JM GREENSOLUTIONS: 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.
JM GREENSOLUTIONS
Largest movements
- Tangible fixed assets +€52,071
up €52,071 (+154.2%), from €33,758 to €85,829
of which Furniture and vehicles: +€62,071
- Receivables within one year +€5,031
up €5,031 (+21.5%), from €23,361 to €28,391
of which Other amounts receivable: +€3,956
- Cash +€4,139
up €4,139 (+33.0%), from €12,550 to €16,689
mainly Debts after one year (+€31,810) and Net result for the year (+€21,797)
- Deferred charges and accrued income +€1,721
up €1,721 (+23.7%), from €7,254 to €8,974
- Debts after one year +€31,810
up €31,810 (+13538.9%), from €235 to €32,045
- Other debts +€16,509
up €16,509 (+171.2%), from €9,642 to €26,151
- Current portion of long-term debt +€6,697
up €6,697 (+240.1%), from €2,789 to €9,486
- Trade debts +€6,612
up €6,612 (+180.3%), from €3,668 to €10,279
- Reserves +€1,797
up €1,797 (+3.1%), from €57,951 to €59,747
- Gross operating margin +€12,778
up €12,778 (+15.2%), from €84,111 to €96,889
- Staff costs +€3,791
up €3,791 (+9.4%), from €40,245 to €44,037
- Taxes +€2,810
up €2,810 (+96.5%), from €2,912 to €5,722
- Financial charges +€1,817
up €1,817 (+923.8%), from €197 to €2,014
- Depreciation +€1,311
up €1,311 (+6.9%), from €18,917 to €20,228
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 | €76,923 | €139,884 | +€62,961 | +81.9% |
| Fixed assets | 21/28 | €33,758 | €85,829 | +€52,071 | +154.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €33,758 | €85,829 | +€52,071 | +154.2% |
| Land and buildings | 22 | €2,241 | €1,358 | -€882 | -39.4% |
| Plant, machinery and equipment | 23 | €24,403 | €15,286 | -€9,117 | -37.4% |
| Furniture and vehicles | 24 | €7,114 | €69,185 | +€62,071 | +872.5% |
| Current assets | 29/58 | €43,165 | €54,055 | +€10,890 | +25.2% |
| Amounts receivable within one year | 40/41 | €23,361 | €28,391 | +€5,031 | +21.5% |
| Trade receivables | 40 | €20,371 | €21,446 | +€1,075 | +5.3% |
| Other amounts receivable | 41 | €2,990 | €6,946 | +€3,956 | +132.3% |
| Cash at bank and in hand | 54/58 | €12,550 | €16,689 | +€4,139 | +33.0% |
| Deferred charges and accrued income | 490/1 | €7,254 | €8,974 | +€1,721 | +23.7% |
| Total equity and liabilities | 10/49 | €76,923 | €139,884 | +€62,961 | +81.9% |
| Equity | 10/15 | €58,951 | €60,747 | +€1,797 | +3.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €57,951 | €59,747 | +€1,797 | +3.1% |
| Distributable reserves | 133 | €57,951 | €59,747 | +€1,797 | +3.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,972 | €79,137 | +€61,165 | +340.3% |
| Amounts payable after more than one year | 17 | €235 | €32,045 | +€31,810 | +13538.9% |
| Financial debts | 170/4 | €235 | €32,045 | +€31,810 | +13538.9% |
| Amounts payable within one year | 42/48 | €17,737 | €47,092 | +€29,355 | +165.5% |
| Current portion of amounts payable after more than one year | 42 | €2,789 | €9,486 | +€6,697 | +240.1% |
| Trade debts | 44 | €3,668 | €10,279 | +€6,612 | +180.3% |
| Suppliers | 440/4 | €3,668 | €10,279 | +€6,612 | +180.3% |
| Taxes, remuneration and social security | 45 | €1,638 | €1,176 | -€462 | -28.2% |
| Taxes | 450/3 | €1,160 | €315 | -€845 | -72.8% |
| Remuneration and social security | 454/9 | €478 | €861 | +€383 | +80.0% |
| Other amounts payable | 47/48 | €9,642 | €26,151 | +€16,509 | +171.2% |
| Non-recurring operating income | 76A | - | €10,185 | +€10,185 | |
| Remuneration, social security and pensions | 62 | €40,245 | €44,037 | +€3,791 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,917 | €20,228 | +€1,311 | +6.9% |
| Other operating charges | 640/8 | €3,318 | €3,091 | -€226 | -6.8% |
| Gross operating margin | 9900 | €84,111 | €96,889 | +€12,778 | +15.2% |
| Operating profit (loss) | 9901 | €21,631 | €29,533 | +€7,902 | +36.5% |
| Financial charges | 65/66B | €197 | €2,014 | +€1,817 | +923.8% |
| Recurring financial charges | 65 | €197 | €2,014 | +€1,817 | +923.8% |
| Profit (loss) for the period before taxes | 9903 | €21,434 | €27,519 | +€6,085 | +28.4% |
| Income taxes | 67/77 | €2,912 | €5,722 | +€2,810 | +96.5% |
| Profit (loss) for the period | 9904 | €18,522 | €21,797 | +€3,274 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,522 | €21,797 | +€3,274 | +17.7% |
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 9 October 2026 via checked.be.