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Glad Diffusion: 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.

What changed

Glad Diffusion

BE 0408.218.956
NACE 46.423, Wholesale of clothing, excluding workwear and underwear
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€25,203
2023 · €31,291-€6,089
Equity
€51,231
2023 · €276,028-€224,797
Cash
€3,070
2023 · €513+€2,557
Balance sheet total
€309,634
2023 · €277,633+€32,002

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€29,586

    up €29,586 (+12.7%), from €232,712 to €262,298

Equity and liabilities
  • Other debts +€257,374

    up €257,374 (+24999.9%), from €1,030 to €258,404

  • Profit (loss) carried forward -€224,797

    down €224,797 (-88.3%), from €254,446 to €29,649

Income statement
  • Financial income -€6,278

    down €6,278 (-70.7%), from €8,879 to €2,601

  • Financial charges +€4,879

    up €4,879 (+20327.3%), from €24 to €4,903

  • Gross operating margin +€3,414

    up €3,414 (+8.3%), from €41,234 to €44,648

  • Taxes -€2,030

    down €2,030 (-19.5%), from €10,430 to €8,401

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €31,291
Gross operating margin +€3,414
Other operating charges -€376
Financial income -€6,278
Financial charges -€4,879
Taxes +€2,030
Result 2024 €25,203

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€252,557
Investment €0
Financing -€250,000
Cash 2023 €513
Net result for the year +€25,203
Depreciation +€197
Receivables within one year -€29,586
Smaller working-capital items -€631
Other debts +€257,374
Contributions, distributions and other -€250,000
Cash 2024 €3,070
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €277,633 €309,634 +€32,002 +11.5%
Fixed assets 21/28 €42,896 €42,699 -€197 -0.5%
Tangible fixed assets 22/27 €41,255 €41,058 -€197 -0.5%
Land and buildings 22 €39,885 €39,885 = 0.0%
Other tangible fixed assets 26 €1,370 €1,173 -€197 -14.4%
Financial fixed assets 28 €1,641 €1,641 = 0.0%
Current assets 29/58 €234,737 €266,935 +€32,199 +13.7%
Amounts receivable within one year 40/41 €232,712 €262,298 +€29,586 +12.7%
Other amounts receivable 41 €232,712 €262,298 +€29,586 +12.7%
Cash at bank and in hand 54/58 €513 €3,070 +€2,557 +498.2%
Deferred charges and accrued income 490/1 €1,511 €1,567 +€56 +3.7%
Total equity and liabilities 10/49 €277,633 €309,634 +€32,002 +11.5%
Equity 10/15 €276,028 €51,231 -€224,797 -81.4%
Contributions 10/11 €18,592 €18,592 = 0.0%
Reserves 13 €2,990 €2,990 = 0.0%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Distributable reserves 133 €2,990 €2,990 = 0.0%
Profit (loss) carried forward 14 €254,446 €29,649 -€224,797 -88.3%
Amounts payable 17/49 €1,605 €258,404 +€256,799 +16002.0%
Amounts payable within one year 42/48 €1,605 €258,404 +€256,799 +16002.0%
Trade debts 44 €145 €0 -€145 -100.0%
Suppliers 440/4 €145 €0 -€145 -100.0%
Taxes, remuneration and social security 45 €430 €0 -€430 -100.0%
Taxes 450/3 €430 €0 -€430 -100.0%
Other amounts payable 47/48 €1,030 €258,404 +€257,374 +24999.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €197 €197 = 0.0%
Other operating charges 640/8 €8,170 €8,546 +€376 +4.6%
Gross operating margin 9900 €41,234 €44,648 +€3,414 +8.3%
Operating profit (loss) 9901 €32,867 €35,906 +€3,039 +9.2%
Financial income 75/76B €8,879 €2,601 -€6,278 -70.7%
Recurring financial income 75 €8,879 €2,601 -€6,278 -70.7%
Financial charges 65/66B €24 €4,903 +€4,879 +20327.3%
Recurring financial charges 65 €24 €4,903 +€4,879 +20327.3%
Profit (loss) for the period before taxes 9903 €41,722 €33,604 -€8,118 -19.5%
Income taxes 67/77 €10,430 €8,401 -€2,030 -19.5%
Profit (loss) for the period 9904 €31,291 €25,203 -€6,089 -19.5%
Profit (loss) for the period to be appropriated 9905 €31,291 €25,203 -€6,089 -19.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.