GENVA: 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.
GENVA
Largest movements
- Receivables within one year +€311,454
up €311,454 (+236.2%), from €131,861 to €443,315
of which Trade receivables: +€308,726
- Cash -€58,255
down €58,255 (-13.6%), from €428,278 to €370,024
mainly Receivables within one year (-€311,454)
- Profit (loss) carried forward +€90,272
up €90,272 (+146.6%), from €61,574 to €151,846
- Trade debts +€84,337
up €84,337 (+34.1%), from €247,395 to €331,732
- Tax, wage and social debts +€44,206
up €44,206 (+150.0%), from €29,470 to €73,676
of which Remuneration and social security: +€32,250
- Accrued charges and deferred income +€23,733
up €23,733 (+245.4%), from €9,671 to €33,404
- Gross operating margin +€230,960
up €230,960 (+132.8%), from €173,864 to €404,824
- Staff costs +€75,152
up €75,152 (+43.4%), from €172,961 to €248,113
- Taxes +€42,856
up €42,856, from -€6,511 to €36,345
- Financial charges -€7,349
down €7,349 (-86.4%), from €8,506 to €1,158
- Other operating charges +€4,664
up €4,664 (+21.5%), from €21,654 to €26,318
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 | €575,822 | €824,671 | +€248,849 | +43.2% |
| Fixed assets | 21/28 | €10,431 | €6,366 | -€4,065 | -39.0% |
| Tangible fixed assets | 22/27 | €10,431 | €6,366 | -€4,065 | -39.0% |
| Furniture and vehicles | 24 | €10,431 | €6,366 | -€4,065 | -39.0% |
| Current assets | 29/58 | €565,391 | €818,305 | +€252,914 | +44.7% |
| Stocks and contracts in progress | 3 | €5,252 | €4,966 | -€286 | -5.4% |
| Stocks | 30/36 | €5,252 | €4,966 | -€286 | -5.4% |
| Amounts receivable within one year | 40/41 | €131,861 | €443,315 | +€311,454 | +236.2% |
| Trade receivables | 40 | €109,590 | €418,317 | +€308,726 | +281.7% |
| Other amounts receivable | 41 | €22,270 | €24,998 | +€2,728 | +12.2% |
| Cash at bank and in hand | 54/58 | €428,278 | €370,024 | -€58,255 | -13.6% |
| Total equity and liabilities | 10/49 | €575,822 | €824,671 | +€248,849 | +43.2% |
| Equity | 10/15 | €135,298 | €225,570 | +€90,272 | +66.7% |
| Contributions | 10/11 | €18,840 | €18,840 | = | 0.0% |
| Reserves | 13 | €54,884 | €54,884 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,884 | €1,884 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,884 | €1,884 | = | 0.0% |
| Distributable reserves | 133 | €53,000 | €53,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,574 | €151,846 | +€90,272 | +146.6% |
| Provisions and deferred taxes | 16 | €57,399 | €57,399 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €57,399 | €57,399 | = | 0.0% |
| Other liabilities and charges | 164/5 | €57,399 | €57,399 | = | 0.0% |
| Amounts payable | 17/49 | €383,126 | €541,702 | +€158,576 | +41.4% |
| Amounts payable after more than one year | 17 | €16,381 | €16,381 | = | 0.0% |
| Other amounts payable | 178/9 | €16,381 | €16,381 | = | 0.0% |
| Amounts payable within one year | 42/48 | €357,074 | €491,918 | +€134,843 | +37.8% |
| Current portion of amounts payable after more than one year | 42 | €7,600 | €7,600 | = | 0.0% |
| Trade debts | 44 | €247,395 | €331,732 | +€84,337 | +34.1% |
| Suppliers | 440/4 | €247,395 | €331,732 | +€84,337 | +34.1% |
| Taxes, remuneration and social security | 45 | €29,470 | €73,676 | +€44,206 | +150.0% |
| Taxes | 450/3 | €1,987 | €13,943 | +€11,957 | +601.9% |
| Remuneration and social security | 454/9 | €27,483 | €59,733 | +€32,250 | +117.3% |
| Other amounts payable | 47/48 | €72,610 | €78,910 | +€6,300 | +8.7% |
| Accrued charges and deferred income | 492/3 | €9,671 | €33,404 | +€23,733 | +245.4% |
| Remuneration, social security and pensions | 62 | €172,961 | €248,113 | +€75,152 | +43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,643 | €4,065 | +€422 | +11.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,322 | -€1,322 | |
| Other operating charges | 640/8 | €21,654 | €26,318 | +€4,664 | +21.5% |
| Gross operating margin | 9900 | €173,864 | €404,824 | +€230,960 | +132.8% |
| Operating profit (loss) | 9901 | -€24,395 | €127,650 | +€152,044 | |
| Financial income | 75/76B | €248 | €125 | -€123 | -49.7% |
| Recurring financial income | 75 | €248 | €125 | -€123 | -49.7% |
| Financial charges | 65/66B | €8,506 | €1,158 | -€7,349 | -86.4% |
| Recurring financial charges | 65 | €8,506 | €1,158 | -€7,349 | -86.4% |
| Profit (loss) for the period before taxes | 9903 | -€32,653 | €126,617 | +€159,270 | |
| Income taxes | 67/77 | -€6,511 | €36,345 | +€42,856 | |
| Profit (loss) for the period | 9904 | -€26,142 | €90,272 | +€116,414 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,142 | €90,272 | +€116,414 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.