DE GENIETER: 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.
DE GENIETER
Largest movements
- Receivables within one year +€67,444
up €67,444 (+436%), from €15,452 to €82,896
- Cash -€47,024
down €47,024 (-53.6%), from €87,723 to €40,699
mainly Receivables within one year (-€67,444) and Debts after one year (-€27,899)
- Tangible fixed assets -€27,543
down €27,543 (-20.8%), from €132,113 to €104,570
- Debts after one year -€27,899
down €27,899 (-59.1%), from €47,231 to €19,332
- Trade debts +€10,531
up €10,531 (+21.4%), from €49,214 to €59,745
- Profit (loss) carried forward +€8,358
up €8,358 (+1.6%), from €539,120 to €547,478
- Gross operating margin -€116,923
down €116,923 (-43.2%), from €270,713 to €153,790
- Taxes -€34,366
down €34,366 (-87.5%), from €39,261 to €4,895
- Financial charges +€6,309
up €6,309 (+261%), from €2,420 to €8,729
- Other operating charges -€4,269
down €4,269 (-50.4%), from €8,469 to €4,200
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 | €725,170 | €710,097 | -€15,073 | -2.1% |
| Fixed assets | 21/28 | €132,113 | €104,570 | -€27,543 | -20.8% |
| Tangible fixed assets | 22/27 | €132,113 | €104,570 | -€27,543 | -20.8% |
| Land and buildings | 22 | €37,809 | €29,660 | -€8,149 | -21.6% |
| Plant, machinery and equipment | 23 | €22,933 | €25,901 | +€2,968 | +12.9% |
| Furniture and vehicles | 24 | €33,723 | €24,960 | -€8,763 | -26.0% |
| Other tangible fixed assets | 26 | €37,648 | €24,049 | -€13,599 | -36.1% |
| Current assets | 29/58 | €593,057 | €605,528 | +€12,471 | +2.1% |
| Amounts receivable after more than one year | 29 | €475,000 | €475,000 | = | 0.0% |
| Trade receivables | 290 | - | €475,000 | +€475,000 | |
| Other amounts receivable | 291 | €475,000 | - | -€475,000 | |
| Stocks and contracts in progress | 3 | €6,480 | €5,025 | -€1,455 | -22.5% |
| Stocks | 30/36 | €6,480 | €5,025 | -€1,455 | -22.5% |
| Amounts receivable within one year | 40/41 | €15,452 | €82,896 | +€67,444 | +436% |
| Other amounts receivable | 41 | €15,452 | €82,896 | +€67,444 | +436% |
| Cash at bank and in hand | 54/58 | €87,723 | €40,699 | -€47,024 | -53.6% |
| Deferred charges and accrued income | 490/1 | €8,402 | €1,908 | -€6,494 | -77.3% |
| Total equity and liabilities | 10/49 | €725,170 | €710,097 | -€15,073 | -2.1% |
| Equity | 10/15 | €553,380 | €561,738 | +€8,358 | +1.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 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 | €539,120 | €547,478 | +€8,358 | +1.6% |
| Amounts payable | 17/49 | €171,790 | €148,359 | -€23,431 | -13.6% |
| Amounts payable after more than one year | 17 | €47,231 | €19,332 | -€27,899 | -59.1% |
| Financial debts | 170/4 | €47,231 | €19,332 | -€27,899 | -59.1% |
| Amounts payable within one year | 42/48 | €124,559 | €126,624 | +€2,065 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €9,801 | €5,177 | -€4,624 | -47.2% |
| Trade debts | 44 | €49,214 | €59,745 | +€10,531 | +21.4% |
| Suppliers | 440/4 | €49,214 | €59,745 | +€10,531 | +21.4% |
| Taxes, remuneration and social security | 45 | €65,544 | €61,702 | -€3,842 | -5.9% |
| Taxes | 450/3 | €56,082 | €54,450 | -€1,632 | -2.9% |
| Remuneration and social security | 454/9 | €9,462 | €7,252 | -€2,210 | -23.4% |
| Accrued charges and deferred income | 492/3 | - | €2,403 | +€2,403 | |
| Remuneration, social security and pensions | 62 | €88,289 | €90,919 | +€2,630 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,239 | €48,804 | +€565 | +1.2% |
| Other operating charges | 640/8 | €8,469 | €4,200 | -€4,269 | -50.4% |
| Gross operating margin | 9900 | €270,713 | €153,790 | -€116,923 | -43.2% |
| Operating profit (loss) | 9901 | €125,716 | €9,867 | -€115,849 | -92.2% |
| Financial income | 75/76B | €10,716 | €12,115 | +€1,399 | +13.1% |
| Recurring financial income | 75 | €10,716 | €12,115 | +€1,399 | +13.1% |
| Financial charges | 65/66B | €2,420 | €8,729 | +€6,309 | +261% |
| Recurring financial charges | 65 | €2,420 | €8,729 | +€6,309 | +261% |
| Profit (loss) for the period before taxes | 9903 | €134,012 | €13,253 | -€120,759 | -90.1% |
| Income taxes | 67/77 | €39,261 | €4,895 | -€34,366 | -87.5% |
| Profit (loss) for the period | 9904 | €94,751 | €8,358 | -€86,393 | -91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €94,751 | €8,358 | -€86,393 | -91.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.