GENESIS CONSULT: 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.
What changed
GENESIS CONSULT
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.8m
2024 · €2.1m-€305,364
Equity
€2.9m
2024 · €3.4m-€423,470
Cash
€2.5m
2024 · €1.5m+€990,974
Balance sheet total
€8.1m
2024 · €8.4m-€269,729
Largest movements
Assets
- Cash +€990,974
up €990,974 (+67.5%), from €1.5m to €2.5m
mainly Net result for the year (+€1.8m) and Current investments (+€800,000)
- Current investments -€800,000
no longer reported in 2025 (was €800,000)
- Receivables within one year -€249,635
down €249,635 (-4.8%), from €5.2m to €5.0m
of which Trade receivables: -€243,619
- Tangible fixed assets -€119,072
down €119,072 (-21.4%), from €556,136 to €437,064
of which Furniture and vehicles: -€71,071
- Deferred charges and accrued income -€89,781
down €89,781 (-70.4%), from €127,546 to €37,765
Equity and liabilities
- Profit (loss) carried forward -€423,470
down €423,470 (-19.1%), from €2.2m to €1.8m
- Other debts +€198,267
up €198,267 (+9.9%), from €2.0m to €2.2m
- Tax, wage and social debts +€100,718
up €100,718 (+9.4%), from €1.1m to €1.2m
of which Taxes: +€195,321
Income statement
- Turnover -€1.5m
down €1.5m (-5.7%), from €27.0m to €25.5m
- Staff costs -€604,725
down €604,725 (-11.1%), from €5.5m to €4.9m
- Goods and materials -€579,177
down €579,177 (-3.4%), from €17.2m to €16.6m
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.
Result 2024
€2.1m
Turnover
-€1.5m
Other operating income
-€28,004
Goods and materials
+€579,177
Services and other goods
-€101,963
Staff costs
+€604,725
Depreciation
+€13,943
Provisions
+€45,000
Other operating charges
-€3,981
Other operating items
-€2,303
Financial income
+€6,567
Financial charges
-€282
Taxes
+€120,689
Result 2025
€1.8m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.4m
Investment
+€844,320
Financing
-€2.2m
Cash 2024
€1.5m
From operations (derived)
+€2.4m
Net result for the year
+€1.8m
Depreciation
+€76,967
Receivables within one year
+€249,635
Deferred charges and accrued income
+€89,781
Trade debts
-€23,130
Tax, wage and social debts
+€100,718
Other debts
+€198,267
Accrued charges and deferred income
-€79,023
Investment (derived)
+€844,320
Investment in fixed assets (net)
+€44,320
Current investments
+€800,000
Financing
-€2.2m
Current portion of long-term debt
-€51,257
Short-term financial debts
+€8,165
Contributions, distributions and other
-€2.2m
Cash 2025
€2.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,369,646 | €8,099,917 | -€269,729 | -3.2% |
| Fixed assets | 21/28 | €756,821 | €635,534 | -€121,288 | -16.0% |
| Intangible fixed assets | 21 | €2,435 | €220 | -€2,216 | -91.0% |
| Tangible fixed assets | 22/27 | €556,136 | €437,064 | -€119,072 | -21.4% |
| Furniture and vehicles | 24 | €144,417 | €73,346 | -€71,071 | -49.2% |
| Other tangible fixed assets | 26 | €411,719 | €363,718 | -€48,001 | -11.7% |
| Financial fixed assets | 28 | €198,250 | €198,250 | = | 0.0% |
| Other financial fixed assets | 284/8 | €198,250 | €198,250 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €198,250 | €198,250 | = | 0.0% |
| Current assets | 29/58 | €7,612,825 | €7,464,383 | -€148,442 | -1.9% |
| Amounts receivable within one year | 40/41 | €5,217,041 | €4,967,406 | -€249,635 | -4.8% |
| Trade receivables | 40 | €5,211,005 | €4,967,386 | -€243,619 | -4.7% |
| Other amounts receivable | 41 | €6,036 | €20 | -€6,016 | -99.7% |
| Current investments | 50/53 | €800,000 | - | -€800,000 | |
| Other investments | 51/53 | €800,000 | - | -€800,000 | |
| Cash at bank and in hand | 54/58 | €1,468,238 | €2,459,213 | +€990,974 | +67.5% |
| Deferred charges and accrued income | 490/1 | €127,546 | €37,765 | -€89,781 | -70.4% |
