LE T.VERT: 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.
LE T.VERT
Largest movements
- Receivables within one year -€7,741
down €7,741 (-66.7%), from €11,606 to €3,865
of which Trade receivables: -€5,368
- Cash +€3,149
up €3,149 (+14.4%), from €21,806 to €24,955
mainly Other debts (+€8,177) and Receivables within one year (+€7,741)
- Tangible fixed assets -€2,588
down €2,588 (-26.0%), from €9,942 to €7,354
of which Other tangible fixed assets: -€2,070
- Stocks and contracts +€1,047
up €1,047 (+75.4%), from €1,389 to €2,437
- Deferred charges and accrued income -€583
down €583 (-55.1%), from €1,058 to €475
- Profit (loss) carried forward -€11,531
down €11,531 (-171%), from -€6,739 to -€18,270
- Other debts +€8,177
up €8,177 (+61.1%), from €13,385 to €21,562
- Trade debts -€6,030
down €6,030 (-57.8%), from €10,442 to €4,412
- Tax, wage and social debts +€2,669
up €2,669 (+48.6%), from €5,488 to €8,157
of which Taxes: +€3,241
- Gross operating margin -€17,853
down €17,853 (-36.0%), from €49,549 to €31,696
- Staff costs +€2,913
up €2,913 (+8.5%), from €34,265 to €37,178
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 | €45,976 | €39,260 | -€6,716 | -14.6% |
| Fixed assets | 21/28 | €10,117 | €7,529 | -€2,588 | -25.6% |
| Tangible fixed assets | 22/27 | €9,942 | €7,354 | -€2,588 | -26.0% |
| Plant, machinery and equipment | 23 | €2,129 | €1,611 | -€518 | -24.3% |
| Other tangible fixed assets | 26 | €7,813 | €5,743 | -€2,070 | -26.5% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €35,859 | €31,732 | -€4,128 | -11.5% |
| Stocks and contracts in progress | 3 | €1,389 | €2,437 | +€1,047 | +75.4% |
| Stocks | 30/36 | €1,389 | €2,437 | +€1,047 | +75.4% |
| Amounts receivable within one year | 40/41 | €11,606 | €3,865 | -€7,741 | -66.7% |
| Trade receivables | 40 | €9,233 | €3,865 | -€5,368 | -58.1% |
| Other amounts receivable | 41 | €2,374 | - | -€2,374 | |
| Cash at bank and in hand | 54/58 | €21,806 | €24,955 | +€3,149 | +14.4% |
| Deferred charges and accrued income | 490/1 | €1,058 | €475 | -€583 | -55.1% |
| Total equity and liabilities | 10/49 | €45,976 | €39,260 | -€6,716 | -14.6% |
| Equity | 10/15 | €16,661 | €5,130 | -€11,531 | -69.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,000 | €11,000 | = | 0.0% |
| Distributable reserves | 133 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,739 | -€18,270 | -€11,531 | -171% |
| Amounts payable | 17/49 | €29,315 | €34,130 | +€4,815 | +16.4% |
| Amounts payable within one year | 42/48 | €29,315 | €34,130 | +€4,815 | +16.4% |
| Trade debts | 44 | €10,442 | €4,412 | -€6,030 | -57.8% |
| Suppliers | 440/4 | €10,442 | €4,412 | -€6,030 | -57.8% |
| Taxes, remuneration and social security | 45 | €5,488 | €8,157 | +€2,669 | +48.6% |
| Taxes | 450/3 | - | €3,241 | +€3,241 | |
| Remuneration and social security | 454/9 | €5,488 | €4,916 | -€572 | -10.4% |
| Other amounts payable | 47/48 | €13,385 | €21,562 | +€8,177 | +61.1% |
| Remuneration, social security and pensions | 62 | €34,265 | €37,178 | +€2,913 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,370 | €2,588 | +€219 | +9.2% |
| Other operating charges | 640/8 | €507 | €949 | +€442 | +87.1% |
| Non-recurring operating charges | 66A | - | €419 | +€419 | |
| Gross operating margin | 9900 | €49,549 | €31,696 | -€17,853 | -36.0% |
| Operating profit (loss) | 9901 | €12,407 | -€9,437 | -€21,845 | |
| Financial income | 75/76B | €6 | €0 | -€6 | -97.8% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -97.8% |
| Financial charges | 65/66B | €2,508 | €2,094 | -€414 | -16.5% |
| Recurring financial charges | 65 | €2,508 | €2,094 | -€414 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €9,906 | -€11,531 | -€21,437 | |
| Profit (loss) for the period | 9904 | €9,906 | -€11,531 | -€21,437 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,906 | -€11,531 | -€21,437 |
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 13 October 2026 via checked.be.