Gentago: 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.
Gentago
Largest movements
- Cash -€38,263
down €38,263 (-45.7%), from €83,714 to €45,451
mainly Net result for the year (-€53,212) and Investment in fixed assets (net) (-€9,305)
- Tangible fixed assets -€22,959
down €22,959 (-14.8%), from €155,308 to €132,349
of which Land and buildings: -€20,873
- Receivables within one year -€5,448
down €5,448 (-38.1%), from €14,311 to €8,862
of which Other amounts receivable: -€3,989
- Profit (loss) carried forward -€53,212
down €53,212, from €389 to -€52,823
- Current portion of long-term debt -€5,231
down €5,231 (-66.3%), from €7,894 to €2,664
- Trade debts -€3,515
down €3,515 (-71.9%), from €4,889 to €1,374
- Debts after one year -€2,664
down €2,664 (-100.0%), from €2,664 to €0
- Gross operating margin -€74,111
down €74,111, from €60,931 to -€13,180
- Taxes -€3,069
down €3,069 (-87.2%), from €3,518 to €449
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 | €255,178 | €189,138 | -€66,041 | -25.9% |
| Fixed assets | 21/28 | €155,308 | €132,349 | -€22,959 | -14.8% |
| Tangible fixed assets | 22/27 | €155,308 | €132,349 | -€22,959 | -14.8% |
| Land and buildings | 22 | €140,649 | €119,776 | -€20,873 | -14.8% |
| Plant, machinery and equipment | 23 | - | €6,792 | +€6,792 | |
| Furniture and vehicles | 24 | €14,659 | €5,780 | -€8,878 | -60.6% |
| Current assets | 29/58 | €99,871 | €56,789 | -€43,082 | -43.1% |
| Amounts receivable within one year | 40/41 | €14,311 | €8,862 | -€5,448 | -38.1% |
| Trade receivables | 40 | €10,321 | €8,862 | -€1,459 | -14.1% |
| Other amounts receivable | 41 | €3,989 | €0 | -€3,989 | -100.0% |
| Cash at bank and in hand | 54/58 | €83,714 | €45,451 | -€38,263 | -45.7% |
| Deferred charges and accrued income | 490/1 | €1,847 | €2,476 | +€630 | +34.1% |
| Total equity and liabilities | 10/49 | €255,178 | €189,138 | -€66,041 | -25.9% |
| Equity | 10/15 | €226,849 | €173,637 | -€53,212 | -23.5% |
| Contributions | 10/11 | €168,600 | €168,600 | = | 0.0% |
| Reserves | 13 | €57,860 | €57,860 | = | 0.0% |
| Distributable reserves | 133 | €57,860 | €57,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €389 | -€52,823 | -€53,212 | |
| Amounts payable | 17/49 | €28,329 | €15,501 | -€12,829 | -45.3% |
| Amounts payable after more than one year | 17 | €2,664 | €0 | -€2,664 | -100.0% |
| Financial debts | 170/4 | €2,664 | €0 | -€2,664 | -100.0% |
| Amounts payable within one year | 42/48 | €25,665 | €15,462 | -€10,203 | -39.8% |
| Current portion of amounts payable after more than one year | 42 | €7,894 | €2,664 | -€5,231 | -66.3% |
| Financial debts | 43 | €1,072 | €115 | -€957 | -89.2% |
| Credit institutions | 430/8 | €1,072 | €115 | -€957 | -89.2% |
| Trade debts | 44 | €4,889 | €1,374 | -€3,515 | -71.9% |
| Suppliers | 440/4 | €4,889 | €1,374 | -€3,515 | -71.9% |
| Taxes, remuneration and social security | 45 | €11,810 | €10,110 | -€1,700 | -14.4% |
| Taxes | 450/3 | €10,110 | €5,010 | -€5,100 | -50.4% |
| Remuneration and social security | 454/9 | €1,700 | €5,100 | +€3,400 | +200.0% |
| Other amounts payable | 47/48 | €0 | €1,199 | +€1,199 | |
| Accrued charges and deferred income | 492/3 | - | €38 | +€38 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,834 | €32,264 | -€571 | -1.7% |
| Other operating charges | 640/8 | €6,904 | €7,126 | +€222 | +3.2% |
| Gross operating margin | 9900 | €60,931 | -€13,180 | -€74,111 | |
| Operating profit (loss) | 9901 | €21,192 | -€52,571 | -€73,763 | |
| Financial income | 75/76B | €42 | €248 | +€206 | +488.7% |
| Recurring financial income | 75 | €42 | €248 | +€206 | +488.7% |
| Financial charges | 65/66B | €530 | €441 | -€89 | -16.7% |
| Recurring financial charges | 65 | €530 | €441 | -€89 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €20,704 | -€52,764 | -€73,468 | |
| Income taxes | 67/77 | €3,518 | €449 | -€3,069 | -87.2% |
| Profit (loss) for the period | 9904 | €17,186 | -€53,212 | -€70,399 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,186 | -€53,212 | -€70,399 |
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 4 October 2026 via checked.be.