GENKERHEIDE: 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.
GENKERHEIDE
Largest movements
- Cash +€42,432
up €42,432 (+86.0%), from €49,318 to €91,749
mainly Net result for the year (+€26,311) and Receivables within one year (+€20,904)
- Receivables within one year -€20,904
down €20,904 (-74.1%), from €28,200 to €7,296
- Reserves +€26,311
up €26,311 (+26.2%), from €100,281 to €126,591
of which Distributable reserves: +€26,311
- Trade debts -€4,782
down €4,782 (-46.9%), from €10,204 to €5,422
- Gross operating margin +€7,797
up €7,797 (+21.7%), from €35,884 to €43,682
- Depreciation +€1,687
up €1,687 (+100%), from €1,687 to €3,373
- Taxes +€1,664
up €1,664 (+22.6%), from €7,361 to €9,026
- Financial income +€674
new in 2025: €674
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 | €350,280 | €368,447 | +€18,167 | +5.2% |
| Fixed assets | 21/28 | €272,581 | €269,208 | -€3,373 | -1.2% |
| Tangible fixed assets | 22/27 | €272,581 | €269,208 | -€3,373 | -1.2% |
| Land and buildings | 22 | €272,581 | €269,208 | -€3,373 | -1.2% |
| Current assets | 29/58 | €77,699 | €99,239 | +€21,540 | +27.7% |
| Amounts receivable within one year | 40/41 | €28,200 | €7,296 | -€20,904 | -74.1% |
| Other amounts receivable | 41 | €28,200 | €7,296 | -€20,904 | -74.1% |
| Cash at bank and in hand | 54/58 | €49,318 | €91,749 | +€42,432 | +86.0% |
| Deferred charges and accrued income | 490/1 | €182 | €194 | +€12 | +6.6% |
| Total equity and liabilities | 10/49 | €350,280 | €368,447 | +€18,167 | +5.2% |
| Equity | 10/15 | €254,531 | €280,841 | +€26,311 | +10.3% |
| Contributions | 10/11 | €154,250 | €154,250 | = | 0.0% |
| Capital | 10 | €154,250 | €154,250 | = | 0.0% |
| Issued capital | 100 | €154,250 | €154,250 | = | 0.0% |
| Reserves | 13 | €100,281 | €126,591 | +€26,311 | +26.2% |
| Non-distributable reserves | 130/1 | €15,425 | €15,425 | = | 0.0% |
| Legal reserve | 130 | €15,425 | €15,425 | = | 0.0% |
| Distributable reserves | 133 | €84,856 | €111,166 | +€26,311 | +31.0% |
| Amounts payable | 17/49 | €95,750 | €87,606 | -€8,144 | -8.5% |
| Amounts payable after more than one year | 17 | €10,500 | €10,500 | = | 0.0% |
| Other amounts payable | 178/9 | €10,500 | €10,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €85,250 | €77,106 | -€8,144 | -9.6% |
| Trade debts | 44 | €10,204 | €5,422 | -€4,782 | -46.9% |
| Suppliers | 440/4 | €10,204 | €5,422 | -€4,782 | -46.9% |
| Taxes, remuneration and social security | 45 | €4,055 | €694 | -€3,361 | -82.9% |
| Taxes | 450/3 | €4,055 | €694 | -€3,361 | -82.9% |
| Other amounts payable | 47/48 | €70,991 | €70,991 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,687 | €3,373 | +€1,687 | +100% |
| Other operating charges | 640/8 | €5,003 | €5,290 | +€288 | +5.8% |
| Gross operating margin | 9900 | €35,884 | €43,682 | +€7,797 | +21.7% |
| Operating profit (loss) | 9901 | €29,195 | €35,018 | +€5,823 | +19.9% |
| Financial income | 75/76B | - | €674 | +€674 | |
| Recurring financial income | 75 | - | €674 | +€674 | |
| Financial charges | 65/66B | €370 | €355 | -€15 | -4.0% |
| Recurring financial charges | 65 | €370 | €355 | -€15 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €28,825 | €35,336 | +€6,511 | +22.6% |
| Income taxes | 67/77 | €7,361 | €9,026 | +€1,664 | +22.6% |
| Profit (loss) for the period | 9904 | €21,464 | €26,311 | +€4,847 | +22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,464 | €26,311 | +€4,847 | +22.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.