GENYZ: 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.
GENYZ
Largest movements
- Receivables within one year -€336,993
down €336,993 (-26.6%), from €1.3m to €931,814
- Cash -€105,646
down €105,646 (-53.8%), from €196,306 to €90,659
mainly Net result for the year (-€633,524) and Trade debts (-€309,667)
- Profit (loss) carried forward -€633,524
down €633,524 (-194.3%), from -€325,985 to -€959,509
- Tax, wage and social debts +€476,998
up €476,998 (+282.4%), from €168,933 to €645,931
of which Taxes: +€297,780
- Trade debts -€309,667
down €309,667 (-37.9%), from €817,443 to €507,776
- Gross operating margin -€1.0m
down €1.0m (-22.3%), from €4.6m to €3.6m
- Staff costs -€391,438
down €391,438 (-9.2%), from €4.3m to €3.9m
- Taxes +€117,293
new in 2025: €117,293
- Other operating charges -€65,851
down €65,851 (-62.7%), from €105,004 to €39,153
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 | €1,599,269 | €1,140,884 | -€458,385 | -28.7% |
| Fixed assets | 21/28 | €104,938 | €92,028 | -€12,910 | -12.3% |
| Tangible fixed assets | 22/27 | €104,938 | €92,028 | -€12,910 | -12.3% |
| Plant, machinery and equipment | 23 | €649 | €2,700 | +€2,050 | +315.8% |
| Furniture and vehicles | 24 | €6,108 | €5,981 | -€127 | -2.1% |
| Other tangible fixed assets | 26 | €98,181 | €83,347 | -€14,834 | -15.1% |
| Current assets | 29/58 | €1,494,331 | €1,048,856 | -€445,475 | -29.8% |
| Amounts receivable within one year | 40/41 | €1,268,808 | €931,814 | -€336,993 | -26.6% |
| Trade receivables | 40 | €1,268,808 | €931,814 | -€336,993 | -26.6% |
| Cash at bank and in hand | 54/58 | €196,306 | €90,659 | -€105,646 | -53.8% |
| Deferred charges and accrued income | 490/1 | €29,218 | €26,383 | -€2,835 | -9.7% |
| Total equity and liabilities | 10/49 | €1,599,269 | €1,140,884 | -€458,385 | -28.7% |
| Equity | 10/15 | €320,015 | -€313,509 | -€633,524 | |
| Contributions | 10/11 | €646,000 | €646,000 | = | 0.0% |
| Capital | 10 | €646,000 | €646,000 | = | 0.0% |
| Issued capital | 100 | €646,000 | €646,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€325,985 | -€959,509 | -€633,524 | -194.3% |
| Amounts payable | 17/49 | €1,279,254 | €1,454,393 | +€175,139 | +13.7% |
| Amounts payable within one year | 42/48 | €1,279,254 | €1,454,393 | +€175,139 | +13.7% |
| Trade debts | 44 | €817,443 | €507,776 | -€309,667 | -37.9% |
| Suppliers | 440/4 | €817,443 | €507,776 | -€309,667 | -37.9% |
| Taxes, remuneration and social security | 45 | €168,933 | €645,931 | +€476,998 | +282.4% |
| Taxes | 450/3 | €100,218 | €397,998 | +€297,780 | +297.1% |
| Remuneration and social security | 454/9 | €68,715 | €247,933 | +€179,217 | +260.8% |
| Other amounts payable | 47/48 | €292,878 | €300,686 | +€7,808 | +2.7% |
| Remuneration, social security and pensions | 62 | €4,254,315 | €3,862,876 | -€391,438 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,867 | €18,077 | +€2,210 | +13.9% |
| Other operating charges | 640/8 | €105,004 | €39,153 | -€65,851 | -62.7% |
| Gross operating margin | 9900 | €4,583,052 | €3,563,045 | -€1.0m | -22.3% |
| Operating profit (loss) | 9901 | €207,867 | -€357,060 | -€564,927 | |
| Financial income | 75/76B | €48 | €735 | +€687 | +1440.4% |
| Recurring financial income | 75 | €48 | €735 | +€687 | +1440.4% |
| Financial charges | 65/66B | €196,647 | €159,905 | -€36,742 | -18.7% |
| Recurring financial charges | 65 | €196,647 | €159,905 | -€36,742 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €11,268 | -€516,230 | -€527,498 | |
| Income taxes | 67/77 | - | €117,293 | +€117,293 | |
| Profit (loss) for the period | 9904 | €11,268 | -€633,524 | -€644,791 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,268 | -€633,524 | -€644,791 |
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 8 October 2026 via checked.be.