GENIM GROUP: 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.
GENIM GROUP
Largest movements
- Tangible fixed assets +€138,281
up €138,281 (+67.2%), from €205,919 to €344,200
of which Land and buildings: +€140,466
- Receivables within one year +€7,880
new in 2025: €7,880
- Cash -€4,543
down €4,543 (-35.5%), from €12,787 to €8,244
mainly Investment in fixed assets (net) (-€181,580) and Net result for the year (-€18,288)
- Debts after one year +€135,751
up €135,751 (+89.3%), from €152,085 to €287,836
- Other debts +€20,000
up €20,000 (+36.8%), from €54,354 to €74,354
- Profit (loss) carried forward -€18,288
down €18,288 (-68.0%), from -€26,904 to -€45,192
- Current portion of long-term debt +€4,247
up €4,247 (+29.9%), from €14,224 to €18,472
- Depreciation +€28,559
up €28,559 (+194%), from €14,741 to €43,299
- Gross operating margin +€818
up €818 (+2.4%), from €33,641 to €34,459
- Other operating charges +€427
up €427 (+14.5%), from €2,946 to €3,374
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 | €219,164 | €363,677 | +€144,513 | +65.9% |
| Fixed assets | 21/28 | €205,919 | €344,200 | +€138,281 | +67.2% |
| Tangible fixed assets | 22/27 | €205,919 | €344,200 | +€138,281 | +67.2% |
| Land and buildings | 22 | €196,627 | €337,093 | +€140,466 | +71.4% |
| Plant, machinery and equipment | 23 | €8,862 | €7,067 | -€1,795 | -20.3% |
| Furniture and vehicles | 24 | €431 | €40 | -€390 | -90.7% |
| Current assets | 29/58 | €13,245 | €19,477 | +€6,232 | +47.1% |
| Amounts receivable within one year | 40/41 | - | €7,880 | +€7,880 | |
| Trade receivables | 40 | - | €7,880 | +€7,880 | |
| Cash at bank and in hand | 54/58 | €12,787 | €8,244 | -€4,543 | -35.5% |
| Deferred charges and accrued income | 490/1 | €458 | €3,353 | +€2,895 | +632% |
| Total equity and liabilities | 10/49 | €219,164 | €363,677 | +€144,513 | +65.9% |
| Equity | 10/15 | -€6,444 | -€24,732 | -€18,288 | -284% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,904 | -€45,192 | -€18,288 | -68.0% |
| Amounts payable | 17/49 | €225,607 | €388,409 | +€162,801 | +72.2% |
| Amounts payable after more than one year | 17 | €152,085 | €287,836 | +€135,751 | +89.3% |
| Financial debts | 170/4 | €152,085 | €287,836 | +€135,751 | +89.3% |
| Amounts payable within one year | 42/48 | €69,699 | €96,241 | +€26,542 | +38.1% |
| Current portion of amounts payable after more than one year | 42 | €14,224 | €18,472 | +€4,247 | +29.9% |
| Trade debts | 44 | €1,120 | €3,415 | +€2,294 | +205% |
| Suppliers | 440/4 | €1,120 | €3,415 | +€2,294 | +205% |
| Other amounts payable | 47/48 | €54,354 | €74,354 | +€20,000 | +36.8% |
| Accrued charges and deferred income | 492/3 | €3,824 | €4,332 | +€509 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,741 | €43,299 | +€28,559 | +194% |
| Other operating charges | 640/8 | €2,946 | €3,374 | +€427 | +14.5% |
| Gross operating margin | 9900 | €33,641 | €34,459 | +€818 | +2.4% |
| Operating profit (loss) | 9901 | €15,954 | -€12,214 | -€28,168 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €6,109 | €6,083 | -€27 | -0.4% |
| Recurring financial charges | 65 | €3,239 | €6,083 | +€2,843 | +87.8% |
| Non-recurring financial charges | 66B | €2,870 | - | -€2,870 | |
| Profit (loss) for the period before taxes | 9903 | €9,845 | -€18,288 | -€28,133 | |
| Profit (loss) for the period | 9904 | €9,845 | -€18,288 | -€28,133 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,845 | -€18,288 | -€28,133 |
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 17 October 2026 via checked.be.