G.L.M. SERVICES: 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.
G.L.M. SERVICES
Largest movements
- Receivables within one year +€7,337
up €7,337 (+23.7%), from €30,935 to €38,272
of which Trade receivables: +€7,561
- Profit (loss) carried forward +€3,588
up €3,588 (+14.4%), from -€24,997 to -€21,409
- Trade debts +€3,314
up €3,314 (+11.2%), from €29,530 to €32,845
- Tax, wage and social debts +€600
up €600 (+58.1%), from €1,033 to €1,634
- Gross operating margin +€13,458
up €13,458, from -€8,731 to €4,727
- Other operating charges +€706
up €706 (+87.1%), from €810 to €1,516
- Financial income +€149
up €149 (+18.9%), from €789 to €938
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 | €33,573 | €40,753 | +€7,180 | +21.4% |
| Fixed assets | 21/28 | €306 | - | -€306 | |
| Tangible fixed assets | 22/27 | €306 | - | -€306 | |
| Furniture and vehicles | 24 | €306 | - | -€306 | |
| Current assets | 29/58 | €33,267 | €40,753 | +€7,486 | +22.5% |
| Amounts receivable within one year | 40/41 | €30,935 | €38,272 | +€7,337 | +23.7% |
| Trade receivables | 40 | €20,189 | €27,750 | +€7,561 | +37.4% |
| Other amounts receivable | 41 | €10,746 | €10,522 | -€224 | -2.1% |
| Cash at bank and in hand | 54/58 | €2,332 | €2,481 | +€149 | +6.4% |
| Total equity and liabilities | 10/49 | €33,573 | €40,753 | +€7,180 | +21.4% |
| Equity | 10/15 | -€8,794 | -€5,206 | +€3,588 | +40.8% |
| Contributions | 10/11 | €14,329 | €14,329 | = | 0.0% |
| Capital | 10 | €14,329 | €14,329 | = | 0.0% |
| Issued capital | 100 | €18,750 | €18,750 | = | 0.0% |
| Uncalled capital | 101 | €4,421 | €4,421 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Legal reserve | 130 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,997 | -€21,409 | +€3,588 | +14.4% |
| Amounts payable | 17/49 | €42,366 | €45,959 | +€3,593 | +8.5% |
| Amounts payable within one year | 42/48 | €41,673 | €45,588 | +€3,915 | +9.4% |
| Trade debts | 44 | €29,530 | €32,845 | +€3,314 | +11.2% |
| Suppliers | 440/4 | €29,530 | €32,845 | +€3,314 | +11.2% |
| Taxes, remuneration and social security | 45 | €1,033 | €1,634 | +€600 | +58.1% |
| Taxes | 450/3 | €1,033 | €1,634 | +€600 | +58.1% |
| Other amounts payable | 47/48 | €11,109 | €11,109 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €693 | €371 | -€322 | -46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €306 | €306 | = | 0.0% |
| Other operating charges | 640/8 | €810 | €1,516 | +€706 | +87.1% |
| Gross operating margin | 9900 | -€8,731 | €4,727 | +€13,458 | |
| Operating profit (loss) | 9901 | -€9,847 | €2,905 | +€12,753 | |
| Financial income | 75/76B | €789 | €938 | +€149 | +18.9% |
| Recurring financial income | 75 | €789 | €938 | +€149 | +18.9% |
| Financial charges | 65/66B | €293 | €255 | -€38 | -13.0% |
| Recurring financial charges | 65 | €293 | €255 | -€38 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,352 | €3,588 | +€12,940 | |
| Profit (loss) for the period | 9904 | -€9,352 | €3,588 | +€12,940 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,352 | €3,588 | +€12,940 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.