GENTOO: 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.
GENTOO
Largest movements
- Financial fixed assets +€4.6m
up €4.6m (+192.0%), from €2.4m to €7.0m
- Cash +€222,054
up €222,054 (+181.0%), from €122,680 to €344,734
mainly Debts after one year (+€3.1m) and Contributions, distributions and other (+€1.0m)
- Receivables within one year +€192,280
up €192,280 (+55.0%), from €349,499 to €541,780
of which Other amounts receivable: +€109,087
- Debts after one year +€3.1m
new in 2025: €3.1m
- Contributions +€1.0m
up €1.0m (+33.3%), from €3.0m to €4.0m
- Other debts +€661,247
new in 2025: €661,247
- Current portion of long-term debt +€250,000
new in 2025: €250,000
- Gross operating margin +€156,431
up €156,431, from -€146,693 to €9,738
- Financial income +€14,614
new in 2025: €14,614
- Financial charges +€12,447
up €12,447 (+5249.4%), from €237 to €12,685
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 | €2,900,045 | €7,915,597 | +€5.0m | +172.9% |
| Formation expenses | 20 | €16,161 | €12,232 | -€3,929 | -24.3% |
| Fixed assets | 21/28 | €2,411,705 | €7,016,852 | +€4.6m | +190.9% |
| Intangible fixed assets | 21 | €8,393 | €6,393 | -€2,000 | -23.8% |
| Tangible fixed assets | 22/27 | €3,237 | €2,879 | -€357 | -11.0% |
| Other tangible fixed assets | 26 | €3,237 | €2,879 | -€357 | -11.0% |
| Financial fixed assets | 28 | €2,400,075 | €7,007,579 | +€4.6m | +192.0% |
| Current assets | 29/58 | €472,180 | €886,514 | +€414,334 | +87.7% |
| Amounts receivable within one year | 40/41 | €349,499 | €541,780 | +€192,280 | +55.0% |
| Trade receivables | 40 | - | €83,194 | +€83,194 | |
| Other amounts receivable | 41 | €349,499 | €458,586 | +€109,087 | +31.2% |
| Cash at bank and in hand | 54/58 | €122,680 | €344,734 | +€222,054 | +181.0% |
| Total equity and liabilities | 10/49 | €2,900,045 | €7,915,597 | +€5.0m | +172.9% |
| Equity | 10/15 | €2,846,776 | €3,851,686 | +€1.0m | +35.3% |
| Contributions | 10/11 | €3,000,000 | €4,000,000 | +€1.0m | +33.3% |
| Profit (loss) carried forward | 14 | -€153,224 | -€148,314 | +€4,910 | +3.2% |
| Amounts payable | 17/49 | €53,269 | €4,063,911 | +€4.0m | +7529.0% |
| Amounts payable after more than one year | 17 | - | €3,117,296 | +€3.1m | |
| Financial debts | 170/4 | - | €3,117,296 | +€3.1m | |
| Amounts payable within one year | 42/48 | €53,269 | €946,615 | +€893,345 | +1677.0% |
| Current portion of amounts payable after more than one year | 42 | - | €250,000 | +€250,000 | |
| Financial debts | 43 | - | €65 | +€65 | |
| Credit institutions | 430/8 | - | €65 | +€65 | |
| Trade debts | 44 | €53,269 | €34,130 | -€19,140 | -35.9% |
| Suppliers | 440/4 | €53,269 | €34,130 | -€19,140 | -35.9% |
| Taxes, remuneration and social security | 45 | - | €1,173 | +€1,173 | |
| Taxes | 450/3 | - | €1,173 | +€1,173 | |
| Other amounts payable | 47/48 | - | €661,247 | +€661,247 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,425 | €6,286 | +€861 | +15.9% |
| Other operating charges | 640/8 | €869 | €470 | -€398 | -45.9% |
| Gross operating margin | 9900 | -€146,693 | €9,738 | +€156,431 | |
| Operating profit (loss) | 9901 | -€152,987 | €2,981 | +€155,968 | |
| Financial income | 75/76B | - | €14,614 | +€14,614 | |
| Recurring financial income | 75 | - | €14,614 | +€14,614 | |
| Financial charges | 65/66B | €237 | €12,685 | +€12,447 | +5249.4% |
| Recurring financial charges | 65 | €237 | €12,685 | +€12,447 | +5249.4% |
| Profit (loss) for the period before taxes | 9903 | -€153,224 | €4,910 | +€158,134 | |
| Profit (loss) for the period | 9904 | -€153,224 | €4,910 | +€158,134 | |
| Profit (loss) for the period to be appropriated | 9905 | -€153,224 | €4,910 | +€158,134 |
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.