GENICOT ANNE: 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.
GENICOT ANNE
Largest movements
- Current investments -€60,000
down €60,000 (-100%), from €60,000 to €0
- Cash +€21,655
up €21,655 (+131%), from €16,574 to €38,229
mainly Net result for the year (+€62,811) and Current investments (+€60,000)
- Receivables within one year +€15,411
up €15,411 (+604%), from €2,553 to €17,963
of which Other amounts receivable: +€15,411
- Deferred charges and accrued income -€1,512
down €1,512 (-17.1%), from €8,846 to €7,334
- Tangible fixed assets +€1,135
up €1,135 (+17.7%), from €6,419 to €7,554
of which Plant, machinery and equipment: +€3,645
- Other debts -€35,040
down €35,040 (-100%), from €35,040 to €0
- Profit (loss) carried forward +€12,811
up €12,811 (+45.9%), from €27,882 to €40,692
- Current portion of long-term debt -€1,814
down €1,814 (-100%), from €1,814 to €0
- Depreciation -€39,421
down €39,421 (-91.4%), from €43,126 to €3,705
- Taxes +€19,442
up €19,442 (+288%), from €6,741 to €26,183
- Gross operating margin +€12,424
up €12,424 (+15.2%), from €81,561 to €93,986
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 | €94,571 | €71,260 | -€23,311 | -24.6% |
| Fixed assets | 21/28 | €6,599 | €7,734 | +€1,135 | +17.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €6,419 | €7,554 | +€1,135 | +17.7% |
| Plant, machinery and equipment | 23 | €3,869 | €7,513 | +€3,645 | +94.2% |
| Furniture and vehicles | 24 | €2,551 | €41 | -€2,510 | -98.4% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €87,972 | €63,526 | -€24,446 | -27.8% |
| Amounts receivable within one year | 40/41 | €2,553 | €17,963 | +€15,411 | +604% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,553 | €17,963 | +€15,411 | +604% |
| Current investments | 50/53 | €60,000 | €0 | -€60,000 | -100% |
| Cash at bank and in hand | 54/58 | €16,574 | €38,229 | +€21,655 | +131% |
| Deferred charges and accrued income | 490/1 | €8,846 | €7,334 | -€1,512 | -17.1% |
| Total equity and liabilities | 10/49 | €94,571 | €71,260 | -€23,311 | -24.6% |
| Equity | 10/15 | €53,982 | €66,792 | +€12,811 | +23.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €13,700 | €13,700 | = | 0.0% |
| Distributable reserves | 133 | €13,700 | €13,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,882 | €40,692 | +€12,811 | +45.9% |
| Amounts payable | 17/49 | €40,590 | €4,468 | -€36,122 | -89.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €40,590 | €4,468 | -€36,122 | -89.0% |
| Current portion of amounts payable after more than one year | 42 | €1,814 | €0 | -€1,814 | -100% |
| Trade debts | 44 | €932 | €1,112 | +€180 | +19.3% |
| Suppliers | 440/4 | €932 | €1,112 | +€180 | +19.3% |
| Taxes, remuneration and social security | 45 | €2,804 | €3,356 | +€552 | +19.7% |
| Taxes | 450/3 | €2,804 | €3,356 | +€552 | +19.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €35,040 | €0 | -€35,040 | -100% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,126 | €3,705 | -€39,421 | -91.4% |
| Other operating charges | 640/8 | €460 | €1,257 | +€797 | +173% |
| Gross operating margin | 9900 | €81,561 | €93,986 | +€12,424 | +15.2% |
| Operating profit (loss) | 9901 | €37,975 | €89,024 | +€51,048 | +134% |
| Financial income | 75/76B | €10 | €144 | +€134 | +1,340% |
| Recurring financial income | 75 | €10 | €69 | +€59 | +593% |
| Non-recurring financial income | 76B | - | €75 | +€75 | |
| Financial charges | 65/66B | €316 | €175 | -€141 | -44.7% |
| Recurring financial charges | 65 | €316 | €175 | -€141 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | €37,669 | €88,993 | +€51,324 | +136% |
| Income taxes | 67/77 | €6,741 | €26,183 | +€19,442 | +288% |
| Profit (loss) for the period | 9904 | €30,928 | €62,811 | +€31,882 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €30,928 | €62,811 | +€31,882 | +103% |
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 19 October 2026 via checked.be.