GENEREUS: 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.
GENEREUS
Largest movements
- Cash -€8,829
down €8,829 (-69.4%), from €12,722 to €3,894
mainly Contributions, distributions and other (-€4,500) and Net result for the year (-€4,348)
- Receivables within one year -€1,508
down €1,508 (-19.9%), from €7,566 to €6,058
of which Trade receivables: -€901
- Deferred charges and accrued income +€337
up €337 (+190.5%), from €177 to €513
- Reserves -€8,848
down €8,848 (-91.7%), from €9,649 to €802
- Tax, wage and social debts -€1,256
down €1,256 (-42.8%), from €2,933 to €1,677
- Gross operating margin -€1,690
down €1,690 (-219.9%), from -€768 to -€2,458
- Depreciation +€506
up €506 (+54.3%), from €932 to €1,438
- Other operating charges -€84
down €84 (-17.3%), from €483 to €400
- Financial income -€65
down €65 (-60.3%), from €109 to €43
- Taxes -€53
down €53 (-100.0%), from €53 to €0
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 | €22,306 | €12,398 | -€9,908 | -44.4% |
| Fixed assets | 21/28 | €1,841 | €1,933 | +€92 | +5.0% |
| Tangible fixed assets | 22/27 | €1,841 | €1,933 | +€92 | +5.0% |
| Plant, machinery and equipment | 23 | €1,841 | €1,933 | +€92 | +5.0% |
| Current assets | 29/58 | €20,465 | €10,465 | -€10,000 | -48.9% |
| Amounts receivable within one year | 40/41 | €7,566 | €6,058 | -€1,508 | -19.9% |
| Trade receivables | 40 | €4,472 | €3,571 | -€901 | -20.2% |
| Other amounts receivable | 41 | €3,094 | €2,487 | -€607 | -19.6% |
| Cash at bank and in hand | 54/58 | €12,722 | €3,894 | -€8,829 | -69.4% |
| Deferred charges and accrued income | 490/1 | €177 | €513 | +€337 | +190.5% |
| Total equity and liabilities | 10/49 | €22,306 | €12,398 | -€9,908 | -44.4% |
| Equity | 10/15 | €12,649 | €3,802 | -€8,848 | -69.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,649 | €802 | -€8,848 | -91.7% |
| Distributable reserves | 133 | €9,649 | €802 | -€8,848 | -91.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €9,656 | €8,596 | -€1,060 | -11.0% |
| Amounts payable within one year | 42/48 | €9,656 | €8,596 | -€1,060 | -11.0% |
| Trade debts | 44 | €2,836 | €2,924 | +€89 | +3.1% |
| Suppliers | 440/4 | €2,836 | €2,924 | +€89 | +3.1% |
| Taxes, remuneration and social security | 45 | €2,933 | €1,677 | -€1,256 | -42.8% |
| Taxes | 450/3 | €2,933 | €1,677 | -€1,256 | -42.8% |
| Other amounts payable | 47/48 | €3,888 | €3,995 | +€108 | +2.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €932 | €1,438 | +€506 | +54.3% |
| Other operating charges | 640/8 | €483 | €400 | -€84 | -17.3% |
| Gross operating margin | 9900 | -€768 | -€2,458 | -€1,690 | -219.9% |
| Operating profit (loss) | 9901 | -€2,184 | -€4,296 | -€2,112 | -96.7% |
| Financial income | 75/76B | €109 | €43 | -€65 | -60.3% |
| Recurring financial income | 75 | €109 | €43 | -€65 | -60.3% |
| Financial charges | 65/66B | €90 | €95 | +€5 | +5.6% |
| Recurring financial charges | 65 | €90 | €95 | +€5 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,165 | -€4,348 | -€2,182 | -100.8% |
| Income taxes | 67/77 | €53 | €0 | -€53 | -100.0% |
| Profit (loss) for the period | 9904 | -€2,218 | -€4,348 | -€2,130 | -96.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,218 | -€4,348 | -€2,130 | -96.0% |
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 9 October 2026 via checked.be.