BOUWONDERNEMING FREDERIC GENIJN: 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.
BOUWONDERNEMING FREDERIC GENIJN
Largest movements
- Cash -€151,396
down €151,396 (-83.8%), from €180,757 to €29,361
mainly Trade debts (-€56,107) and Contributions, distributions and other (-€50,000)
- Tangible fixed assets -€8,613
down €8,613 (-76.3%), from €11,292 to €2,679
of which Furniture and vehicles: -€7,830
- Receivables within one year +€2,882
up €2,882 (+31.4%), from €9,165 to €12,047
of which Other amounts receivable: +€5,545
- Trade debts -€56,107
down €56,107 (-100%), from €56,107 to €0
- Reserves -€50,000
down €50,000 (-73.4%), from €68,084 to €18,084
- Tax, wage and social debts -€46,440
down €46,440 (-100%), from €46,440 to €0
of which Taxes: -€40,254
- Profit (loss) carried forward +€7,390
up €7,390, from €0 to €7,390
- Debts after one year -€4,728
down €4,728 (-100%), from €4,728 to €0
- Gross operating margin -€145,649
down €145,649 (-88.1%), from €165,239 to €19,591
- Staff costs -€53,265
down €53,265 (-91.8%), from €57,998 to €4,733
- Taxes -€17,686
down €17,686 (-86.8%), from €20,379 to €2,693
- Depreciation -€8,220
down €8,220 (-93.3%), from €8,806 to €586
- Financial income -€4,658
down €4,658 (-100%), from €4,658 to €0
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 | €202,941 | €44,088 | -€158,853 | -78.3% |
| Fixed assets | 21/28 | €11,292 | €2,679 | -€8,613 | -76.3% |
| Tangible fixed assets | 22/27 | €11,292 | €2,679 | -€8,613 | -76.3% |
| Land and buildings | 22 | €390 | €276 | -€114 | -29.3% |
| Plant, machinery and equipment | 23 | €1,290 | €622 | -€668 | -51.8% |
| Furniture and vehicles | 24 | €9,611 | €1,781 | -€7,830 | -81.5% |
| Current assets | 29/58 | €191,649 | €41,408 | -€150,241 | -78.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €9,165 | €12,047 | +€2,882 | +31.4% |
| Trade receivables | 40 | €9,165 | €6,502 | -€2,663 | -29.1% |
| Other amounts receivable | 41 | €0 | €5,545 | +€5,545 | |
| Cash at bank and in hand | 54/58 | €180,757 | €29,361 | -€151,396 | -83.8% |
| Deferred charges and accrued income | 490/1 | €1,727 | €0 | -€1,727 | -100% |
| Total equity and liabilities | 10/49 | €202,941 | €44,088 | -€158,853 | -78.3% |
| Equity | 10/15 | €86,684 | €44,074 | -€42,610 | -49.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,084 | €18,084 | -€50,000 | -73.4% |
| Distributable reserves | 133 | €68,084 | €18,084 | -€50,000 | -73.4% |
| Profit (loss) carried forward | 14 | €0 | €7,390 | +€7,390 | |
| Amounts payable | 17/49 | €116,257 | €13 | -€116,243 | -100.0% |
| Amounts payable after more than one year | 17 | €4,728 | €0 | -€4,728 | -100% |
| Financial debts | 170/4 | €4,728 | €0 | -€4,728 | -100% |
| Amounts payable within one year | 42/48 | €106,967 | €13 | -€106,954 | -100.0% |
| Current portion of amounts payable after more than one year | 42 | €4,279 | €0 | -€4,279 | -100% |
| Trade debts | 44 | €56,107 | €0 | -€56,107 | -100% |
| Suppliers | 440/4 | €56,107 | €0 | -€56,107 | -100% |
| Taxes, remuneration and social security | 45 | €46,440 | €0 | -€46,440 | -100% |
| Taxes | 450/3 | €40,254 | €0 | -€40,254 | -100% |
| Remuneration and social security | 454/9 | €6,186 | €0 | -€6,186 | -100% |
| Other amounts payable | 47/48 | €142 | €13 | -€129 | -90.7% |
| Accrued charges and deferred income | 492/3 | €4,561 | €0 | -€4,561 | -100% |
| Non-recurring operating income | 76A | - | €16,143 | +€16,143 | |
| Remuneration, social security and pensions | 62 | €57,998 | €4,733 | -€53,265 | -91.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,806 | €586 | -€8,220 | -93.3% |
| Other operating charges | 640/8 | €2,503 | €1,929 | -€574 | -22.9% |
| Non-recurring operating charges | 66A | €488 | €374 | -€114 | -23.4% |
| Gross operating margin | 9900 | €165,239 | €19,591 | -€145,649 | -88.1% |
| Operating profit (loss) | 9901 | €95,445 | €11,969 | -€83,476 | -87.5% |
| Financial income | 75/76B | €4,658 | €0 | -€4,658 | -100% |
| Recurring financial income | 75 | €4,658 | €0 | -€4,658 | -100% |
| Financial charges | 65/66B | €4,356 | €1,885 | -€2,471 | -56.7% |
| Recurring financial charges | 65 | €4,356 | €1,885 | -€2,471 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | €95,746 | €10,083 | -€85,663 | -89.5% |
| Income taxes | 67/77 | €20,379 | €2,693 | -€17,686 | -86.8% |
| Profit (loss) for the period | 9904 | €75,367 | €7,390 | -€67,977 | -90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €75,367 | €7,390 | -€67,977 | -90.2% |
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 14 October 2026 via checked.be.