GENIN AGRICOLE: what changed
What changed
GENIN AGRICOLE
NACE 47.789, Other retail sale of new goods
filed annual accounts (NBB)
Net result for the year
€300,356
2024 · €255,913+€44,443
Equity
€2.8m
2024 · €2.5m+€300,356
Cash
€345,930
2024 · €544,779-€198,850
Balance sheet total
€4.4m
2024 · €4.5m-€79,166
Largest movements
Assets
- Cash -€198,850
down €198,850 (-36.5%), from €544,779 to €345,930
mainly Trade debts (-€214,919) and Investment in fixed assets (net) (-€202,040)
- Tangible fixed assets +€81,374
up €81,374 (+5.7%), from €1.4m to €1.5m
of which Furniture and vehicles: +€121,239
- Receivables within one year +€69,167
up €69,167 (+6.2%), from €1.1m to €1.2m
Equity and liabilities
- Trade debts -€214,919
down €214,919 (-24.6%), from €872,313 to €657,394
- Reserves +€213,290
up €213,290 (+32.9%), from €648,960 to €862,250
of which Distributable reserves: +€213,290
- Other debts -€103,918
down €103,918 (-30.9%), from €336,110 to €232,192
- Profit (loss) carried forward +€100,356
up €100,356 (+30.0%), from €334,039 to €434,395
- Tax, wage and social debts -€57,071
down €57,071 (-20.8%), from €274,094 to €217,023
of which Taxes: -€43,726
Income statement
- Staff costs -€55,079
down €55,079 (-16.3%), from €337,857 to €282,778
- Write-downs -€51,944
down €51,944, from €25,972 to -€25,972
- Taxes +€35,777
up €35,777 (+35.7%), from €100,076 to €135,853
- Other operating charges +€33,403
up €33,403 (+274%), from €12,177 to €45,580
- Financial charges -€23,356
down €23,356 (-32.5%), from €71,768 to €48,412
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€255,913
Gross operating margin
-€11,270
Staff costs
+€55,079
Depreciation
-€14,240
Write-downs
+€51,944
Other operating charges
-€33,403
Financial income
+€8,754
Financial charges
+€23,356
Taxes
-€35,777
Result 2025
€300,356
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€3,310
Investment
-€202,040
Financing
+€6,501
Cash 2024
€544,779
From operations (derived)
-€3,310
Net result for the year
+€300,356
Depreciation
+€125,397
Stocks and contracts
+€27,264
Receivables within one year
-€69,167
Deferred charges and accrued income
-€1,136
Trade debts
-€214,919
Tax, wage and social debts
-€57,071
Other debts
-€103,918
Accrued charges and deferred income
-€10,115
Investment (derived)
-€202,040
Investment in fixed assets (net)
-€202,040
Financing
+€6,501
Debts after one year
+€40,602
Current portion of long-term debt
+€15,899
Short-term financial debts
-€50,000
Cash 2025
€345,930
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,491,885 | €4,412,719 | -€79,166 | -1.8% |
| Fixed assets | 21/28 | €1,466,123 | €1,542,766 | +€76,644 | +5.2% |
| Tangible fixed assets | 22/27 | €1,429,025 | €1,510,399 | +€81,374 | +5.7% |
| Land and buildings | 22 | €1,241,864 | €1,224,400 | -€17,464 | -1.4% |
| Plant, machinery and equipment | 23 | €117,921 | €95,520 | -€22,402 | -19.0% |
| Furniture and vehicles | 24 | €69,240 | €190,479 | +€121,239 | +175% |
| Financial fixed assets | 28 | €37,097 | €32,367 | -€4,730 | -12.8% |
| Current assets | 29/58 | €3,025,763 | €2,869,953 | -€155,810 | -5.1% |
| Stocks and contracts in progress | 3 | €1,347,919 | €1,320,656 | -€27,264 | -2.0% |
| Stocks | 30/36 | €1,347,919 | €1,320,656 | -€27,264 | -2.0% |
