Glou (0786.806.689): financials and annual accounts

Glou

Ostend ·KBO/BCE: BE 0786.806.689

Line	2025	2024	2023	2022
Balance sheet: assets
Total assets`20/58`	283,536	355,675	160,120	93,587
Fixed assets`21/28`	17,793	18,947	8,705	4,235
Intangible fixed assets`21`	1,166	1,661	2,156	-
Tangible fixed assets`22/27`	16,626	17,286	6,549	4,235
Furniture and vehicles`24`	16,626	17,286	6,549	4,235
Current assets`29/58`	265,743	336,728	151,415	89,353
Amounts receivable within one year`40/41`	50,118	39,971	43,872	70,092
Trade receivables`40`	30,075	39,681	43,373	69,913
Other amounts receivable`41`	20,044	291	499	179
Current investments`50/53`	118,598	43,454	-	-
Cash at bank and in hand`54/58`	94,092	250,186	104,331	16,219
Deferred charges and accrued income`490/1`	2,935	3,118	3,212	3,042
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	283,536	355,675	160,120	93,587
Equity`10/15`	167,713	275,420	111,598	54,900
Contributions`10/11`	500	500	500	500
Reserves`13`	167,213	274,920	111,098	54,400
Distributable reserves`133`	167,213	274,920	111,098	54,400
Profit (loss) carried forward`14`	0	0	0	0
Amounts payable`17/49`	115,823	80,255	48,522	38,687
Amounts payable within one year`42/48`	113,621	80,069	48,522	38,687
Financial debts`43`	170	192	380	1,236
Credit institutions`430/8`	170	192	380	1,236
Trade debts`44`	15,399	1,137	27,289	15,672
Suppliers`440/4`	15,399	1,137	27,289	15,672
Taxes, remuneration and social security`45`	55,635	75,446	19,504	19,520
Taxes`450/3`	55,635	75,446	19,504	19,520
Other amounts payable`47/48`	42,418	3,295	1,349	2,259
Accrued charges and deferred income`492/3`	2,202	186	-	-
Income statement
Gross operating margin`9900`	106,268	219,259	75,766	70,091
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	8,425	4,937	2,900	673
Other operating charges`640/8`	778	93	499	348
Operating profit (loss)`9901`	97,065	214,229	72,367	69,071
Financial income`75/76B`	5,469	1,161	99	1
Recurring financial income`75`	5,469	1,161	99	1
Financial charges`65/66B`	4,845	1,659	557	179
Recurring financial charges`65`	4,845	1,659	557	179
Profit (loss) for the period before taxes`9903`	97,689	213,731	71,908	68,892
Income taxes`67/77`	25,396	49,050	15,210	13,692
Profit (loss) for the period`9904`	72,293	164,681	56,698	55,200
Profit (loss) for the period to be appropriated`9905`	72,293	164,681	56,698	55,200
Appropriation of the result
Profit (loss) to be appropriated`9906`	72,293	164,681	56,698	55,200
Transfer from equity`791/2`	180,000	-	-	-
Transfer to equity`691/2`	72,293	163,822	56,698	54,400
To other reserves`6921`	72,293	163,822	56,698	54,400
Profit to be distributed`694/7`	180,000	859	0	800
Return on contributions (dividend)`694`	180,000	859	0	800
Document	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	24-03-2026	2026-00060526	PDF
31-12-2024	micro format	20-06-2025	2025-00157874	PDF
31-12-2023	micro format	29-08-2024	2024-00389980	PDF
31-12-2022	micro format	20-07-2023	2023-00254311	PDF

Line	2025	2024	2023	2022
EBITDA	105,490	219,166	75,266	69,743
Cash flow	80,718	169,618	59,597	55,873
Investment in fixed assets	7,271	15,179	7,370	4,907
Change in cash	-156,094	145,854	88,112	-
Working capital	152,122	256,659	102,893	50,666
Solvency	59.2%	77.4%	69.7%	58.7%
Current ratio	2.34	4.21	3.12	2.31
Debt to equity	0.69	0.29	0.43	0.70
ROE	43.1%	59.8%	50.8%	100.5%
ROA	25.5%	46.3%	35.4%	59.0%
Interest coverage	21.77	over 100	over 100	over 100

Item	2025	2024	2023	2022
Tangible fixed assets	€7,271	€15,179	€4,895	€4,907
Intangible fixed assets	-	-	€2,475	-
Depreciation and write-downs of the year	€8,425	€4,937	€2,900	€673

Glou

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency59.2%

Current ratio2.34

Return on assets25.5%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on Glou

Next steps