Glados: 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.
Glados
Largest movements
- Cash -€31,159
down €31,159 (-89.4%), from €34,834 to €3,675
mainly Net result for the year (-€40,459) and Tax, wage and social debts (-€4,880)
- Deferred charges and accrued income -€7,392
down €7,392 (-72.2%), from €10,238 to €2,846
- Receivables within one year -€4,491
down €4,491 (-72.8%), from €6,172 to €1,681
of which Other amounts receivable: -€4,491
- Tangible fixed assets -€803
down €803 (-71.8%), from €1,117 to €315
of which Furniture and vehicles: -€614
- Profit (loss) carried forward -€40,459
down €40,459 (-1821.1%), from -€2,222 to -€42,681
- Tax, wage and social debts -€4,880
down €4,880 (-100.0%), from €4,880 to €0
- Other debts +€1,396
up €1,396 (+4.8%), from €28,802 to €30,197
- Gross operating margin -€50,027
down €50,027, from €14,211 to -€35,816
- Financial charges -€901
down €901 (-23.2%), from €3,886 to €2,985
- Taxes -€516
down €516 (-76.2%), from €678 to €162
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 | €52,361 | €8,517 | -€43,844 | -83.7% |
| Fixed assets | 21/28 | €1,117 | €315 | -€803 | -71.8% |
| Tangible fixed assets | 22/27 | €1,117 | €315 | -€803 | -71.8% |
| Land and buildings | 22 | €188 | €0 | -€188 | -100.0% |
| Furniture and vehicles | 24 | €929 | €315 | -€614 | -66.1% |
| Current assets | 29/58 | €51,243 | €8,203 | -€43,041 | -84.0% |
| Amounts receivable within one year | 40/41 | €6,172 | €1,681 | -€4,491 | -72.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €6,172 | €1,681 | -€4,491 | -72.8% |
| Cash at bank and in hand | 54/58 | €34,834 | €3,675 | -€31,159 | -89.4% |
| Deferred charges and accrued income | 490/1 | €10,238 | €2,846 | -€7,392 | -72.2% |
| Total equity and liabilities | 10/49 | €52,361 | €8,517 | -€43,844 | -83.7% |
| Equity | 10/15 | €2,778 | -€37,681 | -€40,459 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,222 | -€42,681 | -€40,459 | -1821.1% |
| Amounts payable | 17/49 | €49,583 | €46,198 | -€3,384 | -6.8% |
| Amounts payable after more than one year | 17 | €15,400 | €15,400 | = | 0.0% |
| Other amounts payable | 178/9 | €15,400 | €15,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34,183 | €30,798 | -€3,384 | -9.9% |
| Trade debts | 44 | €501 | €601 | +€100 | +20.0% |
| Suppliers | 440/4 | €501 | €601 | +€100 | +20.0% |
| Taxes, remuneration and social security | 45 | €4,880 | €0 | -€4,880 | -100.0% |
| Taxes | 450/3 | €4,880 | €0 | -€4,880 | -100.0% |
| Other amounts payable | 47/48 | €28,802 | €30,197 | +€1,396 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €879 | €803 | -€76 | -8.7% |
| Other operating charges | 640/8 | €678 | €694 | +€16 | +2.4% |
| Gross operating margin | 9900 | €14,211 | -€35,816 | -€50,027 | |
| Operating profit (loss) | 9901 | €12,654 | -€37,312 | -€49,967 | |
| Financial charges | 65/66B | €3,886 | €2,985 | -€901 | -23.2% |
| Recurring financial charges | 65 | €3,886 | €2,985 | -€901 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €8,768 | -€40,298 | -€49,066 | |
| Income taxes | 67/77 | €678 | €162 | -€516 | -76.2% |
| Profit (loss) for the period | 9904 | €8,090 | -€40,459 | -€48,550 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,090 | -€40,459 | -€48,550 |
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 5 October 2026 via checked.be.