BE-GLASS: 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.
BE-GLASS
Largest movements
- Cash +€19,574
up €19,574 (+1,014%), from €1,931 to €21,505
mainly Net result for the year (+€35,328) and Receivables within one year (+€11,248)
- Receivables within one year -€11,248
down €11,248 (-47.0%), from €23,934 to €12,686
- Tangible fixed assets -€7,621
down €7,621 (-22.7%), from €33,620 to €25,998
- Profit (loss) carried forward +€35,328
up €35,328 (+73.5%), from €48,044 to €83,372
- Debts after one year -€27,978
down €27,978 (-23.6%), from €118,605 to €90,627
of which Other amounts payable: -€15,326
- Other debts -€9,377
no longer reported in 2025 (was €9,377)
- Tax, wage and social debts +€2,490
up €2,490 (+22.3%), from €11,157 to €13,646
- Gross operating margin +€11,155
up €11,155 (+24.5%), from €45,612 to €56,767
- Taxes +€2,112
up €2,112 (+24.6%), from €8,600 to €10,712
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €210,294 | €211,036 | +€742 | +0.4% |
| Fixed assets | 21/28 | €183,620 | €175,998 | -€7,621 | -4.2% |
| Tangible fixed assets | 22/27 | €33,620 | €25,998 | -€7,621 | -22.7% |
| Furniture and vehicles | 24 | €33,620 | €25,998 | -€7,621 | -22.7% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €26,674 | €35,037 | +€8,364 | +31.4% |
| Amounts receivable within one year | 40/41 | €23,934 | €12,686 | -€11,248 | -47.0% |
| Trade receivables | 40 | €23,934 | €12,686 | -€11,248 | -47.0% |
| Cash at bank and in hand | 54/58 | €1,931 | €21,505 | +€19,574 | +1,014% |
| Deferred charges and accrued income | 490/1 | €809 | €846 | +€37 | +4.6% |
| Total equity and liabilities | 10/49 | €210,294 | €211,036 | +€742 | +0.4% |
| Equity | 10/15 | €58,044 | €93,372 | +€35,328 | +60.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,044 | €83,372 | +€35,328 | +73.5% |
| Amounts payable | 17/49 | €152,250 | €117,663 | -€34,586 | -22.7% |
| Amounts payable after more than one year | 17 | €118,605 | €90,627 | -€27,978 | -23.6% |
| Financial debts | 170/4 | €58,605 | €45,953 | -€12,651 | -21.6% |
| Other amounts payable | 178/9 | €60,000 | €44,674 | -€15,326 | -25.5% |
| Amounts payable within one year | 42/48 | €33,195 | €27,036 | -€6,159 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €12,163 | €12,651 | +€488 | +4.0% |
| Trade debts | 44 | €498 | €739 | +€241 | +48.3% |
| Suppliers | 440/4 | €498 | €739 | +€241 | +48.3% |
| Taxes, remuneration and social security | 45 | €11,157 | €13,646 | +€2,490 | +22.3% |
| Taxes | 450/3 | €11,157 | €13,646 | +€2,490 | +22.3% |
| Other amounts payable | 47/48 | €9,377 | - | -€9,377 | |
| Accrued charges and deferred income | 492/3 | €450 | - | -€450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,678 | €7,621 | -€57 | -0.7% |
| Other operating charges | 640/8 | - | €69 | +€69 | |
| Gross operating margin | 9900 | €45,612 | €56,767 | +€11,155 | +24.5% |
| Operating profit (loss) | 9901 | €37,933 | €49,076 | +€11,143 | +29.4% |
| Financial charges | 65/66B | €3,425 | €3,036 | -€389 | -11.4% |
| Recurring financial charges | 65 | €3,425 | €3,036 | -€389 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €34,508 | €46,041 | +€11,532 | +33.4% |
| Income taxes | 67/77 | €8,600 | €10,712 | +€2,112 | +24.6% |
| Profit (loss) for the period | 9904 | €25,908 | €35,328 | +€9,420 | +36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,908 | €35,328 | +€9,420 | +36.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.