GENETTE: 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.
GENETTE
Largest movements
- Tangible fixed assets -€15,240
down €15,240 (-16.4%), from €93,096 to €77,855
of which Furniture and vehicles: -€10,937
- Cash +€6,375
up €6,375 (+6.2%), from €102,574 to €108,949
mainly Depreciation (+€16,799) and Net result for the year (+€5,934)
- Deferred charges and accrued income -€2,102
down €2,102 (-52.1%), from €4,036 to €1,934
- Reserves -€6,850
down €6,850 (-9.5%), from €72,200 to €65,350
- Trade debts -€2,314
down €2,314 (-61.5%), from €3,764 to €1,449
- Gross operating margin -€14,054
down €14,054 (-33.0%), from €42,594 to €28,540
- Taxes -€4,357
down €4,357 (-51.3%), from €8,500 to €4,144
- Depreciation +€609
up €609 (+3.8%), from €16,191 to €16,799
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 | €202,413 | €191,782 | -€10,630 | -5.3% |
| Fixed assets | 21/28 | €94,120 | €78,880 | -€15,240 | -16.2% |
| Tangible fixed assets | 22/27 | €93,096 | €77,855 | -€15,240 | -16.4% |
| Land and buildings | 22 | €69,273 | €64,106 | -€5,167 | -7.5% |
| Plant, machinery and equipment | 23 | €3,762 | €4,625 | +€864 | +23.0% |
| Furniture and vehicles | 24 | €20,061 | €9,124 | -€10,937 | -54.5% |
| Financial fixed assets | 28 | €1,025 | €1,025 | = | 0.0% |
| Current assets | 29/58 | €108,292 | €112,902 | +€4,610 | +4.3% |
| Amounts receivable within one year | 40/41 | €1,683 | €2,019 | +€336 | +20.0% |
| Trade receivables | 40 | €1,683 | - | -€1,683 | |
| Other amounts receivable | 41 | - | €2,019 | +€2,019 | |
| Cash at bank and in hand | 54/58 | €102,574 | €108,949 | +€6,375 | +6.2% |
| Deferred charges and accrued income | 490/1 | €4,036 | €1,934 | -€2,102 | -52.1% |
| Total equity and liabilities | 10/49 | €202,413 | €191,782 | -€10,630 | -5.3% |
| Equity | 10/15 | €175,243 | €168,427 | -€6,816 | -3.9% |
| Contributions | 10/11 | €18,605 | €18,605 | = | 0.0% |
| Reserves | 13 | €72,200 | €65,350 | -€6,850 | -9.5% |
| Distributable reserves | 133 | €72,200 | €65,350 | -€6,850 | -9.5% |
| Profit (loss) carried forward | 14 | €84,438 | €84,472 | +€34 | 0.0% |
| Amounts payable | 17/49 | €27,170 | €23,355 | -€3,814 | -14.0% |
| Amounts payable within one year | 42/48 | €27,170 | €23,355 | -€3,814 | -14.0% |
| Trade debts | 44 | €3,764 | €1,449 | -€2,314 | -61.5% |
| Suppliers | 440/4 | €3,764 | €1,449 | -€2,314 | -61.5% |
| Taxes, remuneration and social security | 45 | €9,097 | €9,022 | -€75 | -0.8% |
| Taxes | 450/3 | €9,097 | €9,022 | -€75 | -0.8% |
| Other amounts payable | 47/48 | €14,309 | €12,884 | -€1,425 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,191 | €16,799 | +€609 | +3.8% |
| Other operating charges | 640/8 | €1,896 | €1,902 | +€7 | +0.4% |
| Gross operating margin | 9900 | €42,594 | €28,540 | -€14,054 | -33.0% |
| Operating profit (loss) | 9901 | €24,508 | €9,838 | -€14,670 | -59.9% |
| Financial income | 75/76B | €388 | €541 | +€153 | +39.6% |
| Recurring financial income | 75 | €388 | €541 | +€153 | +39.6% |
| Financial charges | 65/66B | €270 | €302 | +€32 | +11.7% |
| Recurring financial charges | 65 | €270 | €302 | +€32 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €24,626 | €10,078 | -€14,548 | -59.1% |
| Income taxes | 67/77 | €8,500 | €4,144 | -€4,357 | -51.3% |
| Profit (loss) for the period | 9904 | €16,125 | €5,934 | -€10,191 | -63.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,125 | €5,934 | -€10,191 | -63.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.