Genius Systems: 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 Systems
Largest movements
- Tangible fixed assets +€212,738
up €212,738 (+2478.2%), from €8,585 to €221,323
of which Land and buildings: +€208,893
- Cash -€45,195
down €45,195 (-51.4%), from €87,908 to €42,714
mainly Investment in fixed assets (net) (-€219,119) and Trade debts (-€1,779)
- Receivables within one year -€5,522
down €5,522 (-34.5%), from €16,012 to €10,490
of which Trade receivables: -€5,616
- Other debts +€50,667
up €50,667 (+377.2%), from €13,433 to €64,100
- Reserves +€39,185
up €39,185 (+50.4%), from €77,725 to €116,910
- Debts after one year +€38,250
new in 2025: €38,250
- Short-term financial debts +€14,655
new in 2025: €14,655
- Tax, wage and social debts +€12,227
up €12,227 (+416.0%), from €2,939 to €15,167
- Gross operating margin +€31,235
up €31,235 (+77.8%), from €40,127 to €71,362
- Write-downs +€8,811
up €8,811 (+1958.0%), from €450 to €9,261
- Taxes +€7,874
up €7,874 (+126.8%), from €6,212 to €14,086
- Depreciation +€2,114
up €2,114 (+49.6%), from €4,266 to €6,381
- Financial charges +€1,369
up €1,369 (+837.6%), from €163 to €1,532
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 | €115,279 | €277,923 | +€162,644 | +141.1% |
| Fixed assets | 21/28 | €8,585 | €221,323 | +€212,738 | +2478.2% |
| Tangible fixed assets | 22/27 | €8,585 | €221,323 | +€212,738 | +2478.2% |
| Land and buildings | 22 | - | €208,893 | +€208,893 | |
| Plant, machinery and equipment | 23 | €3,870 | €8,515 | +€4,644 | +120.0% |
| Furniture and vehicles | 24 | €1,602 | €1,159 | -€443 | -27.7% |
| Other tangible fixed assets | 26 | €3,112 | €2,756 | -€356 | -11.4% |
| Current assets | 29/58 | €106,695 | €56,600 | -€50,094 | -47.0% |
| Stocks and contracts in progress | 3 | €2,774 | €3,396 | +€622 | +22.4% |
| Stocks | 30/36 | €2,774 | €3,396 | +€622 | +22.4% |
| Amounts receivable within one year | 40/41 | €16,012 | €10,490 | -€5,522 | -34.5% |
| Trade receivables | 40 | €14,535 | €8,919 | -€5,616 | -38.6% |
| Other amounts receivable | 41 | €1,477 | €1,571 | +€94 | +6.4% |
| Cash at bank and in hand | 54/58 | €87,908 | €42,714 | -€45,195 | -51.4% |
| Total equity and liabilities | 10/49 | €115,279 | €277,923 | +€162,644 | +141.1% |
| Equity | 10/15 | €96,325 | €135,510 | +€39,185 | +40.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €77,725 | €116,910 | +€39,185 | +50.4% |
| Distributable reserves | 133 | €77,725 | €116,910 | +€39,185 | +50.4% |
| Amounts payable | 17/49 | €18,955 | €142,413 | +€123,459 | +651.3% |
| Amounts payable after more than one year | 17 | - | €38,250 | +€38,250 | |
| Financial debts | 170/4 | - | €38,250 | +€38,250 | |
| Amounts payable within one year | 42/48 | €18,955 | €104,163 | +€85,208 | +449.5% |
| Current portion of amounts payable after more than one year | 42 | - | €9,438 | +€9,438 | |
| Financial debts | 43 | - | €14,655 | +€14,655 | |
| Credit institutions | 430/8 | - | €14,655 | +€14,655 | |
| Trade debts | 44 | €2,582 | €803 | -€1,779 | -68.9% |
| Suppliers | 440/4 | €2,582 | €803 | -€1,779 | -68.9% |
| Taxes, remuneration and social security | 45 | €2,939 | €15,167 | +€12,227 | +416.0% |
| Taxes | 450/3 | €2,939 | €15,167 | +€12,227 | +416.0% |
| Other amounts payable | 47/48 | €13,433 | €64,100 | +€50,667 | +377.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,266 | €6,381 | +€2,114 | +49.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €450 | €9,261 | +€8,811 | +1958.0% |
| Other operating charges | 640/8 | €450 | €1,048 | +€598 | +132.9% |
| Gross operating margin | 9900 | €40,127 | €71,362 | +€31,235 | +77.8% |
| Operating profit (loss) | 9901 | €34,960 | €54,672 | +€19,711 | +56.4% |
| Financial income | 75/76B | €198 | €132 | -€66 | -33.5% |
| Recurring financial income | 75 | €198 | €132 | -€66 | -33.5% |
| Financial charges | 65/66B | €163 | €1,532 | +€1,369 | +837.6% |
| Recurring financial charges | 65 | €163 | €1,532 | +€1,369 | +837.6% |
| Profit (loss) for the period before taxes | 9903 | €34,995 | €53,272 | +€18,276 | +52.2% |
| Income taxes | 67/77 | €6,212 | €14,086 | +€7,874 | +126.8% |
| Profit (loss) for the period | 9904 | €28,783 | €39,185 | +€10,402 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,783 | €39,185 | +€10,402 | +36.1% |
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.