Genius Concept: what changed
Two fiscal 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.
Genius Concept
Largest movements
- Cash +€225,666
up €225,666 (+1329.9%), from €16,969 to €242,635
mainly Net result for the year (+€167,922) and Tax, wage and social debts (+€70,572)
- Receivables within one year -€27,944
down €27,944 (-33.7%), from €82,866 to €54,921
of which Trade receivables: -€32,395
- Profit (loss) carried forward +€73,805
up €73,805 (+377.6%), from €19,544 to €93,349
- Tax, wage and social debts +€70,572
up €70,572 (+959.6%), from €7,354 to €77,927
of which Taxes: +€67,841
- Trade debts +€26,835
up €26,835 (+110.4%), from €24,303 to €51,138
- Other debts +€26,000
new in 2024: €26,000
- Gross operating margin +€251,869
up €251,869 (+18809.9%), from €1,339 to €253,208
- Taxes +€60,710
up €60,710, from -€710 to €60,000
- Staff costs +€2,804
up €2,804 (+17.3%), from €16,173 to €18,977
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,201 | €301,413 | +€197,212 | +189.3% |
| Fixed assets | 21/28 | €4,367 | €3,857 | -€510 | -11.7% |
| Tangible fixed assets | 22/27 | €4,367 | €3,457 | -€910 | -20.8% |
| Plant, machinery and equipment | 23 | €1,261 | €774 | -€488 | -38.7% |
| Furniture and vehicles | 24 | €3,105 | €2,683 | -€422 | -13.6% |
| Financial fixed assets | 28 | - | €400 | +€400 | |
| Current assets | 29/58 | €99,835 | €297,556 | +€197,722 | +198.0% |
| Amounts receivable within one year | 40/41 | €82,866 | €54,921 | -€27,944 | -33.7% |
| Trade receivables | 40 | €61,188 | €28,793 | -€32,395 | -52.9% |
| Other amounts receivable | 41 | €21,678 | €26,128 | +€4,450 | +20.5% |
| Cash at bank and in hand | 54/58 | €16,969 | €242,635 | +€225,666 | +1329.9% |
| Total equity and liabilities | 10/49 | €104,201 | €301,413 | +€197,212 | +189.3% |
| Equity | 10/15 | €72,544 | €146,349 | +€73,805 | +101.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,544 | €93,349 | +€73,805 | +377.6% |
| Amounts payable | 17/49 | €31,657 | €155,065 | +€123,407 | +389.8% |
| Amounts payable within one year | 42/48 | €31,657 | €155,065 | +€123,407 | +389.8% |
| Trade debts | 44 | €24,303 | €51,138 | +€26,835 | +110.4% |
| Suppliers | 440/4 | €24,303 | €51,138 | +€26,835 | +110.4% |
| Taxes, remuneration and social security | 45 | €7,354 | €77,927 | +€70,572 | +959.6% |
| Taxes | 450/3 | €6,428 | €74,269 | +€67,841 | +1055.5% |
| Remuneration and social security | 454/9 | €927 | €3,657 | +€2,731 | +294.6% |
| Other amounts payable | 47/48 | - | €26,000 | +€26,000 | |
| Remuneration, social security and pensions | 62 | €16,173 | €18,977 | +€2,804 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,587 | €2,111 | +€524 | +33.0% |
| Other operating charges | 640/8 | €2,412 | €3,300 | +€888 | +36.8% |
| Gross operating margin | 9900 | €1,339 | €253,208 | +€251,869 | +18809.9% |
| Operating profit (loss) | 9901 | -€18,833 | €228,819 | +€247,652 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €353 | €902 | +€549 | +155.3% |
| Recurring financial charges | 65 | €353 | €902 | +€549 | +155.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,186 | €227,922 | +€247,109 | |
| Income taxes | 67/77 | -€710 | €60,000 | +€60,710 | |
| Profit (loss) for the period | 9904 | -€18,476 | €167,922 | +€186,399 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,476 | €167,922 | +€186,399 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.