GREENWIND: 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.
GREENWIND
Largest movements
- Cash -€14,598
down €14,598 (-12.3%), from €118,687 to €104,089
mainly Contributions, distributions and other (-€49,419) and Advances received (-€15,942)
- Receivables within one year +€4,673
up €4,673 (+9.8%), from €47,671 to €52,344
of which Trade receivables: +€3,909
- Advances received -€15,942
no longer reported in 2025 (was €15,942)
- Other debts +€3,735
up €3,735 (+3.4%), from €109,331 to €113,066
- Trade debts +€1,823
up €1,823 (+11.3%), from €16,091 to €17,914
- Gross operating margin -€3,163
down €3,163 (-4.6%), from €68,902 to €65,740
- Financial charges -€2,320
down €2,320 (-56.0%), from €4,139 to €1,819
- Taxes -€723
down €723 (-6.0%), from €12,104 to €11,381
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 | €172,950 | €162,225 | -€10,725 | -6.2% |
| Fixed assets | 21/28 | €4,618 | €4,733 | +€115 | +2.5% |
| Tangible fixed assets | 22/27 | €4,064 | €4,179 | +€115 | +2.8% |
| Furniture and vehicles | 24 | €4,064 | €4,179 | +€115 | +2.8% |
| Financial fixed assets | 28 | €554 | €554 | = | 0.0% |
| Current assets | 29/58 | €168,331 | €157,492 | -€10,840 | -6.4% |
| Amounts receivable within one year | 40/41 | €47,671 | €52,344 | +€4,673 | +9.8% |
| Trade receivables | 40 | €44,025 | €47,934 | +€3,909 | +8.9% |
| Other amounts receivable | 41 | €3,646 | €4,409 | +€764 | +20.9% |
| Cash at bank and in hand | 54/58 | €118,687 | €104,089 | -€14,598 | -12.3% |
| Deferred charges and accrued income | 490/1 | €1,974 | €1,059 | -€915 | -46.3% |
| Total equity and liabilities | 10/49 | €172,950 | €162,225 | -€10,725 | -6.2% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €152,490 | €141,765 | -€10,725 | -7.0% |
| Amounts payable within one year | 42/48 | €152,490 | €141,765 | -€10,725 | -7.0% |
| Trade debts | 44 | €16,091 | €17,914 | +€1,823 | +11.3% |
| Suppliers | 440/4 | €16,091 | €17,914 | +€1,823 | +11.3% |
| Advances received on contracts in progress | 46 | €15,942 | - | -€15,942 | |
| Taxes, remuneration and social security | 45 | €11,126 | €10,784 | -€342 | -3.1% |
| Taxes | 450/3 | €11,126 | €10,784 | -€342 | -3.1% |
| Other amounts payable | 47/48 | €109,331 | €113,066 | +€3,735 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,136 | €2,719 | +€583 | +27.3% |
| Other operating charges | 640/8 | €1,340 | €968 | -€372 | -27.7% |
| Gross operating margin | 9900 | €68,902 | €65,740 | -€3,163 | -4.6% |
| Operating profit (loss) | 9901 | €65,427 | €62,053 | -€3,374 | -5.2% |
| Financial income | 75/76B | €466 | €566 | +€100 | +21.6% |
| Recurring financial income | 75 | €466 | €566 | +€100 | +21.6% |
| Financial charges | 65/66B | €4,139 | €1,819 | -€2,320 | -56.0% |
| Recurring financial charges | 65 | €4,139 | €1,819 | -€2,320 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | €61,753 | €60,800 | -€954 | -1.5% |
| Income taxes | 67/77 | €12,104 | €11,381 | -€723 | -6.0% |
| Profit (loss) for the period | 9904 | €49,650 | €49,419 | -€231 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,650 | €49,419 | -€231 | -0.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.