FRATELLI GLC: 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.
FRATELLI GLC
Largest movements
- Cash +€22,557
up €22,557 (+3235.0%), from €697 to €23,254
mainly Trade debts (+€26,656) and Other debts (+€9,135)
- Receivables within one year +€6,582
new in 2023: €6,582
- Stocks and contracts +€5,428
new in 2023: €5,428
- Deferred charges and accrued income +€1,289
up €1,289 (+270.7%), from €476 to €1,766
- Tangible fixed assets +€656
up €656 (+25.5%), from €2,570 to €3,226
of which Plant, machinery and equipment: +€1,041
- Trade debts +€26,656
new in 2023: €26,656
- Other debts +€9,135
up €9,135 (+215.8%), from €4,233 to €13,368
- Tax, wage and social debts +€7,604
up €7,604 (+6463.4%), from €118 to €7,722
of which Taxes: +€3,816
- Profit (loss) carried forward -€7,068
down €7,068 (-190.1%), from -€3,717 to -€10,785
- Accrued charges and deferred income +€486
up €486 (+439.7%), from €110 to €596
- Gross operating margin -€12,211
down €12,211, from €8,986 to -€3,225
- Other operating charges +€929
new in 2023: €929
- Financial charges -€916
down €916 (-100.0%), from €916 to €0
- Depreciation +€777
up €777 (+37.6%), from €2,068 to €2,844
From the 2022 result to the 2023 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,744 | €40,556 | +€36,812 | +983.2% |
| Fixed assets | 21/28 | €2,570 | €3,526 | +€956 | +37.2% |
| Tangible fixed assets | 22/27 | €2,570 | €3,226 | +€656 | +25.5% |
| Plant, machinery and equipment | 23 | €2,088 | €3,129 | +€1,041 | +49.9% |
| Furniture and vehicles | 24 | €483 | €97 | -€386 | -79.9% |
| Financial fixed assets | 28 | - | €300 | +€300 | |
| Current assets | 29/58 | €1,174 | €37,030 | +€35,856 | +3055.3% |
| Stocks and contracts in progress | 3 | - | €5,428 | +€5,428 | |
| Stocks | 30/36 | - | €5,428 | +€5,428 | |
| Amounts receivable within one year | 40/41 | - | €6,582 | +€6,582 | |
| Trade receivables | 40 | - | €6,582 | +€6,582 | |
| Cash at bank and in hand | 54/58 | €697 | €23,254 | +€22,557 | +3235.0% |
| Deferred charges and accrued income | 490/1 | €476 | €1,766 | +€1,289 | +270.7% |
| Total equity and liabilities | 10/49 | €3,744 | €40,556 | +€36,812 | +983.2% |
| Equity | 10/15 | -€717 | -€7,785 | -€7,068 | -985.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,717 | -€10,785 | -€7,068 | -190.1% |
| Amounts payable | 17/49 | €4,461 | €48,341 | +€43,880 | +983.6% |
| Amounts payable within one year | 42/48 | €4,351 | €47,745 | +€43,394 | +997.4% |
| Trade debts | 44 | - | €26,656 | +€26,656 | |
| Suppliers | 440/4 | - | €26,656 | +€26,656 | |
| Taxes, remuneration and social security | 45 | €118 | €7,722 | +€7,604 | +6463.4% |
| Taxes | 450/3 | €118 | €3,934 | +€3,816 | +3243.6% |
| Remuneration and social security | 454/9 | - | €3,788 | +€3,788 | |
| Other amounts payable | 47/48 | €4,233 | €13,368 | +€9,135 | +215.8% |
| Accrued charges and deferred income | 492/3 | €110 | €596 | +€486 | +439.7% |
| Remuneration, social security and pensions | 62 | €5 | €75 | +€71 | +1536.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,068 | €2,844 | +€777 | +37.6% |
| Other operating charges | 640/8 | - | €929 | +€929 | |
| Gross operating margin | 9900 | €8,986 | -€3,225 | -€12,211 | |
| Operating profit (loss) | 9901 | €6,914 | -€7,073 | -€13,987 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €916 | €0 | -€916 | -100.0% |
| Recurring financial charges | 65 | €916 | €0 | -€916 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €5,997 | -€7,068 | -€13,065 | |
| Profit (loss) for the period | 9904 | €5,997 | -€7,068 | -€13,065 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,997 | -€7,068 | -€13,065 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.