GenM OG Genk: 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.
GenM OG Genk
Largest movements
- Receivables within one year +€59,114
up €59,114, from €0 to €59,114
- Reserves +€145,382
up €145,382 (+13.4%), from €1.1m to €1.2m
of which Distributable reserves: +€145,382
- Debts after one year -€115,721
down €115,721 (-15.0%), from €771,874 to €656,153
- Gross operating margin +€12,534
up €12,534 (+5.0%), from €249,002 to €261,536
- Taxes +€4,263
up €4,263 (+8.8%), from €48,659 to €52,923
- Other operating charges -€4,129
down €4,129 (-19.9%), from €20,740 to €16,610
- Financial charges -€3,522
down €3,522 (-7.0%), from €50,143 to €46,621
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 | €3,268,459 | €3,341,678 | +€73,219 | +2.2% |
| Fixed assets | 21/28 | €3,256,088 | €3,256,088 | = | 0.0% |
| Tangible fixed assets | 22/27 | €142,308 | €142,308 | = | 0.0% |
| Land and buildings | 22 | €142,308 | €142,308 | = | 0.0% |
| Financial fixed assets | 28 | €3,113,780 | €3,113,780 | = | 0.0% |
| Current assets | 29/58 | €12,371 | €85,590 | +€73,219 | +592% |
| Amounts receivable within one year | 40/41 | €0 | €59,114 | +€59,114 | |
| Trade receivables | 40 | €0 | €59,114 | +€59,114 | |
| Cash at bank and in hand | 54/58 | €12,371 | €26,476 | +€14,106 | +114% |
| Total equity and liabilities | 10/49 | €3,268,459 | €3,341,678 | +€73,219 | +2.2% |
| Equity | 10/15 | €1,579,809 | €1,725,191 | +€145,382 | +9.2% |
| Contributions | 10/11 | €496,500 | €496,500 | = | 0.0% |
| Capital | 10 | €496,500 | €496,500 | = | 0.0% |
| Issued capital | 100 | €496,500 | €496,500 | = | 0.0% |
| Reserves | 13 | €1,083,309 | €1,228,691 | +€145,382 | +13.4% |
| Non-distributable reserves | 130/1 | €49,650 | €49,650 | = | 0.0% |
| Legal reserve | 130 | €49,650 | €49,650 | = | 0.0% |
| Distributable reserves | 133 | €1,033,659 | €1,179,041 | +€145,382 | +14.1% |
| Amounts payable | 17/49 | €1,688,650 | €1,616,487 | -€72,163 | -4.3% |
| Amounts payable after more than one year | 17 | €771,874 | €656,153 | -€115,721 | -15.0% |
| Financial debts | 170/4 | €771,874 | €656,153 | -€115,721 | -15.0% |
| Amounts payable within one year | 42/48 | €910,327 | €954,068 | +€43,742 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €112,315 | €115,721 | +€3,406 | +3.0% |
| Trade debts | 44 | €3,993 | €0 | -€3,993 | -100% |
| Suppliers | 440/4 | €3,993 | €0 | -€3,993 | -100% |
| Taxes, remuneration and social security | 45 | €90,138 | €101,460 | +€11,322 | +12.6% |
| Taxes | 450/3 | €90,138 | €101,460 | +€11,322 | +12.6% |
| Other amounts payable | 47/48 | €703,881 | €736,888 | +€33,007 | +4.7% |
| Accrued charges and deferred income | 492/3 | €6,449 | €6,265 | -€184 | -2.9% |
| Other operating charges | 640/8 | €20,740 | €16,610 | -€4,129 | -19.9% |
| Gross operating margin | 9900 | €249,002 | €261,536 | +€12,534 | +5.0% |
| Operating profit (loss) | 9901 | €228,262 | €244,926 | +€16,663 | +7.3% |
| Financial charges | 65/66B | €50,143 | €46,621 | -€3,522 | -7.0% |
| Recurring financial charges | 65 | €50,143 | €46,621 | -€3,522 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €178,119 | €198,305 | +€20,185 | +11.3% |
| Income taxes | 67/77 | €48,659 | €52,923 | +€4,263 | +8.8% |
| Profit (loss) for the period | 9904 | €129,460 | €145,382 | +€15,922 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €129,460 | €145,382 | +€15,922 | +12.3% |
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 29 October 2026 via checked.be.