GreenUp: 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.
GreenUp
Largest movements
- Tangible fixed assets -€15,337
down €15,337 (-19.3%), from €79,330 to €63,993
of which Furniture and vehicles: -€9,279
- Intangible fixed assets -€10,000
down €10,000 (-11.0%), from €91,151 to €81,151
- Cash +€4,539
up €4,539 (+244.3%), from €1,858 to €6,397
mainly Depreciation (+€30,973) and Net result for the year (+€30,762)
- Other debts -€45,993
down €45,993 (-33.0%), from €139,229 to €93,236
- Profit (loss) carried forward +€30,762
up €30,762 (+279.9%), from €10,992 to €41,754
- Tax, wage and social debts +€11,463
up €11,463 (+619.9%), from €1,849 to €13,312
- Trade debts -€8,288
down €8,288 (-87.1%), from €9,518 to €1,230
- Debts after one year -€7,576
down €7,576 (-43.2%), from €17,543 to €9,967
- Other operating charges -€47,007
down €47,007 (-97.5%), from €48,224 to €1,217
- Gross operating margin -€9,128
down €9,128 (-10.5%), from €86,559 to €77,431
- Taxes +€8,960
up €8,960 (+484.9%), from €1,848 to €10,808
- Depreciation +€6,705
up €6,705 (+27.6%), from €24,268 to €30,973
- Staff costs +€2,510
new in 2025: €2,510
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 | €188,370 | €169,074 | -€19,296 | -10.2% |
| Fixed assets | 21/28 | €170,481 | €145,354 | -€25,127 | -14.7% |
| Intangible fixed assets | 21 | €91,151 | €81,151 | -€10,000 | -11.0% |
| Tangible fixed assets | 22/27 | €79,330 | €63,993 | -€15,337 | -19.3% |
| Plant, machinery and equipment | 23 | €40,738 | €34,680 | -€6,058 | -14.9% |
| Furniture and vehicles | 24 | €38,592 | €29,313 | -€9,279 | -24.0% |
| Financial fixed assets | 28 | - | €210 | +€210 | |
| Current assets | 29/58 | €17,889 | €23,721 | +€5,832 | +32.6% |
| Amounts receivable within one year | 40/41 | €16,031 | €17,035 | +€1,004 | +6.3% |
| Trade receivables | 40 | €13,263 | €17,035 | +€3,772 | +28.4% |
| Other amounts receivable | 41 | €2,768 | - | -€2,768 | |
| Cash at bank and in hand | 54/58 | €1,858 | €6,397 | +€4,539 | +244.3% |
| Deferred charges and accrued income | 490/1 | - | €289 | +€289 | |
| Total equity and liabilities | 10/49 | €188,370 | €169,074 | -€19,296 | -10.2% |
| Equity | 10/15 | €12,992 | €43,754 | +€30,762 | +236.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,992 | €41,754 | +€30,762 | +279.9% |
| Amounts payable | 17/49 | €175,378 | €125,320 | -€50,058 | -28.5% |
| Amounts payable after more than one year | 17 | €17,543 | €9,967 | -€7,576 | -43.2% |
| Financial debts | 170/4 | €17,543 | €9,967 | -€7,576 | -43.2% |
| Amounts payable within one year | 42/48 | €157,835 | €115,354 | -€42,481 | -26.9% |
| Current portion of amounts payable after more than one year | 42 | €7,239 | €7,576 | +€337 | +4.7% |
| Trade debts | 44 | €9,518 | €1,230 | -€8,288 | -87.1% |
| Suppliers | 440/4 | €9,518 | €1,230 | -€8,288 | -87.1% |
| Taxes, remuneration and social security | 45 | €1,849 | €13,312 | +€11,463 | +619.9% |
| Taxes | 450/3 | €1,849 | €13,312 | +€11,463 | +619.9% |
| Other amounts payable | 47/48 | €139,229 | €93,236 | -€45,993 | -33.0% |
| Remuneration, social security and pensions | 62 | - | €2,510 | +€2,510 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,268 | €30,973 | +€6,705 | +27.6% |
| Other operating charges | 640/8 | €48,224 | €1,217 | -€47,007 | -97.5% |
| Gross operating margin | 9900 | €86,559 | €77,431 | -€9,128 | -10.5% |
| Operating profit (loss) | 9901 | €14,067 | €42,732 | +€28,665 | +203.8% |
| Financial income | 75/76B | €40 | €6 | -€34 | -86.1% |
| Recurring financial income | 75 | €40 | €6 | -€34 | -86.1% |
| Financial charges | 65/66B | €1,267 | €1,167 | -€100 | -7.9% |
| Recurring financial charges | 65 | €1,267 | €1,167 | -€100 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €12,840 | €41,570 | +€28,730 | +223.8% |
| Income taxes | 67/77 | €1,848 | €10,808 | +€8,960 | +484.9% |
| Profit (loss) for the period | 9904 | €10,992 | €30,762 | +€19,770 | +179.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,992 | €30,762 | +€19,770 | +179.9% |
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 9 October 2026 via checked.be.