GENDEBIEN SEMOULIN: 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.
GENDEBIEN SEMOULIN
Largest movements
- Receivables within one year -€197,492
no longer reported in 2025 (was €197,492)
of which Other amounts receivable: -€196,040
- Deferred charges and accrued income +€132,000
up €132,000 (+174%), from €76,012 to €208,012
- Tangible fixed assets +€36,630
up €36,630 (+393%), from €9,326 to €45,955
of which Furniture and vehicles: +€19,919
- Cash +€9,658
up €9,658 (+3.7%), from €259,151 to €268,810
mainly Net result for the year (+€334,892) and Other debts (+€201,954)
- Profit (loss) carried forward -€214,916
no longer reported in 2025 (was €214,916)
- Other debts +€201,954
up €201,954 (+91.7%), from €220,259 to €422,214
- Tax, wage and social debts -€11,621
down €11,621 (-14.8%), from €78,592 to €66,971
- Gross operating margin +€187,289
up €187,289 (+53.1%), from €352,642 to €539,931
- Financial charges +€35,715
up €35,715 (+68.8%), from €51,949 to €87,664
- Taxes +€34,606
up €34,606 (+45.7%), from €75,750 to €110,356
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 | €541,981 | €522,777 | -€19,204 | -3.5% |
| Fixed assets | 21/28 | €9,326 | €45,955 | +€36,630 | +393% |
| Tangible fixed assets | 22/27 | €9,326 | €45,955 | +€36,630 | +393% |
| Plant, machinery and equipment | 23 | - | €16,711 | +€16,711 | |
| Furniture and vehicles | 24 | €9,326 | €29,244 | +€19,919 | +214% |
| Current assets | 29/58 | €532,655 | €476,821 | -€55,833 | -10.5% |
| Amounts receivable within one year | 40/41 | €197,492 | - | -€197,492 | |
| Trade receivables | 40 | €1,452 | - | -€1,452 | |
| Other amounts receivable | 41 | €196,040 | - | -€196,040 | |
| Cash at bank and in hand | 54/58 | €259,151 | €268,810 | +€9,658 | +3.7% |
| Deferred charges and accrued income | 490/1 | €76,012 | €208,012 | +€132,000 | +174% |
| Total equity and liabilities | 10/49 | €541,981 | €522,777 | -€19,204 | -3.5% |
| Equity | 10/15 | €233,516 | €18,600 | -€214,916 | -92.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €214,916 | - | -€214,916 | |
| Amounts payable | 17/49 | €308,465 | €504,177 | +€195,712 | +63.4% |
| Amounts payable within one year | 42/48 | €308,465 | €504,177 | +€195,712 | +63.4% |
| Trade debts | 44 | €9,614 | €14,992 | +€5,379 | +55.9% |
| Suppliers | 440/4 | €9,614 | €14,992 | +€5,379 | +55.9% |
| Taxes, remuneration and social security | 45 | €78,592 | €66,971 | -€11,621 | -14.8% |
| Taxes | 450/3 | €78,592 | €66,971 | -€11,621 | -14.8% |
| Other amounts payable | 47/48 | €220,259 | €422,214 | +€201,954 | +91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,385 | €6,038 | +€3,652 | +153% |
| Other operating charges | 640/8 | - | €981 | +€981 | |
| Non-recurring operating charges | 66A | €7,642 | - | -€7,642 | |
| Gross operating margin | 9900 | €352,642 | €539,931 | +€187,289 | +53.1% |
| Operating profit (loss) | 9901 | €342,615 | €532,912 | +€190,297 | +55.5% |
| Financial charges | 65/66B | €51,949 | €87,664 | +€35,715 | +68.8% |
| Recurring financial charges | 65 | €51,949 | €87,664 | +€35,715 | +68.8% |
| Profit (loss) for the period before taxes | 9903 | €290,666 | €445,248 | +€154,582 | +53.2% |
| Income taxes | 67/77 | €75,750 | €110,356 | +€34,606 | +45.7% |
| Profit (loss) for the period | 9904 | €214,916 | €334,892 | +€119,976 | +55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €214,916 | €334,892 | +€119,976 | +55.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.