GENEXYS: 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.
GENEXYS
Largest movements
- Tangible fixed assets -€13,620
down €13,620 (-16.6%), from €82,201 to €68,581
of which Land and buildings: -€13,620
- Cash -€9,083
down €9,083 (-76.5%), from €11,871 to €2,788
mainly Net result for the year (-€18,186) and Debts after one year (-€11,242)
- Receivables within one year -€6,318
down €6,318 (-19.0%), from €33,307 to €26,990
of which Trade receivables: -€6,318
- Profit (loss) carried forward -€18,186
down €18,186 (-118.3%), from -€15,378 to -€33,563
- Debts after one year -€11,242
down €11,242 (-14.0%), from €80,185 to €68,943
- Other debts -€2,582
down €2,582 (-8.0%), from €32,180 to €29,598
- Accrued charges and deferred income +€1,800
new in 2025: €1,800
- Gross operating margin -€6,668
down €6,668, from €4,939 to -€1,729
- Financial income -€1,792
no longer reported in 2025 (was €1,792)
- Depreciation -€902
down €902 (-6.2%), from €14,522 to €13,620
- Other operating charges -€658
down €658 (-46.6%), from €1,411 to €753
- Financial charges -€163
down €163 (-8.4%), from €1,932 to €1,769
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 | €127,379 | €98,359 | -€29,020 | -22.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €82,201 | €68,581 | -€13,620 | -16.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €82,201 | €68,581 | -€13,620 | -16.6% |
| Land and buildings | 22 | €82,201 | €68,581 | -€13,620 | -16.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €45,178 | €29,778 | -€15,400 | -34.1% |
| Amounts receivable within one year | 40/41 | €33,307 | €26,990 | -€6,318 | -19.0% |
| Trade receivables | 40 | €23,307 | €16,990 | -€6,318 | -27.1% |
| Other amounts receivable | 41 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,871 | €2,788 | -€9,083 | -76.5% |
| Total equity and liabilities | 10/49 | €127,379 | €98,359 | -€29,020 | -22.8% |
| Equity | 10/15 | -€1,118 | -€19,303 | -€18,186 | -1626.9% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,378 | -€33,563 | -€18,186 | -118.3% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €128,497 | €117,662 | -€10,835 | -8.4% |
| Amounts payable after more than one year | 17 | €80,185 | €68,943 | -€11,242 | -14.0% |
| Financial debts | 170/4 | €80,185 | €68,943 | -€11,242 | -14.0% |
| Amounts payable within one year | 42/48 | €48,312 | €46,919 | -€1,393 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €11,049 | €11,242 | +€193 | +1.7% |
| Trade debts | 44 | €682 | €915 | +€234 | +34.3% |
| Suppliers | 440/4 | €682 | €915 | +€234 | +34.3% |
| Taxes, remuneration and social security | 45 | €4,401 | €5,164 | +€763 | +17.3% |
| Taxes | 450/3 | €4,401 | €5,164 | +€763 | +17.3% |
| Other amounts payable | 47/48 | €32,180 | €29,598 | -€2,582 | -8.0% |
| Accrued charges and deferred income | 492/3 | - | €1,800 | +€1,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,522 | €13,620 | -€902 | -6.2% |
| Other operating charges | 640/8 | €1,411 | €753 | -€658 | -46.6% |
| Gross operating margin | 9900 | €4,939 | -€1,729 | -€6,668 | |
| Operating profit (loss) | 9901 | -€10,995 | -€16,102 | -€5,107 | -46.5% |
| Financial income | 75/76B | €1,792 | - | -€1,792 | |
| Recurring financial income | 75 | €1,792 | - | -€1,792 | |
| Financial charges | 65/66B | €1,932 | €1,769 | -€163 | -8.4% |
| Recurring financial charges | 65 | €1,932 | €1,769 | -€163 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,135 | -€17,871 | -€6,736 | -60.5% |
| Income taxes | 67/77 | €306 | €314 | +€8 | +2.7% |
| Profit (loss) for the period | 9904 | -€11,441 | -€18,186 | -€6,744 | -58.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,441 | -€18,186 | -€6,744 | -58.9% |
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 2 October 2026 via checked.be.