NPG GREEN II: 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.
NPG GREEN II
Largest movements
- Tangible fixed assets -€135,185
down €135,185 (-14.3%), from €946,955 to €811,770
of which Leasing and similar rights: -€133,782
- Receivables within one year -€60,958
down €60,958 (-41.3%), from €147,629 to €86,671
of which Other amounts receivable: -€60,006
- Debts after one year -€164,098
down €164,098 (-97.0%), from €169,251 to €5,153
- Other debts -€70,000
down €70,000 (-58.3%), from €120,000 to €50,000
- Profit (loss) carried forward +€46,406
up €46,406 (+18.7%), from €248,737 to €295,143
- Current portion of long-term debt -€21,221
down €21,221 (-11.5%), from €185,319 to €164,098
- Gross operating margin -€53,774
down €53,774 (-16.1%), from €333,841 to €280,066
- Taxes -€12,911
down €12,911 (-28.7%), from €45,047 to €32,135
- Financial charges -€6,239
down €6,239 (-27.1%), from €23,032 to €16,793
- Financial income -€4,079
down €4,079 (-72.9%), from €5,593 to €1,514
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,113,891 | €918,216 | -€195,675 | -17.6% |
| Fixed assets | 21/28 | €947,955 | €812,770 | -€135,185 | -14.3% |
| Tangible fixed assets | 22/27 | €946,955 | €811,770 | -€135,185 | -14.3% |
| Plant, machinery and equipment | 23 | €10,000 | €8,597 | -€1,402 | -14.0% |
| Leasing and similar rights | 25 | €936,955 | €803,173 | -€133,782 | -14.3% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €165,937 | €105,446 | -€60,491 | -36.5% |
| Amounts receivable within one year | 40/41 | €147,629 | €86,671 | -€60,958 | -41.3% |
| Trade receivables | 40 | €12,953 | €12,001 | -€952 | -7.3% |
| Other amounts receivable | 41 | €134,676 | €74,670 | -€60,006 | -44.6% |
| Deferred charges and accrued income | 490/1 | €18,308 | €18,775 | +€467 | +2.6% |
| Total equity and liabilities | 10/49 | €1,113,891 | €918,216 | -€195,675 | -17.6% |
| Equity | 10/15 | €622,737 | €669,143 | +€46,406 | +7.5% |
| Contributions | 10/11 | €340,000 | €340,000 | = | 0.0% |
| Capital | 10 | €340,000 | €340,000 | = | 0.0% |
| Issued capital | 100 | €340,000 | €340,000 | = | 0.0% |
| Reserves | 13 | €34,000 | €34,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €34,000 | €34,000 | = | 0.0% |
| Legal reserve | 130 | €34,000 | €34,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €248,737 | €295,143 | +€46,406 | +18.7% |
| Amounts payable | 17/49 | €491,155 | €249,073 | -€242,082 | -49.3% |
| Amounts payable after more than one year | 17 | €169,251 | €5,153 | -€164,098 | -97.0% |
| Financial debts | 170/4 | €169,251 | €5,153 | -€164,098 | -97.0% |
| Amounts payable within one year | 42/48 | €321,904 | €243,920 | -€77,984 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €185,319 | €164,098 | -€21,221 | -11.5% |
| Trade debts | 44 | €11,538 | €17,687 | +€6,148 | +53.3% |
| Suppliers | 440/4 | €11,538 | €17,687 | +€6,148 | +53.3% |
| Taxes, remuneration and social security | 45 | €5,047 | €12,135 | +€7,089 | +140% |
| Taxes | 450/3 | €5,047 | €12,135 | +€7,089 | +140% |
| Other amounts payable | 47/48 | €120,000 | €50,000 | -€70,000 | -58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,185 | €135,185 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,030 | €1,060 | +€31 | +3.0% |
| Gross operating margin | 9900 | €333,841 | €280,066 | -€53,774 | -16.1% |
| Operating profit (loss) | 9901 | €197,626 | €143,821 | -€53,805 | -27.2% |
| Financial income | 75/76B | €5,593 | €1,514 | -€4,079 | -72.9% |
| Recurring financial income | 75 | €5,593 | €1,514 | -€4,079 | -72.9% |
| Financial charges | 65/66B | €23,032 | €16,793 | -€6,239 | -27.1% |
| Recurring financial charges | 65 | €23,032 | €16,793 | -€6,239 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €180,187 | €128,542 | -€51,646 | -28.7% |
| Income taxes | 67/77 | €45,047 | €32,135 | -€12,911 | -28.7% |
| Profit (loss) for the period | 9904 | €135,141 | €96,406 | -€38,734 | -28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €135,141 | €96,406 | -€38,734 | -28.7% |
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 1 November 2026 via checked.be.