DA GENOVA: 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.
DA GENOVA
Largest movements
- Intangible fixed assets +€14,000
up €14,000 (+175%), from €8,000 to €22,000
- Receivables within one year +€9,855
up €9,855 (+106%), from €9,338 to €19,193
of which Trade receivables: +€5,477
- Tangible fixed assets +€3,332
up €3,332 (+13.4%), from €24,800 to €28,132
of which Furniture and vehicles: +€5,800
- Deferred charges and accrued income -€1,651
down €1,651 (-43.6%), from €3,788 to €2,137
- Stocks and contracts +€876
up €876 (+12.4%), from €7,090 to €7,966
- Other debts +€18,734
new in 2025: €18,734
- Trade debts +€7,206
up €7,206 (+26.0%), from €27,757 to €34,963
- Profit (loss) carried forward +€2,433
up €2,433 (+21.6%), from -€11,283 to -€8,850
- Tax, wage and social debts -€1,036
down €1,036 (-4.9%), from €21,135 to €20,099
of which Taxes: -€1,811
- Debts after one year -€1,000
down €1,000 (-16.7%), from €5,990 to €4,990
- Gross operating margin +€10,768
up €10,768 (+18.5%), from €58,354 to €69,123
- Depreciation +€6,368
up €6,368 (+77.7%), from €8,200 to €14,568
- Staff costs -€5,369
down €5,369 (-11.5%), from €46,788 to €41,419
- Taxes +€1,314
up €1,314 (+126%), from €1,042 to €2,356
- Financial charges +€1,142
up €1,142 (+63.8%), from €1,790 to €2,932
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 | €56,550 | €82,657 | +€26,107 | +46.2% |
| Fixed assets | 21/28 | €35,455 | €52,787 | +€17,332 | +48.9% |
| Intangible fixed assets | 21 | €8,000 | €22,000 | +€14,000 | +175% |
| Tangible fixed assets | 22/27 | €24,800 | €28,132 | +€3,332 | +13.4% |
| Plant, machinery and equipment | 23 | €16,000 | €13,532 | -€2,468 | -15.4% |
| Furniture and vehicles | 24 | €8,800 | €14,600 | +€5,800 | +65.9% |
| Financial fixed assets | 28 | €2,655 | €2,655 | = | 0.0% |
| Current assets | 29/58 | €21,095 | €29,871 | +€8,775 | +41.6% |
| Stocks and contracts in progress | 3 | €7,090 | €7,966 | +€876 | +12.4% |
| Stocks | 30/36 | €7,090 | €7,966 | +€876 | +12.4% |
| Amounts receivable within one year | 40/41 | €9,338 | €19,193 | +€9,855 | +106% |
| Trade receivables | 40 | €5,749 | €11,227 | +€5,477 | +95.3% |
| Other amounts receivable | 41 | €3,589 | €7,966 | +€4,377 | +122% |
| Cash at bank and in hand | 54/58 | €880 | €575 | -€305 | -34.7% |
| Deferred charges and accrued income | 490/1 | €3,788 | €2,137 | -€1,651 | -43.6% |
| Total equity and liabilities | 10/49 | €56,550 | €82,657 | +€26,107 | +46.2% |
| Equity | 10/15 | -€3,323 | -€890 | +€2,433 | +73.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,760 | €1,760 | = | 0.0% |
| Distributable reserves | 133 | €1,760 | €1,760 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,283 | -€8,850 | +€2,433 | +21.6% |
| Amounts payable | 17/49 | €59,874 | €83,548 | +€23,674 | +39.5% |
| Amounts payable after more than one year | 17 | €5,990 | €4,990 | -€1,000 | -16.7% |
| Other amounts payable | 178/9 | €5,990 | €4,990 | -€1,000 | -16.7% |
| Amounts payable within one year | 42/48 | €53,884 | €78,159 | +€24,274 | +45.0% |
| Financial debts | 43 | €4,993 | €4,363 | -€630 | -12.6% |
| Credit institutions | 430/8 | €4,993 | €4,363 | -€630 | -12.6% |
| Trade debts | 44 | €27,757 | €34,963 | +€7,206 | +26.0% |
| Suppliers | 440/4 | €27,757 | €34,963 | +€7,206 | +26.0% |
| Taxes, remuneration and social security | 45 | €21,135 | €20,099 | -€1,036 | -4.9% |
| Taxes | 450/3 | €10,422 | €8,611 | -€1,811 | -17.4% |
| Remuneration and social security | 454/9 | €10,712 | €11,488 | +€775 | +7.2% |
| Other amounts payable | 47/48 | - | €18,734 | +€18,734 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €46,788 | €41,419 | -€5,369 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,200 | €14,568 | +€6,368 | +77.7% |
| Other operating charges | 640/8 | €3,437 | €4,388 | +€952 | +27.7% |
| Gross operating margin | 9900 | €58,354 | €69,123 | +€10,768 | +18.5% |
| Operating profit (loss) | 9901 | -€71 | €8,746 | +€8,817 | |
| Financial income | 75/76B | €268 | €257 | -€12 | -4.3% |
| Recurring financial income | 75 | €268 | €257 | -€12 | -4.3% |
| Financial charges | 65/66B | €1,790 | €2,932 | +€1,142 | +63.8% |
| Recurring financial charges | 65 | €1,790 | €2,932 | +€1,142 | +63.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,593 | €6,071 | +€7,664 | |
| Income taxes | 67/77 | €1,042 | €2,356 | +€1,314 | +126% |
| Profit (loss) for the period | 9904 | -€2,635 | €3,715 | +€6,349 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,635 | €3,715 | +€6,349 |
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 23 October 2026 via checked.be.