GENET: 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.
GENET
Largest movements
- Receivables within one year +€834
up €834 (+138935.0%), from €1 to €834
of which Trade receivables: +€771
- Profit (loss) carried forward +€3,128
up €3,128 (+15.9%), from -€19,706 to -€16,578
- Tax, wage and social debts -€2,654
down €2,654 (-43.1%), from €6,152 to €3,498
of which Remuneration and social security: -€2,073
- Other debts +€1,166
up €1,166 (+13.6%), from €8,577 to €9,743
- Trade debts -€842
down €842 (-94.5%), from €891 to €49
- Turnover +€48,616
new in 2025: €48,616
- Purchases and services +€42,729
new in 2025: €42,729
- Gross operating margin +€2,045
up €2,045 (+50.2%), from €4,074 to €6,118
- Taxes +€1,066
up €1,066 (+245.2%), from €434 to €1,500
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 | €3,973 | €4,771 | +€798 | +20.1% |
| Fixed assets | 21/28 | €137 | €137 | = | 0.0% |
| Financial fixed assets | 28 | €137 | €137 | = | 0.0% |
| Current assets | 29/58 | €3,837 | €4,635 | +€798 | +20.8% |
| Stocks and contracts in progress | 3 | €1,938 | €1,912 | -€25 | -1.3% |
| Stocks | 30/36 | €1,938 | €1,912 | -€25 | -1.3% |
| Amounts receivable within one year | 40/41 | €1 | €834 | +€834 | +138935.0% |
| Trade receivables | 40 | - | €771 | +€771 | |
| Other amounts receivable | 41 | €1 | €63 | +€62 | +10371.7% |
| Cash at bank and in hand | 54/58 | €850 | €840 | -€10 | -1.2% |
| Deferred charges and accrued income | 490/1 | €1,048 | €1,048 | = | 0.0% |
| Total equity and liabilities | 10/49 | €3,973 | €4,771 | +€798 | +20.1% |
| Equity | 10/15 | -€11,646 | -€8,518 | +€3,128 | +26.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,706 | -€16,578 | +€3,128 | +15.9% |
| Amounts payable | 17/49 | €15,620 | €13,290 | -€2,330 | -14.9% |
| Amounts payable after more than one year | 17 | €0 | - | -€0 | |
| Financial debts | 170/4 | €0 | - | -€0 | |
| Amounts payable within one year | 42/48 | €15,619 | €13,290 | -€2,330 | -14.9% |
| Trade debts | 44 | €891 | €49 | -€842 | -94.5% |
| Suppliers | 440/4 | €891 | €49 | -€842 | -94.5% |
| Taxes, remuneration and social security | 45 | €6,152 | €3,498 | -€2,654 | -43.1% |
| Taxes | 450/3 | €581 | - | -€581 | |
| Remuneration and social security | 454/9 | €5,570 | €3,498 | -€2,073 | -37.2% |
| Other amounts payable | 47/48 | €8,577 | €9,743 | +€1,166 | +13.6% |
| Turnover | 70 | - | €48,616 | +€48,616 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €42,729 | +€42,729 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €255 | - | -€255 | |
| Other operating charges | 640/8 | €1,034 | €1,069 | +€35 | +3.4% |
| Gross operating margin | 9900 | €4,074 | €6,118 | +€2,045 | +50.2% |
| Operating profit (loss) | 9901 | €2,785 | €5,050 | +€2,265 | +81.3% |
| Financial charges | 65/66B | €449 | €422 | -€27 | -6.1% |
| Recurring financial charges | 65 | €449 | €422 | -€27 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €2,336 | €4,628 | +€2,292 | +98.1% |
| Income taxes | 67/77 | €434 | €1,500 | +€1,066 | +245.2% |
| Profit (loss) for the period | 9904 | €1,901 | €3,128 | +€1,226 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,901 | €3,128 | +€1,226 | +64.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.