GENICOT Fabienne: 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 Fabienne
Largest movements
- Cash +€85,007
up €85,007 (+504%), from €16,857 to €101,864
mainly Other debts (+€73,628) and Net result for the year (+€67,506)
- Receivables after one year -€36,000
down €36,000 (-60.0%), from €60,000 to €24,000
- Receivables within one year +€14,500
up €14,500 (+949%), from €1,527 to €16,027
of which Trade receivables: +€14,217
- Tangible fixed assets -€3,060
down €3,060 (-52.0%), from €5,886 to €2,826
- Other debts +€73,628
up €73,628 (+820%), from €8,976 to €82,604
- Profit (loss) carried forward -€60,993
down €60,993 (-100%), from €60,993 to €0
- Reserves +€42,506
new in 2025: €42,506
- Tax, wage and social debts +€6,877
up €6,877 (+90.3%), from €7,612 to €14,489
of which Remuneration and social security: +€5,074
- Trade debts -€1,513
down €1,513 (-79.3%), from €1,908 to €395
- Gross operating margin +€38,024
up €38,024 (+71.2%), from €53,368 to €91,391
- Taxes +€7,837
up €7,837 (+66.0%), from €11,880 to €19,718
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 | €84,489 | €144,994 | +€60,505 | +71.6% |
| Fixed assets | 21/28 | €5,886 | €2,826 | -€3,060 | -52.0% |
| Tangible fixed assets | 22/27 | €5,886 | €2,826 | -€3,060 | -52.0% |
| Furniture and vehicles | 24 | €5,886 | €2,826 | -€3,060 | -52.0% |
| Current assets | 29/58 | €78,603 | €142,168 | +€63,565 | +80.9% |
| Amounts receivable after more than one year | 29 | €60,000 | €24,000 | -€36,000 | -60.0% |
| Other amounts receivable | 291 | €60,000 | €24,000 | -€36,000 | -60.0% |
| Amounts receivable within one year | 40/41 | €1,527 | €16,027 | +€14,500 | +949% |
| Trade receivables | 40 | €908 | €15,125 | +€14,217 | +1,566% |
| Other amounts receivable | 41 | €620 | €902 | +€282 | +45.5% |
| Cash at bank and in hand | 54/58 | €16,857 | €101,864 | +€85,007 | +504% |
| Deferred charges and accrued income | 490/1 | €218 | €276 | +€59 | +26.9% |
| Total equity and liabilities | 10/49 | €84,489 | €144,994 | +€60,505 | +71.6% |
| Equity | 10/15 | €65,993 | €47,506 | -€18,487 | -28.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €42,506 | +€42,506 | |
| Distributable reserves | 133 | - | €42,506 | +€42,506 | |
| Profit (loss) carried forward | 14 | €60,993 | €0 | -€60,993 | -100% |
| Amounts payable | 17/49 | €18,496 | €97,487 | +€78,992 | +427% |
| Amounts payable within one year | 42/48 | €18,496 | €97,487 | +€78,992 | +427% |
| Trade debts | 44 | €1,908 | €395 | -€1,513 | -79.3% |
| Suppliers | 440/4 | €1,908 | €395 | -€1,513 | -79.3% |
| Taxes, remuneration and social security | 45 | €7,612 | €14,489 | +€6,877 | +90.3% |
| Taxes | 450/3 | €7,612 | €9,414 | +€1,803 | +23.7% |
| Remuneration and social security | 454/9 | - | €5,074 | +€5,074 | |
| Other amounts payable | 47/48 | €8,976 | €82,604 | +€73,628 | +820% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,670 | €3,060 | +€390 | +14.6% |
| Other operating charges | 640/8 | €611 | €1,026 | +€414 | +67.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €53,368 | €91,391 | +€38,024 | +71.2% |
| Operating profit (loss) | 9901 | €50,086 | €87,306 | +€37,219 | +74.3% |
| Financial income | 75/76B | €0 | €3 | +€3 | |
| Recurring financial income | 75 | €0 | €3 | +€3 | |
| Financial charges | 65/66B | €134 | €85 | -€50 | -37.2% |
| Recurring financial charges | 65 | €134 | €85 | -€50 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €49,952 | €87,224 | +€37,272 | +74.6% |
| Income taxes | 67/77 | €11,880 | €19,718 | +€7,837 | +66.0% |
| Profit (loss) for the period | 9904 | €38,072 | €67,506 | +€29,435 | +77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,072 | €67,506 | +€29,435 | +77.3% |
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 22 October 2026 via checked.be.