GenPrac: what changed
Two fiscal 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.
GenPrac
Largest movements
- Current investments -€51,008
down €51,008 (-12.8%), from €400,000 to €348,992
- Receivables after one year -€36,670
no longer reported in 2025 (was €36,670)
- Tangible fixed assets -€24,167
down €24,167 (-27.3%), from €88,458 to €64,291
of which Furniture and vehicles: -€17,816
- Cash -€10,817
down €10,817 (-6.3%), from €171,598 to €160,781
mainly Other debts (-€343,416) and Trade debts (-€147)
- Receivables within one year -€10,774
down €10,774 (-55.6%), from €19,370 to €8,596
of which Other amounts receivable: -€9,093
- Other debts -€343,416
down €343,416 (-95.5%), from €359,653 to €16,236
- Reserves +€184,551
up €184,551 (+53.4%), from €345,472 to €530,023
- Accrued charges and deferred income +€12,000
new in 2025: €12,000
- Gross operating margin +€37,004
up €37,004 (+14.3%), from €258,167 to €295,171
- Taxes +€9,428
up €9,428 (+12.0%), from €78,706 to €88,134
- Financial income -€6,809
down €6,809 (-71.0%), from €9,593 to €2,783
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.
Cash bridge derived
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 | €729,037 | €586,008 | -€143,029 | -19.6% |
| Fixed assets | 21/28 | €88,458 | €64,291 | -€24,167 | -27.3% |
| Tangible fixed assets | 22/27 | €88,458 | €64,291 | -€24,167 | -27.3% |
| Plant, machinery and equipment | 23 | €16,440 | €10,089 | -€6,351 | -38.6% |
| Furniture and vehicles | 24 | €72,018 | €54,202 | -€17,816 | -24.7% |
| Current assets | 29/58 | €640,579 | €521,717 | -€118,862 | -18.6% |
| Amounts receivable after more than one year | 29 | €36,670 | - | -€36,670 | |
| Other amounts receivable | 291 | €36,670 | - | -€36,670 | |
| Amounts receivable within one year | 40/41 | €19,370 | €8,596 | -€10,774 | -55.6% |
| Trade receivables | 40 | €10,276 | €8,596 | -€1,680 | -16.3% |
| Other amounts receivable | 41 | €9,093 | - | -€9,093 | |
| Current investments | 50/53 | €400,000 | €348,992 | -€51,008 | -12.8% |
| Cash at bank and in hand | 54/58 | €171,598 | €160,781 | -€10,817 | -6.3% |
| Deferred charges and accrued income | 490/1 | €12,941 | €3,347 | -€9,594 | -74.1% |
| Total equity and liabilities | 10/49 | €729,037 | €586,008 | -€143,029 | -19.6% |
| Equity | 10/15 | €348,472 | €533,023 | +€184,551 | +53.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €345,472 | €530,023 | +€184,551 | +53.4% |
| Distributable reserves | 133 | €345,472 | €530,023 | +€184,551 | +53.4% |
| Amounts payable | 17/49 | €380,565 | €52,985 | -€327,580 | -86.1% |
| Amounts payable within one year | 42/48 | €380,565 | €40,985 | -€339,580 | -89.2% |
| Trade debts | 44 | €2,207 | €2,060 | -€147 | -6.7% |
| Suppliers | 440/4 | €2,207 | €2,060 | -€147 | -6.7% |
| Taxes, remuneration and social security | 45 | €18,706 | €22,689 | +€3,983 | +21.3% |
| Taxes | 450/3 | €18,706 | €22,689 | +€3,983 | +21.3% |
| Other amounts payable | 47/48 | €359,653 | €16,236 | -€343,416 | -95.5% |
| Accrued charges and deferred income | 492/3 | - | €12,000 | +€12,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,297 | €24,167 | +€870 | +3.7% |
| Other operating charges | 640/8 | €1,246 | €912 | -€334 | -26.8% |
| Gross operating margin | 9900 | €258,167 | €295,171 | +€37,004 | +14.3% |
| Operating profit (loss) | 9901 | €233,623 | €270,092 | +€36,468 | +15.6% |
| Financial income | 75/76B | €9,593 | €2,783 | -€6,809 | -71.0% |
| Recurring financial income | 75 | €9,593 | €2,783 | -€6,809 | -71.0% |
| Financial charges | 65/66B | €153 | €190 | +€37 | +24.0% |
| Recurring financial charges | 65 | €153 | €190 | +€37 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | €243,063 | €272,685 | +€29,622 | +12.2% |
| Income taxes | 67/77 | €78,706 | €88,134 | +€9,428 | +12.0% |
| Profit (loss) for the period | 9904 | €164,357 | €184,551 | +€20,194 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €164,357 | €184,551 | +€20,194 | +12.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.