GENIARTS: 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.
GENIARTS
Largest movements
- Receivables within one year +€24,054
up €24,054 (+51.9%), from €46,311 to €70,365
of which Trade receivables: +€13,853
- Cash +€5,633
up €5,633 (+13.6%), from €41,563 to €47,196
mainly Tax, wage and social debts (+€35,285) and Net result for the year (+€30,857)
- Tangible fixed assets +€3,087
new in 2025: €3,087
of which Furniture and vehicles: +€1,884
- Tax, wage and social debts +€35,285
up €35,285 (+264%), from €13,348 to €48,632
- Trade debts -€8,977
down €8,977 (-48.3%), from €18,594 to €9,617
- Profit (loss) carried forward +€5,857
up €5,857 (+44.7%), from €13,092 to €18,950
- Gross operating margin -€9,090
down €9,090 (-18.9%), from €48,213 to €39,123
- Financial income +€1,565
up €1,565 (+85.2%), from €1,838 to €3,404
- Taxes +€922
up €922 (+36.9%), from €2,498 to €3,419
- Depreciation +€541
up €541 (+82.1%), from €659 to €1,199
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.
Derived cash bridge
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 | €88,634 | €120,799 | +€32,164 | +36.3% |
| Fixed assets | 21/28 | €432 | €3,237 | +€2,805 | +650% |
| Intangible fixed assets | 21 | €282 | - | -€282 | |
| Tangible fixed assets | 22/27 | - | €3,087 | +€3,087 | |
| Plant, machinery and equipment | 23 | - | €1,203 | +€1,203 | |
| Furniture and vehicles | 24 | - | €1,884 | +€1,884 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €88,203 | €117,561 | +€29,359 | +33.3% |
| Amounts receivable within one year | 40/41 | €46,311 | €70,365 | +€24,054 | +51.9% |
| Trade receivables | 40 | €600 | €14,453 | +€13,853 | +2,309% |
| Other amounts receivable | 41 | €45,711 | €55,912 | +€10,201 | +22.3% |
| Cash at bank and in hand | 54/58 | €41,563 | €47,196 | +€5,633 | +13.6% |
| Deferred charges and accrued income | 490/1 | €329 | - | -€329 | |
| Total equity and liabilities | 10/49 | €88,634 | €120,799 | +€32,164 | +36.3% |
| Equity | 10/15 | €31,692 | €37,550 | +€5,857 | +18.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,092 | €18,950 | +€5,857 | +44.7% |
| Amounts payable | 17/49 | €56,942 | €83,249 | +€26,307 | +46.2% |
| Amounts payable within one year | 42/48 | €56,942 | €83,249 | +€26,307 | +46.2% |
| Trade debts | 44 | €18,594 | €9,617 | -€8,977 | -48.3% |
| Suppliers | 440/4 | €18,594 | €9,617 | -€8,977 | -48.3% |
| Taxes, remuneration and social security | 45 | €13,348 | €48,632 | +€35,285 | +264% |
| Taxes | 450/3 | €13,348 | €48,632 | +€35,285 | +264% |
| Other amounts payable | 47/48 | €25,000 | €25,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €659 | €1,199 | +€541 | +82.1% |
| Other operating charges | 640/8 | €2,958 | €3,029 | +€71 | +2.4% |
| Gross operating margin | 9900 | €48,213 | €39,123 | -€9,090 | -18.9% |
| Operating profit (loss) | 9901 | €44,597 | €34,895 | -€9,702 | -21.8% |
| Financial income | 75/76B | €1,838 | €3,404 | +€1,565 | +85.2% |
| Recurring financial income | 75 | €1,838 | €3,404 | +€1,565 | +85.2% |
| Financial charges | 65/66B | €4,014 | €4,023 | +€8 | +0.2% |
| Recurring financial charges | 65 | €1,072 | €983 | -€89 | -8.3% |
| Non-recurring financial charges | 66B | €2,942 | €3,040 | +€98 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €42,421 | €34,276 | -€8,145 | -19.2% |
| Income taxes | 67/77 | €2,498 | €3,419 | +€922 | +36.9% |
| Profit (loss) for the period | 9904 | €39,923 | €30,857 | -€9,066 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,923 | €30,857 | -€9,066 | -22.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.