GLAM GLOW: 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.
GLAM GLOW
Largest movements
- Receivables within one year +€10,230
up €10,230 (+1,534%), from €667 to €10,897
of which Trade receivables: +€10,681
- Cash -€7,046
down €7,046 (-59.1%), from €11,918 to €4,871
mainly Receivables within one year (-€10,230) and Tax, wage and social debts (-€5,736)
- Advances received +€7,411
new in 2024: €7,411
- Tax, wage and social debts -€5,736
down €5,736 (-40.4%), from €14,186 to €8,450
of which Taxes: -€4,596
- Trade debts +€1,059
up €1,059 (+37.0%), from €2,859 to €3,918
- Profit (loss) carried forward +€450
up €450, from -€192 to €258
- Turnover -€52,240
no longer reported in 2024 (was €52,240)
- Purchases and services -€40,559
no longer reported in 2024 (was €40,559)
- Gross operating margin -€10,307
down €10,307 (-88.2%), from €11,682 to €1,375
- Staff costs -€8,503
no longer reported in 2024 (was €8,503)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,553 | €25,737 | +€3,184 | +14.1% |
| Current assets | 29/58 | €22,553 | €25,737 | +€3,184 | +14.1% |
| Stocks and contracts in progress | 3 | €9,969 | €9,969 | = | 0.0% |
| Stocks | 30/36 | €9,969 | €9,969 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €667 | €10,897 | +€10,230 | +1,534% |
| Trade receivables | 40 | - | €10,681 | +€10,681 | |
| Other amounts receivable | 41 | €667 | €216 | -€451 | -67.6% |
| Cash at bank and in hand | 54/58 | €11,918 | €4,871 | -€7,046 | -59.1% |
| Total equity and liabilities | 10/49 | €22,553 | €25,737 | +€3,184 | +14.1% |
| Equity | 10/15 | €5,508 | €5,958 | +€450 | +8.2% |
| Contributions | 10/11 | €5,700 | €5,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€192 | €258 | +€450 | |
| Amounts payable | 17/49 | €17,045 | €19,779 | +€2,733 | +16.0% |
| Amounts payable within one year | 42/48 | €17,045 | €19,779 | +€2,733 | +16.0% |
| Trade debts | 44 | €2,859 | €3,918 | +€1,059 | +37.0% |
| Suppliers | 440/4 | €2,859 | €3,918 | +€1,059 | +37.0% |
| Advances received on contracts in progress | 46 | - | €7,411 | +€7,411 | |
| Taxes, remuneration and social security | 45 | €14,186 | €8,450 | -€5,736 | -40.4% |
| Taxes | 450/3 | €9,851 | €5,255 | -€4,596 | -46.7% |
| Remuneration and social security | 454/9 | €4,335 | €3,195 | -€1,140 | -26.3% |
| Turnover | 70 | €52,240 | - | -€52,240 | |
| Goods, raw materials, services and sundry goods | 60/61 | €40,559 | - | -€40,559 | |
| Remuneration, social security and pensions | 62 | €8,503 | - | -€8,503 | |
| Other operating charges | 640/8 | €242 | - | -€242 | |
| Gross operating margin | 9900 | €11,682 | €1,375 | -€10,307 | -88.2% |
| Operating profit (loss) | 9901 | €2,937 | €1,375 | -€1,562 | -53.2% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €634 | €936 | +€302 | +47.5% |
| Recurring financial charges | 65 | €634 | €936 | +€302 | +47.5% |
| Profit (loss) for the period before taxes | 9903 | €2,302 | €450 | -€1,852 | -80.4% |
| Profit (loss) for the period | 9904 | €2,302 | €450 | -€1,852 | -80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,302 | €450 | -€1,852 | -80.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.