DGENIOUS: 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.
DGENIOUS
Largest movements
- Financial fixed assets -€2.8m
no longer reported in 2025 (was €2.8m)
- Intangible fixed assets -€198,349
down €198,349 (-16.6%), from €1.2m to €999,196
- Current investments -€190,000
no longer reported in 2025 (was €190,000)
- Contributions -€3.7m
down €3.7m (-69.8%), from €5.3m to €1.6m
of which Capital: -€3.7m
- Profit (loss) carried forward +€1.2m
up €1.2m (+63.0%), from -€2.0m to -€731,445
- Other debts -€680,912
no longer reported in 2025 (was €680,912)
- Financial charges +€2.8m
up €2.8m (+8831.6%), from €31,563 to €2.8m
of which Non-recurring financial charges: +€2.8m
- Financial income +€711,656
up €711,656 (+8669.3%), from €8,209 to €719,865
of which Non-recurring financial income: +€718,439
- Gross operating margin -€176,179
down €176,179, from €112,014 to -€64,166
- Staff costs -€73,610
down €73,610 (-46.1%), from €159,775 to €86,165
- Depreciation +€55,828
up €55,828 (+38.6%), from €144,677 to €200,505
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 | €4,325,400 | €1,126,276 | -€3.2m | -74.0% |
| Fixed assets | 21/28 | €4,007,403 | €1,000,358 | -€3.0m | -75.0% |
| Intangible fixed assets | 21 | €1,197,545 | €999,196 | -€198,349 | -16.6% |
| Tangible fixed assets | 22/27 | €3,317 | €1,162 | -€2,155 | -65.0% |
| Furniture and vehicles | 24 | €3,317 | €1,162 | -€2,155 | -65.0% |
| Financial fixed assets | 28 | €2,806,540 | - | -€2.8m | |
| Current assets | 29/58 | €317,998 | €125,918 | -€192,080 | -60.4% |
| Amounts receivable within one year | 40/41 | €17,571 | €47,779 | +€30,208 | +171.9% |
| Trade receivables | 40 | €11,712 | €376 | -€11,336 | -96.8% |
| Other amounts receivable | 41 | €5,859 | €47,403 | +€41,544 | +709.1% |
| Current investments | 50/53 | €190,000 | - | -€190,000 | |
| Cash at bank and in hand | 54/58 | €89,436 | €61,273 | -€28,163 | -31.5% |
| Deferred charges and accrued income | 490/1 | €20,991 | €16,866 | -€4,125 | -19.7% |
| Total equity and liabilities | 10/49 | €4,325,400 | €1,126,276 | -€3.2m | -74.0% |
| Equity | 10/15 | €3,321,743 | €868,555 | -€2.5m | -73.9% |
| Contributions | 10/11 | €5,300,000 | €1,600,000 | -€3.7m | -69.8% |
| Capital | 10 | €5,207,400 | €1,507,400 | -€3.7m | -71.1% |
| Issued capital | 100 | €5,207,400 | €1,507,400 | -€3.7m | -71.1% |
| Outside capital | 11 | €92,600 | €92,600 | = | 0.0% |
| Share premium | 1100/10 | €92,600 | €92,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,978,257 | -€731,445 | +€1.2m | +63.0% |
| Amounts payable | 17/49 | €1,003,657 | €257,720 | -€745,937 | -74.3% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €778,637 | €49,130 | -€729,507 | -93.7% |
| Current portion of amounts payable after more than one year | 42 | €62,500 | €37,500 | -€25,000 | -40.0% |
| Trade debts | 44 | €17,657 | €11,522 | -€6,136 | -34.7% |
| Suppliers | 440/4 | €17,657 | €11,522 | -€6,136 | -34.7% |
| Taxes, remuneration and social security | 45 | €17,568 | €108 | -€17,459 | -99.4% |
| Taxes | 450/3 | €130 | €108 | -€22 | -16.6% |
| Remuneration and social security | 454/9 | €17,438 | - | -€17,438 | |
| Other amounts payable | 47/48 | €680,912 | - | -€680,912 | |
| Accrued charges and deferred income | 492/3 | €25,020 | €8,590 | -€16,429 | -65.7% |
| Remuneration, social security and pensions | 62 | €159,775 | €86,165 | -€73,610 | -46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,677 | €200,505 | +€55,828 | +38.6% |
| Other operating charges | 640/8 | €2,716 | €3,003 | +€287 | +10.6% |
| Gross operating margin | 9900 | €112,014 | -€64,166 | -€176,179 | |
| Operating profit (loss) | 9901 | -€195,154 | -€353,838 | -€158,684 | -81.3% |
| Financial income | 75/76B | €8,209 | €719,865 | +€711,656 | +8669.3% |
| Recurring financial income | 75 | €8,209 | €1,426 | -€6,783 | -82.6% |
| Non-recurring financial income | 76B | - | €718,439 | +€718,439 | |
| Financial charges | 65/66B | €31,563 | €2,819,063 | +€2.8m | +8831.6% |
| Recurring financial charges | 65 | €31,563 | €19,063 | -€12,500 | -39.6% |
| Non-recurring financial charges | 66B | - | €2,800,000 | +€2.8m | |
| Profit (loss) for the period before taxes | 9903 | -€218,508 | -€2,453,035 | -€2.2m | -1022.6% |
| Income taxes | 67/77 | €211 | €153 | -€58 | -27.4% |
| Profit (loss) for the period | 9904 | -€218,718 | -€2,453,188 | -€2.2m | -1021.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€218,718 | -€2,453,188 | -€2.2m | -1021.6% |
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 6 October 2026 via checked.be.