LA CASA GENVAL: what changed
LA CASA GENVAL
Largest movements
- Cash -€29,074
down €29,074 (-27.0%), from €107,668 to €78,594
mainly Investment in fixed assets (net) (-€71,513) and Other debts (-€49,709)
- Receivables within one year +€19,408
up €19,408 (+23.5%), from €82,463 to €101,872
of which Trade receivables: +€19,408
- Tangible fixed assets -€6,006
down €6,006 (-2.5%), from €236,446 to €230,440
of which Other tangible fixed assets: -€30,788
- Other debts -€49,709
down €49,709 (-63.3%), from €78,521 to €28,812
- Profit (loss) carried forward +€39,255
up €39,255 (+61.2%), from €64,190 to €103,444
- Debts after one year -€29,652
down €29,652 (-27.8%), from €106,685 to €77,033
- Trade debts +€29,444
up €29,444 (+134%), from €21,928 to €51,372
- Reserves -€8,069
down €8,069 (-25.0%), from €32,277 to €24,207
- Gross operating margin -€85,349
down €85,349 (-25.5%), from €334,391 to €249,041
- Staff costs +€43,146
up €43,146 (+47.3%), from €91,243 to €134,389
- Taxes -€17,327
no longer reported in 2025 (was €17,327)
- Depreciation +€15,807
up €15,807 (+25.6%), from €61,712 to €77,519
- Financial charges -€5,834
down €5,834 (-42.6%), from €13,684 to €7,850
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €449,367 | €430,284 | -€19,083 | -4.2% |
| Fixed assets | 21/28 | €236,446 | €230,440 | -€6,006 | -2.5% |
| Tangible fixed assets | 22/27 | €236,446 | €230,440 | -€6,006 | -2.5% |
| Plant, machinery and equipment | 23 | €5,634 | €3,201 | -€2,433 | -43.2% |
| Furniture and vehicles | 24 | €1,173 | €28,388 | +€27,215 | +2,319% |
| Other tangible fixed assets | 26 | €229,639 | €198,851 | -€30,788 | -13.4% |
| Current assets | 29/58 | €212,921 | €199,844 | -€13,077 | -6.1% |
| Stocks and contracts in progress | 3 | €22,790 | €19,378 | -€3,412 | -15.0% |
| Stocks | 30/36 | €22,790 | €19,378 | -€3,412 | -15.0% |
| Amounts receivable within one year | 40/41 | €82,463 | €101,872 | +€19,408 | +23.5% |
| Trade receivables | 40 | €81,790 | €101,199 | +€19,408 | +23.7% |
| Other amounts receivable | 41 | €673 | €673 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €107,668 | €78,594 | -€29,074 | -27.0% |
| Total equity and liabilities | 10/49 | €449,367 | €430,284 | -€19,083 | -4.2% |
| Equity | 10/15 | €163,466 | €194,652 | +€31,186 | +19.1% |
| Contributions | 10/11 | €67,000 | €67,000 | = | 0.0% |
| Reserves | 13 | €32,277 | €24,207 | -€8,069 | -25.0% |
| Tax-exempt reserves | 132 | €32,277 | €24,207 | -€8,069 | -25.0% |
| Profit (loss) carried forward | 14 | €64,190 | €103,444 | +€39,255 | +61.2% |
| Provisions and deferred taxes | 16 | €10,759 | €8,069 | -€2,690 | -25.0% |
| Deferred taxes | 168 | €10,759 | €8,069 | -€2,690 | -25.0% |
| Amounts payable | 17/49 | €275,142 | €227,563 | -€47,579 | -17.3% |
| Amounts payable after more than one year | 17 | €106,685 | €77,033 | -€29,652 | -27.8% |
| Financial debts | 170/4 | €106,685 | €77,033 | -€29,652 | -27.8% |
| Amounts payable within one year | 42/48 | €168,457 | €150,530 | -€17,927 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €33,239 | €33,756 | +€517 | +1.6% |
| Trade debts | 44 | €21,928 | €51,372 | +€29,444 | +134% |
| Suppliers | 440/4 | €21,928 | €51,372 | +€29,444 | +134% |
| Taxes, remuneration and social security | 45 | €34,770 | €36,590 | +€1,821 | +5.2% |
| Taxes | 450/3 | €17,585 | €12,140 | -€5,445 | -31.0% |
| Remuneration and social security | 454/9 | €17,185 | €24,450 | +€7,266 | +42.3% |
| Other amounts payable | 47/48 | €78,521 | €28,812 | -€49,709 | -63.3% |
| Remuneration, social security and pensions | 62 | €91,243 | €134,389 | +€43,146 | +47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,712 | €77,519 | +€15,807 | +25.6% |
| Other operating charges | 640/8 | €5,039 | €787 | -€4,252 | -84.4% |
| Non-recurring operating charges | 66A | €3,232 | - | -€3,232 | |
| Gross operating margin | 9900 | €334,391 | €249,041 | -€85,349 | -25.5% |
| Operating profit (loss) | 9901 | €173,164 | €36,346 | -€136,818 | -79.0% |
| Financial income | 75/76B | €343 | €0 | -€343 | -100.0% |
| Recurring financial income | 75 | €343 | €0 | -€343 | -100.0% |
| Financial charges | 65/66B | €13,684 | €7,850 | -€5,834 | -42.6% |
| Recurring financial charges | 65 | €13,684 | €7,850 | -€5,834 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €159,823 | €28,496 | -€131,327 | -82.2% |
| Transfer from deferred taxes | 780 | €2,690 | €2,690 | = | 0.0% |
| Transfer to deferred taxes | 680 | €13,449 | - | -€13,449 | |
| Income taxes | 67/77 | €17,327 | - | -€17,327 | |
| Profit (loss) for the period | 9904 | €131,737 | €31,186 | -€100,551 | -76.3% |
| Transfer from tax-exempt reserves | 789 | €8,069 | €8,069 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €40,346 | - | -€40,346 | |
| Profit (loss) for the period to be appropriated | 9905 | €99,460 | €39,255 | -€60,206 | -60.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.