Grow & Flow Greentech: what changed
Grow & Flow Greentech
Largest movements
- Cash -€306,369
down €306,369 (-75.3%), from €407,086 to €100,717
mainly Trade debts (-€234,278) and Receivables within one year (-€207,073)
- Receivables within one year +€207,073
up €207,073 (+237%), from €87,430 to €294,503
of which Trade receivables: +€204,084
- Tangible fixed assets -€14,438
down €14,438 (-40.5%), from €35,629 to €21,191
of which Furniture and vehicles: -€12,604
- Trade debts -€234,278
down €234,278 (-98.2%), from €238,460 to €4,182
- Profit (loss) carried forward +€87,523
up €87,523 (+36.6%), from €238,813 to €326,336
- Tax, wage and social debts +€33,001
up €33,001 (+71.0%), from €46,448 to €79,449
- Gross operating margin -€58,701
down €58,701 (-30.2%), from €194,300 to €135,598
- Taxes -€15,044
down €15,044 (-32.3%), from €46,507 to €31,463
- Depreciation +€10,591
up €10,591 (+275%), from €3,847 to €14,438
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €530,144 | €416,411 | -€113,733 | -21.5% |
| Fixed assets | 21/28 | €35,629 | €21,191 | -€14,438 | -40.5% |
| Tangible fixed assets | 22/27 | €35,629 | €21,191 | -€14,438 | -40.5% |
| Plant, machinery and equipment | 23 | €5,042 | €3,208 | -€1,833 | -36.4% |
| Furniture and vehicles | 24 | €30,587 | €17,983 | -€12,604 | -41.2% |
| Current assets | 29/58 | €494,515 | €395,220 | -€99,296 | -20.1% |
| Amounts receivable within one year | 40/41 | €87,430 | €294,503 | +€207,073 | +237% |
| Trade receivables | 40 | €15,448 | €219,533 | +€204,084 | +1,321% |
| Other amounts receivable | 41 | €71,982 | €74,970 | +€2,989 | +4.2% |
| Cash at bank and in hand | 54/58 | €407,086 | €100,717 | -€306,369 | -75.3% |
| Total equity and liabilities | 10/49 | €530,144 | €416,411 | -€113,733 | -21.5% |
| Equity | 10/15 | €243,813 | €331,336 | +€87,523 | +35.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €238,813 | €326,336 | +€87,523 | +36.6% |
| Amounts payable | 17/49 | €286,332 | €85,075 | -€201,256 | -70.3% |
| Amounts payable within one year | 42/48 | €286,332 | €85,075 | -€201,256 | -70.3% |
| Trade debts | 44 | €238,460 | €4,182 | -€234,278 | -98.2% |
| Suppliers | 440/4 | €238,460 | €4,182 | -€234,278 | -98.2% |
| Taxes, remuneration and social security | 45 | €46,448 | €79,449 | +€33,001 | +71.0% |
| Taxes | 450/3 | €46,448 | €79,449 | +€33,001 | +71.0% |
| Other amounts payable | 47/48 | €1,424 | €1,445 | +€21 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,847 | €14,438 | +€10,591 | +275% |
| Other operating charges | 640/8 | €872 | €2,089 | +€1,216 | +139% |
| Gross operating margin | 9900 | €194,300 | €135,598 | -€58,701 | -30.2% |
| Operating profit (loss) | 9901 | €189,581 | €119,072 | -€70,509 | -37.2% |
| Financial income | 75/76B | €197 | €197 | -€0 | -0.1% |
| Recurring financial income | 75 | €197 | €197 | -€0 | -0.1% |
| Financial charges | 65/66B | €58 | €283 | +€225 | +389% |
| Recurring financial charges | 65 | €58 | €283 | +€225 | +389% |
| Profit (loss) for the period before taxes | 9903 | €189,720 | €118,986 | -€70,734 | -37.3% |
| Income taxes | 67/77 | €46,507 | €31,463 | -€15,044 | -32.3% |
| Profit (loss) for the period | 9904 | €143,213 | €87,523 | -€55,690 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €143,213 | €87,523 | -€55,690 | -38.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.