GenR8: 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.
GenR8
Largest movements
- Receivables within one year +€19,290
up €19,290 (+1,109%), from €1,739 to €21,029
of which Trade receivables: +€21,029
- Cash -€8,347
down €8,347 (-90.2%), from €9,256 to €909
mainly Receivables within one year (-€19,290) and Investment in fixed assets (net) (-€6,319)
- Intangible fixed assets +€3,549
up €3,549 (+124%), from €2,866 to €6,416
- Profit (loss) carried forward +€13,564
up €13,564 (+19.6%), from -€69,360 to -€55,796
- Other debts +€5,872
up €5,872 (+44.5%), from €13,194 to €19,066
- Trade debts -€5,196
down €5,196 (-86.7%), from €5,994 to €798
- Gross operating margin +€19,501
up €19,501, from -€2,300 to €17,201
- Depreciation -€3,161
down €3,161 (-51.2%), from €6,178 to €3,016
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 | €14,828 | €29,068 | +€14,240 | +96.0% |
| Fixed assets | 21/28 | €3,829 | €7,131 | +€3,302 | +86.3% |
| Intangible fixed assets | 21 | €2,866 | €6,416 | +€3,549 | +124% |
| Tangible fixed assets | 22/27 | €962 | €715 | -€247 | -25.7% |
| Plant, machinery and equipment | 23 | €962 | €715 | -€247 | -25.7% |
| Current assets | 29/58 | €10,999 | €21,937 | +€10,938 | +99.4% |
| Amounts receivable within one year | 40/41 | €1,739 | €21,029 | +€19,290 | +1,109% |
| Trade receivables | 40 | - | €21,029 | +€21,029 | |
| Other amounts receivable | 41 | €1,739 | - | -€1,739 | |
| Cash at bank and in hand | 54/58 | €9,256 | €909 | -€8,347 | -90.2% |
| Deferred charges and accrued income | 490/1 | €4 | - | -€4 | |
| Total equity and liabilities | 10/49 | €14,828 | €29,068 | +€14,240 | +96.0% |
| Equity | 10/15 | -€4,360 | €9,204 | +€13,564 | |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,360 | -€55,796 | +€13,564 | +19.6% |
| Amounts payable | 17/49 | €19,188 | €19,864 | +€676 | +3.5% |
| Amounts payable within one year | 42/48 | €19,188 | €19,864 | +€676 | +3.5% |
| Trade debts | 44 | €5,994 | €798 | -€5,196 | -86.7% |
| Suppliers | 440/4 | €5,994 | €798 | -€5,196 | -86.7% |
| Other amounts payable | 47/48 | €13,194 | €19,066 | +€5,872 | +44.5% |
| Non-recurring operating income | 76A | - | €1,666 | +€1,666 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,178 | €3,016 | -€3,161 | -51.2% |
| Other operating charges | 640/8 | €675 | €573 | -€102 | -15.1% |
| Gross operating margin | 9900 | -€2,300 | €17,201 | +€19,501 | |
| Operating profit (loss) | 9901 | -€9,153 | €13,612 | +€22,765 | |
| Financial charges | 65/66B | €39 | €48 | +€9 | +22.9% |
| Recurring financial charges | 65 | €39 | €48 | +€9 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,192 | €13,564 | +€22,756 | |
| Profit (loss) for the period | 9904 | -€9,192 | €13,564 | +€22,756 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,192 | €13,564 | +€22,756 |
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 18 October 2026 via checked.be.