The Genius Way: 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.
The Genius Way
Largest movements
- Cash +€2,656
new in 2024: €2,656
mainly Net result for the year (+€1,291) and Current investments (+€1,183)
- Current investments -€1,183
no longer reported in 2024 (was €1,183)
- Receivables within one year -€100
down €100 (-66.7%), from €150 to €50
of which Trade receivables: -€150
- Profit (loss) carried forward +€1,291
up €1,291 (+6.5%), from -€19,992 to -€18,702
- Trade debts +€569
new in 2024: €569
- Tax, wage and social debts -€486
down €486 (-56.2%), from €865 to €379
- Purchases and services -€6,381
down €6,381 (-89.5%), from €7,132 to €751
- Turnover -€5,470
down €5,470 (-72.0%), from €7,594 to €2,124
- Gross operating margin +€910
up €910 (+197%), from €463 to €1,373
- Financial charges -€90
down €90 (-52.4%), from €173 to €82
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 | €1,333 | €2,706 | +€1,374 | +103% |
| Current assets | 29/58 | €1,333 | €2,706 | +€1,374 | +103% |
| Amounts receivable within one year | 40/41 | €150 | €50 | -€100 | -66.7% |
| Trade receivables | 40 | €150 | - | -€150 | |
| Other amounts receivable | 41 | - | €50 | +€50 | |
| Current investments | 50/53 | €1,183 | - | -€1,183 | |
| Cash at bank and in hand | 54/58 | - | €2,656 | +€2,656 | |
| Total equity and liabilities | 10/49 | €1,333 | €2,706 | +€1,374 | +103% |
| Equity | 10/15 | €468 | €1,758 | +€1,291 | +276% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,992 | -€18,702 | +€1,291 | +6.5% |
| Amounts payable | 17/49 | €865 | €948 | +€83 | +9.6% |
| Amounts payable within one year | 42/48 | €865 | €948 | +€83 | +9.6% |
| Trade debts | 44 | - | €569 | +€569 | |
| Suppliers | 440/4 | - | €569 | +€569 | |
| Taxes, remuneration and social security | 45 | €865 | €379 | -€486 | -56.2% |
| Taxes | 450/3 | €865 | €379 | -€486 | -56.2% |
| Turnover | 70 | €7,594 | €2,124 | -€5,470 | -72.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,132 | €751 | -€6,381 | -89.5% |
| Gross operating margin | 9900 | €463 | €1,373 | +€910 | +197% |
| Operating profit (loss) | 9901 | €463 | €1,373 | +€910 | +197% |
| Financial charges | 65/66B | €173 | €82 | -€90 | -52.4% |
| Recurring financial charges | 65 | €173 | €82 | -€90 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | €290 | €1,291 | +€1,001 | +345% |
| Profit (loss) for the period | 9904 | €290 | €1,291 | +€1,001 | +345% |
| Profit (loss) for the period to be appropriated | 9905 | €290 | €1,291 | +€1,001 | +345% |
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 31 October 2026 via checked.be.