GENESIA: 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.
GENESIA
Largest movements
- Tangible fixed assets +€83,481
up €83,481 (+137%), from €61,033 to €144,514
of which Land and buildings: +€83,968
- Receivables within one year -€49,850
down €49,850 (-44.5%), from €112,079 to €62,230
of which Trade receivables: -€40,807
- Cash +€8,591
up €8,591 (+36.4%), from €23,588 to €32,179
mainly Net result for the year (+€94,696) and Receivables within one year (+€49,850)
- Reserves +€48,404
up €48,404 (+19.2%), from €252,267 to €300,671
of which Distributable reserves: +€48,404
- Current portion of long-term debt -€11,897
down €11,897 (-100%), from €11,897 to €0
- Tax, wage and social debts +€8,222
up €8,222 (+87.7%), from €9,376 to €17,597
- Accrued charges and deferred income +€4,717
new in 2025: €4,717
- Gross operating margin +€52,107
up €52,107 (+44.2%), from €117,999 to €170,106
- Taxes +€16,560
up €16,560 (+72.6%), from €22,797 to €39,357
- Depreciation -€4,552
down €4,552 (-12.2%), from €37,209 to €32,657
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 | €360,625 | €404,833 | +€44,209 | +12.3% |
| Fixed assets | 21/28 | €61,123 | €144,604 | +€83,481 | +137% |
| Tangible fixed assets | 22/27 | €61,033 | €144,514 | +€83,481 | +137% |
| Land and buildings | 22 | €57,568 | €141,536 | +€83,968 | +146% |
| Plant, machinery and equipment | 23 | - | €2,504 | +€2,504 | |
| Furniture and vehicles | 24 | €3,465 | €474 | -€2,991 | -86.3% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €299,501 | €260,229 | -€39,272 | -13.1% |
| Amounts receivable within one year | 40/41 | €112,079 | €62,230 | -€49,850 | -44.5% |
| Trade receivables | 40 | €73,309 | €32,502 | -€40,807 | -55.7% |
| Other amounts receivable | 41 | €38,771 | €29,727 | -€9,043 | -23.3% |
| Current investments | 50/53 | €162,670 | €163,170 | +€500 | +0.3% |
| Cash at bank and in hand | 54/58 | €23,588 | €32,179 | +€8,591 | +36.4% |
| Deferred charges and accrued income | 490/1 | €1,164 | €2,651 | +€1,486 | +128% |
| Total equity and liabilities | 10/49 | €360,625 | €404,833 | +€44,209 | +12.3% |
| Equity | 10/15 | €281,399 | €328,085 | +€46,686 | +16.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €252,267 | €300,671 | +€48,404 | +19.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €252,267 | €300,671 | +€48,404 | +19.2% |
| Profit (loss) carried forward | 14 | €22,932 | €21,214 | -€1,718 | -7.5% |
| Amounts payable | 17/49 | €79,225 | €76,749 | -€2,477 | -3.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €79,225 | €72,031 | -€7,194 | -9.1% |
| Current portion of amounts payable after more than one year | 42 | €11,897 | €0 | -€11,897 | -100% |
| Trade debts | 44 | €6,868 | €6,424 | -€444 | -6.5% |
| Suppliers | 440/4 | €6,868 | €6,424 | -€444 | -6.5% |
| Taxes, remuneration and social security | 45 | €9,376 | €17,597 | +€8,222 | +87.7% |
| Taxes | 450/3 | €9,376 | €17,597 | +€8,222 | +87.7% |
| Other amounts payable | 47/48 | €51,084 | €48,010 | -€3,074 | -6.0% |
| Accrued charges and deferred income | 492/3 | - | €4,717 | +€4,717 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,209 | €32,657 | -€4,552 | -12.2% |
| Other operating charges | 640/8 | €3,808 | €3,923 | +€115 | +3.0% |
| Gross operating margin | 9900 | €117,999 | €170,106 | +€52,107 | +44.2% |
| Operating profit (loss) | 9901 | €76,982 | €133,526 | +€56,544 | +73.5% |
| Financial income | 75/76B | €3,657 | €1,994 | -€1,664 | -45.5% |
| Recurring financial income | 75 | €3,657 | €1,994 | -€1,664 | -45.5% |
| Financial charges | 65/66B | €2,078 | €1,467 | -€611 | -29.4% |
| Recurring financial charges | 65 | €2,078 | €1,467 | -€611 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €78,561 | €134,053 | +€55,492 | +70.6% |
| Income taxes | 67/77 | €22,797 | €39,357 | +€16,560 | +72.6% |
| Profit (loss) for the period | 9904 | €55,764 | €94,696 | +€38,932 | +69.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,764 | €94,696 | +€38,932 | +69.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.