GENTIJ: 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.
GENTIJ
Largest movements
- Cash -€64,866
down €64,866 (-80.7%), from €80,429 to €15,563
mainly Investment in fixed assets (net) (-€51,632) and Stocks and contracts (-€35,666)
- Stocks and contracts +€35,666
up €35,666 (+384.6%), from €9,273 to €44,939
- Receivables within one year -€17,092
down €17,092 (-66.8%), from €25,600 to €8,508
of which Other amounts receivable: -€11,763
- Current investments +€12,108
up €12,108 (+86.5%), from €14,000 to €26,108
- Tangible fixed assets +€4,427
up €4,427 (+3.3%), from €134,332 to €138,759
of which Furniture and vehicles: +€18,894
- Reserves +€15,039
up €15,039 (+16.8%), from €89,485 to €104,524
- Trade debts -€14,932
down €14,932 (-60.6%), from €24,655 to €9,723
- Debts after one year -€12,300
down €12,300 (-16.1%), from €76,201 to €63,901
- Tax, wage and social debts -€8,100
down €8,100 (-79.3%), from €10,212 to €2,112
of which Remuneration and social security: -€8,100
- Current portion of long-term debt -€4,657
down €4,657 (-15.4%), from €30,337 to €25,680
- Gross operating margin -€13,334
down €13,334 (-13.7%), from €96,976 to €83,642
- Depreciation +€9,142
up €9,142 (+24.0%), from €38,063 to €47,205
- Taxes -€7,411
down €7,411 (-44.6%), from €16,612 to €9,201
- Other operating charges +€1,200
up €1,200 (+140.5%), from €854 to €2,054
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 | €264,004 | €235,044 | -€28,960 | -11.0% |
| Fixed assets | 21/28 | €134,332 | €138,759 | +€4,427 | +3.3% |
| Tangible fixed assets | 22/27 | €134,332 | €138,759 | +€4,427 | +3.3% |
| Plant, machinery and equipment | 23 | €23,698 | €24,231 | +€533 | +2.2% |
| Furniture and vehicles | 24 | €44,773 | €63,667 | +€18,894 | +42.2% |
| Leasing and similar rights | 25 | €65,861 | €50,861 | -€15,000 | -22.8% |
| Current assets | 29/58 | €129,672 | €96,285 | -€33,387 | -25.7% |
| Stocks and contracts in progress | 3 | €9,273 | €44,939 | +€35,666 | +384.6% |
| Stocks | 30/36 | €9,273 | €44,939 | +€35,666 | +384.6% |
| Amounts receivable within one year | 40/41 | €25,600 | €8,508 | -€17,092 | -66.8% |
| Trade receivables | 40 | €6,476 | €1,147 | -€5,329 | -82.3% |
| Other amounts receivable | 41 | €19,124 | €7,361 | -€11,763 | -61.5% |
| Current investments | 50/53 | €14,000 | €26,108 | +€12,108 | +86.5% |
| Cash at bank and in hand | 54/58 | €80,429 | €15,563 | -€64,866 | -80.7% |
| Deferred charges and accrued income | 490/1 | €370 | €1,167 | +€797 | +215.4% |
| Total equity and liabilities | 10/49 | €264,004 | €235,044 | -€28,960 | -11.0% |
| Equity | 10/15 | €108,085 | €123,124 | +€15,039 | +13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,485 | €104,524 | +€15,039 | +16.8% |
| Distributable reserves | 133 | €89,485 | €104,524 | +€15,039 | +16.8% |
| Amounts payable | 17/49 | €155,919 | €111,920 | -€43,999 | -28.2% |
| Amounts payable after more than one year | 17 | €76,201 | €63,901 | -€12,300 | -16.1% |
| Financial debts | 170/4 | €76,201 | €63,901 | -€12,300 | -16.1% |
| Amounts payable within one year | 42/48 | €79,718 | €47,746 | -€31,972 | -40.1% |
| Current portion of amounts payable after more than one year | 42 | €30,337 | €25,680 | -€4,657 | -15.4% |
| Trade debts | 44 | €24,655 | €9,723 | -€14,932 | -60.6% |
| Suppliers | 440/4 | €24,655 | €9,723 | -€14,932 | -60.6% |
| Taxes, remuneration and social security | 45 | €10,212 | €2,112 | -€8,100 | -79.3% |
| Taxes | 450/3 | €2,112 | €2,112 | = | 0.0% |
| Remuneration and social security | 454/9 | €8,100 | - | -€8,100 | |
| Other amounts payable | 47/48 | €14,514 | €10,231 | -€4,283 | -29.5% |
| Accrued charges and deferred income | 492/3 | - | €273 | +€273 | |
| Non-recurring operating income | 76A | - | €22,826 | +€22,826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,063 | €47,205 | +€9,142 | +24.0% |
| Other operating charges | 640/8 | €854 | €2,054 | +€1,200 | +140.5% |
| Gross operating margin | 9900 | €96,976 | €83,642 | -€13,334 | -13.7% |
| Operating profit (loss) | 9901 | €58,059 | €34,383 | -€23,676 | -40.8% |
| Financial income | 75/76B | - | €107 | +€107 | |
| Recurring financial income | 75 | - | €107 | +€107 | |
| Financial charges | 65/66B | €4,500 | €4,890 | +€390 | +8.7% |
| Recurring financial charges | 65 | €4,500 | €4,890 | +€390 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €53,559 | €29,600 | -€23,959 | -44.7% |
| Income taxes | 67/77 | €16,612 | €9,201 | -€7,411 | -44.6% |
| Profit (loss) for the period | 9904 | €36,947 | €20,399 | -€16,548 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,947 | €20,399 | -€16,548 | -44.8% |
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 9 October 2026 via checked.be.