GENYTEM: 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.
GENYTEM
Largest movements
- Cash +€24,787
up €24,787 (+40.5%), from €61,130 to €85,918
mainly Net result for the year (+€33,654) and Receivables within one year (+€2,445)
- Tangible fixed assets +€11,046
up €11,046 (+471.1%), from €2,345 to €13,391
of which Furniture and vehicles: +€11,508
- Receivables within one year -€2,445
down €2,445 (-45.3%), from €5,403 to €2,958
of which Trade receivables: -€3,768
- Profit (loss) carried forward +€31,988
up €31,988 (+68.8%), from €46,486 to €78,473
- Tax, wage and social debts +€1,944
up €1,944 (+14.5%), from €13,400 to €15,344
- Gross operating margin -€14,772
down €14,772 (-24.2%), from €60,929 to €46,157
- Taxes -€3,358
down €3,358 (-27.9%), from €12,036 to €8,677
- Depreciation +€926
up €926 (+165.2%), from €561 to €1,487
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 | €70,752 | €104,002 | +€33,251 | +47.0% |
| Formation expenses | 20 | €1,230 | €933 | -€297 | -24.1% |
| Fixed assets | 21/28 | €2,345 | €13,391 | +€11,046 | +471.1% |
| Tangible fixed assets | 22/27 | €2,345 | €13,391 | +€11,046 | +471.1% |
| Plant, machinery and equipment | 23 | €2,016 | €1,555 | -€461 | -22.9% |
| Furniture and vehicles | 24 | €329 | €11,836 | +€11,508 | +3500.5% |
| Current assets | 29/58 | €67,177 | €89,678 | +€22,501 | +33.5% |
| Amounts receivable within one year | 40/41 | €5,403 | €2,958 | -€2,445 | -45.3% |
| Trade receivables | 40 | €5,403 | €1,635 | -€3,768 | -69.7% |
| Other amounts receivable | 41 | - | €1,323 | +€1,323 | |
| Cash at bank and in hand | 54/58 | €61,130 | €85,918 | +€24,787 | +40.5% |
| Deferred charges and accrued income | 490/1 | €644 | €803 | +€159 | +24.6% |
| Total equity and liabilities | 10/49 | €70,752 | €104,002 | +€33,251 | +47.0% |
| Equity | 10/15 | €51,486 | €83,473 | +€31,988 | +62.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,486 | €78,473 | +€31,988 | +68.8% |
| Amounts payable | 17/49 | €19,266 | €20,529 | +€1,263 | +6.6% |
| Amounts payable within one year | 42/48 | €19,266 | €20,529 | +€1,263 | +6.6% |
| Trade debts | 44 | - | €97 | +€97 | |
| Suppliers | 440/4 | - | €97 | +€97 | |
| Taxes, remuneration and social security | 45 | €13,400 | €15,344 | +€1,944 | +14.5% |
| Taxes | 450/3 | €13,400 | €15,344 | +€1,944 | +14.5% |
| Other amounts payable | 47/48 | €5,866 | €5,088 | -€778 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €561 | €1,487 | +€926 | +165.2% |
| Other operating charges | 640/8 | €100 | €0 | -€100 | -100.0% |
| Gross operating margin | 9900 | €60,929 | €46,157 | -€14,772 | -24.2% |
| Operating profit (loss) | 9901 | €60,269 | €44,670 | -€15,598 | -25.9% |
| Financial charges | 65/66B | €1,747 | €2,339 | +€592 | +33.9% |
| Recurring financial charges | 65 | €1,747 | €2,339 | +€592 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €58,521 | €42,331 | -€16,190 | -27.7% |
| Income taxes | 67/77 | €12,036 | €8,677 | -€3,358 | -27.9% |
| Profit (loss) for the period | 9904 | €46,486 | €33,654 | -€12,832 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,486 | €33,654 | -€12,832 | -27.6% |
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 3 October 2026 via checked.be.