Maison Genné: 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.
Maison Genné
Largest movements
- Deferred charges and accrued income -€42,725
down €42,725 (-96.1%), from €44,442 to €1,716
- Tangible fixed assets +€40,142
up €40,142 (+17.7%), from €227,191 to €267,333
of which Other tangible fixed assets: +€71,632
- Receivables within one year -€33,457
down €33,457 (-23.2%), from €143,994 to €110,536
of which Trade receivables: -€24,698
- Cash -€24,605
down €24,605 (-35.9%), from €68,494 to €43,889
mainly Investment in fixed assets (net) (-€115,864) and Debts after one year (-€99,594)
- Financial fixed assets -€17,653
down €17,653 (-70.2%), from €25,137 to €7,484
- Debts after one year -€99,594
down €99,594 (-25.7%), from €387,512 to €287,918
of which Other amounts payable: -€77,170
- Profit (loss) carried forward +€55,265
up €55,265 (+9.4%), from -€585,471 to -€530,206
- Short-term financial debts -€23,679
down €23,679 (-82.6%), from €28,651 to €4,972
- Tax, wage and social debts -€23,332
down €23,332 (-7.5%), from €311,605 to €288,273
of which Taxes: -€39,524
- Current portion of long-term debt +€7,727
up €7,727 (+8.2%), from €94,647 to €102,374
- Gross operating margin +€155,846
up €155,846 (+16.3%), from €953,368 to €1.1m
- Staff costs +€44,216
up €44,216 (+5.2%), from €845,239 to €889,455
- Write-downs -€12,136
no longer reported in 2025 (was €12,136)
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.
Derived cash bridge
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 | €563,375 | €479,682 | -€83,694 | -14.9% |
| Fixed assets | 21/28 | €274,926 | €295,832 | +€20,906 | +7.6% |
| Intangible fixed assets | 21 | €22,599 | €21,015 | -€1,584 | -7.0% |
| Tangible fixed assets | 22/27 | €227,191 | €267,333 | +€40,142 | +17.7% |
| Plant, machinery and equipment | 23 | €15,090 | €10,967 | -€4,123 | -27.3% |
| Furniture and vehicles | 24 | €80,800 | €63,425 | -€17,374 | -21.5% |
| Leasing and similar rights | 25 | €9,993 | - | -€9,993 | |
| Other tangible fixed assets | 26 | €121,308 | €192,941 | +€71,632 | +59.0% |
| Financial fixed assets | 28 | €25,137 | €7,484 | -€17,653 | -70.2% |
| Current assets | 29/58 | €288,449 | €183,850 | -€104,599 | -36.3% |
| Stocks and contracts in progress | 3 | €27,747 | €23,111 | -€4,637 | -16.7% |
| Stocks | 30/36 | €27,747 | €23,111 | -€4,637 | -16.7% |
| Amounts receivable within one year | 40/41 | €143,994 | €110,536 | -€33,457 | -23.2% |
| Trade receivables | 40 | €135,129 | €110,431 | -€24,698 | -18.3% |
| Other amounts receivable | 41 | €8,865 | €106 | -€8,759 | -98.8% |
| Current investments | 50/53 | €3,772 | €4,598 | +€826 | +21.9% |
| Cash at bank and in hand | 54/58 | €68,494 | €43,889 | -€24,605 | -35.9% |
| Deferred charges and accrued income | 490/1 | €44,442 | €1,716 | -€42,725 | -96.1% |
| Total equity and liabilities | 10/49 | €563,375 | €479,682 | -€83,694 | -14.9% |
| Equity | 10/15 | -€562,019 | -€506,754 | +€55,265 | +9.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,860 | €4,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,860 | €4,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €3,001 | €3,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€585,471 | -€530,206 | +€55,265 | +9.4% |
| Amounts payable | 17/49 | €1,125,394 | €986,435 | -€138,959 | -12.3% |
| Amounts payable after more than one year | 17 | €387,512 | €287,918 | -€99,594 | -25.7% |
| Financial debts | 170/4 | €35,290 | €12,866 | -€22,424 | -63.5% |
| Other amounts payable | 178/9 | €352,222 | €275,052 | -€77,170 | -21.9% |
| Amounts payable within one year | 42/48 | €737,882 | €698,517 | -€39,365 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €94,647 | €102,374 | +€7,727 | +8.2% |
| Financial debts | 43 | €28,651 | €4,972 | -€23,679 | -82.6% |
| Credit institutions | 430/8 | €28,651 | €4,972 | -€23,679 | -82.6% |
| Trade debts | 44 | €302,979 | €302,898 | -€81 | 0.0% |
| Suppliers | 440/4 | €302,979 | €302,898 | -€81 | 0.0% |
| Taxes, remuneration and social security | 45 | €311,605 | €288,273 | -€23,332 | -7.5% |
| Taxes | 450/3 | €78,392 | €38,867 | -€39,524 | -50.4% |
| Remuneration and social security | 454/9 | €233,214 | €249,406 | +€16,192 | +6.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €5,372 | - | -€5,372 | |
| Remuneration, social security and pensions | 62 | €845,239 | €889,455 | +€44,216 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,017 | €94,958 | +€6,941 | +7.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,136 | - | -€12,136 | |
| Other operating charges | 640/8 | €15,770 | €6,348 | -€9,422 | -59.7% |
| Non-recurring operating charges | 66A | €602 | €10,378 | +€9,776 | +1,623% |
| Gross operating margin | 9900 | €953,368 | €1,109,214 | +€155,846 | +16.3% |
| Operating profit (loss) | 9901 | -€8,397 | €108,074 | +€116,471 | |
| Financial income | 75/76B | €3,489 | €555 | -€2,934 | -84.1% |
| Recurring financial income | 75 | €3,489 | €555 | -€2,934 | -84.1% |
| Financial charges | 65/66B | €47,483 | €53,364 | +€5,881 | +12.4% |
| Recurring financial charges | 65 | €47,483 | €53,364 | +€5,881 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | -€52,392 | €55,265 | +€107,657 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€52,392 | €55,265 | +€107,657 | |
| Profit (loss) for the period to be appropriated | 9905 | -€52,392 | €55,265 | +€107,657 |
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 24 October 2026 via checked.be.