GENESIS LAB: 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.
GENESIS LAB
Largest movements
- Tangible fixed assets +€26,374
up €26,374 (+269%), from €9,797 to €36,171
of which Furniture and vehicles: +€27,411
- Cash -€16,515
down €16,515 (-20.1%), from €82,044 to €65,530
mainly Investment in fixed assets (net) (-€32,598) and Contributions, distributions and other (-€29,842)
- Receivables within one year +€1,165
up €1,165 (+10.7%), from €10,889 to €12,054
- Reserves -€29,842
down €29,842 (-89.7%), from €33,273 to €3,431
of which Distributable reserves: -€29,842
- Tax, wage and social debts +€16,566
new in 2025: €16,566
of which Taxes: +€15,701
- Debts after one year +€16,230
new in 2025: €16,230
- Profit (loss) carried forward +€9,979
up €9,979 (+29.0%), from -€34,401 to -€24,423
- Trade debts -€9,149
down €9,149 (-8.9%), from €103,308 to €94,159
- Gross operating margin +€40,571
up €40,571 (+1,519%), from €2,671 to €43,242
- Financial charges +€16,178
up €16,178 (+358%), from €4,517 to €20,695
- Taxes +€6,282
new in 2025: €6,282
- Depreciation +€4,635
up €4,635 (+292%), from €1,588 to €6,224
- Financial income +€536
up €536 (+412,662%), from €0 to €537
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 | €103,045 | €114,069 | +€11,024 | +10.7% |
| Fixed assets | 21/28 | €10,112 | €36,486 | +€26,374 | +261% |
| Tangible fixed assets | 22/27 | €9,797 | €36,171 | +€26,374 | +269% |
| Plant, machinery and equipment | 23 | €8,111 | €7,074 | -€1,037 | -12.8% |
| Furniture and vehicles | 24 | €1,686 | €29,097 | +€27,411 | +1,626% |
| Financial fixed assets | 28 | €315 | €315 | = | 0.0% |
| Current assets | 29/58 | €92,933 | €77,583 | -€15,350 | -16.5% |
| Amounts receivable within one year | 40/41 | €10,889 | €12,054 | +€1,165 | +10.7% |
| Other amounts receivable | 41 | €10,889 | €12,054 | +€1,165 | +10.7% |
| Cash at bank and in hand | 54/58 | €82,044 | €65,530 | -€16,515 | -20.1% |
| Total equity and liabilities | 10/49 | €103,045 | €114,069 | +€11,024 | +10.7% |
| Equity | 10/15 | -€1,127 | -€20,991 | -€19,864 | -1,762% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €33,273 | €3,431 | -€29,842 | -89.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €31,413 | €1,571 | -€29,842 | -95.0% |
| Profit (loss) carried forward | 14 | -€34,401 | -€24,423 | +€9,979 | +29.0% |
| Amounts payable | 17/49 | €104,173 | €135,060 | +€30,887 | +29.7% |
| Amounts payable after more than one year | 17 | - | €16,230 | +€16,230 | |
| Financial debts | 170/4 | - | €16,230 | +€16,230 | |
| Amounts payable within one year | 42/48 | €103,308 | €118,830 | +€15,522 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | - | €8,105 | +€8,105 | |
| Trade debts | 44 | €103,308 | €94,159 | -€9,149 | -8.9% |
| Suppliers | 440/4 | €103,308 | €94,159 | -€9,149 | -8.9% |
| Taxes, remuneration and social security | 45 | - | €16,566 | +€16,566 | |
| Taxes | 450/3 | - | €15,701 | +€15,701 | |
| Remuneration and social security | 454/9 | - | €865 | +€865 | |
| Accrued charges and deferred income | 492/3 | €865 | - | -€865 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,588 | €6,224 | +€4,635 | +292% |
| Other operating charges | 640/8 | €384 | €600 | +€216 | +56.1% |
| Gross operating margin | 9900 | €2,671 | €43,242 | +€40,571 | +1,519% |
| Operating profit (loss) | 9901 | €698 | €36,419 | +€35,720 | +5,114% |
| Financial income | 75/76B | €0 | €537 | +€536 | +412,662% |
| Recurring financial income | 75 | €0 | €537 | +€536 | +412,662% |
| Financial charges | 65/66B | €4,517 | €20,695 | +€16,178 | +358% |
| Recurring financial charges | 65 | €4,517 | €20,695 | +€16,178 | +358% |
| Profit (loss) for the period before taxes | 9903 | -€3,819 | €16,260 | +€20,079 | |
| Income taxes | 67/77 | - | €6,282 | +€6,282 | |
| Profit (loss) for the period | 9904 | -€3,819 | €9,979 | +€13,797 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,819 | €9,979 | +€13,797 |
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 18 October 2026 via checked.be.