ESGÉ+Genot: what changed
ESGÉ+Genot
Largest movements
- Receivables within one year -€21,715
down €21,715 (-33.2%), from €65,387 to €43,673
of which Other amounts receivable: -€14,410
- Cash +€3,210
up €3,210 (+31.7%), from €10,117 to €13,327
mainly Receivables within one year (+€21,715) and Depreciation (+€2,638)
- Deferred charges and accrued income +€1,019
up €1,019 (+135%), from €753 to €1,772
- Trade debts -€6,070
down €6,070 (-67.0%), from €9,055 to €2,985
- Tax, wage and social debts -€5,851
down €5,851 (-36.6%), from €15,990 to €10,139
of which Taxes: -€4,181
- Profit (loss) carried forward -€5,719
down €5,719 (-38.7%), from €14,777 to €9,058
- Provisions +€915
up €915 (+3.2%), from €28,914 to €29,829
- Gross operating margin -€5,512
down €5,512 (-15.3%), from €36,114 to €30,601
- Provisions -€3,832
down €3,832 (-80.7%), from €4,746 to €915
- Taxes -€1,802
down €1,802 (-88.6%), from €2,033 to €231
- Financial charges +€1,662
up €1,662 (+5.7%), from €29,009 to €30,671
- Other operating charges +€920
up €920 (+96.4%), from €954 to €1,874
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 | €81,839 | €64,871 | -€16,968 | -20.7% |
| Fixed assets | 21/28 | €5,582 | €6,100 | +€518 | +9.3% |
| Tangible fixed assets | 22/27 | €5,582 | €6,100 | +€518 | +9.3% |
| Furniture and vehicles | 24 | €5,333 | €2,695 | -€2,638 | -49.5% |
| Other tangible fixed assets | 26 | €249 | €3,405 | +€3,156 | +1,270% |
| Current assets | 29/58 | €76,257 | €58,772 | -€17,486 | -22.9% |
| Amounts receivable within one year | 40/41 | €65,387 | €43,673 | -€21,715 | -33.2% |
| Trade receivables | 40 | €39,370 | €32,066 | -€7,304 | -18.6% |
| Other amounts receivable | 41 | €26,017 | €11,607 | -€14,410 | -55.4% |
| Cash at bank and in hand | 54/58 | €10,117 | €13,327 | +€3,210 | +31.7% |
| Deferred charges and accrued income | 490/1 | €753 | €1,772 | +€1,019 | +135% |
| Total equity and liabilities | 10/49 | €81,839 | €64,871 | -€16,968 | -20.7% |
| Equity | 10/15 | €27,637 | €21,918 | -€5,719 | -20.7% |
| Contributions | 10/11 | €2,860 | €2,860 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,777 | €9,058 | -€5,719 | -38.7% |
| Provisions and deferred taxes | 16 | €28,914 | €29,829 | +€915 | +3.2% |
| Provisions for liabilities and charges | 160/5 | €28,914 | €29,829 | +€915 | +3.2% |
| Other liabilities and charges | 164/5 | €28,914 | €29,829 | +€915 | +3.2% |
| Amounts payable | 17/49 | €25,288 | €13,124 | -€12,163 | -48.1% |
| Amounts payable within one year | 42/48 | €25,288 | €13,124 | -€12,163 | -48.1% |
| Financial debts | 43 | €243 | - | -€243 | |
| Credit institutions | 430/8 | €243 | - | -€243 | |
| Trade debts | 44 | €9,055 | €2,985 | -€6,070 | -67.0% |
| Suppliers | 440/4 | €9,055 | €2,985 | -€6,070 | -67.0% |
| Taxes, remuneration and social security | 45 | €15,990 | €10,139 | -€5,851 | -36.6% |
| Taxes | 450/3 | €14,320 | €10,139 | -€4,181 | -29.2% |
| Remuneration and social security | 454/9 | €1,670 | - | -€1,670 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,456 | €2,638 | +€182 | +7.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €4,746 | €915 | -€3,832 | -80.7% |
| Other operating charges | 640/8 | €954 | €1,874 | +€920 | +96.4% |
| Non-recurring operating charges | 66A | €903 | - | -€903 | |
| Gross operating margin | 9900 | €36,114 | €30,601 | -€5,512 | -15.3% |
| Operating profit (loss) | 9901 | €27,054 | €25,175 | -€1,880 | -6.9% |
| Financial income | 75/76B | €8 | €8 | +€0 | +2.7% |
| Recurring financial income | 75 | €8 | €8 | +€0 | +2.7% |
| Financial charges | 65/66B | €29,009 | €30,671 | +€1,662 | +5.7% |
| Recurring financial charges | 65 | €29,009 | €30,671 | +€1,662 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,947 | -€5,488 | -€3,541 | -182% |
| Income taxes | 67/77 | €2,033 | €231 | -€1,802 | -88.6% |
| Profit (loss) for the period | 9904 | -€3,980 | -€5,719 | -€1,739 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,980 | -€5,719 | -€1,739 | -43.7% |
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 4 November 2026 via checked.be.