GENOVA: what changed
GENOVA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€399,380
up €399,380 (+2.7%), from €14.6m to €15.0m
- Profit (loss) carried forward -€398,233
down €398,233 (-11.6%), from -€3.4m to -€3.8m
- Gross operating margin -€28,920
down €28,920 (-20.4%), from €141,517 to €112,597
- Financial charges +€12,729
up €12,729 (+2.6%), from €496,982 to €509,711
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,071,175 | €23,073,065 | +€1,890 | 0.0% |
| Fixed assets | 21/28 | €23,070,970 | €23,070,970 | = | 0.0% |
| Financial fixed assets | 28 | €23,070,970 | €23,070,970 | = | 0.0% |
| Current assets | 29/58 | €205 | €2,095 | +€1,890 | +923% |
| Cash at bank and in hand | 54/58 | €205 | €2,095 | +€1,890 | +923% |
| Total equity and liabilities | 10/49 | €23,071,175 | €23,073,065 | +€1,890 | 0.0% |
| Equity | 10/15 | €8,488,534 | €8,090,301 | -€398,233 | -4.7% |
| Contributions | 10/11 | €11,916,000 | €11,916,000 | = | 0.0% |
| Capital | 10 | €11,916,000 | €11,916,000 | = | 0.0% |
| Issued capital | 100 | €11,916,000 | €11,916,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,427,466 | -€3,825,699 | -€398,233 | -11.6% |
| Amounts payable | 17/49 | €14,582,641 | €14,982,764 | +€400,123 | +2.7% |
| Amounts payable within one year | 42/48 | €14,582,641 | €14,982,764 | +€400,123 | +2.7% |
| Trade debts | 44 | €3,250 | €3,993 | +€743 | +22.9% |
| Suppliers | 440/4 | €3,250 | €3,993 | +€743 | +22.9% |
| Other amounts payable | 47/48 | €14,579,391 | €14,978,771 | +€399,380 | +2.7% |
| Non-recurring operating income | 76A | €145,000 | €125,000 | -€20,000 | -13.8% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €141,517 | €112,597 | -€28,920 | -20.4% |
| Operating profit (loss) | 9901 | €140,431 | €111,478 | -€28,953 | -20.6% |
| Financial charges | 65/66B | €496,982 | €509,711 | +€12,729 | +2.6% |
| Recurring financial charges | 65 | €496,982 | €509,711 | +€12,729 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€356,550 | -€398,233 | -€41,682 | -11.7% |
| Profit (loss) for the period | 9904 | -€356,550 | -€398,233 | -€41,682 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€356,550 | -€398,233 | -€41,682 | -11.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.