SPRL AD GENESIUM: 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.
SPRL AD GENESIUM
Largest movements
- Current investments +€60,112
up €60,112 (+60.5%), from €99,347 to €159,459
- Tangible fixed assets -€34,007
down €34,007 (-9.0%), from €377,097 to €343,090
of which Land and buildings: -€21,755
- Receivables within one year +€15,453
up €15,453 (+32.9%), from €46,934 to €62,387
of which Trade receivables: +€17,333
- Deferred charges and accrued income +€9,482
up €9,482 (+1,651%), from €574 to €10,056
- Reserves +€60,509
up €60,509 (+22.0%), from €275,228 to €335,737
of which Distributable reserves: +€60,509
- Debts after one year -€25,159
down €25,159 (-15.0%), from €167,235 to €142,076
- Tax, wage and social debts +€13,649
up €13,649 (+147%), from €9,298 to €22,947
of which Taxes: +€13,645
- Gross operating margin +€46,912
up €46,912 (+37.5%), from €125,199 to €172,111
- Taxes +€14,903
up €14,903 (+62.9%), from €23,690 to €38,593
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €540,643 | €589,266 | +€48,624 | +9.0% |
| Fixed assets | 21/28 | €377,122 | €343,115 | -€34,007 | -9.0% |
| Tangible fixed assets | 22/27 | €377,097 | €343,090 | -€34,007 | -9.0% |
| Land and buildings | 22 | €348,919 | €327,164 | -€21,755 | -6.2% |
| Plant, machinery and equipment | 23 | €2,303 | €1,500 | -€803 | -34.9% |
| Furniture and vehicles | 24 | €25,876 | €14,427 | -€11,449 | -44.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €163,521 | €246,151 | +€82,630 | +50.5% |
| Amounts receivable within one year | 40/41 | €46,934 | €62,387 | +€15,453 | +32.9% |
| Trade receivables | 40 | €21,398 | €38,731 | +€17,333 | +81.0% |
| Other amounts receivable | 41 | €25,536 | €23,656 | -€1,880 | -7.4% |
| Current investments | 50/53 | €99,347 | €159,459 | +€60,112 | +60.5% |
| Cash at bank and in hand | 54/58 | €16,665 | €14,248 | -€2,417 | -14.5% |
| Deferred charges and accrued income | 490/1 | €574 | €10,056 | +€9,482 | +1,651% |
| Total equity and liabilities | 10/49 | €540,643 | €589,266 | +€48,624 | +9.0% |
| Equity | 10/15 | €308,828 | €369,337 | +€60,509 | +19.6% |
| Contributions | 10/11 | €33,600 | €33,600 | = | 0.0% |
| Reserves | 13 | €275,228 | €335,737 | +€60,509 | +22.0% |
| Non-distributable reserves | 130/1 | €3,360 | €3,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,360 | €3,360 | = | 0.0% |
| Distributable reserves | 133 | €271,868 | €332,377 | +€60,509 | +22.3% |
| Amounts payable | 17/49 | €231,815 | €219,930 | -€11,885 | -5.1% |
| Amounts payable after more than one year | 17 | €167,235 | €142,076 | -€25,159 | -15.0% |
| Financial debts | 170/4 | €167,235 | €142,076 | -€25,159 | -15.0% |
| Amounts payable within one year | 42/48 | €64,580 | €77,854 | +€13,274 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €30,078 | €25,159 | -€4,919 | -16.4% |
| Trade debts | 44 | €204 | €248 | +€44 | +21.5% |
| Suppliers | 440/4 | €204 | €248 | +€44 | +21.5% |
| Taxes, remuneration and social security | 45 | €9,298 | €22,947 | +€13,649 | +147% |
| Taxes | 450/3 | €9,284 | €22,929 | +€13,645 | +147% |
| Remuneration and social security | 454/9 | €14 | €18 | +€4 | +27.1% |
| Other amounts payable | 47/48 | €25,000 | €29,500 | +€4,500 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,592 | €34,007 | -€585 | -1.7% |
| Other operating charges | 640/8 | €5,097 | €5,335 | +€238 | +4.7% |
| Gross operating margin | 9900 | €125,199 | €172,111 | +€46,912 | +37.5% |
| Operating profit (loss) | 9901 | €85,510 | €132,769 | +€47,259 | +55.3% |
| Financial income | 75/76B | €17 | €282 | +€266 | +1,592% |
| Recurring financial income | 75 | €17 | €282 | +€266 | +1,592% |
| Financial charges | 65/66B | €4,194 | €4,450 | +€256 | +6.1% |
| Recurring financial charges | 65 | €4,194 | €4,450 | +€256 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €81,333 | €128,602 | +€47,269 | +58.1% |
| Income taxes | 67/77 | €23,690 | €38,593 | +€14,903 | +62.9% |
| Profit (loss) for the period | 9904 | €57,643 | €90,009 | +€32,366 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,643 | €90,009 | +€32,366 | +56.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.