GENOTTE CHÂSSIS: 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 CHÂSSIS
Largest movements
- Receivables within one year +€76,569
up €76,569 (+196%), from €38,979 to €115,547
of which Other amounts receivable: +€72,466
- Tangible fixed assets -€51,373
down €51,373 (-49.0%), from €104,948 to €53,574
of which Furniture and vehicles: -€50,250
- Cash -€3,311
down €3,311 (-29.8%), from €11,101 to €7,790
mainly Receivables within one year (-€76,569) and Trade debts (-€38,250)
- Trade debts -€38,250
down €38,250 (-81.8%), from €46,749 to €8,499
- Debts after one year +€37,916
new in 2025: €37,916
- Tax, wage and social debts -€16,188
down €16,188 (-88.3%), from €18,337 to €2,149
of which Taxes: -€15,188
- Other debts +€13,582
up €13,582 (+80.0%), from €16,984 to €30,566
- Current portion of long-term debt +€12,418
new in 2025: €12,418
- Gross operating margin -€21,127
down €21,127 (-35.8%), from €59,038 to €37,911
- Taxes -€9,197
no longer reported in 2025 (was €9,197)
- Financial charges +€1,782
up €1,782 (+795%), from €224 to €2,006
- Depreciation -€599
down €599 (-3.2%), from €18,532 to €17,933
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 | €158,766 | €179,389 | +€20,624 | +13.0% |
| Fixed assets | 21/28 | €105,008 | €53,634 | -€51,373 | -48.9% |
| Tangible fixed assets | 22/27 | €104,948 | €53,574 | -€51,373 | -49.0% |
| Plant, machinery and equipment | 23 | €1,977 | €854 | -€1,123 | -56.8% |
| Furniture and vehicles | 24 | €102,971 | €52,720 | -€50,250 | -48.8% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €53,758 | €125,755 | +€71,997 | +134% |
| Amounts receivable within one year | 40/41 | €38,979 | €115,547 | +€76,569 | +196% |
| Trade receivables | 40 | €36,495 | €40,599 | +€4,103 | +11.2% |
| Other amounts receivable | 41 | €2,483 | €74,949 | +€72,466 | +2,918% |
| Cash at bank and in hand | 54/58 | €11,101 | €7,790 | -€3,311 | -29.8% |
| Deferred charges and accrued income | 490/1 | €3,678 | €2,418 | -€1,261 | -34.3% |
| Total equity and liabilities | 10/49 | €158,766 | €179,389 | +€20,624 | +13.0% |
| Equity | 10/15 | €76,696 | €87,841 | +€11,146 | +14.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,696 | €82,841 | +€11,146 | +15.5% |
| Amounts payable | 17/49 | €82,070 | €91,548 | +€9,478 | +11.5% |
| Amounts payable after more than one year | 17 | - | €37,916 | +€37,916 | |
| Financial debts | 170/4 | - | €37,916 | +€37,916 | |
| Amounts payable within one year | 42/48 | €82,070 | €53,632 | -€28,438 | -34.7% |
| Current portion of amounts payable after more than one year | 42 | - | €12,418 | +€12,418 | |
| Trade debts | 44 | €46,749 | €8,499 | -€38,250 | -81.8% |
| Suppliers | 440/4 | €46,749 | €8,499 | -€38,250 | -81.8% |
| Taxes, remuneration and social security | 45 | €18,337 | €2,149 | -€16,188 | -88.3% |
| Taxes | 450/3 | €15,935 | €747 | -€15,188 | -95.3% |
| Remuneration and social security | 454/9 | €2,402 | €1,402 | -€1,000 | -41.6% |
| Other amounts payable | 47/48 | €16,984 | €30,566 | +€13,582 | +80.0% |
| Non-recurring operating income | 76A | - | €4,604 | +€4,604 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,532 | €17,933 | -€599 | -3.2% |
| Other operating charges | 640/8 | €1,662 | €1,221 | -€441 | -26.5% |
| Non-recurring operating charges | 66A | - | €5,606 | +€5,606 | |
| Gross operating margin | 9900 | €59,038 | €37,911 | -€21,127 | -35.8% |
| Operating profit (loss) | 9901 | €38,844 | €13,151 | -€25,693 | -66.1% |
| Financial charges | 65/66B | €224 | €2,006 | +€1,782 | +795% |
| Recurring financial charges | 65 | €224 | €2,006 | +€1,782 | +795% |
| Profit (loss) for the period before taxes | 9903 | €38,620 | €11,146 | -€27,474 | -71.1% |
| Income taxes | 67/77 | €9,197 | - | -€9,197 | |
| Profit (loss) for the period | 9904 | €29,423 | €11,146 | -€18,277 | -62.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,423 | €11,146 | -€18,277 | -62.1% |
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 16 October 2026 via checked.be.