GL PRODUCTION: 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 PRODUCTION
Largest movements
- Cash -€8,574
down €8,574 (-94.4%), from €9,084 to €510
mainly Trade debts (-€22,017) and Receivables within one year (-€8,011)
- Receivables within one year +€8,011
up €8,011 (+25.0%), from €32,029 to €40,040
of which Other amounts receivable: +€11,204
- Trade debts -€22,017
no longer reported in 2025 (was €22,017)
- Other debts +€10,841
up €10,841 (+44.5%), from €24,355 to €35,197
- Short-term financial debts +€7,251
new in 2025: €7,251
- Tax, wage and social debts +€1,697
up €1,697 (+147%), from €1,153 to €2,850
of which Remuneration and social security: +€2,850
- Profit (loss) carried forward +€963
up €963 (+14.4%), from -€6,678 to -€5,716
- Gross operating margin +€6,276
up €6,276, from -€1,833 to €4,443
- Financial charges -€367
down €367 (-20.5%), from €1,793 to €1,426
- Other operating charges +€152
up €152 (+27.9%), from €543 to €695
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 | €49,954 | €48,688 | -€1,266 | -2.5% |
| Fixed assets | 21/28 | €3,227 | €2,947 | -€280 | -8.7% |
| Tangible fixed assets | 22/27 | €3,227 | €2,947 | -€280 | -8.7% |
| Plant, machinery and equipment | 23 | €113 | - | -€113 | |
| Furniture and vehicles | 24 | €3,114 | €2,947 | -€167 | -5.4% |
| Current assets | 29/58 | €46,727 | €45,742 | -€986 | -2.1% |
| Stocks and contracts in progress | 3 | €5,192 | €5,192 | = | 0.0% |
| Stocks | 30/36 | €5,192 | €5,192 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,029 | €40,040 | +€8,011 | +25.0% |
| Trade receivables | 40 | €29,405 | €26,211 | -€3,194 | -10.9% |
| Other amounts receivable | 41 | €2,624 | €13,829 | +€11,204 | +427% |
| Cash at bank and in hand | 54/58 | €9,084 | €510 | -€8,574 | -94.4% |
| Deferred charges and accrued income | 490/1 | €422 | - | -€422 | |
| Total equity and liabilities | 10/49 | €49,954 | €48,688 | -€1,266 | -2.5% |
| Equity | 10/15 | €2,428 | €3,391 | +€963 | +39.7% |
| Contributions | 10/11 | €8,928 | €8,928 | = | 0.0% |
| Reserves | 13 | €178 | €178 | = | 0.0% |
| Non-distributable reserves | 130/1 | €178 | €178 | = | 0.0% |
| Reserves not available under the articles | 1311 | €178 | €178 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,678 | -€5,716 | +€963 | +14.4% |
| Amounts payable | 17/49 | €47,526 | €45,298 | -€2,228 | -4.7% |
| Amounts payable within one year | 42/48 | €47,526 | €45,298 | -€2,228 | -4.7% |
| Financial debts | 43 | - | €7,251 | +€7,251 | |
| Credit institutions | 430/8 | - | €7,251 | +€7,251 | |
| Trade debts | 44 | €22,017 | - | -€22,017 | |
| Suppliers | 440/4 | €22,017 | - | -€22,017 | |
| Taxes, remuneration and social security | 45 | €1,153 | €2,850 | +€1,697 | +147% |
| Taxes | 450/3 | €1,153 | - | -€1,153 | |
| Remuneration and social security | 454/9 | - | €2,850 | +€2,850 | |
| Other amounts payable | 47/48 | €24,355 | €35,197 | +€10,841 | +44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,361 | €1,359 | -€1 | -0.1% |
| Other operating charges | 640/8 | €543 | €695 | +€152 | +27.9% |
| Gross operating margin | 9900 | -€1,833 | €4,443 | +€6,276 | |
| Operating profit (loss) | 9901 | -€3,736 | €2,389 | +€6,125 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,793 | €1,426 | -€367 | -20.5% |
| Recurring financial charges | 65 | €1,793 | €1,426 | -€367 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,527 | €963 | +€6,489 | |
| Profit (loss) for the period | 9904 | -€5,527 | €963 | +€6,489 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,527 | €963 | +€6,489 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.