GENVALLON: 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.
GENVALLON
Largest movements
- Tangible fixed assets -€43,668
down €43,668 (-3.3%), from €1.3m to €1.3m
- Current investments +€24,069
up €24,069 (+28.2%), from €85,424 to €109,493
- Receivables within one year +€15,591
up €15,591 (+100.2%), from €15,555 to €31,145
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€9,082
up €9,082 (+30.2%), from €30,104 to €39,186
- Financial income +€920
up €920 (+59.4%), from €1,549 to €2,469
- Depreciation +€504
up €504 (+1.2%), from €43,164 to €43,668
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,442,506 | €1,436,032 | -€6,474 | -0.4% |
| Fixed assets | 21/28 | €1,315,662 | €1,271,994 | -€43,668 | -3.3% |
| Tangible fixed assets | 22/27 | €1,315,662 | €1,271,994 | -€43,668 | -3.3% |
| Land and buildings | 22 | €1,315,662 | €1,271,994 | -€43,668 | -3.3% |
| Current assets | 29/58 | €126,844 | €164,038 | +€37,195 | +29.3% |
| Amounts receivable within one year | 40/41 | €15,555 | €31,145 | +€15,591 | +100.2% |
| Other amounts receivable | 41 | €15,555 | €31,145 | +€15,591 | +100.2% |
| Current investments | 50/53 | €85,424 | €109,493 | +€24,069 | +28.2% |
| Cash at bank and in hand | 54/58 | €25,465 | €22,900 | -€2,565 | -10.1% |
| Deferred charges and accrued income | 490/1 | €400 | €500 | +€100 | +25.0% |
| Total equity and liabilities | 10/49 | €1,442,506 | €1,436,032 | -€6,474 | -0.4% |
| Equity | 10/15 | €1,340,937 | €1,337,713 | -€3,224 | -0.2% |
| Contributions | 10/11 | €745,000 | €745,000 | = | 0.0% |
| Capital | 10 | €745,000 | €745,000 | = | 0.0% |
| Issued capital | 100 | €745,000 | €745,000 | = | 0.0% |
| Reserves | 13 | €693,302 | €683,134 | -€10,167 | -1.5% |
| Non-distributable reserves | 130/1 | €74,500 | €74,500 | = | 0.0% |
| Legal reserve | 130 | €74,500 | €74,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €298,310 | €288,143 | -€10,167 | -3.4% |
| Distributable reserves | 133 | €320,492 | €320,492 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,365 | -€90,421 | +€6,944 | +7.1% |
| Provisions and deferred taxes | 16 | €99,837 | €96,448 | -€3,389 | -3.4% |
| Provisions for liabilities and charges | 160/5 | €99,837 | - | -€99,837 | |
| Pensions and similar obligations | 160 | €99,837 | - | -€99,837 | |
| Deferred taxes | 168 | - | €96,448 | +€96,448 | |
| Amounts payable | 17/49 | €1,732 | €1,871 | +€140 | +8.1% |
| Amounts payable within one year | 42/48 | €1,732 | €1,871 | +€140 | +8.1% |
| Trade debts | 44 | €1,732 | €1,871 | +€140 | +8.1% |
| Suppliers | 440/4 | €1,732 | €1,871 | +€140 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,164 | €43,668 | +€504 | +1.2% |
| Other operating charges | 640/8 | €4,320 | €4,441 | +€121 | +2.8% |
| Gross operating margin | 9900 | €30,104 | €39,186 | +€9,082 | +30.2% |
| Operating profit (loss) | 9901 | -€17,380 | -€8,923 | +€8,456 | +48.7% |
| Financial income | 75/76B | €1,549 | €2,469 | +€920 | +59.4% |
| Recurring financial income | 75 | €1,549 | €2,469 | +€920 | +59.4% |
| Financial charges | 65/66B | €152 | €158 | +€6 | +4.3% |
| Recurring financial charges | 65 | €152 | €158 | +€6 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€15,983 | -€6,613 | +€9,370 | +58.6% |
| Transfer from deferred taxes | 780 | €3,389 | €3,389 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€12,594 | -€3,224 | +€9,370 | +74.4% |
| Transfer from tax-exempt reserves | 789 | €10,167 | €10,167 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,427 | €6,944 | +€9,370 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.