GENANO BENELUX: 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.
GENANO BENELUX
Largest movements
- Intangible fixed assets -€62,500
no longer reported in 2025 (was €62,500)
- Profit (loss) carried forward -€64,672
down €64,672 (-4.0%), from -€1.6m to -€1.7m
- Depreciation -€87,500
down €87,500 (-58.3%), from €150,000 to €62,500
- Gross operating margin +€951
up €951 (+38.8%), from -€2,455 to -€1,503
- Other operating charges +€41
up €41 (+6.5%), from €628 to €669
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 | €321,247 | €258,747 | -€62,500 | -19.5% |
| Fixed assets | 21/28 | €62,500 | - | -€62,500 | |
| Intangible fixed assets | 21 | €62,500 | - | -€62,500 | |
| Current assets | 29/58 | €258,747 | €258,747 | = | 0.0% |
| Stocks and contracts in progress | 3 | €9,397 | €9,397 | = | 0.0% |
| Stocks | 30/36 | €9,397 | €9,397 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €247,109 | €247,109 | = | 0.0% |
| Trade receivables | 40 | €12,003 | €12,003 | = | 0.0% |
| Other amounts receivable | 41 | €235,106 | €235,106 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,241 | €2,241 | = | 0.0% |
| Total equity and liabilities | 10/49 | €321,247 | €258,747 | -€62,500 | -19.5% |
| Equity | 10/15 | €240,838 | €176,166 | -€64,672 | -26.9% |
| Contributions | 10/11 | €1,854,586 | €1,854,586 | = | 0.0% |
| Capital | 10 | €1,854,586 | €1,854,586 | = | 0.0% |
| Issued capital | 100 | €1,854,586 | €1,854,586 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,613,747 | -€1,678,420 | -€64,672 | -4.0% |
| Amounts payable | 17/49 | €80,408 | €82,580 | +€2,172 | +2.7% |
| Amounts payable after more than one year | 17 | €15,774 | €15,774 | = | 0.0% |
| Financial debts | 170/4 | €15,774 | €15,774 | = | 0.0% |
| Amounts payable within one year | 42/48 | €52,420 | €54,592 | +€2,172 | +4.1% |
| Trade debts | 44 | €52,420 | €54,592 | +€2,172 | +4.1% |
| Suppliers | 440/4 | €52,420 | €54,592 | +€2,172 | +4.1% |
| Accrued charges and deferred income | 492/3 | €12,215 | €12,215 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150,000 | €62,500 | -€87,500 | -58.3% |
| Other operating charges | 640/8 | €628 | €669 | +€41 | +6.5% |
| Gross operating margin | 9900 | -€2,455 | -€1,503 | +€951 | +38.8% |
| Operating profit (loss) | 9901 | -€153,083 | -€64,672 | +€88,410 | +57.8% |
| Profit (loss) for the period before taxes | 9903 | -€153,083 | -€64,672 | +€88,410 | +57.8% |
| Profit (loss) for the period | 9904 | -€153,083 | -€64,672 | +€88,410 | +57.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€153,083 | -€64,672 | +€88,410 | +57.8% |
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 1 November 2026 via checked.be.