Regreen: 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.
Regreen
Largest movements
- Receivables within one year +€297,440
up €297,440 (+230.1%), from €129,292 to €426,732
- Tangible fixed assets -€76,859
down €76,859 (-1.6%), from €4.9m to €4.8m
of which Assets under construction and advance payments: -€511,555
- Contributions +€1.5m
up €1.5m (+1200.0%), from €125,000 to €1.6m
- Other debts -€1.1m
down €1.1m (-23.4%), from €4.6m to €3.5m
- Profit (loss) carried forward -€178,689
down €178,689 (-27.8%), from -€643,155 to -€821,843
- Trade debts -€159,565
down €159,565 (-60.2%), from €265,069 to €105,504
- Accrued charges and deferred income +€123,426
up €123,426 (+177.4%), from €69,576 to €193,001
- Gross operating margin +€437,930
up €437,930 (+602.5%), from €72,686 to €510,616
- Depreciation +€136,272
up €136,272 (+127.0%), from €107,270 to €243,542
- Financial charges +€116,531
up €116,531 (+84.9%), from €137,290 to €253,821
- Other operating charges +€28,140
up €28,140 (+18.2%), from €154,992 to €183,132
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 | €5,040,364 | €5,265,946 | +€225,582 | +4.5% |
| Fixed assets | 21/28 | €4,906,072 | €4,829,213 | -€76,859 | -1.6% |
| Tangible fixed assets | 22/27 | €4,906,072 | €4,829,213 | -€76,859 | -1.6% |
| Plant, machinery and equipment | 23 | €4,302,514 | €4,737,210 | +€434,695 | +10.1% |
| Assets under construction and advance payments | 27 | €603,558 | €92,003 | -€511,555 | -84.8% |
| Current assets | 29/58 | €134,292 | €436,734 | +€302,441 | +225.2% |
| Amounts receivable within one year | 40/41 | €129,292 | €426,732 | +€297,440 | +230.1% |
| Trade receivables | 40 | €129,292 | €426,732 | +€297,440 | +230.1% |
| Cash at bank and in hand | 54/58 | - | €2,502 | +€2,502 | |
| Deferred charges and accrued income | 490/1 | €5,000 | €7,500 | +€2,500 | +50.0% |
| Total equity and liabilities | 10/49 | €5,040,364 | €5,265,946 | +€225,582 | +4.5% |
| Equity | 10/15 | -€518,155 | €803,157 | +€1.3m | |
| Contributions | 10/11 | €125,000 | €1,625,000 | +€1.5m | +1200.0% |
| Capital | 10 | €125,000 | €1,625,000 | +€1.5m | +1200.0% |
| Issued capital | 100 | €125,000 | €1,625,000 | +€1.5m | +1200.0% |
| Profit (loss) carried forward | 14 | -€643,155 | -€821,843 | -€178,689 | -27.8% |
| Amounts payable | 17/49 | €5,558,519 | €4,462,790 | -€1.1m | -19.7% |
| Amounts payable after more than one year | 17 | €625,000 | €625,000 | = | 0.0% |
| Financial debts | 170/4 | €625,000 | €625,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,863,943 | €3,644,788 | -€1.2m | -25.1% |
| Trade debts | 44 | €265,069 | €105,504 | -€159,565 | -60.2% |
| Suppliers | 440/4 | €265,069 | €105,504 | -€159,565 | -60.2% |
| Taxes, remuneration and social security | 45 | €7,621 | €23,835 | +€16,214 | +212.8% |
| Taxes | 450/3 | €7,621 | €23,835 | +€16,214 | +212.8% |
| Other amounts payable | 47/48 | €4,591,253 | €3,515,450 | -€1.1m | -23.4% |
| Accrued charges and deferred income | 492/3 | €69,576 | €193,001 | +€123,426 | +177.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,270 | €243,542 | +€136,272 | +127.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,654 | +€2,654 | |
| Other operating charges | 640/8 | €154,992 | €183,132 | +€28,140 | +18.2% |
| Non-recurring operating charges | 66A | - | €6,161 | +€6,161 | |
| Gross operating margin | 9900 | €72,686 | €510,616 | +€437,930 | +602.5% |
| Operating profit (loss) | 9901 | -€189,576 | €75,127 | +€264,703 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €137,290 | €253,821 | +€116,531 | +84.9% |
| Recurring financial charges | 65 | €137,290 | €253,821 | +€116,531 | +84.9% |
| Profit (loss) for the period before taxes | 9903 | -€326,866 | -€178,689 | +€148,177 | +45.3% |
| Profit (loss) for the period | 9904 | -€326,866 | -€178,689 | +€148,177 | +45.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€326,866 | -€178,689 | +€148,177 | +45.3% |
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 4 October 2026 via checked.be.