GeNie: what changed
Two fiscal 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.
GeNie
Largest movements
- Receivables within one year +€70,000
new in 2025: €70,000
- Cash -€38,559
down €38,559 (-14.0%), from €274,613 to €236,053
mainly Receivables within one year (-€70,000) and Contributions, distributions and other (-€60,000)
- Reserves +€337,229
new in 2025: €337,229
- Profit (loss) carried forward -€287,266
no longer reported in 2025 (was €287,266)
- Other debts +€59,982
up €59,982 (+7130.6%), from €841 to €60,823
- Tax, wage and social debts -€50,646
down €50,646 (-64.6%), from €78,359 to €27,713
of which Taxes: -€50,645
- Debts after one year -€29,097
down €29,097 (-39.6%), from €73,422 to €44,325
- Gross operating margin -€11,323
down €11,323 (-6.9%), from €164,619 to €153,297
- Other operating charges +€2,209
up €2,209 (+1144.0%), from €193 to €2,402
- Taxes +€1,710
up €1,710 (+4.7%), from €36,183 to €37,893
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 | €477,955 | €509,591 | +€31,636 | +6.6% |
| Fixed assets | 21/28 | €203,343 | €202,888 | -€455 | -0.2% |
| Tangible fixed assets | 22/27 | €843 | €388 | -€455 | -54.0% |
| Plant, machinery and equipment | 23 | €843 | €388 | -€455 | -54.0% |
| Financial fixed assets | 28 | €202,500 | €202,500 | = | 0.0% |
| Current assets | 29/58 | €274,613 | €306,703 | +€32,091 | +11.7% |
| Amounts receivable within one year | 40/41 | - | €70,000 | +€70,000 | |
| Trade receivables | 40 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €274,613 | €236,053 | -€38,559 | -14.0% |
| Deferred charges and accrued income | 490/1 | - | €650 | +€650 | |
| Total equity and liabilities | 10/49 | €477,955 | €509,591 | +€31,636 | +6.6% |
| Equity | 10/15 | €289,266 | €339,229 | +€49,964 | +17.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €337,229 | +€337,229 | |
| Distributable reserves | 133 | - | €337,229 | +€337,229 | |
| Profit (loss) carried forward | 14 | €287,266 | - | -€287,266 | |
| Amounts payable | 17/49 | €188,690 | €170,362 | -€18,328 | -9.7% |
| Amounts payable after more than one year | 17 | €73,422 | €44,325 | -€29,097 | -39.6% |
| Financial debts | 170/4 | €73,422 | €44,325 | -€29,097 | -39.6% |
| Amounts payable within one year | 42/48 | €113,968 | €126,037 | +€12,069 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €28,740 | €29,097 | +€357 | +1.2% |
| Trade debts | 44 | €6,028 | €8,404 | +€2,376 | +39.4% |
| Suppliers | 440/4 | €6,028 | €8,404 | +€2,376 | +39.4% |
| Taxes, remuneration and social security | 45 | €78,359 | €27,713 | -€50,646 | -64.6% |
| Taxes | 450/3 | €76,157 | €25,513 | -€50,645 | -66.5% |
| Remuneration and social security | 454/9 | €2,202 | €2,201 | -€1 | 0.0% |
| Other amounts payable | 47/48 | €841 | €60,823 | +€59,982 | +7130.6% |
| Accrued charges and deferred income | 492/3 | €1,300 | - | -€1,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €615 | €455 | -€160 | -26.1% |
| Other operating charges | 640/8 | €193 | €2,402 | +€2,209 | +1144.0% |
| Gross operating margin | 9900 | €164,619 | €153,297 | -€11,323 | -6.9% |
| Operating profit (loss) | 9901 | €163,811 | €150,440 | -€13,371 | -8.2% |
| Financial charges | 65/66B | €1,551 | €2,583 | +€1,032 | +66.6% |
| Recurring financial charges | 65 | €1,551 | €2,583 | +€1,032 | +66.6% |
| Profit (loss) for the period before taxes | 9903 | €162,260 | €147,857 | -€14,403 | -8.9% |
| Income taxes | 67/77 | €36,183 | €37,893 | +€1,710 | +4.7% |
| Profit (loss) for the period | 9904 | €126,077 | €109,964 | -€16,114 | -12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €126,077 | €109,964 | -€16,114 | -12.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.