| Amounts receivable within one year | 40/41 | €1,121,359 | €1,190,527 | +€69,167 | +6.2% |
| Trade receivables | 40 | €1,121,359 | €1,190,527 | +€69,167 | +6.2% |
| Cash at bank and in hand | 54/58 | €544,779 | €345,930 | -€198,850 | -36.5% |
| Deferred charges and accrued income | 490/1 | €11,705 | €12,841 | +€1,136 | +9.7% |
| Total equity and liabilities | 10/49 | €4,491,885 | €4,412,719 | -€79,166 | -1.8% |
| Equity | 10/15 | €2,473,239 | €2,773,596 | +€300,356 | +12.1% |
| Contributions | 10/11 | €422,400 | €422,400 | = | 0.0% |
| Capital | 10 | €422,400 | €422,400 | = | 0.0% |
| Issued capital | 100 | €422,400 | €422,400 | = | 0.0% |
| Revaluation surpluses | 12 | €1,067,840 | €1,054,550 | -€13,290 | -1.2% |
| Reserves | 13 | €648,960 | €862,250 | +€213,290 | +32.9% |
| Non-distributable reserves | 130/1 | €42,240 | €42,240 | = | 0.0% |
| Legal reserve | 130 | €42,240 | €42,240 | = | 0.0% |
| Distributable reserves | 133 | €606,720 | €820,010 | +€213,290 | +35.2% |
| Profit (loss) carried forward | 14 | €334,039 | €434,395 | +€100,356 | +30.0% |
| Amounts payable | 17/49 | €2,018,646 | €1,639,123 | -€379,523 | -18.8% |
| Amounts payable after more than one year | 17 | €40,232 | €80,833 | +€40,602 | +101% |
| Financial debts | 170/4 | €40,232 | €80,833 | +€40,602 | +101% |
| Amounts payable within one year | 42/48 | €1,967,072 | €1,557,063 | -€410,009 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €11,450 | €27,349 | +€15,899 | +139% |
| Financial debts | 43 | €473,104 | €423,104 | -€50,000 | -10.6% |
| Credit institutions | 430/8 | €473,104 | €423,104 | -€50,000 | -10.6% |
| Trade debts | 44 | €872,313 | €657,394 | -€214,919 | -24.6% |
| Suppliers | 440/4 | €872,313 | €657,394 | -€214,919 | -24.6% |
| Taxes, remuneration and social security | 45 | €274,094 | €217,023 | -€57,071 | -20.8% |
| Taxes | 450/3 | €225,014 | €181,288 | -€43,726 | -19.4% |
| Remuneration and social security | 454/9 | €49,080 | €35,736 | -€13,344 | -27.2% |
| Other amounts payable | 47/48 | €336,110 | €232,192 | -€103,918 | -30.9% |
| Accrued charges and deferred income | 492/3 | €11,342 | €1,227 | -€10,115 | -89.2% |
| Remuneration, social security and pensions | 62 | €337,857 | €282,778 | -€55,079 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,157 | €125,397 | +€14,240 | +12.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,972 | -€25,972 | -€51,944 | |
| Other operating charges | 640/8 | €12,177 | €45,580 | +€33,403 | +274% |
| Gross operating margin | 9900 | €898,181 | €886,911 | -€11,270 | -1.3% |
| Operating profit (loss) | 9901 | €411,018 | €459,128 | +€48,110 | +11.7% |
| Financial income | 75/76B | €16,739 | €25,494 | +€8,754 | +52.3% |
| Recurring financial income | 75 | €16,739 | €25,494 | +€8,754 | +52.3% |
| Financial charges | 65/66B | €71,768 | €48,412 | -€23,356 | -32.5% |
| Recurring financial charges | 65 | €71,768 | €48,412 | -€23,356 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €355,989 | €436,209 | +€80,220 | +22.5% |
| Income taxes | 67/77 | €100,076 | €135,853 | +€35,777 | +35.7% |
| Profit (loss) for the period | 9904 | €255,913 | €300,356 | +€44,443 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €255,913 | €300,356 | +€44,443 | +17.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.