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GENBA: 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.

What changed

GENBA

BE 0728.518.005
NACE 25.530, Machining of metals
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€439
2025 · €20,957-€20,519
Equity
-€15,015
2025 · -€15,454+€439
Cash
€1,444
2025 · €5,733-€4,289
Balance sheet total
€6,965
2025 · €68,593-€61,628

Largest movements

2025 to 2026
Assets
  • Receivables within one year -€57,339

    down €57,339 (-91.2%), from €62,859 to €5,520

    of which Trade receivables: -€57,344

  • Cash -€4,289

    down €4,289 (-74.8%), from €5,733 to €1,444

    mainly Trade debts (-€45,908) and Tax, wage and social debts (-€16,726)

Equity and liabilities
  • Trade debts -€45,908

    down €45,908 (-99.7%), from €46,058 to €150

  • Tax, wage and social debts -€16,726

    down €16,726 (-70.7%), from €23,650 to €6,924

    of which Remuneration and social security: -€10,645

Income statement
  • Gross operating margin -€20,841

    down €20,841 (-93.2%), from €22,368 to €1,526

  • Staff costs -€439

    no longer reported in 2026 (was €439)

  • Taxes +€305

    up €305 (+102.2%), from €299 to €604

  • Other operating charges -€233

    down €233 (-36.8%), from €633 to €400

From the 2025 result to the 2026 result

effect on the 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.

Result 2025 €20,957
Gross operating margin -€20,841
Staff costs +€439
Other operating charges +€233
Financial income -€2
Financial charges -€43
Taxes -€305
Result 2026 €439

Cash bridge derived

cash 2025 to 2026

Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€4,289
Investment €0
Financing €0
Cash 2025 €5,733
Net result for the year +€439
Receivables within one year +€57,339
Trade debts -€45,908
Tax, wage and social debts -€16,726
Other debts +€567
Cash 2026 €1,444
Every line side by side 30 lines
Line Code 2025 2026 Change %
Total assets 20/58 €68,593 €6,965 -€61,628 -89.8%
Current assets 29/58 €68,593 €6,965 -€61,628 -89.8%
Amounts receivable within one year 40/41 €62,859 €5,520 -€57,339 -91.2%
Trade receivables 40 €61,574 €4,230 -€57,344 -93.1%
Other amounts receivable 41 €1,285 €1,290 +€5 +0.4%
Cash at bank and in hand 54/58 €5,733 €1,444 -€4,289 -74.8%
Total equity and liabilities 10/49 €68,593 €6,965 -€61,628 -89.8%
Equity 10/15 -€15,454 -€15,015 +€439 +2.8%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 -€20,454 -€20,015 +€439 +2.1%
Amounts payable 17/49 €84,047 €21,980 -€62,067 -73.8%
Amounts payable within one year 42/48 €84,047 €21,980 -€62,067 -73.8%
Trade debts 44 €46,058 €150 -€45,908 -99.7%
Suppliers 440/4 €46,058 €150 -€45,908 -99.7%
Taxes, remuneration and social security 45 €23,650 €6,924 -€16,726 -70.7%
Taxes 450/3 €13,005 €6,924 -€6,081 -46.8%
Remuneration and social security 454/9 €10,645 - -€10,645
Other amounts payable 47/48 €14,339 €14,906 +€567 +4.0%
Remuneration, social security and pensions 62 €439 - -€439
Other operating charges 640/8 €633 €400 -€233 -36.8%
Gross operating margin 9900 €22,368 €1,526 -€20,841 -93.2%
Operating profit (loss) 9901 €21,296 €1,127 -€20,169 -94.7%
Financial income 75/76B €2 - -€2
Recurring financial income 75 €2 - -€2
Financial charges 65/66B €42 €84 +€43 +102.1%
Recurring financial charges 65 €42 €84 +€43 +102.1%
Profit (loss) for the period before taxes 9903 €21,256 €1,043 -€20,214 -95.1%
Income taxes 67/77 €299 €604 +€305 +102.2%
Profit (loss) for the period 9904 €20,957 €439 -€20,519 -97.9%
Profit (loss) for the period to be appropriated 9905 €20,957 €439 -€20,519 -97.9%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.