GENJI: 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.
GENJI
Largest movements
- Cash +€73,675
up €73,675 (+25.8%), from €285,529 to €359,203
mainly Net result for the year (+€140,331) and Receivables within one year (+€48,360)
- Receivables after one year +€73,421
new in 2024: €73,421
- Receivables within one year -€48,360
down €48,360 (-34.1%), from €141,738 to €93,378
of which Other amounts receivable: -€55,776
- Deferred charges and accrued income +€16,226
new in 2024: €16,226
- Tangible fixed assets +€11,598
up €11,598 (+44.9%), from €25,843 to €37,441
of which Other tangible fixed assets: +€10,640
- Reserves +€100,000
new in 2024: €100,000
- Profit (loss) carried forward +€40,331
up €40,331 (+49.0%), from -€82,391 to -€42,059
- Tax, wage and social debts -€16,140
down €16,140 (-7.2%), from €225,407 to €209,267
of which Remuneration and social security: -€8,610
- Gross operating margin +€405,147
up €405,147 (+38.4%), from €1.1m to €1.5m
- Staff costs +€249,748
up €249,748 (+26.6%), from €937,530 to €1.2m
- Taxes +€59,413
up €59,413 (+10,125%), from €587 to €60,000
- Other operating charges +€15,051
up €15,051 (+58.2%), from €25,868 to €40,919
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.
Derived cash bridge
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 | €491,522 | €610,458 | +€118,936 | +24.2% |
| Fixed assets | 21/28 | €27,601 | €40,025 | +€12,424 | +45.0% |
| Tangible fixed assets | 22/27 | €25,843 | €37,441 | +€11,598 | +44.9% |
| Plant, machinery and equipment | 23 | €20,493 | €16,529 | -€3,964 | -19.3% |
| Furniture and vehicles | 24 | €1,420 | €6,342 | +€4,921 | +346% |
| Other tangible fixed assets | 26 | €3,929 | €14,570 | +€10,640 | +271% |
| Financial fixed assets | 28 | €1,758 | €2,584 | +€826 | +47.0% |
| Current assets | 29/58 | €463,921 | €570,432 | +€106,512 | +23.0% |
| Amounts receivable after more than one year | 29 | - | €73,421 | +€73,421 | |
| Other amounts receivable | 291 | - | €73,421 | +€73,421 | |
| Stocks and contracts in progress | 3 | €36,654 | €28,204 | -€8,450 | -23.1% |
| Stocks | 30/36 | €36,654 | €28,204 | -€8,450 | -23.1% |
| Amounts receivable within one year | 40/41 | €141,738 | €93,378 | -€48,360 | -34.1% |
| Trade receivables | 40 | - | €7,416 | +€7,416 | |
| Other amounts receivable | 41 | €141,738 | €85,962 | -€55,776 | -39.4% |
| Cash at bank and in hand | 54/58 | €285,529 | €359,203 | +€73,675 | +25.8% |
| Deferred charges and accrued income | 490/1 | - | €16,226 | +€16,226 | |
| Total equity and liabilities | 10/49 | €491,522 | €610,458 | +€118,936 | +24.2% |
| Equity | 10/15 | -€51,891 | €88,441 | +€140,331 | |
| Contributions | 10/11 | €30,500 | €30,500 | = | 0.0% |
| Contributions outside capital | 11 | €30,500 | - | -€30,500 | |
| Other | 1109/19 | €30,500 | - | -€30,500 | |
| Reserves | 13 | - | €100,000 | +€100,000 | |
| Distributable reserves | 133 | - | €100,000 | +€100,000 | |
| Profit (loss) carried forward | 14 | -€82,391 | -€42,059 | +€40,331 | +49.0% |
| Amounts payable | 17/49 | €543,412 | €522,017 | -€21,395 | -3.9% |
| Amounts payable after more than one year | 17 | - | €2,640 | +€2,640 | |
| Other amounts payable | 178/9 | - | €2,640 | +€2,640 | |
| Amounts payable within one year | 42/48 | €543,412 | €519,377 | -€24,035 | -4.4% |
| Trade debts | 44 | €313,305 | €310,110 | -€3,195 | -1.0% |
| Suppliers | 440/4 | €313,305 | €310,110 | -€3,195 | -1.0% |
| Taxes, remuneration and social security | 45 | €225,407 | €209,267 | -€16,140 | -7.2% |
| Taxes | 450/3 | €67,530 | €60,000 | -€7,530 | -11.2% |
| Remuneration and social security | 454/9 | €157,876 | €149,267 | -€8,610 | -5.5% |
| Other amounts payable | 47/48 | €4,701 | - | -€4,701 | |
| Non-recurring operating income | 76A | €1,620 | - | -€1,620 | |
| Remuneration, social security and pensions | 62 | €937,530 | €1,187,278 | +€249,748 | +26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,517 | €9,172 | +€1,655 | +22.0% |
| Other operating charges | 640/8 | €25,868 | €40,919 | +€15,051 | +58.2% |
| Gross operating margin | 9900 | €1,055,779 | €1,460,926 | +€405,147 | +38.4% |
| Operating profit (loss) | 9901 | €84,864 | €223,557 | +€138,693 | +163% |
| Financial charges | 65/66B | €29,554 | €23,226 | -€6,329 | -21.4% |
| Recurring financial charges | 65 | €15,198 | €23,226 | +€8,028 | +52.8% |
| Non-recurring financial charges | 66B | €14,357 | - | -€14,357 | |
| Profit (loss) for the period before taxes | 9903 | €55,309 | €200,331 | +€145,022 | +262% |
| Income taxes | 67/77 | €587 | €60,000 | +€59,413 | +10,125% |
| Profit (loss) for the period | 9904 | €54,723 | €140,331 | +€85,609 | +156% |
| Profit (loss) for the period to be appropriated | 9905 | €54,723 | €140,331 | +€85,609 | +156% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.