ATELIERS GENOT: 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.
ATELIERS GENOT
Largest movements
- Tangible fixed assets -€35,018
down €35,018 (-18.2%), from €192,117 to €157,099
- Cash -€25,973
down €25,973 (-28.9%), from €89,879 to €63,906
mainly Debts after one year (-€33,716) and Receivables within one year (-€17,872)
- Receivables within one year +€17,872
up €17,872 (+36.2%), from €49,324 to €67,196
of which Trade receivables: +€17,872
- Debts after one year -€33,716
down €33,716 (-37.6%), from €89,706 to €55,990
- Profit (loss) carried forward -€8,745
down €8,745 (-7.3%), from €119,904 to €111,159
- Tax, wage and social debts +€4,604
up €4,604 (+42.0%), from €10,964 to €15,568
of which Remuneration and social security: +€2,413
- Staff costs +€17,792
up €17,792 (+19.4%), from €91,948 to €109,740
- Gross operating margin +€4,756
up €4,756 (+3.0%), from €158,254 to €163,010
- Depreciation -€2,174
down €2,174 (-4.1%), from €52,808 to €50,634
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.
Derived cash bridge
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 | €332,340 | €289,022 | -€43,318 | -13.0% |
| Fixed assets | 21/28 | €192,117 | €157,099 | -€35,018 | -18.2% |
| Tangible fixed assets | 22/27 | €192,117 | €157,099 | -€35,018 | -18.2% |
| Land and buildings | 22 | €14,050 | €13,453 | -€597 | -4.2% |
| Plant, machinery and equipment | 23 | €74,817 | €60,313 | -€14,504 | -19.4% |
| Furniture and vehicles | 24 | €17,647 | €11,466 | -€6,181 | -35.0% |
| Leasing and similar rights | 25 | €85,603 | €71,867 | -€13,736 | -16.0% |
| Current assets | 29/58 | €140,223 | €131,923 | -€8,300 | -5.9% |
| Amounts receivable within one year | 40/41 | €49,324 | €67,196 | +€17,872 | +36.2% |
| Trade receivables | 40 | €48,618 | €66,490 | +€17,872 | +36.8% |
| Other amounts receivable | 41 | €706 | €706 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €89,879 | €63,906 | -€25,973 | -28.9% |
| Deferred charges and accrued income | 490/1 | €1,020 | €821 | -€199 | -19.5% |
| Total equity and liabilities | 10/49 | €332,340 | €289,022 | -€43,318 | -13.0% |
| Equity | 10/15 | €188,654 | €179,909 | -€8,745 | -4.6% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €6,250 | €6,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,904 | €111,159 | -€8,745 | -7.3% |
| Amounts payable | 17/49 | €143,686 | €109,113 | -€34,573 | -24.1% |
| Amounts payable after more than one year | 17 | €89,706 | €55,990 | -€33,716 | -37.6% |
| Financial debts | 170/4 | €89,706 | €55,990 | -€33,716 | -37.6% |
| Amounts payable within one year | 42/48 | €53,261 | €52,135 | -€1,126 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €37,865 | €35,426 | -€2,439 | -6.4% |
| Trade debts | 44 | €3,291 | - | -€3,291 | |
| Suppliers | 440/4 | €3,291 | - | -€3,291 | |
| Taxes, remuneration and social security | 45 | €10,964 | €15,568 | +€4,604 | +42.0% |
| Taxes | 450/3 | €10,174 | €12,365 | +€2,191 | +21.5% |
| Remuneration and social security | 454/9 | €790 | €3,203 | +€2,413 | +305% |
| Other amounts payable | 47/48 | €1,141 | €1,141 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €719 | €988 | +€269 | +37.4% |
| Remuneration, social security and pensions | 62 | €91,948 | €109,740 | +€17,792 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,808 | €50,634 | -€2,174 | -4.1% |
| Other operating charges | 640/8 | €6,312 | €6,155 | -€157 | -2.5% |
| Gross operating margin | 9900 | €158,254 | €163,010 | +€4,756 | +3.0% |
| Operating profit (loss) | 9901 | €7,186 | -€3,519 | -€10,705 | |
| Financial charges | 65/66B | €4,888 | €5,226 | +€338 | +6.9% |
| Recurring financial charges | 65 | €4,888 | €5,226 | +€338 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €2,298 | -€8,745 | -€11,043 | |
| Profit (loss) for the period | 9904 | €2,298 | -€8,745 | -€11,043 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,298 | -€8,745 | -€11,043 |
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 20 October 2026 via checked.be.