BE GENIUS: 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.
BE GENIUS
Largest movements
- Tangible fixed assets -€24,692
down €24,692 (-40.9%), from €60,387 to €35,694
of which Furniture and vehicles: -€13,364
- Receivables within one year -€9,184
down €9,184 (-29.3%), from €31,299 to €22,115
of which Other amounts receivable: -€12,427
- Cash +€4,336
up €4,336 (+405.9%), from €1,068 to €5,405
mainly Depreciation (+€25,825) and Net result for the year (+€10,917)
- Intangible fixed assets -€1,133
down €1,133 (-88.3%), from €1,283 to €150
- Current portion of long-term debt -€12,773
down €12,773 (-23.6%), from €54,111 to €41,339
- Debts after one year -€11,817
down €11,817 (-15.1%), from €78,048 to €66,232
- Profit (loss) carried forward +€10,917
up €10,917 (+12.7%), from -€85,850 to -€74,934
- Other debts -€7,863
no longer reported in 2025 (was €7,863)
- Tax, wage and social debts -€6,078
down €6,078 (-65.5%), from €9,276 to €3,197
- Gross operating margin -€18,313
down €18,313 (-29.2%), from €62,731 to €44,418
- Financial charges -€5,640
down €5,640 (-44.3%), from €12,745 to €7,105
- Financial income -€3,989
down €3,989 (-99.9%), from €3,993 to €3
of which Non-recurring financial income: -€3,993
- Depreciation -€1,948
down €1,948 (-7.0%), from €27,773 to €25,825
- Taxes -€1,109
down €1,109, from €539 to -€570
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 | €94,038 | €63,365 | -€30,673 | -32.6% |
| Fixed assets | 21/28 | €61,670 | €35,845 | -€25,825 | -41.9% |
| Intangible fixed assets | 21 | €1,283 | €150 | -€1,133 | -88.3% |
| Tangible fixed assets | 22/27 | €60,387 | €35,694 | -€24,692 | -40.9% |
| Plant, machinery and equipment | 23 | €10,965 | €8,651 | -€2,313 | -21.1% |
| Furniture and vehicles | 24 | €13,364 | - | -€13,364 | |
| Leasing and similar rights | 25 | €36,057 | €27,043 | -€9,014 | -25.0% |
| Current assets | 29/58 | €32,368 | €27,520 | -€4,848 | -15.0% |
| Amounts receivable within one year | 40/41 | €31,299 | €22,115 | -€9,184 | -29.3% |
| Trade receivables | 40 | €15,915 | €19,158 | +€3,243 | +20.4% |
| Other amounts receivable | 41 | €15,385 | €2,957 | -€12,427 | -80.8% |
| Cash at bank and in hand | 54/58 | €1,068 | €5,405 | +€4,336 | +405.9% |
| Total equity and liabilities | 10/49 | €94,038 | €63,365 | -€30,673 | -32.6% |
| Equity | 10/15 | -€65,390 | -€54,474 | +€10,917 | +16.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,850 | -€74,934 | +€10,917 | +12.7% |
| Amounts payable | 17/49 | €159,428 | €117,838 | -€41,590 | -26.1% |
| Amounts payable after more than one year | 17 | €78,048 | €66,232 | -€11,817 | -15.1% |
| Financial debts | 170/4 | €78,048 | €66,232 | -€11,817 | -15.1% |
| Amounts payable within one year | 42/48 | €81,380 | €51,607 | -€29,773 | -36.6% |
| Current portion of amounts payable after more than one year | 42 | €54,111 | €41,339 | -€12,773 | -23.6% |
| Trade debts | 44 | €10,130 | €7,071 | -€3,059 | -30.2% |
| Suppliers | 440/4 | €10,130 | €7,071 | -€3,059 | -30.2% |
| Taxes, remuneration and social security | 45 | €9,276 | €3,197 | -€6,078 | -65.5% |
| Taxes | 450/3 | €9,276 | €3,197 | -€6,078 | -65.5% |
| Other amounts payable | 47/48 | €7,863 | - | -€7,863 | |
| Remuneration, social security and pensions | 62 | - | €89 | +€89 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,773 | €25,825 | -€1,948 | -7.0% |
| Other operating charges | 640/8 | €1,367 | €1,056 | -€311 | -22.8% |
| Non-recurring operating charges | 66A | €1,285 | - | -€1,285 | |
| Gross operating margin | 9900 | €62,731 | €44,418 | -€18,313 | -29.2% |
| Operating profit (loss) | 9901 | €32,305 | €17,448 | -€14,857 | -46.0% |
| Financial income | 75/76B | €3,993 | €3 | -€3,989 | -99.9% |
| Recurring financial income | 75 | €3,993 | €3 | -€3,989 | -99.9% |
| Non-recurring financial income | 76B | €3,993 | - | -€3,993 | |
| Financial charges | 65/66B | €12,745 | €7,105 | -€5,640 | -44.3% |
| Recurring financial charges | 65 | €12,745 | €7,105 | -€5,640 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €23,553 | €10,347 | -€13,207 | -56.1% |
| Income taxes | 67/77 | €539 | -€570 | -€1,109 | |
| Profit (loss) for the period | 9904 | €23,015 | €10,917 | -€12,098 | -52.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,015 | €10,917 | -€12,098 | -52.6% |
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 8 October 2026 via checked.be.