GENVEST: 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.
GENVEST
Largest movements
- Current investments +€121,499
up €121,499 (+49.6%), from €244,848 to €366,347
- Cash -€44,388
down €44,388 (-65.3%), from €67,925 to €23,537
mainly Current investments (-€121,499) and Contributions, distributions and other (-€25,000)
- Tangible fixed assets -€4,391
down €4,391 (-25.0%), from €17,595 to €13,204
- Profit (loss) carried forward +€71,905
up €71,905 (+142%), from €50,496 to €122,401
- Financial income +€51,000
up €51,000 (+637%), from €8,010 to €59,010
- Turnover +€28,415
up €28,415 (+57.6%), from €49,308 to €77,723
- Gross operating margin +€21,688
up €21,688 (+57.6%), from €37,648 to €59,336
- Purchases and services +€6,727
up €6,727 (+57.7%), from €11,660 to €18,387
- Taxes +€2,761
up €2,761 (+27.7%), from €9,976 to €12,737
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 | €333,817 | €403,556 | +€69,739 | +20.9% |
| Fixed assets | 21/28 | €17,595 | €13,204 | -€4,391 | -25.0% |
| Tangible fixed assets | 22/27 | €17,595 | €13,204 | -€4,391 | -25.0% |
| Furniture and vehicles | 24 | €17,595 | €13,204 | -€4,391 | -25.0% |
| Current assets | 29/58 | €316,222 | €390,352 | +€74,130 | +23.4% |
| Amounts receivable within one year | 40/41 | €3,449 | €468 | -€2,981 | -86.4% |
| Trade receivables | 40 | €3,449 | €468 | -€2,981 | -86.4% |
| Current investments | 50/53 | €244,848 | €366,347 | +€121,499 | +49.6% |
| Cash at bank and in hand | 54/58 | €67,925 | €23,537 | -€44,388 | -65.3% |
| Total equity and liabilities | 10/49 | €333,817 | €403,556 | +€69,739 | +20.9% |
| Equity | 10/15 | €295,246 | €367,151 | +€71,905 | +24.4% |
| Contributions | 10/11 | €222,500 | €222,500 | = | 0.0% |
| Capital | 10 | €222,500 | €222,500 | = | 0.0% |
| Issued capital | 100 | €222,500 | €222,500 | = | 0.0% |
| Reserves | 13 | €22,250 | €22,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,250 | €22,250 | = | 0.0% |
| Legal reserve | 130 | €22,250 | €22,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,496 | €122,401 | +€71,905 | +142% |
| Amounts payable | 17/49 | €38,571 | €36,405 | -€2,166 | -5.6% |
| Amounts payable within one year | 42/48 | €38,571 | €36,405 | -€2,166 | -5.6% |
| Trade debts | 44 | €2,420 | - | -€2,420 | |
| Suppliers | 440/4 | €2,420 | - | -€2,420 | |
| Taxes, remuneration and social security | 45 | €2,501 | €2,209 | -€292 | -11.7% |
| Taxes | 450/3 | €2,501 | €2,209 | -€292 | -11.7% |
| Other amounts payable | 47/48 | €33,650 | €34,196 | +€546 | +1.6% |
| Turnover | 70 | €49,308 | €77,723 | +€28,415 | +57.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €11,660 | €18,387 | +€6,727 | +57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,623 | €6,189 | +€566 | +10.1% |
| Other operating charges | 640/8 | €561 | €595 | +€34 | +6.1% |
| Gross operating margin | 9900 | €37,648 | €59,336 | +€21,688 | +57.6% |
| Operating profit (loss) | 9901 | €31,464 | €52,552 | +€21,088 | +67.0% |
| Financial income | 75/76B | €8,010 | €59,010 | +€51,000 | +637% |
| Recurring financial income | 75 | €8,010 | €59,010 | +€51,000 | +637% |
| Financial charges | 65/66B | €90 | €1,920 | +€1,830 | +2,033% |
| Recurring financial charges | 65 | €90 | €238 | +€148 | +164% |
| Non-recurring financial charges | 66B | - | €1,682 | +€1,682 | |
| Profit (loss) for the period before taxes | 9903 | €39,384 | €109,642 | +€70,258 | +178% |
| Income taxes | 67/77 | €9,976 | €12,737 | +€2,761 | +27.7% |
| Profit (loss) for the period | 9904 | €29,408 | €96,905 | +€67,497 | +230% |
| Profit (loss) for the period to be appropriated | 9905 | €29,408 | €96,905 | +€67,497 | +230% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.