The Green Hand: what changed
The Green Hand
Largest movements
- Cash -€3,174
down €3,174 (-18.3%), from €17,338 to €14,164
mainly Net result for the year (-€2,327) and Investment in fixed assets (net) (-€2,250)
- Financial fixed assets +€2,250
new in 2025: €2,250
- Intangible fixed assets -€2,157
down €2,157 (-17.2%), from €12,535 to €10,378
- Receivables within one year +€1,547
up €1,547 (+1,807%), from €86 to €1,633
of which Trade receivables: +€1,633
- Tangible fixed assets -€545
down €545 (-100%), from €545 to €0
- Profit (loss) carried forward -€2,327
down €2,327 (-24.5%), from -€9,496 to -€11,822
- Gross operating margin -€334
down €334 (-26.7%), from €1,253 to €919
- Depreciation -€20
down €20 (-0.7%), from €2,722 to €2,702
- Other operating charges +€14
up €14 (+2.9%), from €474 to €487
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,504 | €28,425 | -€2,079 | -6.8% |
| Fixed assets | 21/28 | €13,081 | €12,628 | -€452 | -3.5% |
| Intangible fixed assets | 21 | €12,535 | €10,378 | -€2,157 | -17.2% |
| Tangible fixed assets | 22/27 | €545 | €0 | -€545 | -100% |
| Furniture and vehicles | 24 | €545 | €0 | -€545 | -100% |
| Financial fixed assets | 28 | - | €2,250 | +€2,250 | |
| Current assets | 29/58 | €17,424 | €15,797 | -€1,627 | -9.3% |
| Amounts receivable within one year | 40/41 | €86 | €1,633 | +€1,547 | +1,807% |
| Trade receivables | 40 | - | €1,633 | +€1,633 | |
| Other amounts receivable | 41 | €86 | - | -€86 | |
| Cash at bank and in hand | 54/58 | €17,338 | €14,164 | -€3,174 | -18.3% |
| Total equity and liabilities | 10/49 | €30,504 | €28,425 | -€2,079 | -6.8% |
| Equity | 10/15 | €30,504 | €28,178 | -€2,327 | -7.6% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,496 | -€11,822 | -€2,327 | -24.5% |
| Amounts payable | 17/49 | - | €247 | +€247 | |
| Amounts payable within one year | 42/48 | - | €247 | +€247 | |
| Taxes, remuneration and social security | 45 | - | €247 | +€247 | |
| Taxes | 450/3 | - | €247 | +€247 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,722 | €2,702 | -€20 | -0.7% |
| Other operating charges | 640/8 | €474 | €487 | +€14 | +2.9% |
| Gross operating margin | 9900 | €1,253 | €919 | -€334 | -26.7% |
| Operating profit (loss) | 9901 | -€1,944 | -€2,271 | -€328 | -16.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €54 | €55 | +€1 | +2.5% |
| Recurring financial charges | 65 | €54 | €55 | +€1 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,998 | -€2,327 | -€329 | -16.5% |
| Profit (loss) for the period | 9904 | -€1,998 | -€2,327 | -€329 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,998 | -€2,327 | -€329 | -16.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.