GEN&SIS: 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.
GEN&SIS
Largest movements
- Cash -€23,205
down €23,205 (-74.1%), from €31,334 to €8,129
mainly Receivables within one year (-€12,703) and Other debts (-€11,968)
- Receivables within one year +€12,703
up €12,703 (+169.2%), from €7,507 to €20,211
of which Trade receivables: +€15,407
- Tangible fixed assets -€714
down €714 (-43.0%), from €1,663 to €949
of which Furniture and vehicles: -€564
- Other debts -€11,968
no longer reported in 2025 (was €11,968)
- Current portion of long-term debt -€4,181
no longer reported in 2025 (was €4,181)
- Trade debts +€2,131
up €2,131 (+4366.5%), from €49 to €2,180
- Profit (loss) carried forward +€2,098
up €2,098 (+14.3%), from €14,671 to €16,769
- Tax, wage and social debts +€622
up €622 (+7.8%), from €7,929 to €8,551
of which Taxes: +€3,722
- Gross operating margin -€5,422
down €5,422 (-44.2%), from €12,272 to €6,849
- Taxes -€1,101
down €1,101 (-47.4%), from €2,322 to €1,221
- Depreciation -€333
down €333 (-30.0%), from €1,109 to €776
- Financial income -€165
down €165 (-88.0%), from €188 to €22
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 | €41,297 | €29,999 | -€11,298 | -27.4% |
| Fixed assets | 21/28 | €1,725 | €949 | -€776 | -45.0% |
| Intangible fixed assets | 21 | €62 | - | -€62 | |
| Tangible fixed assets | 22/27 | €1,663 | €949 | -€714 | -43.0% |
| Land and buildings | 22 | €600 | €450 | -€150 | -25.0% |
| Furniture and vehicles | 24 | €1,063 | €499 | -€564 | -53.1% |
| Current assets | 29/58 | €39,573 | €29,051 | -€10,522 | -26.6% |
| Amounts receivable within one year | 40/41 | €7,507 | €20,211 | +€12,703 | +169.2% |
| Trade receivables | 40 | €4,804 | €20,211 | +€15,407 | +320.7% |
| Other amounts receivable | 41 | €2,704 | - | -€2,704 | |
| Cash at bank and in hand | 54/58 | €31,334 | €8,129 | -€23,205 | -74.1% |
| Deferred charges and accrued income | 490/1 | €731 | €711 | -€20 | -2.8% |
| Total equity and liabilities | 10/49 | €41,297 | €29,999 | -€11,298 | -27.4% |
| Equity | 10/15 | €17,171 | €19,269 | +€2,098 | +12.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,671 | €16,769 | +€2,098 | +14.3% |
| Amounts payable | 17/49 | €24,126 | €10,730 | -€13,396 | -55.5% |
| Amounts payable within one year | 42/48 | €24,126 | €10,730 | -€13,396 | -55.5% |
| Current portion of amounts payable after more than one year | 42 | €4,181 | - | -€4,181 | |
| Trade debts | 44 | €49 | €2,180 | +€2,131 | +4366.5% |
| Suppliers | 440/4 | €49 | €2,180 | +€2,131 | +4366.5% |
| Taxes, remuneration and social security | 45 | €7,929 | €8,551 | +€622 | +7.8% |
| Taxes | 450/3 | €4,829 | €8,551 | +€3,722 | +77.1% |
| Remuneration and social security | 454/9 | €3,100 | - | -€3,100 | |
| Other amounts payable | 47/48 | €11,968 | - | -€11,968 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,109 | €776 | -€333 | -30.0% |
| Other operating charges | 640/8 | - | €74 | +€74 | |
| Gross operating margin | 9900 | €12,272 | €6,849 | -€5,422 | -44.2% |
| Operating profit (loss) | 9901 | €11,162 | €5,999 | -€5,163 | -46.3% |
| Financial income | 75/76B | €188 | €22 | -€165 | -88.0% |
| Recurring financial income | 75 | €188 | €22 | -€165 | -88.0% |
| Financial charges | 65/66B | €2,777 | €2,702 | -€75 | -2.7% |
| Recurring financial charges | 65 | €2,777 | €2,702 | -€75 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €8,573 | €3,319 | -€5,253 | -61.3% |
| Income taxes | 67/77 | €2,322 | €1,221 | -€1,101 | -47.4% |
| Profit (loss) for the period | 9904 | €6,251 | €2,098 | -€4,153 | -66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,251 | €2,098 | -€4,153 | -66.4% |
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 30 September 2026 via checked.be.