MF GreenSupport: 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.
MF GreenSupport
Largest movements
- Cash +€80,835
up €80,835 (+297%), from €27,244 to €108,079
mainly Other debts (+€53,030) and Net result for the year (+€24,735)
- Tangible fixed assets -€18,167
down €18,167 (-30.7%), from €59,177 to €41,010
of which Plant, machinery and equipment: -€13,167
- Receivables within one year -€9,553
down €9,553 (-33.7%), from €28,317 to €18,764
of which Trade receivables: -€10,484
- Trade debts -€53,065
down €53,065 (-77.6%), from €68,426 to €15,361
- Other debts +€53,030
up €53,030 (+1,233%), from €4,300 to €57,330
- Reserves +€24,735
up €24,735 (+80.0%), from €30,922 to €55,656
- Tax, wage and social debts +€14,712
up €14,712 (+184%), from €7,990 to €22,702
- Current portion of long-term debt +€7,343
new in 2025: €7,343
- Depreciation +€12,343
up €12,343 (+212%), from €5,823 to €18,167
- Gross operating margin +€9,176
up €9,176 (+20.4%), from €45,000 to €54,176
- Financial charges +€4,110
up €4,110 (+3,574%), from €115 to €4,225
- Taxes -€1,490
down €1,490 (-18.6%), from €7,990 to €6,500
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 | €114,738 | €167,853 | +€53,115 | +46.3% |
| Fixed assets | 21/28 | €59,177 | €41,010 | -€18,167 | -30.7% |
| Tangible fixed assets | 22/27 | €59,177 | €41,010 | -€18,167 | -30.7% |
| Plant, machinery and equipment | 23 | €45,779 | €32,613 | -€13,167 | -28.8% |
| Furniture and vehicles | 24 | €13,397 | €8,397 | -€5,000 | -37.3% |
| Current assets | 29/58 | €55,561 | €126,843 | +€71,282 | +128% |
| Amounts receivable within one year | 40/41 | €28,317 | €18,764 | -€9,553 | -33.7% |
| Trade receivables | 40 | €28,317 | €17,833 | -€10,484 | -37.0% |
| Other amounts receivable | 41 | - | €931 | +€931 | |
| Cash at bank and in hand | 54/58 | €27,244 | €108,079 | +€80,835 | +297% |
| Total equity and liabilities | 10/49 | €114,738 | €167,853 | +€53,115 | +46.3% |
| Equity | 10/15 | €34,022 | €58,756 | +€24,735 | +72.7% |
| Contributions | 10/11 | €3,100 | €3,100 | = | 0.0% |
| Reserves | 13 | €30,922 | €55,656 | +€24,735 | +80.0% |
| Distributable reserves | 133 | €30,922 | €55,656 | +€24,735 | +80.0% |
| Amounts payable | 17/49 | €80,716 | €109,097 | +€28,381 | +35.2% |
| Amounts payable after more than one year | 17 | - | €6,362 | +€6,362 | |
| Financial debts | 170/4 | - | €6,362 | +€6,362 | |
| Amounts payable within one year | 42/48 | €80,716 | €102,735 | +€22,019 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | - | €7,343 | +€7,343 | |
| Trade debts | 44 | €68,426 | €15,361 | -€53,065 | -77.6% |
| Suppliers | 440/4 | €68,426 | €15,361 | -€53,065 | -77.6% |
| Taxes, remuneration and social security | 45 | €7,990 | €22,702 | +€14,712 | +184% |
| Taxes | 450/3 | €7,990 | €22,702 | +€14,712 | +184% |
| Other amounts payable | 47/48 | €4,300 | €57,330 | +€53,030 | +1,233% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,823 | €18,167 | +€12,343 | +212% |
| Other operating charges | 640/8 | €150 | €550 | +€400 | +266% |
| Gross operating margin | 9900 | €45,000 | €54,176 | +€9,176 | +20.4% |
| Operating profit (loss) | 9901 | €39,027 | €35,459 | -€3,567 | -9.1% |
| Financial charges | 65/66B | €115 | €4,225 | +€4,110 | +3,574% |
| Recurring financial charges | 65 | €115 | €4,225 | +€4,110 | +3,574% |
| Profit (loss) for the period before taxes | 9903 | €38,912 | €31,235 | -€7,677 | -19.7% |
| Income taxes | 67/77 | €7,990 | €6,500 | -€1,490 | -18.6% |
| Profit (loss) for the period | 9904 | €30,922 | €24,735 | -€6,187 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,922 | €24,735 | -€6,187 | -20.0% |
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 29 October 2026 via checked.be.