GENESYS: 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.
GENESYS
Largest movements
- Tangible fixed assets +€153,178
up €153,178 (+681%), from €22,499 to €175,677
of which Furniture and vehicles: +€156,245
- Receivables after one year -€97,457
down €97,457 (-70.7%), from €137,790 to €40,333
- Cash +€28,230
up €28,230 (+69.8%), from €40,417 to €68,647
mainly Debts after one year (+€100,150) and Receivables after one year (+€97,457)
- Receivables within one year -€22,289
down €22,289 (-60.3%), from €36,936 to €14,646
of which Trade receivables: -€25,929
- Current investments +€14,050
up €14,050 (+99.2%), from €14,167 to €28,217
- Debts after one year +€100,150
up €100,150 (+626%), from €16,000 to €116,150
- Reserves -€74,479
down €74,479 (-37.4%), from €199,388 to €124,909
of which Distributable reserves: -€74,479
- Current portion of long-term debt +€35,574
up €35,574 (+3,758%), from €947 to €36,521
- Tax, wage and social debts +€27,237
up €27,237 (+454%), from €5,994 to €33,231
of which Taxes: +€27,237
- Trade debts -€11,687
down €11,687 (-83.6%), from €13,980 to €2,293
- Gross operating margin +€62,691
up €62,691 (+106%), from €58,983 to €121,674
- Taxes +€11,064
up €11,064 (+59.7%), from €18,525 to €29,589
- Staff costs -€6,020
down €6,020 (-60.2%), from €9,992 to €3,972
- Financial charges +€2,318
up €2,318 (+370%), from €627 to €2,945
- Depreciation +€2,160
up €2,160 (+13.8%), from €15,692 to €17,852
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 | €251,809 | €329,186 | +€77,376 | +30.7% |
| Fixed assets | 21/28 | €22,499 | €175,677 | +€153,178 | +681% |
| Tangible fixed assets | 22/27 | €22,499 | €175,677 | +€153,178 | +681% |
| Plant, machinery and equipment | 23 | €16,706 | €13,639 | -€3,067 | -18.4% |
| Furniture and vehicles | 24 | €5,793 | €162,038 | +€156,245 | +2,697% |
| Current assets | 29/58 | €229,310 | €153,508 | -€75,802 | -33.1% |
| Amounts receivable after more than one year | 29 | €137,790 | €40,333 | -€97,457 | -70.7% |
| Other amounts receivable | 291 | €137,790 | €40,333 | -€97,457 | -70.7% |
| Amounts receivable within one year | 40/41 | €36,936 | €14,646 | -€22,289 | -60.3% |
| Trade receivables | 40 | €25,929 | €0 | -€25,929 | -100% |
| Other amounts receivable | 41 | €11,007 | €14,646 | +€3,639 | +33.1% |
| Current investments | 50/53 | €14,167 | €28,217 | +€14,050 | +99.2% |
| Cash at bank and in hand | 54/58 | €40,417 | €68,647 | +€28,230 | +69.8% |
| Deferred charges and accrued income | 490/1 | - | €1,665 | +€1,665 | |
| Total equity and liabilities | 10/49 | €251,809 | €329,186 | +€77,376 | +30.7% |
| Equity | 10/15 | €212,388 | €137,909 | -€74,479 | -35.1% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €199,388 | €124,909 | -€74,479 | -37.4% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €196,888 | €122,409 | -€74,479 | -37.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €39,421 | €191,276 | +€151,855 | +385% |
| Amounts payable after more than one year | 17 | €16,000 | €116,150 | +€100,150 | +626% |
| Financial debts | 170/4 | €16,000 | €116,150 | +€100,150 | +626% |
| Amounts payable within one year | 42/48 | €23,421 | €74,545 | +€51,124 | +218% |
| Current portion of amounts payable after more than one year | 42 | €947 | €36,521 | +€35,574 | +3,758% |
| Trade debts | 44 | €13,980 | €2,293 | -€11,687 | -83.6% |
| Suppliers | 440/4 | €13,980 | €2,293 | -€11,687 | -83.6% |
| Taxes, remuneration and social security | 45 | €5,994 | €33,231 | +€27,237 | +454% |
| Taxes | 450/3 | €5,994 | €33,231 | +€27,237 | +454% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,500 | €2,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €582 | +€582 | |
| Non-recurring operating income | 76A | - | €31,448 | +€31,448 | |
| Remuneration, social security and pensions | 62 | €9,992 | €3,972 | -€6,020 | -60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,692 | €17,852 | +€2,160 | +13.8% |
| Other operating charges | 640/8 | €2,328 | €872 | -€1,456 | -62.5% |
| Non-recurring operating charges | 66A | €6,639 | €0 | -€6,639 | -100% |
| Gross operating margin | 9900 | €58,983 | €121,674 | +€62,691 | +106% |
| Operating profit (loss) | 9901 | €24,332 | €98,978 | +€74,646 | +307% |
| Financial income | 75/76B | €3,670 | €2,279 | -€1,391 | -37.9% |
| Recurring financial income | 75 | €2,806 | €2,279 | -€527 | -18.8% |
| Non-recurring financial income | 76B | €864 | €0 | -€864 | -100% |
| Financial charges | 65/66B | €627 | €2,945 | +€2,318 | +370% |
| Recurring financial charges | 65 | €627 | €2,945 | +€2,318 | +370% |
| Profit (loss) for the period before taxes | 9903 | €27,375 | €98,312 | +€70,937 | +259% |
| Income taxes | 67/77 | €18,525 | €29,589 | +€11,064 | +59.7% |
| Profit (loss) for the period | 9904 | €8,850 | €68,723 | +€59,873 | +677% |
| Profit (loss) for the period to be appropriated | 9905 | €8,850 | €68,723 | +€59,873 | +677% |
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 16 October 2026 via checked.be.