GENIESSE: 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.
What changed
GENIESSE
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€6,253
2024 · -€7,426+€1,173
Equity
€291,569
2024 · €297,822-€6,253
Cash
€2,562
2024 · €2,061+€501
Balance sheet total
€605,793
2024 · €644,092-€38,299
Largest movements
Assets
- Tangible fixed assets -€36,205
down €36,205 (-5.7%), from €637,611 to €601,406
of which Land and buildings: -€34,847
Equity and liabilities
- Debts after one year -€28,699
down €28,699 (-11.1%), from €257,727 to €229,028
Income statement
- Gross operating margin +€931
up €931 (+2.5%), from €37,931 to €38,862
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.
Result 2024
-€7,426
Gross operating margin
+€931
Staff costs
-€30
Other operating charges
+€6
Financial charges
+€275
Taxes
-€9
Result 2025
-€6,253
raises the resultlowers the result
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.
From operations
+€28,781
Investment
€0
Financing
-€28,280
Cash 2024
€2,061
From operations (derived)
+€28,781
Net result for the year
-€6,253
Depreciation
+€36,205
Receivables within one year
+€1,599
Deferred charges and accrued income
+€996
Trade debts
-€2,684
Tax, wage and social debts
-€182
Other debts
-€900
Financing
-€28,280
Debts after one year
-€28,699
Current portion of long-term debt
+€419
Cash 2025
€2,562
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €644,092 | €605,793 | -€38,299 | -5.9% |
| Fixed assets | 21/28 | €637,611 | €601,406 | -€36,205 | -5.7% |
| Tangible fixed assets | 22/27 | €637,611 | €601,406 | -€36,205 | -5.7% |
| Land and buildings | 22 | €631,158 | €596,311 | -€34,847 | -5.5% |
| Plant, machinery and equipment | 23 | €1,605 | €1,337 | -€268 | -16.7% |
| Furniture and vehicles | 24 | €3,031 | €2,020 | -€1,011 | -33.4% |
| Other tangible fixed assets | 26 | €1,817 | €1,738 | -€79 | -4.3% |
| Current assets | 29/58 | €6,481 | €4,387 | -€2,094 | -32.3% |
| Amounts receivable within one year | 40/41 | €1,902 | €303 | -€1,599 | -84.1% |
| Trade receivables | 40 | €1,902 | €303 | -€1,599 | -84.1% |
| Cash at bank and in hand | 54/58 | €2,061 | €2,562 | +€501 | +24.3% |
| Deferred charges and accrued income | 490/1 | €2,518 | €1,522 | -€996 | -39.6% |
| Total equity and liabilities | 10/49 | €644,092 | €605,793 | -€38,299 | -5.9% |
| Equity | 10/15 | €297,822 | €291,569 | -€6,253 | -2.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €24,950 | €24,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €210,872 | €204,619 | -€6,253 | -3.0% |
| Amounts payable | 17/49 | €346,270 | €314,224 | -€32,046 | -9.3% |
| Amounts payable after more than one year | 17 | €257,727 | €229,028 | -€28,699 | -11.1% |
| Financial debts | 170/4 | €257,727 | €229,028 | -€28,699 | -11.1% |
| Amounts payable within one year | 42/48 | €88,543 | €85,196 | -€3,347 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €30,040 | €30,459 | +€419 | +1.4% |
| Trade debts | 44 | €4,029 | €1,345 | -€2,684 | -66.6% |
| Suppliers | 440/4 | €4,029 | €1,345 | -€2,684 | -66.6% |
| Taxes, remuneration and social security | 45 | €1,380 | €1,198 | -€182 | -13.2% |
| Taxes | 450/3 | €1,380 | €1,016 | -€364 | -26.4% |
| Remuneration and social security | 454/9 | - | €182 | +€182 | |
| Other amounts payable | 47/48 | €53,094 | €52,194 | -€900 | -1.7% |
| Remuneration, social security and pensions | 62 | €150 | €180 | +€30 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,205 | €36,205 | = | 0.0% |
| Other operating charges | 640/8 | €3,829 | €3,823 | -€6 | -0.2% |
| Gross operating margin | 9900 | €37,931 | €38,862 | +€931 | +2.5% |
| Operating profit (loss) | 9901 | -€2,253 | -€1,346 | +€907 | +40.3% |
| Financial charges | 65/66B | €4,920 | €4,645 | -€275 | -5.6% |
| Recurring financial charges | 65 | €4,920 | €4,645 | -€275 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,173 | -€5,991 | +€1,182 | +16.5% |
| Income taxes | 67/77 | €253 | €262 | +€9 | +3.6% |
| Profit (loss) for the period | 9904 | -€7,426 | -€6,253 | +€1,173 | +15.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,426 | -€6,253 | +€1,173 | +15.8% |
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 26 October 2026 via checked.be.