OLOR VERDE: 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.
What changed
OLOR VERDE
NACE 47.761, Retail sale of flowers, plants, seeds and fertilisers
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€56,669
2023 · -€76,512+€133,182
Equity
-€181,760
2023 · -€238,429+€56,669
Cash
€45,003
2023 · €8,780+€36,223
Balance sheet total
€555,713
2023 · €522,273+€33,440
Largest movements
Assets
- Cash +€36,223
up €36,223 (+413%), from €8,780 to €45,003
mainly Net result for the year (+€56,669) and Depreciation (+€35,433)
Equity and liabilities
- Profit (loss) carried forward +€56,669
up €56,669 (+18.6%), from -€304,553 to -€247,883
- Debts after one year -€30,538
down €30,538 (-9.7%), from €316,247 to €285,709
Income statement
- Gross operating margin +€123,883
up €123,883, from -€13,326 to €110,558
- Financial charges -€6,087
down €6,087 (-28.1%), from €21,697 to €15,610
- Depreciation -€2,371
down €2,371 (-6.3%), from €37,805 to €35,433
From the 2023 result to the 2024 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.
Result 2023
-€76,512
Gross operating margin
+€123,883
Depreciation
+€2,371
Other operating charges
+€841
Financial income
-€1
Financial charges
+€6,087
Result 2024
€56,669
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€106,560
Investment
-€34,456
Financing
-€35,881
Cash 2023
€8,780
From operations (derived)
+€106,560
Net result for the year
+€56,669
Depreciation
+€35,433
Receivables within one year
+€1,806
Trade debts
+€3,685
Tax, wage and social debts
+€2,210
Other debts
+€3,756
Accrued charges and deferred income
+€3,000
Investment (derived)
-€34,456
Investment in fixed assets (net)
-€34,456
Financing
-€35,881
Debts after one year
-€30,538
Current portion of long-term debt
-€5,343
Cash 2024
€45,003
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €522,273 | €555,713 | +€33,440 | +6.4% |
| Fixed assets | 21/28 | €411,294 | €410,317 | -€977 | -0.2% |
| Tangible fixed assets | 22/27 | €411,294 | €410,317 | -€977 | -0.2% |
| Land and buildings | 22 | €404,752 | €376,227 | -€28,525 | -7.0% |
| Plant, machinery and equipment | 23 | €1,350 | €2,812 | +€1,462 | +108% |
| Furniture and vehicles | 24 | - | €31,278 | +€31,278 | |
| Leasing and similar rights | 25 | €5,192 | €0 | -€5,192 | -100% |
| Current assets | 29/58 | €110,979 | €145,396 | +€34,417 | +31.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €102,199 | €100,393 | -€1,806 | -1.8% |
| Trade receivables | 40 | €98,883 | €100,386 | +€1,503 | +1.5% |
| Other amounts receivable | 41 | €3,316 | €7 | -€3,309 | -99.8% |
| Cash at bank and in hand | 54/58 | €8,780 | €45,003 | +€36,223 | +413% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €522,273 | €555,713 | +€33,440 | +6.4% |
| Equity | 10/15 | -€238,429 | -€181,760 | +€56,669 | +23.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €53,723 | €53,723 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €51,863 | €51,863 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€304,553 | -€247,883 | +€56,669 | +18.6% |
| Amounts payable | 17/49 | €760,702 | €737,473 | -€23,229 | -3.1% |
| Amounts payable after more than one year | 17 | €316,247 | €285,709 | -€30,538 | -9.7% |
| Financial debts | 170/4 | €316,247 | €285,709 | -€30,538 | -9.7% |
| Amounts payable within one year | 42/48 | €444,455 | €448,764 | +€4,309 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €35,881 | €30,538 | -€5,343 | -14.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €35,205 | €38,890 | +€3,685 | +10.5% |
| Suppliers | 440/4 | €35,205 | €38,890 | +€3,685 | +10.5% |
| Taxes, remuneration and social security | 45 | €0 | €2,210 | +€2,210 | |
| Taxes | 450/3 | €0 | €2,210 | +€2,210 | |
| Other amounts payable | 47/48 | €373,370 | €377,126 | +€3,756 | +1.0% |
| Accrued charges and deferred income | 492/3 | - | €3,000 | +€3,000 | |
| Non-recurring operating income | 76A | - | €34,477 | +€34,477 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,805 | €35,433 | -€2,371 | -6.3% |
| Other operating charges | 640/8 | €3,686 | €2,845 | -€841 | -22.8% |
| Gross operating margin | 9900 | -€13,326 | €110,558 | +€123,883 | |
| Operating profit (loss) | 9901 | -€54,816 | €72,280 | +€127,096 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €21,697 | €15,610 | -€6,087 | -28.1% |
| Recurring financial charges | 65 | €21,697 | €15,610 | -€6,087 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | -€76,512 | €56,669 | +€133,182 | |
| Profit (loss) for the period | 9904 | -€76,512 | €56,669 | +€133,182 | |
| Profit (loss) for the period to be appropriated | 9905 | -€76,512 | €56,669 | +€133,182 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.