GENETO: 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.
GENETO
Largest movements
- Intangible fixed assets -€11,375
down €11,375 (-20.0%), from €56,875 to €45,500
- Receivables within one year -€6,009
down €6,009 (-27.9%), from €21,560 to €15,551
of which Trade receivables: -€7,900
- Profit (loss) carried forward -€15,677
down €15,677 (-21.9%), from -€71,481 to -€87,158
- Tax, wage and social debts -€1,000
no longer reported in 2024 (was €1,000)
- Gross operating margin -€11,704
down €11,704, from €8,089 to -€3,615
- Financial income -€563
down €563 (-60.7%), from €928 to €365
- Other operating charges +€308
up €308 (+49.6%), from €620 to €928
- Financial charges -€232
down €232 (-65.0%), from €356 to €125
- Depreciation -€230
down €230 (-2.0%), from €11,605 to €11,375
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,195 | €70,882 | -€17,312 | -19.6% |
| Fixed assets | 21/28 | €56,875 | €45,500 | -€11,375 | -20.0% |
| Intangible fixed assets | 21 | €56,875 | €45,500 | -€11,375 | -20.0% |
| Current assets | 29/58 | €31,320 | €25,382 | -€5,937 | -19.0% |
| Amounts receivable within one year | 40/41 | €21,560 | €15,551 | -€6,009 | -27.9% |
| Trade receivables | 40 | €20,560 | €12,660 | -€7,900 | -38.4% |
| Other amounts receivable | 41 | €1,000 | €2,891 | +€1,891 | +189.1% |
| Cash at bank and in hand | 54/58 | €9,759 | €9,831 | +€72 | +0.7% |
| Total equity and liabilities | 10/49 | €88,195 | €70,882 | -€17,312 | -19.6% |
| Equity | 10/15 | €63,519 | €47,842 | -€15,677 | -24.7% |
| Contributions | 10/11 | €135,000 | €135,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,481 | -€87,158 | -€15,677 | -21.9% |
| Amounts payable | 17/49 | €24,675 | €23,040 | -€1,635 | -6.6% |
| Amounts payable within one year | 42/48 | €24,675 | €23,040 | -€1,635 | -6.6% |
| Financial debts | 43 | €391 | €471 | +€80 | +20.5% |
| Credit institutions | 430/8 | €391 | €471 | +€80 | +20.5% |
| Trade debts | 44 | €2,573 | €1,935 | -€638 | -24.8% |
| Suppliers | 440/4 | €2,573 | €1,935 | -€638 | -24.8% |
| Taxes, remuneration and social security | 45 | €1,000 | - | -€1,000 | |
| Taxes | 450/3 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €20,712 | €20,634 | -€77 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,605 | €11,375 | -€230 | -2.0% |
| Other operating charges | 640/8 | €620 | €928 | +€308 | +49.6% |
| Gross operating margin | 9900 | €8,089 | -€3,615 | -€11,704 | |
| Operating profit (loss) | 9901 | -€4,136 | -€15,917 | -€11,781 | -284.9% |
| Financial income | 75/76B | €928 | €365 | -€563 | -60.7% |
| Recurring financial income | 75 | €928 | €365 | -€563 | -60.7% |
| Financial charges | 65/66B | €356 | €125 | -€232 | -65.0% |
| Recurring financial charges | 65 | €356 | €125 | -€232 | -65.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,565 | -€15,677 | -€12,113 | -339.8% |
| Profit (loss) for the period | 9904 | -€3,565 | -€15,677 | -€12,113 | -339.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,565 | -€15,677 | -€12,113 | -339.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.