GENI-INVEST: what changed
What changed
GENI-INVEST
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
€710,457
2024 · €759,444-€48,987
Equity
€3.5m
2024 · €2.8m+€710,457
Cash
€1,528
2024 · €127,436-€125,908
Balance sheet total
€6.9m
2024 · €6.2m+€639,486
Largest movements
Assets
- Receivables within one year +€2.4m
up €2.4m (+341%), from €710,844 to €3.1m
of which Other amounts receivable: +€2.4m
- Receivables after one year -€1.5m
down €1.5m (-100%), from €1.5m to €0
- Tangible fixed assets -€138,942
down €138,942 (-5.0%), from €2.8m to €2.6m
of which Land and buildings: -€127,007
- Cash -€125,908
down €125,908 (-98.8%), from €127,436 to €1,528
mainly Receivables within one year (-€2.4m) and Other debts (-€367,326)
Equity and liabilities
- Reserves +€710,457
up €710,457 (+25.3%), from €2.8m to €3.5m
of which Tax-exempt reserves: +€692,282
- Other debts -€367,326
down €367,326 (-99.8%), from €368,045 to €719
- Provisions +€230,761
up €230,761 (+46.9%), from €492,428 to €723,189
- Debts after one year +€140,258
up €140,258 (+8.4%), from €1.7m to €1.8m
- Current portion of long-term debt -€77,563
down €77,563 (-37.6%), from €206,253 to €128,690
Income statement
- Financial income -€64,331
down €64,331 (-5.7%), from €1.1m to €1.1m
of which Non-recurring financial income: -€74,383
- Depreciation +€15,281
up €15,281 (+9.7%), from €157,829 to €173,110
- Taxes -€13,041
down €13,041 (-87.8%), from €14,859 to €1,817
- Financial charges -€7,162
down €7,162 (-6.7%), from €106,941 to €99,779
- Other operating charges -€6,280
down €6,280 (-19.1%), from €32,913 to €26,633
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€759,444
Gross operating margin
-€814
Depreciation
-€15,281
Other operating charges
+€6,280
Financial income
-€64,331
Financial charges
+€7,162
Taxes
+€13,041
Deferred taxes and other
+€4,956
Result 2025
€710,457
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€157,630
Investment
-€30,973
Financing
+€62,695
Cash 2024
€127,436
From operations (derived)
-€157,630
Net result for the year
+€710,457
Depreciation
+€173,110
Receivables after one year
+€1.5m
Stocks and contracts
-€19,369
Receivables within one year
-€2.4m
Smaller working-capital items
-€8,181
Provisions
+€230,761
Trade debts
+€16,110
Tax, wage and social debts
-€11,028
Other debts
-€367,326
Investment (derived)
-€30,973
Investment in fixed assets (net)
-€30,973
Financing
+€62,695
Debts after one year
+€140,258
Current portion of long-term debt
-€77,563
Cash 2025
€1,528
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,213,931 | €6,853,417 | +€639,486 | +10.3% |
| Fixed assets | 21/28 | €2,787,915 | €2,645,777 | -€142,138 | -5.1% |
| Tangible fixed assets | 22/27 | €2,784,719 | €2,645,777 | -€138,942 | -5.0% |
| Land and buildings | 22 | €2,680,513 | €2,553,506 | -€127,007 | -4.7% |
| Plant, machinery and equipment | 23 | €80,442 | €70,746 | -€9,697 | -12.1% |
| Furniture and vehicles | 24 | €23,763 | €21,525 | -€2,238 | -9.4% |
| Financial fixed assets | 28 | €3,196 | €0 | -€3,196 | -100% |
| Current assets | 29/58 | €3,426,016 | €4,207,640 | +€781,624 | +22.8% |
| Amounts receivable after more than one year | 29 | €1,543,221 | €0 | -€1.5m | -100% |
| Trade receivables | 290 | €1,543,221 | €0 | -€1.5m | -100% |
| Stocks and contracts in progress | 3 | €1,011,898 | €1,031,267 | +€19,369 | +1.9% |
