GEENA: 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.
GEENA
Largest movements
- Cash -€15,404
down €15,404 (-33.2%), from €46,399 to €30,995
mainly Current portion of long-term debt (-€11,383) and Receivables within one year (-€11,024)
- Receivables within one year +€11,024
up €11,024 (+73.9%), from €14,913 to €25,937
of which Other amounts receivable: +€9,800
- Tangible fixed assets -€8,610
down €8,610 (-6.8%), from €126,586 to €117,976
of which Land and buildings: -€9,624
- Receivables after one year -€7,367
down €7,367 (-2.9%), from €255,999 to €248,632
- Current portion of long-term debt -€11,383
down €11,383 (-58.7%), from €19,383 to €8,000
- Reserves -€9,885
down €9,885 (-5.0%), from €196,790 to €186,905
of which Tax-exempt reserves: -€9,885
- Profit (loss) carried forward +€9,829
up €9,829 (+5.3%), from €185,182 to €195,010
- Debts after one year -€8,000
down €8,000 (-75.0%), from €10,666 to €2,666
- Other debts -€6,391
down €6,391 (-22.3%), from €28,641 to €22,250
- Gross operating margin -€16,176
down €16,176 (-19.7%), from €82,146 to €65,969
- Taxes -€5,184
down €5,184 (-54.1%), from €9,584 to €4,400
- Financial income -€3,815
down €3,815 (-92.0%), from €4,147 to €332
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €479,325 | €459,753 | -€19,572 | -4.1% |
| Fixed assets | 21/28 | €129,865 | €117,976 | -€11,889 | -9.2% |
| Tangible fixed assets | 22/27 | €126,586 | €117,976 | -€8,610 | -6.8% |
| Land and buildings | 22 | €112,592 | €102,968 | -€9,624 | -8.5% |
| Plant, machinery and equipment | 23 | €13,994 | €15,009 | +€1,014 | +7.2% |
| Financial fixed assets | 28 | €3,279 | €0 | -€3,279 | -100.0% |
| Current assets | 29/58 | €349,460 | €341,777 | -€7,683 | -2.2% |
| Amounts receivable after more than one year | 29 | €255,999 | €248,632 | -€7,367 | -2.9% |
| Other amounts receivable | 291 | €255,999 | €248,632 | -€7,367 | -2.9% |
| Stocks and contracts in progress | 3 | €8,282 | €12,347 | +€4,064 | +49.1% |
| Stocks | 30/36 | €8,282 | €12,347 | +€4,064 | +49.1% |
| Amounts receivable within one year | 40/41 | €14,913 | €25,937 | +€11,024 | +73.9% |
| Trade receivables | 40 | €8,361 | €9,584 | +€1,223 | +14.6% |
| Other amounts receivable | 41 | €6,552 | €16,352 | +€9,800 | +149.6% |
| Current investments | 50/53 | €23,866 | €23,866 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €46,399 | €30,995 | -€15,404 | -33.2% |
| Total equity and liabilities | 10/49 | €479,325 | €459,753 | -€19,572 | -4.1% |
| Equity | 10/15 | €400,563 | €400,507 | -€56 | 0.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €196,790 | €186,905 | -€9,885 | -5.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,885 | €0 | -€9,885 | -100.0% |
| Distributable reserves | 133 | €185,046 | €185,046 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,182 | €195,010 | +€9,829 | +5.3% |
| Amounts payable | 17/49 | €78,762 | €59,246 | -€19,516 | -24.8% |
| Amounts payable after more than one year | 17 | €10,666 | €2,666 | -€8,000 | -75.0% |
| Financial debts | 170/4 | €10,666 | €2,666 | -€8,000 | -75.0% |
| Amounts payable within one year | 42/48 | €68,096 | €56,579 | -€11,516 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €19,383 | €8,000 | -€11,383 | -58.7% |
| Trade debts | 44 | €13,677 | €19,653 | +€5,976 | +43.7% |
| Suppliers | 440/4 | €13,677 | €19,653 | +€5,976 | +43.7% |
| Taxes, remuneration and social security | 45 | €6,394 | €6,676 | +€282 | +4.4% |
| Taxes | 450/3 | €1,027 | €1,274 | +€247 | +24.0% |
| Remuneration and social security | 454/9 | €5,367 | €5,402 | +€35 | +0.7% |
| Other amounts payable | 47/48 | €28,641 | €22,250 | -€6,391 | -22.3% |
| Remuneration, social security and pensions | 62 | €39,776 | €40,333 | +€556 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,590 | €12,996 | -€594 | -4.4% |
| Other operating charges | 640/8 | €3,650 | €3,158 | -€492 | -13.5% |
| Non-recurring operating charges | 66A | - | €3,265 | +€3,265 | |
| Gross operating margin | 9900 | €82,146 | €65,969 | -€16,176 | -19.7% |
| Operating profit (loss) | 9901 | €25,130 | €6,218 | -€18,912 | -75.3% |
| Financial income | 75/76B | €4,147 | €332 | -€3,815 | -92.0% |
| Recurring financial income | 75 | €4,147 | €332 | -€3,815 | -92.0% |
| Financial charges | 65/66B | €2,040 | €2,206 | +€166 | +8.2% |
| Recurring financial charges | 65 | €2,040 | €2,206 | +€166 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €27,237 | €4,344 | -€22,893 | -84.1% |
| Income taxes | 67/77 | €9,584 | €4,400 | -€5,184 | -54.1% |
| Profit (loss) for the period | 9904 | €17,653 | -€56 | -€17,709 | |
| Transfer from tax-exempt reserves | 789 | - | €9,885 | +€9,885 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,653 | €9,829 | -€7,824 | -44.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.