| Total equity and liabilities | 10/49 | €8,369,646 | €8,099,917 | -€269,729 | -3.2% |
| Equity | 10/15 | €3,357,903 | €2,934,434 | -€423,470 | -12.6% |
| Contributions | 10/11 | €1,100,000 | €1,100,000 | = | 0.0% |
| Reserves | 13 | €39,011 | €39,011 | = | 0.0% |
| Distributable reserves | 133 | €39,011 | €39,011 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,218,892 | €1,795,423 | -€423,470 | -19.1% |
| Provisions and deferred taxes | 16 | €45,000 | €45,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €45,000 | €45,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €45,000 | €45,000 | = | 0.0% |
| Amounts payable | 17/49 | €4,966,743 | €5,120,483 | +€153,740 | +3.1% |
| Amounts payable within one year | 42/48 | €4,845,228 | €5,077,992 | +€232,763 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €101,663 | €50,406 | -€51,257 | -50.4% |
| Financial debts | 43 | - | €8,165 | +€8,165 | |
| Credit institutions | 430/8 | - | €8,165 | +€8,165 | |
| Trade debts | 44 | €1,674,272 | €1,651,142 | -€23,130 | -1.4% |
| Suppliers | 440/4 | €1,674,272 | €1,651,142 | -€23,130 | -1.4% |
| Taxes, remuneration and social security | 45 | €1,067,560 | €1,168,278 | +€100,718 | +9.4% |
| Taxes | 450/3 | €418,418 | €613,739 | +€195,321 | +46.7% |
| Remuneration and social security | 454/9 | €649,142 | €554,539 | -€94,603 | -14.6% |
| Other amounts payable | 47/48 | €2,001,733 | €2,200,000 | +€198,267 | +9.9% |
| Accrued charges and deferred income | 492/3 | €121,515 | €42,492 | -€79,023 | -65.0% |
| Operating income | 70/76A | €27,169,416 | €25,600,178 | -€1.6m | -5.8% |
| Turnover | 70 | €27,028,591 | €25,489,659 | -€1.5m | -5.7% |
| Other operating income | 74 | €138,522 | €110,519 | -€28,004 | -20.2% |
| Non-recurring operating income | 76A | €2,303 | - | -€2,303 | |
| Operating charges | 60/66A | €24,196,244 | €23,059,343 | -€1.1m | -4.7% |
| Goods for resale, raw materials and consumables | 60 | €17,210,875 | €16,631,697 | -€579,177 | -3.4% |
| Purchases | 600/8 | €17,210,875 | €16,631,697 | -€579,177 | -3.4% |
| Services and other goods | 61 | €1,375,683 | €1,477,646 | +€101,963 | +7.4% |
| Remuneration, social security and pensions | 62 | €5,458,741 | €4,854,016 | -€604,725 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,910 | €76,967 | -€13,943 | -15.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €45,000 | - | -€45,000 | |
| Other operating charges | 640/8 | €15,036 | €19,017 | +€3,981 | +26.5% |
| Operating profit (loss) | 9901 | €2,973,172 | €2,540,834 | -€432,337 | -14.5% |
| Financial income | 75/76B | €2,191 | €8,758 | +€6,567 | +300% |
| Recurring financial income | 75 | €2,191 | €8,758 | +€6,567 | +300% |
| Income from financial fixed assets | 750 | €2,191 | €8,758 | +€6,567 | +300% |
| Other financial income | 752/9 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €120,605 | €120,888 | +€282 | +0.2% |
| Recurring financial charges | 65 | €120,605 | €120,888 | +€282 | +0.2% |
| Debt charges | 650 | €120,603 | €120,863 | +€260 | +0.2% |
| Other financial charges | 652/9 | €2 | €25 | +€23 | +986% |
| Profit (loss) for the period before taxes | 9903 | €2,854,758 | €2,428,704 | -€426,053 | -14.9% |
| Income taxes | 67/77 | €772,863 | €652,174 | -€120,689 | -15.6% |
| Taxes | 670/3 | €772,863 | €654,552 | -€118,312 | -15.3% |
| Tax adjustments and reversals of tax provisions | 77 | - | €2,378 | +€2,378 | |
| Profit (loss) for the period | 9904 | €2,081,894 | €1,776,530 | -€305,364 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,081,894 | €1,776,530 | -€305,364 | -14.7% |
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 17 October 2026 via checked.be.