| Stocks | 30/36 | €1,011,898 | €1,031,267 | +€19,369 | +1.9% |
| Amounts receivable within one year | 40/41 | €710,844 | €3,136,230 | +€2.4m | +341% |
| Trade receivables | 40 | €50,625 | €104,369 | +€53,744 | +106% |
| Other amounts receivable | 41 | €660,219 | €3,031,860 | +€2.4m | +359% |
| Cash at bank and in hand | 54/58 | €127,436 | €1,528 | -€125,908 | -98.8% |
| Deferred charges and accrued income | 490/1 | €32,616 | €38,615 | +€5,999 | +18.4% |
| Total equity and liabilities | 10/49 | €6,213,931 | €6,853,417 | +€639,486 | +10.3% |
| Equity | 10/15 | €2,832,792 | €3,543,248 | +€710,457 | +25.1% |
| Contributions | 10/11 | €22,531 | €22,531 | = | 0.0% |
| Reserves | 13 | €2,810,261 | €3,520,718 | +€710,457 | +25.3% |
| Tax-exempt reserves | 132 | €1,477,284 | €2,169,566 | +€692,282 | +46.9% |
| Distributable reserves | 133 | €1,332,977 | €1,351,152 | +€18,175 | +1.4% |
| Provisions and deferred taxes | 16 | €492,428 | €723,189 | +€230,761 | +46.9% |
| Deferred taxes | 168 | €492,428 | €723,189 | +€230,761 | +46.9% |
| Amounts payable | 17/49 | €2,888,711 | €2,586,980 | -€301,731 | -10.4% |
| Amounts payable after more than one year | 17 | €1,674,983 | €1,815,241 | +€140,258 | +8.4% |
| Financial debts | 170/4 | €1,674,983 | €1,815,241 | +€140,258 | +8.4% |
| Amounts payable within one year | 42/48 | €1,209,565 | €769,759 | -€439,806 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €206,253 | €128,690 | -€77,563 | -37.6% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €124,239 | €140,349 | +€16,110 | +13.0% |
| Suppliers | 440/4 | €124,239 | €140,349 | +€16,110 | +13.0% |
| Taxes, remuneration and social security | 45 | €11,028 | €0 | -€11,028 | -100% |
| Taxes | 450/3 | €11,028 | €0 | -€11,028 | -100% |
| Other amounts payable | 47/48 | €368,045 | €719 | -€367,326 | -99.8% |
| Accrued charges and deferred income | 492/3 | €4,163 | €1,980 | -€2,182 | -52.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157,829 | €173,110 | +€15,281 | +9.7% |
| Other operating charges | 640/8 | €32,913 | €26,633 | -€6,280 | -19.1% |
| Gross operating margin | 9900 | €175,306 | €174,492 | -€814 | -0.5% |
| Operating profit (loss) | 9901 | -€15,435 | -€25,251 | -€9,815 | -63.6% |
| Financial income | 75/76B | €1,132,396 | €1,068,065 | -€64,331 | -5.7% |
| Recurring financial income | 75 | €22,417 | €32,469 | +€10,052 | +44.8% |
| Non-recurring financial income | 76B | €1,109,979 | €1,035,596 | -€74,383 | -6.7% |
| Financial charges | 65/66B | €106,941 | €99,779 | -€7,162 | -6.7% |
| Recurring financial charges | 65 | €106,941 | €99,779 | -€7,162 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €1,010,019 | €943,035 | -€66,985 | -6.6% |
| Transfer from deferred taxes | 780 | €22,126 | €28,766 | +€6,640 | +30.0% |
| Transfer to deferred taxes | 680 | €257,842 | €259,527 | +€1,684 | +0.7% |
| Income taxes | 67/77 | €14,859 | €1,817 | -€13,041 | -87.8% |
| Profit (loss) for the period | 9904 | €759,444 | €710,457 | -€48,987 | -6.5% |
| Transfer from tax-exempt reserves | 789 | €66,377 | €86,298 | +€19,921 | +30.0% |
| Transfer to tax-exempt reserves | 689 | €773,527 | €778,580 | +€5,053 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €52,294 | €18,175 | -€34,119 | -65.2% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.