GENC ATMACA 53: 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.
GENC ATMACA 53
Largest movements
- Receivables within one year -€31,597
down €31,597 (-26.4%), from €119,894 to €88,297
of which Trade receivables: -€29,156
- Tangible fixed assets -€29,200
down €29,200 (-29.4%), from €99,433 to €70,233
of which Leasing and similar rights: -€19,000
- Cash +€15,781
up €15,781 (+87.9%), from €17,959 to €33,740
mainly Receivables within one year (+€31,597) and Depreciation (+€29,200)
- Debts after one year -€27,949
down €27,949 (-62.7%), from €44,582 to €16,633
- Other debts -€20,000
no longer reported in 2025 (was €20,000)
- Profit (loss) carried forward +€14,810
up €14,810 (+18.6%), from €79,442 to €94,251
- Trade debts -€7,148
down €7,148 (-38.4%), from €18,632 to €11,484
- Current portion of long-term debt -€2,801
down €2,801 (-9.1%), from €30,751 to €27,949
- Gross operating margin -€14,256
down €14,256 (-10.2%), from €139,989 to €125,733
- Other operating charges +€12,875
up €12,875 (+365%), from €3,529 to €16,405
- Taxes -€6,688
down €6,688 (-63.4%), from €10,546 to €3,858
- Depreciation +€5,600
up €5,600 (+23.7%), from €23,600 to €29,200
- Financial charges -€2,666
down €2,666 (-35.4%), from €7,525 to €4,860
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 | €237,896 | €192,880 | -€45,016 | -18.9% |
| Fixed assets | 21/28 | €100,042 | €70,842 | -€29,200 | -29.2% |
| Tangible fixed assets | 22/27 | €99,433 | €70,233 | -€29,200 | -29.4% |
| Furniture and vehicles | 24 | €45,600 | €35,400 | -€10,200 | -22.4% |
| Leasing and similar rights | 25 | €53,833 | €34,833 | -€19,000 | -35.3% |
| Financial fixed assets | 28 | €609 | €609 | = | 0.0% |
| Current assets | 29/58 | €137,854 | €122,038 | -€15,816 | -11.5% |
| Amounts receivable within one year | 40/41 | €119,894 | €88,297 | -€31,597 | -26.4% |
| Trade receivables | 40 | €45,468 | €16,313 | -€29,156 | -64.1% |
| Other amounts receivable | 41 | €74,426 | €71,985 | -€2,441 | -3.3% |
| Cash at bank and in hand | 54/58 | €17,959 | €33,740 | +€15,781 | +87.9% |
| Total equity and liabilities | 10/49 | €237,896 | €192,880 | -€45,016 | -18.9% |
| Equity | 10/15 | €96,529 | €110,139 | +€13,610 | +14.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,442 | €94,251 | +€14,810 | +18.6% |
| Investment grants | 15 | €2,827 | €1,627 | -€1,200 | -42.4% |
| Amounts payable | 17/49 | €141,366 | €82,741 | -€58,625 | -41.5% |
| Amounts payable after more than one year | 17 | €44,582 | €16,633 | -€27,949 | -62.7% |
| Financial debts | 170/4 | €44,582 | €16,633 | -€27,949 | -62.7% |
| Amounts payable within one year | 42/48 | €96,784 | €66,108 | -€30,676 | -31.7% |
| Current portion of amounts payable after more than one year | 42 | €30,751 | €27,949 | -€2,801 | -9.1% |
| Trade debts | 44 | €18,632 | €11,484 | -€7,148 | -38.4% |
| Suppliers | 440/4 | €18,632 | €11,484 | -€7,148 | -38.4% |
| Taxes, remuneration and social security | 45 | €27,402 | €26,675 | -€727 | -2.7% |
| Taxes | 450/3 | €18,347 | €14,969 | -€3,378 | -18.4% |
| Remuneration and social security | 454/9 | €9,055 | €11,706 | +€2,651 | +29.3% |
| Other amounts payable | 47/48 | €20,000 | - | -€20,000 | |
| Non-recurring operating income | 76A | €12,000 | - | -€12,000 | |
| Remuneration, social security and pensions | 62 | €59,308 | €57,801 | -€1,507 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,600 | €29,200 | +€5,600 | +23.7% |
| Other operating charges | 640/8 | €3,529 | €16,405 | +€12,875 | +365% |
| Gross operating margin | 9900 | €139,989 | €125,733 | -€14,256 | -10.2% |
| Operating profit (loss) | 9901 | €53,552 | €22,327 | -€31,225 | -58.3% |
| Financial income | 75/76B | €1,200 | €1,200 | +€0 | 0.0% |
| Recurring financial income | 75 | €1,200 | €1,200 | +€0 | 0.0% |
| Financial charges | 65/66B | €7,525 | €4,860 | -€2,666 | -35.4% |
| Recurring financial charges | 65 | €7,525 | €4,860 | -€2,666 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €47,227 | €18,668 | -€28,559 | -60.5% |
| Income taxes | 67/77 | €10,546 | €3,858 | -€6,688 | -63.4% |
| Profit (loss) for the period | 9904 | €36,681 | €14,810 | -€21,872 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,681 | €14,810 | -€21,872 | -59.6% |
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 27 October 2026 via checked.be.