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GREEN-TECH WIND: 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.

What changed

GREEN-TECH WIND

BE 0562.896.443
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€78,473
2024 · €659,632-€581,159
Equity
€81,518
2024 · €73,045+€8,473
Cash
€51,857
2024 · €575,529-€523,672
Balance sheet total
€154,692
2024 · €576,952-€422,260

Largest movements

2024 to 2025
Assets
  • Cash -€523,672

    down €523,672 (-91.0%), from €575,529 to €51,857

    mainly Other debts (-€429,672) and Investment in fixed assets (net) (-€100,000)

  • Financial fixed assets +€100,000

    up €100,000 (+10,000%), from €1,000 to €101,000

Equity and liabilities
  • Other debts -€429,672

    down €429,672 (-86.0%), from €499,672 to €70,000

  • Profit (loss) carried forward +€8,473

    up €8,473, from €0 to €8,473

Income statement
  • Financial income -€820,125

    down €820,125 (-91.1%), from €900,000 to €79,875

  • Financial charges -€28,267

    down €28,267 (-99.7%), from €28,343 to €76

  • Gross operating margin -€25,084

    down €25,084, from €24,158 to -€926

  • Depreciation -€13,215

    down €13,215 (-100%), from €13,215 to €0

  • Taxes -€1,690

    down €1,690 (-100%), from €1,690 to €0

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €659,632
Gross operating margin -€25,084
Depreciation +€13,215
Other operating charges +€45
Other operating items +€220,832
Financial income -€820,125
Financial charges +€28,267
Taxes +€1,690
Result 2025 €78,473
raises the resultlowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2024 to 2025

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.

From operations -€353,672
Investment -€100,000
Financing -€70,000
Cash 2024 €575,529
Net result for the year +€78,473
Smaller working-capital items -€848
Deferred charges and accrued income -€1,625
Other debts -€429,672
Investment in fixed assets (net) -€100,000
Contributions, distributions and other -€70,000
Cash 2025 €51,857
brings cash intakes cash out
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €576,952 €154,692 -€422,260 -73.2%
Fixed assets 21/28 €1,000 €101,000 +€100,000 +10,000%
Tangible fixed assets 22/27 €0 - =
Assets under construction and advance payments 27 €0 - =
Financial fixed assets 28 €1,000 €101,000 +€100,000 +10,000%
Current assets 29/58 €575,952 €53,692 -€522,260 -90.7%
Amounts receivable within one year 40/41 €423 €210 -€213 -50.3%
Other amounts receivable 41 €423 €210 -€213 -50.3%
Cash at bank and in hand 54/58 €575,529 €51,857 -€523,672 -91.0%
Deferred charges and accrued income 490/1 - €1,625 +€1,625
Total equity and liabilities 10/49 €576,952 €154,692 -€422,260 -73.2%
Equity 10/15 €73,045 €81,518 +€8,473 +11.6%
Contributions 10/11 €71,911 €71,911 = 0.0%
Reserves 13 €1,134 €1,134 = 0.0%
Non-distributable reserves 130/1 €1,134 €1,134 = 0.0%
Reserves not available under the articles 1311 €1,134 €1,134 = 0.0%
Tax-exempt reserves 132 €0 - =
Profit (loss) carried forward 14 €0 €8,473 +€8,473
Amounts payable 17/49 €503,907 €73,175 -€430,733 -85.5%
Amounts payable after more than one year 17 €0 - =
Financial debts 170/4 €0 - =
Amounts payable within one year 42/48 €503,907 €73,175 -€430,733 -85.5%
Trade debts 44 €2,545 €1,484 -€1,060 -41.7%
Suppliers 440/4 €2,545 €1,484 -€1,060 -41.7%
Taxes, remuneration and social security 45 €1,690 €1,690 = 0.0%
Taxes 450/3 €1,690 €1,690 = 0.0%
Other amounts payable 47/48 €499,672 €70,000 -€429,672 -86.0%
Accrued charges and deferred income 492/3 €0 - =
Non-recurring operating income 76A €26,681 €0 -€26,681 -100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,215 €0 -€13,215 -100%
Other operating charges 640/8 €445 €400 -€45 -10.2%
Non-recurring operating charges 66A €220,832 €0 -€220,832 -100%
Gross operating margin 9900 €24,158 -€926 -€25,084
Operating profit (loss) 9901 -€210,334 -€1,326 +€209,008 +99.4%
Financial income 75/76B €900,000 €79,875 -€820,125 -91.1%
Recurring financial income 75 €900,000 €79,875 -€820,125 -91.1%
Financial charges 65/66B €28,343 €76 -€28,267 -99.7%
Recurring financial charges 65 €28,343 €76 -€28,267 -99.7%
Profit (loss) for the period before taxes 9903 €661,323 €78,473 -€582,850 -88.1%
Income taxes 67/77 €1,690 €0 -€1,690 -100%
Profit (loss) for the period 9904 €659,632 €78,473 -€581,159 -88.1%
Transfer from tax-exempt reserves 789 €6,203 €0 -€6,203 -100%
Profit (loss) for the period to be appropriated 9905 €665,835 €78,473 -€587,362 -88.2%

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 1 November 2026 via checked.be.