GL AUTOMATION: 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.
GL AUTOMATION
Largest movements
- Receivables within one year +€444,054
up €444,054 (+164%), from €270,954 to €715,009
of which Trade receivables: +€564,225
- Deferred charges and accrued income +€159,596
up €159,596 (+6,648%), from €2,401 to €161,996
- Cash +€121,856
up €121,856 (+10.8%), from €1.1m to €1.3m
mainly Net result for the year (+€497,525) and Tax, wage and social debts (+€94,613)
- Reserves +€497,525
up €497,525 (+39.9%), from €1.2m to €1.7m
- Tax, wage and social debts +€94,613
up €94,613 (+120%), from €78,768 to €173,381
of which Taxes: +€81,566
- Accrued charges and deferred income +€75,814
up €75,814 (+441%), from €17,210 to €93,024
- Trade debts +€56,569
up €56,569 (+120%), from €47,105 to €103,674
- Turnover +€1.9m
new in 2025: €1.9m
- Goods and materials +€956,600
new in 2025: €956,600
- Gross operating margin -€801,048
no longer reported in 2025 (was €801,048)
- Other operating income +€706,607
new in 2025: €706,607
- Services and other goods +€349,611
new in 2025: €349,611
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 | €1,410,322 | €2,134,843 | +€724,521 | +51.4% |
| Fixed assets | 21/28 | €4,284 | €3,299 | -€985 | -23.0% |
| Tangible fixed assets | 22/27 | €4,284 | €3,299 | -€985 | -23.0% |
| Plant, machinery and equipment | 23 | €4,284 | €3,299 | -€985 | -23.0% |
| Current assets | 29/58 | €1,406,038 | €2,131,544 | +€725,506 | +51.6% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €270,954 | €715,009 | +€444,054 | +164% |
| Trade receivables | 40 | €134,603 | €698,828 | +€564,225 | +419% |
| Other amounts receivable | 41 | €136,351 | €16,181 | -€120,170 | -88.1% |
| Cash at bank and in hand | 54/58 | €1,132,683 | €1,254,540 | +€121,856 | +10.8% |
| Deferred charges and accrued income | 490/1 | €2,401 | €161,996 | +€159,596 | +6,648% |
| Total equity and liabilities | 10/49 | €1,410,322 | €2,134,843 | +€724,521 | +51.4% |
| Equity | 10/15 | €1,266,525 | €1,764,051 | +€497,525 | +39.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,247,975 | €1,745,501 | +€497,525 | +39.9% |
| Distributable reserves | 133 | €1,247,975 | €1,745,501 | +€497,525 | +39.9% |
| Amounts payable | 17/49 | €143,797 | €370,792 | +€226,996 | +158% |
| Amounts payable within one year | 42/48 | €126,587 | €277,768 | +€151,182 | +119% |
| Trade debts | 44 | €47,105 | €103,674 | +€56,569 | +120% |
| Suppliers | 440/4 | €47,105 | €103,674 | +€56,569 | +120% |
| Taxes, remuneration and social security | 45 | €78,768 | €173,381 | +€94,613 | +120% |
| Taxes | 450/3 | €13,683 | €95,249 | +€81,566 | +596% |
| Remuneration and social security | 454/9 | €65,084 | €78,131 | +€13,047 | +20.0% |
| Other amounts payable | 47/48 | €714 | €714 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €17,210 | €93,024 | +€75,814 | +441% |
| Operating income | 70/76A | - | €2,601,310 | +€2.6m | |
| Turnover | 70 | - | €1,894,703 | +€1.9m | |
| Other operating income | 74 | - | €706,607 | +€706,607 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | - | €1,928,087 | +€1.9m | |
| Goods for resale, raw materials and consumables | 60 | - | €956,600 | +€956,600 | |
| Purchases | 600/8 | - | €956,600 | +€956,600 | |
| Services and other goods | 61 | - | €349,611 | +€349,611 | |
| Remuneration, social security and pensions | 62 | €462,629 | €618,547 | +€155,919 | +33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,696 | €2,210 | -€486 | -18.0% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €801,048 | - | -€801,048 | |
| Operating profit (loss) | 9901 | €334,638 | €673,223 | +€338,585 | +101% |
| Financial income | 75/76B | €2,304 | €2,660 | +€356 | +15.5% |
| Recurring financial income | 75 | €2,304 | €2,660 | +€356 | +15.5% |
| Other financial income | 752/9 | - | €2,660 | +€2,660 | |
| Financial charges | 65/66B | €3,837 | €4,658 | +€821 | +21.4% |
| Recurring financial charges | 65 | €3,837 | €4,658 | +€821 | +21.4% |
| Debt charges | 650 | - | €0 | = | |
| Other financial charges | 652/9 | - | €4,658 | +€4,658 | |
| Profit (loss) for the period before taxes | 9903 | €333,105 | €671,225 | +€338,120 | +102% |
| Income taxes | 67/77 | €86,167 | €173,700 | +€87,533 | +102% |
| Taxes | 670/3 | - | €173,700 | +€173,700 | |
| Profit (loss) for the period | 9904 | €246,938 | €497,525 | +€250,587 | +101% |
| Profit (loss) for the period to be appropriated | 9905 | €246,938 | €497,525 | +€250,587 | +101% |
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 24 October 2026 via checked.be.