LEAF GREEN: 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.
LEAF GREEN
Largest movements
- Current investments +€235,982
up €235,982 (+188.8%), from €124,999 to €360,981
- Cash -€69,191
down €69,191 (-41.8%), from €165,351 to €96,160
mainly Current investments (-€235,982) and Investment in fixed assets (net) (-€50,720)
- Receivables within one year -€24,096
down €24,096 (-53.1%), from €45,364 to €21,269
- Tangible fixed assets +€22,974
up €22,974 (+58.9%), from €38,990 to €61,964
of which Furniture and vehicles: +€35,193
- Profit (loss) carried forward +€94,977
up €94,977 (+31.9%), from €297,337 to €392,314
- Tax, wage and social debts +€38,268
up €38,268 (+130.4%), from €29,341 to €67,609
of which Taxes: +€38,082
- Debts after one year +€29,492
up €29,492 (+922.7%), from €3,196 to €32,688
- Staff costs -€25,879
down €25,879 (-41.1%), from €63,007 to €37,129
- Gross operating margin -€12,928
down €12,928 (-6.5%), from €199,072 to €186,143
- Taxes +€9,335
up €9,335 (+49.1%), from €19,010 to €28,345
- Financial income +€5,971
new in 2025: €5,971
- Depreciation -€5,433
down €5,433 (-15.7%), from €34,629 to €29,196
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 | €382,742 | €548,287 | +€165,545 | +43.3% |
| Fixed assets | 21/28 | €46,240 | €67,764 | +€21,524 | +46.5% |
| Intangible fixed assets | 21 | €7,250 | €5,800 | -€1,450 | -20.0% |
| Tangible fixed assets | 22/27 | €38,990 | €61,964 | +€22,974 | +58.9% |
| Plant, machinery and equipment | 23 | €17,902 | €5,683 | -€12,219 | -68.3% |
| Furniture and vehicles | 24 | €21,088 | €56,281 | +€35,193 | +166.9% |
| Current assets | 29/58 | €336,502 | €480,524 | +€144,021 | +42.8% |
| Amounts receivable within one year | 40/41 | €45,364 | €21,269 | -€24,096 | -53.1% |
| Trade receivables | 40 | €45,364 | €21,269 | -€24,096 | -53.1% |
| Current investments | 50/53 | €124,999 | €360,981 | +€235,982 | +188.8% |
| Cash at bank and in hand | 54/58 | €165,351 | €96,160 | -€69,191 | -41.8% |
| Deferred charges and accrued income | 490/1 | €788 | €2,114 | +€1,326 | +168.3% |
| Total equity and liabilities | 10/49 | €382,742 | €548,287 | +€165,545 | +43.3% |
| Equity | 10/15 | €301,337 | €396,314 | +€94,977 | +31.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €297,337 | €392,314 | +€94,977 | +31.9% |
| Amounts payable | 17/49 | €81,405 | €151,973 | +€70,568 | +86.7% |
| Amounts payable after more than one year | 17 | €3,196 | €32,688 | +€29,492 | +922.7% |
| Financial debts | 170/4 | €3,196 | €32,688 | +€29,492 | +922.7% |
| Amounts payable within one year | 42/48 | €78,209 | €119,285 | +€41,076 | +52.5% |
| Current portion of amounts payable after more than one year | 42 | €10,968 | €11,874 | +€906 | +8.3% |
| Trade debts | 44 | €5,577 | €10,479 | +€4,902 | +87.9% |
| Suppliers | 440/4 | €5,577 | €10,479 | +€4,902 | +87.9% |
| Advances received on contracts in progress | 46 | €2,520 | €2,520 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €29,341 | €67,609 | +€38,268 | +130.4% |
| Taxes | 450/3 | €21,988 | €60,070 | +€38,082 | +173.2% |
| Remuneration and social security | 454/9 | €7,352 | €7,539 | +€186 | +2.5% |
| Other amounts payable | 47/48 | €29,803 | €26,803 | -€3,000 | -10.1% |
| Non-recurring operating income | 76A | - | €19,425 | +€19,425 | |
| Remuneration, social security and pensions | 62 | €63,007 | €37,129 | -€25,879 | -41.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,629 | €29,196 | -€5,433 | -15.7% |
| Other operating charges | 640/8 | €844 | €773 | -€71 | -8.4% |
| Non-recurring operating charges | 66A | €1,305 | - | -€1,305 | |
| Gross operating margin | 9900 | €199,072 | €186,143 | -€12,928 | -6.5% |
| Operating profit (loss) | 9901 | €99,286 | €119,045 | +€19,759 | +19.9% |
| Financial income | 75/76B | - | €5,971 | +€5,971 | |
| Recurring financial income | 75 | - | €5,971 | +€5,971 | |
| Financial charges | 65/66B | €760 | €1,694 | +€934 | +123.0% |
| Recurring financial charges | 65 | €760 | €1,694 | +€934 | +123.0% |
| Profit (loss) for the period before taxes | 9903 | €98,526 | €123,322 | +€24,796 | +25.2% |
| Income taxes | 67/77 | €19,010 | €28,345 | +€9,335 | +49.1% |
| Profit (loss) for the period | 9904 | €79,516 | €94,977 | +€15,461 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €79,516 | €94,977 | +€15,461 | +19.4% |
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 9 October 2026 via checked.be.