GENESTE: 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.
GENESTE
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Tangible fixed assets -€60,444
down €60,444 (-4.3%), from €1.4m to €1.3m
of which Land and buildings: -€67,220
- Cash +€32,087
up €32,087 (+804.1%), from €3,991 to €36,078
mainly Current investments (+€100,000) and Depreciation (+€70,276)
- Other debts -€77,702
down €77,702 (-6.2%), from €1.2m to €1.2m
- Debts after one year -€47,270
down €47,270 (-21.7%), from €217,500 to €170,230
- Gross operating margin -€22,317
down €22,317 (-23.1%), from €96,808 to €74,491
- Other operating charges -€11,426
down €11,426 (-94.4%), from €12,098 to €671
- Financial income +€2,657
up €2,657 (+759257.1%), from €0 to €2,658
- Financial charges -€1,569
down €1,569 (-14.7%), from €10,659 to €9,090
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 | €1,514,944 | €1,387,897 | -€127,047 | -8.4% |
| Fixed assets | 21/28 | €1,393,468 | €1,333,024 | -€60,444 | -4.3% |
| Tangible fixed assets | 22/27 | €1,393,468 | €1,333,024 | -€60,444 | -4.3% |
| Land and buildings | 22 | €1,391,174 | €1,323,954 | -€67,220 | -4.8% |
| Plant, machinery and equipment | 23 | €1,325 | €2,381 | +€1,056 | +79.7% |
| Furniture and vehicles | 24 | €969 | €6,689 | +€5,720 | +590.3% |
| Current assets | 29/58 | €121,476 | €54,873 | -€66,603 | -54.8% |
| Amounts receivable within one year | 40/41 | €13,363 | €13,254 | -€109 | -0.8% |
| Trade receivables | 40 | €8,363 | €8,254 | -€109 | -1.3% |
| Other amounts receivable | 41 | €5,000 | €5,000 | = | 0.0% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €3,991 | €36,078 | +€32,087 | +804.1% |
| Deferred charges and accrued income | 490/1 | €4,123 | €5,541 | +€1,419 | +34.4% |
| Total equity and liabilities | 10/49 | €1,514,944 | €1,387,897 | -€127,047 | -8.4% |
| Equity | 10/15 | €5,728 | €2,414 | -€3,314 | -57.9% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Capital | 10 | €700,000 | €700,000 | = | 0.0% |
| Issued capital | 100 | €700,000 | €700,000 | = | 0.0% |
| Reserves | 13 | €38,048 | €38,048 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,848 | €1,848 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€732,320 | -€735,633 | -€3,314 | -0.5% |
| Amounts payable | 17/49 | €1,509,216 | €1,385,482 | -€123,733 | -8.2% |
| Amounts payable after more than one year | 17 | €217,500 | €170,230 | -€47,270 | -21.7% |
| Financial debts | 170/4 | €217,500 | €170,230 | -€47,270 | -21.7% |
| Amounts payable within one year | 42/48 | €1,291,715 | €1,215,252 | -€76,463 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €45,625 | €47,270 | +€1,646 | +3.6% |
| Trade debts | 44 | €1,319 | €492 | -€828 | -62.7% |
| Suppliers | 440/4 | €1,319 | €492 | -€828 | -62.7% |
| Taxes, remuneration and social security | 45 | €4 | €425 | +€421 | +11288.5% |
| Taxes | 450/3 | €4 | €425 | +€421 | +11288.5% |
| Other amounts payable | 47/48 | €1,244,768 | €1,167,066 | -€77,702 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,877 | €70,276 | +€398 | +0.6% |
| Other operating charges | 640/8 | €12,098 | €671 | -€11,426 | -94.4% |
| Gross operating margin | 9900 | €96,808 | €74,491 | -€22,317 | -23.1% |
| Operating profit (loss) | 9901 | €14,833 | €3,544 | -€11,289 | -76.1% |
| Financial income | 75/76B | €0 | €2,658 | +€2,657 | +759257.1% |
| Recurring financial income | 75 | €0 | €2,658 | +€2,657 | +759257.1% |
| Financial charges | 65/66B | €10,659 | €9,090 | -€1,569 | -14.7% |
| Recurring financial charges | 65 | €10,659 | €9,090 | -€1,569 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €4,174 | -€2,889 | -€7,062 | |
| Income taxes | 67/77 | €374 | €425 | +€51 | +13.7% |
| Profit (loss) for the period | 9904 | €3,800 | -€3,314 | -€7,113 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,800 | -€3,314 | -€7,113 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.