GENTRI: 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.
GENTRI
Largest movements
- Stocks and contracts +€318,000
new in 2025: €318,000
- Tangible fixed assets +€208,470
up €208,470 (+5.2%), from €4.0m to €4.2m
of which Land and buildings: +€206,642
- Current portion of long-term debt +€210,994
up €210,994 (+128.9%), from €163,664 to €374,659
- Other debts +€103,573
up €103,573 (+140.0%), from €74,005 to €177,578
- Profit (loss) carried forward +€98,604
up €98,604 (+17.2%), from €574,540 to €673,144
- Debts after one year +€96,795
up €96,795 (+4.2%), from €2.3m to €2.4m
- Trade debts +€49,797
up €49,797 (+117.7%), from €42,317 to €92,114
- Gross operating margin -€312,064
down €312,064 (-44.3%), from €705,180 to €393,116
- Other operating charges +€41,225
up €41,225 (+276.0%), from €14,939 to €56,164
- Financial charges -€36,680
down €36,680 (-46.7%), from €78,512 to €41,832
- Taxes +€33,269
up €33,269 (+51.0%), from €65,186 to €98,455
- Depreciation +€11,874
up €11,874 (+10.4%), from €113,763 to €125,637
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 | €4,083,989 | €4,594,377 | +€510,387 | +12.5% |
| Fixed assets | 21/28 | €3,986,276 | €4,208,997 | +€222,720 | +5.6% |
| Tangible fixed assets | 22/27 | €3,986,276 | €4,194,747 | +€208,470 | +5.2% |
| Land and buildings | 22 | €3,986,171 | €4,192,813 | +€206,642 | +5.2% |
| Plant, machinery and equipment | 23 | - | €1,934 | +€1,934 | |
| Furniture and vehicles | 24 | €105 | - | -€105 | |
| Financial fixed assets | 28 | - | €14,250 | +€14,250 | |
| Current assets | 29/58 | €97,713 | €385,380 | +€287,667 | +294.4% |
| Stocks and contracts in progress | 3 | - | €318,000 | +€318,000 | |
| Stocks | 30/36 | - | €318,000 | +€318,000 | |
| Amounts receivable within one year | 40/41 | €45,000 | €52,744 | +€7,744 | +17.2% |
| Trade receivables | 40 | €25,000 | €21,000 | -€4,000 | -16.0% |
| Other amounts receivable | 41 | €20,000 | €31,744 | +€11,744 | +58.7% |
| Cash at bank and in hand | 54/58 | €51,472 | €12,342 | -€39,130 | -76.0% |
| Deferred charges and accrued income | 490/1 | €1,241 | €2,294 | +€1,054 | +84.9% |
| Total equity and liabilities | 10/49 | €4,083,989 | €4,594,377 | +€510,387 | +12.5% |
| Equity | 10/15 | €1,242,443 | €1,320,362 | +€77,918 | +6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €14,012 | €14,012 | = | 0.0% |
| Reserves | 13 | €635,291 | €614,606 | -€20,685 | -3.3% |
| Tax-exempt reserves | 132 | €575,120 | €554,434 | -€20,685 | -3.6% |
| Distributable reserves | 133 | €60,172 | €60,172 | = | 0.0% |
| Profit (loss) carried forward | 14 | €574,540 | €673,144 | +€98,604 | +17.2% |
| Provisions and deferred taxes | 16 | €191,685 | €184,797 | -€6,888 | -3.6% |
| Deferred taxes | 168 | €191,685 | €184,797 | -€6,888 | -3.6% |
| Amounts payable | 17/49 | €2,649,861 | €3,089,218 | +€439,357 | +16.6% |
| Amounts payable after more than one year | 17 | €2,315,458 | €2,412,252 | +€96,795 | +4.2% |
| Financial debts | 170/4 | €2,315,458 | €2,412,252 | +€96,795 | +4.2% |
| Amounts payable within one year | 42/48 | €334,404 | €676,966 | +€342,562 | +102.4% |
| Current portion of amounts payable after more than one year | 42 | €163,664 | €374,659 | +€210,994 | +128.9% |
| Trade debts | 44 | €42,317 | €92,114 | +€49,797 | +117.7% |
| Suppliers | 440/4 | €42,317 | €92,114 | +€49,797 | +117.7% |
| Taxes, remuneration and social security | 45 | €54,418 | €32,615 | -€21,803 | -40.1% |
| Taxes | 450/3 | €54,418 | €32,615 | -€21,803 | -40.1% |
| Other amounts payable | 47/48 | €74,005 | €177,578 | +€103,573 | +140.0% |
| Non-recurring operating income | 76A | €474,425 | - | -€474,425 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,763 | €125,637 | +€11,874 | +10.4% |
| Other operating charges | 640/8 | €14,939 | €56,164 | +€41,225 | +276.0% |
| Non-recurring operating charges | 66A | €41,393 | - | -€41,393 | |
| Gross operating margin | 9900 | €705,180 | €393,116 | -€312,064 | -44.3% |
| Operating profit (loss) | 9901 | €535,085 | €211,315 | -€323,770 | -60.5% |
| Financial income | 75/76B | €16 | €3 | -€13 | -82.0% |
| Recurring financial income | 75 | €16 | €3 | -€13 | -82.0% |
| Financial charges | 65/66B | €78,512 | €41,832 | -€36,680 | -46.7% |
| Recurring financial charges | 65 | €78,512 | €41,832 | -€36,680 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | €456,590 | €169,486 | -€287,104 | -62.9% |
| Transfer from deferred taxes | 780 | €6,579 | €6,888 | +€309 | +4.7% |
| Income taxes | 67/77 | €65,186 | €98,455 | +€33,269 | +51.0% |
| Profit (loss) for the period | 9904 | €397,983 | €77,918 | -€320,064 | -80.4% |
| Transfer from tax-exempt reserves | 789 | €19,758 | €20,685 | +€927 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €417,741 | €98,604 | -€319,137 | -76.4% |
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 7 October 2026 via checked.be.