ANALYSES COMPTABLES GENVAL: 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.
ANALYSES COMPTABLES GENVAL
Largest movements
- Cash -€1,569
down €1,569 (-14.4%), from €10,931 to €9,362
mainly Tax, wage and social debts (-€28,261) and Net result for the year (-€8,873)
- Receivables within one year -€855
down €855 (-49.4%), from €1,732 to €877
of which Trade receivables: -€1,071
- Other debts +€35,221
up €35,221 (+37.1%), from €94,942 to €130,164
- Tax, wage and social debts -€28,261
no longer reported in 2025 (was €28,261)
- Profit (loss) carried forward -€8,873
down €8,873 (-5.5%), from -€160,206 to -€169,079
- Trade debts -€511
down €511 (-1.1%), from €47,666 to €47,155
- Write-downs -€38,562
no longer reported in 2025 (was €38,562)
- Other operating charges -€31,488
down €31,488 (-99.9%), from €31,534 to €46
- Financial charges -€22,428
down €22,428 (-98.6%), from €22,741 to €313
- Taxes +€6,700
new in 2025: €6,700
- Gross operating margin +€4,703
up €4,703 (+72.2%), from -€6,517 to -€1,814
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 | €12,664 | €10,239 | -€2,424 | -19.1% |
| Current assets | 29/58 | €12,664 | €10,239 | -€2,424 | -19.1% |
| Amounts receivable within one year | 40/41 | €1,732 | €877 | -€855 | -49.4% |
| Trade receivables | 40 | €1,732 | €662 | -€1,071 | -61.8% |
| Other amounts receivable | 41 | - | €216 | +€216 | |
| Cash at bank and in hand | 54/58 | €10,931 | €9,362 | -€1,569 | -14.4% |
| Total equity and liabilities | 10/49 | €12,664 | €10,239 | -€2,424 | -19.1% |
| Equity | 10/15 | -€158,206 | -€167,079 | -€8,873 | -5.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€160,206 | -€169,079 | -€8,873 | -5.5% |
| Amounts payable | 17/49 | €170,869 | €177,318 | +€6,449 | +3.8% |
| Amounts payable within one year | 42/48 | €170,869 | €177,318 | +€6,449 | +3.8% |
| Trade debts | 44 | €47,666 | €47,155 | -€511 | -1.1% |
| Suppliers | 440/4 | €47,666 | €47,155 | -€511 | -1.1% |
| Taxes, remuneration and social security | 45 | €28,261 | - | -€28,261 | |
| Taxes | 450/3 | €28,261 | - | -€28,261 | |
| Other amounts payable | 47/48 | €94,942 | €130,164 | +€35,221 | +37.1% |
| Remuneration, social security and pensions | 62 | €10 | - | -€10 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €38,562 | - | -€38,562 | |
| Other operating charges | 640/8 | €31,534 | €46 | -€31,488 | -99.9% |
| Gross operating margin | 9900 | -€6,517 | -€1,814 | +€4,703 | +72.2% |
| Operating profit (loss) | 9901 | -€76,623 | -€1,860 | +€74,763 | +97.6% |
| Financial charges | 65/66B | €22,741 | €313 | -€22,428 | -98.6% |
| Recurring financial charges | 65 | €22,741 | €313 | -€22,428 | -98.6% |
| Profit (loss) for the period before taxes | 9903 | -€99,364 | -€2,173 | +€97,191 | +97.8% |
| Income taxes | 67/77 | - | €6,700 | +€6,700 | |
| Profit (loss) for the period | 9904 | -€99,364 | -€8,873 | +€90,491 | +91.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€99,364 | -€8,873 | +€90,491 | +91.1% |
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 6 October 2026 via checked.be.