Generation Balance: what changed
Two fiscal 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 Balance
Largest movements
- Receivables within one year -€9,096
down €9,096 (-78.7%), from €11,552 to €2,455
of which Trade receivables: -€5,429
- Intangible fixed assets -€1,480
down €1,480 (-26.2%), from €5,647 to €4,167
- Cash +€879
up €879 (+4.6%), from €18,985 to €19,864
mainly Receivables within one year (+€9,096) and Depreciation (+€1,480)
- Reserves -€7,620
down €7,620 (-30.7%), from €24,820 to €17,200
- Tax, wage and social debts -€1,297
down €1,297 (-74.9%), from €1,732 to €435
- Trade debts -€605
down €605 (-11.1%), from €5,431 to €4,826
- Gross operating margin -€21,870
down €21,870, from €16,456 to -€5,414
- Taxes -€3,062
down €3,062 (-100.0%), from €3,062 to €0
- Depreciation -€173
down €173 (-10.5%), from €1,653 to €1,480
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.
Cash bridge derived
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 | €36,183 | €26,486 | -€9,697 | -26.8% |
| Fixed assets | 21/28 | €5,647 | €4,167 | -€1,480 | -26.2% |
| Intangible fixed assets | 21 | €5,647 | €4,167 | -€1,480 | -26.2% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €30,536 | €22,319 | -€8,217 | -26.9% |
| Amounts receivable within one year | 40/41 | €11,552 | €2,455 | -€9,096 | -78.7% |
| Trade receivables | 40 | €6,736 | €1,307 | -€5,429 | -80.6% |
| Other amounts receivable | 41 | €4,816 | €1,148 | -€3,668 | -76.2% |
| Cash at bank and in hand | 54/58 | €18,985 | €19,864 | +€879 | +4.6% |
| Total equity and liabilities | 10/49 | €36,183 | €26,486 | -€9,697 | -26.8% |
| Equity | 10/15 | €28,899 | €21,225 | -€7,674 | -26.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €24,820 | €17,200 | -€7,620 | -30.7% |
| Distributable reserves | 133 | €24,820 | €17,200 | -€7,620 | -30.7% |
| Profit (loss) carried forward | 14 | €79 | €25 | -€54 | -68.5% |
| Amounts payable | 17/49 | €7,284 | €5,261 | -€2,023 | -27.8% |
| Amounts payable within one year | 42/48 | €7,284 | €5,261 | -€2,023 | -27.8% |
| Trade debts | 44 | €5,431 | €4,826 | -€605 | -11.1% |
| Suppliers | 440/4 | €5,431 | €4,826 | -€605 | -11.1% |
| Taxes, remuneration and social security | 45 | €1,732 | €435 | -€1,297 | -74.9% |
| Taxes | 450/3 | €1,732 | €435 | -€1,297 | -74.9% |
| Other amounts payable | 47/48 | €121 | €0 | -€121 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,653 | €1,480 | -€173 | -10.5% |
| Other operating charges | 640/8 | €564 | €520 | -€44 | -7.9% |
| Gross operating margin | 9900 | €16,456 | -€5,414 | -€21,870 | |
| Operating profit (loss) | 9901 | €14,239 | -€7,414 | -€21,653 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €135 | €260 | +€125 | +93.0% |
| Recurring financial charges | 65 | €135 | €260 | +€125 | +93.0% |
| Profit (loss) for the period before taxes | 9903 | €14,105 | -€7,674 | -€21,779 | |
| Income taxes | 67/77 | €3,062 | €0 | -€3,062 | -100.0% |
| Profit (loss) for the period | 9904 | €11,043 | -€7,674 | -€18,717 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,043 | -€7,674 | -€18,717 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.