GENPARCO: 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.
GENPARCO
Largest movements
- Financial fixed assets +€1.2m
new in 2025: €1.2m
- Receivables within one year -€1.2m
down €1.2m (-92.6%), from €1.3m to €93,192
of which Other amounts receivable: -€1.2m
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€9,357
down €9,357 (-51.7%), from €18,114 to €8,757
- Taxes +€2,447
up €2,447, from -€2,253 to €194
- Depreciation -€654
down €654 (-3.3%), from €19,886 to €19,232
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 | €2,325,938 | €2,344,912 | +€18,974 | +0.8% |
| Fixed assets | 21/28 | €19,232 | €1,200,000 | +€1.2m | +6,140% |
| Tangible fixed assets | 22/27 | €19,232 | - | -€19,232 | |
| Furniture and vehicles | 24 | €19,232 | - | -€19,232 | |
| Financial fixed assets | 28 | - | €1,200,000 | +€1.2m | |
| Current assets | 29/58 | €2,306,706 | €1,144,912 | -€1.2m | -50.4% |
| Amounts receivable within one year | 40/41 | €1,252,833 | €93,192 | -€1.2m | -92.6% |
| Trade receivables | 40 | €45,375 | €90,750 | +€45,375 | +100% |
| Other amounts receivable | 41 | €1,207,458 | €2,442 | -€1.2m | -99.8% |
| Current investments | 50/53 | €506,029 | €506,029 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €546,745 | €545,691 | -€1,054 | -0.2% |
| Deferred charges and accrued income | 490/1 | €1,099 | - | -€1,099 | |
| Total equity and liabilities | 10/49 | €2,325,938 | €2,344,912 | +€18,974 | +0.8% |
| Equity | 10/15 | €2,296,523 | €2,314,025 | +€17,502 | +0.8% |
| Contributions | 10/11 | €2,500,000 | €2,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€203,477 | -€185,975 | +€17,502 | +8.6% |
| Amounts payable | 17/49 | €29,415 | €30,887 | +€1,472 | +5.0% |
| Amounts payable within one year | 42/48 | €29,415 | €30,735 | +€1,320 | +4.5% |
| Trade debts | 44 | €51 | €327 | +€276 | +541% |
| Suppliers | 440/4 | €51 | €327 | +€276 | +541% |
| Taxes, remuneration and social security | 45 | €7,600 | €7,745 | +€145 | +1.9% |
| Taxes | 450/3 | €7,600 | €7,745 | +€145 | +1.9% |
| Other amounts payable | 47/48 | €21,764 | €22,663 | +€899 | +4.1% |
| Accrued charges and deferred income | 492/3 | - | €152 | +€152 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,886 | €19,232 | -€654 | -3.3% |
| Other operating charges | 640/8 | €665 | €685 | +€20 | +3.0% |
| Gross operating margin | 9900 | €29,319 | €29,063 | -€256 | -0.9% |
| Operating profit (loss) | 9901 | €8,768 | €9,146 | +€378 | +4.3% |
| Financial income | 75/76B | €18,114 | €8,757 | -€9,357 | -51.7% |
| Recurring financial income | 75 | €18,114 | €8,757 | -€9,357 | -51.7% |
| Financial charges | 65/66B | €200 | €207 | +€7 | +3.5% |
| Recurring financial charges | 65 | €200 | €207 | +€7 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €26,682 | €17,696 | -€8,986 | -33.7% |
| Income taxes | 67/77 | -€2,253 | €194 | +€2,447 | |
| Profit (loss) for the period | 9904 | €28,935 | €17,502 | -€11,433 | -39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,935 | €17,502 | -€11,433 | -39.5% |
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 26 October 2026 via checked.be.