Organisation Classes Vertes Stages: 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.
Organisation Classes Vertes Stages
Largest movements
- Receivables within one year +€164,819
up €164,819 (+6,414%), from €2,570 to €167,389
of which Other amounts receivable: +€164,819
- Current investments -€94,657
down €94,657 (-30.9%), from €306,662 to €212,006
- Cash -€61,508
down €61,508 (-44.5%), from €138,134 to €76,626
mainly Receivables within one year (-€164,819) and Investment in fixed assets (net) (-€73,995)
- Tangible fixed assets -€55,506
down €55,506 (-7.5%), from €741,599 to €686,093
of which Land and buildings: -€57,860
- Contributions +€104,788
up €104,788 (+37.8%), from €277,117 to €381,905
- Provisions -€70,930
down €70,930 (-15.2%), from €465,907 to €394,976
- Investment grants -€56,000
down €56,000 (-14.7%), from €380,000 to €324,000
- Profit (loss) carried forward -€16,771
down €16,771 (-100%), from €16,771 to €0
- Purchases and services +€688,698
new in 2025: €688,698
- Gross operating margin -€122,501
down €122,501 (-19.5%), from €628,553 to €506,053
- Staff costs +€19,535
up €19,535 (+5.8%), from €336,324 to €355,860
- Other operating charges -€11,654
down €11,654 (-73.4%), from €15,878 to €4,224
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 | €1,189,969 | €1,147,455 | -€42,514 | -3.6% |
| Fixed assets | 21/28 | €741,599 | €686,093 | -€55,506 | -7.5% |
| Tangible fixed assets | 22/27 | €741,599 | €686,093 | -€55,506 | -7.5% |
| Land and buildings | 22 | €723,537 | €665,677 | -€57,860 | -8.0% |
| Plant, machinery and equipment | 23 | €14,712 | €15,166 | +€455 | +3.1% |
| Furniture and vehicles | 24 | €3,350 | €5,250 | +€1,899 | +56.7% |
| Current assets | 29/58 | €448,370 | €461,363 | +€12,992 | +2.9% |
| Amounts receivable within one year | 40/41 | €2,570 | €167,389 | +€164,819 | +6,414% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,570 | €167,389 | +€164,819 | +6,414% |
| Current investments | 50/53 | €306,662 | €212,006 | -€94,657 | -30.9% |
| Cash at bank and in hand | 54/58 | €138,134 | €76,626 | -€61,508 | -44.5% |
| Deferred charges and accrued income | 490/1 | €1,004 | €5,342 | +€4,338 | +432% |
| Total equity and liabilities | 10/49 | €1,189,969 | €1,147,455 | -€42,514 | -3.6% |
| Equity | 10/15 | €673,889 | €705,905 | +€32,016 | +4.8% |
| Contributions | 10/11 | €277,117 | €381,905 | +€104,788 | +37.8% |
| Capital | 10 | €277,117 | €381,905 | +€104,788 | +37.8% |
| Profit (loss) carried forward | 14 | €16,771 | €0 | -€16,771 | -100% |
| Investment grants | 15 | €380,000 | €324,000 | -€56,000 | -14.7% |
| Provisions and deferred taxes | 16 | €465,907 | €394,976 | -€70,930 | -15.2% |
| Provisions for liabilities and charges | 160/5 | €465,907 | €394,976 | -€70,930 | -15.2% |
| Major repairs and maintenance | 162 | €109,831 | €85,510 | -€24,321 | -22.1% |
| Environmental obligations | 163 | €45,100 | €0 | -€45,100 | -100% |
| Other liabilities and charges | 164/5 | €310,975 | €309,466 | -€1,509 | -0.5% |
| Amounts payable | 17/49 | €50,174 | €46,574 | -€3,600 | -7.2% |
| Amounts payable within one year | 42/48 | €49,856 | €45,976 | -€3,880 | -7.8% |
| Trade debts | 44 | €25,683 | €17,644 | -€8,039 | -31.3% |
| Suppliers | 440/4 | €25,683 | €17,644 | -€8,039 | -31.3% |
| Taxes, remuneration and social security | 45 | €24,173 | €28,332 | +€4,159 | +17.2% |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €24,173 | €28,332 | +€4,159 | +17.2% |
| Accrued charges and deferred income | 492/3 | €318 | €598 | +€280 | +88.2% |
| Non-recurring operating income | 76A | - | €1,546 | +€1,546 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €688,698 | +€688,698 | |
| Remuneration, social security and pensions | 62 | €336,324 | €355,860 | +€19,535 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,945 | €129,502 | +€1,556 | +1.2% |
| Other operating charges | 640/8 | €15,878 | €4,224 | -€11,654 | -73.4% |
| Gross operating margin | 9900 | €628,553 | €506,053 | -€122,501 | -19.5% |
| Operating profit (loss) | 9901 | €1,837 | €87,398 | +€85,560 | +4,657% |
| Financial income | 75/76B | €2,258 | €1,486 | -€772 | -34.2% |
| Recurring financial income | 75 | €2,258 | €1,486 | -€772 | -34.2% |
| Financial charges | 65/66B | €1,006 | €868 | -€138 | -13.8% |
| Recurring financial charges | 65 | €1,006 | €868 | -€138 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €3,089 | €88,016 | +€84,927 | +2,749% |
| Profit (loss) for the period | 9904 | €3,089 | €88,016 | +€84,927 | +2,749% |
| Profit (loss) for the period to be appropriated | 9905 | €3,089 | €88,016 | +€84,927 | +2,749% |
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 26 October 2026 via checked.be.