GENIO: 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.
GENIO
Largest movements
- Tangible fixed assets -€11,199
down €11,199 (-4.9%), from €230,427 to €219,228
- Deferred charges and accrued income -€8,234
down €8,234 (-77.3%), from €10,657 to €2,422
- Receivables within one year +€7,701
up €7,701 (+3.6%), from €213,805 to €221,506
of which Trade receivables: +€100,239
- Reserves +€16,395
up €16,395 (+110.3%), from €14,863 to €31,258
- Debts after one year -€14,549
down €14,549 (-6.3%), from €232,708 to €218,159
- Other debts -€12,646
down €12,646 (-8.7%), from €145,000 to €132,354
- Gross operating margin -€22,342
down €22,342 (-11.7%), from €191,712 to €169,370
- Financial income -€13,796
down €13,796 (-98.7%), from €13,972 to €176
- Taxes +€5,362
up €5,362 (+18.2%), from €29,414 to €34,777
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 | €469,117 | €453,257 | -€15,860 | -3.4% |
| Formation expenses | 20 | €984 | €0 | -€984 | -100.0% |
| Fixed assets | 21/28 | €230,427 | €219,228 | -€11,199 | -4.9% |
| Tangible fixed assets | 22/27 | €230,427 | €219,228 | -€11,199 | -4.9% |
| Land and buildings | 22 | €230,427 | €219,228 | -€11,199 | -4.9% |
| Current assets | 29/58 | €237,706 | €234,028 | -€3,678 | -1.5% |
| Amounts receivable within one year | 40/41 | €213,805 | €221,506 | +€7,701 | +3.6% |
| Trade receivables | 40 | €121,266 | €221,506 | +€100,239 | +82.7% |
| Other amounts receivable | 41 | €92,538 | €0 | -€92,538 | -100.0% |
| Cash at bank and in hand | 54/58 | €13,245 | €10,101 | -€3,145 | -23.7% |
| Deferred charges and accrued income | 490/1 | €10,657 | €2,422 | -€8,234 | -77.3% |
| Total equity and liabilities | 10/49 | €469,117 | €453,257 | -€15,860 | -3.4% |
| Equity | 10/15 | €19,863 | €36,258 | +€16,395 | +82.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €14,863 | €31,258 | +€16,395 | +110.3% |
| Distributable reserves | 133 | €14,863 | €31,258 | +€16,395 | +110.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €449,253 | €416,999 | -€32,255 | -7.2% |
| Amounts payable after more than one year | 17 | €232,708 | €218,159 | -€14,549 | -6.3% |
| Financial debts | 170/4 | €232,708 | €218,159 | -€14,549 | -6.3% |
| Amounts payable within one year | 42/48 | €216,220 | €198,533 | -€17,687 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €15,514 | €15,751 | +€237 | +1.5% |
| Trade debts | 44 | €6,423 | €2,382 | -€4,041 | -62.9% |
| Suppliers | 440/4 | €6,423 | €2,382 | -€4,041 | -62.9% |
| Taxes, remuneration and social security | 45 | €49,284 | €48,046 | -€1,238 | -2.5% |
| Taxes | 450/3 | €49,284 | €48,046 | -€1,238 | -2.5% |
| Other amounts payable | 47/48 | €145,000 | €132,354 | -€12,646 | -8.7% |
| Accrued charges and deferred income | 492/3 | €325 | €306 | -€19 | -5.8% |
| Non-recurring operating income | 76A | €14,742 | €0 | -€14,742 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,510 | €12,182 | -€328 | -2.6% |
| Other operating charges | 640/8 | €3,487 | €2,059 | -€1,428 | -41.0% |
| Gross operating margin | 9900 | €191,712 | €169,370 | -€22,342 | -11.7% |
| Operating profit (loss) | 9901 | €175,715 | €155,129 | -€20,586 | -11.7% |
| Financial income | 75/76B | €13,972 | €176 | -€13,796 | -98.7% |
| Recurring financial income | 75 | €13,972 | €176 | -€13,796 | -98.7% |
| Financial charges | 65/66B | €4,818 | €4,134 | -€685 | -14.2% |
| Recurring financial charges | 65 | €4,818 | €4,134 | -€685 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €184,868 | €151,171 | -€33,697 | -18.2% |
| Income taxes | 67/77 | €29,414 | €34,777 | +€5,362 | +18.2% |
| Profit (loss) for the period | 9904 | €155,454 | €116,395 | -€39,060 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €155,454 | €116,395 | -€39,060 | -25.1% |
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 10 October 2026 via checked.be.