GéNIvent: 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.
GéNIvent
Largest movements
- Receivables within one year +€51,807
up €51,807 (+23.4%), from €221,833 to €273,640
of which Trade receivables: +€51,262
- Trade debts -€248,672
down €248,672 (-34.8%), from €714,858 to €466,185
- Reserves +€241,264
up €241,264 (+33.6%), from €717,608 to €958,872
- Advances received -€240,000
down €240,000 (-44.4%), from €540,000 to €300,000
- Other debts +€179,783
up €179,783 (+129%), from €139,394 to €319,177
- Debts after one year +€116,555
up €116,555 (+323%), from €36,108 to €152,663
- Financial income +€240,000
new in 2025: €240,000
- Gross operating margin +€89,688
up €89,688 (+138%), from €65,000 to €154,688
- Financial charges +€71,562
up €71,562 (+377%), from €18,981 to €90,543
- Taxes +€23,478
up €23,478 (+3,620%), from €649 to €24,126
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 | €2,414,976 | €2,474,906 | +€59,931 | +2.5% |
| Fixed assets | 21/28 | €2,167,294 | €2,166,388 | -€906 | 0.0% |
| Tangible fixed assets | 22/27 | €267,294 | €266,388 | -€906 | -0.3% |
| Furniture and vehicles | 24 | €2,391 | €1,485 | -€906 | -37.9% |
| Other tangible fixed assets | 26 | €264,903 | €264,903 | = | 0.0% |
| Financial fixed assets | 28 | €1,900,000 | €1,900,000 | = | 0.0% |
| Current assets | 29/58 | €247,682 | €308,518 | +€60,837 | +24.6% |
| Amounts receivable within one year | 40/41 | €221,833 | €273,640 | +€51,807 | +23.4% |
| Trade receivables | 40 | €220,258 | €271,520 | +€51,262 | +23.3% |
| Other amounts receivable | 41 | €1,575 | €2,120 | +€545 | +34.6% |
| Cash at bank and in hand | 54/58 | €21,616 | €29,396 | +€7,780 | +36.0% |
| Deferred charges and accrued income | 490/1 | €4,233 | €5,482 | +€1,250 | +29.5% |
| Total equity and liabilities | 10/49 | €2,414,976 | €2,474,906 | +€59,931 | +2.5% |
| Equity | 10/15 | €871,357 | €1,112,622 | +€241,264 | +27.7% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €717,608 | €958,872 | +€241,264 | +33.6% |
| Distributable reserves | 133 | €717,608 | €958,872 | +€241,264 | +33.6% |
| Profit (loss) carried forward | 14 | €3,750 | €3,750 | = | 0.0% |
| Amounts payable | 17/49 | €1,543,618 | €1,362,285 | -€181,334 | -11.7% |
| Amounts payable after more than one year | 17 | €36,108 | €152,663 | +€116,555 | +323% |
| Financial debts | 170/4 | €36,108 | €152,663 | +€116,555 | +323% |
| Amounts payable within one year | 42/48 | €1,499,510 | €1,201,622 | -€297,889 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €71,452 | €83,445 | +€11,993 | +16.8% |
| Trade debts | 44 | €714,858 | €466,185 | -€248,672 | -34.8% |
| Suppliers | 440/4 | €714,858 | €466,185 | -€248,672 | -34.8% |
| Advances received on contracts in progress | 46 | €540,000 | €300,000 | -€240,000 | -44.4% |
| Taxes, remuneration and social security | 45 | €33,807 | €32,814 | -€992 | -2.9% |
| Taxes | 450/3 | €33,134 | €32,144 | -€990 | -3.0% |
| Remuneration and social security | 454/9 | €673 | €670 | -€2 | -0.3% |
| Other amounts payable | 47/48 | €139,394 | €319,177 | +€179,783 | +129% |
| Accrued charges and deferred income | 492/3 | €8,000 | €8,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €37,357 | €37,847 | +€491 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €906 | €906 | = | 0.0% |
| Other operating charges | 640/8 | €622 | - | -€622 | |
| Gross operating margin | 9900 | €65,000 | €154,688 | +€89,688 | +138% |
| Operating profit (loss) | 9901 | €26,115 | €115,934 | +€89,819 | +344% |
| Financial income | 75/76B | - | €240,000 | +€240,000 | |
| Recurring financial income | 75 | - | €240,000 | +€240,000 | |
| Financial charges | 65/66B | €18,981 | €90,543 | +€71,562 | +377% |
| Recurring financial charges | 65 | €18,981 | €90,543 | +€71,562 | +377% |
| Profit (loss) for the period before taxes | 9903 | €7,134 | €265,391 | +€258,257 | +3,620% |
| Income taxes | 67/77 | €649 | €24,126 | +€23,478 | +3,620% |
| Profit (loss) for the period | 9904 | €6,486 | €241,264 | +€234,779 | +3,620% |
| Profit (loss) for the period to be appropriated | 9905 | €6,486 | €241,264 | +€234,779 | +3,620% |
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 24 October 2026 via checked.be.