GENER8: 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.
GENER8
Largest movements
- Cash +€43,031
up €43,031 (+83.3%), from €51,631 to €94,662
mainly Net result for the year (+€41,490) and Tax, wage and social debts (+€5,301)
- Receivables within one year +€2,859
up €2,859 (+36.7%), from €7,789 to €10,648
- Profit (loss) carried forward +€27,490
up €27,490, from -€27,441 to €49
- Reserves +€14,000
up €14,000 (+24.7%), from €56,748 to €70,748
of which Distributable reserves: +€14,000
- Tax, wage and social debts +€5,301
up €5,301 (+623%), from €850 to €6,152
- Trade debts -€1,645
down €1,645 (-85.1%), from €1,932 to €288
- Other debts -€1,293
down €1,293 (-5.0%), from €25,778 to €24,485
- Gross operating margin +€55,085
up €55,085, from -€7,735 to €47,349
- Taxes +€3,179
up €3,179 (+2,279%), from €140 to €3,319
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 | €64,540 | €107,921 | +€43,381 | +67.2% |
| Fixed assets | 21/28 | €3,628 | €2,155 | -€1,473 | -40.6% |
| Intangible fixed assets | 21 | €757 | - | -€757 | |
| Tangible fixed assets | 22/27 | €2,870 | €2,155 | -€715 | -24.9% |
| Furniture and vehicles | 24 | €2,870 | €2,155 | -€715 | -24.9% |
| Current assets | 29/58 | €60,912 | €105,766 | +€44,854 | +73.6% |
| Amounts receivable within one year | 40/41 | €7,789 | €10,648 | +€2,859 | +36.7% |
| Trade receivables | 40 | €7,789 | €10,648 | +€2,859 | +36.7% |
| Cash at bank and in hand | 54/58 | €51,631 | €94,662 | +€43,031 | +83.3% |
| Deferred charges and accrued income | 490/1 | €1,492 | €456 | -€1,036 | -69.5% |
| Total equity and liabilities | 10/49 | €64,540 | €107,921 | +€43,381 | +67.2% |
| Equity | 10/15 | €35,506 | €76,997 | +€41,490 | +117% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,748 | €70,748 | +€14,000 | +24.7% |
| Non-distributable reserves | 130/1 | €1,370 | €1,370 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,370 | €1,370 | = | 0.0% |
| Distributable reserves | 133 | €55,378 | €69,378 | +€14,000 | +25.3% |
| Profit (loss) carried forward | 14 | -€27,441 | €49 | +€27,490 | |
| Amounts payable | 17/49 | €29,033 | €30,924 | +€1,891 | +6.5% |
| Amounts payable within one year | 42/48 | €29,033 | €30,924 | +€1,891 | +6.5% |
| Trade debts | 44 | €1,932 | €288 | -€1,645 | -85.1% |
| Suppliers | 440/4 | €1,932 | €288 | -€1,645 | -85.1% |
| Advances received on contracts in progress | 46 | €473 | - | -€473 | |
| Taxes, remuneration and social security | 45 | €850 | €6,152 | +€5,301 | +623% |
| Taxes | 450/3 | €850 | €6,152 | +€5,301 | +623% |
| Other amounts payable | 47/48 | €25,778 | €24,485 | -€1,293 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,106 | €1,473 | +€366 | +33.1% |
| Other operating charges | 640/8 | €1,034 | €1,023 | -€11 | -1.1% |
| Gross operating margin | 9900 | -€7,735 | €47,349 | +€55,085 | |
| Operating profit (loss) | 9901 | -€9,876 | €44,854 | +€54,729 | |
| Financial income | 75/76B | €297 | €190 | -€107 | -36.0% |
| Recurring financial income | 75 | €297 | €190 | -€107 | -36.0% |
| Financial charges | 65/66B | €178 | €235 | +€57 | +32.1% |
| Recurring financial charges | 65 | €178 | €235 | +€57 | +32.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,756 | €44,809 | +€54,565 | |
| Income taxes | 67/77 | €140 | €3,319 | +€3,179 | +2,279% |
| Profit (loss) for the period | 9904 | -€9,896 | €41,490 | +€51,386 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,896 | €41,490 | +€51,386 |
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 14 October 2026 via checked.be.