REAL GREEN: 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.
REAL GREEN
Largest movements
- Tangible fixed assets -€5,846
down €5,846 (-81.6%), from €7,161 to €1,315
of which Furniture and vehicles: -€6,734
- Receivables within one year +€4,922
up €4,922 (+4,046%), from €122 to €5,044
of which Trade receivables: +€3,849
- Cash -€311
down €311 (-99.1%), from €314 to €3
mainly Net result for the year (-€5,008) and Receivables within one year (-€4,922)
- Trade debts +€5,589
up €5,589 (+4,666%), from €120 to €5,709
- Profit (loss) carried forward -€5,008
down €5,008, from €3,639 to -€1,369
- Tax, wage and social debts -€1,816
down €1,816 (-38.6%), from €4,705 to €2,888
of which Remuneration and social security: -€1,895
- Gross operating margin -€9,954
down €9,954 (-98.2%), from €10,132 to €178
- Depreciation -€4,231
down €4,231 (-92.2%), from €4,591 to €360
- Taxes -€921
down €921 (-92.1%), from €1,000 to €79
- Financial charges +€305
up €305 (+222%), from €137 to €442
- Financial income -€124
no longer reported in 2024 (was €124)
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,463 | €7,228 | -€1,235 | -14.6% |
| Fixed assets | 21/28 | €7,161 | €1,315 | -€5,846 | -81.6% |
| Tangible fixed assets | 22/27 | €7,161 | €1,315 | -€5,846 | -81.6% |
| Plant, machinery and equipment | 23 | - | €888 | +€888 | |
| Furniture and vehicles | 24 | €7,161 | €427 | -€6,734 | -94.0% |
| Current assets | 29/58 | €1,302 | €5,913 | +€4,611 | +354% |
| Amounts receivable within one year | 40/41 | €122 | €5,044 | +€4,922 | +4,046% |
| Trade receivables | 40 | - | €3,849 | +€3,849 | |
| Other amounts receivable | 41 | €122 | €1,195 | +€1,074 | +883% |
| Cash at bank and in hand | 54/58 | €314 | €3 | -€311 | -99.1% |
| Deferred charges and accrued income | 490/1 | €867 | €867 | = | 0.0% |
| Total equity and liabilities | 10/49 | €8,463 | €7,228 | -€1,235 | -14.6% |
| Equity | 10/15 | €3,639 | -€1,369 | -€5,008 | |
| Profit (loss) carried forward | 14 | €3,639 | -€1,369 | -€5,008 | |
| Amounts payable | 17/49 | €4,824 | €8,597 | +€3,773 | +78.2% |
| Amounts payable within one year | 42/48 | €4,824 | €8,597 | +€3,773 | +78.2% |
| Trade debts | 44 | €120 | €5,709 | +€5,589 | +4,666% |
| Suppliers | 440/4 | €120 | €5,709 | +€5,589 | +4,666% |
| Taxes, remuneration and social security | 45 | €4,705 | €2,888 | -€1,816 | -38.6% |
| Taxes | 450/3 | €2,810 | €2,888 | +€79 | +2.8% |
| Remuneration and social security | 454/9 | €1,895 | - | -€1,895 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,591 | €360 | -€4,231 | -92.2% |
| Other operating charges | 640/8 | €889 | €770 | -€119 | -13.4% |
| Non-recurring operating charges | 66A | - | €3,535 | +€3,535 | |
| Gross operating margin | 9900 | €10,132 | €178 | -€9,954 | -98.2% |
| Operating profit (loss) | 9901 | €4,652 | -€4,487 | -€9,139 | |
| Financial income | 75/76B | €124 | - | -€124 | |
| Recurring financial income | 75 | €124 | - | -€124 | |
| Financial charges | 65/66B | €137 | €442 | +€305 | +222% |
| Recurring financial charges | 65 | €137 | €442 | +€305 | +222% |
| Profit (loss) for the period before taxes | 9903 | €4,639 | -€4,929 | -€9,568 | |
| Income taxes | 67/77 | €1,000 | €79 | -€921 | -92.1% |
| Profit (loss) for the period | 9904 | €3,639 | -€5,008 | -€8,646 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,639 | -€5,008 | -€8,646 |
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 16 October 2026 via checked.be.