SO 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.
SO GREEN
Largest movements
- Cash +€2,539
up €2,539 (+139.4%), from €1,822 to €4,361
mainly Net result for the year (+€16,302) and Depreciation (+€3,238)
- Receivables within one year +€2,438
up €2,438 (+434.6%), from €561 to €2,999
of which Trade receivables: +€2,435
- Intangible fixed assets -€1,986
down €1,986 (-63.0%), from €3,152 to €1,166
- Stocks and contracts -€1,103
down €1,103 (-82.7%), from €1,333 to €230
- Profit (loss) carried forward +€16,302
up €16,302 (+69.9%), from -€23,309 to -€7,007
- Other debts -€6,668
down €6,668 (-56.6%), from €11,789 to €5,121
- Current portion of long-term debt -€5,452
down €5,452 (-74.6%), from €7,308 to €1,856
- Debts after one year -€1,856
no longer reported in 2025 (was €1,856)
- Tax, wage and social debts -€621
down €621 (-34.3%), from €1,808 to €1,187
- Gross operating margin +€15,833
up €15,833 (+254.4%), from €6,223 to €22,056
- Financial charges +€1,162
up €1,162 (+85.8%), from €1,354 to €2,516
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 | €8,850 | €10,696 | +€1,846 | +20.9% |
| Fixed assets | 21/28 | €5,076 | €3,056 | -€2,020 | -39.8% |
| Intangible fixed assets | 21 | €3,152 | €1,166 | -€1,986 | -63.0% |
| Tangible fixed assets | 22/27 | €1,924 | €1,890 | -€34 | -1.8% |
| Furniture and vehicles | 24 | €1,924 | €1,890 | -€34 | -1.8% |
| Current assets | 29/58 | €3,774 | €7,640 | +€3,866 | +102.4% |
| Stocks and contracts in progress | 3 | €1,333 | €230 | -€1,103 | -82.7% |
| Stocks | 30/36 | €1,333 | €230 | -€1,103 | -82.7% |
| Amounts receivable within one year | 40/41 | €561 | €2,999 | +€2,438 | +434.6% |
| Trade receivables | 40 | €561 | €2,996 | +€2,435 | +434.0% |
| Other amounts receivable | 41 | - | €3 | +€3 | |
| Cash at bank and in hand | 54/58 | €1,822 | €4,361 | +€2,539 | +139.4% |
| Deferred charges and accrued income | 490/1 | €58 | €50 | -€8 | -13.8% |
| Total equity and liabilities | 10/49 | €8,850 | €10,696 | +€1,846 | +20.9% |
| Equity | 10/15 | -€14,809 | €1,493 | +€16,302 | |
| Contributions | 10/11 | €8,500 | €8,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,309 | -€7,007 | +€16,302 | +69.9% |
| Amounts payable | 17/49 | €23,659 | €9,203 | -€14,456 | -61.1% |
| Amounts payable after more than one year | 17 | €1,856 | - | -€1,856 | |
| Financial debts | 170/4 | €1,856 | - | -€1,856 | |
| Amounts payable within one year | 42/48 | €21,779 | €9,198 | -€12,581 | -57.8% |
| Current portion of amounts payable after more than one year | 42 | €7,308 | €1,856 | -€5,452 | -74.6% |
| Trade debts | 44 | €874 | €1,034 | +€160 | +18.3% |
| Suppliers | 440/4 | €874 | €1,034 | +€160 | +18.3% |
| Taxes, remuneration and social security | 45 | €1,808 | €1,187 | -€621 | -34.3% |
| Taxes | 450/3 | €1,808 | €1,187 | -€621 | -34.3% |
| Other amounts payable | 47/48 | €11,789 | €5,121 | -€6,668 | -56.6% |
| Accrued charges and deferred income | 492/3 | €24 | €5 | -€19 | -79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,174 | €3,238 | +€64 | +2.0% |
| Gross operating margin | 9900 | €6,223 | €22,056 | +€15,833 | +254.4% |
| Operating profit (loss) | 9901 | €3,049 | €18,818 | +€15,769 | +517.2% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €1,354 | €2,516 | +€1,162 | +85.8% |
| Recurring financial charges | 65 | €1,354 | €2,516 | +€1,162 | +85.8% |
| Profit (loss) for the period before taxes | 9903 | €1,710 | €16,302 | +€14,592 | +853.3% |
| Profit (loss) for the period | 9904 | €1,710 | €16,302 | +€14,592 | +853.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,710 | €16,302 | +€14,592 | +853.3% |
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 10 October 2026 via checked.be.