GROENE VAERT BEHEER: 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.
GROENE VAERT BEHEER
Largest movements
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Cash +€97,958
up €97,958 (+1,123%), from €8,720 to €106,678
mainly Current investments (+€100,000) and Net result for the year (+€13,704)
- Receivables within one year +€12,913
up €12,913 (+18.4%), from €70,037 to €82,950
of which Other amounts receivable: +€9,102
- Tangible fixed assets -€11,184
down €11,184 (-20.2%), from €55,451 to €44,267
of which Furniture and vehicles: -€10,625
- Reserves +€13,704
up €13,704 (+6.3%), from €215,847 to €229,551
of which Distributable reserves: +€13,704
- Tax, wage and social debts -€7,927
down €7,927 (-40.2%), from €19,730 to €11,804
- Trade debts -€4,440
down €4,440 (-89.8%), from €4,943 to €504
- Depreciation +€10,716
up €10,716 (+2,293%), from €467 to €11,184
- Gross operating margin -€8,079
down €8,079 (-20.4%), from €39,694 to €31,615
- Taxes -€5,087
down €5,087 (-38.9%), from €13,073 to €7,986
- Other operating charges -€2,875
down €2,875 (-80.6%), from €3,567 to €693
- Financial income -€1,851
down €1,851 (-44.9%), from €4,122 to €2,271
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 | €252,921 | €254,259 | +€1,338 | +0.5% |
| Fixed assets | 21/28 | €70,451 | €59,267 | -€11,184 | -15.9% |
| Tangible fixed assets | 22/27 | €55,451 | €44,267 | -€11,184 | -20.2% |
| Plant, machinery and equipment | 23 | €2,764 | €2,205 | -€559 | -20.2% |
| Furniture and vehicles | 24 | €52,687 | €42,063 | -€10,625 | -20.2% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €182,470 | €194,991 | +€12,522 | +6.9% |
| Amounts receivable within one year | 40/41 | €70,037 | €82,950 | +€12,913 | +18.4% |
| Trade receivables | 40 | €8,177 | €11,988 | +€3,811 | +46.6% |
| Other amounts receivable | 41 | €61,860 | €70,963 | +€9,102 | +14.7% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €8,720 | €106,678 | +€97,958 | +1,123% |
| Deferred charges and accrued income | 490/1 | €3,713 | €5,363 | +€1,650 | +44.4% |
| Total equity and liabilities | 10/49 | €252,921 | €254,259 | +€1,338 | +0.5% |
| Equity | 10/15 | €228,247 | €241,951 | +€13,704 | +6.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €215,847 | €229,551 | +€13,704 | +6.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €213,987 | €227,691 | +€13,704 | +6.4% |
| Amounts payable | 17/49 | €24,673 | €12,307 | -€12,366 | -50.1% |
| Amounts payable within one year | 42/48 | €24,673 | €12,307 | -€12,366 | -50.1% |
| Trade debts | 44 | €4,943 | €504 | -€4,440 | -89.8% |
| Suppliers | 440/4 | €4,943 | €504 | -€4,440 | -89.8% |
| Taxes, remuneration and social security | 45 | €19,730 | €11,804 | -€7,927 | -40.2% |
| Taxes | 450/3 | €19,730 | €11,804 | -€7,927 | -40.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €467 | €11,184 | +€10,716 | +2,293% |
| Other operating charges | 640/8 | €3,567 | €693 | -€2,875 | -80.6% |
| Gross operating margin | 9900 | €39,694 | €31,615 | -€8,079 | -20.4% |
| Operating profit (loss) | 9901 | €35,660 | €19,738 | -€15,921 | -44.6% |
| Financial income | 75/76B | €4,122 | €2,271 | -€1,851 | -44.9% |
| Recurring financial income | 75 | €4,122 | €2,271 | -€1,851 | -44.9% |
| Financial charges | 65/66B | €142 | €320 | +€177 | +124% |
| Recurring financial charges | 65 | €142 | €320 | +€177 | +124% |
| Profit (loss) for the period before taxes | 9903 | €39,639 | €21,690 | -€17,949 | -45.3% |
| Income taxes | 67/77 | €13,073 | €7,986 | -€5,087 | -38.9% |
| Profit (loss) for the period | 9904 | €26,566 | €13,704 | -€12,862 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,566 | €13,704 | -€12,862 | -48.4% |
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 28 October 2026 via checked.be.