GENWISE: 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.
GENWISE
Largest movements
- Cash +€113,719
up €113,719 (+303%), from €37,522 to €151,241
mainly Net result for the year (+€105,892) and Tax, wage and social debts (+€31,366)
- Receivables within one year +€19,752
up €19,752 (+69.2%), from €28,524 to €48,276
of which Trade receivables: +€19,144
- Deferred charges and accrued income +€5,263
new in 2025: €5,263
- Profit (loss) carried forward +€105,892
up €105,892 (+249%), from €42,544 to €148,436
- Tax, wage and social debts +€31,366
up €31,366 (+172%), from €18,233 to €49,598
of which Taxes: +€31,366
- Trade debts +€2,635
up €2,635 (+23.4%), from €11,257 to €13,892
- Gross operating margin +€84,055
up €84,055 (+154%), from €54,593 to €138,648
- Taxes +€18,665
up €18,665 (+162%), from €11,500 to €30,165
- Depreciation +€1,955
up €1,955 (+505%), from €387 to €2,342
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 | €72,534 | €212,660 | +€140,126 | +193% |
| Fixed assets | 21/28 | €6,489 | €7,881 | +€1,392 | +21.5% |
| Tangible fixed assets | 22/27 | €5,094 | €6,366 | +€1,272 | +25.0% |
| Furniture and vehicles | 24 | €5,094 | €6,366 | +€1,272 | +25.0% |
| Financial fixed assets | 28 | €1,395 | €1,515 | +€120 | +8.6% |
| Current assets | 29/58 | €66,045 | €204,779 | +€138,734 | +210% |
| Amounts receivable within one year | 40/41 | €28,524 | €48,276 | +€19,752 | +69.2% |
| Trade receivables | 40 | €23,600 | €42,744 | +€19,144 | +81.1% |
| Other amounts receivable | 41 | €4,924 | €5,532 | +€609 | +12.4% |
| Cash at bank and in hand | 54/58 | €37,522 | €151,241 | +€113,719 | +303% |
| Deferred charges and accrued income | 490/1 | - | €5,263 | +€5,263 | |
| Total equity and liabilities | 10/49 | €72,534 | €212,660 | +€140,126 | +193% |
| Equity | 10/15 | €43,044 | €148,936 | +€105,892 | +246% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,544 | €148,436 | +€105,892 | +249% |
| Amounts payable | 17/49 | €29,490 | €63,724 | +€34,234 | +116% |
| Amounts payable within one year | 42/48 | €29,490 | €63,490 | +€34,000 | +115% |
| Trade debts | 44 | €11,257 | €13,892 | +€2,635 | +23.4% |
| Suppliers | 440/4 | €11,257 | €13,892 | +€2,635 | +23.4% |
| Taxes, remuneration and social security | 45 | €18,233 | €49,598 | +€31,366 | +172% |
| Taxes | 450/3 | €18,217 | €49,582 | +€31,366 | +172% |
| Remuneration and social security | 454/9 | €16 | €16 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €234 | +€234 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €387 | €2,342 | +€1,955 | +505% |
| Other operating charges | 640/8 | - | €66 | +€66 | |
| Non-recurring operating charges | 66A | €125 | - | -€125 | |
| Gross operating margin | 9900 | €54,593 | €138,648 | +€84,055 | +154% |
| Operating profit (loss) | 9901 | €54,081 | €136,240 | +€82,159 | +152% |
| Financial income | 75/76B | €2 | €101 | +€99 | +4,284% |
| Recurring financial income | 75 | €2 | €101 | +€99 | +4,284% |
| Financial charges | 65/66B | €39 | €285 | +€245 | +624% |
| Recurring financial charges | 65 | €39 | €285 | +€245 | +624% |
| Profit (loss) for the period before taxes | 9903 | €54,044 | €136,057 | +€82,013 | +152% |
| Income taxes | 67/77 | €11,500 | €30,165 | +€18,665 | +162% |
| Profit (loss) for the period | 9904 | €42,544 | €105,892 | +€63,347 | +149% |
| Profit (loss) for the period to be appropriated | 9905 | €42,544 | €105,892 | +€63,347 | +149% |
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 27 October 2026 via checked.be.