S.A. GENALIM: what changed
What changed
S.A. GENALIM
filed annual accounts (NBB)
Net result for the year
-€8,217
2024 · -€1,519-€6,697
Equity
-€29,743
2024 · -€18,560-€11,183
Cash
€251
2024 · €269-€18
Balance sheet total
€109,157
2024 · €115,293-€6,136
Largest movements
Assets
- Tangible fixed assets -€6,384
down €6,384 (-5.6%), from €114,286 to €107,903
Equity and liabilities
- Other debts +€9,486
up €9,486 (+26.4%), from €35,900 to €45,386
- Profit (loss) carried forward -€8,217
down €8,217 (-5.8%), from -€142,122 to -€150,338
- Debts after one year -€5,462
down €5,462 (-8.8%), from €62,098 to €56,637
- Reserves -€2,967
down €2,967 (-4.8%), from €61,562 to €58,595
of which Tax-exempt reserves: -€2,967
- Trade debts +€2,390
new in 2025: €2,390
Income statement
- Other operating charges +€3,341
up €3,341 (+300%), from €1,115 to €4,456
- Gross operating margin -€3,337
down €3,337 (-84.6%), from €3,946 to €609
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.
Result 2024
-€1,519
Gross operating margin
-€3,337
Depreciation
+€3
Other operating charges
-€3,341
Financial income
+€0
Financial charges
-€22
Result 2025
-€8,217
raises the resultlowers the result
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.
From operations
+€8,250
Investment
€0
Financing
-€8,268
Cash 2024
€269
From operations (derived)
+€8,250
Net result for the year
-€8,217
Depreciation
+€6,384
Deferred charges and accrued income
-€265
Provisions
-€1,528
Trade debts
+€2,390
Other debts
+€9,486
Financing
-€8,268
Debts after one year
-€5,462
Current portion of long-term debt
+€161
Contributions, distributions and other
-€2,967
Cash 2025
€251
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,293 | €109,157 | -€6,136 | -5.3% |
| Fixed assets | 21/28 | €115,024 | €108,641 | -€6,384 | -5.5% |
| Tangible fixed assets | 22/27 | €114,286 | €107,903 | -€6,384 | -5.6% |
| Land and buildings | 22 | €114,286 | €107,903 | -€6,384 | -5.6% |
| Financial fixed assets | 28 | €738 | €738 | = | 0.0% |
| Current assets | 29/58 | €269 | €516 | +€248 | +92.3% |
| Cash at bank and in hand | 54/58 | €269 | €251 | -€18 | -6.5% |
| Deferred charges and accrued income | 490/1 | - | €265 | +€265 | |
| Total equity and liabilities | 10/49 | €115,293 | €109,157 | -€6,136 | -5.3% |
| Equity | 10/15 | -€18,560 | -€29,743 | -€11,183 | -60.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €61,562 | €58,595 | -€2,967 | -4.8% |
| Non-distributable reserves | 130/1 | €2,228 | €2,228 | = | 0.0% |
| Legal reserve | 130 | €2,228 | €2,228 | = | 0.0% |
| Tax-exempt reserves | 132 | €59,334 | €56,368 | -€2,967 | -5.0% |
| Profit (loss) carried forward | 14 | -€142,122 | -€150,338 | -€8,217 | -5.8% |
| Provisions and deferred taxes | 16 | €30,553 | €29,025 | -€1,528 | -5.0% |
| Deferred taxes | 168 | €30,553 | €29,025 | -€1,528 | -5.0% |
| Amounts payable | 17/49 | €103,300 | €109,875 | +€6,575 | +6.4% |
| Amounts payable after more than one year | 17 | €62,098 | €56,637 | -€5,462 | -8.8% |
| Financial debts | 170/4 | €62,098 | €56,637 | -€5,462 | -8.8% |
| Amounts payable within one year | 42/48 | €41,201 | €53,238 | +€12,037 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €5,301 | €5,462 | +€161 | +3.0% |
| Trade debts | 44 | - | €2,390 | +€2,390 | |
| Suppliers | 440/4 | - | €2,390 | +€2,390 | |
| Other amounts payable | 47/48 | €35,900 | €45,386 | +€9,486 | +26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,387 | €6,384 | -€3 | 0.0% |
| Other operating charges | 640/8 | €1,115 | €4,456 | +€3,341 | +300% |
| Gross operating margin | 9900 | €3,946 | €609 | -€3,337 | -84.6% |
| Operating profit (loss) | 9901 | -€3,555 | -€10,230 | -€6,675 | -188% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,459 | €2,481 | +€22 | +0.9% |
| Recurring financial charges | 65 | €2,459 | €2,481 | +€22 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,014 | -€12,711 | -€6,697 | -111% |
| Transfer from deferred taxes | 780 | €4,494 | €4,494 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€1,519 | -€8,217 | -€6,697 | -441% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,519 | -€8,217 | -€6,697 | -441% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 7 November 2026 via checked.be.