GLOCOLEARNING
Annual accounts 2025
micro format, filed on 23-07-2026, 8 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €95,000 and €290,000.
Balance sheet
balance sheet total €176,917 on 31-12-2025in euro
Position in the sector
36.3%
Higher than 34% of 2,301 companies in 2025.
1.89
Higher than 45% of 2,198 companies in 2025.
12.6%
Higher than 47% of 2,232 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
176,917 | 128,676 | 62,579 | 17,437 | |
20 |
- | - | 1,012 | 2,285 | |
21/28 |
11,483 | 16,775 | 22,067 | 6,050 | |
21 |
11,483 | 16,775 | 22,067 | 6,050 | |
29/58 |
165,434 | 111,900 | 39,499 | 9,101 | |
40/41 |
123,707 | 111,900 | 39,499 | 6,694 | |
40 |
109,131 | 100,982 | 31,903 | 4,779 | |
41 |
14,576 | 10,919 | 7,597 | 1,915 | |
54/58 |
41,727 | - | - | 2,407 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
176,917 | 128,676 | 62,579 | 17,437 | |
10/15 |
64,165 | 41,838 | 21,416 | 6,915 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
13 |
59,165 | 36,838 | 16,416 | 1,915 | |
133 |
59,165 | 36,838 | 16,416 | 1,915 | |
17/49 |
112,753 | 86,838 | 41,162 | 10,522 | |
42/48 |
87,753 | 86,838 | 41,162 | 10,522 | |
42 |
- | 5,175 | 3,240 | - | |
44 |
70,675 | 52,778 | 8,679 | 437 | |
440/4 |
70,675 | 52,778 | 8,679 | 437 | |
45 |
14,829 | 9,027 | 3,385 | 85 | |
450/3 |
14,829 | 9,027 | 3,385 | 85 | |
47/48 |
2,249 | 19,858 | 25,858 | 10,000 | |
492/3 |
25,000 | - | - | - | |
| Income statement | |||||
9900 |
39,407 | 35,024 | 25,687 | 2,579 | |
62 |
265 | - | - | - | |
630 |
5,292 | 6,304 | 5,416 | 512 | |
640/8 |
124 | - | 300 | - | |
9901 |
33,726 | 28,720 | 19,970 | 2,068 | |
65/66B |
2,314 | 2,572 | 2,168 | 68 | |
65 |
2,314 | 2,572 | 2,168 | 68 | |
9903 |
31,412 | 26,148 | 17,802 | 1,999 | |
67/77 |
9,086 | 5,727 | 3,300 | 85 | |
9904 |
22,327 | 20,421 | 14,502 | 1,915 | |
9905 |
22,327 | 20,421 | 14,502 | 1,915 | |
| Appropriation of the result | |||||
9906 |
22,327 | 20,421 | 14,502 | 1,915 | |
691/2 |
22,327 | 20,421 | 14,502 | 1,915 | |
6921 |
22,327 | 20,421 | 14,502 | 1,915 | |
| Document | |||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 39,018 | 35,024 | 25,387 | 2,579 | ||
| 27,619 | 26,725 | 19,918 | 2,426 | ||
| 0 | 1,012 | 20,160 | 6,300 | ||
| 77,681 | 25,063 | -1,663 | -1,421 | ||
| 36.3% | 32.5% | 34.2% | 39.7% | ||
| 1.89 | 1.29 | 0.96 | 0.86 | ||
| 1.76 | 2.08 | 1.92 | 1.52 | ||
| 34.8% | 48.8% | 67.7% | 27.7% | ||
| 12.6% | 15.9% | 23.2% | 11.0% | ||
| 16.86 | 13.62 | 11.71 | 37.73 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Intangible fixed assets | - | - | €20,160 | €6,300 |
| €5,292 | €6,304 | €5,416 | €512 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on GLOCOLEARNING
The operating result for 2025 is 17% higher than in 2024 and the highest since 2022. It is the third rise in a row.
Debt's share of the balance-sheet total falls from 67.5% to 63.7%. Equity and debt are higher.