GROEP GENCOM: 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.
GROEP GENCOM
Largest movements
- Receivables within one year -€304,825
down €304,825 (-63.8%), from €477,584 to €172,759
of which Other amounts receivable: -€329,903
- Tangible fixed assets -€18,780
down €18,780 (-6.7%), from €278,317 to €259,537
- Cash -€12,083
down €12,083 (-68.1%), from €17,739 to €5,656
mainly Other debts (-€300,000) and Trade debts (-€29,061)
- Other debts -€300,000
down €300,000 (-96.2%), from €312,000 to €12,000
- Trade debts -€29,061
down €29,061 (-29.5%), from €98,678 to €69,617
- Current portion of long-term debt -€12,634
down €12,634 (-100.0%), from €12,634 to €0
- Reserves +€7,887
up €7,887 (+3.6%), from €220,523 to €228,410
of which Distributable reserves: +€7,887
- Gross operating margin -€64,464
down €64,464 (-55.0%), from €117,199 to €52,735
- Taxes -€15,380
down €15,380 (-83.9%), from €18,334 to €2,954
- Other operating charges -€2,762
down €2,762 (-10.1%), from €27,366 to €24,605
- Financial income -€1,753
down €1,753 (-49.3%), from €3,558 to €1,805
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 | €778,845 | €446,433 | -€332,412 | -42.7% |
| Fixed assets | 21/28 | €278,317 | €259,537 | -€18,780 | -6.7% |
| Tangible fixed assets | 22/27 | €278,317 | €259,537 | -€18,780 | -6.7% |
| Land and buildings | 22 | €278,317 | €259,537 | -€18,780 | -6.7% |
| Current assets | 29/58 | €500,528 | €186,896 | -€313,632 | -62.7% |
| Amounts receivable within one year | 40/41 | €477,584 | €172,759 | -€304,825 | -63.8% |
| Trade receivables | 40 | €44,097 | €69,175 | +€25,078 | +56.9% |
| Other amounts receivable | 41 | €433,487 | €103,584 | -€329,903 | -76.1% |
| Cash at bank and in hand | 54/58 | €17,739 | €5,656 | -€12,083 | -68.1% |
| Deferred charges and accrued income | 490/1 | €5,205 | €8,481 | +€3,276 | +62.9% |
| Total equity and liabilities | 10/49 | €778,845 | €446,433 | -€332,412 | -42.7% |
| Equity | 10/15 | €344,470 | €352,357 | +€7,887 | +2.3% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €220,523 | €228,410 | +€7,887 | +3.6% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €208,128 | €216,016 | +€7,887 | +3.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €434,375 | €94,076 | -€340,299 | -78.3% |
| Amounts payable within one year | 42/48 | €434,375 | €94,076 | -€340,299 | -78.3% |
| Current portion of amounts payable after more than one year | 42 | €12,634 | €0 | -€12,634 | -100.0% |
| Trade debts | 44 | €98,678 | €69,617 | -€29,061 | -29.5% |
| Suppliers | 440/4 | €98,678 | €69,617 | -€29,061 | -29.5% |
| Taxes, remuneration and social security | 45 | €11,063 | €12,458 | +€1,396 | +12.6% |
| Taxes | 450/3 | €11,063 | €12,458 | +€1,396 | +12.6% |
| Other amounts payable | 47/48 | €312,000 | €12,000 | -€300,000 | -96.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,780 | €18,780 | = | 0.0% |
| Other operating charges | 640/8 | €27,366 | €24,605 | -€2,762 | -10.1% |
| Gross operating margin | 9900 | €117,199 | €52,735 | -€64,464 | -55.0% |
| Operating profit (loss) | 9901 | €71,053 | €9,351 | -€61,702 | -86.8% |
| Financial income | 75/76B | €3,558 | €1,805 | -€1,753 | -49.3% |
| Recurring financial income | 75 | €3,558 | €1,805 | -€1,753 | -49.3% |
| Financial charges | 65/66B | €1,275 | €314 | -€961 | -75.4% |
| Recurring financial charges | 65 | €1,275 | €314 | -€961 | -75.4% |
| Profit (loss) for the period before taxes | 9903 | €73,336 | €10,842 | -€62,494 | -85.2% |
| Income taxes | 67/77 | €18,334 | €2,954 | -€15,380 | -83.9% |
| Profit (loss) for the period | 9904 | €55,002 | €7,887 | -€47,115 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,002 | €7,887 | -€47,115 | -85.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.