REDGREEN: what changed
Two fiscal 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.
REDGREEN
Largest movements
- Current investments -€139,965
down €139,965 (-93.3%), from €149,960 to €9,995
- Cash +€86,756
up €86,756 (+336.2%), from €25,808 to €112,564
mainly Current investments (+€139,965) and Net result for the year (+€101,004)
- Receivables within one year -€24,644
down €24,644 (-35.2%), from €69,938 to €45,294
of which Trade receivables: -€26,936
- Tangible fixed assets +€12,964
new in 2025: €12,964
of which Furniture and vehicles: +€9,394
- Reserves -€105,644
down €105,644 (-51.1%), from €206,648 to €101,004
- Other debts +€39,161
up €39,161 (+831.2%), from €4,711 to €43,872
- Tax, wage and social debts -€2,866
down €2,866 (-8.8%), from €32,556 to €29,690
No income-statement line moved by more than 1% of the activity.
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 | €247,932 | €180,931 | -€67,000 | -27.0% |
| Fixed assets | 21/28 | - | €12,964 | +€12,964 | |
| Tangible fixed assets | 22/27 | - | €12,964 | +€12,964 | |
| Furniture and vehicles | 24 | - | €9,394 | +€9,394 | |
| Other tangible fixed assets | 26 | - | €3,570 | +€3,570 | |
| Current assets | 29/58 | €247,932 | €167,967 | -€79,964 | -32.3% |
| Amounts receivable within one year | 40/41 | €69,938 | €45,294 | -€24,644 | -35.2% |
| Trade receivables | 40 | €69,938 | €43,002 | -€26,936 | -38.5% |
| Other amounts receivable | 41 | - | €2,292 | +€2,292 | |
| Current investments | 50/53 | €149,960 | €9,995 | -€139,965 | -93.3% |
| Cash at bank and in hand | 54/58 | €25,808 | €112,564 | +€86,756 | +336.2% |
| Deferred charges and accrued income | 490/1 | €2,226 | €114 | -€2,112 | -94.9% |
| Total equity and liabilities | 10/49 | €247,932 | €180,931 | -€67,000 | -27.0% |
| Equity | 10/15 | €207,648 | €102,004 | -€105,644 | -50.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €206,648 | €101,004 | -€105,644 | -51.1% |
| Distributable reserves | 133 | €206,648 | €101,004 | -€105,644 | -51.1% |
| Amounts payable | 17/49 | €40,283 | €78,927 | +€38,644 | +95.9% |
| Amounts payable within one year | 42/48 | €37,928 | €75,274 | +€37,346 | +98.5% |
| Trade debts | 44 | €661 | €1,712 | +€1,051 | +158.9% |
| Suppliers | 440/4 | €661 | €1,712 | +€1,051 | +158.9% |
| Taxes, remuneration and social security | 45 | €32,556 | €29,690 | -€2,866 | -8.8% |
| Taxes | 450/3 | €32,556 | €29,690 | -€2,866 | -8.8% |
| Other amounts payable | 47/48 | €4,711 | €43,872 | +€39,161 | +831.2% |
| Accrued charges and deferred income | 492/3 | €2,355 | €3,653 | +€1,298 | +55.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €560 | +€560 | |
| Other operating charges | 640/8 | €284 | €458 | +€174 | +61.3% |
| Gross operating margin | 9900 | €130,104 | €130,163 | +€59 | 0.0% |
| Operating profit (loss) | 9901 | €129,820 | €129,145 | -€675 | -0.5% |
| Financial income | 75/76B | €1,790 | €2,803 | +€1,013 | +56.6% |
| Recurring financial income | 75 | €1,790 | €2,803 | +€1,013 | +56.6% |
| Financial charges | 65/66B | €1,749 | €2,406 | +€657 | +37.6% |
| Recurring financial charges | 65 | €1,749 | €2,406 | +€657 | +37.6% |
| Profit (loss) for the period before taxes | 9903 | €129,860 | €129,541 | -€319 | -0.2% |
| Income taxes | 67/77 | €28,893 | €28,537 | -€356 | -1.2% |
| Profit (loss) for the period | 9904 | €100,967 | €101,004 | +€37 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €100,967 | €101,004 | +€37 | 0.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.