GL Solutions: 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 Solutions
Largest movements
- Tangible fixed assets -€7,975
down €7,975 (-7.4%), from €107,496 to €99,521
of which Land and buildings: -€5,850
- Other debts +€17,791
up €17,791 (+123.2%), from €14,443 to €32,234
- Tax, wage and social debts -€11,733
down €11,733 (-86.0%), from €13,648 to €1,915
- Trade debts -€10,882
down €10,882 (-40.6%), from €26,796 to €15,914
- Short-term financial debts +€5,105
new in 2025: €5,105
- Debts after one year -€4,535
down €4,535 (-5.2%), from €87,945 to €83,409
- Gross operating margin -€5,194
down €5,194 (-30.9%), from €16,800 to €11,606
- Taxes +€2,780
up €2,780 (+2091.7%), from €133 to €2,913
- Financial charges -€1,930
down €1,930 (-31.6%), from €6,099 to €4,169
- Other operating charges -€1,915
down €1,915 (-68.1%), from €2,811 to €896
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 | €107,609 | €99,521 | -€8,088 | -7.5% |
| Fixed assets | 21/28 | €107,496 | €99,521 | -€7,975 | -7.4% |
| Tangible fixed assets | 22/27 | €107,496 | €99,521 | -€7,975 | -7.4% |
| Land and buildings | 22 | €104,146 | €98,296 | -€5,850 | -5.6% |
| Furniture and vehicles | 24 | €746 | €274 | -€472 | -63.3% |
| Other tangible fixed assets | 26 | €2,604 | €951 | -€1,653 | -63.5% |
| Current assets | 29/58 | €113 | - | -€113 | |
| Cash at bank and in hand | 54/58 | €113 | - | -€113 | |
| Total equity and liabilities | 10/49 | €107,609 | €99,521 | -€8,088 | -7.5% |
| Equity | 10/15 | -€39,246 | -€43,592 | -€4,347 | -11.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €600 | €600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,246 | -€56,592 | -€4,347 | -8.3% |
| Amounts payable | 17/49 | €146,855 | €143,114 | -€3,741 | -2.5% |
| Amounts payable after more than one year | 17 | €87,945 | €83,409 | -€4,535 | -5.2% |
| Financial debts | 170/4 | €87,945 | €83,409 | -€4,535 | -5.2% |
| Amounts payable within one year | 42/48 | €58,910 | €59,704 | +€794 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €4,023 | €4,535 | +€512 | +12.7% |
| Financial debts | 43 | - | €5,105 | +€5,105 | |
| Credit institutions | 430/8 | - | €5,105 | +€5,105 | |
| Trade debts | 44 | €26,796 | €15,914 | -€10,882 | -40.6% |
| Suppliers | 440/4 | €26,796 | €15,914 | -€10,882 | -40.6% |
| Taxes, remuneration and social security | 45 | €13,648 | €1,915 | -€11,733 | -86.0% |
| Taxes | 450/3 | €13,648 | €1,915 | -€11,733 | -86.0% |
| Other amounts payable | 47/48 | €14,443 | €32,234 | +€17,791 | +123.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,115 | €7,975 | -€140 | -1.7% |
| Other operating charges | 640/8 | €2,811 | €896 | -€1,915 | -68.1% |
| Gross operating margin | 9900 | €16,800 | €11,606 | -€5,194 | -30.9% |
| Operating profit (loss) | 9901 | €5,873 | €2,735 | -€3,138 | -53.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | +57.1% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +57.1% |
| Financial charges | 65/66B | €6,099 | €4,169 | -€1,930 | -31.6% |
| Recurring financial charges | 65 | €6,099 | €4,169 | -€1,930 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | -€226 | -€1,434 | -€1,208 | -533.6% |
| Income taxes | 67/77 | €133 | €2,913 | +€2,780 | +2091.7% |
| Profit (loss) for the period | 9904 | -€359 | -€4,347 | -€3,987 | -1109.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€359 | -€4,347 | -€3,987 | -1109.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.