GREENWISH CARE: what changed
GREENWISH CARE
Largest movements
- Receivables within one year +€174,565
new in 2024: €174,565
- Cash -€99,983
down €99,983 (-93.5%), from €106,987 to €7,004
mainly Receivables within one year (-€174,565)
- Tangible fixed assets -€6,258
down €6,258 (-41.6%), from €15,055 to €8,797
- Formation expenses +€2,000
new in 2024: €2,000
- Reserves +€31,300
up €31,300 (+136%), from €22,948 to €54,248
of which Distributable reserves: +€31,300
- Tax, wage and social debts +€16,717
up €16,717 (+116%), from €14,435 to €31,152
of which Remuneration and social security: +€13,342
- Current portion of long-term debt +€13,084
new in 2024: €13,084
- Other debts +€4,700
up €4,700 (+23.5%), from €20,000 to €24,700
- Debts after one year +€4,500
new in 2024: €4,500
- Gross operating margin +€42,903
up €42,903 (+72.4%), from €59,271 to €102,174
- Staff costs +€28,373
up €28,373 (+127%), from €22,275 to €50,648
- Taxes +€16,063
up €16,063 (+232%), from €6,937 to €23,000
- Depreciation -€9,120
down €9,120 (-88.5%), from €10,306 to €1,186
- Financial income +€3,779
up €3,779 (+115%), from €3,297 to €7,076
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,042 | €192,365 | +€70,323 | +57.6% |
| Formation expenses | 20 | - | €2,000 | +€2,000 | |
| Fixed assets | 21/28 | €15,055 | €8,797 | -€6,258 | -41.6% |
| Tangible fixed assets | 22/27 | €15,055 | €8,797 | -€6,258 | -41.6% |
| Furniture and vehicles | 24 | €15,055 | €8,797 | -€6,258 | -41.6% |
| Current assets | 29/58 | €106,987 | €181,568 | +€74,581 | +69.7% |
| Amounts receivable within one year | 40/41 | - | €174,565 | +€174,565 | |
| Other amounts receivable | 41 | - | €174,565 | +€174,565 | |
| Cash at bank and in hand | 54/58 | €106,987 | €7,004 | -€99,983 | -93.5% |
| Total equity and liabilities | 10/49 | €122,042 | €192,365 | +€70,323 | +57.6% |
| Equity | 10/15 | €57,607 | €88,930 | +€31,323 | +54.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €22,948 | €54,248 | +€31,300 | +136% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €22,748 | €54,048 | +€31,300 | +138% |
| Profit (loss) carried forward | 14 | €32,659 | €32,682 | +€23 | +0.1% |
| Amounts payable | 17/49 | €64,435 | €103,435 | +€39,000 | +60.5% |
| Amounts payable after more than one year | 17 | - | €4,500 | +€4,500 | |
| Financial debts | 170/4 | - | €4,500 | +€4,500 | |
| Amounts payable within one year | 42/48 | €64,435 | €98,935 | +€34,500 | +53.5% |
| Current portion of amounts payable after more than one year | 42 | - | €13,084 | +€13,084 | |
| Trade debts | 44 | €30,000 | €30,000 | = | 0.0% |
| Suppliers | 440/4 | €30,000 | €30,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €14,435 | €31,152 | +€16,717 | +116% |
| Taxes | 450/3 | €10,701 | €14,076 | +€3,375 | +31.5% |
| Remuneration and social security | 454/9 | €3,734 | €17,076 | +€13,342 | +357% |
| Other amounts payable | 47/48 | €20,000 | €24,700 | +€4,700 | +23.5% |
| Non-recurring operating income | 76A | - | €25,890 | +€25,890 | |
| Remuneration, social security and pensions | 62 | €22,275 | €50,648 | +€28,373 | +127% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,306 | €1,186 | -€9,120 | -88.5% |
| Other operating charges | 640/8 | - | €1,306 | +€1,306 | |
| Gross operating margin | 9900 | €59,271 | €102,174 | +€42,903 | +72.4% |
| Operating profit (loss) | 9901 | €26,690 | €49,034 | +€22,344 | +83.7% |
| Financial income | 75/76B | €3,297 | €7,076 | +€3,779 | +115% |
| Recurring financial income | 75 | €3,297 | €7,076 | +€3,779 | +115% |
| Financial charges | 65/66B | €302 | €1,787 | +€1,485 | +492% |
| Recurring financial charges | 65 | €302 | €1,787 | +€1,485 | +492% |
| Profit (loss) for the period before taxes | 9903 | €29,685 | €54,323 | +€24,638 | +83.0% |
| Income taxes | 67/77 | €6,937 | €23,000 | +€16,063 | +232% |
| Profit (loss) for the period | 9904 | €22,748 | €31,323 | +€8,575 | +37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,748 | €31,323 | +€8,575 | +37.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.