GENOTTE: 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.
GENOTTE
Largest movements
- Cash +€7,731
up €7,731 (+13.5%), from €57,150 to €64,882
mainly Depreciation (+€4,814) and Receivables after one year (+€1,939)
- Tangible fixed assets -€3,158
down €3,158 (-33.6%), from €9,400 to €6,242
of which Furniture and vehicles: -€2,923
- Receivables after one year -€1,939
down €1,939 (-11.8%), from €16,412 to €14,473
- Profit (loss) carried forward +€1,600
up €1,600 (+18.7%), from €8,545 to €10,145
- Gross operating margin -€27,069
down €27,069 (-76.4%), from €35,450 to €8,381
- Turnover -€23,375
down €23,375 (-10.7%), from €219,206 to €195,831
- Taxes -€6,454
down €6,454 (-88.7%), from €7,274 to €820
- Purchases and services +€3,694
up €3,694 (+2.0%), from €183,756 to €187,450
- Financial charges -€2,919
down €2,919 (-79.2%), from €3,687 to €768
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 | €104,640 | €107,858 | +€3,217 | +3.1% |
| Fixed assets | 21/28 | €9,400 | €6,242 | -€3,158 | -33.6% |
| Tangible fixed assets | 22/27 | €9,400 | €6,242 | -€3,158 | -33.6% |
| Plant, machinery and equipment | 23 | €522 | €288 | -€235 | -44.9% |
| Furniture and vehicles | 24 | €8,877 | €5,954 | -€2,923 | -32.9% |
| Current assets | 29/58 | €95,241 | €101,616 | +€6,375 | +6.7% |
| Amounts receivable after more than one year | 29 | €16,412 | €14,473 | -€1,939 | -11.8% |
| Other amounts receivable | 291 | €16,412 | €14,473 | -€1,939 | -11.8% |
| Amounts receivable within one year | 40/41 | €21,678 | €21,994 | +€317 | +1.5% |
| Trade receivables | 40 | €18,392 | €17,814 | -€578 | -3.1% |
| Other amounts receivable | 41 | €3,286 | €4,180 | +€894 | +27.2% |
| Cash at bank and in hand | 54/58 | €57,150 | €64,882 | +€7,731 | +13.5% |
| Deferred charges and accrued income | 490/1 | - | €266 | +€266 | |
| Total equity and liabilities | 10/49 | €104,640 | €107,858 | +€3,217 | +3.1% |
| Equity | 10/15 | €104,005 | €105,605 | +€1,600 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,860 | €76,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,545 | €10,145 | +€1,600 | +18.7% |
| Amounts payable | 17/49 | €635 | €2,253 | +€1,617 | +255% |
| Amounts payable within one year | 42/48 | €635 | €2,253 | +€1,617 | +255% |
| Trade debts | 44 | €635 | €1,540 | +€904 | +142% |
| Suppliers | 440/4 | €635 | €1,540 | +€904 | +142% |
| Other amounts payable | 47/48 | - | €713 | +€713 | |
| Turnover | 70 | €219,206 | €195,831 | -€23,375 | -10.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €183,756 | €187,450 | +€3,694 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,751 | €4,814 | +€1,063 | +28.3% |
| Other operating charges | 640/8 | €1,482 | €1,350 | -€132 | -8.9% |
| Gross operating margin | 9900 | €35,450 | €8,381 | -€27,069 | -76.4% |
| Operating profit (loss) | 9901 | €30,217 | €2,217 | -€28,000 | -92.7% |
| Financial income | 75/76B | €860 | €971 | +€111 | +12.9% |
| Recurring financial income | 75 | €860 | €971 | +€111 | +12.9% |
| Financial charges | 65/66B | €3,687 | €768 | -€2,919 | -79.2% |
| Recurring financial charges | 65 | €3,687 | €768 | -€2,919 | -79.2% |
| Profit (loss) for the period before taxes | 9903 | €27,391 | €2,420 | -€24,971 | -91.2% |
| Income taxes | 67/77 | €7,274 | €820 | -€6,454 | -88.7% |
| Profit (loss) for the period | 9904 | €20,117 | €1,600 | -€18,517 | -92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,117 | €1,600 | -€18,517 | -92.0% |
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 13 October 2026 via checked.be.