Geneche Estate: 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.
Geneche Estate
Largest movements
- Tangible fixed assets -€76,880
down €76,880 (-3.1%), from €2.5m to €2.4m
- Cash -€53,657
down €53,657 (-94.1%), from €56,993 to €3,337
mainly Debts after one year (-€142,365) and Other debts (-€31,655)
- Debts after one year -€142,365
down €142,365 (-8.6%), from €1.7m to €1.5m
- Profit (loss) carried forward +€41,886
up €41,886 (+56.4%), from €74,257 to €116,143
- Other debts -€31,655
down €31,655 (-10.4%), from €305,033 to €273,379
- Gross operating margin +€74,759
up €74,759 (+60.4%), from €123,710 to €198,469
- Financial charges +€20,865
up €20,865 (+69.5%), from €30,012 to €50,877
- Depreciation +€14,490
up €14,490 (+23.2%), from €62,390 to €76,880
- Taxes +€9,072
up €9,072 (+183%), from €4,948 to €14,020
- Other operating charges +€3,123
up €3,123 (+26.7%), from €11,683 to €14,806
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 | €2,547,275 | €2,422,110 | -€125,165 | -4.9% |
| Fixed assets | 21/28 | €2,490,229 | €2,413,349 | -€76,880 | -3.1% |
| Tangible fixed assets | 22/27 | €2,490,229 | €2,413,349 | -€76,880 | -3.1% |
| Land and buildings | 22 | €2,490,229 | €2,413,349 | -€76,880 | -3.1% |
| Current assets | 29/58 | €57,046 | €8,761 | -€48,284 | -84.6% |
| Amounts receivable within one year | 40/41 | €52 | €4,081 | +€4,029 | +7,716% |
| Trade receivables | 40 | - | €4,029 | +€4,029 | |
| Other amounts receivable | 41 | €52 | €52 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €56,993 | €3,337 | -€53,657 | -94.1% |
| Deferred charges and accrued income | 490/1 | - | €1,343 | +€1,343 | |
| Total equity and liabilities | 10/49 | €2,547,275 | €2,422,110 | -€125,165 | -4.9% |
| Equity | 10/15 | €433,347 | €475,233 | +€41,886 | +9.7% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Revaluation surpluses | 12 | €59,090 | €59,090 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,257 | €116,143 | +€41,886 | +56.4% |
| Amounts payable | 17/49 | €2,113,928 | €1,946,877 | -€167,051 | -7.9% |
| Amounts payable after more than one year | 17 | €1,660,696 | €1,518,331 | -€142,365 | -8.6% |
| Financial debts | 170/4 | €1,660,696 | €1,518,331 | -€142,365 | -8.6% |
| Amounts payable within one year | 42/48 | €453,232 | €428,547 | -€24,685 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €146,110 | €149,805 | +€3,695 | +2.5% |
| Trade debts | 44 | €2,088 | €1,343 | -€745 | -35.7% |
| Suppliers | 440/4 | €2,088 | €1,343 | -€745 | -35.7% |
| Taxes, remuneration and social security | 45 | - | €4,020 | +€4,020 | |
| Taxes | 450/3 | - | €4,020 | +€4,020 | |
| Other amounts payable | 47/48 | €305,033 | €273,379 | -€31,655 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,390 | €76,880 | +€14,490 | +23.2% |
| Other operating charges | 640/8 | €11,683 | €14,806 | +€3,123 | +26.7% |
| Gross operating margin | 9900 | €123,710 | €198,469 | +€74,759 | +60.4% |
| Operating profit (loss) | 9901 | €49,637 | €106,783 | +€57,146 | +115% |
| Financial charges | 65/66B | €30,012 | €50,877 | +€20,865 | +69.5% |
| Recurring financial charges | 65 | €30,012 | €50,877 | +€20,865 | +69.5% |
| Profit (loss) for the period before taxes | 9903 | €19,625 | €55,906 | +€36,281 | +185% |
| Income taxes | 67/77 | €4,948 | €14,020 | +€9,072 | +183% |
| Profit (loss) for the period | 9904 | €14,677 | €41,886 | +€27,209 | +185% |
| Profit (loss) for the period to be appropriated | 9905 | €14,677 | €41,886 | +€27,209 | +185% |
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.