Van Genechten: 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.
What changed
Van Genechten
NACE 78.100, Employment placement agencies
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€10.8m
2025 · €9.4m+€1.4m
Equity
€127.6m
2025 · €122.0m+€5.7m
Cash
€41,703
2025 · €85,231-€43,528
Balance sheet total
€133.4m
2025 · €126.6m+€6.7m
Largest movements
Assets
- Receivables within one year +€6.6m
up €6.6m (+50.5%), from €13.2m to €19.8m
Equity and liabilities
- Profit (loss) carried forward +€5.7m
up €5.7m (+79.4%), from €7.1m to €12.8m
Income statement
- Financial income +€1.4m
up €1.4m (+14.0%), from €9.7m to €11.0m
- Services and other goods -€20,417
down €20,417 (-13.0%), from €157,123 to €136,706
- Financial charges +€4,474
up €4,474 (+20.9%), from €21,415 to €25,889
- Other operating charges +€1,439
up €1,439 (+53.3%), from €2,698 to €4,137
- Depreciation +€235
up €235 (+2.0%), from €11,498 to €11,733
From the 2025 result to the 2026 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.
Result 2025
€9.4m
Services and other goods
+€20,417
Depreciation
-€235
Other operating charges
-€1,439
Other operating items
+€80,001
Financial income
+€1.4m
Financial charges
-€4,474
Taxes
+€0
Result 2026
€10.8m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€5.2m
Investment
-€11,645
Financing
-€5.2m
Cash 2025
€85,231
From operations (derived)
+€5.2m
Net result for the year
+€10.8m
Depreciation
+€11,733
Receivables within one year
-€6.6m
Deferred charges and accrued income
-€141,279
Trade debts
-€21,605
Tax, wage and social debts
+€405,526
Other debts
+€698,990
Investment (derived)
-€11,645
Investment in fixed assets (net)
-€11,645
Financing
-€5.2m
Contributions, distributions and other
-€5.2m
Cash 2026
€41,703
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,648,999 | €133,393,659 | +€6.7m | +5.3% |
| Fixed assets | 21/28 | €111,279,583 | €111,279,495 | -€88 | 0.0% |
| Tangible fixed assets | 22/27 | €346,538 | €334,805 | -€11,733 | -3.4% |
| Land and buildings | 22 | €346,538 | €334,805 | -€11,733 | -3.4% |
| Financial fixed assets | 28 | €110,933,044 | €110,944,690 | +€11,645 | 0.0% |
| Affiliated companies | 280/1 | €110,793,898 | €110,805,543 | +€11,645 | 0.0% |
| Participating interests | 280 | €110,793,898 | €110,805,543 | +€11,645 | 0.0% |
| Other financial fixed assets | 284/8 | €139,147 | €139,147 | = | 0.0% |
| Shares | 284 | €139,147 | €139,147 | = | 0.0% |
| Current assets | 29/58 | €15,369,416 | €22,114,164 | +€6.7m | +43.9% |
| Amounts receivable within one year | 40/41 | €13,167,824 | €19,814,820 | +€6.6m | +50.5% |
| Other amounts receivable | 41 | €13,167,824 | €19,814,820 | +€6.6m | +50.5% |
| Current investments | 50/53 | €2,009,400 | €2,009,400 | = | 0.0% |
| Own shares | 50 | €2,009,400 | €2,009,400 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €85,231 | €41,703 | -€43,528 | -51.1% |
| Deferred charges and accrued income | 490/1 | €106,962 | €248,241 | +€141,279 | +132% |
| Total equity and liabilities | 10/49 | €126,648,999 | €133,393,659 | +€6.7m | +5.3% |
| Equity | 10/15 | €121,951,735 | €127,613,483 | +€5.7m | +4.6% |
| Contributions | 10/11 | €4,110,725 | €4,110,725 | = | 0.0% |
| Capital | 10 | €4,110,725 | €4,110,725 | = | 0.0% |
| Issued capital | 100 | €4,110,725 | €4,110,725 | = | 0.0% |
| Reserves | 13 | €110,710,629 | €110,710,629 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,420,473 | €2,420,473 | = | 0.0% |
| Legal reserve | 130 | €411,073 | €411,073 | = | 0.0% |
| Own shares acquired | 1312 | €2,009,400 | €2,009,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €501,414 | €501,414 | = | 0.0% |
| Distributable reserves | 133 | €107,788,743 | €107,788,743 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,130,381 | €12,792,129 | +€5.7m | +79.4% |
| Amounts payable | 17/49 | €4,697,264 | €5,780,176 | +€1.1m | +23.1% |
| Amounts payable within one year | 42/48 | €4,697,264 | €5,780,176 | +€1.1m | +23.1% |
| Trade debts | 44 | €29,150 | €7,545 | -€21,605 | -74.1% |
| Suppliers | 440/4 | €29,150 | €7,545 | -€21,605 | -74.1% |
| Taxes, remuneration and social security | 45 | €1,149,386 | €1,554,912 | +€405,526 | +35.3% |
| Taxes | 450/3 | €1,149,386 | €1,554,912 | +€405,526 | +35.3% |
| Other amounts payable | 47/48 | €3,518,729 | €4,217,719 | +€698,990 | +19.9% |
| Operating income | 70/76A | €11,000 | €11,000 | = | 0.0% |
| Turnover | 70 | €11,000 | €11,000 | = | 0.0% |
| Operating charges | 60/66A | €251,320 | €152,576 | -€98,744 | -39.3% |
| Services and other goods | 61 | €157,123 | €136,706 | -€20,417 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,498 | €11,733 | +€235 | +2.0% |
| Other operating charges | 640/8 | €2,698 | €4,137 | +€1,439 | +53.3% |
| Non-recurring operating charges | 66A | €80,001 | - | -€80,001 | |
| Operating profit (loss) | 9901 | -€240,320 | -€141,576 | +€98,744 | +41.1% |
| Financial income | 75/76B | €9,657,650 | €11,012,254 | +€1.4m | +14.0% |
| Recurring financial income | 75 | €9,657,650 | €11,012,254 | +€1.4m | +14.0% |
| Income from financial fixed assets | 750 | €9,500,000 | €10,495,257 | +€995,257 | +10.5% |
| Income from current assets | 751 | €157,650 | €516,523 | +€358,873 | +228% |
| Other financial income | 752/9 | - | €473 | +€473 | |
| Financial charges | 65/66B | €21,415 | €25,889 | +€4,474 | +20.9% |
| Recurring financial charges | 65 | €21,415 | €25,889 | +€4,474 | +20.9% |
| Debt charges | 650 | €20,029 | €24,761 | +€4,732 | +23.6% |
| Other financial charges | 652/9 | €1,386 | €1,128 | -€258 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €9,395,915 | €10,844,789 | +€1.4m | +15.4% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Taxes | 670/3 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | €9,395,915 | €10,844,789 | +€1.4m | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,395,915 | €10,844,789 | +€1.4m | +15.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.