GREENZONE: 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.
GREENZONE
Largest movements
- Tangible fixed assets -€3,722
down €3,722 (-28.5%), from €13,051 to €9,329
of which Furniture and vehicles: -€3,600
- Receivables within one year +€2,016
up €2,016, from €0 to €2,016
of which Trade receivables: +€1,813
- Other debts +€12,891
up €12,891 (+18.9%), from €68,234 to €81,126
- Trade debts -€11,706
down €11,706 (-93.8%), from €12,475 to €769
- Profit (loss) carried forward -€3,676
down €3,676 (-4.4%), from -€83,335 to -€87,011
- Current portion of long-term debt +€1,954
up €1,954 (+50.9%), from €3,837 to €5,792
- Tax, wage and social debts -€1,171
down €1,171 (-84.2%), from €1,390 to €219
of which Taxes: -€1,390
- Gross operating margin +€2,463
up €2,463 (+113.9%), from €2,162 to €4,625
- Staff costs +€2,044
up €2,044 (+629.6%), from €325 to €2,369
- Depreciation -€484
down €484 (-8.3%), from €5,865 to €5,381
- Other operating charges -€393
down €393 (-53.7%), from €731 to €338
- Financial charges -€83
down €83 (-28.0%), from €295 to €212
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,001 | €13,295 | -€1,706 | -11.4% |
| Fixed assets | 21/28 | €15,001 | €11,279 | -€3,722 | -24.8% |
| Tangible fixed assets | 22/27 | €13,051 | €9,329 | -€3,722 | -28.5% |
| Plant, machinery and equipment | 23 | €3,770 | €3,648 | -€122 | -3.2% |
| Furniture and vehicles | 24 | €9,281 | €5,681 | -€3,600 | -38.8% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €0 | €2,016 | +€2,016 | |
| Amounts receivable within one year | 40/41 | €0 | €2,016 | +€2,016 | |
| Trade receivables | 40 | €0 | €1,813 | +€1,813 | |
| Other amounts receivable | 41 | €0 | €203 | +€203 | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €15,001 | €13,295 | -€1,706 | -11.4% |
| Equity | 10/15 | -€70,935 | -€74,611 | -€3,676 | -5.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,335 | -€87,011 | -€3,676 | -4.4% |
| Amounts payable | 17/49 | €85,936 | €87,906 | +€1,969 | +2.3% |
| Amounts payable within one year | 42/48 | €85,936 | €87,906 | +€1,969 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €3,837 | €5,792 | +€1,954 | +50.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €12,475 | €769 | -€11,706 | -93.8% |
| Suppliers | 440/4 | €12,475 | €769 | -€11,706 | -93.8% |
| Taxes, remuneration and social security | 45 | €1,390 | €219 | -€1,171 | -84.2% |
| Taxes | 450/3 | €1,390 | €0 | -€1,390 | -100.0% |
| Remuneration and social security | 454/9 | - | €219 | +€219 | |
| Other amounts payable | 47/48 | €68,234 | €81,126 | +€12,891 | +18.9% |
| Remuneration, social security and pensions | 62 | €325 | €2,369 | +€2,044 | +629.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,865 | €5,381 | -€484 | -8.3% |
| Other operating charges | 640/8 | €731 | €338 | -€393 | -53.7% |
| Gross operating margin | 9900 | €2,162 | €4,625 | +€2,463 | +113.9% |
| Operating profit (loss) | 9901 | -€4,760 | -€3,463 | +€1,296 | +27.2% |
| Financial income | 75/76B | €39 | €0 | -€39 | -100.0% |
| Recurring financial income | 75 | €39 | €0 | -€39 | -100.0% |
| Financial charges | 65/66B | €295 | €212 | -€83 | -28.0% |
| Recurring financial charges | 65 | €295 | €212 | -€83 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,015 | -€3,676 | +€1,340 | +26.7% |
| Profit (loss) for the period | 9904 | -€5,015 | -€3,676 | +€1,340 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,015 | -€3,676 | +€1,340 | +26.7% |
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 29 September 2026 via checked.be.