GENTEX: 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.
GENTEX
Largest movements
- Receivables within one year -€11,668
no longer reported in 2025 (was €11,668)
- Tangible fixed assets +€4,540
up €4,540 (+765%), from €593 to €5,133
- Cash +€1,297
up €1,297 (+44.1%), from €2,938 to €4,235
mainly Receivables within one year (+€11,668) and Depreciation (+€460)
- Deferred charges and accrued income +€202
new in 2025: €202
- Profit (loss) carried forward -€3,168
down €3,168, from €2,017 to -€1,151
- Other debts -€2,800
no longer reported in 2025 (was €2,800)
- Tax, wage and social debts +€339
new in 2025: €339
- Turnover -€29,325
down €29,325 (-29.1%), from €100,800 to €71,475
- Purchases and services -€22,110
down €22,110 (-22.8%), from €97,054 to €74,944
- Gross operating margin -€5,148
down €5,148, from €3,746 to -€1,403
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 | €15,233 | €9,604 | -€5,629 | -37.0% |
| Fixed assets | 21/28 | €627 | €5,167 | +€4,540 | +724% |
| Tangible fixed assets | 22/27 | €593 | €5,133 | +€4,540 | +765% |
| Furniture and vehicles | 24 | €593 | €5,133 | +€4,540 | +765% |
| Financial fixed assets | 28 | €34 | €34 | = | 0.0% |
| Current assets | 29/58 | €14,606 | €4,437 | -€10,169 | -69.6% |
| Amounts receivable within one year | 40/41 | €11,668 | - | -€11,668 | |
| Other amounts receivable | 41 | €11,668 | - | -€11,668 | |
| Cash at bank and in hand | 54/58 | €2,938 | €4,235 | +€1,297 | +44.1% |
| Deferred charges and accrued income | 490/1 | - | €202 | +€202 | |
| Total equity and liabilities | 10/49 | €15,233 | €9,604 | -€5,629 | -37.0% |
| Equity | 10/15 | €12,433 | €9,265 | -€3,168 | -25.5% |
| Contributions | 10/11 | €10,416 | €10,416 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,017 | -€1,151 | -€3,168 | |
| Amounts payable | 17/49 | €2,800 | €339 | -€2,461 | -87.9% |
| Amounts payable within one year | 42/48 | €2,800 | €339 | -€2,461 | -87.9% |
| Taxes, remuneration and social security | 45 | - | €339 | +€339 | |
| Taxes | 450/3 | - | €339 | +€339 | |
| Other amounts payable | 47/48 | €2,800 | - | -€2,800 | |
| Turnover | 70 | €100,800 | €71,475 | -€29,325 | -29.1% |
| Non-recurring operating income | 76A | - | €2,066 | +€2,066 | |
| Goods, raw materials, services and sundry goods | 60/61 | €97,054 | €74,944 | -€22,110 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €252 | €460 | +€208 | +82.7% |
| Non-recurring operating charges | 66A | €815 | €35 | -€780 | -95.7% |
| Gross operating margin | 9900 | €3,746 | -€1,403 | -€5,148 | |
| Operating profit (loss) | 9901 | €2,678 | -€1,898 | -€4,576 | |
| Financial charges | 65/66B | €253 | - | -€253 | |
| Recurring financial charges | 65 | €253 | - | -€253 | |
| Profit (loss) for the period before taxes | 9903 | €2,426 | -€1,898 | -€4,323 | |
| Transfer to deferred taxes | 680 | €657 | €1,270 | +€613 | +93.4% |
| Profit (loss) for the period | 9904 | €1,769 | -€3,168 | -€4,937 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,769 | -€3,168 | -€4,937 |
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 20 October 2026 via checked.be.