GENERATION 2000: 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.
GENERATION 2000
Largest movements
- Financial fixed assets -€1.6m
down €1.6m (-58.6%), from €2.7m to €1.1m
- Receivables within one year -€99,706
down €99,706 (-67.5%), from €147,706 to €48,000
of which Trade receivables: -€147,653
- Tangible fixed assets -€97,252
down €97,252 (-7.2%), from €1.4m to €1.3m
of which Land and buildings: -€74,877
- Reserves -€2.0m
down €2.0m (-89.7%), from €2.2m to €227,110
of which Non-distributable reserves: -€1.6m
- Other debts +€866,996
up €866,996 (+173,399%), from €500 to €867,496
- Profit (loss) carried forward -€710,954
no longer reported in 2025 (was €710,954)
- Financial income -€92,559
down €92,559 (-70.9%), from €130,545 to €37,985
- Turnover +€45,186
up €45,186 (+4.9%), from €925,873 to €971,059
- Taxes -€24,433
down €24,433 (-10.3%), from €236,249 to €211,815
- Depreciation +€12,504
up €12,504 (+14.8%), from €84,748 to €97,252
- Purchases and services -€11,803
down €11,803 (-33.7%), from €34,983 to €23,180
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 | €4,250,226 | €2,450,563 | -€1.8m | -42.3% |
| Fixed assets | 21/28 | €4,091,906 | €2,390,308 | -€1.7m | -41.6% |
| Tangible fixed assets | 22/27 | €1,355,090 | €1,257,838 | -€97,252 | -7.2% |
| Land and buildings | 22 | €1,275,828 | €1,200,951 | -€74,877 | -5.9% |
| Furniture and vehicles | 24 | €8,794 | €1,709 | -€7,085 | -80.6% |
| Other tangible fixed assets | 26 | €70,468 | €55,179 | -€15,290 | -21.7% |
| Financial fixed assets | 28 | €2,736,816 | €1,132,469 | -€1.6m | -58.6% |
| Current assets | 29/58 | €158,320 | €60,255 | -€98,065 | -61.9% |
| Amounts receivable within one year | 40/41 | €147,706 | €48,000 | -€99,706 | -67.5% |
| Trade receivables | 40 | €147,653 | - | -€147,653 | |
| Other amounts receivable | 41 | €54 | €48,000 | +€47,946 | +89,436% |
| Cash at bank and in hand | 54/58 | €6,151 | €11,132 | +€4,981 | +81.0% |
| Deferred charges and accrued income | 490/1 | €4,463 | €1,123 | -€3,340 | -74.8% |
| Total equity and liabilities | 10/49 | €4,250,226 | €2,450,563 | -€1.8m | -42.3% |
| Equity | 10/15 | €4,107,167 | €1,428,633 | -€2.7m | -65.2% |
| Contributions | 10/11 | €1,201,523 | €1,201,523 | = | 0.0% |
| Reserves | 13 | €2,194,690 | €227,110 | -€2.0m | -89.7% |
| Non-distributable reserves | 130/1 | €1,702,170 | €147,170 | -€1.6m | -91.4% |
| Reserves not available under the articles | 1311 | €1,702,170 | €147,170 | -€1.6m | -91.4% |
| Tax-exempt reserves | 132 | €311,490 | €79,940 | -€231,550 | -74.3% |
| Distributable reserves | 133 | €181,030 | - | -€181,030 | |
| Profit (loss) carried forward | 14 | €710,954 | - | -€710,954 | |
| Amounts payable | 17/49 | €143,060 | €1,021,930 | +€878,870 | +614% |
| Amounts payable after more than one year | 17 | €9,247 | - | -€9,247 | |
| Financial debts | 170/4 | €9,247 | - | -€9,247 | |
| Amounts payable within one year | 42/48 | €133,465 | €1,020,950 | +€887,486 | +665% |
| Current portion of amounts payable after more than one year | 42 | €22,011 | €9,247 | -€12,764 | -58.0% |
| Financial debts | 43 | €22,307 | €40,374 | +€18,067 | +81.0% |
| Credit institutions | 430/8 | €22,307 | €40,374 | +€18,067 | +81.0% |
| Trade debts | 44 | €1,108 | €957 | -€151 | -13.6% |
| Suppliers | 440/4 | €1,108 | €957 | -€151 | -13.6% |
| Taxes, remuneration and social security | 45 | €87,538 | €102,875 | +€15,337 | +17.5% |
| Taxes | 450/3 | €87,538 | €102,875 | +€15,337 | +17.5% |
| Other amounts payable | 47/48 | €500 | €867,496 | +€866,996 | +173,399% |
| Accrued charges and deferred income | 492/3 | €348 | €979 | +€632 | +182% |
| Turnover | 70 | €925,873 | €971,059 | +€45,186 | +4.9% |
| Non-recurring operating income | 76A | €51,004 | - | -€51,004 | |
| Goods, raw materials, services and sundry goods | 60/61 | €34,983 | €23,180 | -€11,803 | -33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,748 | €97,252 | +€12,504 | +14.8% |
| Other operating charges | 640/8 | €36,560 | €38,706 | +€2,145 | +5.9% |
| Gross operating margin | 9900 | €941,895 | €947,879 | +€5,984 | +0.6% |
| Operating profit (loss) | 9901 | €820,587 | €811,921 | -€8,665 | -1.1% |
| Financial income | 75/76B | €130,545 | €37,985 | -€92,559 | -70.9% |
| Recurring financial income | 75 | €130,545 | €37,985 | -€92,559 | -70.9% |
| Financial charges | 65/66B | €3,929 | €2,645 | -€1,284 | -32.7% |
| Recurring financial charges | 65 | €3,929 | €2,645 | -€1,284 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €947,202 | €847,262 | -€99,941 | -10.6% |
| Income taxes | 67/77 | €236,249 | €211,815 | -€24,433 | -10.3% |
| Profit (loss) for the period | 9904 | €710,954 | €635,446 | -€75,507 | -10.6% |
| Transfer from tax-exempt reserves | 789 | €181,030 | €231,550 | +€50,520 | +27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €891,984 | €866,996 | -€24,987 | -2.8% |
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 18 October 2026 via checked.be.