VULLERS GENIA: what changed
VULLERS GENIA
Largest movements
- Current investments +€53,000
up €53,000 (+94.6%), from €56,000 to €109,000
- Cash -€15,730
down €15,730 (-21.9%), from €71,708 to €55,979
mainly Current investments (-€53,000) and Debts after one year (-€17,715)
- Stocks and contracts -€12,836
down €12,836 (-17.7%), from €72,486 to €59,649
- Tangible fixed assets -€5,176
down €5,176 (-17.8%), from €29,002 to €23,826
of which Land and buildings: -€7,336
- Reserves +€28,094
up €28,094 (+25.2%), from €111,682 to €139,776
- Debts after one year -€17,715
down €17,715 (-34.9%), from €50,831 to €33,116
- Trade debts +€8,558
up €8,558 (+205%), from €4,177 to €12,735
- Tax, wage and social debts +€7,398
up €7,398 (+32.5%), from €22,757 to €30,156
of which Taxes: +€7,064
- Other debts -€5,413
down €5,413 (-79.5%), from €6,811 to €1,398
- Depreciation -€15,026
down €15,026 (-50.2%), from €29,955 to €14,928
- Gross operating margin +€13,418
up €13,418 (+27.2%), from €49,356 to €62,774
- Taxes +€9,742
up €9,742 (+150%), from €6,500 to €16,242
- Financial income -€1,651
down €1,651 (-29.9%), from €5,512 to €3,861
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,582 | €253,628 | +€17,046 | +7.2% |
| Fixed assets | 21/28 | €29,002 | €23,826 | -€5,176 | -17.8% |
| Tangible fixed assets | 22/27 | €29,002 | €23,826 | -€5,176 | -17.8% |
| Land and buildings | 22 | €15,837 | €8,501 | -€7,336 | -46.3% |
| Plant, machinery and equipment | 23 | - | €5,194 | +€5,194 | |
| Furniture and vehicles | 24 | €9,054 | €10,130 | +€1,077 | +11.9% |
| Leasing and similar rights | 25 | €4,111 | €0 | -€4,111 | -100% |
| Current assets | 29/58 | €207,580 | €229,802 | +€22,223 | +10.7% |
| Stocks and contracts in progress | 3 | €72,486 | €59,649 | -€12,836 | -17.7% |
| Stocks | 30/36 | €72,486 | €59,649 | -€12,836 | -17.7% |
| Amounts receivable within one year | 40/41 | €2,706 | €954 | -€1,752 | -64.7% |
| Trade receivables | 40 | €2,005 | €954 | -€1,051 | -52.4% |
| Other amounts receivable | 41 | €701 | €0 | -€701 | -100% |
| Current investments | 50/53 | €56,000 | €109,000 | +€53,000 | +94.6% |
| Cash at bank and in hand | 54/58 | €71,708 | €55,979 | -€15,730 | -21.9% |
| Deferred charges and accrued income | 490/1 | €4,680 | €4,221 | -€459 | -9.8% |
| Total equity and liabilities | 10/49 | €236,582 | €253,628 | +€17,046 | +7.2% |
| Equity | 10/15 | €130,282 | €158,376 | +€28,094 | +21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,682 | €139,776 | +€28,094 | +25.2% |
| Distributable reserves | 133 | €111,682 | €139,776 | +€28,094 | +25.2% |
| Amounts payable | 17/49 | €106,300 | €95,252 | -€11,048 | -10.4% |
| Amounts payable after more than one year | 17 | €50,831 | €33,116 | -€17,715 | -34.9% |
| Financial debts | 170/4 | €50,831 | €33,116 | -€17,715 | -34.9% |
| Amounts payable within one year | 42/48 | €55,469 | €61,252 | +€5,783 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €21,723 | €16,963 | -€4,760 | -21.9% |
| Trade debts | 44 | €4,177 | €12,735 | +€8,558 | +205% |
| Suppliers | 440/4 | €4,177 | €12,735 | +€8,558 | +205% |
| Taxes, remuneration and social security | 45 | €22,757 | €30,156 | +€7,398 | +32.5% |
| Taxes | 450/3 | €20,132 | €27,196 | +€7,064 | +35.1% |
| Remuneration and social security | 454/9 | €2,625 | €2,960 | +€335 | +12.8% |
| Other amounts payable | 47/48 | €6,811 | €1,398 | -€5,413 | -79.5% |
| Accrued charges and deferred income | 492/3 | - | €884 | +€884 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,955 | €14,928 | -€15,026 | -50.2% |
| Other operating charges | 640/8 | €3,647 | €3,150 | -€497 | -13.6% |
| Gross operating margin | 9900 | €49,356 | €62,774 | +€13,418 | +27.2% |
| Operating profit (loss) | 9901 | €15,755 | €44,696 | +€28,942 | +184% |
| Financial income | 75/76B | €5,512 | €3,861 | -€1,651 | -29.9% |
| Recurring financial income | 75 | €5,512 | €3,861 | -€1,651 | -29.9% |
| Financial charges | 65/66B | €4,839 | €4,221 | -€619 | -12.8% |
| Recurring financial charges | 65 | €4,839 | €4,221 | -€619 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €16,427 | €44,337 | +€27,909 | +170% |
| Income taxes | 67/77 | €6,500 | €16,242 | +€9,742 | +150% |
| Profit (loss) for the period | 9904 | €9,927 | €28,094 | +€18,167 | +183% |
| Profit (loss) for the period to be appropriated | 9905 | €9,927 | €28,094 | +€18,167 | +183% |
Next steps
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 4 November 2026 via checked.be.