Genius Forum: 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.
Genius Forum
Largest movements
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Receivables after one year +€100,000
new in 2025: €100,000
- Cash +€80,315
up €80,315 (+88.1%), from €91,136 to €171,451
mainly Current investments (+€150,000) and Investment in fixed assets (net) (+€50,000)
- Financial fixed assets -€50,000
down €50,000 (-20.0%), from €250,000 to €200,000
- Receivables within one year -€10,597
down €10,597 (-47.5%), from €22,318 to €11,722
of which Trade receivables: -€7,355
- Profit (loss) carried forward -€50,360
down €50,360 (-372%), from -€13,537 to -€63,897
- Contributions +€25,000
up €25,000 (+4.8%), from €517,000 to €542,000
- Trade debts -€8,095
down €8,095 (-57.2%), from €14,164 to €6,069
- Financial charges +€49,968
up €49,968 (+7,907%), from €632 to €50,600
of which Non-recurring financial charges: +€50,000
- Gross operating margin -€6,068
down €6,068 (-97.9%), from -€6,198 to -€12,265
- Financial income +€3,690
up €3,690 (+37.4%), from €9,857 to €13,547
- Other operating charges +€1,041
new in 2025: €1,041
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 | €517,628 | €484,173 | -€33,455 | -6.5% |
| Fixed assets | 21/28 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Financial fixed assets | 28 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Current assets | 29/58 | €267,628 | €284,173 | +€16,545 | +6.2% |
| Amounts receivable after more than one year | 29 | - | €100,000 | +€100,000 | |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | €22,318 | €11,722 | -€10,597 | -47.5% |
| Trade receivables | 40 | €18,270 | €10,916 | -€7,355 | -40.3% |
| Other amounts receivable | 41 | €4,048 | €806 | -€3,242 | -80.1% |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €91,136 | €171,451 | +€80,315 | +88.1% |
| Deferred charges and accrued income | 490/1 | €4,174 | €1,000 | -€3,173 | -76.0% |
| Total equity and liabilities | 10/49 | €517,628 | €484,173 | -€33,455 | -6.5% |
| Equity | 10/15 | €503,463 | €478,103 | -€25,360 | -5.0% |
| Contributions | 10/11 | €517,000 | €542,000 | +€25,000 | +4.8% |
| Profit (loss) carried forward | 14 | -€13,537 | -€63,897 | -€50,360 | -372% |
| Amounts payable | 17/49 | €14,164 | €6,069 | -€8,095 | -57.2% |
| Amounts payable within one year | 42/48 | €14,164 | €6,069 | -€8,095 | -57.2% |
| Trade debts | 44 | €14,164 | €6,069 | -€8,095 | -57.2% |
| Suppliers | 440/4 | €14,164 | €6,069 | -€8,095 | -57.2% |
| Other operating charges | 640/8 | - | €1,041 | +€1,041 | |
| Gross operating margin | 9900 | -€6,198 | -€12,265 | -€6,068 | -97.9% |
| Operating profit (loss) | 9901 | -€6,198 | -€13,306 | -€7,109 | -115% |
| Financial income | 75/76B | €9,857 | €13,547 | +€3,690 | +37.4% |
| Recurring financial income | 75 | €9,857 | €13,547 | +€3,690 | +37.4% |
| Financial charges | 65/66B | €632 | €50,600 | +€49,968 | +7,907% |
| Recurring financial charges | 65 | €632 | €600 | -€32 | -5.0% |
| Non-recurring financial charges | 66B | - | €50,000 | +€50,000 | |
| Profit (loss) for the period before taxes | 9903 | €3,027 | -€50,360 | -€53,387 | |
| Profit (loss) for the period | 9904 | €3,027 | -€50,360 | -€53,387 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,027 | -€50,360 | -€53,387 |
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 20 October 2026 via checked.be.