GENISYS: 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.
GENISYS
Largest movements
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Cash +€121,673
up €121,673 (+148.2%), from €82,100 to €203,774
mainly Current investments (+€150,000) and Net result for the year (+€14,603)
- Receivables within one year +€20,695
up €20,695 (+706.6%), from €2,929 to €23,624
of which Trade receivables: +€15,516
- Deferred charges and accrued income -€12,164
down €12,164 (-88.6%), from €13,727 to €1,563
- Tangible fixed assets -€11,310
down €11,310 (-21.8%), from €51,964 to €40,654
of which Furniture and vehicles: -€7,597
- Reserves -€22,397
down €22,397 (-8.9%), from €252,620 to €230,223
of which Distributable reserves: -€22,397
- Trade debts -€10,230
down €10,230 (-83.6%), from €12,241 to €2,011
- Gross operating margin -€16,047
down €16,047 (-33.3%), from €48,227 to €32,180
- Taxes -€4,536
down €4,536 (-42.6%), from €10,650 to €6,114
- Financial income -€763
down €763 (-37.5%), from €2,037 to €1,273
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 | €300,720 | €269,614 | -€31,106 | -10.3% |
| Fixed assets | 21/28 | €51,964 | €40,654 | -€11,310 | -21.8% |
| Tangible fixed assets | 22/27 | €51,964 | €40,654 | -€11,310 | -21.8% |
| Land and buildings | 22 | €21,869 | €19,586 | -€2,283 | -10.4% |
| Furniture and vehicles | 24 | €24,930 | €17,334 | -€7,597 | -30.5% |
| Other tangible fixed assets | 26 | €5,164 | €3,734 | -€1,430 | -27.7% |
| Current assets | 29/58 | €248,756 | €228,960 | -€19,796 | -8.0% |
| Amounts receivable within one year | 40/41 | €2,929 | €23,624 | +€20,695 | +706.6% |
| Trade receivables | 40 | €1,596 | €17,112 | +€15,516 | +972.2% |
| Other amounts receivable | 41 | €1,333 | €6,512 | +€5,179 | +388.6% |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €82,100 | €203,774 | +€121,673 | +148.2% |
| Deferred charges and accrued income | 490/1 | €13,727 | €1,563 | -€12,164 | -88.6% |
| Total equity and liabilities | 10/49 | €300,720 | €269,614 | -€31,106 | -10.3% |
| Equity | 10/15 | €277,420 | €255,023 | -€22,397 | -8.1% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €252,620 | €230,223 | -€22,397 | -8.9% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €244,620 | €222,223 | -€22,397 | -9.2% |
| Amounts payable | 17/49 | €23,300 | €14,590 | -€8,709 | -37.4% |
| Amounts payable within one year | 42/48 | €23,300 | €14,590 | -€8,709 | -37.4% |
| Trade debts | 44 | €12,241 | €2,011 | -€10,230 | -83.6% |
| Suppliers | 440/4 | €12,241 | €2,011 | -€10,230 | -83.6% |
| Taxes, remuneration and social security | 45 | €11,059 | €12,579 | +€1,521 | +13.8% |
| Taxes | 450/3 | €11,059 | €1,400 | -€9,659 | -87.3% |
| Remuneration and social security | 454/9 | - | €11,179 | +€11,179 | |
| Remuneration, social security and pensions | 62 | - | €294 | +€294 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,010 | €11,010 | = | 0.0% |
| Other operating charges | 640/8 | €1,560 | €1,236 | -€324 | -20.8% |
| Gross operating margin | 9900 | €48,227 | €32,180 | -€16,047 | -33.3% |
| Operating profit (loss) | 9901 | €35,657 | €19,641 | -€16,016 | -44.9% |
| Financial income | 75/76B | €2,037 | €1,273 | -€763 | -37.5% |
| Recurring financial income | 75 | €2,037 | €1,273 | -€763 | -37.5% |
| Financial charges | 65/66B | €187 | €197 | +€10 | +5.4% |
| Recurring financial charges | 65 | €187 | €197 | +€10 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €37,507 | €20,717 | -€16,790 | -44.8% |
| Income taxes | 67/77 | €10,650 | €6,114 | -€4,536 | -42.6% |
| Profit (loss) for the period | 9904 | €26,857 | €14,603 | -€12,253 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,857 | €14,603 | -€12,253 | -45.6% |
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 11 October 2026 via checked.be.