LES GENETTES: 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.
LES GENETTES
Largest movements
- Cash -€102,265
down €102,265 (-62.3%), from €164,142 to €61,877
mainly Investment in fixed assets (net) (-€97,041) and Net result for the year (-€18,851)
- Tangible fixed assets +€78,755
up €78,755 (+19.4%), from €405,485 to €484,239
- Profit (loss) carried forward -€14,096
down €14,096 (-14.3%), from -€98,705 to -€112,802
- Turnover -€236,174
down €236,174 (-95.7%), from €246,898 to €10,725
- Gross operating margin -€220,735
down €220,735, from €219,410 to -€1,325
- Purchases and services -€15,439
down €15,439 (-56.2%), from €27,489 to €12,050
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 | €570,988 | €547,605 | -€23,384 | -4.1% |
| Fixed assets | 21/28 | €405,485 | €484,239 | +€78,755 | +19.4% |
| Tangible fixed assets | 22/27 | €405,485 | €484,239 | +€78,755 | +19.4% |
| Land and buildings | 22 | €405,485 | €484,239 | +€78,755 | +19.4% |
| Current assets | 29/58 | €165,504 | €63,365 | -€102,138 | -61.7% |
| Cash at bank and in hand | 54/58 | €164,142 | €61,877 | -€102,265 | -62.3% |
| Deferred charges and accrued income | 490/1 | €1,362 | €1,489 | +€127 | +9.3% |
| Total equity and liabilities | 10/49 | €570,988 | €547,605 | -€23,384 | -4.1% |
| Equity | 10/15 | €179,637 | €160,786 | -€18,851 | -10.5% |
| Contributions | 10/11 | €188,000 | €188,000 | = | 0.0% |
| Reserves | 13 | €90,342 | €85,588 | -€4,755 | -5.3% |
| Tax-exempt reserves | 132 | €90,342 | €85,588 | -€4,755 | -5.3% |
| Profit (loss) carried forward | 14 | -€98,705 | -€112,802 | -€14,096 | -14.3% |
| Provisions and deferred taxes | 16 | €30,114 | €28,529 | -€1,585 | -5.3% |
| Deferred taxes | 168 | €30,114 | €28,529 | -€1,585 | -5.3% |
| Amounts payable | 17/49 | €361,237 | €358,290 | -€2,948 | -0.8% |
| Amounts payable within one year | 42/48 | €361,237 | €358,290 | -€2,948 | -0.8% |
| Other amounts payable | 47/48 | €361,237 | €358,290 | -€2,948 | -0.8% |
| Turnover | 70 | €246,898 | €10,725 | -€236,174 | -95.7% |
| Non-recurring operating income | 76A | €233,593 | - | -€233,593 | |
| Goods, raw materials, services and sundry goods | 60/61 | €27,489 | €12,050 | -€15,439 | -56.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,735 | €18,286 | -€449 | -2.4% |
| Other operating charges | 640/8 | €2,426 | €773 | -€1,653 | -68.1% |
| Gross operating margin | 9900 | €219,410 | -€1,325 | -€220,735 | |
| Operating profit (loss) | 9901 | €198,250 | -€20,384 | -€218,634 | |
| Financial charges | 65/66B | €36 | €52 | +€17 | +46.6% |
| Recurring financial charges | 65 | €36 | €52 | +€17 | +46.6% |
| Profit (loss) for the period before taxes | 9903 | €198,214 | -€20,436 | -€218,650 | |
| Transfer from deferred taxes | 780 | €1,585 | €1,585 | = | 0.0% |
| Transfer to deferred taxes | 680 | €31,699 | - | -€31,699 | |
| Profit (loss) for the period | 9904 | €168,100 | -€18,851 | -€186,951 | |
| Transfer from tax-exempt reserves | 789 | €4,755 | €4,755 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €95,097 | - | -€95,097 | |
| Profit (loss) for the period to be appropriated | 9905 | €77,757 | -€14,096 | -€91,854 |
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 12 October 2026 via checked.be.