Intangible fixed assets | 21 | €597 | €197 | -€400 | -67.0% |
| Tangible fixed assets | 22/27 | €51,694 | €36,088 | -€15,606 | -30.2% |
| Plant, machinery and equipment | 23 | €44,379 | €32,873 | -€11,506 | -25.9% |
| Furniture and vehicles | 24 | €7,315 | €3,215 | -€4,100 | -56.0% |
| Current assets | 29/58 | €104,483 | €145,865 | +€41,381 | +39.6% |
| Stocks and contracts in progress | 3 | - | €12,157 | +€12,157 | |
| Contracts in progress | 37 | - | €12,157 | +€12,157 | |
| Amounts receivable within one year | 40/41 | €31,493 | €40,721 | +€9,228 | +29.3% |
| Trade receivables | 40 | €23,777 | €25,484 | +€1,706 | +7.2% |
| Other amounts receivable | 41 | €7,716 | €15,237 | +€7,522 | +97.5% |
| Cash at bank and in hand | 54/58 | €72,990 | €92,987 | +€19,997 | +27.4% |
| Total equity and liabilities | 10/49 | €156,775 | €182,150 | +€25,375 | +16.2% |
| Equity | 10/15 | €98,256 | €119,073 | +€20,817 | +21.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €95,756 | €116,573 | +€20,817 | +21.7% |
| Distributable reserves | 133 | €95,756 | €116,573 | +€20,817 | +21.7% |
| Amounts payable | 17/49 | €58,519 | €63,077 | +€4,558 | +7.8% |
| Amounts payable after more than one year | 17 | €19,005 | €12,536 | -€6,469 | -34.0% |
| Financial debts | 170/4 | €19,005 | €12,536 | -€6,469 | -34.0% |
| Amounts payable within one year | 42/48 | €39,514 | €50,542 | +€11,027 | +27.9% |
| Current portion of amounts payable after more than one year | 42 | €6,222 | €6,469 | +€247 | +4.0% |
| Trade debts | 44 | €33,252 | €42,161 | +€8,909 | +26.8% |
| Suppliers | 440/4 | €33,252 | €42,161 | +€8,909 | +26.8% |
| Taxes, remuneration and social security | 45 | €0 | €765 | +€765 | |
| Taxes | 450/3 | €0 | €765 | +€765 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €41 | €1,146 | +€1,105 | +2,712% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €82,075 | €95,235 | +€13,160 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,160 | €16,006 | +€9,847 | +160% |
| Other operating charges | 640/8 | €779 | €1,341 | +€562 | +72.1% |
| Gross operating margin | 9900 | €124,421 | €140,454 | +€16,033 | +12.9% |
| Operating profit (loss) | 9901 | €35,407 | €27,872 | -€7,536 | -21.3% |
| Financial income | 75/76B | €93 | €60 | -€32 | -34.8% |
| Recurring financial income | 75 | €93 | €60 | -€32 | -34.8% |
| Financial charges | 65/66B | €972 | €1,350 | +€377 | +38.8% |
| Recurring financial charges | 65 | €972 | €1,350 | +€377 | +38.8% |
| Profit (loss) for the period before taxes | 9903 | €34,528 | €26,583 | -€7,945 | -23.0% |
| Income taxes | 67/77 | €7,819 | €5,765 | -€2,054 | -26.3% |
| Profit (loss) for the period | 9904 | €26,708 | €20,817 | -€5,891 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,708 | €20,817 | -€5,891 | -22.1% |
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 29 October 2026 via checked.be.