GENERATION 88: 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 88
Largest movements
- Tangible fixed assets -€15,244
down €15,244 (-4.4%), from €349,355 to €334,111
of which Land and buildings: -€12,264
- Deferred charges and accrued income +€14,004
up €14,004 (+86.3%), from €16,234 to €30,239
- Cash +€7,398
up €7,398 (+244%), from €3,033 to €10,431
mainly Other debts (+€19,859) and Depreciation (+€15,244)
- Receivables within one year -€5,906
down €5,906 (-67.5%), from €8,745 to €2,838
of which Trade receivables: -€5,906
- Other debts +€19,859
up €19,859 (+13.7%), from €145,013 to €164,872
- Debts after one year -€18,721
down €18,721 (-10.9%), from €172,311 to €153,589
- Gross operating margin +€1,114
up €1,114 (+4.6%), from €24,246 to €25,361
- Depreciation -€894
down €894 (-5.5%), from €16,138 to €15,244
- Financial charges -€350
down €350 (-8.6%), from €4,074 to €3,724
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 | €377,367 | €377,619 | +€252 | +0.1% |
| Fixed assets | 21/28 | €349,355 | €334,111 | -€15,244 | -4.4% |
| Tangible fixed assets | 22/27 | €349,355 | €334,111 | -€15,244 | -4.4% |
| Land and buildings | 22 | €346,374 | €334,111 | -€12,264 | -3.5% |
| Furniture and vehicles | 24 | €2,980 | - | -€2,980 | |
| Current assets | 29/58 | €28,012 | €43,508 | +€15,496 | +55.3% |
| Amounts receivable within one year | 40/41 | €8,745 | €2,838 | -€5,906 | -67.5% |
| Trade receivables | 40 | €8,503 | €2,597 | -€5,906 | -69.5% |
| Other amounts receivable | 41 | €241 | €241 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,033 | €10,431 | +€7,398 | +244% |
| Deferred charges and accrued income | 490/1 | €16,234 | €30,239 | +€14,004 | +86.3% |
| Total equity and liabilities | 10/49 | €377,367 | €377,619 | +€252 | +0.1% |
| Equity | 10/15 | €33,061 | €35,022 | +€1,960 | +5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €33,516 | €33,516 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,055 | -€17,095 | +€1,960 | +10.3% |
| Amounts payable | 17/49 | €344,305 | €342,597 | -€1,708 | -0.5% |
| Amounts payable after more than one year | 17 | €172,311 | €153,589 | -€18,721 | -10.9% |
| Financial debts | 170/4 | €172,311 | €153,589 | -€18,721 | -10.9% |
| Amounts payable within one year | 42/48 | €171,994 | €189,008 | +€17,013 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €18,346 | €18,721 | +€376 | +2.0% |
| Trade debts | 44 | €8,296 | €5,075 | -€3,221 | -38.8% |
| Suppliers | 440/4 | €8,296 | €5,075 | -€3,221 | -38.8% |
| Advances received on contracts in progress | 46 | €339 | €339 | = | 0.0% |
| Other amounts payable | 47/48 | €145,013 | €164,872 | +€19,859 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,138 | €15,244 | -€894 | -5.5% |
| Other operating charges | 640/8 | €4,298 | €4,432 | +€134 | +3.1% |
| Gross operating margin | 9900 | €24,246 | €25,361 | +€1,114 | +4.6% |
| Operating profit (loss) | 9901 | €3,811 | €5,684 | +€1,874 | +49.2% |
| Financial charges | 65/66B | €4,074 | €3,724 | -€350 | -8.6% |
| Recurring financial charges | 65 | €4,074 | €3,724 | -€350 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | -€263 | €1,960 | +€2,224 | |
| Profit (loss) for the period | 9904 | -€263 | €1,960 | +€2,224 | |
| Profit (loss) for the period to be appropriated | 9905 | -€263 | €1,960 | +€2,224 |
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.