GENIEFACTS: 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.
GENIEFACTS
Largest movements
- Receivables within one year +€102,806
up €102,806 (+293.5%), from €35,028 to €137,834
of which Trade receivables: +€103,316
- Deferred charges and accrued income -€64,972
down €64,972 (-38.7%), from €167,986 to €103,014
- Cash -€21,973
down €21,973 (-13.1%), from €168,151 to €146,178
mainly Receivables within one year (-€102,806) and Net result for the year (-€16,988)
- Accrued charges and deferred income +€47,642
up €47,642 (+74.7%), from €63,782 to €111,423
- Profit (loss) carried forward -€16,988
new in 2025: -€16,988
- Trade debts -€11,008
down €11,008 (-4.3%), from €253,768 to €242,760
- Other debts -€5,517
down €5,517 (-28.6%), from €19,306 to €13,789
- Financial charges +€30,280
up €30,280 (+2389.0%), from €1,268 to €31,548
- Gross operating margin +€10,073
up €10,073 (+146.0%), from €6,901 to €16,974
- Financial income -€8,162
down €8,162 (-99.9%), from €8,167 to €5
- Taxes -€3,942
down €3,942 (-96.1%), from €4,102 to €160
- Depreciation +€1,431
up €1,431 (+1255.5%), from €114 to €1,545
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 | €375,687 | €390,003 | +€14,316 | +3.8% |
| Fixed assets | 21/28 | €4,522 | €2,976 | -€1,545 | -34.2% |
| Tangible fixed assets | 22/27 | €4,522 | €2,976 | -€1,545 | -34.2% |
| Furniture and vehicles | 24 | €4,522 | €2,976 | -€1,545 | -34.2% |
| Current assets | 29/58 | €371,165 | €387,027 | +€15,862 | +4.3% |
| Amounts receivable within one year | 40/41 | €35,028 | €137,834 | +€102,806 | +293.5% |
| Trade receivables | 40 | €33,235 | €136,551 | +€103,316 | +310.9% |
| Other amounts receivable | 41 | €1,793 | €1,283 | -€510 | -28.4% |
| Cash at bank and in hand | 54/58 | €168,151 | €146,178 | -€21,973 | -13.1% |
| Deferred charges and accrued income | 490/1 | €167,986 | €103,014 | -€64,972 | -38.7% |
| Total equity and liabilities | 10/49 | €375,687 | €390,003 | +€14,316 | +3.8% |
| Equity | 10/15 | €34,697 | €17,709 | -€16,988 | -49.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,097 | €16,097 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,237 | €14,237 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€16,988 | -€16,988 | |
| Amounts payable | 17/49 | €340,989 | €372,294 | +€31,305 | +9.2% |
| Amounts payable within one year | 42/48 | €277,208 | €260,871 | -€16,337 | -5.9% |
| Trade debts | 44 | €253,768 | €242,760 | -€11,008 | -4.3% |
| Suppliers | 440/4 | €253,768 | €242,760 | -€11,008 | -4.3% |
| Taxes, remuneration and social security | 45 | €4,133 | €4,321 | +€188 | +4.5% |
| Taxes | 450/3 | €4,133 | €4,321 | +€188 | +4.5% |
| Other amounts payable | 47/48 | €19,306 | €13,789 | -€5,517 | -28.6% |
| Accrued charges and deferred income | 492/3 | €63,782 | €111,423 | +€47,642 | +74.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114 | €1,545 | +€1,431 | +1255.5% |
| Other operating charges | 640/8 | €129 | €713 | +€584 | +451.9% |
| Gross operating margin | 9900 | €6,901 | €16,974 | +€10,073 | +146.0% |
| Operating profit (loss) | 9901 | €6,658 | €14,715 | +€8,058 | +121.0% |
| Financial income | 75/76B | €8,167 | €5 | -€8,162 | -99.9% |
| Recurring financial income | 75 | €8,167 | €5 | -€8,162 | -99.9% |
| Financial charges | 65/66B | €1,268 | €31,548 | +€30,280 | +2389.0% |
| Recurring financial charges | 65 | €1,268 | €31,548 | +€30,280 | +2389.0% |
| Profit (loss) for the period before taxes | 9903 | €13,557 | -€16,828 | -€30,385 | |
| Income taxes | 67/77 | €4,102 | €160 | -€3,942 | -96.1% |
| Profit (loss) for the period | 9904 | €9,455 | -€16,988 | -€26,443 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,455 | -€16,988 | -€26,443 |
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 5 October 2026 via checked.be.