Greenway Logistics: 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.
Greenway Logistics
Largest movements
- Receivables within one year -€4,058
down €4,058 (-9.0%), from €44,962 to €40,904
of which Trade receivables: -€3,917
- Cash -€2,332
down €2,332 (-7.7%), from €30,119 to €27,787
mainly Tax, wage and social debts (-€2,448) and Trade debts (-€2,169)
- Tax, wage and social debts -€2,448
down €2,448 (-92.1%), from €2,657 to €209
- Trade debts -€2,169
down €2,169 (-8.0%), from €27,216 to €25,047
- Reserves -€1,754
down €1,754 (-6.6%), from €26,639 to €24,885
- Write-downs +€7,079
new in 2025: €7,079
- Gross operating margin -€5,404
down €5,404 (-28.9%), from €18,672 to €13,268
- Taxes -€4,471
down €4,471 (-100%), from €4,471 to €0
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 | €75,081 | €68,691 | -€6,390 | -8.5% |
| Current assets | 29/58 | €75,081 | €68,691 | -€6,390 | -8.5% |
| Amounts receivable within one year | 40/41 | €44,962 | €40,904 | -€4,058 | -9.0% |
| Trade receivables | 40 | €34,193 | €30,275 | -€3,917 | -11.5% |
| Other amounts receivable | 41 | €10,770 | €10,629 | -€141 | -1.3% |
| Cash at bank and in hand | 54/58 | €30,119 | €27,787 | -€2,332 | -7.7% |
| Total equity and liabilities | 10/49 | €75,081 | €68,691 | -€6,390 | -8.5% |
| Equity | 10/15 | €45,189 | €43,435 | -€1,754 | -3.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €26,639 | €24,885 | -€1,754 | -6.6% |
| Distributable reserves | 133 | €26,639 | €24,885 | -€1,754 | -6.6% |
| Amounts payable | 17/49 | €29,892 | €25,256 | -€4,636 | -15.5% |
| Amounts payable within one year | 42/48 | €29,873 | €25,256 | -€4,617 | -15.5% |
| Trade debts | 44 | €27,216 | €25,047 | -€2,169 | -8.0% |
| Suppliers | 440/4 | €27,216 | €25,047 | -€2,169 | -8.0% |
| Taxes, remuneration and social security | 45 | €2,657 | €209 | -€2,448 | -92.1% |
| Taxes | 450/3 | €2,657 | €209 | -€2,448 | -92.1% |
| Accrued charges and deferred income | 492/3 | €19 | €0 | -€19 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,079 | +€7,079 | |
| Other operating charges | 640/8 | €665 | €682 | +€17 | +2.6% |
| Non-recurring operating charges | 66A | - | €7,000 | +€7,000 | |
| Gross operating margin | 9900 | €18,672 | €13,268 | -€5,404 | -28.9% |
| Operating profit (loss) | 9901 | €18,006 | -€1,493 | -€19,500 | |
| Financial income | 75/76B | €67 | €1 | -€66 | -98.5% |
| Recurring financial income | 75 | €67 | €1 | -€66 | -98.5% |
| Financial charges | 65/66B | €329 | €262 | -€67 | -20.4% |
| Recurring financial charges | 65 | €329 | €262 | -€67 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €17,744 | -€1,754 | -€19,498 | |
| Income taxes | 67/77 | €4,471 | €0 | -€4,471 | -100% |
| Profit (loss) for the period | 9904 | €13,273 | -€1,754 | -€15,027 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,273 | -€1,754 | -€15,027 |
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 25 October 2026 via checked.be.