MISTER GENIUS: 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.
MISTER GENIUS
Largest movements
- Tangible fixed assets +€163,302
up €163,302 (+77.5%), from €210,750 to €374,052
of which Other tangible fixed assets: +€162,210
- Cash -€74,067
down €74,067 (-25.2%), from €293,976 to €219,909
mainly Investment in fixed assets (net) (-€334,496) and Advances received (-€97,705)
- Intangible fixed assets +€25,994
up €25,994 (+34.8%), from €74,777 to €100,771
- Stocks and contracts +€18,742
up €18,742 (+10.8%), from €174,081 to €192,822
- Debts after one year +€210,830
up €210,830 (+191%), from €110,420 to €321,250
- Advances received -€97,705
down €97,705 (-19.1%), from €510,969 to €413,264
- Tax, wage and social debts +€95,047
up €95,047 (+67.0%), from €141,962 to €237,008
of which Remuneration and social security: +€87,419
- Accrued charges and deferred income -€63,757
down €63,757 (-86.9%), from €73,366 to €9,609
- Trade debts -€46,745
down €46,745 (-9.8%), from €476,647 to €429,902
- Gross operating margin +€191,336
up €191,336 (+17.6%), from €1.1m to €1.3m
- Financial income -€90,032
down €90,032 (-77.1%), from €116,771 to €26,739
- Staff costs +€88,834
up €88,834 (+8.7%), from €1.0m to €1.1m
- Depreciation +€27,342
up €27,342 (+26.0%), from €105,058 to €132,400
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 | €1,633,549 | €1,801,642 | +€168,093 | +10.3% |
| Fixed assets | 21/28 | €1,083,460 | €1,285,556 | +€202,096 | +18.7% |
| Intangible fixed assets | 21 | €74,777 | €100,771 | +€25,994 | +34.8% |
| Tangible fixed assets | 22/27 | €210,750 | €374,052 | +€163,302 | +77.5% |
| Plant, machinery and equipment | 23 | €5,442 | €4,230 | -€1,212 | -22.3% |
| Furniture and vehicles | 24 | €167,380 | €169,684 | +€2,303 | +1.4% |
| Other tangible fixed assets | 26 | €37,928 | €200,138 | +€162,210 | +428% |
| Financial fixed assets | 28 | €797,933 | €810,733 | +€12,800 | +1.6% |
| Current assets | 29/58 | €550,089 | €516,086 | -€34,003 | -6.2% |
| Stocks and contracts in progress | 3 | €174,081 | €192,822 | +€18,742 | +10.8% |
| Stocks | 30/36 | €174,081 | €192,822 | +€18,742 | +10.8% |
| Amounts receivable within one year | 40/41 | €68,247 | €84,415 | +€16,168 | +23.7% |
| Trade receivables | 40 | €55,556 | €20,036 | -€35,520 | -63.9% |
| Other amounts receivable | 41 | €12,691 | €64,379 | +€51,688 | +407% |
| Cash at bank and in hand | 54/58 | €293,976 | €219,909 | -€74,067 | -25.2% |
| Deferred charges and accrued income | 490/1 | €13,785 | €18,939 | +€5,154 | +37.4% |
| Total equity and liabilities | 10/49 | €1,633,549 | €1,801,642 | +€168,093 | +10.3% |
| Equity | 10/15 | €147,805 | €168,161 | +€20,355 | +13.8% |
| Contributions | 10/11 | €89,600 | €89,600 | = | 0.0% |
| Capital | 10 | €89,600 | €89,600 | = | 0.0% |
| Issued capital | 100 | €89,600 | €89,600 | = | 0.0% |
| Reserves | 13 | €34,090 | €34,090 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,090 | €9,090 | = | 0.0% |
| Legal reserve | 130 | €9,090 | €9,090 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,512 | €28,377 | +€5,865 | +26.1% |
| Investment grants | 15 | €1,603 | €16,093 | +€14,490 | +904% |
| Provisions and deferred taxes | 16 | €534 | €0 | -€534 | -100% |
| Deferred taxes | 168 | €534 | €0 | -€534 | -100% |
| Amounts payable | 17/49 | €1,485,209 | €1,633,481 | +€148,272 | +10.0% |
| Amounts payable after more than one year | 17 | €110,420 | €321,250 | +€210,830 | +191% |
| Financial debts | 170/4 | €110,420 | €321,250 | +€210,830 | +191% |
| Amounts payable within one year | 42/48 | €1,301,423 | €1,302,622 | +€1,199 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €98,286 | €142,664 | +€44,378 | +45.2% |
| Financial debts | 43 | €38,976 | €35,263 | -€3,713 | -9.5% |
| Credit institutions | 430/8 | €38,976 | €35,263 | -€3,713 | -9.5% |
| Trade debts | 44 | €476,647 | €429,902 | -€46,745 | -9.8% |
| Suppliers | 440/4 | €476,647 | €429,902 | -€46,745 | -9.8% |
| Advances received on contracts in progress | 46 | €510,969 | €413,264 | -€97,705 | -19.1% |
| Taxes, remuneration and social security | 45 | €141,962 | €237,008 | +€95,047 | +67.0% |
| Taxes | 450/3 | €40,976 | €48,603 | +€7,627 | +18.6% |
| Remuneration and social security | 454/9 | €100,985 | €188,405 | +€87,419 | +86.6% |
| Other amounts payable | 47/48 | €34,584 | €44,520 | +€9,937 | +28.7% |
| Accrued charges and deferred income | 492/3 | €73,366 | €9,609 | -€63,757 | -86.9% |
| Non-recurring operating income | 76A | - | €49,828 | +€49,828 | |
| Remuneration, social security and pensions | 62 | €1,020,714 | €1,109,548 | +€88,834 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,058 | €132,400 | +€27,342 | +26.0% |
| Other operating charges | 640/8 | €14,311 | €7,110 | -€7,201 | -50.3% |
| Non-recurring operating charges | 66A | €3,845 | €855 | -€2,989 | -77.8% |
| Gross operating margin | 9900 | €1,087,878 | €1,279,214 | +€191,336 | +17.6% |
| Operating profit (loss) | 9901 | -€56,050 | €29,301 | +€85,351 | |
| Financial income | 75/76B | €116,771 | €26,739 | -€90,032 | -77.1% |
| Recurring financial income | 75 | €116,771 | €26,739 | -€90,032 | -77.1% |
| Financial charges | 65/66B | €26,351 | €29,215 | +€2,864 | +10.9% |
| Recurring financial charges | 65 | €26,351 | €29,215 | +€2,864 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €34,371 | €26,826 | -€7,545 | -22.0% |
| Transfer from deferred taxes | 780 | €534 | €534 | +€0 | 0.0% |
| Income taxes | 67/77 | €7,309 | €5,495 | -€1,814 | -24.8% |
| Profit (loss) for the period | 9904 | €27,596 | €21,865 | -€5,731 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,596 | €21,865 | -€5,731 | -20.8% |
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.