MANAGE 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.
MANAGE GREEN
Largest movements
- Cash -€49,561
down €49,561 (-72.2%), from €68,659 to €19,099
mainly Other debts (-€63,950) and Contributions, distributions and other (-€20,000)
- Tangible fixed assets -€12,019
down €12,019 (-63.4%), from €18,955 to €6,936
of which Furniture and vehicles: -€11,888
- Receivables within one year -€5,363
down €5,363 (-56.5%), from €9,495 to €4,132
of which Other amounts receivable: -€5,634
- Current investments -€3,600
no longer reported in 2025 (was €3,600)
- Other debts -€63,950
no longer reported in 2025 (was €63,950)
- Reserves -€4,881
down €4,881 (-47.0%), from €10,380 to €5,499
- Current portion of long-term debt -€4,210
no longer reported in 2025 (was €4,210)
- Tax, wage and social debts +€1,558
up €1,558 (+29.6%), from €5,260 to €6,818
- Gross operating margin -€69,014
down €69,014 (-66.6%), from €103,642 to €34,627
- Taxes -€14,099
down €14,099 (-70.1%), from €20,118 to €6,019
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 | €102,912 | €32,001 | -€70,911 | -68.9% |
| Fixed assets | 21/28 | €19,318 | €7,299 | -€12,019 | -62.2% |
| Tangible fixed assets | 22/27 | €18,955 | €6,936 | -€12,019 | -63.4% |
| Furniture and vehicles | 24 | €18,244 | €6,356 | -€11,888 | -65.2% |
| Other tangible fixed assets | 26 | €712 | €580 | -€132 | -18.5% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €83,594 | €24,702 | -€58,892 | -70.5% |
| Amounts receivable within one year | 40/41 | €9,495 | €4,132 | -€5,363 | -56.5% |
| Trade receivables | 40 | €89 | €360 | +€271 | +303% |
| Other amounts receivable | 41 | €9,405 | €3,771 | -€5,634 | -59.9% |
| Current investments | 50/53 | €3,600 | - | -€3,600 | |
| Cash at bank and in hand | 54/58 | €68,659 | €19,099 | -€49,561 | -72.2% |
| Deferred charges and accrued income | 490/1 | €1,840 | €1,471 | -€369 | -20.0% |
| Total equity and liabilities | 10/49 | €102,912 | €32,001 | -€70,911 | -68.9% |
| Equity | 10/15 | €28,980 | €24,099 | -€4,881 | -16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,380 | €5,499 | -€4,881 | -47.0% |
| Distributable reserves | 133 | €10,380 | €5,499 | -€4,881 | -47.0% |
| Amounts payable | 17/49 | €73,932 | €7,902 | -€66,030 | -89.3% |
| Amounts payable within one year | 42/48 | €73,932 | €7,902 | -€66,030 | -89.3% |
| Current portion of amounts payable after more than one year | 42 | €4,210 | - | -€4,210 | |
| Trade debts | 44 | €512 | €1,085 | +€572 | +112% |
| Suppliers | 440/4 | €512 | €1,085 | +€572 | +112% |
| Taxes, remuneration and social security | 45 | €5,260 | €6,818 | +€1,558 | +29.6% |
| Taxes | 450/3 | €5,260 | €6,818 | +€1,558 | +29.6% |
| Other amounts payable | 47/48 | €63,950 | - | -€63,950 | |
| Remuneration, social security and pensions | 62 | €14 | €170 | +€156 | +1,142% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,445 | €12,019 | -€426 | -3.4% |
| Other operating charges | 640/8 | €980 | €1,031 | +€51 | +5.2% |
| Gross operating margin | 9900 | €103,642 | €34,627 | -€69,014 | -66.6% |
| Operating profit (loss) | 9901 | €90,203 | €21,408 | -€68,795 | -76.3% |
| Financial income | 75/76B | €42 | €123 | +€81 | +192% |
| Recurring financial income | 75 | €42 | €123 | +€81 | +192% |
| Financial charges | 65/66B | €183 | €393 | +€209 | +114% |
| Recurring financial charges | 65 | €183 | €393 | +€209 | +114% |
| Profit (loss) for the period before taxes | 9903 | €90,062 | €21,138 | -€68,924 | -76.5% |
| Income taxes | 67/77 | €20,118 | €6,019 | -€14,099 | -70.1% |
| Profit (loss) for the period | 9904 | €69,944 | €15,119 | -€54,826 | -78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €69,944 | €15,119 | -€54,826 | -78.4% |
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 23 October 2026 via checked.be.