E.V. GENK: 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.
E.V. GENK
Largest movements
- Tangible fixed assets +€118,924
up €118,924 (+394%), from €30,169 to €149,093
of which Land and buildings: +€118,483
- Receivables within one year -€84,825
down €84,825 (-49.9%), from €169,927 to €85,102
of which Other amounts receivable: -€102,917
- Cash +€58,896
up €58,896 (+26.0%), from €226,586 to €285,482
mainly Receivables within one year (+€84,825) and Net result for the year (+€80,117)
- Stocks and contracts -€17,707
down €17,707 (-32.4%), from €54,701 to €36,994
- Profit (loss) carried forward +€80,117
up €80,117 (+136%), from €58,881 to €138,998
- Gross operating margin +€18,974
up €18,974 (+20.5%), from €92,435 to €111,409
- Other operating charges -€4,031
down €4,031 (-38.9%), from €10,370 to €6,339
- Taxes +€2,893
up €2,893 (+14.6%), from €19,856 to €22,749
- Depreciation -€1,370
down €1,370 (-25.7%), from €5,333 to €3,963
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 | €481,383 | €556,671 | +€75,288 | +15.6% |
| Fixed assets | 21/28 | €30,169 | €149,093 | +€118,924 | +394% |
| Tangible fixed assets | 22/27 | €30,169 | €149,093 | +€118,924 | +394% |
| Land and buildings | 22 | - | €118,483 | +€118,483 | |
| Plant, machinery and equipment | 23 | €30,169 | €30,610 | +€441 | +1.5% |
| Current assets | 29/58 | €451,214 | €407,578 | -€43,636 | -9.7% |
| Stocks and contracts in progress | 3 | €54,701 | €36,994 | -€17,707 | -32.4% |
| Stocks | 30/36 | €54,701 | €36,994 | -€17,707 | -32.4% |
| Amounts receivable within one year | 40/41 | €169,927 | €85,102 | -€84,825 | -49.9% |
| Trade receivables | 40 | €15,868 | €33,959 | +€18,091 | +114% |
| Other amounts receivable | 41 | €154,060 | €51,143 | -€102,917 | -66.8% |
| Cash at bank and in hand | 54/58 | €226,586 | €285,482 | +€58,896 | +26.0% |
| Total equity and liabilities | 10/49 | €481,383 | €556,671 | +€75,288 | +15.6% |
| Equity | 10/15 | €445,502 | €525,619 | +€80,117 | +18.0% |
| Contributions | 10/11 | €8,055 | €8,055 | = | 0.0% |
| Capital | 10 | - | €8,055 | +€8,055 | |
| Reserves | 13 | €378,566 | €378,566 | -€0 | 0.0% |
| Distributable reserves | 133 | €378,566 | - | -€378,566 | |
| Profit (loss) carried forward | 14 | €58,881 | €138,998 | +€80,117 | +136% |
| Amounts payable | 17/49 | €35,880 | €31,052 | -€4,828 | -13.5% |
| Amounts payable within one year | 42/48 | €35,880 | €31,052 | -€4,828 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €7,240 | €5,000 | -€2,240 | -30.9% |
| Trade debts | 44 | €27,025 | €21,570 | -€5,455 | -20.2% |
| Suppliers | 440/4 | €27,025 | €21,570 | -€5,455 | -20.2% |
| Taxes, remuneration and social security | 45 | €1,615 | €4,482 | +€2,867 | +178% |
| Taxes | 450/3 | €1,615 | €4,482 | +€2,867 | +178% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,333 | €3,963 | -€1,370 | -25.7% |
| Other operating charges | 640/8 | €10,370 | €6,339 | -€4,031 | -38.9% |
| Gross operating margin | 9900 | €92,435 | €111,409 | +€18,974 | +20.5% |
| Operating profit (loss) | 9901 | €76,731 | €101,107 | +€24,376 | +31.8% |
| Financial income | 75/76B | €4,165 | €3,749 | -€416 | -10.0% |
| Recurring financial income | 75 | €4,165 | €3,749 | -€416 | -10.0% |
| Financial charges | 65/66B | €2,159 | €1,990 | -€169 | -7.8% |
| Recurring financial charges | 65 | €2,159 | €1,990 | -€169 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €78,737 | €102,866 | +€24,129 | +30.6% |
| Income taxes | 67/77 | €19,856 | €22,749 | +€2,893 | +14.6% |
| Profit (loss) for the period | 9904 | €58,881 | €80,117 | +€21,236 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,881 | €80,117 | +€21,236 | +36.1% |
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 21 October 2026 via checked.be.