GENTRAMARK: 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.
GENTRAMARK
Largest movements
- Receivables within one year +€61,211
up €61,211 (+38.6%), from €158,706 to €219,918
of which Trade receivables: +€34,835
- Tangible fixed assets -€19,189
down €19,189 (-25.8%), from €74,233 to €55,044
- Cash -€4,934
down €4,934 (-62.6%), from €7,881 to €2,947
mainly Receivables within one year (-€61,211) and Debts after one year (-€15,026)
- Deferred charges and accrued income +€4,288
up €4,288 (+238%), from €1,798 to €6,086
- Trade debts +€46,821
up €46,821 (+126%), from €37,252 to €84,072
- Debts after one year -€15,026
down €15,026 (-33.0%), from €45,548 to €30,522
- Tax, wage and social debts -€7,964
down €7,964 (-27.5%), from €29,007 to €21,044
of which Remuneration and social security: -€6,000
- Other debts +€7,494
up €7,494 (+314%), from €2,387 to €9,881
- Accrued charges and deferred income +€4,781
new in 2025: €4,781
- Gross operating margin -€3,873
down €3,873 (-11.9%), from €32,528 to €28,655
- Financial charges +€2,751
up €2,751 (+90.7%), from €3,034 to €5,785
- Taxes -€2,113
down €2,113 (-51.6%), from €4,097 to €1,984
- Financial income -€506
down €506 (-11.2%), from €4,512 to €4,006
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 | €242,619 | €283,995 | +€41,376 | +17.1% |
| Fixed assets | 21/28 | €74,233 | €55,044 | -€19,189 | -25.8% |
| Tangible fixed assets | 22/27 | €74,233 | €55,044 | -€19,189 | -25.8% |
| Furniture and vehicles | 24 | €74,233 | €55,044 | -€19,189 | -25.8% |
| Current assets | 29/58 | €168,386 | €228,951 | +€60,565 | +36.0% |
| Amounts receivable within one year | 40/41 | €158,706 | €219,918 | +€61,211 | +38.6% |
| Trade receivables | 40 | €41,265 | €76,100 | +€34,835 | +84.4% |
| Other amounts receivable | 41 | €117,442 | €143,818 | +€26,376 | +22.5% |
| Cash at bank and in hand | 54/58 | €7,881 | €2,947 | -€4,934 | -62.6% |
| Deferred charges and accrued income | 490/1 | €1,798 | €6,086 | +€4,288 | +238% |
| Total equity and liabilities | 10/49 | €242,619 | €283,995 | +€41,376 | +17.1% |
| Equity | 10/15 | €113,984 | €118,669 | +€4,685 | +4.1% |
| Contributions | 10/11 | €38,600 | €38,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,524 | €78,209 | +€4,685 | +6.4% |
| Amounts payable | 17/49 | €128,635 | €165,326 | +€36,691 | +28.5% |
| Amounts payable after more than one year | 17 | €45,548 | €30,522 | -€15,026 | -33.0% |
| Financial debts | 170/4 | €45,548 | €30,522 | -€15,026 | -33.0% |
| Amounts payable within one year | 42/48 | €83,087 | €130,023 | +€46,936 | +56.5% |
| Current portion of amounts payable after more than one year | 42 | €14,441 | €15,026 | +€585 | +4.0% |
| Trade debts | 44 | €37,252 | €84,072 | +€46,821 | +126% |
| Suppliers | 440/4 | €37,252 | €84,072 | +€46,821 | +126% |
| Taxes, remuneration and social security | 45 | €29,007 | €21,044 | -€7,964 | -27.5% |
| Taxes | 450/3 | €4,097 | €2,133 | -€1,964 | -47.9% |
| Remuneration and social security | 454/9 | €24,911 | €18,911 | -€6,000 | -24.1% |
| Other amounts payable | 47/48 | €2,387 | €9,881 | +€7,494 | +314% |
| Accrued charges and deferred income | 492/3 | - | €4,781 | +€4,781 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,189 | €19,189 | = | 0.0% |
| Other operating charges | 640/8 | €813 | €1,018 | +€205 | +25.2% |
| Gross operating margin | 9900 | €32,528 | €28,655 | -€3,873 | -11.9% |
| Operating profit (loss) | 9901 | €12,526 | €8,448 | -€4,078 | -32.6% |
| Financial income | 75/76B | €4,512 | €4,006 | -€506 | -11.2% |
| Recurring financial income | 75 | €4,512 | €4,006 | -€506 | -11.2% |
| Financial charges | 65/66B | €3,034 | €5,785 | +€2,751 | +90.7% |
| Recurring financial charges | 65 | €3,034 | €5,785 | +€2,751 | +90.7% |
| Profit (loss) for the period before taxes | 9903 | €14,004 | €6,669 | -€7,335 | -52.4% |
| Income taxes | 67/77 | €4,097 | €1,984 | -€2,113 | -51.6% |
| Profit (loss) for the period | 9904 | €9,907 | €4,685 | -€5,222 | -52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,907 | €4,685 | -€5,222 | -52.7% |
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 13 October 2026 via checked.be.