PLAN VERT: 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.
PLAN VERT
Largest movements
- Financial fixed assets -€498,207
down €498,207 (-100.0%), from €498,448 to €241
- Receivables within one year +€204,040
up €204,040 (+2780.9%), from €7,337 to €211,377
of which Trade receivables: +€192,838
- Intangible fixed assets +€188,176
new in 2025: €188,176
- Cash +€34,979
up €34,979 (+1479.6%), from €2,364 to €37,343
mainly Investment in fixed assets (net) (+€258,003) and Trade debts (+€194,999)
- Tangible fixed assets +€9,020
up €9,020 (+600.7%), from €1,502 to €10,522
of which Plant, machinery and equipment: +€5,173
- Other debts -€267,089
down €267,089 (-48.5%), from €550,641 to €283,553
- Trade debts +€194,999
up €194,999 (+5316.7%), from €3,668 to €198,667
- Tax, wage and social debts +€18,796
new in 2025: €18,796
of which Remuneration and social security: +€10,994
- Gross operating margin +€159,004
up €159,004, from -€6,671 to €152,334
- Staff costs +€107,251
up €107,251, from €0 to €107,251
- Depreciation +€42,295
up €42,295 (+5924.8%), from €714 to €43,008
- Other operating charges -€7,225
down €7,225 (-92.3%), from €7,824 to €599
- Financial charges -€2,362
down €2,362 (-72.0%), from €3,282 to €920
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.
Cash bridge derived
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 | €509,651 | €456,654 | -€52,997 | -10.4% |
| Fixed assets | 21/28 | €499,950 | €198,939 | -€301,011 | -60.2% |
| Intangible fixed assets | 21 | - | €188,176 | +€188,176 | |
| Tangible fixed assets | 22/27 | €1,502 | €10,522 | +€9,020 | +600.7% |
| Plant, machinery and equipment | 23 | - | €5,173 | +€5,173 | |
| Furniture and vehicles | 24 | €1,502 | €5,349 | +€3,847 | +256.2% |
| Financial fixed assets | 28 | €498,448 | €241 | -€498,207 | -100.0% |
| Current assets | 29/58 | €9,701 | €257,716 | +€248,014 | +2556.5% |
| Stocks and contracts in progress | 3 | - | €1,618 | +€1,618 | |
| Stocks | 30/36 | - | €1,618 | +€1,618 | |
| Amounts receivable within one year | 40/41 | €7,337 | €211,377 | +€204,040 | +2780.9% |
| Trade receivables | 40 | €5,681 | €198,518 | +€192,838 | +3394.6% |
| Other amounts receivable | 41 | €1,656 | €12,859 | +€11,202 | +676.3% |
| Cash at bank and in hand | 54/58 | €2,364 | €37,343 | +€34,979 | +1479.6% |
| Deferred charges and accrued income | 490/1 | - | €7,377 | +€7,377 | |
| Total equity and liabilities | 10/49 | €509,651 | €456,654 | -€52,997 | -10.4% |
| Equity | 10/15 | -€44,658 | -€44,361 | +€297 | +0.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,858 | -€112,561 | +€297 | +0.3% |
| Amounts payable | 17/49 | €554,309 | €501,015 | -€53,294 | -9.6% |
| Amounts payable within one year | 42/48 | €554,309 | €501,015 | -€53,294 | -9.6% |
| Trade debts | 44 | €3,668 | €198,667 | +€194,999 | +5316.7% |
| Suppliers | 440/4 | €3,668 | €198,667 | +€194,999 | +5316.7% |
| Taxes, remuneration and social security | 45 | - | €18,796 | +€18,796 | |
| Taxes | 450/3 | - | €7,801 | +€7,801 | |
| Remuneration and social security | 454/9 | - | €10,994 | +€10,994 | |
| Other amounts payable | 47/48 | €550,641 | €283,553 | -€267,089 | -48.5% |
| Remuneration, social security and pensions | 62 | €0 | €107,251 | +€107,251 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €714 | €43,008 | +€42,295 | +5924.8% |
| Other operating charges | 640/8 | €7,824 | €599 | -€7,225 | -92.3% |
| Gross operating margin | 9900 | -€6,671 | €152,334 | +€159,004 | |
| Operating profit (loss) | 9901 | -€15,209 | €1,476 | +€16,684 | |
| Financial charges | 65/66B | €3,282 | €920 | -€2,362 | -72.0% |
| Recurring financial charges | 65 | €3,282 | €920 | -€2,362 | -72.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,491 | €555 | +€19,046 | |
| Income taxes | 67/77 | - | €258 | +€258 | |
| Profit (loss) for the period | 9904 | -€18,491 | €297 | +€18,788 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,491 | €297 | +€18,788 |
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 11 October 2026 via checked.be.