GENICS: 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.
GENICS
Largest movements
- Receivables within one year +€2,008
up €2,008 (+27.4%), from €7,319 to €9,327
of which Trade receivables: +€1,815
- Deferred charges and accrued income +€1,556
new in 2024: €1,556
- Tangible fixed assets -€593
down €593 (-10.9%), from €5,418 to €4,825
- Trade debts +€7,261
up €7,261 (+1,826%), from €398 to €7,659
- Profit (loss) carried forward -€3,463
down €3,463 (-1.4%), from -€250,332 to -€253,795
- Tax, wage and social debts -€1,553
down €1,553 (-99.9%), from €1,554 to €1
- Other debts +€910
up €910 (+0.4%), from €247,456 to €248,366
- Other operating charges +€1,027
up €1,027 (+177%), from €581 to €1,608
- Gross operating margin -€623
down €623 (-97.3%), from -€640 to -€1,263
- Financial income -€37
no longer reported in 2024 (was €37)
- Financial charges -€36
no longer reported in 2024 (was €36)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,668 | €20,822 | +€3,154 | +17.9% |
| Fixed assets | 21/28 | €9,254 | €8,661 | -€593 | -6.4% |
| Tangible fixed assets | 22/27 | €5,418 | €4,825 | -€593 | -10.9% |
| Land and buildings | 22 | €5,418 | €4,825 | -€593 | -10.9% |
| Financial fixed assets | 28 | €3,836 | €3,836 | = | 0.0% |
| Current assets | 29/58 | €8,414 | €12,161 | +€3,748 | +44.5% |
| Amounts receivable within one year | 40/41 | €7,319 | €9,327 | +€2,008 | +27.4% |
| Trade receivables | 40 | €7,319 | €9,134 | +€1,815 | +24.8% |
| Other amounts receivable | 41 | - | €193 | +€193 | |
| Cash at bank and in hand | 54/58 | €1,095 | €1,278 | +€183 | +16.8% |
| Deferred charges and accrued income | 490/1 | - | €1,556 | +€1,556 | |
| Total equity and liabilities | 10/49 | €17,668 | €20,822 | +€3,154 | +17.9% |
| Equity | 10/15 | -€231,740 | -€235,203 | -€3,463 | -1.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€250,332 | -€253,795 | -€3,463 | -1.4% |
| Amounts payable | 17/49 | €249,408 | €256,026 | +€6,618 | +2.7% |
| Amounts payable within one year | 42/48 | €249,408 | €256,026 | +€6,618 | +2.7% |
| Trade debts | 44 | €398 | €7,659 | +€7,261 | +1,826% |
| Suppliers | 440/4 | €398 | €7,659 | +€7,261 | +1,826% |
| Taxes, remuneration and social security | 45 | €1,554 | €1 | -€1,553 | -99.9% |
| Taxes | 450/3 | €1,554 | €1 | -€1,553 | -99.9% |
| Other amounts payable | 47/48 | €247,456 | €248,366 | +€910 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €593 | €593 | = | 0.0% |
| Other operating charges | 640/8 | €581 | €1,608 | +€1,027 | +177% |
| Gross operating margin | 9900 | -€640 | -€1,263 | -€623 | -97.3% |
| Operating profit (loss) | 9901 | -€1,814 | -€3,463 | -€1,649 | -90.9% |
| Financial income | 75/76B | €37 | - | -€37 | |
| Recurring financial income | 75 | €37 | - | -€37 | |
| Financial charges | 65/66B | €36 | - | -€36 | |
| Recurring financial charges | 65 | €36 | - | -€36 | |
| Profit (loss) for the period before taxes | 9903 | -€1,813 | -€3,463 | -€1,650 | -91.0% |
| Profit (loss) for the period | 9904 | -€1,813 | -€3,463 | -€1,650 | -91.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,813 | -€3,463 | -€1,650 | -91.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.