BUREAU GENICOT: what changed
BUREAU GENICOT
Largest movements
- Stocks and contracts +€2,015
up €2,015 (+7.5%), from €26,929 to €28,944
- Deferred charges and accrued income -€1,208
no longer reported in 2025 (was €1,208)
- Cash -€468
down €468 (-7.2%), from €6,547 to €6,079
mainly Stocks and contracts (-€2,015) and Tax, wage and social debts (-€709)
- Trade debts +€884
up €884 (+228%), from €387 to €1,271
- Tax, wage and social debts -€709
down €709 (-44.6%), from €1,590 to €881
- Profit (loss) carried forward +€580
up €580 (+2.4%), from €24,298 to €24,877
- Other debts -€415
down €415 (-25.8%), from €1,607 to €1,192
- Gross operating margin -€3,395
down €3,395 (-51.7%), from €6,562 to €3,167
- Other operating charges -€757
down €757 (-61.0%), from €1,240 to €484
- Taxes -€701
down €701 (-35.5%), from €1,975 to €1,273
- Financial charges +€247
up €247 (+42.3%), from €584 to €831
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,249 | €36,588 | +€339 | +0.9% |
| Current assets | 29/58 | €36,249 | €36,588 | +€339 | +0.9% |
| Amounts receivable after more than one year | 29 | €1,565 | €1,565 | = | 0.0% |
| Other amounts receivable | 291 | €1,565 | €1,565 | = | 0.0% |
| Stocks and contracts in progress | 3 | €26,929 | €28,944 | +€2,015 | +7.5% |
| Stocks | 30/36 | €26,929 | €28,944 | +€2,015 | +7.5% |
| Cash at bank and in hand | 54/58 | €6,547 | €6,079 | -€468 | -7.2% |
| Deferred charges and accrued income | 490/1 | €1,208 | - | -€1,208 | |
| Total equity and liabilities | 10/49 | €36,249 | €36,588 | +€339 | +0.9% |
| Equity | 10/15 | €32,664 | €33,244 | +€580 | +1.8% |
| Contributions | 10/11 | €6,507 | €6,507 | = | 0.0% |
| Capital | 10 | €6,507 | €6,507 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,085 | €12,085 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,298 | €24,877 | +€580 | +2.4% |
| Amounts payable | 17/49 | €3,585 | €3,344 | -€241 | -6.7% |
| Amounts payable within one year | 42/48 | €3,585 | €3,344 | -€241 | -6.7% |
| Trade debts | 44 | €387 | €1,271 | +€884 | +228% |
| Suppliers | 440/4 | €387 | €1,271 | +€884 | +228% |
| Taxes, remuneration and social security | 45 | €1,590 | €881 | -€709 | -44.6% |
| Taxes | 450/3 | €1,590 | €881 | -€709 | -44.6% |
| Other amounts payable | 47/48 | €1,607 | €1,192 | -€415 | -25.8% |
| Other operating charges | 640/8 | €1,240 | €484 | -€757 | -61.0% |
| Gross operating margin | 9900 | €6,562 | €3,167 | -€3,395 | -51.7% |
| Operating profit (loss) | 9901 | €5,322 | €2,683 | -€2,638 | -49.6% |
| Financial charges | 65/66B | €584 | €831 | +€247 | +42.3% |
| Recurring financial charges | 65 | €584 | €831 | +€247 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €4,738 | €1,853 | -€2,885 | -60.9% |
| Income taxes | 67/77 | €1,975 | €1,273 | -€701 | -35.5% |
| Profit (loss) for the period | 9904 | €2,764 | €580 | -€2,184 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,764 | €580 | -€2,184 | -79.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.