GEENIUS: 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.
GEENIUS
Largest movements
- Receivables within one year +€184,586
up €184,586 (+599.1%), from €30,812 to €215,397
of which Trade receivables: +€185,086
- Deferred charges and accrued income -€80,431
down €80,431 (-99.5%), from €80,815 to €384
- Cash +€71,867
up €71,867 (+282.1%), from €25,473 to €97,340
mainly Accrued charges and deferred income (+€99,950) and Deferred charges and accrued income (+€80,431)
- Tangible fixed assets -€11,131
down €11,131 (-19.9%), from €56,067 to €44,937
of which Furniture and vehicles: -€12,417
- Accrued charges and deferred income +€99,950
up €99,950 (+1155.1%), from €8,653 to €108,603
- Reserves +€44,006
up €44,006 (+152.7%), from €28,815 to €72,821
of which Distributable reserves: +€44,006
- Trade debts +€24,962
up €24,962 (+35.8%), from €69,698 to €94,659
- Debts after one year -€14,214
down €14,214 (-33.4%), from €42,594 to €28,380
of which Financial debts: -€10,398
- Tax, wage and social debts +€10,084
up €10,084 (+32.8%), from €30,743 to €40,827
of which Taxes: +€15,633
- Gross operating margin +€54,118
up €54,118 (+218.7%), from €24,746 to €78,864
- Taxes +€17,760
up €17,760 (+4105.6%), from €433 to €18,192
- Other operating charges -€1,335
down €1,335 (-70.9%), from €1,884 to €549
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 | €196,996 | €361,888 | +€164,892 | +83.7% |
| Fixed assets | 21/28 | €56,067 | €44,937 | -€11,131 | -19.9% |
| Tangible fixed assets | 22/27 | €56,067 | €44,937 | -€11,131 | -19.9% |
| Plant, machinery and equipment | 23 | €6,399 | €7,686 | +€1,287 | +20.1% |
| Furniture and vehicles | 24 | €49,668 | €37,251 | -€12,417 | -25.0% |
| Current assets | 29/58 | €140,929 | €316,951 | +€176,022 | +124.9% |
| Stocks and contracts in progress | 3 | €3,830 | €3,830 | = | 0.0% |
| Stocks | 30/36 | €3,830 | €3,830 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,812 | €215,397 | +€184,586 | +599.1% |
| Trade receivables | 40 | €28,503 | €213,589 | +€185,086 | +649.4% |
| Other amounts receivable | 41 | €2,308 | €1,808 | -€500 | -21.7% |
| Cash at bank and in hand | 54/58 | €25,473 | €97,340 | +€71,867 | +282.1% |
| Deferred charges and accrued income | 490/1 | €80,815 | €384 | -€80,431 | -99.5% |
| Total equity and liabilities | 10/49 | €196,996 | €361,888 | +€164,892 | +83.7% |
| Equity | 10/15 | €35,015 | €79,021 | +€44,006 | +125.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,815 | €72,821 | +€44,006 | +152.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,955 | €70,961 | +€44,006 | +163.3% |
| Amounts payable | 17/49 | €161,981 | €282,867 | +€120,886 | +74.6% |
| Amounts payable after more than one year | 17 | €42,594 | €28,380 | -€14,214 | -33.4% |
| Financial debts | 170/4 | €31,510 | €21,112 | -€10,398 | -33.0% |
| Other amounts payable | 178/9 | €11,084 | €7,269 | -€3,815 | -34.4% |
| Amounts payable within one year | 42/48 | €110,735 | €145,884 | +€35,150 | +31.7% |
| Current portion of amounts payable after more than one year | 42 | €10,294 | €10,398 | +€104 | +1.0% |
| Trade debts | 44 | €69,698 | €94,659 | +€24,962 | +35.8% |
| Suppliers | 440/4 | €69,698 | €94,659 | +€24,962 | +35.8% |
| Taxes, remuneration and social security | 45 | €30,743 | €40,827 | +€10,084 | +32.8% |
| Taxes | 450/3 | €494 | €16,126 | +€15,633 | +3167.7% |
| Remuneration and social security | 454/9 | €30,249 | €24,701 | -€5,548 | -18.3% |
| Accrued charges and deferred income | 492/3 | €8,653 | €108,603 | +€99,950 | +1155.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,974 | €15,436 | -€538 | -3.4% |
| Other operating charges | 640/8 | €1,884 | €549 | -€1,335 | -70.9% |
| Gross operating margin | 9900 | €24,746 | €78,864 | +€54,118 | +218.7% |
| Operating profit (loss) | 9901 | €6,888 | €62,880 | +€55,992 | +812.9% |
| Financial income | 75/76B | €124 | €71 | -€53 | -42.9% |
| Recurring financial income | 75 | €124 | €71 | -€53 | -42.9% |
| Financial charges | 65/66B | €1,122 | €753 | -€369 | -32.9% |
| Recurring financial charges | 65 | €1,122 | €753 | -€369 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €5,891 | €62,198 | +€56,307 | +955.9% |
| Income taxes | 67/77 | €433 | €18,192 | +€17,760 | +4105.6% |
| Profit (loss) for the period | 9904 | €5,458 | €44,006 | +€38,548 | +706.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,458 | €44,006 | +€38,548 | +706.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.