GL AUTO: what changed
Two fiscal 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.
GL AUTO
Largest movements
- Cash +€23,259
up €23,259 (+317.7%), from €7,321 to €30,580
mainly Depreciation (+€15,581) and Tax, wage and social debts (+€12,434)
- Receivables within one year +€9,275
up €9,275 (+49.1%), from €18,879 to €28,153
of which Other amounts receivable: +€7,899
- Tangible fixed assets -€7,110
down €7,110 (-26.9%), from €26,456 to €19,346
of which Furniture and vehicles: -€7,391
- Stocks and contracts -€2,050
down €2,050 (-23.8%), from €8,609 to €6,559
- Tax, wage and social debts +€12,434
up €12,434 (+76.8%), from €16,185 to €28,619
of which Remuneration and social security: +€6,354
- Profit (loss) carried forward +€8,606
up €8,606 (+71.3%), from €12,070 to €20,677
- Trade debts +€7,740
up €7,740 (+30.9%), from €25,053 to €32,793
- Debts after one year -€3,448
no longer reported in 2025 (was €3,448)
- Current portion of long-term debt -€1,508
down €1,508 (-30.4%), from €4,956 to €3,448
- Staff costs +€51,474
up €51,474 (+128.1%), from €40,176 to €91,651
- Gross operating margin +€37,275
up €37,275 (+45.5%), from €81,882 to €119,158
- Depreciation -€10,602
down €10,602 (-40.5%), from €26,183 to €15,581
- Other operating charges +€1,421
up €1,421 (+4736.6%), from €30 to €1,451
- Taxes -€1,226
down €1,226 (-40.6%), from €3,018 to €1,791
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.
Cash bridge derived
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 | €63,712 | €87,537 | +€23,825 | +37.4% |
| Fixed assets | 21/28 | €26,456 | €19,346 | -€7,110 | -26.9% |
| Tangible fixed assets | 22/27 | €26,456 | €19,346 | -€7,110 | -26.9% |
| Plant, machinery and equipment | 23 | €18,426 | €18,706 | +€281 | +1.5% |
| Furniture and vehicles | 24 | €8,030 | €639 | -€7,391 | -92.0% |
| Current assets | 29/58 | €37,256 | €68,191 | +€30,935 | +83.0% |
| Stocks and contracts in progress | 3 | €8,609 | €6,559 | -€2,050 | -23.8% |
| Stocks | 30/36 | €8,609 | €6,559 | -€2,050 | -23.8% |
| Amounts receivable within one year | 40/41 | €18,879 | €28,153 | +€9,275 | +49.1% |
| Trade receivables | 40 | €15,625 | €17,001 | +€1,376 | +8.8% |
| Other amounts receivable | 41 | €3,254 | €11,153 | +€7,899 | +242.8% |
| Cash at bank and in hand | 54/58 | €7,321 | €30,580 | +€23,259 | +317.7% |
| Deferred charges and accrued income | 490/1 | €2,447 | €2,899 | +€452 | +18.5% |
| Total equity and liabilities | 10/49 | €63,712 | €87,537 | +€23,825 | +37.4% |
| Equity | 10/15 | €14,070 | €22,677 | +€8,606 | +61.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,070 | €20,677 | +€8,606 | +71.3% |
| Amounts payable | 17/49 | €49,641 | €64,860 | +€15,219 | +30.7% |
| Amounts payable after more than one year | 17 | €3,448 | - | -€3,448 | |
| Financial debts | 170/4 | €3,448 | - | -€3,448 | |
| Amounts payable within one year | 42/48 | €46,194 | €64,860 | +€18,667 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | €4,956 | €3,448 | -€1,508 | -30.4% |
| Trade debts | 44 | €25,053 | €32,793 | +€7,740 | +30.9% |
| Suppliers | 440/4 | €25,053 | €32,793 | +€7,740 | +30.9% |
| Taxes, remuneration and social security | 45 | €16,185 | €28,619 | +€12,434 | +76.8% |
| Taxes | 450/3 | €7,115 | €13,196 | +€6,081 | +85.5% |
| Remuneration and social security | 454/9 | €9,070 | €15,423 | +€6,354 | +70.1% |
| Non-recurring operating income | 76A | - | €3 | +€3 | |
| Remuneration, social security and pensions | 62 | €40,176 | €91,651 | +€51,474 | +128.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,183 | €15,581 | -€10,602 | -40.5% |
| Other operating charges | 640/8 | €30 | €1,451 | +€1,421 | +4736.6% |
| Gross operating margin | 9900 | €81,882 | €119,158 | +€37,275 | +45.5% |
| Operating profit (loss) | 9901 | €15,493 | €10,475 | -€5,018 | -32.4% |
| Financial income | 75/76B | €1 | €597 | +€596 | +101030.5% |
| Recurring financial income | 75 | €1 | €597 | +€596 | +101030.5% |
| Financial charges | 65/66B | €406 | €674 | +€268 | +66.1% |
| Recurring financial charges | 65 | €406 | €674 | +€268 | +66.1% |
| Profit (loss) for the period before taxes | 9903 | €15,088 | €10,398 | -€4,690 | -31.1% |
| Income taxes | 67/77 | €3,018 | €1,791 | -€1,226 | -40.6% |
| Profit (loss) for the period | 9904 | €12,070 | €8,606 | -€3,464 | -28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,070 | €8,606 | -€3,464 | -28.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.