GeNi*us: what changed
Two financial 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.
GeNi*us
Largest movements
- Cash +€117,094
up €117,094 (+1279.4%), from €9,152 to €126,246
mainly Investment in fixed assets (net) (+€66,163) and Receivables within one year (+€59,333)
- Financial fixed assets -€115,839
down €115,839 (-37.9%), from €305,839 to €190,000
- Receivables within one year -€59,333
down €59,333 (-44.9%), from €132,013 to €72,681
of which Trade receivables: -€74,952
- Intangible fixed assets +€29,763
up €29,763 (+37.2%), from €80,006 to €109,769
- Deferred charges and accrued income -€9,750
no longer reported in 2025 (was €9,750)
- Trade debts -€58,140
down €58,140 (-60.2%), from €96,578 to €38,438
- Profit (loss) carried forward +€16,079
up €16,079 (+15.3%), from -€104,941 to -€88,862
- Gross operating margin -€123,702
down €123,702 (-69.1%), from €178,895 to €55,192
- Depreciation -€23,958
down €23,958 (-57.5%), from €41,700 to €17,742
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 | €914,139 | €877,891 | -€36,248 | -4.0% |
| Fixed assets | 21/28 | €487,820 | €403,915 | -€83,905 | -17.2% |
| Intangible fixed assets | 21 | €80,006 | €109,769 | +€29,763 | +37.2% |
| Tangible fixed assets | 22/27 | €101,974 | €104,146 | +€2,171 | +2.1% |
| Land and buildings | 22 | €1,591 | €1,340 | -€251 | -15.8% |
| Plant, machinery and equipment | 23 | €100,384 | €102,806 | +€2,422 | +2.4% |
| Financial fixed assets | 28 | €305,839 | €190,000 | -€115,839 | -37.9% |
| Current assets | 29/58 | €426,319 | €473,976 | +€47,657 | +11.2% |
| Stocks and contracts in progress | 3 | €275,404 | €275,049 | -€354 | -0.1% |
| Stocks | 30/36 | €275,404 | €275,049 | -€354 | -0.1% |
| Amounts receivable within one year | 40/41 | €132,013 | €72,681 | -€59,333 | -44.9% |
| Trade receivables | 40 | €131,666 | €56,713 | -€74,952 | -56.9% |
| Other amounts receivable | 41 | €348 | €15,967 | +€15,620 | +4494.9% |
| Cash at bank and in hand | 54/58 | €9,152 | €126,246 | +€117,094 | +1279.4% |
| Deferred charges and accrued income | 490/1 | €9,750 | - | -€9,750 | |
| Total equity and liabilities | 10/49 | €914,139 | €877,891 | -€36,248 | -4.0% |
| Equity | 10/15 | €46,164 | €62,243 | +€16,079 | +34.8% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Contributions outside capital | 11 | €150,000 | €150,000 | = | 0.0% |
| Share premium | 1100/10 | €100,000 | €100,000 | = | 0.0% |
| Other | 1109/19 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,105 | €1,105 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €605 | €605 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,941 | -€88,862 | +€16,079 | +15.3% |
| Amounts payable | 17/49 | €867,974 | €815,648 | -€52,327 | -6.0% |
| Amounts payable after more than one year | 17 | €364,265 | €364,265 | = | 0.0% |
| Financial debts | 170/4 | €364,265 | €364,265 | = | 0.0% |
| Amounts payable within one year | 42/48 | €503,709 | €451,383 | -€52,327 | -10.4% |
| Trade debts | 44 | €96,578 | €38,438 | -€58,140 | -60.2% |
| Suppliers | 440/4 | €96,578 | €38,438 | -€58,140 | -60.2% |
| Taxes, remuneration and social security | 45 | €3,491 | €2,879 | -€612 | -17.5% |
| Taxes | 450/3 | €622 | - | -€622 | |
| Remuneration and social security | 454/9 | €2,868 | €2,879 | +€11 | +0.4% |
| Other amounts payable | 47/48 | €403,641 | €410,066 | +€6,425 | +1.6% |
| Non-recurring operating income | 76A | €240,000 | - | -€240,000 | |
| Remuneration, social security and pensions | 62 | €17,838 | €17,518 | -€320 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,700 | €17,742 | -€23,958 | -57.5% |
| Other operating charges | 640/8 | €2,863 | €2,858 | -€5 | -0.2% |
| Non-recurring operating charges | 66A | €80,161 | - | -€80,161 | |
| Gross operating margin | 9900 | €178,895 | €55,192 | -€123,702 | -69.1% |
| Operating profit (loss) | 9901 | €36,334 | €17,075 | -€19,259 | -53.0% |
| Financial income | 75/76B | €2,180 | €901 | -€1,279 | -58.7% |
| Recurring financial income | 75 | €2,180 | €901 | -€1,279 | -58.7% |
| Financial charges | 65/66B | €2,163 | €1,897 | -€266 | -12.3% |
| Recurring financial charges | 65 | €2,163 | €1,897 | -€266 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €36,351 | €16,079 | -€20,272 | -55.8% |
| Profit (loss) for the period | 9904 | €36,351 | €16,079 | -€20,272 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,351 | €16,079 | -€20,272 | -55.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.